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exchangeRt="0.90695"/><valUSD>4661005</valUSD><pctVal>0.4607</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>IE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Beazley PLC</name><lei>213800VTOMUWD41GIT12</lei><title>Beazley PLC</title><cusip>G0936K107</cusip><identifiers><isin value="GB00BYQ0JC66"/><ticker value="BEZ"/><other otherDesc="BYQ0JC6" value="Sedol"/></identifiers><balance>3041028</balance><units>NS</units><currencyConditional curCd="GBP" exchangeRt="0.80528"/><valUSD>14706642</valUSD><pctVal>1.4537</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>Alibaba Group Holding Ltd</name><lei>5493001NTNQJDH60PM02</lei><title>Alibaba Group Holding Ltd (ADR)</title><cusip>01609W102</cusip><identifiers><isin value="US01609W1027"/><ticker value="BABA"/><other otherDesc="BP41ZD1" value="Sedol"/></identifiers><balance>263074</balance><units>NS</units><curCd>USD</curCd><valUSD>51162632</valUSD><pctVal>5.0573</pctVal><payoffProfile>Long</payoffProfile><assetConditional assetCat="OTHER" desc="GDR"/><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>Ascendis Pharma A/S</name><lei>549300B66JN3W3J8GH73</lei><title>Ascendis Pharma A/S (ADR)</title><cusip>04351P101</cusip><identifiers><isin value="US04351P1012"/><ticker value="ASND"/><other otherDesc="BV9G6B8" value="Sedol"/></identifiers><balance>57929</balance><units>NS</units><curCd>USD</curCd><valUSD>6523385</valUSD><pctVal>0.6448</pctVal><payoffProfile>Long</payoffProfile><assetConditional assetCat="OTHER" desc="GDR"/><issuerCat>CORP</issuerCat><invCountry>DK</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec></invstOrSecs><explntrNotes><explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/></explntrNotes><signature><ncom:dateSigned>2020-05-15</ncom:dateSigned><ncom:nameOfApplicant>JESPER NERGAARD</ncom:nameOfApplicant><ncom:signature>JESPER NERGAARD</ncom:signature><ncom:signerName>JESPER NERGAARD</ncom:signerName><ncom:title>VP, CFO, TREASURER, AND PRINCIPAL ACCOUNTING OFFICER</ncom:title></signature></nport:formData></nport:edgarSubmission>
