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      <regCik>0000038721</regCik>
      <regLei>549300PYEMTLTOE2MK86</regLei>
      <regStreet1>One Franklin Parkway</regStreet1>
      <regCity>San Mateo</regCity>
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      <regZipOrPostalCode>94403-1906</regZipOrPostalCode>
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      <repPdEnd>2020-09-30</repPdEnd>
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      <isFinalFiling>N</isFinalFiling>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>U S TREASURY NOTE</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>ASPEN TECHNOLOGY INC COM USD.1</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>MERCK KGAA ORD EUR NPV</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Okta Inc COM USD NPV CL A</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <lei>HWUPKR0MPOU8FGXBT394</lei>
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        <name>U S TREASURY NOTE</name>
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        <name>ROPER TECHNOLOGIES INC COM USD0.01</name>
        <lei>54930003T4SXCIWVXY35</lei>
        <title>ROPER TECHNOLOGIES INC COM USD0.01</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>EQUINIX INC REIT USD.001</name>
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        <cusip>29444U700</cusip>
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          <ticker value="EQIX"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SBA COMMUNICATIONS CORP REIT USD NPV CLASS A</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>ASML HOLDING NV NY REGD USD.09</name>
        <lei>724500Y6DUVHQD6OXN27</lei>
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          <ticker value="ASML"/>
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        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>BOEING CO COM USD5</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
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          <ticker value="BA"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>AMERICAN TOWER CORP REIT USD0.01</name>
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          <ticker value="AMT"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>NVIDIA CORP COM USD.001</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>IOVANCE BIOTHERAPEUTICS INC COM USD.001</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>EPAM SYSTEMS INC COM USD.001</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

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        <isRestrictedSec>N</isRestrictedSec>

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        <name>SALESFORCE.COM INC COM USD.001</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <lei>787RXPR0UX0O0XUXPZ81</lei>
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        <name>FISERV INC COM USD.01</name>
        <lei>GI7UBEJLXYLGR2C7GV83</lei>
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        <name>U S TREASURY NOTE</name>
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        <name>ALPHABET INC COM USD.001 CL A</name>
        <lei>5493006MHB84DD0ZWV18</lei>
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        <name>ANSYS INC COM USD.01</name>
        <lei>549300VJV8H15Z5FJ571</lei>
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      </invstOrSec>
      <invstOrSec>
        <name>Delivery Hero SE ORD EUR NPV</name>
        <lei>529900C3EX1FZGE48X78</lei>
        <title>Delivery Hero SE ORD EUR NPV</title>
        <cusip>000000000</cusip>
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          <isin value="DE000A2E4K43"/>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DANAHER CORP COM USD.01</name>
        <lei>S4BKK9OTCEWQ3YHPFM11</lei>
        <title>DANAHER CORP COM USD.01</title>
        <cusip>235851102</cusip>
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          <ticker value="DHR"/>
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        <balance>1050000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>145330500.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ZOETIS INC COM USD.01</name>
        <lei>549300HD9Q1LOC9KLJ48</lei>
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        <cusip>98978V103</cusip>
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          <ticker value="ZTS"/>
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        <balance>335000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39426150.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IDEXX LABORATORIES INC COM USD.1</name>
        <lei>OGMTXK0LUU1HKV2P0J84</lei>
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        <cusip>45168D104</cusip>
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          <ticker value="IDXX"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>VERISK ANALYTICS INC COM USD.001</name>
        <lei>549300I1YSWNIRKBWP67</lei>
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        <cusip>92345Y106</cusip>
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          <ticker value="VRSK"/>
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        <curCd>USD</curCd>
        <valUSD>69690000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>INTUITIVE SURGICAL INC COM USD.001</name>
        <lei>54930052SRG011710797</lei>
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          <ticker value="ISRG"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MATCH GROUP INC COM USD.001</name>
        <lei>549300BIJKT86CPCKK96</lei>
        <title>MATCH GROUP INC COM USD.001</title>
        <cusip>57665R106</cusip>
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          <ticker value="MTCH"/>
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        <curCd>USD</curCd>
        <valUSD>39624000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>U S TREASURY NOTE</name>
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        <assetCat>RA</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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              <invstCat>UST</invstCat>
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      <invstOrSec>
        <name>COSTAR GROUP INC COM USD.01</name>
        <lei>N/A</lei>
        <title>COSTAR GROUP INC COM USD.01</title>
        <cusip>22160N109</cusip>
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          <ticker value="CSGP"/>
          <other otherDesc="Internal Identifier" value="177549"/>
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        <valUSD>96889650.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>U S TREASURY NOTE</name>
        <lei>N/A</lei>
        <title>U S TREASURY NOTE</title>
        <cusip>912833LK4</cusip>
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          <other otherDesc="Internal Identifier" value="912833LK4"/>
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        <balance>55480.40000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
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      <invstOrSec>
        <name>HUBSPOT INC COM USD.001</name>
        <lei>529900BLNVEW0MVKJB37</lei>
        <title>HUBSPOT INC COM USD.001</title>
        <cusip>443573100</cusip>
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          <ticker value="HUBS"/>
          <other otherDesc="Internal Identifier" value="588997"/>
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        <valUSD>66595000.00000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PAYCOM SOFTWARE INC COM USD.01</name>
        <lei>254900LSB0HNJUDC6Q18</lei>
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        <cusip>70432V102</cusip>
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          <ticker value="PAYC"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Alteryx Inc COM USD NPV</name>
        <lei>549300XWZG0JHL7I0827</lei>
        <title>Alteryx Inc COM USD NPV</title>
        <cusip>02156B103</cusip>
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          <ticker value="AYX"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Alcon Inc ORD USD 0.04</name>
        <lei>549300LDT5AP8S0NBM78</lei>
        <title>Alcon Inc ORD USD 0.04</title>
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        <assetCat>EC</assetCat>
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        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>SEA LTD SPONSORED ADR</name>
        <lei>529900OM6JLLW44YKI15</lei>
        <title>SEA LTD SPONSORED ADR</title>
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          <ticker value="SE"/>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>U S TREASURY NOTE</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>GUIDEWIRE SOFTWARE INC COM USD.0001</name>
        <lei>549300WXSG0J8IXZCK32</lei>
        <title>GUIDEWIRE SOFTWARE INC COM USD.0001</title>
        <cusip>40171V100</cusip>
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          <ticker value="GWRE"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>U S TREASURY NOTE</name>
        <lei>N/A</lei>
        <title>U S TREASURY NOTE</title>
        <cusip>912828WE6</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
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      <invstOrSec>
        <name>CHARTER COMMUNICATIONS INC COM USD.001 CL A</name>
        <lei>0J0XRGZE3PBRFEZ7MV65</lei>
        <title>CHARTER COMMUNICATIONS INC COM USD.001 CL A</title>
        <cusip>16119P108</cusip>
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          <ticker value="CHTR"/>
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        <balance>100000.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ZENDESK INC COM USD.01</name>
        <lei>549300SLI6BN94BKKO36</lei>
        <title>ZENDESK INC COM USD.01</title>
        <cusip>98936J101</cusip>
        <identifiers>
          <ticker value="ZEN"/>
          <other otherDesc="Internal Identifier" value="576500"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41606500.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>U S TREASURY NOTE</name>
        <lei>N/A</lei>
        <title>U S TREASURY NOTE</title>
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          <other otherDesc="Internal Identifier" value="912803BA0"/>
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        <balance>63030.41000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63030.41000000</valUSD>
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        <assetCat>RA</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="RCNB6OTYUAMMP879YW96" name="BNP PARIBAS SA"/>
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          <isTriParty>Y</isTriParty>
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            <repurchaseCollateral>
              <principalAmt>63030.41000000</principalAmt>
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              <invstCat>UST</invstCat>
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          </repurchaseCollaterals>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>INTERCONTINENTAL EXCHANGE INC COM USD.01</name>
        <lei>5493000F4ZO33MV32P92</lei>
        <title>INTERCONTINENTAL EXCHANGE INC COM USD.01</title>
        <cusip>45866F104</cusip>
        <identifiers>
          <ticker value="ICE"/>
          <other otherDesc="Internal Identifier" value="348487"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80750000.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>uniQure NV ORD USD.05</name>
        <lei>N/A</lei>
        <title>uniQure NV ORD USD.05</title>
        <cusip>N90064101</cusip>
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          <ticker value="QURE"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9490000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEUROCRINE BIOSCIENCES INC COM USD.001</name>
        <lei>549300FECER0XBN49756</lei>
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        <cusip>64125C109</cusip>
        <identifiers>
          <ticker value="NBIX"/>
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        <valUSD>43275000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DocuSign Inc COM USD 0.0001</name>
        <lei>549300Q7PVDWRZ39JG09</lei>
        <title>DocuSign Inc COM USD 0.0001</title>
        <cusip>256163106</cusip>
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          <ticker value="DOCU"/>
          <other otherDesc="Internal Identifier" value="871452"/>
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        <curCd>USD</curCd>
        <valUSD>33726000.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>INTUIT INC COM USD.01</name>
        <lei>VI90HBPH7XSFMB9E4M29</lei>
        <title>INTUIT INC COM USD.01</title>
        <cusip>461202103</cusip>
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          <ticker value="INTU"/>
          <other otherDesc="Internal Identifier" value="29934"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALPHABET INC COM USD.001 CL C</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>ALPHABET INC COM USD.001 CL C</title>
        <cusip>02079K107</cusip>
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          <ticker value="GOOG"/>
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        <valUSD>72291897.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>U S TREASURY NOTE</name>
        <lei>N/A</lei>
        <title>U S TREASURY NOTE</title>
        <cusip>912820J65</cusip>
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          <other otherDesc="Internal Identifier" value="912820J65"/>
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        <balance>281752.35000000</balance>
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        <curCd>USD</curCd>
        <valUSD>281752.35000000</valUSD>
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        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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              <counterpartyInfo lei="RCNB6OTYUAMMP879YW96" name="BNP PARIBAS SA"/>
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          <isTriParty>Y</isTriParty>
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            <repurchaseCollateral>
              <principalAmt>281752.35000000</principalAmt>
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              <collateralVal>287387.40000000</collateralVal>
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              <invstCat>UST</invstCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Booking Holdings Inc COM USD.008</name>
        <lei>FXM8FAOHMYDIPD38UZ17</lei>
        <title>Booking Holdings Inc COM USD.008</title>
        <cusip>09857L108</cusip>
        <identifiers>
          <ticker value="BKNG"/>
          <other otherDesc="Internal Identifier" value="60462"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26906400.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Smartsheet Inc COM USD NPV CL A</name>
        <lei>549300N9WF42OK9VL589</lei>
        <title>Smartsheet Inc COM USD NPV CL A</title>
        <cusip>83200N103</cusip>
        <identifiers>
          <ticker value="SMAR"/>
          <other otherDesc="Internal Identifier" value="871450"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24906000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEXTERA ENERGY INC COM USD.01</name>
        <lei>N/A</lei>
        <title>NEXTERA ENERGY INC COM USD.01</title>
        <cusip>65339F101</cusip>
        <identifiers>
          <ticker value="NEE"/>
          <other otherDesc="Internal Identifier" value="546"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15640300.00000000</valUSD>
        <pctVal>0.162979845829</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>U S TREASURY NOTE</name>
        <lei>N/A</lei>
        <title>U S TREASURY NOTE</title>
        <cusip>912833LF5</cusip>
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          <other otherDesc="Internal Identifier" value="912833LF5"/>
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        <balance>9.44000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9.44000000</valUSD>
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        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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              <counterpartyInfo lei="RCNB6OTYUAMMP879YW96" name="BNP PARIBAS SA"/>
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          <isTriParty>Y</isTriParty>
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          <maturityDt>2020-04-01</maturityDt>
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            <repurchaseCollateral>
              <principalAmt>9.44000000</principalAmt>
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              <collateralVal>9.63000000</collateralVal>
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              <invstCat>UST</invstCat>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HEICO CORP COM USD.01</name>
        <lei>529900O1DTDLCJ7L0I14</lei>
        <title>HEICO CORP COM USD.01</title>
        <cusip>422806109</cusip>
        <identifiers>
          <ticker value="HEI"/>
          <other otherDesc="Internal Identifier" value="195765"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>59688000.00000000</valUSD>
        <pctVal>0.621979184407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <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>
        <name>Chewy Inc COM USD 0.01 CL A</name>
        <lei>N/A</lei>
        <title>Chewy Inc COM USD 0.01 CL A</title>
        <cusip>16679L109</cusip>
        <identifiers>
          <ticker value="CHWY"/>
          <other otherDesc="Internal Identifier" value="989457"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5061150.00000000</valUSD>
        <pctVal>0.052739745831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Datadog Inc COM USD 0.00001 CL A</name>
        <lei>N/A</lei>
        <title>Datadog Inc COM USD 0.00001 CL A</title>
        <cusip>23804L103</cusip>
        <identifiers>
          <ticker value="DDOG"/>
          <other otherDesc="Internal Identifier" value="1010980"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7196000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MERCURY SYSTEMS INC COM USD.01</name>
        <lei>549300P3B84SGK7HH679</lei>
        <title>MERCURY SYSTEMS INC COM USD.01</title>
        <cusip>589378108</cusip>
        <identifiers>
          <ticker value="MRCY"/>
          <other otherDesc="Internal Identifier" value="51562"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Q2 HOLDINGS INC COM USD.0001</name>
        <lei>549300M9RKR9DZXWS696</lei>
        <title>Q2 HOLDINGS INC COM USD.0001</title>
        <cusip>74736L109</cusip>
        <identifiers>
          <ticker value="QTWO"/>
          <other otherDesc="Internal Identifier" value="572703"/>
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        <balance>725000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>42818500.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>REATA PHARMACEUTICALS INC COM USD.001</name>
        <lei>5299005F094GH9QDDD80</lei>
        <title>REATA PHARMACEUTICALS INC COM USD.001</title>
        <cusip>75615P103</cusip>
        <identifiers>
          <ticker value="RETA"/>
          <other otherDesc="Internal Identifier" value="634806"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14434000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>DIGITAL REALTY TRUST INC REIT USD1</name>
        <lei>549300HKCZ31D08NEI41</lei>
        <title>DIGITAL REALTY TRUST INC REIT USD1</title>
        <cusip>253868103</cusip>
        <identifiers>
          <ticker value="DLR"/>
          <other otherDesc="Internal Identifier" value="319537"/>
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        <balance>530025.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>73625772.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>
        <name>MASTERCARD INC COM USD.0001 CL A</name>
        <lei>AR5L2ODV9HN37376R084</lei>
        <title>MASTERCARD INC COM USD.0001 CL A</title>
        <cusip>57636Q104</cusip>
        <identifiers>
          <ticker value="MA"/>
          <other otherDesc="Internal Identifier" value="362159"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>241560000.00000000</valUSD>
        <pctVal>2.517177519524</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>
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      <invstOrSec>
        <name>Adyen NV ORD EUR 0.01</name>
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        <name>KEYSIGHT TECHNOLOGIES INC COM USD NPV</name>
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        <name>ALIBABA GROUP HOLDING LTD SPONSORED ADR</name>
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        <name>PAYLOCITY HOLDING CORP COM USD.001</name>
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        <name>GLOBANT SA ORD USD1.2</name>
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        <name>Evotec SE ORD EUR NPV</name>
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        <name>CRISPR THERAPEUTICS AG ORD USD NPV</name>
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        <pctVal>0.007315643764</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="RCNB6OTYUAMMP879YW96" name="BNP PARIBAS SA"/>
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          </notClearedCentCparty>
          <isTriParty>Y</isTriParty>
          <repurchaseRt>0.00010000</repurchaseRt>
          <maturityDt>2020-04-01</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>702043.02000000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>716083.88000000</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>UST</invstCat>
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          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wuxi Biologics Cayman Inc ORD HKD 0.000025</name>
        <lei>5493001TD2TH6VDTJU11</lei>
        <title>Wuxi Biologics Cayman Inc ORD HKD 0.000025</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG970081090"/>
          <other otherDesc="Internal Identifier" value="815899"/>
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        <balance>1050000.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.75440000"/>
        <valUSD>13611474.79000000</valUSD>
        <pctVal>0.141838459798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</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>SHOPIFY INC ORD CAD NPV CL A</name>
        <lei>549300HGQ43STJLLP808</lei>
        <title>SHOPIFY INC ORD CAD NPV CL A</title>
        <cusip>82509L107</cusip>
        <identifiers>
          <ticker value="SHOP"/>
          <other otherDesc="Internal Identifier" value="616091"/>
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        <balance>450000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.41480000"/>
        <valUSD>188510834.81000000</valUSD>
        <pctVal>1.964378355566</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>NETFLIX INC COM USD.001</name>
        <lei>549300Y7VHGU0I7CE873</lei>
        <title>NETFLIX INC COM USD.001</title>
        <cusip>64110L106</cusip>
        <identifiers>
          <ticker value="NFLX"/>
          <other otherDesc="Internal Identifier" value="236954"/>
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        <balance>115000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>43182500.00000000</valUSD>
        <pctVal>0.449983516463</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>
        <name>10X Genomics Inc COM USD 1 CL A</name>
        <lei>5493003Z6741WNLG7H43</lei>
        <title>10X Genomics Inc COM USD 1 CL A</title>
        <cusip>88025U109</cusip>
        <identifiers>
          <ticker value="TXG"/>
          <other otherDesc="Internal Identifier" value="1007303"/>
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        <balance>30200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1882064.00000000</valUSD>
        <pctVal>0.019612059906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>RESMED INC COM USD.004</name>
        <lei>529900T3QE5253CCXF22</lei>
        <title>RESMED INC COM USD.004</title>
        <cusip>761152107</cusip>
        <identifiers>
          <ticker value="RMD"/>
          <other otherDesc="Internal Identifier" value="58940"/>
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        <balance>400000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>58916000.00000000</valUSD>
        <pctVal>0.613934553486</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>
        <name>VEEVA SYSTEMS INC COM USD.00001 CL A</name>
        <lei>549300YZEXPDB92M2F02</lei>
        <title>VEEVA SYSTEMS INC COM USD.00001 CL A</title>
        <cusip>922475108</cusip>
        <identifiers>
          <ticker value="VEEV"/>
          <other otherDesc="Internal Identifier" value="561916"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>156370000.00000000</valUSD>
        <pctVal>1.629454581586</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Guardant Health Inc COM USD 0.00001</name>
        <lei>N/A</lei>
        <title>Guardant Health Inc COM USD 0.00001</title>
        <cusip>40131M109</cusip>
        <identifiers>
          <ticker value="GH"/>
          <other otherDesc="Internal Identifier" value="934353"/>
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        <balance>100000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6960000.00000000</valUSD>
        <pctVal>0.072526724357</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>
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      <invstOrSec>
        <name>UNITEDHEALTH GROUP INC COM USD0.01</name>
        <lei>549300GHBMY8T5GXDE41</lei>
        <title>UNITEDHEALTH GROUP INC COM USD0.01</title>
        <cusip>91324P102</cusip>
        <identifiers>
          <ticker value="UNH"/>
          <other otherDesc="Internal Identifier" value="12365"/>
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        <balance>200000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>49876000.00000000</valUSD>
        <pctVal>0.519733175872</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>
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      </invstOrSec>
      <invstOrSec>
        <name>U S TREASURY NOTE</name>
        <lei>N/A</lei>
        <title>U S TREASURY NOTE</title>
        <cusip>912828ZG8</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="912828ZG8"/>
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        <balance>4507394.25000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4507394.25000000</valUSD>
        <pctVal>0.046969330508</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="RCNB6OTYUAMMP879YW96" name="BNP PARIBAS SA"/>
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          <isTriParty>Y</isTriParty>
          <repurchaseRt>0.00010000</repurchaseRt>
          <maturityDt>2020-04-01</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>4507394.25000000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>4597542.13000000</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>UST</invstCat>
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          </repurchaseCollaterals>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Argenx SE ORD EUR NPV</name>
        <lei>7245009C5FZE6G9ODQ71</lei>
        <title>Argenx SE ORD EUR NPV</title>
        <cusip>N0610Q109</cusip>
        <identifiers>
          <ticker value="ARGX"/>
          <other otherDesc="Internal Identifier" value="634808"/>
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        <balance>100000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.90489550"/>
        <valUSD>13159596.28000000</valUSD>
        <pctVal>0.137129656905</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>
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      </invstOrSec>
      <invstOrSec>
        <name>TELADOC INC COM USD.001</name>
        <lei>549300I2PVFBC9MFAC61</lei>
        <title>TELADOC INC COM USD.001</title>
        <cusip>87918A105</cusip>
        <identifiers>
          <ticker value="TDOC"/>
          <other otherDesc="Internal Identifier" value="607534"/>
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        <balance>25000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3875250.00000000</valUSD>
        <pctVal>0.040382067322</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>
        <name>TRANSUNION COM USD.01</name>
        <lei>549300ZS772LUNUMRB03</lei>
        <title>TRANSUNION COM USD.01</title>
        <cusip>89400J107</cusip>
        <identifiers>
          <ticker value="TRU"/>
          <other otherDesc="Internal Identifier" value="607096"/>
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        <balance>500000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>33090000.00000000</valUSD>
        <pctVal>0.344814555891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>
        <name>MOODY'S CORP COM USD1</name>
        <lei>549300GCEDD8YCF5WU84</lei>
        <title>MOODY'S CORP COM USD1</title>
        <cusip>615369105</cusip>
        <identifiers>
          <ticker value="MCO"/>
          <other otherDesc="Internal Identifier" value="54580"/>
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        <balance>350000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>74025000.00000000</valUSD>
        <pctVal>0.771377984280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>
        <name>MSCI INC COM USD.01</name>
        <lei>549300HTIN2PD78UB763</lei>
        <title>MSCI INC COM USD.01</title>
        <cusip>55354G100</cusip>
        <identifiers>
          <ticker value="MSCI"/>
          <other otherDesc="Internal Identifier" value="405373"/>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>151704000.00000000</valUSD>
        <pctVal>1.580832498849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</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>
        <name>SIEMENS HEALTHINEERS AG ORD EUR NPV</name>
        <lei>529900QBVWXMWANH7H45</lei>
        <title>SIEMENS HEALTHINEERS AG ORD EUR NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000SHL1006"/>
          <other otherDesc="Internal Identifier" value="825284"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.90489550"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Avalara Inc COM USD 0.0001</name>
        <lei>N/A</lei>
        <title>Avalara Inc COM USD 0.0001</title>
        <cusip>05338G106</cusip>
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          <ticker value="AVLR"/>
          <other otherDesc="Internal Identifier" value="877580"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>KEYENCE CORP ORD JPY NPV</name>
        <lei>529900M7PQBS7A89DZ11</lei>
        <title>KEYENCE CORP ORD JPY NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3236200006"/>
          <other otherDesc="Internal Identifier" value="36229"/>
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        <currencyConditional curCd="JPY" exchangeRt="107.76500000"/>
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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>TESLA INC COM USD.001</name>
        <lei>54930043XZGB27CTOV49</lei>
        <title>TESLA INC COM USD.001</title>
        <cusip>88160R101</cusip>
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          <ticker value="TSLA"/>
          <other otherDesc="Internal Identifier" value="471518"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>U S TREASURY NOTE</name>
        <lei>N/A</lei>
        <title>U S TREASURY NOTE</title>
        <cusip>912833LM0</cusip>
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          <other otherDesc="Internal Identifier" value="912833LM0"/>
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        <balance>2784.58000000</balance>
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        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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              <counterpartyInfo lei="RCNB6OTYUAMMP879YW96" name="BNP PARIBAS SA"/>
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              <collateralVal>2840.27000000</collateralVal>
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              <invstCat>UST</invstCat>
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      </invstOrSec>
      <invstOrSec>
        <name>IFT MONEY MARKET PORTFOLIO OEMF-SWEEP MONEY MARKET PORTFOLIO</name>
        <lei>N/A</lei>
        <title>IFT MONEY MARKET PORTFOLIO OEMF-SWEEP MONEY MARKET PORTFOLIO</title>
        <cusip>457756500</cusip>
        <identifiers>
          <ticker value="INFXX"/>
          <other otherDesc="Internal Identifier" value="170875"/>
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        <balance>328171426.28900000</balance>
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        <curCd>USD</curCd>
        <valUSD>328171426.29000000</valUSD>
        <pctVal>3.419712439176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CROWN CASTLE INTERNATIONAL CORP REIT USD NPV</name>
        <lei>54930012H97VSM0I2R19</lei>
        <title>CROWN CASTLE INTERNATIONAL CORP REIT USD NPV</title>
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          <ticker value="CCI"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SYNOPSYS INC COM USD.01</name>
        <lei>QG7T915N9S0NY5UKNE63</lei>
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        <cusip>871607107</cusip>
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          <ticker value="SNPS"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BAXTER INTERNATIONAL INC COM USD1</name>
        <lei>J5OIVXX3P24RJRW5CK77</lei>
        <title>BAXTER INTERNATIONAL INC COM USD1</title>
        <cusip>071813109</cusip>
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          <ticker value="BAX"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MOTOROLA SOLUTIONS INC COM USD.01</name>
        <lei>6S552MUG6KGJVEBSEC55</lei>
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        <cusip>620076307</cusip>
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          <ticker value="MSI"/>
          <other otherDesc="Internal Identifier" value="5042"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Tradeweb Markets Inc COM USD 0.01</name>
        <lei>N/A</lei>
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        <cusip>892672106</cusip>
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          <ticker value="TW"/>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BRIGHT HORIZONS FAMILY SOLUTIONS INC COM USD.001</name>
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          <ticker value="BFAM"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ABBOTT LABORATORIES COM NPV</name>
        <lei>HQD377W2YR662HK5JX27</lei>
        <title>ABBOTT LABORATORIES COM NPV</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Deciphera Pharmaceuticals Inc COM USD 0.01</name>
        <lei>529900QR4WAPYY0CBF25</lei>
        <title>Deciphera Pharmaceuticals Inc COM USD 0.01</title>
        <cusip>24344T101</cusip>
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          <ticker value="DCPH"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>U S TREASURY NOTE</name>
        <lei>N/A</lei>
        <title>U S TREASURY NOTE</title>
        <cusip>912833LL2</cusip>
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          <other otherDesc="Internal Identifier" value="912833LL2"/>
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        <balance>15.80000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15.80000000</valUSD>
        <pctVal>0.000000164644</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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          <isTriParty>Y</isTriParty>
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            <repurchaseCollateral>
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              <invstCat>UST</invstCat>
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      <invstOrSec>
        <name>IQVIA HOLDINGS INC COM USD.01</name>
        <lei>549300W3R20NM4KQPH86</lei>
        <title>IQVIA HOLDINGS INC COM USD.01</title>
        <cusip>46266C105</cusip>
        <identifiers>
          <ticker value="IQV"/>
          <other otherDesc="Internal Identifier" value="549154"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16179000.00000000</valUSD>
        <pctVal>0.168593372612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AUTODESK INC COM USD.01</name>
        <lei>FRKKVKAIQEF3FCSTPG55</lei>
        <title>AUTODESK INC COM USD.01</title>
        <cusip>052769106</cusip>
        <identifiers>
          <ticker value="ADSK"/>
          <other otherDesc="Internal Identifier" value="29469"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>78050000.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AMPHENOL CORP COM A USD.001</name>
        <lei>549300D3L3G0R4U4VT04</lei>
        <title>AMPHENOL CORP COM A USD.001</title>
        <cusip>032095101</cusip>
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          <ticker value="APH"/>
          <other otherDesc="Internal Identifier" value="29427"/>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>U S TREASURY NOTE</name>
        <lei>N/A</lei>
        <title>U S TREASURY NOTE</title>
        <cusip>912803BB8</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FACEBOOK INC COM USD NPV CL A</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
        <title>FACEBOOK INC COM USD NPV CL A</title>
        <cusip>30303M102</cusip>
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        <invCountry>US</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>IRHYTHM TECHNOLOGIES INC COM USD.001</name>
        <lei>549300FJI72RJGDQS384</lei>
        <title>IRHYTHM TECHNOLOGIES INC COM USD.001</title>
        <cusip>450056106</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>RAYTHEON CO NEW COM NPV</name>
        <lei>YR6K3WJN0KKLUPZSNL57</lei>
        <title>RAYTHEON CO NEW COM NPV</title>
        <cusip>755111507</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>WORKDAY INC COM USD.001 CL A</name>
        <lei>549300J0DYC0N31V7G13</lei>
        <title>WORKDAY INC COM USD.001 CL A</title>
        <cusip>98138H101</cusip>
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          <ticker value="WDAY"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Adevinta ASA ORD NOK 1</name>
        <lei>529900W8V3YLHRSZH763</lei>
        <title>Adevinta ASA ORD NOK 1</title>
        <cusip>000000000</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>RINGCENTRAL INC COM USD.0001 CL A</name>
        <lei>549300C8EH0H1614VE84</lei>
        <title>RINGCENTRAL INC COM USD.0001 CL A</title>
        <cusip>76680R206</cusip>
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          <ticker value="RNG"/>
          <other otherDesc="Internal Identifier" value="560380"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>JACK HENRY &amp; ASSOCIATES INC COM USD.01</name>
        <lei>529900X1QS8C54W0JB21</lei>
        <title>JACK HENRY &amp; ASSOCIATES INC COM USD.01</title>
        <cusip>426281101</cusip>
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          <ticker value="JKHY"/>
          <other otherDesc="Internal Identifier" value="191759"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>THERMO FISHER SCIENTIFIC INC COM USD1</name>
        <lei>HCHV7422L5HDJZCRFL38</lei>
        <title>THERMO FISHER SCIENTIFIC INC COM USD1</title>
        <cusip>883556102</cusip>
        <identifiers>
          <ticker value="TMO"/>
          <other otherDesc="Internal Identifier" value="30383"/>
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        <balance>310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>87916000.00000000</valUSD>
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        <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>MERCADOLIBRE INC COM USD NPV</name>
        <lei>549300DKPDN9M5S8GB14</lei>
        <title>MERCADOLIBRE INC COM USD NPV</title>
        <cusip>58733R102</cusip>
        <identifiers>
          <ticker value="MELI"/>
          <other otherDesc="Internal Identifier" value="395424"/>
        </identifiers>
        <balance>210000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>102601800.00000000</valUSD>
        <pctVal>1.069162710807</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>Network International Holdings PLC ORD GBP 1</name>
        <lei>213800XVRNKWENNLKK60</lei>
        <title>Network International Holdings PLC ORD GBP 1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BH3VJ782"/>
          <other otherDesc="Internal Identifier" value="974468"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80521780"/>
        <valUSD>4859671.21000000</valUSD>
        <pctVal>0.050640234815</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>
    </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>2020-04-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Robert Kubilis</ncom:nameOfApplicant>
      <ncom:signature>Robert Kubilis</ncom:signature>
      <ncom:signerName>Robert Kubilis</ncom:signerName>
      <ncom:title>Chief Financial Officer, Chief Accounting Officer and Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
