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        <pctVal>0.9881954688</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CVC CAPITAL PARTNERS PLC</name>
        <lei>213800E8UQS1KA32YD39</lei>
        <title>CVC CAPITAL PARTNERS PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JE00BRX98089"/>
        </identifiers>
        <balance>672894.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>11297981.150000</valUSD>
        <pctVal>1.2694759128</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1406355.566100"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DAIMLER TRUCK HOLDING AG</name>
        <lei>529900PW78JIYOUBSR24</lei>
        <title>DAIMLER TRUCK HOLDING AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000DTR0CK8"/>
        </identifiers>
        <balance>237054.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>13407945.770000</valUSD>
        <pctVal>1.5065580275</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DEUTSCHE TELEKOM AG-REG</name>
        <lei>549300V9QSIG4WX4GJ96</lei>
        <title>DEUTSCHE TELEKOM AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0005557508"/>
        </identifiers>
        <balance>412406.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>12727264.220000</valUSD>
        <pctVal>1.4300745548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DNB BANK ASA</name>
        <lei>549300GKFG0RYRRQ1414</lei>
        <title>DNB BANK ASA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NO0010161896"/>
        </identifiers>
        <balance>273669.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.477500"/>
        <valUSD>8811760.370000</valUSD>
        <pctVal>0.9901164988</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EDENRED</name>
        <lei>9695006LOD5B2D7Y0N70</lei>
        <title>EDENRED SE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0010908533"/>
        </identifiers>
        <balance>162077.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>5336351.310000</valUSD>
        <pctVal>0.5996088470</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="54819.792000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EXPERIAN PLC</name>
        <lei>635400RXXHHYT1JTSZ26</lei>
        <title>EXPERIAN PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00B19NLV48"/>
        </identifiers>
        <balance>113776.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.741977"/>
        <valUSD>4292736.090000</valUSD>
        <pctVal>0.4823450309</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FERRARI NV</name>
        <lei>549300RIVY5EX8RCON76</lei>
        <title>FERRARI NV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0011585146"/>
        </identifiers>
        <balance>54259.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>21334270.610000</valUSD>
        <pctVal>2.3971842666</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INFINEON TECHNOLOGIES AG</name>
        <lei>TSI2PJM6EPETEQ4X1U25</lei>
        <title>INFINEON TECHNOLOGIES AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0006231004"/>
        </identifiers>
        <balance>151335.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>10860342.930000</valUSD>
        <pctVal>1.2203015363</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Innio NV</name>
        <lei>2549000WCDQX6ZM7AW92</lei>
        <title>INNIO HOLDING GMBH</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL00150745D9"/>
        </identifiers>
        <balance>72259.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1764564.780000</valUSD>
        <pctVal>0.1982719262</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>JERONIMO MARTINS</name>
        <lei>259400A8SZP10GB5IB19</lei>
        <title>JERONIMO MARTINS SGPS SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="PTJMT0AE0001"/>
        </identifiers>
        <balance>732818.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>14696593.030000</valUSD>
        <pctVal>1.6513543973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KERING</name>
        <lei>549300VGEJKB7SVUZR78</lei>
        <title>KERING SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000121485"/>
        </identifiers>
        <balance>13941.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>4601554.840000</valUSD>
        <pctVal>0.5170448555</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KINGSPAN GROUP PLC</name>
        <lei>635400HM7V74SUB9OG75</lei>
        <title>KINGSPAN GROUP PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IE0004927939"/>
        </identifiers>
        <balance>141568.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>13157870.520000</valUSD>
        <pctVal>1.4784588032</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>KONGSBERG GRUPPEN ASA</name>
        <lei>5967007LIEEXZXJ9HK73</lei>
        <title>KONGSBERG GRUPPEN ASA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NO0013536151"/>
        </identifiers>
        <balance>356226.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.477500"/>
        <valUSD>11101263.310000</valUSD>
        <pctVal>1.2473720913</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>L OREAL</name>
        <lei>529900JI1GG6F7RKVI53</lei>
        <title>L'OREAL SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000120321"/>
        </identifiers>
        <balance>31481.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>14021491.360000</valUSD>
        <pctVal>1.5754978971</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MAGNUM ICE CREAM CO NV/THE</name>
        <lei>25490052LLF3XH6G9847</lei>
        <title>MAGNUM ICE CREAM CO NV/THE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0015002MS2"/>
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        <balance>387796.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>7247095.630000</valUSD>
        <pctVal>0.8143059559</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="4492664.599500"/>
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      </invstOrSec>
      <invstOrSec>
        <name>MARKS &amp; SPENCER GROUP PLC</name>
        <lei>213800EJP14A79ZG1X44</lei>
        <title>MARKS &amp; SPENCER GROUP PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0031274896"/>
        </identifiers>
        <balance>2039440.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.741977"/>
        <valUSD>11148339.040000</valUSD>
        <pctVal>1.2526616651</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>MERCK KGAA</name>
        <lei>529900OAREIS0MOPTW25</lei>
        <title>MERCK KGAA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0006599905"/>
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        <balance>88625.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>14646897.960000</valUSD>
        <pctVal>1.6457705064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NATIONAL BANK OF GREECE</name>
        <lei>5UMCZOEYKCVFAW8ZLO05</lei>
        <title>NATIONAL BANK OF GREECE SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GRS003003035"/>
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        <balance>629100.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>11771125.770000</valUSD>
        <pctVal>1.3226398977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NATIONAL GRID PLC</name>
        <lei>8R95QZMKZLJX5Q2XR704</lei>
        <title>NATIONAL GRID PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BDR05C01"/>
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        <balance>522353.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.741977"/>
        <valUSD>8360705.570000</valUSD>
        <pctVal>0.9394345941</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>
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      </invstOrSec>
      <invstOrSec>
        <name>NESTE OYJ</name>
        <lei>5493009GY1X8GQ66AM14</lei>
        <title>NESTE OYJ</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FI0009013296"/>
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        <balance>118290.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>4192006.950000</valUSD>
        <pctVal>0.4710267949</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NESTLE SA-REG</name>
        <lei>KY37LUS27QQX7BB93L28</lei>
        <title>NESTLE SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0038863350"/>
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        <balance>172087.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.808450"/>
        <valUSD>17200279.590000</valUSD>
        <pctVal>1.9326763201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NOVA LJUBLJANSKA GDR REG S</name>
        <lei>5493001BABFV7P27OW30</lei>
        <title>NOVA LJUBLJANSKA BANKA DD</title>
        <cusip>66980N203</cusip>
        <identifiers>
          <isin value="US66980N2036"/>
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        <balance>263504.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>13712454.240000</valUSD>
        <pctVal>1.5407735358</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NOVO NORDISK A/S-B</name>
        <lei>549300DAQ1CVT6CXN342</lei>
        <title>NOVO NORDISK A/S</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DK0062498333"/>
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        <balance>246053.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.482000"/>
        <valUSD>11638695.530000</valUSD>
        <pctVal>1.3077596286</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NOVONESIS (NOVOZYMES) B</name>
        <lei>529900T6WNZXD2R3JW38</lei>
        <title>NOVONESIS NOVOZYMES B</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DK0060336014"/>
        </identifiers>
        <balance>75423.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.482000"/>
        <valUSD>4911781.720000</valUSD>
        <pctVal>0.5519029019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ORSTED A/S</name>
        <lei>W9NG6WMZIYEU8VEDOG48</lei>
        <title>ORSTED AS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DK0060094928"/>
        </identifiers>
        <balance>339242.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.482000"/>
        <valUSD>7563525.000000</valUSD>
        <pctVal>0.8498609332</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OTP BANK PLC</name>
        <lei>529900W3MOO00A18X956</lei>
        <title>OTP BANK NYRT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HU0000061726"/>
        </identifiers>
        <balance>60006.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HUF" exchangeRt="316.394300"/>
        <valUSD>8889400.400000</valUSD>
        <pctVal>0.9988403714</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PRADA S.P.A.</name>
        <lei>8156000FE0A2DC5B7852</lei>
        <title>PRADA SPA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0003874101"/>
        </identifiers>
        <balance>1697400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.842400"/>
        <valUSD>9323145.090000</valUSD>
        <pctVal>1.0475772589</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="196673.528200"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PROSUS</name>
        <lei>635400Z5LQ5F9OLVT688</lei>
        <title>PROSUS NV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0013654783"/>
        </identifiers>
        <balance>209569.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>9739260.280000</valUSD>
        <pctVal>1.0943332415</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PRYSMIAN SPA</name>
        <lei>529900X0H1IO3RS1A464</lei>
        <title>PRYSMIAN SPA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0004176001"/>
        </identifiers>
        <balance>31819.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>4390809.840000</valUSD>
        <pctVal>0.4933648991</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>RENTOKIL INITIAL PLC</name>
        <lei>549300VN4WV7Z6T14K68</lei>
        <title>RENTOKIL INITIAL PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00B082RF11"/>
        </identifiers>
        <balance>1067284.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.741977"/>
        <valUSD>4915117.810000</valUSD>
        <pctVal>0.5522777553</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>RHEINMETALL AG</name>
        <lei>5299001OU9CSE29O6S05</lei>
        <title>RHEINMETALL AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0007030009"/>
        </identifiers>
        <balance>8919.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>11790464.560000</valUSD>
        <pctVal>1.3248128636</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROCHE HOLDING AG</name>
        <lei>549300U41AUUVOAAOB37</lei>
        <title>ROCHE HOLDING AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH1499059983"/>
        </identifiers>
        <balance>33657.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.808450"/>
        <valUSD>14711222.510000</valUSD>
        <pctVal>1.6529982107</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAFRAN SA</name>
        <lei>969500UIC89GT3UL7L24</lei>
        <title>SAFRAN SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000073272"/>
        </identifiers>
        <balance>19014.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>7472147.300000</valUSD>
        <pctVal>0.8395934538</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAMPO OYJ-A SHS</name>
        <lei>743700UF3RL386WIDA22</lei>
        <title>SAMPO OYJ</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FI4000552500"/>
        </identifiers>
        <balance>906713.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>10038904.730000</valUSD>
        <pctVal>1.1280022136</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SANDVIK AB</name>
        <lei>5299008ZUAXN43LVZF54</lei>
        <title>SANDVIK AB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0000667891"/>
        </identifiers>
        <balance>297706.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.522200"/>
        <valUSD>11132637.780000</valUSD>
        <pctVal>1.2508974232</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAP SE</name>
        <lei>529900D6BF99LW9R2E68</lei>
        <title>SAP SE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0007164600"/>
        </identifiers>
        <balance>96522.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>17692017.050000</valUSD>
        <pctVal>1.9879294536</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SARTORIUS STEDIM BIOTECH</name>
        <lei>52990006IVXY7GCSSR39</lei>
        <title>SARTORIUS STEDIM BIOTECH</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0013154002"/>
        </identifiers>
        <balance>57522.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>11121309.190000</valUSD>
        <pctVal>1.2496245080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SCHNEIDER ELECTRIC SE</name>
        <lei>969500A1YF1XUYYXS284</lei>
        <title>SCHNEIDER ELECTRIC SE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000121972"/>
        </identifiers>
        <balance>74649.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>25080989.680000</valUSD>
        <pctVal>2.8181771457</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHELL PLC</name>
        <lei>21380068P1DRHMJ8KU70</lei>
        <title>SHELL PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BP6MXD84"/>
        </identifiers>
        <balance>524407.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>24045498.400000</valUSD>
        <pctVal>2.7018261604</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>SIEMENS AG-REG</name>
        <lei>W38RGI023J3WT1HWRP32</lei>
        <title>SIEMENS AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0007236101"/>
        </identifiers>
        <balance>87912.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>28804065.850000</valUSD>
        <pctVal>3.2365134357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SIEMENS ENERGY AG</name>
        <lei>5299005CHJZ14D4FDJ62</lei>
        <title>SIEMENS ENERGY AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000ENER6Y0"/>
        </identifiers>
        <balance>62695.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>10711005.830000</valUSD>
        <pctVal>1.2035215604</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOCIETE GENERALE SA</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>SOCIETE GENERALE SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000130809"/>
        </identifiers>
        <balance>184829.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>17373308.300000</valUSD>
        <pctVal>1.9521183582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SONOVA HOLDING AG-REG</name>
        <lei>5299004A0QNX7FBNHS61</lei>
        <title>SONOVA HOLDING AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0012549785"/>
        </identifiers>
        <balance>35640.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.808450"/>
        <valUSD>9710256.400000</valUSD>
        <pctVal>1.0910742763</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SPIE SA</name>
        <lei>969500TJNS5GSFWJ8X85</lei>
        <title>SPIE SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0012757854"/>
        </identifiers>
        <balance>222731.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>11978644.310000</valUSD>
        <pctVal>1.3459573191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SPRINGER NATURE AG &amp; CO KGAA</name>
        <lei>549300UMNC43HQB3JA96</lei>
        <title>SPRINGER NATURE AG &amp; CO KGAA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000SPG1003"/>
        </identifiers>
        <balance>229744.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>4899173.620000</valUSD>
        <pctVal>0.5504862170</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STANDARD CHARTERED PLC</name>
        <lei>U4LOSYZ7YG4W3S5F2G91</lei>
        <title>STANDARD CHARTERED PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0004082847"/>
        </identifiers>
        <balance>630641.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.741977"/>
        <valUSD>18646546.020000</valUSD>
        <pctVal>2.0951832647</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>STORA ENSO OYJ-R SHS</name>
        <lei>7437000ZP669LKUTZ738</lei>
        <title>STORA ENSO OYJ</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FI0009005961"/>
        </identifiers>
        <balance>604709.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>6953890.920000</valUSD>
        <pctVal>0.7813605729</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STRAUMANN HOLDING AG-REG</name>
        <lei>50670046ML5FVIM60Z37</lei>
        <title>STRAUMANN HOLDING AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH1175448666"/>
        </identifiers>
        <balance>78416.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.808450"/>
        <valUSD>9711060.260000</valUSD>
        <pctVal>1.0911646005</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T. Rowe Price Government Reserve Fund</name>
        <lei>5493002Y0IYARJVQ5N24</lei>
        <title>T. Rowe Price Government Reserve Fund</title>
        <cusip>76105Y109</cusip>
        <identifiers>
          <isin value="US76105Y1091"/>
        </identifiers>
        <balance>50327.150000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>50327.150000</valUSD>
        <pctVal>0.0056549134</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TOTALENERGIES SE</name>
        <lei>529900S21EQ1BO4ESM68</lei>
        <title>TOTALENERGIES SE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000120271"/>
        </identifiers>
        <balance>201260.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>17743181.630000</valUSD>
        <pctVal>1.9936784632</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GRS - SECURITY LENDING COLLATERAL</name>
        <lei>549300SIV6FPS9Y7IH33</lei>
        <title>TREASURY RESERVE FUND - Collateral</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="76105YYY9"/>
        </identifiers>
        <balance>1141131.750000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1141131.750000</valUSD>
        <pctVal>0.1282210734</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="1141131.750000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNILEVER PLC</name>
        <lei>549300MKFYEKVRWML317</lei>
        <title>UNILEVER PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BVZK7T90"/>
        </identifiers>
        <balance>356863.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.741977"/>
        <valUSD>22706330.960000</valUSD>
        <pctVal>2.5513531878</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>UNIVERSAL MUSIC GROUP NV</name>
        <lei>724500GJBUL3D9TW9Y18</lei>
        <title>UNIVERSAL MUSIC GROUP NV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0015000IY2"/>
        </identifiers>
        <balance>463043.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>7640006.150000</valUSD>
        <pctVal>0.8584545905</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WAREHOUSES DE PAUW SCA</name>
        <lei>549300HWDYC5JXC85138</lei>
        <title>WAREHOUSES DE PAUW CVA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BE0974349814"/>
        </identifiers>
        <balance>423216.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>10891453.130000</valUSD>
        <pctVal>1.2237971741</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WISE GROUP PLC-CL A</name>
        <lei>984500Z0CT5DE760B008</lei>
        <title>WISE GROUP PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JE00BQKY0816"/>
        </identifiers>
        <balance>657353.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.741977"/>
        <valUSD>7851409.540000</valUSD>
        <pctVal>0.8822085256</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WOLTERS KLUWER</name>
        <lei>724500TEM53I0U077B74</lei>
        <title>WOLTERS KLUWER NV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0000395903"/>
        </identifiers>
        <balance>136882.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>10746423.640000</valUSD>
        <pctVal>1.2075012145</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </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>2026-09-02</ncom:dateSigned>
      <ncom:nameOfApplicant>T. ROWE PRICE INTERNATIONAL FUNDS, INC.</ncom:nameOfApplicant>
      <ncom:signature>/s/ Alan Dupski</ncom:signature>
      <ncom:signerName>Alan Dupski</ncom:signerName>
      <ncom:title>Treasurer &amp; Vice President</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
