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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SUMITOMO MITSUI FINL GRP</name>
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          <isin value="XS1694219780"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-10-11</maturityDt>
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      <invstOrSec>
        <name>KOREA WATER RESOURCES</name>
        <lei>98840035IHSMZZ2TP220</lei>
        <title>Korea Water Resources Corp</title>
        <cusip>000000000</cusip>
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          <isin value="XS1798774656"/>
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        <curCd>USD</curCd>
        <valUSD>216325.89000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-05-15</maturityDt>
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      <invstOrSec>
        <name>REPUBLIC OF CHILE</name>
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        <title>Chile Government International Bond</title>
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          <isin value="US168863DL94"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>337500.00000000</valUSD>
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        <invCountry>CL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-01-25</maturityDt>
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      <invstOrSec>
        <name>Chicago Board of Trade</name>
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      <invstOrSec>
        <name>Berlin Hyp AG</name>
        <lei>529900C4RSSBWXBSY931</lei>
        <title>Berlin Hyp AG</title>
        <cusip>000000000</cusip>
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          <isin value="DE000BHY0GU5"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-09-26</maturityDt>
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      <invstOrSec>
        <name>SSE PLC</name>
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        <title>SSE PLC</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-09-06</maturityDt>
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        <name>FERROVIE DELLO STATO</name>
        <lei>549300J4SXC5ALCJM731</lei>
        <title>Ferrovie dello Stato Italiane SpA</title>
        <cusip>000000000</cusip>
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          <isin value="XS1732400319"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-07</maturityDt>
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        <name>European Investment Bank</name>
        <lei>5493006YXS1U5GIHE750</lei>
        <title>European Investment Bank</title>
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        <curCd>USD</curCd>
        <valUSD>669437.83000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>XX</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-24</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>A2A SPA</name>
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        <invCountry>IT</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>LB BADEN-WUERTTEMBERG</name>
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        <title>Landesbank Baden-Wuerttemberg</title>
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        <name>Nacional Financiera SNC</name>
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        <name>IGNITIS GRUPE UAB</name>
        <lei>5493005RZJHJT5PNHY10</lei>
        <title>Ignitis Grupe UAB</title>
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          <isin value="XS1646530565"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Transport for London</name>
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        <title>Transport for London</title>
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        <name>VENA ENERGY CAP PTE LTD</name>
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        <title>Vena Energy Capital Pte Ltd</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
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        <name>TenneT Holding BV</name>
        <lei>724500LTUWK3JQG63903</lei>
        <title>TenneT Holding BV</title>
        <cusip>000000000</cusip>
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        <invCountry>NL</invCountry>
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        <name>SNCF RESEAU</name>
        <lei>969500VZN4KDEZ14C105</lei>
        <title>SNCF Reseau</title>
        <cusip>000000000</cusip>
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        <balance>400000.00000000</balance>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-03-30</maturityDt>
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        <name>IBERDROLA INTL BV</name>
        <lei>549300ZMLFJKWC63XN87</lei>
        <title>Iberdrola International BV</title>
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        <fairValLevel>2</fairValLevel>
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        <name>LEASEPLAN CORPORATION NV</name>
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        <name>Southern Power Co</name>
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      <invstOrSec>
        <name>BANCO BILBAO VIZCAYA ARG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FERROVIE DELLO STATO</name>
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        <title>Ferrovie dello Stato Italiane SpA</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-09</maturityDt>
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      <invstOrSec>
        <name>ACS SERVICIOS COMUNICAC</name>
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        <invCountry>ES</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>ROYAL SCHIPHOL GROUP NV</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-05</maturityDt>
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        <name>TELEFONICA EUROPE BV</name>
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        <title>Telefonica Europe BV</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-05</maturityDt>
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          <annualizedRt>2.50000000</annualizedRt>
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        <name>TenneT Holding BV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>COVIVIO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Electricite de France SA</name>
        <lei>549300X3UK4GG3FNMO06</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>EDP Finance BV</name>
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        <invCountry>NL</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>HYUNDAI CAPITAL SERVICES</name>
        <lei>549300MALMDAGL2ZJJ27</lei>
        <title>Hyundai Capital Services Inc</title>
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        <invCountry>KR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>SSE PLC</name>
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        <title>SSE PLC</title>
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        <invCountry>GB</invCountry>
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        <name>DIGITAL EURO FINCO</name>
        <lei>635400OUEAPTXSW3SC91</lei>
        <title>Digital Euro Finco LLC</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BANCO NAC DE DESEN ECONO</name>
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        <title>Banco Nacional de Desenvolvimento Economico e Social</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PERUSAHAAN PENERBIT SBSN</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COVIVIO</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ICADE</name>
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        <name>Chicago Mercantile Exchange</name>
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      <invstOrSec>
        <name>DTE Electric Co</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Apple Inc</name>
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        <title>Apple Inc</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-20</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>KBC Group NV</name>
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          <isin value="BE0002602804"/>
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        <invCountry>BE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago Mercantile Exchange</name>
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          <other otherDesc="Internal Identifier" value="ADI1JY2Q7"/>
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        <name>SKF AB</name>
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          <isin value="XS2079107830"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Apple Inc</name>
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        <name>The Montreal Exchange / Bourse De Montreal</name>
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        <name>Southern Power Co</name>
        <lei>5LADC78JBG2BMZD5XF57</lei>
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        <title>Orsted A/S</title>
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        <invCountry>DK</invCountry>
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        <name>TenneT Holding BV</name>
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        <title>Societe Du Grand Paris EPIC</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>FR</invCountry>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Intesa Sanpaolo SpA</name>
        <lei>2W8N8UU78PMDQKZENC08</lei>
        <title>Intesa Sanpaolo SpA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1636000561"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007600"/>
        <valUSD>337157.73000000</valUSD>
        <pctVal>0.957928833906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.88000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MIZUHO FINANCIAL GROUP</name>
        <lei>353800CI5L6DDAN5XZ33</lei>
        <title>Mizuho Financial Group Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1691909920"/>
        </identifiers>
        <balance>700000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007600"/>
        <valUSD>796469.96000000</valUSD>
        <pctVal>2.262921689573</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.96000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIONE DI BANCHE ITALIAN</name>
        <lei>81560097964CBDAED282</lei>
        <title>Unione di Banche Italiane SpA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1979446843"/>
        </identifiers>
        <balance>900000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007600"/>
        <valUSD>1022618.16000000</valUSD>
        <pctVal>2.905451467894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-04-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DIGITAL DUTCH FINCO BV</name>
        <lei>549300ONZ5IS6B6IMJ70</lei>
        <title>Digital Dutch Finco BV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2100664114"/>
        </identifiers>
        <balance>600000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007600"/>
        <valUSD>688458.06000000</valUSD>
        <pctVal>1.956039467371</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="REIT" issuerCat="OTHER"/>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANKINTER SA</name>
        <lei>VWMYAEQSTOPNV0SUGU82</lei>
        <title>Bankinter SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ES0213679JR9"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007600"/>
        <valUSD>529053.70000000</valUSD>
        <pctVal>1.503141553108</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.63000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Board of Trade</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
        <title>US 10YR NOTE (CBT)SEP20 XCBT 20200921</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="ADI1JZD82"/>
        </identifiers>
        <balance>-8.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-3937.50000000</valUSD>
        <pctVal>-0.01118718168</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Chicago Board of Trade</counterpartyName>
              <counterpartyLei>549300EX04Q2QBFQTQ27</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>10 Year US Treasury Note</indexName>
                <indexIdentifier>TYU0 Comdty</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-09-21</expDate>
            <notionalAmt>-1109437.50000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-3937.50000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEDER WATERSCHAPSBANK</name>
        <lei>JLP5FSPH9WPSHY3NIM24</lei>
        <title>Nederlandse Waterschapsbank NV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1386139841"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>219047.55000000</valUSD>
        <pctVal>0.622355489644</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.38000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INTESA SANPAOLO SPA</name>
        <lei>2W8N8UU78PMDQKZENC08</lei>
        <title>Intesa Sanpaolo SpA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2089368596"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007600"/>
        <valUSD>554060.55000000</valUSD>
        <pctVal>1.574190740265</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eurex Deutschland</name>
        <lei>529900LN3S50JPU47S06</lei>
        <title>EURO-BUXL 30Y BND SEP20 XEUR 20200908</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="ADI1HJM98"/>
        </identifiers>
        <balance>9.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007600"/>
        <valUSD>67342.56000000</valUSD>
        <pctVal>0.191332940736</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Eurex Deutschland</counterpartyName>
              <counterpartyLei>529900LN3S50JPU47S06</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Euro-Buxl (FGBX)</indexName>
                <indexIdentifier>UBU0 Comdty</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-09-08</expDate>
            <notionalAmt>1919700.00000000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>67342.56000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CITYCON OYJ</name>
        <lei>549300P8N0P6KDGTJ206</lei>
        <title>Citycon Oyj</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2079413527"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007600"/>
        <valUSD>479037.75000000</valUSD>
        <pctVal>1.361036786119</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>EURO FX CURR FUT  SEP20 XCME 20200914</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="ADI1FXV73"/>
        </identifiers>
        <balance>-159.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-57438.75000000</valUSD>
        <pctVal>-0.16319434470</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Euro FX Currency Future</indexName>
                <indexIdentifier>ECU0 Curncy</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-09-14</expDate>
            <notionalAmt>-22308892.50000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-57438.75000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Orsted A/S</name>
        <lei>W9NG6WMZIYEU8VEDOG48</lei>
        <title>Orsted A/S</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1721760541"/>
        </identifiers>
        <balance>600000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007600"/>
        <valUSD>738075.85000000</valUSD>
        <pctVal>2.097012986547</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TenneT Holding BV</name>
        <lei>724500LTUWK3JQG63903</lei>
        <title>TenneT Holding BV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1632897929"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007600"/>
        <valUSD>365514.41000000</valUSD>
        <pctVal>1.038495521212</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.38000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Futures contracts value is represented by unrealized appreciation/depreciation." noteItem="C.2.c"/>
      <explntrNote note="If applicable, XX represents multinational securities and thus the country of investment is unknown." noteItem="C.5.a"/>
      <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>2020-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Natixis Funds Trust I</ncom:nameOfApplicant>
      <ncom:signature>John Sgroi</ncom:signature>
      <ncom:signerName>John Sgroi</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
