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      <invstOrSec>
        <name>WiseTech Global Ltd.</name>
        <lei>254900VE3AF301Q85K83</lei>
        <title>WiseTech Global Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000WTC3"/>
        </identifiers>
        <balance>931680.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.44906535"/>
        <valUSD>12441128.35000000</valUSD>
        <pctVal>0.196511100038</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="782.42000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dfds A/S</name>
        <lei>549300JZVW1Y1UZ5UK38</lei>
        <title>Dfds A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060655629"/>
        </identifiers>
        <balance>181325.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.63250000"/>
        <valUSD>5593531.10000000</valUSD>
        <pctVal>0.088351387320</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>Equatorial Energia SA</name>
        <lei>N/A</lei>
        <title>Equatorial Energia SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BREQTLACNOR0"/>
        </identifiers>
        <balance>1668800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.43810000"/>
        <valUSD>7125565.18000000</valUSD>
        <pctVal>0.112550293874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MISUMI Group, Inc.</name>
        <lei>353800SJWGE5BEK2V032</lei>
        <title>MISUMI Group, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3885400006"/>
        </identifiers>
        <balance>225900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>5636254.69000000</valUSD>
        <pctVal>0.089026218367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Omni Bridgeway Ltd.</name>
        <lei>529900T4EL2A89FPP865</lei>
        <title>Omni Bridgeway Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000082489"/>
        </identifiers>
        <balance>4693704.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.44906535"/>
        <valUSD>15450626.90000000</valUSD>
        <pctVal>0.244046970900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi Pencil Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Mitsubishi Pencil Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3895600009"/>
        </identifiers>
        <balance>231500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>2896564.02000000</valUSD>
        <pctVal>0.045752038391</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Virbac SA</name>
        <lei>969500QQ1X5XHG649644</lei>
        <title>Virbac SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000031577"/>
        </identifiers>
        <balance>108387.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>23745695.10000000</valUSD>
        <pctVal>0.375069891894</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>City Developments Ltd.</name>
        <lei>254900BPLPJS0RJ72373</lei>
        <title>City Developments Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1R89002252"/>
        </identifiers>
        <balance>4876000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.39360000"/>
        <valUSD>29544942.19000000</valUSD>
        <pctVal>0.466670620782</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>Legrand SA</name>
        <lei>969500XXRPGD7HCAFA90</lei>
        <title>Legrand SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010307819"/>
        </identifiers>
        <balance>604998.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>45962345.74000000</valUSD>
        <pctVal>0.725988099119</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>NGK Spark Plug Co. Ltd.</name>
        <lei>549300RG3XQGTFM4HH31</lei>
        <title>NGK Spark Plug Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3738600000"/>
        </identifiers>
        <balance>837800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>11980210.23000000</valUSD>
        <pctVal>0.189230769489</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Greggs plc</name>
        <lei>213800I71QMUFJ64IW20</lei>
        <title>Greggs plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B63QSB39"/>
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        <balance>2058957.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>41330308.92000000</valUSD>
        <pctVal>0.652823782723</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>Chiba Bank Ltd. (The)</name>
        <lei>FGJPAKKCTZVSKZXNBS63</lei>
        <title>Chiba Bank Ltd. (The)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3511800009"/>
        </identifiers>
        <balance>2538451.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>11942885.93000000</valUSD>
        <pctVal>0.188641221737</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rightmove plc</name>
        <lei>2138001JXGCFKBXYB828</lei>
        <title>Rightmove plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BGDT3G23"/>
        </identifiers>
        <balance>4506848.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>30491017.27000000</valUSD>
        <pctVal>0.481614141133</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>Obara Group, Inc.</name>
        <lei>3538003M0UGWDBTV2318</lei>
        <title>Obara Group, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3197650009"/>
        </identifiers>
        <balance>128500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>3891595.28000000</valUSD>
        <pctVal>0.061468835290</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hogy Medical Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Hogy Medical Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3840800001"/>
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        <balance>79600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>2447529.52000000</valUSD>
        <pctVal>0.038659412942</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Senko Group Holdings Co. Ltd.</name>
        <lei>35380077MB9W0NB6BA14</lei>
        <title>Senko Group Holdings Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3423800006"/>
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        <balance>657300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>4876103.73000000</valUSD>
        <pctVal>0.077019421464</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bunzl plc</name>
        <lei>213800Q1Q9DV4L78UM09</lei>
        <title>Bunzl plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B0744B38"/>
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        <balance>847343.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>22741759.29000000</valUSD>
        <pctVal>0.359212445138</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>JM Holdings Co. Ltd.</name>
        <lei>N/A</lei>
        <title>JM Holdings Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3389690003"/>
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        <balance>253700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>7072350.08000000</valUSD>
        <pctVal>0.111709746493</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kingspan Group plc</name>
        <lei>635400HM7V74SUB9OG75</lei>
        <title>Kingspan Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE0004927939"/>
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        <balance>100826.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>6456846.67000000</valUSD>
        <pctVal>0.101987698077</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>T Hasegawa Co. Ltd.</name>
        <lei>N/A</lei>
        <title>T Hasegawa Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3768500005"/>
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        <balance>1614900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>36201584.14000000</valUSD>
        <pctVal>0.571814141157</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cellnex Telecom SA</name>
        <lei>5493008T4YG3AQUI7P67</lei>
        <title>Cellnex Telecom SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0105066007"/>
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        <balance>1625905.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>99080440.19000000</valUSD>
        <pctVal>1.565003249405</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>Globant SA</name>
        <lei>2221008DCMSPYS42DS88</lei>
        <title>Globant SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="LU0974299876"/>
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        <balance>64970.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9735754.50000000</valUSD>
        <pctVal>0.153778963826</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Orbia Advance Corp. SAB de CV</name>
        <lei>549300MVHZ20SBIOEQ79</lei>
        <title>Orbia Advance Corp. SAB de CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MX01OR010004"/>
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        <balance>5840795.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="22.98450000"/>
        <valUSD>8634958.95000000</valUSD>
        <pctVal>0.136391590401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Moneysupermarket.com Group plc</name>
        <lei>54930016B7VO33FBE722</lei>
        <title>Moneysupermarket.com Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1ZBKY84"/>
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        <balance>6189373.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>24817699.93000000</valUSD>
        <pctVal>0.392002507848</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>
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      </invstOrSec>
      <invstOrSec>
        <name>E.Sun Financial Holding Co. Ltd.</name>
        <lei>549300X6CNQE512OPC90</lei>
        <title>E.Sun Financial Holding Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0002884004"/>
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        <balance>31796860.00000000</balance>
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        <currencyConditional curCd="TWD" exchangeRt="29.50450000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Freightways Ltd.</name>
        <lei>N/A</lei>
        <title>Freightways Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZFREE0001S0"/>
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        <balance>1868239.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.54966682"/>
        <valUSD>8709446.05000000</valUSD>
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        <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>TMX Group Ltd.</name>
        <lei>549300N65GFVKSHGJW59</lei>
        <title>TMX Group Ltd.</title>
        <cusip>87262K105</cusip>
        <identifiers>
          <isin value="CA87262K1057"/>
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        <balance>395197.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35760000"/>
        <valUSD>39074317.41000000</valUSD>
        <pctVal>0.617189766191</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>
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      </invstOrSec>
      <invstOrSec>
        <name>EMIS Group plc</name>
        <lei>213800K474ZZK76NX913</lei>
        <title>EMIS Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B61D1Y04"/>
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        <balance>489193.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>6546517.75000000</valUSD>
        <pctVal>0.103404077852</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>AEON Thana Sinsap Thailand PCL</name>
        <lei>N/A</lei>
        <title>AEON Thana Sinsap Thailand PCL</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0664010Z11"/>
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        <balance>2759200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="30.90750000"/>
        <valUSD>9641465.66000000</valUSD>
        <pctVal>0.152289645241</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Zuken, Inc.</name>
        <lei>N/A</lei>
        <title>Zuken, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3412000006"/>
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        <balance>513300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>13605599.44000000</valUSD>
        <pctVal>0.214904246417</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Park24 Co. Ltd.</name>
        <lei>549300LFG2WZWCWM4M68</lei>
        <title>Park24 Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3780100008"/>
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        <balance>358200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>6120666.82000000</valUSD>
        <pctVal>0.096677643372</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Astra Agro Lestari Tbk. PT</name>
        <lei>529900XU6T7VIQ56SN17</lei>
        <title>Astra Agro Lestari Tbk. PT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ID1000066004"/>
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        <balance>15352000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14285.00000000"/>
        <valUSD>8903078.88000000</valUSD>
        <pctVal>0.140626619645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Greencore Group plc</name>
        <lei>635400GGBEWULJXM5868</lei>
        <title>Greencore Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE0003864109"/>
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        <balance>1183806.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>1845302.37000000</valUSD>
        <pctVal>0.029147066763</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>Dairy Farm International Holdings Ltd.</name>
        <lei>213800NOTG41PZVNNX48</lei>
        <title>Dairy Farm International Holdings Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG2624N1535"/>
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        <balance>6359109.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>29569856.85000000</valUSD>
        <pctVal>0.467064154801</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Auto Trader Group plc</name>
        <lei>213800QLK9BZILB1DI86</lei>
        <title>Auto Trader Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BVYVFW23"/>
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        <balance>4705162.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>30689995.28000000</valUSD>
        <pctVal>0.484757054423</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Mainfreight Ltd.</name>
        <lei>5493007BE0VNXX7RYQ88</lei>
        <title>Mainfreight Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZMFTE0001S9"/>
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        <balance>262213.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.54966682"/>
        <valUSD>6666718.33000000</valUSD>
        <pctVal>0.105302679613</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nippon Television Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Nippon Television Holdings, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3732200005"/>
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        <balance>610800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>6595904.61000000</valUSD>
        <pctVal>0.104184157111</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Spectris plc</name>
        <lei>213800Z4CO2CZO3M3T10</lei>
        <title>Spectris plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0003308607"/>
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        <balance>188959.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>5912012.24000000</valUSD>
        <pctVal>0.093381885954</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>Schroders plc</name>
        <lei>2138001YYBULX5SZ2H24</lei>
        <title>Schroders plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0002405495"/>
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        <balance>815686.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>29806030.47000000</valUSD>
        <pctVal>0.470794583148</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>
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      <invstOrSec>
        <name>Grupo Aeroportuario del Pacifico SAB de CV</name>
        <lei>4469000001BZ368XFI90</lei>
        <title>Grupo Aeroportuario del Pacifico SAB de CV, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MX01GA000004"/>
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        <balance>598741.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="22.98450000"/>
        <valUSD>4305245.93000000</valUSD>
        <pctVal>0.068002562937</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FinecoBank Banca Fineco SpA</name>
        <lei>549300L7YCATGO57ZE10</lei>
        <title>FinecoBank Banca Fineco SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0000072170"/>
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        <balance>1071097.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>14458580.53000000</valUSD>
        <pctVal>0.228377321173</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Cie Plastic Omnium SA</name>
        <lei>9695001VLC2KYXX0DW73</lei>
        <title>Cie Plastic Omnium SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000124570"/>
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        <balance>466241.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>9496888.64000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>B&amp;M European Value Retail SA</name>
        <lei>213800UK7ZRLY2K1X530</lei>
        <title>B&amp;M European Value Retail SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="LU1072616219"/>
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        <balance>1461627.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>7199130.57000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TORC Oil &amp; Gas Ltd.</name>
        <lei>54930004QX3OL14C3P73</lei>
        <title>TORC Oil &amp; Gas Ltd.</title>
        <cusip>890895303</cusip>
        <identifiers>
          <isin value="CA8908953034"/>
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        <balance>693989.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.35760000"/>
        <valUSD>869019.81000000</valUSD>
        <pctVal>0.013726410821</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MakeMyTrip Ltd.</name>
        <lei>529900DNT8HNJ7RYUO60</lei>
        <title>MakeMyTrip Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MU0295S00016"/>
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        <balance>1069505.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16384816.60000000</valUSD>
        <pctVal>0.258802758352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hamakyorex Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Hamakyorex Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3771150004"/>
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        <balance>114900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>3304139.85000000</valUSD>
        <pctVal>0.052189812558</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Multiplan Empreendimentos Imobiliarios SA</name>
        <lei>N/A</lei>
        <title>Multiplan Empreendimentos Imobiliarios SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRMULTACNOR5"/>
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        <balance>3219285.00000000</balance>
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        <currencyConditional curCd="BRL" exchangeRt="5.43810000"/>
        <valUSD>12135735.37000000</valUSD>
        <pctVal>0.191687332550</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>San-Ai Oil Co. Ltd.</name>
        <lei>N/A</lei>
        <title>San-Ai Oil Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3323600001"/>
        </identifiers>
        <balance>1516100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>13648059.27000000</valUSD>
        <pctVal>0.215574911301</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITE Group plc (The)</name>
        <lei>213800BBUUWVDH9YI827</lei>
        <title>UNITE Group plc (The)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0006928617"/>
        </identifiers>
        <balance>3225537.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>37569571.50000000</valUSD>
        <pctVal>0.593421883911</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>Ryohin Keikaku Co. Ltd.</name>
        <lei>549300PMNF56J66BY371</lei>
        <title>Ryohin Keikaku Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3976300008"/>
        </identifiers>
        <balance>1407200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>19874785.83000000</valUSD>
        <pctVal>0.313927797914</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ibstock plc</name>
        <lei>2138003QHTNX34CN9V93</lei>
        <title>Ibstock plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYXJC278"/>
        </identifiers>
        <balance>4572917.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>10188010.09000000</valUSD>
        <pctVal>0.160922467292</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>Tikkurila OYJ</name>
        <lei>743700PKLY067IZIF588</lei>
        <title>Tikkurila OYJ</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000008719"/>
        </identifiers>
        <balance>131380.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>1827355.24000000</valUSD>
        <pctVal>0.028863586828</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>Takasago International Corp.</name>
        <lei>N/A</lei>
        <title>Takasago International Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3454400007"/>
        </identifiers>
        <balance>161300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>3208820.56000000</valUSD>
        <pctVal>0.050684217727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yunnan Baiyao Group Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Yunnan Baiyao Group Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000008X7"/>
        </identifiers>
        <balance>646117.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.07410000"/>
        <valUSD>8568190.41000000</valUSD>
        <pctVal>0.135336962648</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morinaga &amp; Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Morinaga &amp; Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3926400007"/>
        </identifiers>
        <balance>538300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>20926442.17000000</valUSD>
        <pctVal>0.330539003780</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rinnai Corp.</name>
        <lei>N/A</lei>
        <title>Rinnai Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3977400005"/>
        </identifiers>
        <balance>89900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>7493401.25000000</valUSD>
        <pctVal>0.118360367423</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MOIL Ltd.</name>
        <lei>N/A</lei>
        <title>MOIL Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE490G01020"/>
        </identifiers>
        <balance>6090545.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.50375000"/>
        <valUSD>11357697.28000000</valUSD>
        <pctVal>0.179398003429</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Voltronic Power Technology Corp.</name>
        <lei>N/A</lei>
        <title>Voltronic Power Technology Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0006409006"/>
        </identifiers>
        <balance>1142612.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.50450000"/>
        <valUSD>32762790.49000000</valUSD>
        <pctVal>0.517497434187</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Julius Baer Group Ltd.</name>
        <lei>5299007MF0604ZGJER92</lei>
        <title>Julius Baer Group Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0102484968"/>
        </identifiers>
        <balance>391642.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.94745000"/>
        <valUSD>16389894.24000000</valUSD>
        <pctVal>0.258882961095</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>Grupo Aeroportuario del Sureste SAB de CV</name>
        <lei>5299001W7JIDXCUOUC82</lei>
        <title>Grupo Aeroportuario del Sureste SAB de CV</title>
        <cusip>40051E202</cusip>
        <identifiers>
          <isin value="US40051E2028"/>
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        <balance>45460.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5104703.40000000</valUSD>
        <pctVal>0.080630217154</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VAT Group AG</name>
        <lei>529900MVFK7NVALR7Y83</lei>
        <title>VAT Group AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0311864901"/>
        </identifiers>
        <balance>75145.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.94745000"/>
        <valUSD>13721130.40000000</valUSD>
        <pctVal>0.216729090225</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>Essity AB, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0009922164"/>
        </identifiers>
        <balance>939875.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.31820000"/>
        <valUSD>30370282.08000000</valUSD>
        <pctVal>0.479707095057</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>Partners Group Holding AG</name>
        <lei>549300I3IVVWZWDHI788</lei>
        <title>Partners Group Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0024608827"/>
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        <balance>3641.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.94745000"/>
        <valUSD>3302628.53000000</valUSD>
        <pctVal>0.052165940836</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>Nissei ASB Machine Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Nissei ASB Machine Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3678200001"/>
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        <balance>151400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>4500986.34000000</valUSD>
        <pctVal>0.071094337430</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Amadeus IT Group SA</name>
        <lei>9598004A3FTY3TEHHN09</lei>
        <title>Amadeus IT Group SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0109067019"/>
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        <balance>1258866.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>65596901.88000000</valUSD>
        <pctVal>1.036121401926</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>Sohgo Security Services Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Sohgo Security Services Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3431900004"/>
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        <balance>255700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>11888066.68000000</valUSD>
        <pctVal>0.187775336359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TechnipFMC plc</name>
        <lei>549300D5I93QWCJTCK36</lei>
        <title>TechnipFMC plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BDSFG982"/>
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        <balance>134838.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>928030.77000000</valUSD>
        <pctVal>0.014658505430</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 Pure Chemical Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Japan Pure Chemical Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3706600008"/>
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        <balance>41700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>1002190.32000000</valUSD>
        <pctVal>0.015829876253</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fukushima Galilei Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Fukushima Galilei Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3805150004"/>
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        <balance>362600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>11468200.97000000</valUSD>
        <pctVal>0.181143440102</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Azbil Corp.</name>
        <lei>N/A</lei>
        <title>Azbil Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3937200008"/>
        </identifiers>
        <balance>438400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>13337754.11000000</valUSD>
        <pctVal>0.210673554557</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Esprit Holdings Ltd.</name>
        <lei>529900Y9K70J2INEUB08</lei>
        <title>Esprit Holdings Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG3122U1457"/>
        </identifiers>
        <balance>6185199.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75050000"/>
        <valUSD>676011.41000000</valUSD>
        <pctVal>0.010677789190</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Davide Campari-Milano SpA</name>
        <lei>213800ED5AN2J56N6Z02</lei>
        <title>Davide Campari-Milano SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005252207"/>
        </identifiers>
        <balance>1907227.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>16070771.62000000</valUSD>
        <pctVal>0.253842330106</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>Metropolitan Bank &amp; Trust Co.</name>
        <lei>549300SQYI82RVWFN715</lei>
        <title>Metropolitan Bank &amp; Trust Co.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PHY6028G1361"/>
        </identifiers>
        <balance>27226417.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="49.82500000"/>
        <valUSD>20218312.67000000</valUSD>
        <pctVal>0.319353900380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hellenic Telecommunications Organization SA</name>
        <lei>ELPUFM0XZRZO4LFXW404</lei>
        <title>Hellenic Telecommunications Organization SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GRS260333000"/>
        </identifiers>
        <balance>2120009.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>28605779.85000000</valUSD>
        <pctVal>0.451836289091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gran Tierra Energy, Inc.</name>
        <lei>549300IH2S17MAIUCM32</lei>
        <title>Gran Tierra Energy, Inc.</title>
        <cusip>38500T101</cusip>
        <identifiers>
          <isin value="US38500T1016"/>
        </identifiers>
        <balance>2243645.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35760000"/>
        <valUSD>760221.49000000</valUSD>
        <pctVal>0.012007910944</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="394753.53000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tingyi Cayman Islands Holding Corp.</name>
        <lei>5299009MPI9B60VN4P25</lei>
        <title>Tingyi Cayman Islands Holding Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG8878S1030"/>
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        <balance>17074000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75050000"/>
        <valUSD>26479514.87000000</valUSD>
        <pctVal>0.418251339364</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Brenntag AG</name>
        <lei>NNROIXVWJ7CPSR27SV97</lei>
        <title>Brenntag AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A1DAHH0"/>
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        <balance>93618.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>4919260.36000000</valUSD>
        <pctVal>0.077701092499</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Linx SA</name>
        <lei>N/A</lei>
        <title>Linx SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRLINXACNOR0"/>
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        <balance>2814200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.43810000"/>
        <valUSD>13113371.95000000</valUSD>
        <pctVal>0.207129375617</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sankyu, Inc.</name>
        <lei>529900QWTXZZEM1T5G75</lei>
        <title>Sankyu, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3326000001"/>
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        <balance>488600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>18326742.30000000</valUSD>
        <pctVal>0.289476017622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cerved Group SpA</name>
        <lei>8156005E0EF91772E207</lei>
        <title>Cerved Group SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005010423"/>
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        <balance>4672479.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>33570745.60000000</valUSD>
        <pctVal>0.530259311002</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>Kikkoman Corp.</name>
        <lei>529900T9K5UH9HXOND47</lei>
        <title>Kikkoman Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3240400006"/>
        </identifiers>
        <balance>121900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>5859328.55000000</valUSD>
        <pctVal>0.092549732343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Medipal Holdings Corp.</name>
        <lei>353800PJDODZEA4NP730</lei>
        <title>Medipal Holdings Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3268950007"/>
        </identifiers>
        <balance>218700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>4204873.35000000</valUSD>
        <pctVal>0.066417149979</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hella GmbH &amp; Co. KGaA</name>
        <lei>529900PLX4ADJFWIY024</lei>
        <title>Hella GmbH &amp; Co. KGaA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A13SX22"/>
        </identifiers>
        <balance>179500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>7340724.35000000</valUSD>
        <pctVal>0.115948793109</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cia Brasileira de Distribuicao</name>
        <lei>5299003V5B6KLICZCC14</lei>
        <title>Cia Brasileira de Distribuicao</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRPCARACNOR3"/>
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        <balance>787400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.43810000"/>
        <valUSD>10277422.63000000</valUSD>
        <pctVal>0.162334763356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kalbe Farma Tbk. PT</name>
        <lei>529900PRQI8S32HOE387</lei>
        <title>Kalbe Farma Tbk. PT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ID1000125107"/>
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        <balance>333929300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14285.00000000"/>
        <valUSD>34129280.92000000</valUSD>
        <pctVal>0.539081532512</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Iluka Resources Ltd.</name>
        <lei>2549009N2Y1F4YNB0955</lei>
        <title>Iluka Resources Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ILU1"/>
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        <balance>2666873.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.44906535"/>
        <valUSD>15782917.45000000</valUSD>
        <pctVal>0.249295593025</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Shriram Transport Finance Co. Ltd.</name>
        <lei>335800TM2YO24B76XL26</lei>
        <title>Shriram Transport Finance Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE721A01013"/>
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        <balance>1931725.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.50375000"/>
        <valUSD>17819160.32000000</valUSD>
        <pctVal>0.281458618361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nohmi Bosai Ltd.</name>
        <lei>N/A</lei>
        <title>Nohmi Bosai Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3759800000"/>
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        <balance>582000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>11270775.64000000</valUSD>
        <pctVal>0.178025051827</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>San-A Co. Ltd.</name>
        <lei>N/A</lei>
        <title>San-A Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3324500002"/>
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        <balance>87700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>3354489.47000000</valUSD>
        <pctVal>0.052985098881</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nabtesco Corp.</name>
        <lei>529900DVHQXYRTGW7739</lei>
        <title>Nabtesco Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3651210001"/>
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        <balance>482500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>14835841.63000000</valUSD>
        <pctVal>0.234336265705</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Demant A/S</name>
        <lei>213800RM6L9LN78BVA56</lei>
        <title>Demant A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060738599"/>
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        <balance>271692.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.63250000"/>
        <valUSD>7164557.98000000</valUSD>
        <pctVal>0.113166196049</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Sony Financial Holdings, Inc.</name>
        <lei>353800O7BDSU41WOZA60</lei>
        <title>Sony Financial Holdings, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3435350008"/>
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        <balance>876900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>21074836.77000000</valUSD>
        <pctVal>0.332882937969</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fujitec Co. Ltd.</name>
        <lei>353800YTI2P5MIZAV086</lei>
        <title>Fujitec Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3818800009"/>
        </identifiers>
        <balance>1247100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>22857243.81000000</valUSD>
        <pctVal>0.361036555414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pacific Textiles Holdings Ltd.</name>
        <lei>5299009IC8ZP94KPH034</lei>
        <title>Pacific Textiles Holdings Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG686121032"/>
        </identifiers>
        <balance>38809000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75050000"/>
        <valUSD>18785619.00000000</valUSD>
        <pctVal>0.296724103372</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>51job, Inc.</name>
        <lei>52990088ZF32Q8YHCJ53</lei>
        <title>51job, Inc.</title>
        <cusip>316827104</cusip>
        <identifiers>
          <isin value="US3168271043"/>
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        <balance>498506.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>35787745.74000000</valUSD>
        <pctVal>0.565277447946</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seven Generations Energy Ltd.</name>
        <lei>549300XZHTA2VXQWAL67</lei>
        <title>Seven Generations Energy Ltd., Class A</title>
        <cusip>81783Q105</cusip>
        <identifiers>
          <isin value="CA81783Q1054"/>
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        <balance>642004.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35760000"/>
        <valUSD>1432875.75000000</valUSD>
        <pctVal>0.022632673012</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>Concentradora Fibra Danhos SA de CV</name>
        <lei>N/A</lei>
        <title>Concentradora Fibra Danhos SA de CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MXCFDA020005"/>
        </identifiers>
        <balance>4091589.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="22.98450000"/>
        <valUSD>3887850.67000000</valUSD>
        <pctVal>0.061409688129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TK Corp.</name>
        <lei>N/A</lei>
        <title>TK Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7023160005"/>
        </identifiers>
        <balance>828332.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1202.85000000"/>
        <valUSD>5080208.78000000</valUSD>
        <pctVal>0.080243317784</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aguas Andinas SA</name>
        <lei>N/A</lei>
        <title>Aguas Andinas SA, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CL0000000035"/>
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        <balance>20990755.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="821.40000000"/>
        <valUSD>7109359.68000000</valUSD>
        <pctVal>0.112294323471</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Babcock International Group plc</name>
        <lei>213800TSKOLX4EU6L377</lei>
        <title>Babcock International Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0009697037"/>
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        <balance>1393969.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>5357982.24000000</valUSD>
        <pctVal>0.084630827232</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>TOTO Ltd.</name>
        <lei>N/A</lei>
        <title>TOTO Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3596200000"/>
        </identifiers>
        <balance>145700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>5583964.80000000</valUSD>
        <pctVal>0.088200284938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zojirushi Corp.</name>
        <lei>N/A</lei>
        <title>Zojirushi Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3437400009"/>
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        <balance>263900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>3328842.79000000</valUSD>
        <pctVal>0.052580002401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hero MotoCorp Ltd.</name>
        <lei>335800Q49FBMZJTRLK49</lei>
        <title>Hero MotoCorp Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE158A01026"/>
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        <balance>883260.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.50375000"/>
        <valUSD>29939869.91000000</valUSD>
        <pctVal>0.472908614516</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oracle Corp. Japan</name>
        <lei>529900MIMKY9RU60Z323</lei>
        <title>Oracle Corp. Japan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3689500001"/>
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        <balance>255700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>30122750.64000000</valUSD>
        <pctVal>0.475797266768</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wolters Kluwer NV</name>
        <lei>724500TEM53I0U077B74</lei>
        <title>Wolters Kluwer NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000395903"/>
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        <balance>201689.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>15753064.67000000</valUSD>
        <pctVal>0.248824060020</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>Cogna Educacao</name>
        <lei>549300BTP1E45NJ6R194</lei>
        <title>Cogna Educacao</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRCOGNACNOR2"/>
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        <balance>2301416.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.43810000"/>
        <valUSD>2797366.68000000</valUSD>
        <pctVal>0.044185188676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Steadfast Group Ltd.</name>
        <lei>N/A</lei>
        <title>Steadfast Group Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SDF8"/>
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        <balance>7053736.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.44906535"/>
        <valUSD>16355751.63000000</valUSD>
        <pctVal>0.258343669026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cosmos Pharmaceutical Corp.</name>
        <lei>N/A</lei>
        <title>Cosmos Pharmaceutical Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3298400007"/>
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        <balance>59200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>9068469.55000000</valUSD>
        <pctVal>0.143239011510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hiscox Ltd.</name>
        <lei>5493007JXOLJ0QCY2D70</lei>
        <title>Hiscox Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG4593F1389"/>
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        <balance>2112798.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
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        <pctVal>0.326098218433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NOF Corp.</name>
        <lei>N/A</lei>
        <title>NOF Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3753400005"/>
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        <balance>320000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>11054410.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sagami Rubber Industries Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Sagami Rubber Industries Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3316000003"/>
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        <balance>264700.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Softbrain Co. Ltd.</name>
        <lei>529900TS4PMPC0YVMF25</lei>
        <title>Softbrain Co. Ltd.</title>
        <cusip>N/A</cusip>
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          <isin value="JP3436170009"/>
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        <balance>1328700.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Jyske Bank A/S</name>
        <lei>3M5E1GQGKL17HI6CPN30</lei>
        <title>Jyske Bank A/S (Registered)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0010307958"/>
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        <balance>338988.00000000</balance>
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        <currencyConditional curCd="DKK" exchangeRt="6.63250000"/>
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        <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>
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      </invstOrSec>
      <invstOrSec>
        <name>Unicharm Corp.</name>
        <lei>353800UQ4BZIJTAQEG85</lei>
        <title>Unicharm Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3951600000"/>
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        <balance>883600.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ascendas India Trust</name>
        <lei>N/A</lei>
        <title>Ascendas India Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1V35936920"/>
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        <balance>12556800.00000000</balance>
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        <currencyConditional curCd="SGD" exchangeRt="1.39360000"/>
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        <pctVal>0.192388590363</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>
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      </invstOrSec>
      <invstOrSec>
        <name>MonotaRO Co. Ltd.</name>
        <lei>N/A</lei>
        <title>MonotaRO Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3922950005"/>
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        <balance>389300.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>15575605.46000000</valUSD>
        <pctVal>0.246021042191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Forterra plc</name>
        <lei>213800O5DD6ATBVJAD23</lei>
        <title>Forterra plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYYW3C20"/>
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        <balance>9212614.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>22944853.68000000</valUSD>
        <pctVal>0.362420377800</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>Prologis Property Mexico SA de CV</name>
        <lei>N/A</lei>
        <title>Prologis Property Mexico SA de CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MXCFFI170008"/>
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        <balance>2375819.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="22.98450000"/>
        <valUSD>4249381.94000000</valUSD>
        <pctVal>0.067120175599</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rational AG</name>
        <lei>529900K139N6UFJ1A758</lei>
        <title>Rational AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0007010803"/>
        </identifiers>
        <balance>3140.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>1758250.55000000</valUSD>
        <pctVal>0.027772058932</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>Auckland International Airport Ltd.</name>
        <lei>549300HFZIZDJWB7AK60</lei>
        <title>Auckland International Airport Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZAIAE0002S6"/>
        </identifiers>
        <balance>2773766.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.54966682"/>
        <valUSD>11759716.60000000</valUSD>
        <pctVal>0.185748010967</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gerdau SA</name>
        <lei>254900YDV6SEQQPZVG24</lei>
        <title>Gerdau SA (Preference)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRGGBRACNPR8"/>
        </identifiers>
        <balance>1786200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.43810000"/>
        <valUSD>5258649.53000000</valUSD>
        <pctVal>0.083061839311</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Energisa SA</name>
        <lei>N/A</lei>
        <title>Energisa SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRENGICDAM16"/>
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        <balance>777400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.43810000"/>
        <valUSD>7004762.69000000</valUSD>
        <pctVal>0.110642184775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Johnson Service Group plc</name>
        <lei>2138004WZUPWV53KWV11</lei>
        <title>Johnson Service Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0004762810"/>
        </identifiers>
        <balance>1680493.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>2407137.52000000</valUSD>
        <pctVal>0.038021410011</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>Advantech Co. Ltd.</name>
        <lei>2549002OSTKE9HB9IY03</lei>
        <title>Advantech Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0002395001"/>
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        <balance>1686748.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.50450000"/>
        <valUSD>16855870.20000000</valUSD>
        <pctVal>0.266243181640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rathbone Brothers plc</name>
        <lei>213800MBTHM6UE8ZQP29</lei>
        <title>Rathbone Brothers plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0002148343"/>
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        <balance>1123982.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>19776710.71000000</valUSD>
        <pctVal>0.312378673978</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>Webjet Ltd.</name>
        <lei>21380064YZG4XMO4CW38</lei>
        <title>Webjet Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000WEB7"/>
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        <balance>2591938.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.44906535"/>
        <valUSD>5938472.11000000</valUSD>
        <pctVal>0.093799826997</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="2844177.54000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Aalberts NV</name>
        <lei>549300EMP9DT6Q35HZ31</lei>
        <title>Aalberts NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000852564"/>
        </identifiers>
        <balance>736340.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>24148244.70000000</valUSD>
        <pctVal>0.381428275353</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>Sage Group plc (The)</name>
        <lei>2138005RN5XYLTF8G138</lei>
        <title>Sage Group plc (The)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B8C3BL03"/>
        </identifiers>
        <balance>806526.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>6713743.30000000</valUSD>
        <pctVal>0.106045452160</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>Cia de Saneamento Basico do Estado de Sao Paulo</name>
        <lei>254900UOXRZRS2TNWP19</lei>
        <title>Cia de Saneamento Basico do Estado de Sao Paulo</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRSBSPACNOR5"/>
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        <balance>485700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.43810000"/>
        <valUSD>5153434.10000000</valUSD>
        <pctVal>0.081399932182</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bancolombia SA</name>
        <lei>54930052NWJRPNMP1W58</lei>
        <title>Bancolombia SA</title>
        <cusip>05968L102</cusip>
        <identifiers>
          <isin value="US05968L1026"/>
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        <balance>188347.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4955409.57000000</valUSD>
        <pctVal>0.078272079376</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BML, Inc.</name>
        <lei>N/A</lei>
        <title>BML, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3799700004"/>
        </identifiers>
        <balance>452600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>11829931.46000000</valUSD>
        <pctVal>0.186857074308</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shimamura Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Shimamura Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3358200008"/>
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        <balance>52800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>3569715.21000000</valUSD>
        <pctVal>0.056384649607</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Alten SA</name>
        <lei>969500Y7G9TY7Y24GN07</lei>
        <title>Alten SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000071946"/>
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        <balance>292238.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>25133615.22000000</valUSD>
        <pctVal>0.396992478164</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SK Kaken Co. Ltd.</name>
        <lei>N/A</lei>
        <title>SK Kaken Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3162650000"/>
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        <balance>77800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>26695901.83000000</valUSD>
        <pctVal>0.421669231885</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PZ Cussons plc</name>
        <lei>XB3CXKKKED7OMV80FY35</lei>
        <title>PZ Cussons plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B19Z1432"/>
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        <balance>364404.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>834432.98000000</valUSD>
        <pctVal>0.013180102173</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>
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      </invstOrSec>
      <invstOrSec>
        <name>GEA Group AG</name>
        <lei>549300PHUU0ZZWO8EO07</lei>
        <title>GEA Group AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006602006"/>
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        <balance>1616755.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>51132342.80000000</valUSD>
        <pctVal>0.807649647884</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nakanishi, Inc.</name>
        <lei>353800EXA7IQ42YKF224</lei>
        <title>Nakanishi, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3642500007"/>
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        <balance>2379400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>30983435.05000000</valUSD>
        <pctVal>0.489392017617</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Temenos AG</name>
        <lei>5067007NW6550481FH64</lei>
        <title>Temenos AG (Registered)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0012453913"/>
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        <balance>102669.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.94745000"/>
        <valUSD>15945689.32000000</valUSD>
        <pctVal>0.251866620212</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Spencer's Retail Ltd.</name>
        <lei>33580084YSUPKSW9T710</lei>
        <title>Spencer's Retail Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE020801028"/>
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        <balance>723473.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="75.50375000"/>
        <valUSD>842741.03000000</valUSD>
        <pctVal>0.013311330145</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sonova Holding AG</name>
        <lei>5299004A0QNX7FBNHS61</lei>
        <title>Sonova Holding AG (Registered)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0012549785"/>
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        <balance>136310.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.94745000"/>
        <valUSD>27213084.07000000</valUSD>
        <pctVal>0.429838269937</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>Universal Robina Corp.</name>
        <lei>N/A</lei>
        <title>Universal Robina Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PHY9297P1004"/>
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        <balance>8661400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="49.82500000"/>
        <valUSD>22598735.57000000</valUSD>
        <pctVal>0.356953345500</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bharat Heavy Electricals Ltd.</name>
        <lei>3358007X5FQ2R445Z747</lei>
        <title>Bharat Heavy Electricals Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE257A01026"/>
        </identifiers>
        <balance>14453222.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.50375000"/>
        <valUSD>6885715.48000000</valUSD>
        <pctVal>0.108761800815</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hargreaves Lansdown plc</name>
        <lei>2138008ZCE93ZDSESG90</lei>
        <title>Hargreaves Lansdown plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1VZ0M25"/>
        </identifiers>
        <balance>770285.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>15543383.56000000</valUSD>
        <pctVal>0.245512088274</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>Odontoprev SA</name>
        <lei>N/A</lei>
        <title>Odontoprev SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRODPVACNOR4"/>
        </identifiers>
        <balance>2852900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.43810000"/>
        <valUSD>7465248.34000000</valUSD>
        <pctVal>0.117915684340</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eurofins Scientific SE</name>
        <lei>529900JEHFM47DYY3S57</lei>
        <title>Eurofins Scientific SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000038259"/>
        </identifiers>
        <balance>3712.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>2329603.33000000</valUSD>
        <pctVal>0.036796735806</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Karnov Group AB</name>
        <lei>549300P7312749LJS754</lei>
        <title>Karnov Group AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0012323715"/>
        </identifiers>
        <balance>1201680.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.31820000"/>
        <valUSD>7157309.35000000</valUSD>
        <pctVal>0.113051701912</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>Midland Holdings Ltd.</name>
        <lei>5493007HC5HKY6RXSQ87</lei>
        <title>Midland Holdings Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG4491W1001"/>
        </identifiers>
        <balance>43113000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75050000"/>
        <valUSD>4450087.09000000</valUSD>
        <pctVal>0.070290369548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Britvic plc</name>
        <lei>635400L3NVMYD4BVCI53</lei>
        <title>Britvic plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B0N8QD54"/>
        </identifiers>
        <balance>655513.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>6254295.46000000</valUSD>
        <pctVal>0.098788345094</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>IPH Ltd.</name>
        <lei>529900KRTADQ17ANK140</lei>
        <title>IPH Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000IPH9"/>
        </identifiers>
        <balance>6889186.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.44906535"/>
        <valUSD>35466535.42000000</valUSD>
        <pctVal>0.560203841152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lock&amp;Lock Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Lock&amp;Lock Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7115390007"/>
        </identifiers>
        <balance>1083923.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1202.85000000"/>
        <valUSD>10195428.13000000</valUSD>
        <pctVal>0.161039637308</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Carlsberg A/S</name>
        <lei>5299001O0WJQYB5GYZ19</lei>
        <title>Carlsberg A/S, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0010181759"/>
        </identifiers>
        <balance>132479.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.63250000"/>
        <valUSD>17509399.38000000</valUSD>
        <pctVal>0.276565857724</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>Kato Sangyo Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Kato Sangyo Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3213300001"/>
        </identifiers>
        <balance>342200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>11187460.06000000</valUSD>
        <pctVal>0.176709058951</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASM Pacific Technology Ltd.</name>
        <lei>529900PYFA1HFYKPT360</lei>
        <title>ASM Pacific Technology Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG0535Q1331"/>
        </identifiers>
        <balance>2183400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75050000"/>
        <valUSD>23076658.99000000</valUSD>
        <pctVal>0.364502279516</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hapvida Participacoes e Investimentos SA</name>
        <lei>N/A</lei>
        <title>Hapvida Participacoes e Investimentos SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRHAPVACNOR4"/>
        </identifiers>
        <balance>774900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.43810000"/>
        <valUSD>8858890.61000000</valUSD>
        <pctVal>0.139928653568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEB SA</name>
        <lei>969500WP61NBK098AC47</lei>
        <title>SEB SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000121709"/>
        </identifiers>
        <balance>154260.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>25494064.47000000</valUSD>
        <pctVal>0.402685874826</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>Kardex Holding AG</name>
        <lei>529900JKKMQ07D6QZ480</lei>
        <title>Kardex Holding AG (Registered)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0100837282"/>
        </identifiers>
        <balance>110015.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.94745000"/>
        <valUSD>20065008.18000000</valUSD>
        <pctVal>0.316932413106</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>Tripod Technology Corp.</name>
        <lei>N/A</lei>
        <title>Tripod Technology Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0003044004"/>
        </identifiers>
        <balance>6208000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.50450000"/>
        <valUSD>27487118.12000000</valUSD>
        <pctVal>0.434166714359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shangri-La Asia Ltd.</name>
        <lei>529900FVJ8C1OTM8OL03</lei>
        <title>Shangri-La Asia Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG8063F1068"/>
        </identifiers>
        <balance>29944000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75050000"/>
        <valUSD>25844077.02000000</valUSD>
        <pctVal>0.408214420895</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Suzano SA</name>
        <lei>391200AW174YQSDMGG41</lei>
        <title>Suzano SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRSUZBACNOR0"/>
        </identifiers>
        <balance>1227100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.43810000"/>
        <valUSD>8301614.35000000</valUSD>
        <pctVal>0.131126319262</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nihon Parkerizing Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Nihon Parkerizing Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3744600002"/>
        </identifiers>
        <balance>1049600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>10508150.96000000</valUSD>
        <pctVal>0.165979181825</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nihon Kohden Corp.</name>
        <lei>N/A</lei>
        <title>Nihon Kohden Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3706800004"/>
        </identifiers>
        <balance>521600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>17511460.99000000</valUSD>
        <pctVal>0.276598421430</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Heian Ceremony Service Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Heian Ceremony Service Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3834050001"/>
        </identifiers>
        <balance>363967.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>2858476.65000000</valUSD>
        <pctVal>0.045150437735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Genomma Lab Internacional SAB de CV</name>
        <lei>N/A</lei>
        <title>Genomma Lab Internacional SAB de CV, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MX01LA010006"/>
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        <balance>8507862.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="22.98450000"/>
        <valUSD>8687572.98000000</valUSD>
        <pctVal>0.137222643713</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="843272.36000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kintetsu World Express, Inc.</name>
        <lei>N/A</lei>
        <title>Kintetsu World Express, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3262900008"/>
        </identifiers>
        <balance>277200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>4782807.13000000</valUSD>
        <pctVal>0.075545775587</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sonic Healthcare Ltd.</name>
        <lei>549300NQQ5L2NONWR862</lei>
        <title>Sonic Healthcare Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SHL7"/>
        </identifiers>
        <balance>484031.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.44906535"/>
        <valUSD>10218408.64000000</valUSD>
        <pctVal>0.161402620887</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>Santen Pharmaceutical Co. Ltd.</name>
        <lei>529900TPT3I7C17MIM03</lei>
        <title>Santen Pharmaceutical Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3336000009"/>
        </identifiers>
        <balance>2042300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>37507579.53000000</valUSD>
        <pctVal>0.592442703415</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ridley Corp. Ltd.</name>
        <lei>549300UQM21UZW8DVW82</lei>
        <title>Ridley Corp. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000RIC6"/>
        </identifiers>
        <balance>21241987.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.44906535"/>
        <valUSD>10627844.07000000</valUSD>
        <pctVal>0.167869767956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fukui Computer Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Fukui Computer Holdings, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3803800006"/>
        </identifiers>
        <balance>205100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>5235009.79000000</valUSD>
        <pctVal>0.082688443009</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Somfy SA</name>
        <lei>969500D830K8WFLKFS83</lei>
        <title>Somfy SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013199916"/>
        </identifiers>
        <balance>110711.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>11169666.08000000</valUSD>
        <pctVal>0.176427998063</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>Fuji Soft, Inc.</name>
        <lei>N/A</lei>
        <title>Fuji Soft, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3816600005"/>
        </identifiers>
        <balance>339500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>13410210.70000000</valUSD>
        <pctVal>0.211818026650</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CANCOM SE</name>
        <lei>391200T4AUN1BPBXAO14</lei>
        <title>CANCOM SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005419105"/>
        </identifiers>
        <balance>421440.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>22348626.21000000</valUSD>
        <pctVal>0.353002798244</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>Demae-Can Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Demae-Can Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3952870008"/>
        </identifiers>
        <balance>1061500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>15527374.73000000</valUSD>
        <pctVal>0.245259224329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="7269183.22000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lion Corp.</name>
        <lei>529900MPGS2GM7VPG855</lei>
        <title>Lion Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3965400009"/>
        </identifiers>
        <balance>1082500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>25935887.94000000</valUSD>
        <pctVal>0.409664600041</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SCSK Corp.</name>
        <lei>529900SNGFXMSUBB7864</lei>
        <title>SCSK Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3400400002"/>
        </identifiers>
        <balance>335600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>16286584.86000000</valUSD>
        <pctVal>0.257251160559</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Venture Corp. Ltd.</name>
        <lei>254900B1NLZC3J1MAE72</lei>
        <title>Venture Corp. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG0531000230"/>
        </identifiers>
        <balance>2727700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.39360000"/>
        <valUSD>31669192.02000000</valUSD>
        <pctVal>0.500223740652</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arca Continental SAB de CV</name>
        <lei>254900U2BSJCQHJCXN24</lei>
        <title>Arca Continental SAB de CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MX01AC100006"/>
        </identifiers>
        <balance>930384.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="22.98450000"/>
        <valUSD>4078234.81000000</valUSD>
        <pctVal>0.064416858839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ramsay Health Care Ltd.</name>
        <lei>549300QBX122KF2JPI10</lei>
        <title>Ramsay Health Care Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000RHC8"/>
        </identifiers>
        <balance>357306.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.44906535"/>
        <valUSD>16469526.35000000</valUSD>
        <pctVal>0.260140772532</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KH Neochem Co. Ltd.</name>
        <lei>N/A</lei>
        <title>KH Neochem Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3277040006"/>
        </identifiers>
        <balance>300900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>5671048.85000000</valUSD>
        <pctVal>0.089575801851</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Viscofan SA</name>
        <lei>95980020140005684765</lei>
        <title>Viscofan SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0184262212"/>
        </identifiers>
        <balance>391044.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>25525534.15000000</valUSD>
        <pctVal>0.403182947219</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>Toshiba TEC Corp.</name>
        <lei>529900BU7UO2N2ITYD43</lei>
        <title>Toshiba TEC Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3594000006"/>
        </identifiers>
        <balance>209700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>8001518.87000000</valUSD>
        <pctVal>0.126386227268</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coats Group plc</name>
        <lei>2138003SPYWGAITNFY17</lei>
        <title>Coats Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B4YZN328"/>
        </identifiers>
        <balance>6528849.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>4530342.24000000</valUSD>
        <pctVal>0.071558022077</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>Cafe de Coral Holdings Ltd.</name>
        <lei>N/A</lei>
        <title>Cafe de Coral Holdings Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG1744V1037"/>
        </identifiers>
        <balance>16092000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75050000"/>
        <valUSD>33451631.44000000</valUSD>
        <pctVal>0.528377869548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Omron Corp.</name>
        <lei>549300ZHW0TR2QZ0NY83</lei>
        <title>Omron Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3197800000"/>
        </identifiers>
        <balance>208121.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>13916495.67000000</valUSD>
        <pctVal>0.219814939276</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AVI Ltd.</name>
        <lei>378900C2D68805FAAF75</lei>
        <title>AVI Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000049433"/>
        </identifiers>
        <balance>4871301.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.35250000"/>
        <valUSD>19802424.58000000</valUSD>
        <pctVal>0.312784831742</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fuchs Petrolub SE</name>
        <lei>529900SNF9E1P5ZO4P98</lei>
        <title>Fuchs Petrolub SE (Preference)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005790430"/>
        </identifiers>
        <balance>226635.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>9100276.93000000</valUSD>
        <pctVal>0.143741417969</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>Shenguan Holdings Group Ltd.</name>
        <lei>529900H8DXY6LFTU6M72</lei>
        <title>Shenguan Holdings Group Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG8116M1087"/>
        </identifiers>
        <balance>13203505.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75050000"/>
        <valUSD>488867.84000000</valUSD>
        <pctVal>0.007721804189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seino Holdings Co. Ltd.</name>
        <lei>3538001D12EPCPYTTF24</lei>
        <title>Seino Holdings Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3415400005"/>
        </identifiers>
        <balance>3715600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>48520453.81000000</valUSD>
        <pctVal>0.766394131169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Scout24 AG</name>
        <lei>5493007EIKM2ENQS7U66</lei>
        <title>Scout24 AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A12DM80"/>
        </identifiers>
        <balance>507679.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>39384556.75000000</valUSD>
        <pctVal>0.622090083289</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>Essentra plc</name>
        <lei>5493007MOZNA03BVNE96</lei>
        <title>Essentra plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B0744359"/>
        </identifiers>
        <balance>7538373.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>27283546.37000000</valUSD>
        <pctVal>0.430951241662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Enav SpA</name>
        <lei>81560048ECF8D2059980</lei>
        <title>Enav SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005176406"/>
        </identifiers>
        <balance>4662291.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>21015192.91000000</valUSD>
        <pctVal>0.331940846528</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>ASM International NV</name>
        <lei>7245001I22ND6ZFHX623</lei>
        <title>ASM International NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000334118"/>
        </identifiers>
        <balance>165773.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>25618132.74000000</valUSD>
        <pctVal>0.404645567832</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>S Foods, Inc.</name>
        <lei>N/A</lei>
        <title>S Foods, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3399300007"/>
        </identifiers>
        <balance>841000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>20500226.90000000</valUSD>
        <pctVal>0.323806814448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Proto Corp.</name>
        <lei>N/A</lei>
        <title>Proto Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3833740008"/>
        </identifiers>
        <balance>1137400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>10586589.49000000</valUSD>
        <pctVal>0.167218140333</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Asante, Inc.</name>
        <lei>N/A</lei>
        <title>Asante, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3117350003"/>
        </identifiers>
        <balance>170200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>2307689.74000000</valUSD>
        <pctVal>0.036450604526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United Tractors Tbk. PT</name>
        <lei>529900N9ELYOWQV4FW14</lei>
        <title>United Tractors Tbk. PT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ID1000058407"/>
        </identifiers>
        <balance>23996500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14285.00000000"/>
        <valUSD>27801335.32000000</valUSD>
        <pctVal>0.439129862868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fuji Seal International, Inc.</name>
        <lei>N/A</lei>
        <title>Fuji Seal International, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3813800004"/>
        </identifiers>
        <balance>1662300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>32283798.10000000</valUSD>
        <pctVal>0.509931615491</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Samsung Fire &amp; Marine Insurance Co. Ltd.</name>
        <lei>988400JMBDK47EW0Z936</lei>
        <title>Samsung Fire &amp; Marine Insurance Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7000810002"/>
        </identifiers>
        <balance>200389.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1202.85000000"/>
        <valUSD>29320749.89000000</valUSD>
        <pctVal>0.463129440733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cia Cervecerias Unidas SA</name>
        <lei>529900BJW9B0O6LI2R39</lei>
        <title>Cia Cervecerias Unidas SA</title>
        <cusip>204429104</cusip>
        <identifiers>
          <isin value="US2044291043"/>
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        <balance>435271.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6233080.72000000</valUSD>
        <pctVal>0.098453252346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Orion Corp.</name>
        <lei>N/A</lei>
        <title>Orion Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7271560005"/>
        </identifiers>
        <balance>259439.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1202.85000000"/>
        <valUSD>29120718.85000000</valUSD>
        <pctVal>0.459969894541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lojas Renner SA</name>
        <lei>N/A</lei>
        <title>Lojas Renner SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRLRENACNOR1"/>
        </identifiers>
        <balance>1492010.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.43810000"/>
        <valUSD>11468347.03000000</valUSD>
        <pctVal>0.181145747161</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LISI</name>
        <lei>969500UU4O58BR802Y55</lei>
        <title>LISI</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000050353"/>
        </identifiers>
        <balance>623118.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>12951351.94000000</valUSD>
        <pctVal>0.204570224268</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>LS Electric Co. Ltd.</name>
        <lei>988400AF8KS117D7D072</lei>
        <title>LS Electric Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7010120004"/>
        </identifiers>
        <balance>663084.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1202.85000000"/>
        <valUSD>26677497.74000000</valUSD>
        <pctVal>0.421378534139</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PChome Online, Inc.</name>
        <lei>N/A</lei>
        <title>PChome Online, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0008044009"/>
        </identifiers>
        <balance>2549504.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.50450000"/>
        <valUSD>10251980.34000000</valUSD>
        <pctVal>0.161932895273</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marshalls plc</name>
        <lei>213800S21IFC367J5V62</lei>
        <title>Marshalls plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B012BV22"/>
        </identifiers>
        <balance>879639.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>6714157.87000000</valUSD>
        <pctVal>0.106052000409</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>Breedon Group plc</name>
        <lei>213800ZQKCIVCPN9H229</lei>
        <title>Breedon Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JE00B2419D89"/>
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        <balance>11503353.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>11117967.75000000</valUSD>
        <pctVal>0.175611408489</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kakaku.com, Inc.</name>
        <lei>353800KA15Y0DCPWYY65</lei>
        <title>Kakaku.com, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3206000006"/>
        </identifiers>
        <balance>289200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>7309347.53000000</valUSD>
        <pctVal>0.115453187466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEEK Ltd.</name>
        <lei>549300209NEKXBC8QO27</lei>
        <title>SEEK Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SEK6"/>
        </identifiers>
        <balance>663791.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.44906535"/>
        <valUSD>10074818.30000000</valUSD>
        <pctVal>0.159134571328</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>Verallia SA</name>
        <lei>5299007YZU978DE0ZY32</lei>
        <title>Verallia SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013447729"/>
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        <balance>175016.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>5004245.65000000</valUSD>
        <pctVal>0.079043458911</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>Koito Manufacturing Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Koito Manufacturing Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3284600008"/>
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        <balance>645800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>25957601.30000000</valUSD>
        <pctVal>0.410007568631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Smith &amp; Nephew plc</name>
        <lei>213800ZTMDN8S67S1H61</lei>
        <title>Smith &amp; Nephew plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0009223206"/>
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        <balance>1794613.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>33477878.55000000</valUSD>
        <pctVal>0.528792449988</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>Carel Industries SpA</name>
        <lei>815600115DA6E507AE33</lei>
        <title>Carel Industries SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005331019"/>
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        <balance>203591.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>3737521.57000000</valUSD>
        <pctVal>0.059035197972</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>Galp Energia SGPS SA</name>
        <lei>2138003319Y7NM75FG53</lei>
        <title>Galp Energia SGPS SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTGAL0AM0009"/>
        </identifiers>
        <balance>394349.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>4561211.13000000</valUSD>
        <pctVal>0.072045604823</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federal Bank Ltd.</name>
        <lei>335800J8VWGE2HGWF417</lei>
        <title>Federal Bank Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE171A01029"/>
        </identifiers>
        <balance>13856823.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.50375000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Embassy Office Parks REIT</name>
        <lei>N/A</lei>
        <title>Embassy Office Parks REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE041025011"/>
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        <balance>3371200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.50375000"/>
        <valUSD>15218471.91000000</valUSD>
        <pctVal>0.240380017937</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Flutter Entertainment plc</name>
        <lei>635400EG4YIJLJMZJ782</lei>
        <title>Flutter Entertainment plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BWT6H894"/>
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        <balance>339931.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
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        <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>
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      </invstOrSec>
      <invstOrSec>
        <name>NOS SGPS SA</name>
        <lei>5493004DM8FGIY6QKF37</lei>
        <title>NOS SGPS SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTZON0AM0006"/>
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        <balance>2643538.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
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        <pctVal>0.182207049209</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dabur India Ltd.</name>
        <lei>335800MJPUA2E1FSFL38</lei>
        <title>Dabur India Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE016A01026"/>
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        <balance>1800271.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.50375000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tate &amp; Lyle plc</name>
        <lei>2138008K14474WPKZ244</lei>
        <title>Tate &amp; Lyle plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0008754136"/>
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        <balance>439814.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
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        <pctVal>0.057467069787</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>NS Solutions Corp.</name>
        <lei>N/A</lei>
        <title>NS Solutions Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3379900008"/>
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        <balance>1368700.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hibernia REIT plc</name>
        <lei>635400MHRA4QVVFTON18</lei>
        <title>Hibernia REIT plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BGHQ1986"/>
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        <balance>4300372.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
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        <pctVal>0.085472113673</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Melexis NV</name>
        <lei>549300QRPSGOJRPUFO80</lei>
        <title>Melexis NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0165385973"/>
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        <balance>211416.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>16032996.75000000</valUSD>
        <pctVal>0.253245665474</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Spirax-Sarco Engineering plc</name>
        <lei>213800WFVZQMHOZP2W17</lei>
        <title>Spirax-Sarco Engineering plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BWFGQN14"/>
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        <balance>150910.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
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        <pctVal>0.294651146997</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>Amano Corp.</name>
        <lei>N/A</lei>
        <title>Amano Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3124400007"/>
        </identifiers>
        <balance>246720.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>5111485.44000000</valUSD>
        <pctVal>0.080737341371</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Orica Ltd.</name>
        <lei>N/A</lei>
        <title>Orica Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ORI1"/>
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        <balance>1258415.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.44906535"/>
        <valUSD>14450711.69000000</valUSD>
        <pctVal>0.228253030645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Infrastrutture Wireless Italiane SpA</name>
        <lei>81560066183FE361C071</lei>
        <title>Infrastrutture Wireless Italiane SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005090300"/>
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        <balance>1249006.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
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        <pctVal>0.197710518538</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kansai Paint Co. Ltd.</name>
        <lei>549300ERRV6FTKH9NN70</lei>
        <title>Kansai Paint Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3229400001"/>
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        <balance>1037000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ABC-Mart, Inc.</name>
        <lei>353800AXWW4CMTSJWL33</lei>
        <title>ABC-Mart, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3152740001"/>
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        <balance>192300.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bakkafrost P/F</name>
        <lei>2138007LH7OP4V112978</lei>
        <title>Bakkafrost P/F</title>
        <cusip>N/A</cusip>
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          <isin value="FO0000000179"/>
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        <balance>599801.00000000</balance>
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        <currencyConditional curCd="NOK" exchangeRt="9.62525000"/>
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        <pctVal>0.595986786004</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Yamato Holdings Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Yamato Holdings Co. Ltd.</title>
        <cusip>N/A</cusip>
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          <isin value="JP3940000007"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Meitec Corp.</name>
        <lei>N/A</lei>
        <title>Meitec Corp.</title>
        <cusip>N/A</cusip>
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          <isin value="JP3919200000"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Grupo Financiero Inbursa SAB de CV</name>
        <lei>N/A</lei>
        <title>Grupo Financiero Inbursa SAB de CV, Class O</title>
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        <assetCat>EC</assetCat>
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        <invCountry>MX</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mahindra &amp; Mahindra Ltd.</name>
        <lei>3358003B573EV4KB4Z02</lei>
        <title>Mahindra &amp; Mahindra Ltd.</title>
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        <identifiers>
          <isin value="INE101A01026"/>
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        <assetCat>EC</assetCat>
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        <invCountry>IN</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Genting Bhd.</name>
        <lei>N/A</lei>
        <title>Genting Bhd.</title>
        <cusip>N/A</cusip>
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          <isin value="MYL3182OO002"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
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        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MFS Institutional Money Market Portfolio</name>
        <lei>5L2W638H85N8T1136O07</lei>
        <title>MFS Institutional Money Market Portfolio, Class A</title>
        <cusip>55291X109</cusip>
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          <isin value="US55291X1090"/>
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        <curCd>USD</curCd>
        <valUSD>125233877.35000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kerry Group plc</name>
        <lei>635400TLVVBNXLFHWC59</lei>
        <title>Kerry Group plc, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE0004906560"/>
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        <balance>206732.00000000</balance>
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        <valUSD>25618653.43000000</valUSD>
        <pctVal>0.404653792276</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AEON Financial Service Co. Ltd.</name>
        <lei>35380044PRFENBU7WT74</lei>
        <title>AEON Financial Service Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3131400008"/>
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        <balance>2710200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>29492799.26000000</valUSD>
        <pctVal>0.465847008627</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fujitsu General Ltd.</name>
        <lei>N/A</lei>
        <title>Fujitsu General Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3818400008"/>
        </identifiers>
        <balance>248000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>5069099.33000000</valUSD>
        <pctVal>0.080067840915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MTU Aero Engines AG</name>
        <lei>529900807L67JY81RD65</lei>
        <title>MTU Aero Engines AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A0D9PT0"/>
        </identifiers>
        <balance>105607.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>18289815.08000000</valUSD>
        <pctVal>0.288892741860</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>AUB Group Ltd.</name>
        <lei>N/A</lei>
        <title>AUB Group Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000AUB9"/>
        </identifiers>
        <balance>2453836.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.44906535"/>
        <valUSD>24892865.74000000</valUSD>
        <pctVal>0.393189772829</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Comture Corp.</name>
        <lei>N/A</lei>
        <title>Comture Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3305560009"/>
        </identifiers>
        <balance>667200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>17402030.77000000</valUSD>
        <pctVal>0.274869940515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Straumann Holding AG</name>
        <lei>50670046ML5FVIM60Z37</lei>
        <title>Straumann Holding AG (Registered)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0012280076"/>
        </identifiers>
        <balance>1171.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.94745000"/>
        <valUSD>1006062.59000000</valUSD>
        <pctVal>0.015891039840</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>TAG Immobilien AG</name>
        <lei>529900TAE68USJNXLR59</lei>
        <title>TAG Immobilien AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0008303504"/>
        </identifiers>
        <balance>639688.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>15250590.62000000</valUSD>
        <pctVal>0.240887341940</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>Just Eat Takeaway.com NV</name>
        <lei>724500FVZIBSSQ7SHI95</lei>
        <title>Just Eat Takeaway.com NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0012015705"/>
        </identifiers>
        <balance>89832.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>9396860.44000000</valUSD>
        <pctVal>0.148426037415</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>Cairn Energy plc</name>
        <lei>213800ZJEUQ8ZOC9AL24</lei>
        <title>Cairn Energy plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B74CDH82"/>
        </identifiers>
        <balance>2411454.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>3519902.49000000</valUSD>
        <pctVal>0.055597843770</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>Compass Group plc</name>
        <lei>2138008M6MH9OZ6U2T68</lei>
        <title>Compass Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BD6K4575"/>
        </identifiers>
        <balance>1999520.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>27550970.38000000</valUSD>
        <pctVal>0.435175278655</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>Saab AB</name>
        <lei>549300ZHO4JCQQI13M69</lei>
        <title>Saab AB, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000112385"/>
        </identifiers>
        <balance>676839.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.31820000"/>
        <valUSD>16895189.14000000</valUSD>
        <pctVal>0.266864235289</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>Rotork plc</name>
        <lei>213800AH5RZIHGWRJ718</lei>
        <title>Rotork plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BVFNZH21"/>
        </identifiers>
        <balance>1720822.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>5970357.56000000</valUSD>
        <pctVal>0.094303466593</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>Iriso Electronics Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Iriso Electronics Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3149800009"/>
        </identifiers>
        <balance>218500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>7123130.35000000</valUSD>
        <pctVal>0.112511835053</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Magazine Luiza SA</name>
        <lei>N/A</lei>
        <title>Magazine Luiza SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRMGLUACNOR2"/>
        </identifiers>
        <balance>942400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.43810000"/>
        <valUSD>12416645.52000000</valUSD>
        <pctVal>0.196124386894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>USS Co. Ltd.</name>
        <lei>5299000RRQD6UZXG4W72</lei>
        <title>USS Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3944130008"/>
        </identifiers>
        <balance>2280200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>36386057.88000000</valUSD>
        <pctVal>0.574727955447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gerresheimer AG</name>
        <lei>5299006GD4UWSYZOKC28</lei>
        <title>Gerresheimer AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A0LD6E6"/>
        </identifiers>
        <balance>476986.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>43996878.92000000</valUSD>
        <pctVal>0.694943001277</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>JGC Holdings Corp.</name>
        <lei>5493003WMGG79YLARU68</lei>
        <title>JGC Holdings Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3667600005"/>
        </identifiers>
        <balance>257000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>2699124.80000000</valUSD>
        <pctVal>0.042633430720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Intertek Group plc</name>
        <lei>2138003GAT25WW1RN369</lei>
        <title>Intertek Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0031638363"/>
        </identifiers>
        <balance>518001.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>34916914.38000000</valUSD>
        <pctVal>0.551522423186</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>Oil Search Ltd.</name>
        <lei>529900NIUGGGKB5VMO41</lei>
        <title>Oil Search Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PG0008579883"/>
        </identifiers>
        <balance>6729806.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.44906535"/>
        <valUSD>14722238.04000000</valUSD>
        <pctVal>0.232541865245</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRF SA</name>
        <lei>254900MTXR9LUVQFU480</lei>
        <title>BRF SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRBRFSACNOR8"/>
        </identifiers>
        <balance>759900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.43810000"/>
        <valUSD>2970793.84000000</valUSD>
        <pctVal>0.046924519148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ezaki Glico Co. Ltd.</name>
        <lei>3538001RG4BHKDFV6G61</lei>
        <title>Ezaki Glico Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3161200005"/>
        </identifiers>
        <balance>454000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>21690491.53000000</valUSD>
        <pctVal>0.342607377001</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japan Exchange Group, Inc.</name>
        <lei>353800578ADEGIJTVW07</lei>
        <title>Japan Exchange Group, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3183200009"/>
        </identifiers>
        <balance>145300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>3353439.22000000</valUSD>
        <pctVal>0.052968509888</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cembre SpA</name>
        <lei>8156008BFBC06F53DD56</lei>
        <title>Cembre SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0001128047"/>
        </identifiers>
        <balance>542000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>10387715.70000000</valUSD>
        <pctVal>0.164076873227</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nitto Denko Corp.</name>
        <lei>3538009GX5P09USH2J25</lei>
        <title>Nitto Denko Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3684000007"/>
        </identifiers>
        <balance>144400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>8157814.31000000</valUSD>
        <pctVal>0.128854957433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daito Pharmaceutical Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Daito Pharmaceutical Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3486150000"/>
        </identifiers>
        <balance>231300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>8590229.64000000</valUSD>
        <pctVal>0.135685078446</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hypera SA</name>
        <lei>N/A</lei>
        <title>Hypera SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRHYPEACNOR0"/>
        </identifiers>
        <balance>1704475.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.43810000"/>
        <valUSD>10437288.30000000</valUSD>
        <pctVal>0.164859886302</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dollarama, Inc.</name>
        <lei>5493002GJ0NJP1HI0C79</lei>
        <title>Dollarama, Inc.</title>
        <cusip>25675T107</cusip>
        <identifiers>
          <isin value="CA25675T1075"/>
        </identifiers>
        <balance>945218.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35760000"/>
        <valUSD>31442284.09000000</valUSD>
        <pctVal>0.496639666469</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>Taisei Lamick Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Taisei Lamick Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3444900009"/>
        </identifiers>
        <balance>219800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>5653868.83000000</valUSD>
        <pctVal>0.089304438632</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Stanley Electric Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Stanley Electric Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3399400005"/>
        </identifiers>
        <balance>871131.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>20936188.42000000</valUSD>
        <pctVal>0.330692948523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sundrug Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Sundrug Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3336600006"/>
        </identifiers>
        <balance>1136000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>37559805.51000000</valUSD>
        <pctVal>0.593267627369</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CESC Ltd.</name>
        <lei>3358009RW8LFOENISG12</lei>
        <title>CESC Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE486A01013"/>
        </identifiers>
        <balance>3095481.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.50375000"/>
        <valUSD>25500576.89000000</valUSD>
        <pctVal>0.402788740320</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Resources Beer Holdings Co. Ltd.</name>
        <lei>N/A</lei>
        <title>China Resources Beer Holdings Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0291001490"/>
        </identifiers>
        <balance>1800000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75050000"/>
        <valUSD>10032901.10000000</valUSD>
        <pctVal>0.158472477437</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Credicorp Ltd.</name>
        <lei>529900UYAEYQCQ2BKB17</lei>
        <title>Credicorp Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG2519Y1084"/>
        </identifiers>
        <balance>48640.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6501708.80000000</valUSD>
        <pctVal>0.102696307961</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rumo SA</name>
        <lei>N/A</lei>
        <title>Rumo SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRRAILACNOR9"/>
        </identifiers>
        <balance>2324700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.43810000"/>
        <valUSD>9614112.10000000</valUSD>
        <pctVal>0.151857588115</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tabcorp Holdings Ltd.</name>
        <lei>213800OCCFUN67NEY278</lei>
        <title>Tabcorp Holdings Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000TAH8"/>
        </identifiers>
        <balance>5286648.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.44906535"/>
        <valUSD>12331307.38000000</valUSD>
        <pctVal>0.194776447118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jeol Ltd.</name>
        <lei>N/A</lei>
        <title>Jeol Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3735000006"/>
        </identifiers>
        <balance>279000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>7718203.29000000</valUSD>
        <pctVal>0.121911178485</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tata Consumer Products Ltd.</name>
        <lei>335800LOXFWU8ZQJMD12</lei>
        <title>Tata Consumer Products Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE192A01025"/>
        </identifiers>
        <balance>5097874.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.50375000"/>
        <valUSD>26159909.69000000</valUSD>
        <pctVal>0.413203086204</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LEG Immobilien AG</name>
        <lei>391200SO40AKONBO0Z96</lei>
        <title>LEG Immobilien AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000LEG1110"/>
        </identifiers>
        <balance>970904.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>123261603.66000000</valUSD>
        <pctVal>1.946951485933</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>Sodexo SA</name>
        <lei>969500LCBOG12HXPYM84</lei>
        <title>Sodexo SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000121220"/>
        </identifiers>
        <balance>58068.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>3927411.79000000</valUSD>
        <pctVal>0.062034567078</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>4imprint Group plc</name>
        <lei>213800G95T751RN2CT94</lei>
        <title>4imprint Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0006640972"/>
        </identifiers>
        <balance>185750.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>5673513.68000000</valUSD>
        <pctVal>0.089614734530</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>Anima Holding SA</name>
        <lei>N/A</lei>
        <title>Anima Holding SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRANIMACNOR6"/>
        </identifiers>
        <balance>2733658.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.43810000"/>
        <valUSD>12351000.73000000</valUSD>
        <pctVal>0.195087509086</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Kyoto Ltd. (The)</name>
        <lei>549300LRPVT8N6FNFC04</lei>
        <title>Bank of Kyoto Ltd. (The)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3251200006"/>
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        <balance>193400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>6842213.48000000</valUSD>
        <pctVal>0.108074674565</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daiseki Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Daiseki Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3485600005"/>
        </identifiers>
        <balance>1127500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>29969205.83000000</valUSD>
        <pctVal>0.473371983573</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Techtronic Industries Co. Ltd.</name>
        <lei>549300HZW2SBE758OK89</lei>
        <title>Techtronic Industries Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0669013440"/>
        </identifiers>
        <balance>3969000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75050000"/>
        <valUSD>38816876.33000000</valUSD>
        <pctVal>0.613123412368</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OBIC Business Consultants Co. Ltd.</name>
        <lei>N/A</lei>
        <title>OBIC Business Consultants Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3173500004"/>
        </identifiers>
        <balance>91900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>4876934.48000000</valUSD>
        <pctVal>0.077032543393</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SIG Combibloc Group AG</name>
        <lei>5493004Z6P7TSVB1L042</lei>
        <title>SIG Combibloc Group AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0435377954"/>
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        <balance>2237340.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.94745000"/>
        <valUSD>36200772.81000000</valUSD>
        <pctVal>0.571801325973</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>Matsumotokiyoshi Holdings Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Matsumotokiyoshi Holdings Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3869010003"/>
        </identifiers>
        <balance>90800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>3292262.10000000</valUSD>
        <pctVal>0.052002200177</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Doosan Bobcat, Inc.</name>
        <lei>N/A</lei>
        <title>Doosan Bobcat, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7241560002"/>
        </identifiers>
        <balance>576446.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1202.85000000"/>
        <valUSD>12778857.64000000</valUSD>
        <pctVal>0.201845628581</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Midland IC&amp;I Ltd.</name>
        <lei>N/A</lei>
        <title>Midland IC&amp;I Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG6103P1182"/>
        </identifiers>
        <balance>21556500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75050000"/>
        <valUSD>261442.62000000</valUSD>
        <pctVal>0.004129559265</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rakuten, Inc.</name>
        <lei>529900IMXUCQKUL1H943</lei>
        <title>Rakuten, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3967200001"/>
        </identifiers>
        <balance>119300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>1047431.35000000</valUSD>
        <pctVal>0.016544470968</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Literature Ltd.</name>
        <lei>529900YXWIZUFHMK8W28</lei>
        <title>China Literature Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG2121R1039"/>
        </identifiers>
        <balance>1547400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75050000"/>
        <valUSD>10421815.37000000</valUSD>
        <pctVal>0.164615487047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VTech Holdings Ltd.</name>
        <lei>N/A</lei>
        <title>VTech Holdings Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG9400S1329"/>
        </identifiers>
        <balance>3825465.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75050000"/>
        <valUSD>22975988.10000000</valUSD>
        <pctVal>0.362912154668</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DCC plc</name>
        <lei>213800UPS1QEE4TD3T45</lei>
        <title>DCC plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE0002424939"/>
        </identifiers>
        <balance>419603.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>34991294.46000000</valUSD>
        <pctVal>0.552697277341</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>Indocement Tunggal Prakarsa Tbk. PT</name>
        <lei>529900U7IH8JW3FMGM30</lei>
        <title>Indocement Tunggal Prakarsa Tbk. PT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ID1000061302"/>
        </identifiers>
        <balance>20153800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14285.00000000"/>
        <valUSD>16647871.19000000</valUSD>
        <pctVal>0.262957779134</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seria Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Seria Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3423520000"/>
        </identifiers>
        <balance>183200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>6506802.50000000</valUSD>
        <pctVal>0.102776764376</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Swedish Match AB</name>
        <lei>529900YVXCGNWAUYZG78</lei>
        <title>Swedish Match AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000310336"/>
        </identifiers>
        <balance>586372.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.31820000"/>
        <valUSD>41217580.65000000</valUSD>
        <pctVal>0.651043208187</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>Doshisha Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Doshisha Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3638000004"/>
        </identifiers>
        <balance>141800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>2141938.41000000</valUSD>
        <pctVal>0.033832515936</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Symrise AG</name>
        <lei>529900D82I6R9601CF26</lei>
        <title>Symrise AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000SYM9999"/>
        </identifiers>
        <balance>961823.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>111842943.35000000</valUSD>
        <pctVal>1.766590554404</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>Kawai Musical Instruments Manufacturing Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Kawai Musical Instruments Manufacturing Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3221400009"/>
        </identifiers>
        <balance>119800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>3082235.70000000</valUSD>
        <pctVal>0.048684774479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Milbon Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Milbon Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3910650005"/>
        </identifiers>
        <balance>67992.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>3236664.78000000</valUSD>
        <pctVal>0.051124024966</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shimadzu Corp.</name>
        <lei>N/A</lei>
        <title>Shimadzu Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3357200009"/>
        </identifiers>
        <balance>624700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>16593096.55000000</valUSD>
        <pctVal>0.262092598384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nomura Research Institute Ltd.</name>
        <lei>5299005F1HCVF4M4QN79</lei>
        <title>Nomura Research Institute Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3762800005"/>
        </identifiers>
        <balance>2417100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>65953933.09000000</valUSD>
        <pctVal>1.041760809691</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bingo Industries Ltd.</name>
        <lei>N/A</lei>
        <title>Bingo Industries Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000BIN7"/>
        </identifiers>
        <balance>4918421.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.44906535"/>
        <valUSD>7329752.80000000</valUSD>
        <pctVal>0.115775494409</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>Aeon Delight Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Aeon Delight Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3389700000"/>
        </identifiers>
        <balance>295700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>8193881.92000000</valUSD>
        <pctVal>0.129424655415</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Deutsche Wohnen SE</name>
        <lei>529900QE24Q67I3FWZ10</lei>
        <title>Deutsche Wohnen SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A0HN5C6"/>
        </identifiers>
        <balance>382608.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>17172910.64000000</valUSD>
        <pctVal>0.271250924015</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>Croda International plc</name>
        <lei>2138004WCNBFJEEOXV26</lei>
        <title>Croda International plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BJFFLV09"/>
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        <balance>1607039.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>104661783.98000000</valUSD>
        <pctVal>1.653162134758</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>Just Eat Takeaway.com NV</name>
        <lei>724500FVZIBSSQ7SHI95</lei>
        <title>Just Eat Takeaway.com NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0012015705"/>
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        <balance>1010532.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>105313462.20000000</valUSD>
        <pctVal>1.663455574411</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>IMCD NV</name>
        <lei>724500NSJPNFJPDAUP02</lei>
        <title>IMCD NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0010801007"/>
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        <balance>278172.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>26152196.12000000</valUSD>
        <pctVal>0.413081248210</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>Kobayashi Pharmaceutical Co. Ltd.</name>
        <lei>529900WBSL04KD6TKP95</lei>
        <title>Kobayashi Pharmaceutical Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3301100008"/>
        </identifiers>
        <balance>273600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>24021560.55000000</valUSD>
        <pctVal>0.379427263791</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Meggitt plc</name>
        <lei>YMFO3TKB4UAWQTDZJJ31</lei>
        <title>Meggitt plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0005758098"/>
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        <balance>873322.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>3184718.30000000</valUSD>
        <pctVal>0.050303515793</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>Burberry Group plc</name>
        <lei>213800PE1KEFCNFR1R50</lei>
        <title>Burberry Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0031743007"/>
        </identifiers>
        <balance>574654.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>11389300.16000000</valUSD>
        <pctVal>0.179897179752</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>Terumo Corp.</name>
        <lei>353800JX1R4582QVK932</lei>
        <title>Terumo Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3546800008"/>
        </identifiers>
        <balance>733200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>27711870.34000000</valUSD>
        <pctVal>0.437716738501</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Haitian International Holdings Ltd.</name>
        <lei>30030093DDRS825TVP62</lei>
        <title>Haitian International Holdings Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG4232C1087"/>
        </identifiers>
        <balance>13384000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75050000"/>
        <valUSD>27180718.66000000</valUSD>
        <pctVal>0.429327049239</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Valmet OYJ</name>
        <lei>213800D9O7FUQDH83V62</lei>
        <title>Valmet OYJ</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000074984"/>
        </identifiers>
        <balance>516500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>13480084.53000000</valUSD>
        <pctVal>0.212921703327</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>Halma plc</name>
        <lei>2138007FRGLUR9KGBT40</lei>
        <title>Halma plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0004052071"/>
        </identifiers>
        <balance>875550.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>24985109.12000000</valUSD>
        <pctVal>0.394646782801</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>Shima Seiki Manufacturing Ltd.</name>
        <lei>3538003VF74W7607DA80</lei>
        <title>Shima Seiki Manufacturing Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3356500003"/>
        </identifiers>
        <balance>191900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>2729876.36000000</valUSD>
        <pctVal>0.043119160206</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Electrocomponents plc</name>
        <lei>549300KVXDURRKVW7R37</lei>
        <title>Electrocomponents plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0003096442"/>
        </identifiers>
        <balance>4785553.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>39788815.51000000</valUSD>
        <pctVal>0.628475463408</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>Ansell Ltd.</name>
        <lei>549300NEGJ5G23VCJM45</lei>
        <title>Ansell Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ANN9"/>
        </identifiers>
        <balance>1061273.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.44906535"/>
        <valUSD>26878511.10000000</valUSD>
        <pctVal>0.424553596350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Silicon Motion Technology Corp.</name>
        <lei>5299005RBVBZQJTYFC89</lei>
        <title>Silicon Motion Technology Corp.</title>
        <cusip>82706C108</cusip>
        <identifiers>
          <isin value="US82706C1080"/>
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        <balance>488986.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>23847847.22000000</valUSD>
        <pctVal>0.376683413184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Air Water, Inc.</name>
        <lei>N/A</lei>
        <title>Air Water, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3160670000"/>
        </identifiers>
        <balance>783300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>11034029.17000000</valUSD>
        <pctVal>0.174285575154</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ariake Japan Co. Ltd.</name>
        <lei>353800PBX8D0J0H60M72</lei>
        <title>Ariake Japan Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3125800007"/>
        </identifiers>
        <balance>143600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>9132049.69000000</valUSD>
        <pctVal>0.144243277595</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Italgas SpA</name>
        <lei>815600F25FF44EF1FA76</lei>
        <title>Italgas SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005211237"/>
        </identifiers>
        <balance>5939723.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>34500851.60000000</valUSD>
        <pctVal>0.544950595271</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>Agnico Eagle Mines Ltd.</name>
        <lei>YGE0EUBRF7IJOB3QRX76</lei>
        <title>Agnico Eagle Mines Ltd.</title>
        <cusip>008474108</cusip>
        <identifiers>
          <isin value="CA0084741085"/>
        </identifiers>
        <balance>620986.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35760000"/>
        <valUSD>39763047.27000000</valUSD>
        <pctVal>0.628068446854</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>Euronext NV</name>
        <lei>724500QJ4QSZ3H9QU415</lei>
        <title>Euronext NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0006294274"/>
        </identifiers>
        <balance>122615.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>12294897.35000000</valUSD>
        <pctVal>0.194201340516</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>SG Holdings Co. Ltd.</name>
        <lei>N/A</lei>
        <title>SG Holdings Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3162770006"/>
        </identifiers>
        <balance>1907900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>62197805.05000000</valUSD>
        <pctVal>0.982431717324</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Howden Joinery Group plc</name>
        <lei>213800KC1LJOJTY3JP45</lei>
        <title>Howden Joinery Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0005576813"/>
        </identifiers>
        <balance>2611233.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>17886279.79000000</valUSD>
        <pctVal>0.282518789152</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>Suzuken Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Suzuken Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3398000004"/>
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        <balance>339200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>12628701.09000000</valUSD>
        <pctVal>0.199473863900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cranswick plc</name>
        <lei>549300LDZLPU51XOSK43</lei>
        <title>Cranswick plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0002318888"/>
        </identifiers>
        <balance>211277.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>9471682.77000000</valUSD>
        <pctVal>0.149607877033</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>DKSH Holding AG</name>
        <lei>549300HUUUNHO6FJUS42</lei>
        <title>DKSH Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0126673539"/>
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        <balance>45850.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.94745000"/>
        <valUSD>2942297.75000000</valUSD>
        <pctVal>0.046474415441</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>Thule Group AB</name>
        <lei>549300XHHOGBOERKU333</lei>
        <title>Thule Group AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0006422390"/>
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        <balance>864182.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.31820000"/>
        <valUSD>21812754.22000000</valUSD>
        <pctVal>0.344538550367</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>Abcam plc</name>
        <lei>213800B9N83DSNT33F79</lei>
        <title>Abcam plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B6774699"/>
        </identifiers>
        <balance>495341.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>8181647.91000000</valUSD>
        <pctVal>0.129231415808</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>ASX Ltd.</name>
        <lei>N/A</lei>
        <title>ASX Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ASX7"/>
        </identifiers>
        <balance>329604.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.44906535"/>
        <valUSD>19420510.97000000</valUSD>
        <pctVal>0.306752399513</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Big Yellow Group plc</name>
        <lei>213800W7Q4V2ZI8LIW31</lei>
        <title>Big Yellow Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0002869419"/>
        </identifiers>
        <balance>1051241.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>13078031.03000000</valUSD>
        <pctVal>0.206571155906</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>Admiral Group plc</name>
        <lei>213800FGVM7Z9EJB2685</lei>
        <title>Admiral Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B02J6398"/>
        </identifiers>
        <balance>212870.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>6064008.36000000</valUSD>
        <pctVal>0.095782707158</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>Bezeq The Israeli Telecommunication Corp. Ltd.</name>
        <lei>213800XCGZCFSWY9U863</lei>
        <title>Bezeq The Israeli Telecommunication Corp. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0002300114"/>
        </identifiers>
        <balance>3067840.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.46395000"/>
        <valUSD>2780934.37000000</valUSD>
        <pctVal>0.043925635746</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>Selcuk Ecza Deposu Ticaret ve Sanayi A/S</name>
        <lei>N/A</lei>
        <title>Selcuk Ecza Deposu Ticaret ve Sanayi A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRESLEC00014"/>
        </identifiers>
        <balance>2590718.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="6.85350000"/>
        <valUSD>3322741.84000000</valUSD>
        <pctVal>0.052483636190</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SimCorp A/S</name>
        <lei>5299000WVEJNSG42AK88</lei>
        <title>SimCorp A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060495240"/>
        </identifiers>
        <balance>61945.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.63250000"/>
        <valUSD>6677825.10000000</valUSD>
        <pctVal>0.105478114150</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>Amadeus Fire AG</name>
        <lei>391200TJJ820ZDHNFJ33</lei>
        <title>Amadeus Fire AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005093108"/>
        </identifiers>
        <balance>165357.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>20509956.43000000</valUSD>
        <pctVal>0.323960495094</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>Obic Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Obic Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3173400007"/>
        </identifiers>
        <balance>1058100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>186063979.15000000</valUSD>
        <pctVal>2.938932562357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daiwa Securities Group, Inc.</name>
        <lei>353800WRC7Y23PWFJG38</lei>
        <title>Daiwa Securities Group, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3502200003"/>
        </identifiers>
        <balance>2388000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>9945668.90000000</valUSD>
        <pctVal>0.157094620453</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shaftesbury plc</name>
        <lei>213800N7LHKFNTDKAT98</lei>
        <title>Shaftesbury plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0007990962"/>
        </identifiers>
        <balance>1183196.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>7733667.87000000</valUSD>
        <pctVal>0.122155445849</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>ZOZO, Inc.</name>
        <lei>549300GC7XPQMZA0OW13</lei>
        <title>ZOZO, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3399310006"/>
        </identifiers>
        <balance>812000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>18018541.33000000</valUSD>
        <pctVal>0.284607897148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bellway plc</name>
        <lei>213800CY4L3HST4FGZ98</lei>
        <title>Bellway plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0000904986"/>
        </identifiers>
        <balance>610687.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80703736"/>
        <valUSD>19265639.72000000</valUSD>
        <pctVal>0.304306164827</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>Eiken Chemical Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Eiken Chemical Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3160700005"/>
        </identifiers>
        <balance>753900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>12037264.18000000</valUSD>
        <pctVal>0.190131952578</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daikyonishikawa Corp.</name>
        <lei>N/A</lei>
        <title>Daikyonishikawa Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3481300006"/>
        </identifiers>
        <balance>332421.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>1480847.43000000</valUSD>
        <pctVal>0.023390399107</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Moscow Exchange MICEX-RTS PJSC</name>
        <lei>253400M5M1222KPNWE87</lei>
        <title>Moscow Exchange MICEX-RTS PJSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU000A0JR4A1"/>
        </identifiers>
        <balance>7428305.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11823915.34000000</valUSD>
        <pctVal>0.186762048011</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mayr Melnhof Karton AG</name>
        <lei>5299001AMHDLKUM80611</lei>
        <title>Mayr Melnhof Karton AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000938204"/>
        </identifiers>
        <balance>133652.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>20601680.77000000</valUSD>
        <pctVal>0.325409306685</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>As One Corp.</name>
        <lei>N/A</lei>
        <title>As One Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3131300000"/>
        </identifiers>
        <balance>179200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>19550599.68000000</valUSD>
        <pctVal>0.308807187052</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shizuoka Bank Ltd. (The)</name>
        <lei>549300TJ1GRR4PX8GJ82</lei>
        <title>Shizuoka Bank Ltd. (The)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3351200005"/>
        </identifiers>
        <balance>1025000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>6578606.16000000</valUSD>
        <pctVal>0.103910923258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICON plc</name>
        <lei>6354008SRQGEMC4XFI67</lei>
        <title>ICON plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE0005711209"/>
        </identifiers>
        <balance>31523.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5310364.58000000</valUSD>
        <pctVal>0.083878692982</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>Autoliv, Inc.</name>
        <lei>A23RUXWKASG834LTMK28</lei>
        <title>Autoliv, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000382335"/>
        </identifiers>
        <balance>72648.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.31820000"/>
        <valUSD>4677813.31000000</valUSD>
        <pctVal>0.073887368851</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grupo Cementos de Chihuahua SAB de CV</name>
        <lei>254900WY9XL8033CKX68</lei>
        <title>Grupo Cementos de Chihuahua SAB de CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MX01GC2M0006"/>
        </identifiers>
        <balance>1546010.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="22.98450000"/>
        <valUSD>6504347.15000000</valUSD>
        <pctVal>0.102737981437</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Singapore Technologies Engineering Ltd.</name>
        <lei>254900OEXGGWCR24DG90</lei>
        <title>Singapore Technologies Engineering Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1F60858221"/>
        </identifiers>
        <balance>12378800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.39360000"/>
        <valUSD>29375738.02000000</valUSD>
        <pctVal>0.463997993618</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>Fukuda Denshi Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Fukuda Denshi Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3806000000"/>
        </identifiers>
        <balance>148900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>9956545.50000000</valUSD>
        <pctVal>0.157266419390</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gruma SAB de CV</name>
        <lei>5493000XJLJ6C4T0PG82</lei>
        <title>Gruma SAB de CV, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MXP4948K1056"/>
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        <balance>640309.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="22.98450000"/>
        <valUSD>6910250.28000000</valUSD>
        <pctVal>0.109149334840</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sika AG</name>
        <lei>549300R3N69ECGYPU434</lei>
        <title>Sika AG (Registered)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0418792922"/>
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        <balance>234446.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.94745000"/>
        <valUSD>45122410.79000000</valUSD>
        <pctVal>0.712721091791</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>THK Co. Ltd.</name>
        <lei>N/A</lei>
        <title>THK Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3539250005"/>
        </identifiers>
        <balance>133700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>3298696.92000000</valUSD>
        <pctVal>0.052103839957</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Transmissora Alianca de Energia Eletrica SA</name>
        <lei>N/A</lei>
        <title>Transmissora Alianca de Energia Eletrica SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRTAEECDAM10"/>
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        <balance>1779812.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.43810000"/>
        <valUSD>9196726.28000000</valUSD>
        <pctVal>0.145264862413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PTT Global Chemical PCL</name>
        <lei>5493007X3230PPPZFF40</lei>
        <title>PTT Global Chemical PCL</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH1074010014"/>
        </identifiers>
        <balance>6126700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="30.90750000"/>
        <valUSD>9167997.25000000</valUSD>
        <pctVal>0.144811079354</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CTS Eventim AG &amp; Co. KGaA</name>
        <lei>529900FDHSN08UBJII80</lei>
        <title>CTS Eventim AG &amp; Co. KGaA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005470306"/>
        </identifiers>
        <balance>1324489.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007565"/>
        <valUSD>55058345.88000000</valUSD>
        <pctVal>0.869661963994</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>JPMORGAN US GOVERNMENT MONEY MKT FD</name>
        <lei>549300NQ5E5B7ZV4T516</lei>
        <title>Investment Company</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Custodian Internal ID" value="181001042"/>
        </identifiers>
        <balance>286000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>286000.00000000</valUSD>
        <pctVal>0.004517449947</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="286000.00000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="All applicable monthly total returns are reported excluding any sales loads or redemption fees for Item B.5." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2020-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>MFS Series Trust V</ncom:nameOfApplicant>
      <ncom:signature>Kasey Phillips</ncom:signature>
      <ncom:signerName>Kasey Phillips</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
