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        <pctVal>0.678538789516</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Befesa SA</name>
        <lei>222100VXGA8L6J4ZWG61</lei>
        <title>Befesa SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="LU1704650164"/>
          <ticker value="BFSA"/>
          <other otherDesc="SEDOL" value="BDZRDG3"/>
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        <balance>6376.00000000</balance>
        <units>NS</units>
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        <valUSD>220349.32000000</valUSD>
        <pctVal>0.021387250167</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Astena Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Astena Holdings Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3150000002"/>
          <ticker value="8095"/>
          <other otherDesc="SEDOL" value="6468066"/>
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        <balance>2100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>6469.93000000</valUSD>
        <pctVal>0.000627975668</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Modec Inc</name>
        <lei>N/A</lei>
        <title>Modec Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3888250002"/>
          <ticker value="6269"/>
          <other otherDesc="SEDOL" value="6622806"/>
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        <balance>129800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>9853714.16000000</valUSD>
        <pctVal>0.956407988105</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Deutsche Bank AG</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>Deutsche Bank AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0005140008"/>
          <ticker value="DBK"/>
          <other otherDesc="SEDOL" value="5750355"/>
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        <balance>251453.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>9690787.33000000</valUSD>
        <pctVal>0.940594202647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DWS Group GmbH &amp; Co KGaA</name>
        <lei>529900VM3464806ERS69</lei>
        <title>DWS Group GmbH &amp; Co KGaA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000DWS1007"/>
          <ticker value="DWS"/>
          <other otherDesc="SEDOL" value="BFMHVQ6"/>
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        <balance>8166.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>536701.92000000</valUSD>
        <pctVal>0.052092641940</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ASML Holding NV</name>
        <lei>724500Y6DUVHQD6OXN27</lei>
        <title>ASML Holding NV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0010273215"/>
          <ticker value="ASML"/>
          <other otherDesc="SEDOL" value="B929F46"/>
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        <balance>24449.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>26344305.84000000</valUSD>
        <pctVal>2.556995680750</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UniCredit SpA</name>
        <lei>549300TRUWO2CD2G5692</lei>
        <title>UniCredit SpA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0005239360"/>
          <ticker value="UCG"/>
          <other otherDesc="SEDOL" value="BYMXPS7"/>
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        <balance>179387.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Halma PLC</name>
        <lei>2138007FRGLUR9KGBT40</lei>
        <title>Halma PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0004052071"/>
          <ticker value="HLMA"/>
          <other otherDesc="SEDOL" value="0405207"/>
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        <balance>167525.00000000</balance>
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        <valUSD>7951560.93000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>J.P. MORGAN SECURITIES LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>CURRENCY CONTRACT - CHF</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="CCTCHF__00131304"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-419.38000000</valUSD>
        <pctVal>-0.00004070529</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>J.P. MORGAN SECURITIES LLC</counterpartyName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Shikoku Bank Ltd/The</name>
        <lei>353800WDXTE9PTGKDW46</lei>
        <title>Shikoku Bank Ltd/The</title>
        <cusip>000000000</cusip>
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          <isin value="JP3350000000"/>
          <ticker value="8387"/>
          <other otherDesc="SEDOL" value="6804143"/>
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        <balance>13800.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Dah Sing Banking Group Ltd</name>
        <lei>529900DXBMKJOLLQOM66</lei>
        <title>Dah Sing Banking Group Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="HK2356013600"/>
          <ticker value="2356"/>
          <other otherDesc="SEDOL" value="B01G0P1"/>
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        <balance>1516800.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>2081498.36000000</valUSD>
        <pctVal>0.202031602135</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bank of East Asia Ltd/The</name>
        <lei>CO6GC26LCGGRTUESIP55</lei>
        <title>Bank of East Asia Ltd/The</title>
        <cusip>000000000</cusip>
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          <isin value="HK0023000190"/>
          <ticker value="23"/>
          <other otherDesc="SEDOL" value="6075648"/>
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        <balance>605600.00000000</balance>
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        <valUSD>1035808.51000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sun Hung Kai Properties Ltd</name>
        <lei>529900LUMD393RD3S874</lei>
        <title>Sun Hung Kai Properties Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HK0016000132"/>
          <ticker value="16"/>
          <other otherDesc="SEDOL" value="6859927"/>
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        <balance>48000.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Legrand SA</name>
        <lei>969500XXRPGD7HCAFA90</lei>
        <title>Legrand SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0010307819"/>
          <ticker value="LR"/>
          <other otherDesc="SEDOL" value="B11ZRK9"/>
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        <balance>17301.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NatWest Group PLC</name>
        <lei>2138005O9XJIJN4JPN90</lei>
        <title>NatWest Group PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00BM8PJY71"/>
          <ticker value="NWG"/>
          <other otherDesc="SEDOL" value="BM8PJY7"/>
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        <balance>1529090.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fresenius SE &amp; Co KGaA</name>
        <lei>XDFJ0CYCOO1FXRFTQS51</lei>
        <title>Fresenius SE &amp; Co KGaA</title>
        <cusip>000000000</cusip>
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          <isin value="DE0005785604"/>
          <ticker value="FRE"/>
          <other otherDesc="SEDOL" value="4352097"/>
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        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tokio Marine Holdings Inc</name>
        <lei>5299009QN2NZ191KLS29</lei>
        <title>Tokio Marine Holdings Inc</title>
        <cusip>000000000</cusip>
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          <isin value="JP3910660004"/>
          <ticker value="8766"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WH Group Ltd</name>
        <lei>254900A4AYEDRWYSE928</lei>
        <title>WH Group Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="KYG960071028"/>
          <ticker value="288"/>
          <other otherDesc="SEDOL" value="BLLHKZ1"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Metals X Ltd</name>
        <lei>549300PYQIA9NE598013</lei>
        <title>Metals X Ltd</title>
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          <ticker value="MLX"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HONG KONG FUTURES EXCHANGE</name>
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        <title>HANG SENG IDX</title>
        <cusip>000000000</cusip>
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          <ticker value="HIF6"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG01XMMM963"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Dai-ichi Life Holdings Inc</name>
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        <title>Dai-ichi Life Holdings Inc</title>
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          <isin value="JP3476480003"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Banco BPM SpA</name>
        <lei>815600E4E6DCD2D25E30</lei>
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        <cusip>000000000</cusip>
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          <isin value="IT0005218380"/>
          <ticker value="BAMI"/>
          <other otherDesc="SEDOL" value="BYMD5K9"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Aisin Corp</name>
        <lei>3538004IOK08PDY6I723</lei>
        <title>Aisin Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3102000001"/>
          <ticker value="7259"/>
          <other otherDesc="SEDOL" value="6010702"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Procrea Holdings Inc</name>
        <lei>N/A</lei>
        <title>Procrea Holdings Inc</title>
        <cusip>000000000</cusip>
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          <isin value="JP3833850005"/>
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        <balance>39800.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Leonardo SpA</name>
        <lei>529900X4EEX1U9LN3U39</lei>
        <title>Leonardo SpA</title>
        <cusip>000000000</cusip>
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          <isin value="IT0003856405"/>
          <ticker value="LDO"/>
          <other otherDesc="SEDOL" value="B0DJNG0"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>IT</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Smiths Group PLC</name>
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        <title>Smiths Group PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00B1WY2338"/>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ASM International NV</name>
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        <title>ASM International NV</title>
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          <isin value="NL0000334118"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>H &amp; M Hennes &amp; Mauritz AB</name>
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        <title>H &amp; M Hennes &amp; Mauritz AB</title>
        <cusip>000000000</cusip>
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          <isin value="SE0000106270"/>
          <ticker value="HMB"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Goldman Sachs Financial Square Government Fund</name>
        <lei>549300BRJMXN4GUWZ402</lei>
        <title>Goldman Sachs Financial Square Government Fund</title>
        <cusip>38141W273</cusip>
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          <isin value="US38141W2733"/>
          <ticker value="FGTXX"/>
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        <curCd>USD</curCd>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TBC Bank Group PLC</name>
        <lei>213800T6NS9N2WQ3B328</lei>
        <title>TBC Bank Group PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00BYT18307"/>
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        <assetCat>EC</assetCat>
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        <invCountry>GE</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JPMorgan Chase Bank, National Association</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
        <title>CURRENCY CONTRACT - NOK</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
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        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sumida Corp</name>
        <lei>529900YR9T4HZ9236N62</lei>
        <title>Sumida Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3400800003"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Nippon Electric Glass Co Ltd</name>
        <lei>529900NCIGSAX4V03234</lei>
        <title>Nippon Electric Glass Co Ltd</title>
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          <isin value="JP3733400000"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SoftBank Group Corp</name>
        <lei>5493003BZYYYCDIO0R13</lei>
        <title>SoftBank Group Corp</title>
        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HSBC Holdings PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC Holdings PLC</title>
        <cusip>000000000</cusip>
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          <ticker value="HSBA"/>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Clas Ohlson AB</name>
        <lei>549300MH8OETHBBKJU80</lei>
        <title>Clas Ohlson AB</title>
        <cusip>000000000</cusip>
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      <invstOrSec>
        <name>NOK Corp</name>
        <lei>N/A</lei>
        <title>NOK Corp</title>
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          <isin value="JP3164800009"/>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Santen Pharmaceutical Co Ltd</name>
        <lei>529900TPT3I7C17MIM03</lei>
        <title>Santen Pharmaceutical Co Ltd</title>
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        <name>Mercedes-Benz Group AG</name>
        <lei>529900R27DL06UVNT076</lei>
        <title>Mercedes-Benz Group AG</title>
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          <ticker value="MBG"/>
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        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Computershare Ltd</name>
        <lei>21380085HOKTMGLV9G93</lei>
        <title>Computershare Ltd</title>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Banco di Desio e della Brianza</name>
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        <title>Banco di Desio e della Brianza SpA</title>
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        <assetCat>EC</assetCat>
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        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>OSAKA EXCHANGE,INC</name>
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        <name>JX Advanced Metals Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Airbus SE</name>
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        <fairValLevel>2</fairValLevel>
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          <isin value="JP3885780001"/>
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        <name>United Overseas Bank Ltd</name>
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        <name>Industria de Diseno Textil SA</name>
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        <name>Maxell Ltd</name>
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        <name>Spotify Technology SA</name>
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        <name>Knorr-Bremse AG</name>
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        <name>Credit Saison Co Ltd</name>
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        <name>San ju San Financial Group Inc</name>
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        <name>Shinmaywa Industries Ltd</name>
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        <name>Strabag SE</name>
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        <name>Ericsson</name>
        <lei>549300W9JLPW15XIFM52</lei>
        <title>Telefonaktiebolaget LM Ericsson</title>
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          <isin value="SE0000108656"/>
          <ticker value="ERICB"/>
          <other otherDesc="SEDOL" value="5959378"/>
        </identifiers>
        <balance>734463.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.20650000"/>
        <valUSD>7147823.35000000</valUSD>
        <pctVal>0.693772443416</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DNB Bank ASA</name>
        <lei>549300GKFG0RYRRQ1414</lei>
        <title>DNB Bank ASA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NO0010161896"/>
          <ticker value="DNB"/>
          <other otherDesc="SEDOL" value="BNG7113"/>
        </identifiers>
        <balance>64553.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="10.08000000"/>
        <valUSD>1798496.82000000</valUSD>
        <pctVal>0.174563286218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Northern Star Resources Ltd</name>
        <lei>254900XFXCRYYZAX6M78</lei>
        <title>Northern Star Resources Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000NST8"/>
          <ticker value="NST"/>
          <other otherDesc="SEDOL" value="6717456"/>
        </identifiers>
        <balance>451717.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.49846350"/>
        <valUSD>7949160.92000000</valUSD>
        <pctVal>0.771550795890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dassault Aviation SA</name>
        <lei>969500CVFTUT88V8QN95</lei>
        <title>Dassault Aviation SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0014004L86"/>
          <ticker value="AM"/>
          <other otherDesc="SEDOL" value="BMT9L19"/>
        </identifiers>
        <balance>12738.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>4083877.27000000</valUSD>
        <pctVal>0.396383818329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rio Tinto Ltd</name>
        <lei>529900X2VMAQT2PE0V24</lei>
        <title>Rio Tinto Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000RIO1"/>
          <ticker value="RIO"/>
          <other otherDesc="SEDOL" value="6220103"/>
        </identifiers>
        <balance>115883.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.49846350"/>
        <valUSD>11305048.06000000</valUSD>
        <pctVal>1.097275412594</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pandora A/S</name>
        <lei>5299007OWYZ6I1E46843</lei>
        <title>Pandora A/S</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DK0060252690"/>
          <ticker value="PNDORA"/>
          <other otherDesc="SEDOL" value="B44XTX8"/>
        </identifiers>
        <balance>7812.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.35565000"/>
        <valUSD>863898.28000000</valUSD>
        <pctVal>0.083850536202</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toda Corp</name>
        <lei>N/A</lei>
        <title>Toda Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3627000007"/>
          <ticker value="1860"/>
          <other otherDesc="SEDOL" value="6893884"/>
        </identifiers>
        <balance>17200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>139182.45000000</valUSD>
        <pctVal>0.013509140291</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hermes International SCA</name>
        <lei>969500Y4IJGHJE2MTJ13</lei>
        <title>Hermes International SCA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000052292"/>
          <ticker value="RMS"/>
          <other otherDesc="SEDOL" value="5253973"/>
        </identifiers>
        <balance>1708.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>4240711.40000000</valUSD>
        <pctVal>0.411606242311</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vodafone Group PLC</name>
        <lei>213800TB53ELEUKM7Q61</lei>
        <title>Vodafone Group PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BH4HKS39"/>
          <ticker value="VOD"/>
          <other otherDesc="SEDOL" value="BH4HKS3"/>
        </identifiers>
        <balance>6086686.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186650"/>
        <valUSD>8113617.71000000</valUSD>
        <pctVal>0.787513080273</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Endeavour Mining PLC</name>
        <lei>529900NI5MXQ91GHXR07</lei>
        <title>Endeavour Mining PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BL6K5J42"/>
          <ticker value="EDV"/>
          <other otherDesc="SEDOL" value="BL6K5J4"/>
        </identifiers>
        <balance>30379.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186650"/>
        <valUSD>1587228.28000000</valUSD>
        <pctVal>0.154057422540</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fujitsu Ltd</name>
        <lei>3538000246DHJLRTUZ24</lei>
        <title>Fujitsu Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3818000006"/>
          <ticker value="6702"/>
          <other otherDesc="SEDOL" value="6356945"/>
        </identifiers>
        <balance>65700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>1805627.53000000</valUSD>
        <pctVal>0.175255397629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Odfjell Drilling Ltd</name>
        <lei>529900M08ZU24JXMPB85</lei>
        <title>Odfjell Drilling Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG671801022"/>
          <ticker value="ODL"/>
          <other otherDesc="SEDOL" value="BDX87W2"/>
        </identifiers>
        <balance>37277.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="10.08000000"/>
        <valUSD>322530.54000000</valUSD>
        <pctVal>0.031305026699</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beazley PLC</name>
        <lei>213800VTOMUWD41GIT12</lei>
        <title>Beazley PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BYQ0JC66"/>
          <ticker value="BEZ"/>
          <other otherDesc="SEDOL" value="BYQ0JC6"/>
        </identifiers>
        <balance>17229.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186650"/>
        <valUSD>192665.18000000</valUSD>
        <pctVal>0.018700209300</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SpareBank 1 SMN</name>
        <lei>7V6Z97IO7R1SEAO84Q32</lei>
        <title>SpareBank 1 SMN</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NO0006390301"/>
          <ticker value="MING"/>
          <other otherDesc="SEDOL" value="B0LGG75"/>
        </identifiers>
        <balance>22109.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="10.08000000"/>
        <valUSD>451537.79000000</valUSD>
        <pctVal>0.043826555375</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yokohama Financial Group Inc</name>
        <lei>N/A</lei>
        <title>Yokohama Financial Group Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3305990008"/>
          <ticker value="7186"/>
          <other otherDesc="SEDOL" value="BD97JW7"/>
        </identifiers>
        <balance>246300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>2036166.60000000</valUSD>
        <pctVal>0.197631671645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cembra Money Bank AG</name>
        <lei>549300ZDHOETLAIVTE82</lei>
        <title>Cembra Money Bank AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0225173167"/>
          <ticker value="CMBN"/>
          <other otherDesc="SEDOL" value="BFSSBH4"/>
        </identifiers>
        <balance>6265.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.79210000"/>
        <valUSD>784649.98000000</valUSD>
        <pctVal>0.076158643994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Trelleborg AB</name>
        <lei>213800XY16PAWG2PAD14</lei>
        <title>Trelleborg AB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0000114837"/>
          <ticker value="TRELB"/>
          <other otherDesc="SEDOL" value="4902384"/>
        </identifiers>
        <balance>41487.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.20650000"/>
        <valUSD>1753720.23000000</valUSD>
        <pctVal>0.170217240894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsui E&amp;S Co Ltd</name>
        <lei>5493007T2YKKWF2NYN82</lei>
        <title>Mitsui E&amp;S Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3891600003"/>
          <ticker value="7003"/>
          <other otherDesc="SEDOL" value="6597380"/>
        </identifiers>
        <balance>82800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>2955922.29000000</valUSD>
        <pctVal>0.286903764861</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ST Engineering</name>
        <lei>254900OEXGGWCR24DG90</lei>
        <title>Singapore Technologies Engineering Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SG1F60858221"/>
          <ticker value="STE"/>
          <other otherDesc="SEDOL" value="6043214"/>
        </identifiers>
        <balance>29800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.28540000"/>
        <valUSD>194716.03000000</valUSD>
        <pctVal>0.018899266152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>QBE Insurance Group Ltd</name>
        <lei>549300D2FBW76FPUSG65</lei>
        <title>QBE Insurance Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000QBE9"/>
          <ticker value="QBE"/>
          <other otherDesc="SEDOL" value="6715740"/>
        </identifiers>
        <balance>147665.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.49846350"/>
        <valUSD>1955003.42000000</valUSD>
        <pctVal>0.189753919923</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Next PLC</name>
        <lei>213800WQD8ECPZP9PH98</lei>
        <title>Next PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0032089863"/>
          <ticker value="NXT"/>
          <other otherDesc="SEDOL" value="3208986"/>
        </identifiers>
        <balance>15449.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186650"/>
        <valUSD>2844166.50000000</valUSD>
        <pctVal>0.276056674258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Insurance Australia Group Ltd</name>
        <lei>549300PFEWKNHRG25N08</lei>
        <title>Insurance Australia Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000IAG3"/>
          <ticker value="IAG"/>
          <other otherDesc="SEDOL" value="6271026"/>
        </identifiers>
        <balance>517876.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.49846350"/>
        <valUSD>2748479.63000000</valUSD>
        <pctVal>0.266769243616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Boliden AB</name>
        <lei>21380059QU7IM1ONDJ56</lei>
        <title>Boliden AB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0020050417"/>
          <ticker value="BOL"/>
          <other otherDesc="SEDOL" value="BPYTZ57"/>
        </identifiers>
        <balance>186765.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.20650000"/>
        <valUSD>10346085.28000000</valUSD>
        <pctVal>1.004197853392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LVMH Moet Hennessy Louis Vuitt</name>
        <lei>IOG4E947OATN0KJYSD45</lei>
        <title>LVMH Moet Hennessy Louis Vuitton SE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000121014"/>
          <ticker value="MC"/>
          <other otherDesc="SEDOL" value="4061412"/>
        </identifiers>
        <balance>9037.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>6811513.97000000</valUSD>
        <pctVal>0.661130033429</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Imperial Brands PLC</name>
        <lei>549300DFVPOB67JL3A42</lei>
        <title>Imperial Brands PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0004544929"/>
          <ticker value="IMB"/>
          <other otherDesc="SEDOL" value="0454492"/>
        </identifiers>
        <balance>236123.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186650"/>
        <valUSD>9914857.50000000</valUSD>
        <pctVal>0.962342600967</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Westpac Banking Corp</name>
        <lei>EN5TNI6CI43VEPAMHL14</lei>
        <title>Westpac Banking Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000WBC1"/>
          <ticker value="WBC"/>
          <other otherDesc="SEDOL" value="6076146"/>
        </identifiers>
        <balance>310946.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.49846350"/>
        <valUSD>7979352.17000000</valUSD>
        <pctVal>0.774481178505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Evolution Mining Ltd</name>
        <lei>254900BCFW5QO5LW8F27</lei>
        <title>Evolution Mining Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000EVN4"/>
          <ticker value="EVN"/>
          <other otherDesc="SEDOL" value="B3X0F91"/>
        </identifiers>
        <balance>790719.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.49846350"/>
        <valUSD>6617325.19000000</valUSD>
        <pctVal>0.642281942508</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Mitsui Financial Grou</name>
        <lei>35380028MYWPB6AUO129</lei>
        <title>Sumitomo Mitsui Financial Group Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3890350006"/>
          <ticker value="8316"/>
          <other otherDesc="SEDOL" value="6563024"/>
        </identifiers>
        <balance>174500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>5612167.07000000</valUSD>
        <pctVal>0.544720633171</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kansai Electric Power Co Inc/T</name>
        <lei>353800PFUKP5ONPJNZ86</lei>
        <title>Kansai Electric Power Co Inc/The</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3228600007"/>
          <ticker value="9503"/>
          <other otherDesc="SEDOL" value="6483489"/>
        </identifiers>
        <balance>40100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>629758.08000000</valUSD>
        <pctVal>0.061124734136</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>InterContinental Hotels Group</name>
        <lei>2138007ZFQYRUSLU3J98</lei>
        <title>InterContinental Hotels Group PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BHJYC057"/>
          <ticker value="IHG"/>
          <other otherDesc="SEDOL" value="BHJYC05"/>
        </identifiers>
        <balance>2699.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186650"/>
        <valUSD>379287.68000000</valUSD>
        <pctVal>0.036813912099</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oversea-Chinese Banking Corp L</name>
        <lei>5493007O3QFXCPOGWK22</lei>
        <title>Oversea-Chinese Banking Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SG1S04926220"/>
          <ticker value="OCBC"/>
          <other otherDesc="SEDOL" value="B0F9V20"/>
        </identifiers>
        <balance>37600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.28540000"/>
        <valUSD>577657.19000000</valUSD>
        <pctVal>0.056067787428</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Klepierre SA</name>
        <lei>969500PB4U31KEFHZ621</lei>
        <title>Klepierre SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000121964"/>
          <ticker value="LI"/>
          <other otherDesc="SEDOL" value="7582556"/>
        </identifiers>
        <balance>48289.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>1910570.44000000</valUSD>
        <pctVal>0.185441225611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Singapore Exchange Ltd</name>
        <lei>549300IQ650PPXM76X03</lei>
        <title>Singapore Exchange Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SG1J26887955"/>
          <ticker value="SGX"/>
          <other otherDesc="SEDOL" value="6303866"/>
        </identifiers>
        <balance>380800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.28540000"/>
        <valUSD>5012826.44000000</valUSD>
        <pctVal>0.486548236771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nordea Bank Abp</name>
        <lei>529900ODI3047E2LIV03</lei>
        <title>Nordea Bank Abp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FI4000297767"/>
          <ticker value="NDA"/>
          <other otherDesc="SEDOL" value="BFM0SV9"/>
        </identifiers>
        <balance>564728.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>10624946.78000000</valUSD>
        <pctVal>1.031264334299</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kinden Corp</name>
        <lei>35380008T6JUN5TU9T34</lei>
        <title>Kinden Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3263000006"/>
          <ticker value="1944"/>
          <other otherDesc="SEDOL" value="6492924"/>
        </identifiers>
        <balance>31300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>1357710.68000000</valUSD>
        <pctVal>0.131780293075</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Safran SA</name>
        <lei>969500UIC89GT3UL7L24</lei>
        <title>Safran SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000073272"/>
          <ticker value="SAF"/>
          <other otherDesc="SEDOL" value="B058TZ6"/>
        </identifiers>
        <balance>43110.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>15015957.72000000</valUSD>
        <pctVal>1.457458748982</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japan Tobacco Inc</name>
        <lei>353800Z0ENYBQO0XRJ31</lei>
        <title>Japan Tobacco Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3726800000"/>
          <ticker value="2914"/>
          <other otherDesc="SEDOL" value="6474535"/>
        </identifiers>
        <balance>246300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>8852590.42000000</valUSD>
        <pctVal>0.859238258349</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seikitokyu Kogyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Seikitokyu Kogyo Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3414600001"/>
          <ticker value="1898"/>
          <other otherDesc="SEDOL" value="6793359"/>
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        <balance>32400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>340955.37000000</valUSD>
        <pctVal>0.033093352837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DCC PLC</name>
        <lei>213800UPS1QEE4TD3T45</lei>
        <title>DCC PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IE0002424939"/>
          <ticker value="DCC"/>
          <other otherDesc="SEDOL" value="0242493"/>
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        <balance>6346.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186650"/>
        <valUSD>395348.06000000</valUSD>
        <pctVal>0.038372743163</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fisher &amp; Paykel Healthcare Cor</name>
        <lei>N/A</lei>
        <title>Fisher &amp; Paykel Healthcare Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NZFAPE0001S2"/>
          <ticker value="FPH"/>
          <other otherDesc="SEDOL" value="6340250"/>
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        <balance>76608.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.73686500"/>
        <valUSD>1664457.08000000</valUSD>
        <pctVal>0.161553300747</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sandvik AB</name>
        <lei>5299008ZUAXN43LVZF54</lei>
        <title>Sandvik AB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0000667891"/>
          <ticker value="SAND"/>
          <other otherDesc="SEDOL" value="B1VQ252"/>
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        <balance>228237.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.20650000"/>
        <valUSD>7372304.32000000</valUSD>
        <pctVal>0.715560714254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tsukishima Holdings Co Ltd</name>
        <lei>353800K8E7URAH6LTR26</lei>
        <title>Tsukishima Holdings Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3532200007"/>
          <ticker value="6332"/>
          <other otherDesc="SEDOL" value="6906823"/>
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        <balance>14000.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>252330.26000000</valUSD>
        <pctVal>0.024491341273</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsui Fudosan Co Ltd</name>
        <lei>353800ND4ZKNZDYKMF33</lei>
        <title>Mitsui Fudosan Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3893200000"/>
          <ticker value="8801"/>
          <other otherDesc="SEDOL" value="6597603"/>
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        <balance>35600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>404568.12000000</valUSD>
        <pctVal>0.039267648261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banco Comercial Portugues SA</name>
        <lei>JU1U6S0DG9YLT7N8ZV32</lei>
        <title>Banco Comercial Portugues SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="PTBCP0AM0015"/>
          <ticker value="BCP"/>
          <other otherDesc="SEDOL" value="BZCNN35"/>
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        <balance>819982.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>863161.42000000</valUSD>
        <pctVal>0.083779016085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi Electric Corp</name>
        <lei>549300TRXM9Y6561AX39</lei>
        <title>Mitsubishi Electric Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3902400005"/>
          <ticker value="6503"/>
          <other otherDesc="SEDOL" value="6597045"/>
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        <balance>301400.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>CURRENCY CONTRACT - DKK</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="CCTDKK__00131324"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-1247.90000000</valUSD>
        <pctVal>-0.00012112199</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>DEUTSCHE BANK AKTIENGESELLSCHAFT</counterpartyName>
              <counterpartyLei>7LTWFZYICNSX8D621K86</counterpartyLei>
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            <amtCurSold>-2096304.34000000</amtCurSold>
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            <amtCurPur>13313000.00000000</amtCurPur>
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            <settlementDt>2026-01-05</settlementDt>
            <unrealizedAppr>-1247.90000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Noritsu Koki Co Ltd</name>
        <lei>N/A</lei>
        <title>Noritsu Koki Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3759500006"/>
          <ticker value="7744"/>
          <other otherDesc="SEDOL" value="6648783"/>
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        <balance>16800.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>199433.21000000</valUSD>
        <pctVal>0.019357118751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Novo Nordisk A/S</name>
        <lei>549300DAQ1CVT6CXN342</lei>
        <title>Novo Nordisk A/S</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DK0062498333"/>
          <ticker value="NOVOB"/>
          <other otherDesc="SEDOL" value="BP6KMJ1"/>
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        <balance>123062.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.35565000"/>
        <valUSD>6241517.44000000</valUSD>
        <pctVal>0.605805794707</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Sanofi SA</name>
        <lei>549300E9PC51EN656011</lei>
        <title>Sanofi SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000120578"/>
          <ticker value="SAN"/>
          <other otherDesc="SEDOL" value="5671735"/>
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        <balance>119082.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
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        <pctVal>1.118314718741</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Tele2 AB</name>
        <lei>213800EKD193RVI9HL76</lei>
        <title>Tele2 AB</title>
        <cusip>000000000</cusip>
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          <isin value="SE0005190238"/>
          <ticker value="TEL2B"/>
          <other otherDesc="SEDOL" value="B97C733"/>
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        <balance>11971.00000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.20650000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Erste Group Bank AG</name>
        <lei>PQOH26KWDF7CG10L6792</lei>
        <title>Erste Group Bank AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AT0000652011"/>
          <ticker value="EBS"/>
          <other otherDesc="SEDOL" value="5289837"/>
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        <balance>45409.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
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        <pctVal>0.528492579233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Press Kogyo Co Ltd</name>
        <lei>353800Z8ABLQL0MHSA16</lei>
        <title>Press Kogyo Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3833600004"/>
          <ticker value="7246"/>
          <other otherDesc="SEDOL" value="6701006"/>
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        <balance>43500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>225642.41000000</valUSD>
        <pctVal>0.021901000970</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Schindler Holding AG</name>
        <lei>5299007DRLI319H7Q933</lei>
        <title>Schindler Holding AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0024638196"/>
          <ticker value="SCHP"/>
          <other otherDesc="SEDOL" value="B11TCY0"/>
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        <balance>18712.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.79210000"/>
        <valUSD>7036930.63000000</valUSD>
        <pctVal>0.683009122955</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sogefi SpA</name>
        <lei>5493005HPJ40IY377O47</lei>
        <title>Sogefi SpA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0000076536"/>
          <ticker value="SGF"/>
          <other otherDesc="SEDOL" value="4820668"/>
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        <balance>79124.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
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        <pctVal>0.030456411770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Compass Group PLC</name>
        <lei>2138008M6MH9OZ6U2T68</lei>
        <title>Compass Group PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BD6K4575"/>
          <ticker value="CPG"/>
          <other otherDesc="SEDOL" value="BD6K457"/>
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        <balance>105386.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186650"/>
        <valUSD>3339164.35000000</valUSD>
        <pctVal>0.324101491689</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pro Medicus Ltd</name>
        <lei>98450085A903D1BMFF27</lei>
        <title>Pro Medicus Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000PME8"/>
          <ticker value="PME"/>
          <other otherDesc="SEDOL" value="6292782"/>
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        <balance>27583.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.49846350"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TDK Corp</name>
        <lei>3538005O8WNU39U8NX03</lei>
        <title>TDK Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3538800008"/>
          <ticker value="6762"/>
          <other otherDesc="SEDOL" value="6869302"/>
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        <balance>360900.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Namura Shipbuilding Co Ltd</name>
        <lei>353800L4EGBFKO3C4X44</lei>
        <title>Namura Shipbuilding Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3651400008"/>
          <ticker value="7014"/>
          <other otherDesc="SEDOL" value="6621063"/>
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        <balance>14100.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UCB SA</name>
        <lei>2138008J191VLSGY5A09</lei>
        <title>UCB SA</title>
        <cusip>000000000</cusip>
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          <isin value="BE0003739530"/>
          <ticker value="UCB"/>
          <other otherDesc="SEDOL" value="5596991"/>
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        <balance>28887.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BBVA</name>
        <lei>K8MS7FD7N5Z2WQ51AZ71</lei>
        <title>Banco Bilbao Vizcaya Argentaria SA</title>
        <cusip>000000000</cusip>
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          <isin value="ES0113211835"/>
          <ticker value="BBVA"/>
          <other otherDesc="SEDOL" value="5501906"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Aena SME SA</name>
        <lei>959800R7QMXKF0NFMT29</lei>
        <title>Aena SME SA</title>
        <cusip>000000000</cusip>
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          <isin value="ES0105046017"/>
          <ticker value="AENA"/>
          <other otherDesc="SEDOL" value="BTMKJR0"/>
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        <balance>65763.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mitsubishi HC Capital Inc</name>
        <lei>353800MZ3QX9RLMH7B09</lei>
        <title>Mitsubishi HC Capital Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3499800005"/>
          <ticker value="8593"/>
          <other otherDesc="SEDOL" value="6268976"/>
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        <balance>429100.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SG Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>SG Holdings Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="JP3162770006"/>
          <ticker value="9143"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DAH SING</name>
        <lei>529900J55QMXMR5KMH32</lei>
        <title>Dah Sing Financial Holdings Ltd</title>
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          <isin value="HK0440001847"/>
          <ticker value="440"/>
          <other otherDesc="SEDOL" value="6249799"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Banca Mediolanum SpA</name>
        <lei>7LVZJ6XRIE7VNZ4UBX81</lei>
        <title>Banca Mediolanum SpA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0004776628"/>
          <ticker value="BMED"/>
          <other otherDesc="SEDOL" value="BYWP840"/>
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        <balance>88201.00000000</balance>
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        <pctVal>0.194387198796</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aviva PLC</name>
        <lei>YF0Y5B0IB8SM0ZFG9G81</lei>
        <title>Aviva PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BPQY8M80"/>
          <ticker value="AV/"/>
          <other otherDesc="SEDOL" value="BPQY8M8"/>
        </identifiers>
        <balance>665007.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186650"/>
        <valUSD>6114695.02000000</valUSD>
        <pctVal>0.593496327069</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Distribuidora Internacional de</name>
        <lei>54930063C6K2TNFL6H10</lei>
        <title>Distribuidora Internacional de Alimentacion SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ES0126775008"/>
          <ticker value="DIA"/>
          <other otherDesc="SEDOL" value="BTG0DY1"/>
        </identifiers>
        <balance>10120.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>435411.79000000</valUSD>
        <pctVal>0.042261355191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CaixaBank SA</name>
        <lei>7CUNS533WID6K7DGFI87</lei>
        <title>CaixaBank SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ES0140609019"/>
          <ticker value="CABK"/>
          <other otherDesc="SEDOL" value="B283W97"/>
        </identifiers>
        <balance>114769.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>1403180.95000000</valUSD>
        <pctVal>0.136193667438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GSK PLC</name>
        <lei>5493000HZTVUYLO1D793</lei>
        <title>GSK PLC</title>
        <cusip>37733W204</cusip>
        <identifiers>
          <isin value="US37733W2044"/>
          <ticker value="GSK"/>
        </identifiers>
        <balance>5592.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>274231.68000000</valUSD>
        <pctVal>0.026617107527</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cie de Saint-Gobain SA</name>
        <lei>NFONVGN05Z0FMN5PEC35</lei>
        <title>Cie de Saint-Gobain SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000125007"/>
          <ticker value="SGO"/>
          <other otherDesc="SEDOL" value="7380482"/>
        </identifiers>
        <balance>64671.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>6576521.04000000</valUSD>
        <pctVal>0.638321464827</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Allianz SE</name>
        <lei>529900K9B0N5BT694847</lei>
        <title>Allianz SE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0008404005"/>
          <ticker value="ALV"/>
          <other otherDesc="SEDOL" value="5231485"/>
        </identifiers>
        <balance>10606.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>4903976.41000000</valUSD>
        <pctVal>0.475983181148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bankinter SA</name>
        <lei>VWMYAEQSTOPNV0SUGU82</lei>
        <title>Bankinter SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ES0113679I37"/>
          <ticker value="BKT"/>
          <other otherDesc="SEDOL" value="5474008"/>
        </identifiers>
        <balance>105372.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>1746562.43000000</valUSD>
        <pctVal>0.169522500110</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nestle SA</name>
        <lei>KY37LUS27QQX7BB93L28</lei>
        <title>Nestle SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0038863350"/>
          <ticker value="NESN"/>
          <other otherDesc="SEDOL" value="7123870"/>
        </identifiers>
        <balance>170664.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.79210000"/>
        <valUSD>16939958.68000000</valUSD>
        <pctVal>1.644203549713</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coca-Cola HBC AG</name>
        <lei>549300EFP3TNG7JGVE49</lei>
        <title>Coca-Cola HBC AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0198251305"/>
          <ticker value="CCH"/>
          <other otherDesc="SEDOL" value="B9895B7"/>
        </identifiers>
        <balance>60234.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186650"/>
        <valUSD>3116123.55000000</valUSD>
        <pctVal>0.302453004699</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Obayashi Corp</name>
        <lei>529900YT4O5S0LCXWD54</lei>
        <title>Obayashi Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3190000004"/>
          <ticker value="1802"/>
          <other otherDesc="SEDOL" value="6656407"/>
        </identifiers>
        <balance>286600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>5997939.87000000</valUSD>
        <pctVal>0.582163995291</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BPER Banca SPA</name>
        <lei>N747OI7JINV7RUUH6190</lei>
        <title>BPER Banca SPA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0000066123"/>
          <ticker value="BPE"/>
          <other otherDesc="SEDOL" value="4116099"/>
        </identifiers>
        <balance>47204.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>637843.48000000</valUSD>
        <pctVal>0.061909508387</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Thales SA</name>
        <lei>529900FNDVTQJOVVPZ19</lei>
        <title>Thales SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000121329"/>
          <ticker value="HO"/>
          <other otherDesc="SEDOL" value="4162791"/>
        </identifiers>
        <balance>31317.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>8448260.79000000</valUSD>
        <pctVal>0.819993758085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eurofins Scientific SE</name>
        <lei>529900JEHFM47DYY3S57</lei>
        <title>Eurofins Scientific SE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0014000MR3"/>
          <ticker value="ERF"/>
          <other otherDesc="SEDOL" value="BNDPYV1"/>
        </identifiers>
        <balance>27624.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>2020100.98000000</valUSD>
        <pctVal>0.196072331983</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SingTel</name>
        <lei>2549003XJKIQO8YDYD89</lei>
        <title>Singapore Telecommunications Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SG1T75931496"/>
          <ticker value="ST"/>
          <other otherDesc="SEDOL" value="B02PY11"/>
        </identifiers>
        <balance>904900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.28540000"/>
        <valUSD>3201535.36000000</valUSD>
        <pctVal>0.310743131248</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tesco PLC</name>
        <lei>2138002P5RNKC5W2JZ46</lei>
        <title>Tesco PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BLGZ9862"/>
          <ticker value="TSCO"/>
          <other otherDesc="SEDOL" value="BLGZ986"/>
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        <balance>1793840.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186650"/>
        <valUSD>10667671.30000000</valUSD>
        <pctVal>1.035411204357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Takeda Pharmaceutical Co Ltd</name>
        <lei>549300ZLMVP4X0OGR454</lei>
        <title>Takeda Pharmaceutical Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3463000004"/>
          <ticker value="4502"/>
          <other otherDesc="SEDOL" value="6870445"/>
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        <balance>268400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>8337917.66000000</valUSD>
        <pctVal>0.809283781192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Central Japan Railway Co</name>
        <lei>353800YAR3OVUITHTG64</lei>
        <title>Central Japan Railway Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3566800003"/>
          <ticker value="9022"/>
          <other otherDesc="SEDOL" value="6183552"/>
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        <balance>114800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>3179959.85000000</valUSD>
        <pctVal>0.308648998033</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toenec Corp</name>
        <lei>N/A</lei>
        <title>Toenec Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3552230009"/>
          <ticker value="1946"/>
          <other otherDesc="SEDOL" value="6895620"/>
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        <balance>9700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>119824.41000000</valUSD>
        <pctVal>0.011630236176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JOST Werke SE</name>
        <lei>529900G977BSS7DATK68</lei>
        <title>JOST Werke SE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000JST4000"/>
          <ticker value="JST"/>
          <other otherDesc="SEDOL" value="BDC3R17"/>
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        <balance>808.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>51138.87000000</valUSD>
        <pctVal>0.004963572413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lloyds Banking Group PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>Lloyds Banking Group PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0008706128"/>
          <ticker value="LLOY"/>
          <other otherDesc="SEDOL" value="0870612"/>
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        <balance>6782525.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186650"/>
        <valUSD>8971348.04000000</valUSD>
        <pctVal>0.870764951185</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rheinmetall AG</name>
        <lei>5299001OU9CSE29O6S05</lei>
        <title>Rheinmetall AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0007030009"/>
          <ticker value="RHM"/>
          <other otherDesc="SEDOL" value="5334588"/>
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        <balance>596.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>1087339.92000000</valUSD>
        <pctVal>0.105537928986</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TPR Co Ltd</name>
        <lei>N/A</lei>
        <title>TPR Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3542400001"/>
          <ticker value="6463"/>
          <other otherDesc="SEDOL" value="6880927"/>
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        <balance>80000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>659672.18000000</valUSD>
        <pctVal>0.064028216390</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nojima Corp</name>
        <lei>N/A</lei>
        <title>Nojima Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3761600000"/>
          <ticker value="7419"/>
          <other otherDesc="SEDOL" value="6616876"/>
        </identifiers>
        <balance>56100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>426151.58000000</valUSD>
        <pctVal>0.041362553108</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hokuhoku Financial Group Inc</name>
        <lei>N/A</lei>
        <title>Hokuhoku Financial Group Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3842400008"/>
          <ticker value="8377"/>
          <other otherDesc="SEDOL" value="6683591"/>
        </identifiers>
        <balance>4400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>128844.34000000</valUSD>
        <pctVal>0.012505716524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MS&amp;AD Insurance Group Holdings</name>
        <lei>529900CXROT5S2HMMP26</lei>
        <title>MS&amp;AD Insurance Group Holdings Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3890310000"/>
          <ticker value="8725"/>
          <other otherDesc="SEDOL" value="B2Q4CS1"/>
        </identifiers>
        <balance>412200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>9677229.84000000</valUSD>
        <pctVal>0.939278303736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Mitsui Trust Group In</name>
        <lei>353800P843RLCDBLNT17</lei>
        <title>Sumitomo Mitsui Trust Group Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3892100003"/>
          <ticker value="8309"/>
          <other otherDesc="SEDOL" value="6431897"/>
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        <balance>153100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>4665701.99000000</valUSD>
        <pctVal>0.452856108965</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SKF AB</name>
        <lei>549300B6HWYEE57O8J84</lei>
        <title>SKF AB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0000108227"/>
          <ticker value="SKFB"/>
          <other otherDesc="SEDOL" value="B1Q3J35"/>
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        <balance>47217.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.20650000"/>
        <valUSD>1249779.00000000</valUSD>
        <pctVal>0.121304373108</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAP SE</name>
        <lei>529900D6BF99LW9R2E68</lei>
        <title>SAP SE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0007164600"/>
          <ticker value="SAP"/>
          <other otherDesc="SEDOL" value="4846288"/>
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        <balance>43675.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>10611656.76000000</valUSD>
        <pctVal>1.029974396202</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Electric Power Development Co</name>
        <lei>549300KMHPUAQI8VEH90</lei>
        <title>Electric Power Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3551200003"/>
          <ticker value="9513"/>
          <other otherDesc="SEDOL" value="B02Q328"/>
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        <balance>261200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>5281990.51000000</valUSD>
        <pctVal>0.512673478734</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>E.ON SE</name>
        <lei>Q9MAIUP40P25UFBFG033</lei>
        <title>E.ON SE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000ENAG999"/>
          <ticker value="EOAN"/>
          <other otherDesc="SEDOL" value="4942904"/>
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        <balance>440524.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>8341292.02000000</valUSD>
        <pctVal>0.809611298796</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rubis SCA</name>
        <lei>969500MGFIKUGLTC9742</lei>
        <title>Rubis SCA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0013269123"/>
          <ticker value="RUI"/>
          <other otherDesc="SEDOL" value="BDT88L2"/>
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        <balance>19184.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>720310.56000000</valUSD>
        <pctVal>0.069913817502</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cie Financiere Richemont SA</name>
        <lei>549300YIPGJ6UX2QPS51</lei>
        <title>Cie Financiere Richemont SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0210483332"/>
          <ticker value="CFR"/>
          <other otherDesc="SEDOL" value="BCRWZ18"/>
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        <balance>3855.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.79210000"/>
        <valUSD>831334.78000000</valUSD>
        <pctVal>0.080689901439</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AstraZeneca PLC</name>
        <lei>PY6ZZQWO2IZFZC3IOL08</lei>
        <title>AstraZeneca PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0009895292"/>
          <ticker value="AZN"/>
          <other otherDesc="SEDOL" value="0989529"/>
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        <balance>122541.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186650"/>
        <valUSD>22677381.39000000</valUSD>
        <pctVal>2.201081577823</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AcadeMedia AB</name>
        <lei>549300H47PGHY4JNKO68</lei>
        <title>AcadeMedia AB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0007897079"/>
          <ticker value="ACAD"/>
          <other otherDesc="SEDOL" value="BDHFV61"/>
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        <balance>16465.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.20650000"/>
        <valUSD>176461.77000000</valUSD>
        <pctVal>0.017127495651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daido Metal Co Ltd</name>
        <lei>3538008B818OTAF32670</lei>
        <title>Daido Metal Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3491800003"/>
          <ticker value="7245"/>
          <other otherDesc="SEDOL" value="6249896"/>
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        <balance>128600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>804584.26000000</valUSD>
        <pctVal>0.078093478344</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ENEOS Holdings Inc</name>
        <lei>3538001KQ5SAOZSQTT44</lei>
        <title>ENEOS Holdings Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3386450005"/>
          <ticker value="5020"/>
          <other otherDesc="SEDOL" value="B627LW9"/>
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        <balance>1033300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>7310706.27000000</valUSD>
        <pctVal>0.709581966940</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KDDI Corp</name>
        <lei>5299003FU7V4I45FU310</lei>
        <title>KDDI Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3496400007"/>
          <ticker value="9433"/>
          <other otherDesc="SEDOL" value="6248990"/>
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        <balance>15800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>273461.72000000</valUSD>
        <pctVal>0.026542374702</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Musashino Bank Ltd/The</name>
        <lei>353800L8RJMVN2OOS612</lei>
        <title>Musashino Bank Ltd/The</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3912800004"/>
          <ticker value="8336"/>
          <other otherDesc="SEDOL" value="6611440"/>
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        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Shindengen Electric Manufactur</name>
        <lei>353800ZRD3NQDG2I7X35</lei>
        <title>Shindengen Electric Manufacturing Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3377800002"/>
          <ticker value="6844"/>
          <other otherDesc="SEDOL" value="6804541"/>
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        <balance>7500.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Technogym SpA</name>
        <lei>815600B9149F66E77F76</lei>
        <title>Technogym SpA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0005162406"/>
          <ticker value="TGYM"/>
          <other otherDesc="SEDOL" value="BD9Y5C0"/>
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        <balance>48132.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
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        <pctVal>0.088164120560</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hitachi Construction Machinery</name>
        <lei>5493009B7C53PDH8W826</lei>
        <title>Hitachi Construction Machinery Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3787000003"/>
          <ticker value="6305"/>
          <other otherDesc="SEDOL" value="6429405"/>
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        <balance>33000.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>975470.90000000</valUSD>
        <pctVal>0.094679848205</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Awa Bank Ltd/The</name>
        <lei>353800YH8XWV0XAHXR13</lei>
        <title>Awa Bank Ltd/The</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3126800006"/>
          <ticker value="8388"/>
          <other otherDesc="SEDOL" value="6068961"/>
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        <balance>15800.00000000</balance>
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        <valUSD>441978.66000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Unicaja Banco SA</name>
        <lei>5493007SJLLCTM6J6M37</lei>
        <title>Unicaja Banco SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ES0180907000"/>
          <ticker value="UNI"/>
          <other otherDesc="SEDOL" value="BH4H4H0"/>
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        <balance>314104.00000000</balance>
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        <valUSD>1022095.59000000</valUSD>
        <pctVal>0.099205271333</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Vestas Wind Systems A/S</name>
        <lei>549300DYMC8BGZZC8844</lei>
        <title>Vestas Wind Systems A/S</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DK0061539921"/>
          <ticker value="VWS"/>
          <other otherDesc="SEDOL" value="BN4MYF5"/>
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        <balance>385094.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.35565000"/>
        <valUSD>10415722.76000000</valUSD>
        <pctVal>1.010956913079</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Thompson Co Ltd</name>
        <lei>353800F1TL8X5AMTY686</lei>
        <title>Nippon Thompson Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3739400004"/>
          <ticker value="6480"/>
          <other otherDesc="SEDOL" value="6643562"/>
        </identifiers>
        <balance>76300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>398373.03000000</valUSD>
        <pctVal>0.038666348744</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Siemens Energy AG</name>
        <lei>5299005CHJZ14D4FDJ62</lei>
        <title>Siemens Energy AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000ENER6Y0"/>
          <ticker value="ENR"/>
          <other otherDesc="SEDOL" value="BMTVQK9"/>
        </identifiers>
        <balance>16122.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>2261733.77000000</valUSD>
        <pctVal>0.219525369771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MTU Aero Engines AG</name>
        <lei>529900807L67JY81RD65</lei>
        <title>MTU Aero Engines AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000A0D9PT0"/>
          <ticker value="MTX"/>
          <other otherDesc="SEDOL" value="B09DHL9"/>
        </identifiers>
        <balance>2401.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>995282.73000000</valUSD>
        <pctVal>0.096602797477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dowlais Group PLC</name>
        <lei>213800XM8WOFLY6VPC92</lei>
        <title>Dowlais Group PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BMWRZ071"/>
          <ticker value="DWL"/>
          <other otherDesc="SEDOL" value="BMWRZ07"/>
        </identifiers>
        <balance>187218.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186650"/>
        <valUSD>211590.12000000</valUSD>
        <pctVal>0.020537076445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alcon AG</name>
        <lei>549300LDT5AP8S0NBM78</lei>
        <title>Alcon AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0432492467"/>
          <ticker value="ALC"/>
          <other otherDesc="SEDOL" value="BJT1GR5"/>
        </identifiers>
        <balance>99359.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.79210000"/>
        <valUSD>7862090.14000000</valUSD>
        <pctVal>0.763099648620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hannover Rueck SE</name>
        <lei>529900KIN5BE45V5KB18</lei>
        <title>Hannover Rueck SE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0008402215"/>
          <ticker value="HNR1"/>
          <other otherDesc="SEDOL" value="4511809"/>
        </identifiers>
        <balance>12330.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>3836867.94000000</valUSD>
        <pctVal>0.372408930027</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANA Holdings Inc</name>
        <lei>5493008IRKIY0G3TE305</lei>
        <title>ANA Holdings Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3429800000"/>
          <ticker value="9202"/>
          <other otherDesc="SEDOL" value="6014908"/>
        </identifiers>
        <balance>18900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>358943.08000000</valUSD>
        <pctVal>0.034839251820</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Volvo AB</name>
        <lei>549300HGV012CNC8JD22</lei>
        <title>Volvo AB</title>
        <cusip>928856301</cusip>
        <identifiers>
          <isin value="SE0000115446"/>
          <ticker value="VOLVB"/>
          <other otherDesc="SEDOL" value="B1QH830"/>
        </identifiers>
        <balance>68744.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.20650000"/>
        <valUSD>2187752.86000000</valUSD>
        <pctVal>0.212344733907</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Iriso Electronics Co Ltd</name>
        <lei>N/A</lei>
        <title>Iriso Electronics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3149800009"/>
          <ticker value="6908"/>
          <other otherDesc="SEDOL" value="6461128"/>
        </identifiers>
        <balance>6600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>135495.10000000</valUSD>
        <pctVal>0.013151243671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>North Pacific Bank Ltd</name>
        <lei>549300A1ZLTL4KX3DZ92</lei>
        <title>North Pacific Bank Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3843400007"/>
          <ticker value="8524"/>
          <other otherDesc="SEDOL" value="B7VKZP7"/>
        </identifiers>
        <balance>33800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>182842.49000000</valUSD>
        <pctVal>0.017746812538</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sandfire Resources Ltd</name>
        <lei>213800ZW52P23FVH1V47</lei>
        <title>Sandfire Resources Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000SFR8"/>
          <ticker value="SFR"/>
          <other otherDesc="SEDOL" value="6739739"/>
        </identifiers>
        <balance>70571.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.49846350"/>
        <valUSD>838263.89000000</valUSD>
        <pctVal>0.081362445420</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jyske Bank A/S</name>
        <lei>3M5E1GQGKL17HI6CPN30</lei>
        <title>Jyske Bank A/S</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DK0010307958"/>
          <ticker value="JYSK"/>
          <other otherDesc="SEDOL" value="B0386J1"/>
        </identifiers>
        <balance>11677.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.35565000"/>
        <valUSD>1598109.56000000</valUSD>
        <pctVal>0.155113566745</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fujita Kanko Inc</name>
        <lei>N/A</lei>
        <title>Fujita Kanko Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3816800001"/>
          <ticker value="9722"/>
          <other otherDesc="SEDOL" value="6356923"/>
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        <balance>9500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>159826.70000000</valUSD>
        <pctVal>0.015512884797</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Isuzu Motors Ltd</name>
        <lei>529900C0QSXVCC7AR494</lei>
        <title>Isuzu Motors Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3137200006"/>
          <ticker value="7202"/>
          <other otherDesc="SEDOL" value="6467104"/>
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        <balance>461800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>7207370.98000000</valUSD>
        <pctVal>0.699552175614</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GEA Group AG</name>
        <lei>549300PHUU0ZZWO8EO07</lei>
        <title>GEA Group AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0006602006"/>
          <ticker value="G1A"/>
          <other otherDesc="SEDOL" value="4557104"/>
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        <balance>13767.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>930405.43000000</valUSD>
        <pctVal>0.090305763997</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EssilorLuxottica SA</name>
        <lei>549300M3VH1A3ER1TB49</lei>
        <title>EssilorLuxottica SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000121667"/>
          <ticker value="EL"/>
          <other otherDesc="SEDOL" value="7212477"/>
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        <balance>31094.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>9831864.34000000</valUSD>
        <pctVal>0.954287230181</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AXA SA</name>
        <lei>F5WCUMTUM4RKZ1MAIE39</lei>
        <title>AXA SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000120628"/>
          <ticker value="CS"/>
          <other otherDesc="SEDOL" value="7088429"/>
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        <balance>255979.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>12282146.88000000</valUSD>
        <pctVal>1.192113267787</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fuji Electric Co Ltd</name>
        <lei>5299000HVNGZZTYYM906</lei>
        <title>Fuji Electric Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3820000002"/>
          <ticker value="6504"/>
          <other otherDesc="SEDOL" value="6356365"/>
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        <balance>122900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>9320130.73000000</valUSD>
        <pctVal>0.904618028859</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ANZ Group Holdings Ltd</name>
        <lei>9845005D9C6BAA10BK72</lei>
        <title>ANZ Group Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000ANZ3"/>
          <ticker value="ANZ"/>
          <other otherDesc="SEDOL" value="6065586"/>
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        <balance>31073.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.49846350"/>
        <valUSD>751271.23000000</valUSD>
        <pctVal>0.072918880529</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEC Corp</name>
        <lei>5493000QYMPFRTEY4K28</lei>
        <title>NEC Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3733000008"/>
          <ticker value="6701"/>
          <other otherDesc="SEDOL" value="6640400"/>
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        <balance>246500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>8340452.51000000</valUSD>
        <pctVal>0.809529815403</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Suzuki Co Ltd</name>
        <lei>N/A</lei>
        <title>Suzuki Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3397210000"/>
          <ticker value="6785"/>
          <other otherDesc="SEDOL" value="6321868"/>
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        <balance>17800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>273868.51000000</valUSD>
        <pctVal>0.026581858008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DOF Group ASA</name>
        <lei>213800GIV9N2A714T434</lei>
        <title>DOF Group ASA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NO0012851874"/>
          <ticker value="DOFG"/>
          <other otherDesc="SEDOL" value="BQWSKZ8"/>
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        <balance>21556.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="10.08000000"/>
        <valUSD>202953.94000000</valUSD>
        <pctVal>0.019698843124</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Yokogawa Electric Corp</name>
        <lei>529900MV0U7C9WWF4L22</lei>
        <title>Yokogawa Electric Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3955000009"/>
          <ticker value="6841"/>
          <other otherDesc="SEDOL" value="6986427"/>
        </identifiers>
        <balance>77100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>2472640.67000000</valUSD>
        <pctVal>0.239996132433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TP ICAP Group PLC</name>
        <lei>2138006YAA7IRVKKGE63</lei>
        <title>TP ICAP Group PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JE00BMDZN391"/>
          <ticker value="TCAP"/>
          <other otherDesc="SEDOL" value="BMDZN39"/>
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        <balance>61036.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186650"/>
        <valUSD>213133.28000000</valUSD>
        <pctVal>0.020686856571</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Toa Corp/Tokyo</name>
        <lei>353800AT816JCLZ5WD63</lei>
        <title>Toa Corp/Tokyo</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3556000002"/>
          <ticker value="1885"/>
          <other otherDesc="SEDOL" value="6894508"/>
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        <balance>10600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>191834.50000000</valUSD>
        <pctVal>0.018619582952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mowi ASA</name>
        <lei>549300W1OGQF5LZIH349</lei>
        <title>Mowi ASA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NO0003054108"/>
          <ticker value="MOWI"/>
          <other otherDesc="SEDOL" value="B02L486"/>
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        <balance>97402.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="10.08000000"/>
        <valUSD>2342998.42000000</valUSD>
        <pctVal>0.227412970238</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AGC Inc</name>
        <lei>JE4WFFEELMVPFZ0G1E77</lei>
        <title>AGC Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3112000009"/>
          <ticker value="5201"/>
          <other otherDesc="SEDOL" value="6055208"/>
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        <balance>118200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>3919953.27000000</valUSD>
        <pctVal>0.380473246894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Charter Hall Group</name>
        <lei>N/A</lei>
        <title>Charter Hall Group</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000CHC0"/>
          <ticker value="CHC"/>
          <other otherDesc="SEDOL" value="B15F6S6"/>
        </identifiers>
        <balance>17000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.49846350"/>
        <valUSD>276512.03000000</valUSD>
        <pctVal>0.026838439800</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wartsila OYJ Abp</name>
        <lei>743700G7A9J1PHM3X223</lei>
        <title>Wartsila OYJ Abp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FI0009003727"/>
          <ticker value="WRT1V"/>
          <other otherDesc="SEDOL" value="4525189"/>
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        <balance>252359.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>8934678.90000000</valUSD>
        <pctVal>0.867205820299</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Koninklijke Ahold Delhaize NV</name>
        <lei>724500C9GNBV20UYRX36</lei>
        <title>Koninklijke Ahold Delhaize NV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0011794037"/>
          <ticker value="AD"/>
          <other otherDesc="SEDOL" value="BD0Q398"/>
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        <balance>87056.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>3569898.14000000</valUSD>
        <pctVal>0.346496665356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shizuoka Financial Group Inc</name>
        <lei>353800MNO5C8V2SHGA81</lei>
        <title>Shizuoka Financial Group Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3351500008"/>
          <ticker value="5831"/>
          <other otherDesc="SEDOL" value="BP38QJ6"/>
        </identifiers>
        <balance>163500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>2538618.85000000</valUSD>
        <pctVal>0.246400018051</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Unipol Assicurazioni SpA</name>
        <lei>8156005CE5E7340CCA86</lei>
        <title>Unipol Assicurazioni SpA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0004810054"/>
          <ticker value="UNI"/>
          <other otherDesc="SEDOL" value="B7SF135"/>
        </identifiers>
        <balance>103802.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>2490382.62000000</valUSD>
        <pctVal>0.241718177788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PSP Swiss Property AG</name>
        <lei>50670042Y437P8X44F56</lei>
        <title>PSP Swiss Property AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0018294154"/>
          <ticker value="PSPN"/>
          <other otherDesc="SEDOL" value="B012877"/>
        </identifiers>
        <balance>8643.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.79210000"/>
        <valUSD>1563836.57000000</valUSD>
        <pctVal>0.151787007757</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi Corp</name>
        <lei>KVIPTY4PULAPGC1VVD26</lei>
        <title>Mitsubishi Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3898400001"/>
          <ticker value="8058"/>
          <other otherDesc="SEDOL" value="6596785"/>
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        <balance>350000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>8005440.29000000</valUSD>
        <pctVal>0.777013308620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FANUC Corp</name>
        <lei>529900QTSW745LOKW705</lei>
        <title>FANUC Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3802400006"/>
          <ticker value="6954"/>
          <other otherDesc="SEDOL" value="6356934"/>
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        <balance>71500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>2782476.56000000</valUSD>
        <pctVal>0.270069008039</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Credito Emiliano SpA</name>
        <lei>8156004B244AA70DE787</lei>
        <title>Credito Emiliano SpA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0003121677"/>
          <ticker value="CE"/>
          <other otherDesc="SEDOL" value="7135251"/>
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        <balance>36426.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>650789.96000000</valUSD>
        <pctVal>0.063166102265</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kongsberg Gruppen ASA</name>
        <lei>5967007LIEEXZXJ9HK73</lei>
        <title>Kongsberg Gruppen ASA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NO0013536151"/>
          <ticker value="KOG"/>
          <other otherDesc="SEDOL" value="BSTRB82"/>
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        <balance>241468.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="10.08000000"/>
        <valUSD>6187685.60000000</valUSD>
        <pctVal>0.600580840851</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Perseus Mining Ltd</name>
        <lei>54930054ZDGKBCW3SM26</lei>
        <title>Perseus Mining Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000PRU3"/>
          <ticker value="PRU"/>
          <other otherDesc="SEDOL" value="B02FBC1"/>
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        <balance>35233.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.49846350"/>
        <valUSD>132454.29000000</valUSD>
        <pctVal>0.012856100649</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Babcock International Group PL</name>
        <lei>213800TSKOLX4EU6L377</lei>
        <title>Babcock International Group PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0009697037"/>
          <ticker value="BAB"/>
          <other otherDesc="SEDOL" value="0969703"/>
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        <balance>31712.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186650"/>
        <valUSD>528475.00000000</valUSD>
        <pctVal>0.051294131665</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Chudenko Corp</name>
        <lei>N/A</lei>
        <title>Chudenko Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3524000001"/>
          <ticker value="1941"/>
          <other otherDesc="SEDOL" value="6195869"/>
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        <balance>26800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
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        <pctVal>0.074844525176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nomura Holdings Inc</name>
        <lei>549300B3CEAHYG7K8164</lei>
        <title>Nomura Holdings Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3762600009"/>
          <ticker value="8604"/>
          <other otherDesc="SEDOL" value="6643108"/>
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        <balance>650500.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
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        <pctVal>0.525968855543</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AQ Group AB</name>
        <lei>549300CN568MD1JD3E40</lei>
        <title>AQ Group AB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0022062196"/>
          <ticker value="AQ"/>
          <other otherDesc="SEDOL" value="BSD4GW8"/>
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        <balance>20301.00000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.20650000"/>
        <valUSD>432274.83000000</valUSD>
        <pctVal>0.041956879787</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>National Australia Bank Ltd</name>
        <lei>F8SB4JFBSYQFRQEH3Z21</lei>
        <title>National Australia Bank Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000NAB4"/>
          <ticker value="NAB"/>
          <other otherDesc="SEDOL" value="6624608"/>
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        <balance>94691.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.49846350"/>
        <valUSD>2662404.40000000</valUSD>
        <pctVal>0.258414725085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sompo Holdings Inc</name>
        <lei>353800CWW4SRGEYEB512</lei>
        <title>Sompo Holdings Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3165000005"/>
          <ticker value="8630"/>
          <other otherDesc="SEDOL" value="B62G7K6"/>
        </identifiers>
        <balance>183600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>6231790.91000000</valUSD>
        <pctVal>0.604861731297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Konami Group Corp</name>
        <lei>353800FC4A5QCMIZFV94</lei>
        <title>Konami Group Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3300200007"/>
          <ticker value="9766"/>
          <other otherDesc="SEDOL" value="6496681"/>
        </identifiers>
        <balance>33900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>4603866.86000000</valUSD>
        <pctVal>0.446854350510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Danske Bank A/S</name>
        <lei>MAES062Z21O4RZ2U7M96</lei>
        <title>Danske Bank A/S</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DK0010274414"/>
          <ticker value="DANSKE"/>
          <other otherDesc="SEDOL" value="4588825"/>
        </identifiers>
        <balance>105767.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.35565000"/>
        <valUSD>5281611.83000000</valUSD>
        <pctVal>0.512636723804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kurabo Industries Ltd</name>
        <lei>N/A</lei>
        <title>Kurabo Industries Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3268800004"/>
          <ticker value="3106"/>
          <other otherDesc="SEDOL" value="6497651"/>
        </identifiers>
        <balance>5800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>314129.30000000</valUSD>
        <pctVal>0.030489596809</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICE FUTURES EUROPE</name>
        <lei>549300UF4R84F48NCH34</lei>
        <title>FTSE 100 IDX</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="Z H6"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG01T1PQ5G1"/>
        </identifiers>
        <balance>17.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186650"/>
        <valUSD>13848.50000000</valUSD>
        <pctVal>0.001344144533</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE FUTURES EUROPE</counterpartyName>
              <counterpartyLei>549300UF4R84F48NCH34</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>FINANCIAL TIMES STOCK EXCHANGE</issuerName>
                <issueTitle>FTSE 100 INDEX</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <ticker value="UKX"/>
                  <other otherDesc="INTERNAL" value="UKX_INDEX_GB"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-03-20</expDate>
            <notionalAmt>2264148.96000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>13848.50000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shell PLC</name>
        <lei>21380068P1DRHMJ8KU70</lei>
        <title>Shell PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BP6MXD84"/>
          <ticker value="SHELL"/>
          <other otherDesc="SEDOL" value="BP6MXT4"/>
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        <balance>243461.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>9018789.33000000</valUSD>
        <pctVal>0.875369634048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Infineon Technologies AG</name>
        <lei>TSI2PJM6EPETEQ4X1U25</lei>
        <title>Infineon Technologies AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0006231004"/>
          <ticker value="IFX"/>
          <other otherDesc="SEDOL" value="5889505"/>
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        <balance>122082.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>5326558.15000000</valUSD>
        <pctVal>0.516999243234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tsuruha Holdings Inc</name>
        <lei>N/A</lei>
        <title>Tsuruha Holdings Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3536150000"/>
          <ticker value="3391"/>
          <other otherDesc="SEDOL" value="B0MKZN5"/>
        </identifiers>
        <balance>145500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>2673320.99000000</valUSD>
        <pctVal>0.259474296502</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ricoh Co Ltd</name>
        <lei>549300HFIB2GRUMDID72</lei>
        <title>Ricoh Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3973400009"/>
          <ticker value="7752"/>
          <other otherDesc="SEDOL" value="6738220"/>
        </identifiers>
        <balance>43000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>378358.43000000</valUSD>
        <pctVal>0.036723718482</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nordex SE</name>
        <lei>529900HVDYCUWVD0OE76</lei>
        <title>Nordex SE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000A0D6554"/>
          <ticker value="NDX1"/>
          <other otherDesc="SEDOL" value="B06CF71"/>
        </identifiers>
        <balance>19985.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>677391.04000000</valUSD>
        <pctVal>0.065748020615</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tsugami Corp</name>
        <lei>N/A</lei>
        <title>Tsugami Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3531800005"/>
          <ticker value="6101"/>
          <other otherDesc="SEDOL" value="6906760"/>
        </identifiers>
        <balance>13300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>244401.35000000</valUSD>
        <pctVal>0.023721756045</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Commonwealth Bank of Australia</name>
        <lei>MSFSBD3QN1GSN7Q6C537</lei>
        <title>Commonwealth Bank of Australia</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000CBA7"/>
          <ticker value="CBA"/>
          <other otherDesc="SEDOL" value="6215035"/>
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        <balance>29024.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.49846350"/>
        <valUSD>3097995.61000000</valUSD>
        <pctVal>0.300693494900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kingfisher PLC</name>
        <lei>213800KBMEV7I92FY281</lei>
        <title>Kingfisher PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0033195214"/>
          <ticker value="KGF"/>
          <other otherDesc="SEDOL" value="3319521"/>
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        <balance>303479.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186650"/>
        <valUSD>1277512.02000000</valUSD>
        <pctVal>0.123996158300</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Glencore PLC</name>
        <lei>2138002658CPO9NBH955</lei>
        <title>Glencore PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JE00B4T3BW64"/>
          <ticker value="GLEN"/>
          <other otherDesc="SEDOL" value="B4T3BW6"/>
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        <balance>1212590.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186650"/>
        <valUSD>6628825.55000000</valUSD>
        <pctVal>0.643398175026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Holcim AG</name>
        <lei>529900EHPFPYHV6IQO98</lei>
        <title>Holcim AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0012214059"/>
          <ticker value="HOLN"/>
          <other otherDesc="SEDOL" value="7110753"/>
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        <balance>92636.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.79210000"/>
        <valUSD>9018143.96000000</valUSD>
        <pctVal>0.875306994010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Prosus NV</name>
        <lei>635400Z5LQ5F9OLVT688</lei>
        <title>Prosus NV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0013654783"/>
          <ticker value="PRX"/>
          <other otherDesc="SEDOL" value="BJDS7L3"/>
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        <balance>171762.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>10635333.98000000</valUSD>
        <pctVal>1.032272522774</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>AUSTRALIAN SECURITIES EXCHANGE TRADE24</name>
        <lei>N/A</lei>
        <title>SPI 200</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="XPH6"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG01PW6RGG2"/>
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        <balance>7.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="AUD" exchangeRt="1.49846350"/>
        <valUSD>728.83000000</valUSD>
        <pctVal>0.000070740719</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>AUSTRALIAN SECURITIES EXCHANGE TRADE24</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>STANDARD AND POOR'S</issuerName>
                <issueTitle>S&amp;P/ASX 200</issueTitle>
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                  <cusip value="000000000"/>
                  <ticker value="AS51"/>
                  <other otherDesc="INTERNAL" value="ASX_INDEX_AU"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-03-19</expDate>
            <notionalAmt>1012509.06000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>728.83000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Japan Post Bank Co Ltd</name>
        <lei>5493006JVO6N2HC2XZ76</lei>
        <title>Japan Post Bank Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3946750001"/>
          <ticker value="7182"/>
          <other otherDesc="SEDOL" value="BYT8165"/>
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        <balance>8900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>125285.97000000</valUSD>
        <pctVal>0.012160338787</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Iyogin Holdings Inc</name>
        <lei>N/A</lei>
        <title>Iyogin Holdings Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3149700001"/>
          <ticker value="5830"/>
          <other otherDesc="SEDOL" value="BP38QH4"/>
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        <balance>55300.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>901096.96000000</valUSD>
        <pctVal>0.087461064590</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Viridien</name>
        <lei>969500FCVQ5SLAAUJV59</lei>
        <title>Viridien</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR001400PVN6"/>
          <ticker value="VIRI"/>
          <other otherDesc="SEDOL" value="BR3YYH2"/>
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        <balance>2165.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>248885.63000000</valUSD>
        <pctVal>0.024157003216</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Indus Holding AG</name>
        <lei>529900GE4O7ZOMRWR939</lei>
        <title>Indus Holding AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0006200108"/>
          <ticker value="INH"/>
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        <balance>3584.00000000</balance>
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        <pctVal>0.011471149874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Resorttrust Inc</name>
        <lei>353800FM9MYWH105SE11</lei>
        <title>Resorttrust Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3974450003"/>
          <ticker value="4681"/>
          <other otherDesc="SEDOL" value="6044132"/>
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        <balance>21600.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Swedbank AB</name>
        <lei>M312WZV08Y7LYUC71685</lei>
        <title>Swedbank AB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0000242455"/>
          <ticker value="SWEDA"/>
          <other otherDesc="SEDOL" value="4846523"/>
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        <balance>24300.00000000</balance>
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        <pctVal>0.081830841718</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BAE Systems PLC</name>
        <lei>8SVCSVKSGDWMW2QHOH83</lei>
        <title>BAE Systems PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0002634946"/>
          <ticker value="BA/"/>
          <other otherDesc="SEDOL" value="0263494"/>
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        <balance>193225.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mycronic AB</name>
        <lei>549300S5CCFESE4C6Y07</lei>
        <title>Mycronic AB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0025158629"/>
          <ticker value="MYCR"/>
          <other otherDesc="SEDOL" value="BTXSLB1"/>
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        <balance>21340.00000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.20650000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>OVS SpA</name>
        <lei>8156001A772766DCAA71</lei>
        <title>OVS SpA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0005043507"/>
          <ticker value="OVS"/>
          <other otherDesc="SEDOL" value="BW0D7R8"/>
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        <balance>76362.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Asia Pile Holdings Corp</name>
        <lei>N/A</lei>
        <title>Asia Pile Holdings Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3389640008"/>
          <ticker value="5288"/>
          <other otherDesc="SEDOL" value="B06D3N6"/>
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        <balance>50100.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EUREX CLEARING AKTIENGESELLSCHAFT</name>
        <lei>529900LN3S50JPU47S06</lei>
        <title>EURO STOXX 50</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="VGH6"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG01FZGXT10"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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            <payOffProf>Long</payOffProf>
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                <issuerName>DEUTSCHE BORSE AKTIENGESELLSCHAFT</issuerName>
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                  <cusip value="000000000"/>
                  <ticker value="SX5E"/>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Danone SA</name>
        <lei>969500KMUQ2B6CBAF162</lei>
        <title>Danone SA</title>
        <cusip>000000000</cusip>
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          <isin value="FR0000120644"/>
          <ticker value="BN"/>
          <other otherDesc="SEDOL" value="B1Y9TB3"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Yurtec Corp</name>
        <lei>N/A</lei>
        <title>Yurtec Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3946200007"/>
          <ticker value="1934"/>
          <other otherDesc="SEDOL" value="6894672"/>
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        <balance>12700.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REN - Redes Energeticas Nacion</name>
        <lei>549300FR1FN48IGHR915</lei>
        <title>REN - Redes Energeticas Nacionais SGPS SA</title>
        <cusip>000000000</cusip>
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          <isin value="PTREL0AM0008"/>
          <ticker value="RENE"/>
          <other otherDesc="SEDOL" value="B233HR5"/>
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        <balance>28929.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Currys PLC</name>
        <lei>2138001E12GWLLDQQF16</lei>
        <title>Currys PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00B4Y7R145"/>
          <ticker value="CURY"/>
          <other otherDesc="SEDOL" value="B4Y7R14"/>
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        <balance>194920.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Corp</name>
        <lei>V82KK8NH1P0JS71FJC05</lei>
        <title>Sumitomo Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3404600003"/>
          <ticker value="8053"/>
          <other otherDesc="SEDOL" value="6858946"/>
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        <balance>36300.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>AstraZeneca PLC</name>
        <lei>PY6ZZQWO2IZFZC3IOL08</lei>
        <title>AstraZeneca PLC</title>
        <cusip>046353108</cusip>
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          <isin value="US0463531089"/>
          <ticker value="AZN"/>
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        <balance>1722.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>158303.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Jungfraubahn Holding AG</name>
        <lei>5067009MCPE99B3E4489</lei>
        <title>Jungfraubahn Holding AG</title>
        <cusip>000000000</cusip>
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          <isin value="CH0017875789"/>
          <ticker value="JFN"/>
          <other otherDesc="SEDOL" value="7788967"/>
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        <balance>575.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Regis Resources Ltd</name>
        <lei>213800XH9YUXBLYBD749</lei>
        <title>Regis Resources Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="AU000000RRL8"/>
          <ticker value="RRL"/>
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        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Avolta AG</name>
        <lei>549300X53WDBVW7TIF57</lei>
        <title>Avolta AG</title>
        <cusip>000000000</cusip>
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          <isin value="CH0023405456"/>
          <ticker value="AVOL"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Covivio SA/France</name>
        <lei>969500P8M3W2XX376054</lei>
        <title>Covivio SA/France</title>
        <cusip>000000000</cusip>
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          <isin value="FR0000064578"/>
          <ticker value="COV"/>
          <other otherDesc="SEDOL" value="7745638"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>J.P. MORGAN SECURITIES LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>CURRENCY CONTRACT - EUR</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="CCTEUR__00131286"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Sumitomo Electric Industries L</name>
        <lei>5493005SP87FL5TOS202</lei>
        <title>Sumitomo Electric Industries Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="JP3407400005"/>
          <ticker value="5802"/>
          <other otherDesc="SEDOL" value="6858708"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AIA Group Ltd</name>
        <lei>ZP5ILWVSYE4LJGMMVD57</lei>
        <title>AIA Group Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="HK0000069689"/>
          <ticker value="1299"/>
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        <balance>95600.00000000</balance>
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        <valUSD>984019.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Svenska Handelsbanken AB</name>
        <lei>NHBDILHZTYCNBV5UYZ31</lei>
        <title>Svenska Handelsbanken AB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0007100599"/>
          <ticker value="SHBA"/>
          <other otherDesc="SEDOL" value="BXDZ9Q1"/>
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        <balance>492415.00000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.20650000"/>
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        <pctVal>0.692419422685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Gestamp Automocion SA</name>
        <lei>95980020140005484363</lei>
        <title>Gestamp Automocion SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ES0105223004"/>
          <ticker value="GEST"/>
          <other otherDesc="SEDOL" value="BD6K6R3"/>
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        <balance>81794.00000000</balance>
        <units>NS</units>
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        <pctVal>0.028258187793</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Capricorn Metals Ltd</name>
        <lei>529900CRG304NUYMOV23</lei>
        <title>Capricorn Metals Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000CMM9"/>
          <ticker value="CMM"/>
          <other otherDesc="SEDOL" value="BDD98W2"/>
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        <balance>19845.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.49846350"/>
        <valUSD>187764.67000000</valUSD>
        <pctVal>0.018224562571</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Qantas Airways Ltd</name>
        <lei>YLXNW6TI6QSK1H8H0N82</lei>
        <title>Qantas Airways Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000QAN2"/>
          <ticker value="QAN"/>
          <other otherDesc="SEDOL" value="6710347"/>
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        <balance>815447.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.49846350"/>
        <valUSD>5633670.10000000</valUSD>
        <pctVal>0.546807731430</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Siemens Healthineers AG</name>
        <lei>529900QBVWXMWANH7H45</lei>
        <title>Siemens Healthineers AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000SHL1006"/>
          <ticker value="SHL"/>
          <other otherDesc="SEDOL" value="BD594Y4"/>
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        <balance>20409.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>1069792.12000000</valUSD>
        <pctVal>0.103834727958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Engie SA</name>
        <lei>LAXUQCHT4FH58LRZDY46</lei>
        <title>Engie SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0010208488"/>
          <ticker value="ENGI"/>
          <other otherDesc="SEDOL" value="B0C2CQ3"/>
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        <balance>449607.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>11810891.10000000</valUSD>
        <pctVal>1.146372871311</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ABB Ltd</name>
        <lei>5493000LKVGOO9PELI61</lei>
        <title>ABB Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0012221716"/>
          <ticker value="ABBN"/>
          <other otherDesc="SEDOL" value="7108899"/>
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        <balance>193017.00000000</balance>
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        <currencyConditional curCd="CHF" exchangeRt="0.79210000"/>
        <valUSD>14228740.50000000</valUSD>
        <pctVal>1.381050926981</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fresenius Medical Care AG</name>
        <lei>549300CP8NY40UP89Q40</lei>
        <title>Fresenius Medical Care AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0005785802"/>
          <ticker value="FME"/>
          <other otherDesc="SEDOL" value="5129074"/>
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        <balance>10971.00000000</balance>
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        <valUSD>524036.34000000</valUSD>
        <pctVal>0.050863312401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan Chase Bank, National Association</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
        <title>CURRENCY CONTRACT - EUR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="CCTEUR__00131289"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-104.50000000</valUSD>
        <pctVal>-0.00001014283</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>JPMorgan Chase Bank, National Association</counterpartyName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nexteer Automotive Group Ltd</name>
        <lei>529900O9GGNBKMJ9UO48</lei>
        <title>Nexteer Automotive Group Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="KYG6501M1050"/>
          <ticker value="1316"/>
          <other otherDesc="SEDOL" value="BBPD5F0"/>
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        <balance>1577000.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>1299139.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Advantest Corp</name>
        <lei>353800EMK32PDKS9XR54</lei>
        <title>Advantest Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3122400009"/>
          <ticker value="6857"/>
          <other otherDesc="SEDOL" value="6870490"/>
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        <balance>49200.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SMCP SA</name>
        <lei>96950034TTGHHKKEN547</lei>
        <title>SMCP SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0013214145"/>
          <ticker value="SMCP"/>
          <other otherDesc="SEDOL" value="BDVP4Y6"/>
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        <balance>4085.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>30032.36000000</valUSD>
        <pctVal>0.002914960647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Admiral Group PLC</name>
        <lei>213800FGVM7Z9EJB2685</lei>
        <title>Admiral Group PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00B02J6398"/>
          <ticker value="ADM"/>
          <other otherDesc="SEDOL" value="B02J639"/>
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        <balance>47485.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.74186650"/>
        <valUSD>2031309.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vienna Insurance</name>
        <lei>549300JCRU23I1THU176</lei>
        <title>Vienna Insurance Group AG Wiener Versicherung Gruppe</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AT0000908504"/>
          <ticker value="VIG"/>
          <other otherDesc="SEDOL" value="B0BKSS2"/>
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        <balance>3694.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>290926.16000000</valUSD>
        <pctVal>0.028237484754</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San-In Godo Bank Ltd/The</name>
        <lei>353800I3C5900CEME762</lei>
        <title>San-In Godo Bank Ltd/The</title>
        <cusip>000000000</cusip>
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          <isin value="JP3324000003"/>
          <ticker value="8381"/>
          <other otherDesc="SEDOL" value="6772853"/>
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        <balance>10900.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Inpex Corp</name>
        <lei>353800VHYYADPR6MXQ47</lei>
        <title>Inpex Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3294460005"/>
          <ticker value="1605"/>
          <other otherDesc="SEDOL" value="B10RB15"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Airtel Africa PLC</name>
        <lei>254900ZNZDQL6OWQH623</lei>
        <title>Airtel Africa PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00BKDRYJ47"/>
          <ticker value="AAF"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Panasonic Holdings Corp</name>
        <lei>254900GE1G59KGWPHX32</lei>
        <title>Panasonic Holdings Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3866800000"/>
          <ticker value="6752"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wesfarmers Ltd</name>
        <lei>5493003L32ZX9557ST85</lei>
        <title>Wesfarmers Ltd</title>
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          <ticker value="WES"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SINGAPORE EXCHANGE LIMITED</name>
        <lei>549300IQ650PPXM76X03</lei>
        <title>MSCI SING IX ETS</title>
        <cusip>000000000</cusip>
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          <ticker value="QZF6"/>
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        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Munich Re</name>
        <lei>529900MUF4C20K50JS49</lei>
        <title>Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0008430026"/>
          <ticker value="MUV2"/>
          <other otherDesc="SEDOL" value="5294121"/>
        </identifiers>
        <balance>17724.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>11663930.63000000</valUSD>
        <pctVal>1.132108791274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banca Monte dei Paschi di Sien</name>
        <lei>J4CP7MHCXR8DAQMKIL78</lei>
        <title>Banca Monte dei Paschi di Siena SpA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0005508921"/>
          <ticker value="BMPS"/>
          <other otherDesc="SEDOL" value="BK93RS6"/>
        </identifiers>
        <balance>509190.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>5421450.49000000</valUSD>
        <pctVal>0.526209556270</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UBS Group AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS Group AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0244767585"/>
          <ticker value="UBSG"/>
          <other otherDesc="SEDOL" value="BRJL176"/>
        </identifiers>
        <balance>334514.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.79210000"/>
        <valUSD>15446051.13000000</valUSD>
        <pctVal>1.499203898707</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eurocommercial Properties NV</name>
        <lei>724500SFK53FPNM68L95</lei>
        <title>Eurocommercial Properties NV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0015000K93"/>
          <ticker value="ECMPA"/>
          <other otherDesc="SEDOL" value="BMZ4R21"/>
        </identifiers>
        <balance>7255.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>221977.23000000</valUSD>
        <pctVal>0.021545256184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daiwa Securities Group Inc</name>
        <lei>353800WRC7Y23PWFJG38</lei>
        <title>Daiwa Securities Group Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3502200003"/>
          <ticker value="8601"/>
          <other otherDesc="SEDOL" value="6251448"/>
        </identifiers>
        <balance>393600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>3449429.88000000</valUSD>
        <pctVal>0.334803936675</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gaztransport Et Technigaz SA</name>
        <lei>969500BVOHVZUUFWDT54</lei>
        <title>Gaztransport Et Technigaz SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0011726835"/>
          <ticker value="GTT"/>
          <other otherDesc="SEDOL" value="BJYRDP5"/>
        </identifiers>
        <balance>7067.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>1296701.36000000</valUSD>
        <pctVal>0.125858688282</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Murata Manufacturing Co Ltd</name>
        <lei>529900QZG6DL8ZRI7140</lei>
        <title>Murata Manufacturing Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3914400001"/>
          <ticker value="6981"/>
          <other otherDesc="SEDOL" value="6610403"/>
        </identifiers>
        <balance>246800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>5100851.51000000</valUSD>
        <pctVal>0.495092008058</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Scout24 SE</name>
        <lei>5493007EIKM2ENQS7U66</lei>
        <title>Scout24 SE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000A12DM80"/>
          <ticker value="G24"/>
          <other otherDesc="SEDOL" value="BYT9340"/>
        </identifiers>
        <balance>48755.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>4896951.79000000</valUSD>
        <pctVal>0.475301366903</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Roche Holding AG</name>
        <lei>549300U41AUUVOAAOB37</lei>
        <title>Roche Holding AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0012032048"/>
          <ticker value="ROG"/>
          <other otherDesc="SEDOL" value="7110388"/>
        </identifiers>
        <balance>9633.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.79210000"/>
        <valUSD>3978142.67000000</valUSD>
        <pctVal>0.386121148394</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Resolute Mining Ltd</name>
        <lei>254900MP8JONT590XY28</lei>
        <title>Resolute Mining Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000RSG6"/>
          <ticker value="RSG"/>
          <other otherDesc="SEDOL" value="6410636"/>
        </identifiers>
        <balance>193618.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.49846350"/>
        <valUSD>156818.38000000</valUSD>
        <pctVal>0.015220895276</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO. LLC</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>CURRENCY CONTRACT - SEK</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="CCTSEK__00131292"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-3381.20000000</valUSD>
        <pctVal>-0.00032818149</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>MORGAN STANLEY &amp; CO. LLC</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
            </counterparties>
            <amtCurSold>-2396431.68000000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>22028000.00000000</amtCurPur>
            <curPur>SEK</curPur>
            <settlementDt>2026-01-05</settlementDt>
            <unrealizedAppr>-3381.20000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Unibail-Rodamco-Westfield</name>
        <lei>N/A</lei>
        <title>Unibail-Rodamco-Westfield</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0013326246"/>
          <ticker value="URW"/>
          <other otherDesc="SEDOL" value="BF2PQ09"/>
        </identifiers>
        <balance>9106.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>990249.89000000</valUSD>
        <pctVal>0.096114306710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HKEX</name>
        <lei>213800YTVSXYQN17BW16</lei>
        <title>Hong Kong Exchanges &amp; Clearing Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HK0388045442"/>
          <ticker value="388"/>
          <other otherDesc="SEDOL" value="6267359"/>
        </identifiers>
        <balance>196000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>10254985.54000000</valUSD>
        <pctVal>0.995355652610</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AddTech AB</name>
        <lei>549300QZ5U2IDRHPWL60</lei>
        <title>AddTech AB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0014781795"/>
          <ticker value="ADDTB"/>
          <other otherDesc="SEDOL" value="BLN8T44"/>
        </identifiers>
        <balance>16336.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.20650000"/>
        <valUSD>575331.21000000</valUSD>
        <pctVal>0.055842026277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banca Generali SpA</name>
        <lei>815600903231FA2E7698</lei>
        <title>Banca Generali SpA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0001031084"/>
          <ticker value="BGN"/>
          <other otherDesc="SEDOL" value="B1HKSV6"/>
        </identifiers>
        <balance>4870.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091850"/>
        <valUSD>325090.93000000</valUSD>
        <pctVal>0.031553539839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yahagi Construction Co Ltd</name>
        <lei>N/A</lei>
        <title>Yahagi Construction Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3933200002"/>
          <ticker value="1870"/>
          <other otherDesc="SEDOL" value="6985037"/>
        </identifiers>
        <balance>14800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>220266.26000000</valUSD>
        <pctVal>0.021379188309</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GSK PLC</name>
        <lei>5493000HZTVUYLO1D793</lei>
        <title>GSK PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BN7SWP63"/>
          <ticker value="GSK"/>
          <other otherDesc="SEDOL" value="BN7SWP6"/>
        </identifiers>
        <balance>322623.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186650"/>
        <valUSD>7909826.38000000</valUSD>
        <pctVal>0.767732959523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NGK Insulators Ltd</name>
        <lei>353800701BNCL25VYY16</lei>
        <title>NGK Insulators Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3695200000"/>
          <ticker value="5333"/>
          <other otherDesc="SEDOL" value="6619507"/>
        </identifiers>
        <balance>319500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>6856236.78000000</valUSD>
        <pctVal>0.665470858831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chugin Financial Group Inc</name>
        <lei>N/A</lei>
        <title>Chugin Financial Group Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3520700000"/>
          <ticker value="5832"/>
          <other otherDesc="SEDOL" value="BP29PY8"/>
        </identifiers>
        <balance>94000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>1484331.12000000</valUSD>
        <pctVal>0.144070156400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Novartis AG</name>
        <lei>5493007HIVTX6SY6XD66</lei>
        <title>Novartis AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH0012005267"/>
          <ticker value="NOVN"/>
          <other otherDesc="SEDOL" value="7103065"/>
        </identifiers>
        <balance>151755.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.79210000"/>
        <valUSD>20911231.09000000</valUSD>
        <pctVal>2.029657866145</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nitto Kogyo Corp</name>
        <lei>N/A</lei>
        <title>Nitto Kogyo Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3682400001"/>
          <ticker value="6651"/>
          <other otherDesc="SEDOL" value="6643283"/>
        </identifiers>
        <balance>7200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>189313.05000000</valUSD>
        <pctVal>0.018374849354</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-02-21</ncom:dateSigned>
      <ncom:nameOfApplicant>Goldman Sachs Trust</ncom:nameOfApplicant>
      <ncom:signature>Allison Frachiolla</ncom:signature>
      <ncom:signerName>Allison Frachiolla</ncom:signerName>
      <ncom:title>Vice President Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
