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      <invstOrSec>
        <name>Diploma PLC</name>
        <lei>2138008OGI7VYG8FGR19</lei>
        <title>Diploma PLC</title>
        <cusip>G27664112</cusip>
        <identifiers>
          <isin value="GB0001826634"/>
        </identifiers>
        <balance>249548.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73080000"/>
        <valUSD>18179979.87000000</valUSD>
        <pctVal>0.710106619237</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>Elisa Corp.</name>
        <lei>743700TU2S3DXWGU7H32</lei>
        <title>Elisa Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009007884"/>
        </identifiers>
        <balance>614346.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84360000"/>
        <valUSD>27175602.04000000</valUSD>
        <pctVal>1.061473941575</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>Carl Zeiss Meditec AG</name>
        <lei>529900GRL4MZ8NMOOK95</lei>
        <title>Carl Zeiss Meditec AG, BR</title>
        <cusip>D14895102</cusip>
        <identifiers>
          <isin value="DE0005313704"/>
        </identifiers>
        <balance>976305.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84360000"/>
        <valUSD>32403063.86000000</valUSD>
        <pctVal>1.265657624216</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>Recordati Industria Chimica E Farmaceutica S.p.A.</name>
        <lei>815600FBF92FD3531704</lei>
        <title>Recordati Industria Chimica E Farmaceutica S.p.A.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003828271"/>
        </identifiers>
        <balance>609263.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84360000"/>
        <valUSD>33569978.71000000</valUSD>
        <pctVal>1.311237100376</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>Legrand</name>
        <lei>969500XXRPGD7HCAFA90</lei>
        <title>Legrand</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010307819"/>
        </identifiers>
        <balance>211976.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84360000"/>
        <valUSD>33843625.89000000</valUSD>
        <pctVal>1.321925708133</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>TOTVS S.A.</name>
        <lei>N/A</lei>
        <title>TOTVS S.A.</title>
        <cusip>P92184103</cusip>
        <identifiers>
          <isin value="BRTOTSACNOR8"/>
        </identifiers>
        <balance>2740853.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.26280000"/>
        <valUSD>23212164.40000000</valUSD>
        <pctVal>0.906662807392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Katitas Co., Ltd.</name>
        <lei>N/A</lei>
        <title>Katitas Co., Ltd.</title>
        <cusip>J30978100</cusip>
        <identifiers>
          <isin value="JP3932950003"/>
        </identifiers>
        <balance>929300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="154.76000000"/>
        <valUSD>18361634.04000000</valUSD>
        <pctVal>0.717201997200</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>Rathbones Group PLC</name>
        <lei>213800MBTHM6UE8ZQP29</lei>
        <title>Rathbones Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0002148343"/>
        </identifiers>
        <balance>527085.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73080000"/>
        <valUSD>15954053.08000000</valUSD>
        <pctVal>0.623162334435</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>Howden Joinery Group PLC</name>
        <lei>213800KC1LJOJTY3JP45</lei>
        <title>Howden Joinery Group PLC</title>
        <cusip>G4647J102</cusip>
        <identifiers>
          <isin value="GB0005576813"/>
        </identifiers>
        <balance>2688768.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73080000"/>
        <valUSD>30802283.41000000</valUSD>
        <pctVal>1.203131438730</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>Weir Group PLC (The)</name>
        <lei>549300KDR56WHY9I3D10</lei>
        <title>Weir Group PLC (The)</title>
        <cusip>G95248137</cusip>
        <identifiers>
          <isin value="GB0009465807"/>
        </identifiers>
        <balance>807819.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73080000"/>
        <valUSD>35680328.17000000</valUSD>
        <pctVal>1.393666956249</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>Itausa S.A.</name>
        <lei>N/A</lei>
        <title>Itausa S.A., Preference Shares</title>
        <cusip>P5887P427</cusip>
        <identifiers>
          <isin value="BRITSAACNPR7"/>
        </identifiers>
        <balance>14619374.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.26280000"/>
        <valUSD>37946064.10000000</valUSD>
        <pctVal>1.482166178626</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WEG S.A.</name>
        <lei>254900NKQV127YFRO022</lei>
        <title>WEG S.A.</title>
        <cusip>P9832B129</cusip>
        <identifiers>
          <isin value="BRWEGEACNOR0"/>
        </identifiers>
        <balance>5505927.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.26280000"/>
        <valUSD>54109836.96000000</valUSD>
        <pctVal>2.113520128510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Intertek Group PLC</name>
        <lei>2138003GAT25WW1RN369</lei>
        <title>Intertek Group PLC</title>
        <cusip>G4911B108</cusip>
        <identifiers>
          <isin value="GB0031638363"/>
        </identifiers>
        <balance>473721.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73080000"/>
        <valUSD>29061669.43000000</valUSD>
        <pctVal>1.135143381670</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>Interparfums</name>
        <lei>969500SARWF33OPQED48</lei>
        <title>Interparfums</title>
        <cusip>F5262B119</cusip>
        <identifiers>
          <isin value="FR0004024222"/>
        </identifiers>
        <balance>647203.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84360000"/>
        <valUSD>19702792.93000000</valUSD>
        <pctVal>0.769587413028</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>Wartsila OYJ Abp</name>
        <lei>743700G7A9J1PHM3X223</lei>
        <title>Wartsila OYJ Abp</title>
        <cusip>X98155116</cusip>
        <identifiers>
          <isin value="FI0009003727"/>
        </identifiers>
        <balance>610187.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84360000"/>
        <valUSD>24736986.18000000</valUSD>
        <pctVal>0.966222061411</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>Interpump Group S.p.A.</name>
        <lei>815600C79D0F31F4D395</lei>
        <title>Interpump Group S.p.A.</title>
        <cusip>T5513W107</cusip>
        <identifiers>
          <isin value="IT0001078911"/>
        </identifiers>
        <balance>415606.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84360000"/>
        <valUSD>24111396.13000000</valUSD>
        <pctVal>0.941786630865</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>Alten</name>
        <lei>969500Y7G9TY7Y24GN07</lei>
        <title>Alten</title>
        <cusip>F02626103</cusip>
        <identifiers>
          <isin value="FR0000071946"/>
        </identifiers>
        <balance>229463.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84360000"/>
        <valUSD>22494461.89000000</valUSD>
        <pctVal>0.878629481358</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>Regional S.A. de CV.</name>
        <lei>N/A</lei>
        <title>Regional S.A. de CV.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MX01R0000006"/>
        </identifiers>
        <balance>2444437.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="17.47600000"/>
        <valUSD>21817537.38000000</valUSD>
        <pctVal>0.852188936389</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Obic Co., Ltd.</name>
        <lei>N/A</lei>
        <title>Obic Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3173400007"/>
        </identifiers>
        <balance>1185500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="154.76000000"/>
        <valUSD>32949726.44000000</valUSD>
        <pctVal>1.287010162520</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>USS Co., Ltd.</name>
        <lei>5299000RRQD6UZXG4W72</lei>
        <title>USS Co., Ltd.</title>
        <cusip>J9446Z105</cusip>
        <identifiers>
          <isin value="JP3944130008"/>
        </identifiers>
        <balance>1604596.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="154.76000000"/>
        <valUSD>17729708.31000000</valUSD>
        <pctVal>0.692519096176</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>Obic Business Consultants Co., Ltd.</name>
        <lei>N/A</lei>
        <title>Obic Business Consultants Co., Ltd.</title>
        <cusip>J59469106</cusip>
        <identifiers>
          <isin value="JP3173500004"/>
        </identifiers>
        <balance>351300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="154.76000000"/>
        <valUSD>15561910.01000000</valUSD>
        <pctVal>0.607845299340</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>Thermador Groupe</name>
        <lei>969500SSIGMAGT008F11</lei>
        <title>Thermador Groupe</title>
        <cusip>F91651194</cusip>
        <identifiers>
          <isin value="FR0013333432"/>
        </identifiers>
        <balance>92622.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84360000"/>
        <valUSD>8644127.47000000</valUSD>
        <pctVal>0.337638004985</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>Advantech Co., Ltd.</name>
        <lei>2549002OSTKE9HB9IY03</lei>
        <title>Advantech Co., Ltd.</title>
        <cusip>Y0017P108</cusip>
        <identifiers>
          <isin value="TW0002395001"/>
        </identifiers>
        <balance>3725726.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.47000000"/>
        <valUSD>35160422.35000000</valUSD>
        <pctVal>1.373359531994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sika AG</name>
        <lei>549300R3N69ECGYPU434</lei>
        <title>Sika AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0418792922"/>
        </identifiers>
        <balance>102516.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.77310000"/>
        <valUSD>19671843.71000000</valUSD>
        <pctVal>0.768378542273</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>Fukui Computer Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Fukui Computer Holdings, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3803800006"/>
        </identifiers>
        <balance>470400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="154.76000000"/>
        <valUSD>9627712.07000000</valUSD>
        <pctVal>0.376056635810</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>Funai Soken Holdings Inc.</name>
        <lei>N/A</lei>
        <title>Funai Soken Holdings Inc.</title>
        <cusip>J16309106</cusip>
        <identifiers>
          <isin value="JP3825800000"/>
        </identifiers>
        <balance>979200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="154.76000000"/>
        <valUSD>7097934.05000000</valUSD>
        <pctVal>0.277243978698</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>As One Corp.</name>
        <lei>N/A</lei>
        <title>As One Corp.</title>
        <cusip>J0332U102</cusip>
        <identifiers>
          <isin value="JP3131300000"/>
        </identifiers>
        <balance>488652.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="154.76000000"/>
        <valUSD>7340028.03000000</valUSD>
        <pctVal>0.286700124354</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>Kikkoman Corp.</name>
        <lei>529900T9K5UH9HXOND47</lei>
        <title>Kikkoman Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3240400006"/>
        </identifiers>
        <balance>4075700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="154.76000000"/>
        <valUSD>36867003.94000000</valUSD>
        <pctVal>1.440018290254</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>Rightmove PLC</name>
        <lei>2138001JXGCFKBXYB828</lei>
        <title>Rightmove PLC</title>
        <cusip>G7565D106</cusip>
        <identifiers>
          <isin value="GB00BGDT3G23"/>
        </identifiers>
        <balance>3132017.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73080000"/>
        <valUSD>21201893.43000000</valUSD>
        <pctVal>0.828141998653</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>MISUMI Group Inc.</name>
        <lei>353800SJWGE5BEK2V032</lei>
        <title>MISUMI Group Inc.</title>
        <cusip>J43293109</cusip>
        <identifiers>
          <isin value="JP3885400006"/>
        </identifiers>
        <balance>810700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="154.76000000"/>
        <valUSD>13401101.91000000</valUSD>
        <pctVal>0.523444538410</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>Nsd Co., Ltd.</name>
        <lei>N/A</lei>
        <title>Nsd Co., Ltd.</title>
        <cusip>J56107105</cusip>
        <identifiers>
          <isin value="JP3712600000"/>
        </identifiers>
        <balance>639694.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="154.76000000"/>
        <valUSD>13426091.96000000</valUSD>
        <pctVal>0.524420645097</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>Nof Corp.</name>
        <lei>N/A</lei>
        <title>Nof Corp.</title>
        <cusip>J58934100</cusip>
        <identifiers>
          <isin value="JP3753400005"/>
        </identifiers>
        <balance>907300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="154.76000000"/>
        <valUSD>17524026.90000000</valUSD>
        <pctVal>0.684485218706</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>Knorr-Bremse AG</name>
        <lei>5299001GRRO0Z25YZT52</lei>
        <title>Knorr-Bremse AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000KBX1006"/>
        </identifiers>
        <balance>378219.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84360000"/>
        <valUSD>44038008.46000000</valUSD>
        <pctVal>1.720116387867</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>TKC Corp.</name>
        <lei>N/A</lei>
        <title>TKC Corp.</title>
        <cusip>J83560102</cusip>
        <identifiers>
          <isin value="JP3539400006"/>
        </identifiers>
        <balance>626918.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="154.76000000"/>
        <valUSD>16483624.77000000</valUSD>
        <pctVal>0.643847305767</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>Tingyi (Cayman Islands) Holding Corp.</name>
        <lei>5299009MPI9B60VN4P25</lei>
        <title>Tingyi (Cayman Islands) Holding Corp.</title>
        <cusip>G8878S103</cusip>
        <identifiers>
          <isin value="KYG8878S1030"/>
        </identifiers>
        <balance>18340000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.81210000"/>
        <valUSD>27796653.91000000</valUSD>
        <pctVal>1.085732111657</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Azbil Corp.</name>
        <lei>N/A</lei>
        <title>Azbil Corp.</title>
        <cusip>J0370G106</cusip>
        <identifiers>
          <isin value="JP3937200008"/>
        </identifiers>
        <balance>4624800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="154.76000000"/>
        <valUSD>40474885.95000000</valUSD>
        <pctVal>1.580941487917</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>Tecan Group Ltd.</name>
        <lei>529900CSN9R3BLETSL26</lei>
        <title>Tecan Group Ltd., Class R</title>
        <cusip>H84774167</cusip>
        <identifiers>
          <isin value="CH0012100191"/>
        </identifiers>
        <balance>176032.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.77310000"/>
        <valUSD>31014222.00000000</valUSD>
        <pctVal>1.211409720483</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>Lectra</name>
        <lei>9695000KWQEBUDT6IO19</lei>
        <title>Lectra</title>
        <cusip>F56028107</cusip>
        <identifiers>
          <isin value="FR0000065484"/>
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        <balance>484942.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84360000"/>
        <valUSD>13001585.46000000</valUSD>
        <pctVal>0.507839500469</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>Jcu Corp.</name>
        <lei>N/A</lei>
        <title>Jcu Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3166200000"/>
        </identifiers>
        <balance>193100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="154.76000000"/>
        <valUSD>7058245.26000000</valUSD>
        <pctVal>0.275693741971</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>Partners Group Holding AG</name>
        <lei>549300I3IVVWZWDHI788</lei>
        <title>Partners Group Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0024608827"/>
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        <balance>60182.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.77310000"/>
        <valUSD>82060801.95000000</valUSD>
        <pctVal>3.205279602141</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>Mips AB</name>
        <lei>549300LZSA4S0L54VQ25</lei>
        <title>Mips AB</title>
        <cusip>W5648N127</cusip>
        <identifiers>
          <isin value="SE0009216278"/>
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        <balance>246380.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.90750000"/>
        <valUSD>7668837.46000000</valUSD>
        <pctVal>0.299543359296</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>ChemoMetec A/S</name>
        <lei>213800533NBKECGONO68</lei>
        <title>ChemoMetec A/S</title>
        <cusip>K18309102</cusip>
        <identifiers>
          <isin value="DK0060055861"/>
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        <balance>262900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.30040000"/>
        <valUSD>25408728.41000000</valUSD>
        <pctVal>0.992460187490</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>PriceSmart, Inc.</name>
        <lei>549300JVYOSTGVSDZS46</lei>
        <title>PriceSmart, Inc.</title>
        <cusip>741511109</cusip>
        <identifiers>
          <isin value="US7415111092"/>
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        <balance>161180.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>22921407.80000000</valUSD>
        <pctVal>0.895305908885</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="348144.00000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Greggs PLC</name>
        <lei>213800I71QMUFJ64IW20</lei>
        <title>Greggs PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B63QSB39"/>
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        <balance>953356.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73080000"/>
        <valUSD>20976859.80000000</valUSD>
        <pctVal>0.819352227082</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="20561923.35000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Invesco Treasury Portfolio</name>
        <lei>5493004B3TM8ZIDDDC39</lei>
        <title>Invesco Treasury Portfolio, Institutional Class</title>
        <cusip>825252406</cusip>
        <identifiers>
          <isin value="US8252524066"/>
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        <balance>8130361.54000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8130361.54000000</valUSD>
        <pctVal>0.317570403687</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Karnov Group AB</name>
        <lei>549300P7312749LJS754</lei>
        <title>Karnov Group AB</title>
        <cusip>W5S073100</cusip>
        <identifiers>
          <isin value="SE0012323715"/>
        </identifiers>
        <balance>1433826.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.90750000"/>
        <valUSD>15754267.44000000</valUSD>
        <pctVal>0.615358744640</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>Invesco Government &amp; Agency Portfolio</name>
        <lei>5493007T1J7WZ5QI1A47</lei>
        <title>Invesco Government &amp; Agency Portfolio, Institutional Class</title>
        <cusip>825252885</cusip>
        <identifiers>
          <isin value="US8252528851"/>
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        <balance>4377886.99000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4377886.99000000</valUSD>
        <pctVal>0.170999448409</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seria Co., Ltd.</name>
        <lei>N/A</lei>
        <title>Seria Co., Ltd.</title>
        <cusip>J7113X106</cusip>
        <identifiers>
          <isin value="JP3423520000"/>
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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>Computershare Ltd.</name>
        <lei>21380085HOKTMGLV9G93</lei>
        <title>Computershare Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CPU5"/>
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        <balance>1438446.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.43610000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>VZ Holding AG</name>
        <lei>529900JMJUZCFUVQ0Q82</lei>
        <title>VZ Holding AG</title>
        <cusip>H9239A111</cusip>
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          <isin value="CH0528751586"/>
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        <balance>202229.00000000</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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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Invesco Private Government Fund</name>
        <lei>N/A</lei>
        <title>Invesco Private Government Fund</title>
        <cusip>N/A</cusip>
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          <other otherDesc="CADIS_ID" value="2442116"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>PF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="8977864.75000000" isCashCollateral="Y"/>
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      <invstOrSec>
        <name>Sprott Inc.</name>
        <lei>254900QHJAD5TP2JNM15</lei>
        <title>Sprott Inc.</title>
        <cusip>852066208</cusip>
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          <isin value="CA8520662088"/>
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        <balance>141268.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Loomis AB</name>
        <lei>213800NS2XXVRYS7WP40</lei>
        <title>Loomis AB</title>
        <cusip>W5S50Y116</cusip>
        <identifiers>
          <isin value="SE0014504817"/>
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        <balance>593560.00000000</balance>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Invesco Private Prime Fund</name>
        <lei>N/A</lei>
        <title>Invesco Private Prime Fund</title>
        <cusip>N/A</cusip>
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          <other otherDesc="CADIS_ID" value="2487474"/>
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        <balance>23328959.58890000</balance>
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        <curCd>USD</curCd>
        <valUSD>23328959.58890000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>PF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="23328959.58890000" isCashCollateral="Y"/>
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      <invstOrSec>
        <name>Addtech AB</name>
        <lei>549300QZ5U2IDRHPWL60</lei>
        <title>Addtech AB, Class B</title>
        <cusip>W4260L147</cusip>
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          <isin value="SE0014781795"/>
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        <balance>719710.00000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="8.90750000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Olympus Corp.</name>
        <lei>5299000Y52IFDI1I2A21</lei>
        <title>Olympus Corp.</title>
        <cusip>J61240107</cusip>
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          <isin value="JP3201200007"/>
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        <balance>2310400.00000000</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>Park Systems Corp.</name>
        <lei>N/A</lei>
        <title>Park Systems Corp.</title>
        <cusip>Y6S06Q106</cusip>
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          <isin value="KR7140860008"/>
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        <balance>80025.00000000</balance>
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        <currencyConditional curCd="KRW" exchangeRt="1439.40000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FUCHS SE</name>
        <lei>529900SNF9E1P5ZO4P98</lei>
        <title>FUCHS SE, Preference Shares</title>
        <cusip>D27462379</cusip>
        <identifiers>
          <isin value="DE000A3E5D64"/>
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        <balance>549949.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84360000"/>
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        <pctVal>0.928552247438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Neurones</name>
        <lei>9695008Y07TSG8SZCG57</lei>
        <title>Neurones</title>
        <cusip>N/A</cusip>
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          <isin value="FR0004050250"/>
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        <balance>530198.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84360000"/>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Gruma, S.A.B. de C.V.</name>
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        <title>Gruma, S.A.B. de C.V., Class B</title>
        <cusip>P4948K121</cusip>
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          <isin value="MXP4948K1056"/>
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        <balance>1695362.00000000</balance>
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        <currencyConditional curCd="MXN" exchangeRt="17.47600000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CTS Eventim AG &amp; Co. KGaA</name>
        <lei>529900FDHSN08UBJII80</lei>
        <title>CTS Eventim AG &amp; Co. KGaA</title>
        <cusip>D1648T108</cusip>
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          <isin value="DE0005470306"/>
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        <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>
        <name>PT United Tractors Tbk</name>
        <lei>529900N9ELYOWQV4FW14</lei>
        <title>PT United Tractors Tbk</title>
        <cusip>Y7146Y140</cusip>
        <identifiers>
          <isin value="ID1000058407"/>
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        <balance>12210700.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Shimano Inc.</name>
        <lei>529900L32YT3P9DECR10</lei>
        <title>Shimano Inc.</title>
        <cusip>N/A</cusip>
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          <isin value="JP3358000002"/>
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        <balance>229700.00000000</balance>
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        <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>
      <invstOrSec>
        <name>PT Selamat Sempurna Tbk.</name>
        <lei>N/A</lei>
        <title>PT Selamat Sempurna Tbk.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ID1000095409"/>
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        <balance>95660900.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PT Indofood CBP Sukses Makmur Tbk</name>
        <lei>254900YKZW9GRKZZN285</lei>
        <title>PT Indofood CBP Sukses Makmur Tbk</title>
        <cusip>Y71260106</cusip>
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          <isin value="ID1000116700"/>
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        <balance>39124200.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>ID</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pandora A/S</name>
        <lei>5299007OWYZ6I1E46843</lei>
        <title>Pandora A/S</title>
        <cusip>N/A</cusip>
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          <isin value="DK0060252690"/>
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        <balance>254137.00000000</balance>
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        <currencyConditional curCd="DKK" exchangeRt="6.30040000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>DK</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ATOSS Software SE</name>
        <lei>529900Q9G9280ADNOA39</lei>
        <title>ATOSS Software SE</title>
        <cusip>D0426N101</cusip>
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          <isin value="DE0005104400"/>
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        <balance>88141.00000000</balance>
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        <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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      <invstOrSec>
        <name>Meitec Group Holdings Inc.</name>
        <lei>N/A</lei>
        <title>Meitec Group Holdings Inc.</title>
        <cusip>J42067108</cusip>
        <identifiers>
          <isin value="JP3919200000"/>
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        <balance>1184558.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Woolworths Group Ltd.</name>
        <lei>QNWEWQBS7HP85QHXQL92</lei>
        <title>Woolworths Group Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000WOW2"/>
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        <balance>542194.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.43610000"/>
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        <pctVal>0.454487882351</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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      <invstOrSec>
        <name>Coway Co., Ltd.</name>
        <lei>N/A</lei>
        <title>Coway Co., Ltd.</title>
        <cusip>Y1786S109</cusip>
        <identifiers>
          <isin value="KR7021240007"/>
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        <balance>531459.00000000</balance>
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        <valUSD>30750300.15000000</valUSD>
        <pctVal>1.201100982300</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tenaris S.A.</name>
        <lei>549300Y7C05BKC4HZB40</lei>
        <title>Tenaris S.A., ADR</title>
        <cusip>88031M109</cusip>
        <identifiers>
          <isin value="US88031M1099"/>
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        <balance>330604.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14645757.20000000</valUSD>
        <pctVal>0.572060541641</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="9953754.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HKT Trust and HKT Ltd.</name>
        <lei>N/A</lei>
        <title>HKT Trust and HKT Ltd.</title>
        <cusip>Y3R29Z107</cusip>
        <identifiers>
          <isin value="HK0000093390"/>
        </identifiers>
        <balance>15449000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.81210000"/>
        <valUSD>23152183.74000000</valUSD>
        <pctVal>0.904319974012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BKW AG</name>
        <lei>549300IE30SKTUO98Q38</lei>
        <title>BKW AG</title>
        <cusip>H10053108</cusip>
        <identifiers>
          <isin value="CH0130293662"/>
        </identifiers>
        <balance>136311.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.77310000"/>
        <valUSD>25771139.81000000</valUSD>
        <pctVal>1.006615909106</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>Sho-Bond Holdings Co., Ltd.</name>
        <lei>N/A</lei>
        <title>Sho-Bond Holdings Co., Ltd.</title>
        <cusip>J7447D107</cusip>
        <identifiers>
          <isin value="JP3360250009"/>
        </identifiers>
        <balance>2398000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="154.76000000"/>
        <valUSD>21526240.75000000</valUSD>
        <pctVal>0.840810944411</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>Raia Drogasil S.A.</name>
        <lei>N/A</lei>
        <title>Raia Drogasil S.A.</title>
        <cusip>P7942C102</cusip>
        <identifiers>
          <isin value="BRRADLACNOR0"/>
        </identifiers>
        <balance>8145533.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.26280000"/>
        <valUSD>37920394.95000000</valUSD>
        <pctVal>1.481163546420</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chow Tai Fook Jewellery Group Ltd.</name>
        <lei>254900VXRL7SRSF44G79</lei>
        <title>Chow Tai Fook Jewellery Group Ltd.</title>
        <cusip>G21146108</cusip>
        <identifiers>
          <isin value="KYG211461085"/>
        </identifiers>
        <balance>13285000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.81210000"/>
        <valUSD>24416366.15000000</valUSD>
        <pctVal>0.953698702904</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALS Ltd.</name>
        <lei>549300RYCQ8DMIO2J661</lei>
        <title>ALS Ltd.</title>
        <cusip>Q0266A116</cusip>
        <identifiers>
          <isin value="AU000000ALQ6"/>
        </identifiers>
        <balance>1109655.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.43610000"/>
        <valUSD>18921244.34000000</valUSD>
        <pctVal>0.739060271030</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>Mycronic AB</name>
        <lei>549300S5CCFESE4C6Y07</lei>
        <title>Mycronic AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0025158629"/>
        </identifiers>
        <balance>1382281.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.90750000"/>
        <valUSD>31817494.74000000</valUSD>
        <pctVal>1.242785403724</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>Cochlear Ltd.</name>
        <lei>5493001OLLWY8KV5UC08</lei>
        <title>Cochlear Ltd.</title>
        <cusip>Q25953102</cusip>
        <identifiers>
          <isin value="AU000000COH5"/>
        </identifiers>
        <balance>120323.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.43610000"/>
        <valUSD>22427410.25000000</valUSD>
        <pctVal>0.876010456819</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>Icon PLC</name>
        <lei>6354008SRQGEMC4XFI67</lei>
        <title>Icon PLC</title>
        <cusip>G4705A100</cusip>
        <identifiers>
          <isin value="IE0005711209"/>
        </identifiers>
        <balance>171839.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>30973979.75000000</valUSD>
        <pctVal>1.209837865712</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Odontoprev S.A.</name>
        <lei>N/A</lei>
        <title>Odontoprev S.A.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRODPVACNOR4"/>
        </identifiers>
        <balance>4883724.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.26280000"/>
        <valUSD>10430489.34000000</valUSD>
        <pctVal>0.407412966086</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk.</name>
        <lei>529900M5SQZAOKV1PC81</lei>
        <title>Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk.</title>
        <cusip>Y71474145</cusip>
        <identifiers>
          <isin value="ID1000129000"/>
        </identifiers>
        <balance>149732100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="16785.00000000"/>
        <valUSD>32006765.81000000</valUSD>
        <pctVal>1.250178296378</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Allegion PLC</name>
        <lei>984500560CAC2E6FB757</lei>
        <title>Allegion PLC</title>
        <cusip>G0176J109</cusip>
        <identifiers>
          <isin value="IE00BFRT3W74"/>
        </identifiers>
        <balance>116042.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>19192186.38000000</valUSD>
        <pctVal>0.749643216523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IMI PLC</name>
        <lei>2138002W9Q21PF751R30</lei>
        <title>IMI PLC</title>
        <cusip>G47152114</cusip>
        <identifiers>
          <isin value="GB00BGLP8L22"/>
        </identifiers>
        <balance>860244.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73080000"/>
        <valUSD>32484772.96000000</valUSD>
        <pctVal>1.268849166406</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>CCL Industries Inc.</name>
        <lei>549300TD3EMSRRC0YH75</lei>
        <title>CCL Industries Inc., Class B</title>
        <cusip>124900309</cusip>
        <identifiers>
          <isin value="CA1249003098"/>
        </identifiers>
        <balance>484117.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36170000"/>
        <valUSD>29175368.87000000</valUSD>
        <pctVal>1.139584460567</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cembra Money Bank AG</name>
        <lei>549300ZDHOETLAIVTE82</lei>
        <title>Cembra Money Bank AG</title>
        <cusip>H1329L107</cusip>
        <identifiers>
          <isin value="CH0225173167"/>
        </identifiers>
        <balance>198180.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.77310000"/>
        <valUSD>25333740.48000000</valUSD>
        <pctVal>0.989531172946</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>Disco Corp.</name>
        <lei>529900X0YGDYM51H4Q86</lei>
        <title>Disco Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3548600000"/>
        </identifiers>
        <balance>134600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="154.76000000"/>
        <valUSD>57373330.50000000</valUSD>
        <pctVal>2.240991576838</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>Sysmex Corp.</name>
        <lei>5299001ZO4CKWACMZI55</lei>
        <title>Sysmex Corp.</title>
        <cusip>J7864H102</cusip>
        <identifiers>
          <isin value="JP3351100007"/>
        </identifiers>
        <balance>1445500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="154.76000000"/>
        <valUSD>13677702.25000000</valUSD>
        <pctVal>0.534248496045</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>Nomura Research Institute, Ltd.</name>
        <lei>5299005F1HCVF4M4QN79</lei>
        <title>Nomura Research Institute, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3762800005"/>
        </identifiers>
        <balance>431100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="154.76000000"/>
        <valUSD>13114227.91000000</valUSD>
        <pctVal>0.512239293534</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</name>
        <lei>969500BVOHVZUUFWDT54</lei>
        <title>Gaztransport Et Technigaz</title>
        <cusip>F42674113</cusip>
        <identifiers>
          <isin value="FR0011726835"/>
        </identifiers>
        <balance>138408.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84360000"/>
        <valUSD>29819779.35000000</valUSD>
        <pctVal>1.164755013595</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>IMCD N.V.</name>
        <lei>724500NSJPNFJPDAUP02</lei>
        <title>IMCD N.V.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0010801007"/>
        </identifiers>
        <balance>243412.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84360000"/>
        <valUSD>22752308.09000000</valUSD>
        <pctVal>0.888700905786</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>Halma PLC</name>
        <lei>2138007FRGLUR9KGBT40</lei>
        <title>Halma PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0004052071"/>
        </identifiers>
        <balance>83824.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73080000"/>
        <valUSD>4071212.62000000</valUSD>
        <pctVal>0.159020804778</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>Andritz AG</name>
        <lei>549300VZKC61IR5U8G96</lei>
        <title>Andritz AG</title>
        <cusip>A11123105</cusip>
        <identifiers>
          <isin value="AT0000730007"/>
        </identifiers>
        <balance>322242.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84360000"/>
        <valUSD>27881787.25000000</valUSD>
        <pctVal>1.089057404022</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hudaco Industries Ltd.</name>
        <lei>N/A</lei>
        <title>Hudaco Industries Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000003273"/>
        </identifiers>
        <balance>599428.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.15380000"/>
        <valUSD>7533966.93000000</valUSD>
        <pctVal>0.294275341577</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bunzl PLC</name>
        <lei>213800Q1Q9DV4L78UM09</lei>
        <title>Bunzl PLC</title>
        <cusip>G16968110</cusip>
        <identifiers>
          <isin value="GB00B0744B38"/>
        </identifiers>
        <balance>1482290.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73080000"/>
        <valUSD>41567956.44000000</valUSD>
        <pctVal>1.623636617163</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>Vetoquinol S.A.</name>
        <lei>969500YP0AETQIK48R39</lei>
        <title>Vetoquinol S.A.</title>
        <cusip>F97121101</cusip>
        <identifiers>
          <isin value="FR0004186856"/>
        </identifiers>
        <balance>57661.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84360000"/>
        <valUSD>5940269.39000000</valUSD>
        <pctVal>0.232025813232</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>Rotork PLC</name>
        <lei>213800AH5RZIHGWRJ718</lei>
        <title>Rotork PLC</title>
        <cusip>G76717134</cusip>
        <identifiers>
          <isin value="GB00BVFNZH21"/>
        </identifiers>
        <balance>6881373.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73080000"/>
        <valUSD>33393585.94000000</valUSD>
        <pctVal>1.304347231715</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>Hexpol AB</name>
        <lei>549300MN30TBRLYN3465</lei>
        <title>Hexpol AB</title>
        <cusip>W4580B159</cusip>
        <identifiers>
          <isin value="SE0007074281"/>
        </identifiers>
        <balance>2356767.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.90750000"/>
        <valUSD>19289396.67000000</valUSD>
        <pctVal>0.753440232300</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>Svenska Handelsbanken AB</name>
        <lei>NHBDILHZTYCNBV5UYZ31</lei>
        <title>Svenska Handelsbanken AB, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0007100599"/>
        </identifiers>
        <balance>3141942.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="8.90750000"/>
        <valUSD>49532879.47000000</valUSD>
        <pctVal>1.934745023540</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>NICE Information Service Co., Ltd.</name>
        <lei>N/A</lei>
        <title>NICE Information Service Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7030190003"/>
        </identifiers>
        <balance>547010.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1439.40000000"/>
        <valUSD>6577190.52000000</valUSD>
        <pctVal>0.256903833647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Spirax Group PLC</name>
        <lei>213800WFVZQMHOZP2W17</lei>
        <title>Spirax Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BWFGQN14"/>
        </identifiers>
        <balance>564363.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73080000"/>
        <valUSD>56235593.19000000</valUSD>
        <pctVal>2.196551769943</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>Metro Inc.</name>
        <lei>549300KQ7DCG4IXSNW78</lei>
        <title>Metro Inc.</title>
        <cusip>59162N109</cusip>
        <identifiers>
          <isin value="CA59162N1096"/>
        </identifiers>
        <balance>252110.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.36170000"/>
        <valUSD>16735741.86000000</valUSD>
        <pctVal>0.653694952228</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-03-02</ncom:dateSigned>
      <ncom:nameOfApplicant>AIM International Mutual Funds (Invesco International Mutual Funds)</ncom:nameOfApplicant>
      <ncom:signature>Adrien Deberghes</ncom:signature>
      <ncom:signerName>Adrien Deberghes</ncom:signerName>
      <ncom:title>Principal Financial Officer and Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
