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        <invCountry>CN</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Petroleo Brasileiro SA</name>
        <lei>5493000J801JZRCMFE49</lei>
        <title>Petroleo Brasileiro SA</title>
        <cusip>000000000</cusip>
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          <isin value="BRPETRACNOR9"/>
          <ticker value="PETR3"/>
          <other otherDesc="SEDOL" value="2682365"/>
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        <balance>63241.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP GLOBAL MARKETS INC.</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>CITIGROUP GLOBAL MARKETS INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="9084290014"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1000000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="MBNUM2BPBDO7JBLYG310" name="CITIGROUP GLOBAL MARKETS INC."/>
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            <repurchaseCollateral>
              <principalAmt>420934.21052631</principalAmt>
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              <collateralVal>411451.56149473</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>UST</invstCat>
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            <repurchaseCollateral>
              <principalAmt>745692.64000000</principalAmt>
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              <collateralVal>608548.43905263</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>AMBS</invstCat>
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          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="1000000.00000000" isCashCollateral="Y"/>
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      <invstOrSec>
        <name>LUKOIL PJSC</name>
        <lei>549300LCJ1UJXHYBWI24</lei>
        <title>LUKOIL PJSC</title>
        <cusip>69343P105</cusip>
        <identifiers>
          <isin value="US69343P1057"/>
          <ticker value="LUKOY"/>
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        <balance>22051.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BeiGene Ltd</name>
        <lei>549300JFUK6FRD5MH739</lei>
        <title>BeiGene Ltd</title>
        <cusip>07725L102</cusip>
        <identifiers>
          <isin value="US07725L1026"/>
          <ticker value="BGNE"/>
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        <balance>3511.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>561760.00000000</valUSD>
        <pctVal>0.124130262978</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Telkom Indonesia Persero Tbk P</name>
        <lei>529900M5SQZAOKV1PC81</lei>
        <title>Telkom Indonesia Persero Tbk PT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ID1000129000"/>
          <ticker value="TLKM"/>
          <other otherDesc="SEDOL" value="BD4T6W7"/>
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        <balance>3503300.00000000</balance>
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        <currencyConditional curCd="IDR" exchangeRt="14497.00000000"/>
        <valUSD>1116454.85000000</valUSD>
        <pctVal>0.246699362955</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cholamandalam Investment and F</name>
        <lei>3358008DNPV45O4EII52</lei>
        <title>Cholamandalam Investment and Finance Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="INE121A01024"/>
          <ticker value="CIFC"/>
          <other otherDesc="SEDOL" value="BJ9K2H4"/>
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        <balance>227000.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>2173999.33000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHINA POWER</name>
        <lei>529900MDOW3M0UV2ST42</lei>
        <title>China Power International Development Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HK2380027329"/>
          <ticker value="2380"/>
          <other otherDesc="SEDOL" value="B02ZKQ8"/>
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        <balance>808000.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>390681.03000000</valUSD>
        <pctVal>0.086327504618</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KCC Corp</name>
        <lei>988400BF3M5UFPF3PH17</lei>
        <title>KCC Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7002380004"/>
          <ticker value="002380"/>
          <other otherDesc="SEDOL" value="6490917"/>
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        <balance>1015.00000000</balance>
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        <currencyConditional curCd="KRW" exchangeRt="1256.00000000"/>
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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>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Transneft PJSC</name>
        <lei>N/A</lei>
        <title>Transneft PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU0009091573"/>
          <ticker value="TRNFP"/>
          <other otherDesc="SEDOL" value="B59NHY7"/>
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        <balance>217.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.35000000"/>
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        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mesaieed Petrochemical Holding</name>
        <lei>N/A</lei>
        <title>Mesaieed Petrochemical Holding Co</title>
        <cusip>000000000</cusip>
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          <isin value="QA000VSUG130"/>
          <ticker value="MPHC"/>
          <other otherDesc="SEDOL" value="BK4Z0B1"/>
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        <balance>444396.00000000</balance>
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        <currencyConditional curCd="QAR" exchangeRt="3.64175000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Synnex Technology Internationa</name>
        <lei>529900GMBJ3R4A2WBC71</lei>
        <title>Synnex Technology International Corp</title>
        <cusip>000000000</cusip>
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          <isin value="TW0002347002"/>
          <ticker value="2347"/>
          <other otherDesc="SEDOL" value="6868439"/>
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        <balance>95000.00000000</balance>
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        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AU Optronics Corp</name>
        <lei>391200L7PIS4QXYJUQ72</lei>
        <title>AU Optronics Corp</title>
        <cusip>000000000</cusip>
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          <isin value="TW0002409000"/>
          <ticker value="2409"/>
          <other otherDesc="SEDOL" value="6288190"/>
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        <balance>1690000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Energisa SA</name>
        <lei>N/A</lei>
        <title>Energisa SA</title>
        <cusip>000000000</cusip>
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          <isin value="BRENGICDAM16"/>
          <ticker value="ENGI11"/>
          <other otherDesc="SEDOL" value="B56XQT8"/>
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        <balance>46531.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Transmissora Alianca de Energi</name>
        <lei>N/A</lei>
        <title>Transmissora Alianca de Energia Eletrica SA</title>
        <cusip>000000000</cusip>
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          <isin value="BRTAEECDAM10"/>
          <ticker value="TAEE11"/>
          <other otherDesc="SEDOL" value="B1G8KX7"/>
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        <balance>50273.00000000</balance>
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        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tata Steel Ltd</name>
        <lei>335800E6C75YGSGD5T66</lei>
        <title>Tata Steel Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="INE081A01012"/>
          <ticker value="TATA"/>
          <other otherDesc="SEDOL" value="6101156"/>
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        <assetCat>EC</assetCat>
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        <invCountry>IN</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Grupo Aeroportuario del Pacifi</name>
        <lei>4469000001BZ368XFI90</lei>
        <title>Grupo Aeroportuario del Pacifico SAB de CV</title>
        <cusip>000000000</cusip>
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          <isin value="MX01GA000004"/>
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        <assetCat>EC</assetCat>
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        <invCountry>MX</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Weibo Corp</name>
        <lei>549300Q9ID4640FE0422</lei>
        <title>Weibo Corp</title>
        <cusip>948596101</cusip>
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          <isin value="US9485961018"/>
          <ticker value="WB"/>
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        <balance>26415.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tata Consumer Products Ltd</name>
        <lei>335800LOXFWU8ZQJMD12</lei>
        <title>Tata Consumer Products Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="INE192A01025"/>
          <ticker value="TATACONS"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ReNew Energy Global PLC</name>
        <lei>254900SL77LA2KAG7R65</lei>
        <title>ReNew Energy Global PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00BNQMPN80"/>
          <ticker value="RNW"/>
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        <balance>57000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>454860.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Magnitogorsk Iron &amp; Steel Work</name>
        <lei>253400XSJ4C01YMCXG44</lei>
        <title>Magnitogorsk Iron &amp; Steel Works PJSC</title>
        <cusip>000000000</cusip>
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          <isin value="RU0009084396"/>
          <ticker value="MAGN"/>
          <other otherDesc="SEDOL" value="B5B1RP0"/>
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        <balance>271070.00000000</balance>
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        <currencyConditional curCd="RUB" exchangeRt="71.35000000"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Page Industries Ltd</name>
        <lei>335800D6UFCCKUP3KD53</lei>
        <title>Page Industries Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE761H01022"/>
          <ticker value="PAG"/>
          <other otherDesc="SEDOL" value="B1VJS64"/>
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        <balance>516.00000000</balance>
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        <pctVal>0.067610801686</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eregli Demir ve Celik Fabrikal</name>
        <lei>789000VYQF5IDGG49908</lei>
        <title>Eregli Demir ve Celik Fabrikalari TAS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TRAEREGL91G3"/>
          <ticker value="EREGL"/>
          <other otherDesc="SEDOL" value="B03MS97"/>
        </identifiers>
        <balance>149574.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="14.84825000"/>
        <valUSD>338067.01000000</valUSD>
        <pctVal>0.074701557347</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cathay Financial Holding Co Lt</name>
        <lei>5299009XR1QLFAMQ3X77</lei>
        <title>Cathay Financial Holding Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002882008"/>
          <ticker value="2882"/>
          <other otherDesc="SEDOL" value="6425663"/>
        </identifiers>
        <balance>145000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>304871.60000000</valUSD>
        <pctVal>0.067366476578</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>CHINA RES POWER</name>
        <lei>529900K60FC0AI053735</lei>
        <title>China Resources Power Holdings Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HK0836012952"/>
          <ticker value="836"/>
          <other otherDesc="SEDOL" value="6711566"/>
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        <balance>288000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>541535.32000000</valUSD>
        <pctVal>0.119661281834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HSBC SECURITIES (USA) INC.</name>
        <lei>CYYGQCGNHMHPSMRL3R97</lei>
        <title>HSBC SECURITIES USA INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="3222440032"/>
        </identifiers>
        <balance>48283.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48283.00000000</valUSD>
        <pctVal>0.010668936000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="CYYGQCGNHMHPSMRL3R97" name="HSBC SECURITIES (USA) INC."/>
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          </notClearedCentCparty>
          <isTriParty>Y</isTriParty>
          <repurchaseRt>0.29500000</repurchaseRt>
          <maturityDt>2022-05-02</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>61269.35534608</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>49248.66004055</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>UST</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="48283.00000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Distell Group Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Distell Group Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000248811"/>
          <ticker value="DGH"/>
          <other otherDesc="SEDOL" value="BF52H71"/>
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        <balance>23652.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>259262.16000000</valUSD>
        <pctVal>0.057288308354</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marfrig Global Foods SA</name>
        <lei>391200219USWMOBN3F92</lei>
        <title>Marfrig Global Foods SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRMRFGACNOR0"/>
          <ticker value="MRFG3"/>
          <other otherDesc="SEDOL" value="B1YWHR4"/>
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        <balance>56889.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
        <valUSD>216672.88000000</valUSD>
        <pctVal>0.047877494970</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>Transneft PJSC</name>
        <lei>N/A</lei>
        <title>Transneft PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU0009091573"/>
          <ticker value="TRNFP"/>
          <other otherDesc="SEDOL" value="5404726"/>
        </identifiers>
        <balance>378.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aurobindo Pharma Ltd</name>
        <lei>335800G4T2A353RDGM23</lei>
        <title>Aurobindo Pharma Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE406A01037"/>
          <ticker value="ARBP"/>
          <other otherDesc="SEDOL" value="6702634"/>
        </identifiers>
        <balance>37209.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>304243.14000000</valUSD>
        <pctVal>0.067227607835</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fomento Economico Mexicano SAB</name>
        <lei>549300A8MDWDJNMLV153</lei>
        <title>Fomento Economico Mexicano SAB de CV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MXP320321310"/>
          <ticker value="FEMSAUBD"/>
          <other otherDesc="SEDOL" value="2242059"/>
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        <balance>89951.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.40650000"/>
        <valUSD>672786.67000000</valUSD>
        <pctVal>0.148663461754</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>Grasim Industries Ltd</name>
        <lei>335800WLY7FOIT3ERV21</lei>
        <title>Grasim Industries Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE047A01021"/>
          <ticker value="GRASIM"/>
          <other otherDesc="SEDOL" value="BYQKH33"/>
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        <balance>22959.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>504493.86000000</valUSD>
        <pctVal>0.111476352023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhihu Inc</name>
        <lei>N/A</lei>
        <title>Zhihu Inc</title>
        <cusip>98955N108</cusip>
        <identifiers>
          <isin value="US98955N1081"/>
          <ticker value="ZH"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6200.00000000</valUSD>
        <pctVal>0.001369993645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="6138.00000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Press Metal Aluminium Holdings</name>
        <lei>254900RO5GQ4M0YV5S47</lei>
        <title>Press Metal Aluminium Holdings Bhd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MYL8869OO009"/>
          <ticker value="PMAH"/>
          <other otherDesc="SEDOL" value="BF0J5S4"/>
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        <balance>175600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.35350000"/>
        <valUSD>240733.38000000</valUSD>
        <pctVal>0.053194064666</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Chailease Holding Co Ltd</name>
        <lei>529900L76E6T0JCM3J27</lei>
        <title>Chailease Holding Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG202881093"/>
          <ticker value="5871"/>
          <other otherDesc="SEDOL" value="B58J1S8"/>
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        <balance>59278.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>471070.96000000</valUSD>
        <pctVal>0.104091003535</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</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>Petronas Gas Bhd</name>
        <lei>N/A</lei>
        <title>Petronas Gas Bhd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MYL6033OO004"/>
          <ticker value="PTG"/>
          <other otherDesc="SEDOL" value="6703972"/>
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        <balance>82500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.35350000"/>
        <valUSD>321370.75000000</valUSD>
        <pctVal>0.071012239588</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sendas Distribuidora SA</name>
        <lei>N/A</lei>
        <title>Sendas Distribuidora SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRASAIACNOR0"/>
          <ticker value="ASAI3"/>
          <other otherDesc="SEDOL" value="BMZ9R04"/>
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        <balance>100012.00000000</balance>
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        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ambuja Cements Ltd</name>
        <lei>335800NT6LQHR1428E20</lei>
        <title>Ambuja Cements Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE079A01024"/>
          <ticker value="ACEM"/>
          <other otherDesc="SEDOL" value="B09QQ11"/>
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        <balance>91667.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
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        <pctVal>0.098006746852</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ACC Ltd</name>
        <lei>335800569A6H12LH4677</lei>
        <title>ACC Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE012A01025"/>
          <ticker value="ACC"/>
          <other otherDesc="SEDOL" value="6155915"/>
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        <balance>15190.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>459498.78000000</valUSD>
        <pctVal>0.101533936911</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Woori Financial Group Inc</name>
        <lei>N/A</lei>
        <title>Woori Financial Group Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7316140003"/>
          <ticker value="316140"/>
          <other otherDesc="SEDOL" value="BGHWH98"/>
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        <balance>29928.00000000</balance>
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        <currencyConditional curCd="KRW" exchangeRt="1256.00000000"/>
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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>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Naspers Ltd</name>
        <lei>21380044BQ8812EEKT59</lei>
        <title>Naspers Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000015889"/>
          <ticker value="NPN"/>
          <other otherDesc="SEDOL" value="6622691"/>
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        <balance>1577.00000000</balance>
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        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>159049.86000000</valUSD>
        <pctVal>0.035144725413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</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>Americanas SA</name>
        <lei>N/A</lei>
        <title>Americanas SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRAMERACNOR6"/>
          <ticker value="AMER3"/>
          <other otherDesc="SEDOL" value="BN925F7"/>
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        <balance>314301.00000000</balance>
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        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
        <valUSD>1526384.17000000</valUSD>
        <pctVal>0.337280099024</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SHINHAN FINANCIAL GROUP CO LTD</name>
        <lei>988400EB8A6G49E5KO54</lei>
        <title>SHINHAN FINANCIAL GROUP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7055550008"/>
          <ticker value="055550"/>
          <other otherDesc="SEDOL" value="6397502"/>
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        <balance>12578.00000000</balance>
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        <currencyConditional curCd="KRW" exchangeRt="1256.00000000"/>
        <valUSD>417899.31000000</valUSD>
        <pctVal>0.092341838594</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>China Education Group Holdings</name>
        <lei>549300A81YHS5D5PYD04</lei>
        <title>China Education Group Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG2163M1033"/>
          <ticker value="839"/>
          <other otherDesc="SEDOL" value="BF13433"/>
        </identifiers>
        <balance>3237000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>2758692.93000000</valUSD>
        <pctVal>0.609579320131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SBERBANK OF RUSSIA PJSC</name>
        <lei>549300WE6TAF5EEWQS81</lei>
        <title>SBERBANK PJSC -SPONSORED ADR</title>
        <cusip>80585Y308</cusip>
        <identifiers>
          <isin value="US80585Y3080"/>
          <ticker value="SBER"/>
        </identifiers>
        <balance>251395.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POSCO Holdings Inc</name>
        <lei>988400E5HRVX81AYLM04</lei>
        <title>POSCO Holdings Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7005490008"/>
          <ticker value="005490"/>
          <other otherDesc="SEDOL" value="6693233"/>
        </identifiers>
        <balance>5465.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1256.00000000"/>
        <valUSD>1247805.95000000</valUSD>
        <pctVal>0.275723584305</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>Hyundai Mobis Co Ltd</name>
        <lei>988400HJA9E0ZVDHRS65</lei>
        <title>Hyundai Mobis Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7012330007"/>
          <ticker value="012330"/>
          <other otherDesc="SEDOL" value="6449544"/>
        </identifiers>
        <balance>1931.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1256.00000000"/>
        <valUSD>314148.83000000</valUSD>
        <pctVal>0.069416435634</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Jarir Marketing Co</name>
        <lei>N/A</lei>
        <title>Jarir Marketing Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA000A0BLA62"/>
          <ticker value="JARIR"/>
          <other otherDesc="SEDOL" value="B128FM5"/>
        </identifiers>
        <balance>12177.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75080000"/>
        <valUSD>621826.58000000</valUSD>
        <pctVal>0.137402977966</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Vedanta Ltd</name>
        <lei>335800XDKX9KB5EMCO07</lei>
        <title>Vedanta Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE205A01025"/>
          <ticker value="VEDL"/>
          <other otherDesc="SEDOL" value="6136040"/>
        </identifiers>
        <balance>131245.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>690389.07000000</valUSD>
        <pctVal>0.152553006295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wuliangye Yibin Co Ltd</name>
        <lei>N/A</lei>
        <title>Wuliangye Yibin Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000VQ8"/>
          <ticker value="000858"/>
          <other otherDesc="SEDOL" value="BD5CPG2"/>
        </identifiers>
        <balance>278600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.58700000"/>
        <valUSD>6808701.04000000</valUSD>
        <pctVal>1.504496316284</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHENZHOU INTL</name>
        <lei>529900B4W41TCUKJFM73</lei>
        <title>Shenzhou International Group Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG8087W1015"/>
          <ticker value="2313"/>
          <other otherDesc="SEDOL" value="B0MP1B0"/>
        </identifiers>
        <balance>60900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>826350.14000000</valUSD>
        <pctVal>0.182595877581</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Micron Technology Inc</name>
        <lei>B3DXGBC8GAIYWI2Z0172</lei>
        <title>Micron Technology Inc</title>
        <cusip>595112103</cusip>
        <identifiers>
          <isin value="US5951121038"/>
          <ticker value="MU"/>
        </identifiers>
        <balance>33334.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2273045.46000000</valUSD>
        <pctVal>0.502267393035</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Intel Corp</name>
        <lei>KNX4USFCNGPY45LOCE31</lei>
        <title>Intel Corp</title>
        <cusip>458140100</cusip>
        <identifiers>
          <isin value="US4581401001"/>
          <ticker value="INTC"/>
        </identifiers>
        <balance>17482.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>762040.38000000</valUSD>
        <pctVal>0.168385561039</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grupo Bimbo SAB de CV</name>
        <lei>5493000RIXURZEBFEV60</lei>
        <title>Grupo Bimbo SAB de CV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MXP495211262"/>
          <ticker value="BIMBOA"/>
          <other otherDesc="SEDOL" value="2392471"/>
        </identifiers>
        <balance>296817.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.40650000"/>
        <valUSD>913876.07000000</valUSD>
        <pctVal>0.201936194991</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>Surgutneftegas PJSC</name>
        <lei>2138002GZLU65FRAC894</lei>
        <title>Surgutneftegas PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU0009029524"/>
          <ticker value="SNGSP"/>
          <other otherDesc="SEDOL" value="B5BHR47"/>
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        <balance>324722.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Infracommerce CXAAS SA</name>
        <lei>N/A</lei>
        <title>Infracommerce CXAAS SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRIFCMACNOR8"/>
          <ticker value="IFCM3"/>
          <other otherDesc="SEDOL" value="BMDWXD0"/>
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        <balance>238700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
        <valUSD>344245.19000000</valUSD>
        <pctVal>0.076066729499</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>
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      </invstOrSec>
      <invstOrSec>
        <name>America Movil SAB de CV</name>
        <lei>5493000FNR3UCEAONM59</lei>
        <title>America Movil SAB de CV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MXP001691213"/>
          <ticker value="AMXL"/>
          <other otherDesc="SEDOL" value="2667470"/>
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        <balance>1121092.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.40650000"/>
        <valUSD>1093265.91000000</valUSD>
        <pctVal>0.241575379011</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>
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      </invstOrSec>
      <invstOrSec>
        <name>iQIYI Inc</name>
        <lei>222100XL8T2Q5B8MS302</lei>
        <title>iQIYI Inc</title>
        <cusip>46267X108</cusip>
        <identifiers>
          <isin value="US46267X1081"/>
          <ticker value="IQ"/>
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        <balance>21823.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>77689.88000000</valUSD>
        <pctVal>0.017166877732</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EDP - Energias do Brasil SA</name>
        <lei>529900MT3VH5D7T9FR43</lei>
        <title>EDP - Energias do Brasil SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRENBRACNOR2"/>
          <ticker value="ENBR3"/>
          <other otherDesc="SEDOL" value="B0D7494"/>
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        <balance>82730.00000000</balance>
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        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
        <valUSD>355923.32000000</valUSD>
        <pctVal>0.078647207547</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Banco Bradesco SA</name>
        <lei>549300CTUU1RFXHQJE44</lei>
        <title>Banco Bradesco SA</title>
        <cusip>059460303</cusip>
        <identifiers>
          <isin value="US0594603039"/>
          <ticker value="BBD"/>
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        <balance>491954.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1771034.40000000</valUSD>
        <pctVal>0.391339657176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SINOPEC CORP</name>
        <lei>529900A2OB24EZ5B3J19</lei>
        <title>China Petroleum &amp; Chemical Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000002Q2"/>
          <ticker value="386"/>
          <other otherDesc="SEDOL" value="6291819"/>
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        <balance>1389650.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>680194.98000000</valUSD>
        <pctVal>0.150300451694</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Qatar Aluminum Manufacturing C</name>
        <lei>N/A</lei>
        <title>Qatar Aluminum Manufacturing Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="QA000M2522L9"/>
          <ticker value="QAMC"/>
          <other otherDesc="SEDOL" value="BH4NZS6"/>
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        <balance>409008.00000000</balance>
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        <currencyConditional curCd="QAR" exchangeRt="3.64175000"/>
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        <pctVal>0.059560696927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>United Tractors Tbk PT</name>
        <lei>529900N9ELYOWQV4FW14</lei>
        <title>United Tractors Tbk PT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ID1000058407"/>
          <ticker value="UNTR"/>
          <other otherDesc="SEDOL" value="6230845"/>
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        <balance>322800.00000000</balance>
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        <currencyConditional curCd="IDR" exchangeRt="14497.00000000"/>
        <valUSD>674123.61000000</valUSD>
        <pctVal>0.148958880997</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING ENT</name>
        <lei>529900896ODARUEY2V26</lei>
        <title>Beijing Enterprises Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HK0392044647"/>
          <ticker value="392"/>
          <other otherDesc="SEDOL" value="6081690"/>
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        <balance>142500.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>481742.25000000</valUSD>
        <pctVal>0.106449003453</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fleury SA</name>
        <lei>N/A</lei>
        <title>Fleury SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRFLRYACNOR5"/>
          <ticker value="FLRY3"/>
          <other otherDesc="SEDOL" value="B4X4D29"/>
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        <balance>235000.00000000</balance>
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        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
        <valUSD>687800.24000000</valUSD>
        <pctVal>0.151980961029</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Advanced Petrochemical Co</name>
        <lei>N/A</lei>
        <title>Advanced Petrochemical Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA000A0LE310"/>
          <ticker value="APPC"/>
          <other otherDesc="SEDOL" value="B1P6WF8"/>
        </identifiers>
        <balance>18941.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75080000"/>
        <valUSD>336963.73000000</valUSD>
        <pctVal>0.074457769187</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</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>Dr Reddy's Laboratories Ltd</name>
        <lei>335800OVDPY3DVZR2798</lei>
        <title>Dr Reddy's Laboratories Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE089A01023"/>
          <ticker value="DRRD"/>
          <other otherDesc="SEDOL" value="6410959"/>
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        <balance>6862.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>369567.00000000</valUSD>
        <pctVal>0.081662006725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</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>LUKOIL PJSC</name>
        <lei>549300LCJ1UJXHYBWI24</lei>
        <title>LUKOIL PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU0009024277"/>
          <ticker value="LKOH"/>
          <other otherDesc="SEDOL" value="B59SNS8"/>
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        <balance>3417.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.35000000"/>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BRF SA</name>
        <lei>254900MTXR9LUVQFU480</lei>
        <title>BRF SA</title>
        <cusip>10552T107</cusip>
        <identifiers>
          <isin value="US10552T1079"/>
          <ticker value="BRFS"/>
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        <balance>194691.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>545134.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="456422.40000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Rio Tinto PLC</name>
        <lei>213800YOEO5OQ72G2R82</lei>
        <title>Rio Tinto PLC</title>
        <cusip>767204100</cusip>
        <identifiers>
          <isin value="US7672041008"/>
          <ticker value="RIO"/>
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        <balance>23677.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1683908.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="520242.80000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Reinet Investments SCA</name>
        <lei>222100830RQTFVV22S80</lei>
        <title>Reinet Investments SCA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="LU0383812293"/>
          <ticker value="RNI"/>
          <other otherDesc="SEDOL" value="BF52QF2"/>
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        <balance>54882.00000000</balance>
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        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>1115537.25000000</valUSD>
        <pctVal>0.246496603895</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Shoprite Holdings Ltd</name>
        <lei>529900Q4O1EYP6NH5150</lei>
        <title>Shoprite Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000012084"/>
          <ticker value="SHP"/>
          <other otherDesc="SEDOL" value="6801575"/>
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        <balance>79145.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>1143173.04000000</valUSD>
        <pctVal>0.252603193685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</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>African Rainbow Minerals Ltd</name>
        <lei>529900L3TPSCK8ZVZ589</lei>
        <title>African Rainbow Minerals Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000054045"/>
          <ticker value="ARI"/>
          <other otherDesc="SEDOL" value="6041122"/>
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        <balance>18269.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>302958.27000000</valUSD>
        <pctVal>0.066943694329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Shandong Head Group Co Ltd</name>
        <lei>N/A</lei>
        <title>Shandong Head Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002BP7"/>
          <ticker value="002810"/>
          <other otherDesc="SEDOL" value="BNR4M43"/>
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        <balance>141199.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="6.58700000"/>
        <valUSD>932315.58000000</valUSD>
        <pctVal>0.206010712980</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</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>PetroChina Co Ltd</name>
        <lei>529900RPY4YG47TRSV05</lei>
        <title>PetroChina Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000003W8"/>
          <ticker value="857"/>
          <other otherDesc="SEDOL" value="6226576"/>
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        <balance>6986000.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>3316212.45000000</valUSD>
        <pctVal>0.732772578165</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</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>Cia de Minas Buenaventura SAA</name>
        <lei>529900WQB1ZU9KB6EL71</lei>
        <title>Cia de Minas Buenaventura SAA</title>
        <cusip>204448104</cusip>
        <identifiers>
          <isin value="US2044481040"/>
          <ticker value="BVN"/>
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        <balance>85591.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>807979.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BlackRock Liquidity FedFund</name>
        <lei>549300T8K043VZEOVK74</lei>
        <title>BlackRock Liquidity FedFund</title>
        <cusip>09248U700</cusip>
        <identifiers>
          <isin value="US09248U7000"/>
          <ticker value="TFDXX"/>
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        <balance>6001463.78000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6001463.78000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MAIL.RU GROUP LTD</name>
        <lei>2138009IXUP41SPL5B50</lei>
        <title>MAIL.RU GROUP-GDR REGS</title>
        <cusip>560317208</cusip>
        <identifiers>
          <isin value="US5603172082"/>
          <ticker value="VKCO"/>
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        <balance>18262.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Zee Entertainment Enterprises</name>
        <lei>254900EQIYPXZEO10B94</lei>
        <title>Zee Entertainment Enterprises Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE256A01028"/>
          <ticker value="Z"/>
          <other otherDesc="SEDOL" value="6188535"/>
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        <balance>40287.00000000</balance>
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        <pctVal>0.028581273678</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wuxi Shangji Automation Co Ltd</name>
        <lei>N/A</lei>
        <title>Wuxi Shangji Automation Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003JF9"/>
          <ticker value="603185"/>
          <other otherDesc="SEDOL" value="BK94808"/>
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        <balance>58300.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Delivery Hero SE</name>
        <lei>529900C3EX1FZGE48X78</lei>
        <title>Delivery Hero SE</title>
        <cusip>000000000</cusip>
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          <isin value="DE000A2E4K43"/>
          <ticker value="DHER"/>
          <other otherDesc="SEDOL" value="BZCNB42"/>
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        <balance>41900.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tofas Turk Otomobil Fabrikasi</name>
        <lei>789000YSTNETKLRWHT29</lei>
        <title>Tofas Turk Otomobil Fabrikasi AS</title>
        <cusip>000000000</cusip>
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          <isin value="TRATOASO91H3"/>
          <ticker value="TOASO"/>
          <other otherDesc="SEDOL" value="B03MY33"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Poya International Co Ltd</name>
        <lei>N/A</lei>
        <title>Poya International Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0005904007"/>
          <ticker value="5904"/>
          <other otherDesc="SEDOL" value="6541826"/>
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        <balance>122407.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Advantech Co Ltd</name>
        <lei>2549002OSTKE9HB9IY03</lei>
        <title>Advantech Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="TW0002395001"/>
          <ticker value="2395"/>
          <other otherDesc="SEDOL" value="6202673"/>
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        <balance>41794.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Getnet Adquirencia e Servicos</name>
        <lei>N/A</lei>
        <title>Getnet Adquirencia e Servicos para Meios de Pagamento SA</title>
        <cusip>37428A103</cusip>
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          <isin value="US37428A1034"/>
          <ticker value="GET"/>
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        <balance>11357.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15672.66000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>National Bank of Kuwait SAKP</name>
        <lei>549300NB7FE83IH6BW96</lei>
        <title>National Bank of Kuwait SAKP</title>
        <cusip>000000000</cusip>
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          <isin value="KW0EQ0100010"/>
          <ticker value="NBK"/>
          <other otherDesc="SEDOL" value="6889526"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fawry for Banking &amp; Payment Te</name>
        <lei>N/A</lei>
        <title>Fawry for Banking &amp; Payment Technology Services SAE</title>
        <cusip>000000000</cusip>
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          <isin value="EGS922Q1C014"/>
          <ticker value="FWRYR2"/>
          <other otherDesc="SEDOL" value="BMFTK27"/>
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        <balance>490475.93710000</balance>
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        <valUSD>101861.96000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JSL SA</name>
        <lei>N/A</lei>
        <title>JSL SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRJSLGACNOR2"/>
          <ticker value="JSLG3"/>
          <other otherDesc="SEDOL" value="B5LBY82"/>
        </identifiers>
        <balance>1226400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
        <valUSD>1805882.34000000</valUSD>
        <pctVal>0.399039892074</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>Meituan</name>
        <lei>21380033K525E5JLIA77</lei>
        <title>Meituan</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG596691041"/>
          <ticker value="3690"/>
          <other otherDesc="SEDOL" value="BGJW376"/>
        </identifiers>
        <balance>23100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>494949.98000000</valUSD>
        <pctVal>0.109367472191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Unimicron Technology Corp</name>
        <lei>N/A</lei>
        <title>Unimicron Technology Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0003037008"/>
          <ticker value="3037"/>
          <other otherDesc="SEDOL" value="6137720"/>
        </identifiers>
        <balance>54000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>378763.08000000</valUSD>
        <pctVal>0.083694034332</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>Life Healthcare Group Holdings</name>
        <lei>529900NEEWARTDD80135</lei>
        <title>Life Healthcare Group Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000145892"/>
          <ticker value="LHC"/>
          <other otherDesc="SEDOL" value="B4K90R1"/>
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        <balance>246112.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>335369.97000000</valUSD>
        <pctVal>0.074105601272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eclat Textile Co Ltd</name>
        <lei>N/A</lei>
        <title>Eclat Textile Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0001476000"/>
          <ticker value="1476"/>
          <other otherDesc="SEDOL" value="6345783"/>
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        <balance>18000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>295353.42000000</valUSD>
        <pctVal>0.065263275591</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</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>Turkcell Iletisim Hizmetleri A</name>
        <lei>7890003EX1LTLS2FFL84</lei>
        <title>Turkcell Iletisim Hizmetleri AS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TRATCELL91M1"/>
          <ticker value="TCELL"/>
          <other otherDesc="SEDOL" value="B03MYN3"/>
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        <balance>529692.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="14.84825000"/>
        <valUSD>771978.84000000</valUSD>
        <pctVal>0.170581629918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grupo Comercial Chedraui SA de</name>
        <lei>4469000001BRXSV0JO96</lei>
        <title>Grupo Comercial Chedraui SA de CV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MX01CH170002"/>
          <ticker value="CHDRAUI"/>
          <other otherDesc="SEDOL" value="B457NQ0"/>
        </identifiers>
        <balance>152132.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.40650000"/>
        <valUSD>383339.99000000</valUSD>
        <pctVal>0.084705379109</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Humansoft Holding Co KSC</name>
        <lei>N/A</lei>
        <title>Humansoft Holding Co KSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KW0EQ0601694"/>
          <ticker value="HUMANSFT"/>
          <other otherDesc="SEDOL" value="B13BYX7"/>
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        <balance>110186.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KWD" exchangeRt="0.30650000"/>
        <valUSD>1208673.90000000</valUSD>
        <pctVal>0.267076703684</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIC Ltd</name>
        <lei>2549006I3Q3M98KHOT11</lei>
        <title>CITIC Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HK0267001375"/>
          <ticker value="267"/>
          <other otherDesc="SEDOL" value="6196152"/>
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        <balance>366000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>378630.66000000</valUSD>
        <pctVal>0.083664773920</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alibaba Group Holding Ltd</name>
        <lei>5493001NTNQJDH60PM02</lei>
        <title>Alibaba Group Holding Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG017191142"/>
          <ticker value="9988"/>
          <other otherDesc="SEDOL" value="BK6YZP5"/>
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        <balance>374200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>4564375.34000000</valUSD>
        <pctVal>1.008575034331</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Coromandel International Ltd</name>
        <lei>335800U73K3HJSQKT249</lei>
        <title>Coromandel International Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE169A01031"/>
          <ticker value="CRIN"/>
          <other otherDesc="SEDOL" value="B0VDZN5"/>
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        <balance>26633.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>310198.49000000</valUSD>
        <pctVal>0.068543541973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ROSNEFT OIL CO PJSC-REGS GDR</name>
        <lei>253400JT3MQWNDKMJE44</lei>
        <title>ROSNEFT OIL CO PJSC</title>
        <cusip>67812M207</cusip>
        <identifiers>
          <isin value="US67812M2070"/>
          <ticker value="ROSN"/>
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        <balance>453015.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bidvest Group Ltd/The</name>
        <lei>5299002ARE4TRMIRGM72</lei>
        <title>Bidvest Group Ltd/The</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000117321"/>
          <ticker value="BVT"/>
          <other otherDesc="SEDOL" value="6100089"/>
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        <balance>67934.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>931280.65000000</valUSD>
        <pctVal>0.205782027896</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Acer Inc</name>
        <lei>2549006Z3IVAZIQEUM25</lei>
        <title>Acer Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002353000"/>
          <ticker value="2353"/>
          <other otherDesc="SEDOL" value="6005850"/>
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        <balance>927000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>860030.06000000</valUSD>
        <pctVal>0.190038018935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CTBC Financial Holding Co Ltd</name>
        <lei>549300IWDYIFW6JXM387</lei>
        <title>CTBC Financial Holding Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002891009"/>
          <ticker value="2891"/>
          <other otherDesc="SEDOL" value="6527666"/>
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        <balance>384000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>377709.72000000</valUSD>
        <pctVal>0.083461276831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Siam Cement PCL/The</name>
        <lei>529900SEH9QK8ZZDCQ89</lei>
        <title>Siam Cement PCL/The</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TH0003010Z12"/>
          <ticker value="SCC/F"/>
          <other otherDesc="SEDOL" value="6609906"/>
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        <balance>76300.00000000</balance>
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        <currencyConditional curCd="THB" exchangeRt="34.25000000"/>
        <valUSD>820068.51000000</valUSD>
        <pctVal>0.181207846422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chroma ATE Inc</name>
        <lei>N/A</lei>
        <title>Chroma ATE Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002360005"/>
          <ticker value="2360"/>
          <other otherDesc="SEDOL" value="6212100"/>
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        <balance>171500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chicony Electronics Co Ltd</name>
        <lei>254900JBP5GB5B1IHS51</lei>
        <title>Chicony Electronics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002385002"/>
          <ticker value="2385"/>
          <other otherDesc="SEDOL" value="6140579"/>
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        <balance>187000.00000000</balance>
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        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Grupo Aeroportuario del Surest</name>
        <lei>5299001W7JIDXCUOUC82</lei>
        <title>Grupo Aeroportuario del Sureste SAB de CV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MXP001661018"/>
          <ticker value="ASURB"/>
          <other otherDesc="SEDOL" value="2639349"/>
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        <balance>25086.00000000</balance>
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        <currencyConditional curCd="MXN" exchangeRt="20.40650000"/>
        <valUSD>547044.81000000</valUSD>
        <pctVal>0.120878695752</pctVal>
        <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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Metalurgica Gerdau SA</name>
        <lei>N/A</lei>
        <title>Metalurgica Gerdau SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRGOAUACNPR8"/>
          <ticker value="GOAU4"/>
          <other otherDesc="SEDOL" value="2648862"/>
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        <balance>140613.00000000</balance>
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        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
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        <pctVal>0.071770234975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Taiwan Mobile Co Ltd</name>
        <lei>N/A</lei>
        <title>Taiwan Mobile Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0003045001"/>
          <ticker value="3045"/>
          <other otherDesc="SEDOL" value="6290496"/>
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        <balance>96000.00000000</balance>
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        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>352693.03000000</valUSD>
        <pctVal>0.077933420970</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Raizen SA</name>
        <lei>N/A</lei>
        <title>Raizen SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRRAIZACNPR6"/>
          <ticker value="RAIZ4"/>
          <other otherDesc="SEDOL" value="BL66B27"/>
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        <balance>1167000.00000000</balance>
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        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
        <valUSD>1612194.70000000</valUSD>
        <pctVal>0.356241370128</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>Ganfeng Lithium Co Ltd</name>
        <lei>3003006BE6UOHWEOOR42</lei>
        <title>Ganfeng Lithium Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000SF6"/>
          <ticker value="002460"/>
          <other otherDesc="SEDOL" value="BD5CB19"/>
        </identifiers>
        <balance>65000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.58700000"/>
        <valUSD>1078002.67000000</valUSD>
        <pctVal>0.238202710976</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fubon Financial Holding Co Ltd</name>
        <lei>549300G7Y2TS2XNIB476</lei>
        <title>Fubon Financial Holding Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002881000"/>
          <ticker value="2881"/>
          <other otherDesc="SEDOL" value="6411673"/>
        </identifiers>
        <balance>118000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>296288.22000000</valUSD>
        <pctVal>0.065469835278</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>Detsky Mir PJSC</name>
        <lei>25340094SFG83VJ0YP24</lei>
        <title>Detsky Mir PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU000A0JSQ90"/>
          <ticker value="DSKY"/>
          <other otherDesc="SEDOL" value="BTSTNQ8"/>
        </identifiers>
        <balance>951000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.35000000"/>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chunghwa Telecom Co Ltd</name>
        <lei>N/A</lei>
        <title>Chunghwa Telecom Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002412004"/>
          <ticker value="2412"/>
          <other otherDesc="SEDOL" value="6287841"/>
        </identifiers>
        <balance>140000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>620615.63000000</valUSD>
        <pctVal>0.137135398320</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>Tatneft PJSC</name>
        <lei>253400PAT768SVJMV121</lei>
        <title>Tatneft PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU0009033591"/>
          <ticker value="TATN"/>
          <other otherDesc="SEDOL" value="B59BXN2"/>
        </identifiers>
        <balance>34543.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.35000000"/>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BHP Group Ltd</name>
        <lei>WZE1WSENV6JSZFK0JC28</lei>
        <title>BHP Group Ltd</title>
        <cusip>088606108</cusip>
        <identifiers>
          <isin value="US0886061086"/>
          <ticker value="BHP"/>
        </identifiers>
        <balance>14388.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>963708.24000000</valUSD>
        <pctVal>0.212947446001</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Barloworld Ltd</name>
        <lei>37890086DF1523D53926</lei>
        <title>Barloworld Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000026639"/>
          <ticker value="BAW"/>
          <other otherDesc="SEDOL" value="6079123"/>
        </identifiers>
        <balance>46692.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>339002.99000000</valUSD>
        <pctVal>0.074908377775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HON HAI PRECISION INDUSTRY CO LTD</name>
        <lei>30030004CM3GSZXX7O56</lei>
        <title>HON HAI PRECISION INDUSTRY</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002317005"/>
          <ticker value="2317"/>
          <other otherDesc="SEDOL" value="6438564"/>
        </identifiers>
        <balance>239000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>818833.33000000</valUSD>
        <pctVal>0.180934912753</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>Yuanta Financial</name>
        <lei>21380045JG57LJEFFE13</lei>
        <title>Yuanta Financial Holding Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002885001"/>
          <ticker value="2885"/>
          <other otherDesc="SEDOL" value="6424110"/>
        </identifiers>
        <balance>393000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>345915.99000000</valUSD>
        <pctVal>0.076435920690</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>CHINACOMSERVICE</name>
        <lei>529900JCDRVQE6YZKT86</lei>
        <title>China Communications Services Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000002G3"/>
          <ticker value="552"/>
          <other otherDesc="SEDOL" value="B1HVJ16"/>
        </identifiers>
        <balance>888000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>404431.43000000</valUSD>
        <pctVal>0.089365885364</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Voltronic Power Technology Cor</name>
        <lei>N/A</lei>
        <title>Voltronic Power Technology Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0006409006"/>
          <ticker value="6409"/>
          <other otherDesc="SEDOL" value="B96HCH8"/>
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        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>350007.08000000</valUSD>
        <pctVal>0.077339915417</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>E Ink Holdings Inc</name>
        <lei>529900UOR451FJJYL571</lei>
        <title>E Ink Holdings Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0008069006"/>
          <ticker value="8069"/>
          <other otherDesc="SEDOL" value="6744283"/>
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        <balance>78000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>445950.67000000</valUSD>
        <pctVal>0.098540255522</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>Trip.com Group Ltd</name>
        <lei>2549004RMYDSRQL4KW41</lei>
        <title>Trip.com Group Ltd</title>
        <cusip>89677Q107</cusip>
        <identifiers>
          <isin value="US89677Q1076"/>
          <ticker value="TCOM"/>
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        <balance>23689.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>560244.85000000</valUSD>
        <pctVal>0.123795465256</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Britannia Industries Ltd</name>
        <lei>335800RRN5EVHNNAXN80</lei>
        <title>Britannia Industries Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE216A01030"/>
          <ticker value="BRIT"/>
          <other otherDesc="SEDOL" value="BGSQG47"/>
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        <balance>7635.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>325845.19000000</valUSD>
        <pctVal>0.072000941905</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Manila Electric Co</name>
        <lei>254900RDFLCM12O8SK69</lei>
        <title>Manila Electric Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="PHY5764J1483"/>
          <ticker value="MER"/>
          <other otherDesc="SEDOL" value="B247XZ6"/>
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        <balance>48420.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="52.20500000"/>
        <valUSD>325951.01000000</valUSD>
        <pctVal>0.072024324603</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SRF Ltd</name>
        <lei>335800436F28GT8ZW506</lei>
        <title>SRF Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE647A01010"/>
          <ticker value="SRF"/>
          <other otherDesc="SEDOL" value="6374947"/>
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        <balance>11529.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>374952.30000000</valUSD>
        <pctVal>0.082851978786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sun Pharmaceutical Industries</name>
        <lei>335800KJ7GE29LB4SS73</lei>
        <title>Sun Pharmaceutical Industries Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE044A01036"/>
          <ticker value="SUNP"/>
          <other otherDesc="SEDOL" value="6582483"/>
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        <balance>45182.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>546159.46000000</valUSD>
        <pctVal>0.120683062870</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</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>Georgia Capital PLC</name>
        <lei>213800Q65T5GNBOW7H65</lei>
        <title>Georgia Capital PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BF4HYV08"/>
          <ticker value="CGEO"/>
          <other otherDesc="SEDOL" value="BF4HYV0"/>
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        <balance>58372.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.79526000"/>
        <valUSD>442569.00000000</valUSD>
        <pctVal>0.097793019004</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GE</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>Hindalco Industries Ltd</name>
        <lei>335800KXLE5NO5B4GF90</lei>
        <title>Hindalco Industries Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE038A01020"/>
          <ticker value="HNDL"/>
          <other otherDesc="SEDOL" value="B0GWF48"/>
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        <balance>81550.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>507709.27000000</valUSD>
        <pctVal>0.112186850615</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Reliance Industries Ltd</name>
        <lei>5493003UOETFYRONLG31</lei>
        <title>Reliance Industries Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE002A01018"/>
          <ticker value="RIL"/>
          <other otherDesc="SEDOL" value="6099626"/>
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        <balance>647738.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>23469138.69000000</valUSD>
        <pctVal>5.185898528666</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Emirates Telecommunications Gr</name>
        <lei>529900XDPQPWEQ9BGB80</lei>
        <title>Emirates Telecommunications Group Co PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AEE000401019"/>
          <ticker value="ETISALAT"/>
          <other otherDesc="SEDOL" value="6322173"/>
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        <balance>69532.00000000</balance>
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        <currencyConditional curCd="AED" exchangeRt="3.67305000"/>
        <valUSD>665057.03000000</valUSD>
        <pctVal>0.146955468579</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Prosus NV</name>
        <lei>635400Z5LQ5F9OLVT688</lei>
        <title>Prosus NV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0013654783"/>
          <ticker value="PRX"/>
          <other otherDesc="SEDOL" value="BJDS7L3"/>
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        <balance>84997.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.94791000"/>
        <valUSD>4099301.36000000</valUSD>
        <pctVal>0.905809163778</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>Kweichow Moutai Co Ltd</name>
        <lei>N/A</lei>
        <title>Kweichow Moutai Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000018R8"/>
          <ticker value="600519"/>
          <other otherDesc="SEDOL" value="6414832"/>
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        <balance>25800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.58700000"/>
        <valUSD>7143444.33000000</valUSD>
        <pctVal>1.578463442134</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tsingtao Brewery Co Ltd</name>
        <lei>300300OJ7D0Q1ESE8L15</lei>
        <title>Tsingtao Brewery Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000004K1"/>
          <ticker value="168"/>
          <other otherDesc="SEDOL" value="6905808"/>
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        <balance>206000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>1667809.52000000</valUSD>
        <pctVal>0.368530394323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CEZ AS</name>
        <lei>529900S5R9YHJHYKKG94</lei>
        <title>CEZ AS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CZ0005112300"/>
          <ticker value="CEZ"/>
          <other otherDesc="SEDOL" value="5624030"/>
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        <balance>20479.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CZK" exchangeRt="23.32765000"/>
        <valUSD>877844.66000000</valUSD>
        <pctVal>0.193974452613</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Prologis Property Mexico SA de</name>
        <lei>N/A</lei>
        <title>Prologis Property Mexico SA de CV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MXCFFI170008"/>
          <ticker value="FIBRAPL"/>
          <other otherDesc="SEDOL" value="BN56JP1"/>
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        <balance>208007.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.40650000"/>
        <valUSD>558585.92000000</valUSD>
        <pctVal>0.123428896940</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Commercial International Bank</name>
        <lei>213800FIIXJAMEVRIH48</lei>
        <title>Commercial International Bank Egypt SAE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="EGS60121C018"/>
          <ticker value="COMI"/>
          <other otherDesc="SEDOL" value="6243898"/>
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        <balance>692227.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EGP" exchangeRt="18.49000000"/>
        <valUSD>1671338.14000000</valUSD>
        <pctVal>0.369310101900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>EG</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>Coca-Cola Femsa SAB de CV</name>
        <lei>5493008KEVFYPMGTXO33</lei>
        <title>Coca-Cola Femsa SAB de CV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MX01KO000002"/>
          <ticker value="KOFUBL"/>
          <other otherDesc="SEDOL" value="BHHP0S4"/>
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        <balance>106899.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.40650000"/>
        <valUSD>583409.29000000</valUSD>
        <pctVal>0.128914035516</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>Voltas Ltd</name>
        <lei>335800VVTQSSZ7NV7F51</lei>
        <title>Voltas Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE226A01021"/>
          <ticker value="VOLT"/>
          <other otherDesc="SEDOL" value="B1FCQX2"/>
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        <balance>22638.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>371018.04000000</valUSD>
        <pctVal>0.081982638270</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Akbank TAS</name>
        <lei>789000TUMN63Z28TJ497</lei>
        <title>Akbank TAS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TRAAKBNK91N6"/>
          <ticker value="AKBNK"/>
          <other otherDesc="SEDOL" value="B03MN70"/>
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        <balance>629105.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="14.84825000"/>
        <valUSD>377931.18000000</valUSD>
        <pctVal>0.083510212120</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>D-MARKET Elektronik Hizmetler</name>
        <lei>9845004CF6A069998F16</lei>
        <title>D-MARKET Elektronik Hizmetler ve Ticaret AS</title>
        <cusip>23292B104</cusip>
        <identifiers>
          <isin value="US23292B1044"/>
          <ticker value="HEPS"/>
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        <balance>4300.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6880.00000000</valUSD>
        <pctVal>0.001520251013</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Regional SAB de CV</name>
        <lei>N/A</lei>
        <title>Regional SAB de CV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MX01R0000006"/>
          <ticker value="RA"/>
          <other otherDesc="SEDOL" value="BG1Z6X0"/>
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        <balance>440000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.40650000"/>
        <valUSD>2655761.64000000</valUSD>
        <pctVal>0.586834930897</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Turkiye Petrol Rafinerileri AS</name>
        <lei>789000RCNG97UV50EE03</lei>
        <title>Turkiye Petrol Rafinerileri AS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TRATUPRS91E8"/>
          <ticker value="TUPRS"/>
          <other otherDesc="SEDOL" value="B03MYT9"/>
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        <balance>42361.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="14.84825000"/>
        <valUSD>668155.92000000</valUSD>
        <pctVal>0.147640220129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Vamos Locacao de Caminhoes Maq</name>
        <lei>N/A</lei>
        <title>Vamos Locacao de Caminhoes Maquinas e Equipamentos SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRVAMOACNOR7"/>
          <ticker value="VAMO3"/>
          <other otherDesc="SEDOL" value="BJLSQZ2"/>
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        <balance>1356000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
        <valUSD>3763047.77000000</valUSD>
        <pctVal>0.831508311894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>People's Insurance Co Group of</name>
        <lei>3003000P2JHYHQ524P66</lei>
        <title>People's Insurance Co Group of China Ltd/The</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001MK7"/>
          <ticker value="1339"/>
          <other otherDesc="SEDOL" value="B8RZJZ1"/>
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        <balance>847000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>269815.00000000</valUSD>
        <pctVal>0.059620134764</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Winbond Electronics Corp</name>
        <lei>254900STBMBTLA91J410</lei>
        <title>Winbond Electronics Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002344009"/>
          <ticker value="2344"/>
          <other otherDesc="SEDOL" value="6966515"/>
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        <balance>630000.00000000</balance>
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        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>568778.48000000</valUSD>
        <pctVal>0.125681113462</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DiDi Global Inc</name>
        <lei>8368006Y2DHY77ADSY31</lei>
        <title>DiDi Global Inc</title>
        <cusip>23292E108</cusip>
        <identifiers>
          <isin value="US23292E1082"/>
          <ticker value="DIDI"/>
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        <balance>23000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>43240.00000000</valUSD>
        <pctVal>0.009554600845</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lotte Confectionery Co Ltd</name>
        <lei>988400SZXKR6WK05R430</lei>
        <title>Lotte Confectionery Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="KR7280360009"/>
          <ticker value="280360"/>
          <other otherDesc="SEDOL" value="BZ60JT0"/>
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        <balance>1079.00000000</balance>
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        <currencyConditional curCd="KRW" exchangeRt="1256.00000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Petroleo Brasileiro SA</name>
        <lei>5493000J801JZRCMFE49</lei>
        <title>Petroleo Brasileiro SA</title>
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          <isin value="BRPETRACNPR6"/>
          <ticker value="PETR4"/>
          <other otherDesc="SEDOL" value="2684532"/>
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        <balance>108489.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wuxi Biologics Cayman Inc</name>
        <lei>5493001TD2TH6VDTJU11</lei>
        <title>Wuxi Biologics Cayman Inc</title>
        <cusip>000000000</cusip>
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          <isin value="KYG970081173"/>
          <ticker value="2269"/>
          <other otherDesc="SEDOL" value="BL6B9P1"/>
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        <balance>245500.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indorama Ventures PCL</name>
        <lei>N/A</lei>
        <title>Indorama Ventures PCL</title>
        <cusip>000000000</cusip>
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          <isin value="TH1027010012"/>
          <ticker value="IVL/F"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fomento Economico Mexicano SAB</name>
        <lei>549300A8MDWDJNMLV153</lei>
        <title>Fomento Economico Mexicano SAB de CV</title>
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          <isin value="US3444191064"/>
          <ticker value="FMX"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Bank BTPN Syariah Tbk PT</name>
        <lei>N/A</lei>
        <title>Bank BTPN Syariah Tbk PT</title>
        <cusip>000000000</cusip>
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          <isin value="ID1000142805"/>
          <ticker value="BTPS"/>
          <other otherDesc="SEDOL" value="BFNBJ41"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FIT Hon Teng Ltd</name>
        <lei>3003001IDFNIKMGLFJ67</lei>
        <title>FIT Hon Teng Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="KYG3R83K1037"/>
          <ticker value="6088"/>
          <other otherDesc="SEDOL" value="BYVSXD4"/>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>TW</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Orbia Advance Corp SAB de CV</name>
        <lei>549300MVHZ20SBIOEQ79</lei>
        <title>Orbia Advance Corp SAB de CV</title>
        <cusip>000000000</cusip>
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          <isin value="MX01OR010004"/>
          <ticker value="ORBIA*"/>
          <other otherDesc="SEDOL" value="BH3T8K8"/>
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        <balance>184687.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>CONCH VENTURE</name>
        <lei>N/A</lei>
        <title>China Conch Venture Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG2116J1085"/>
          <ticker value="586"/>
          <other otherDesc="SEDOL" value="BH7HM06"/>
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        <balance>273500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Baosight</name>
        <lei>N/A</lei>
        <title>Shanghai Baosight Software Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000GG0"/>
          <ticker value="900926"/>
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        <balance>101300.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>371684.49000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hana Financial Group Inc</name>
        <lei>N/A</lei>
        <title>Hana Financial Group Inc</title>
        <cusip>000000000</cusip>
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          <isin value="KR7086790003"/>
          <ticker value="086790"/>
          <other otherDesc="SEDOL" value="B0RNRF5"/>
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        <balance>9430.00000000</balance>
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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>
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      <invstOrSec>
        <name>A-Living Smart City Services C</name>
        <lei>3003007MSHCO6ZTTSZ09</lei>
        <title>A-Living Smart City Services Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100002RY5"/>
          <ticker value="3319"/>
          <other otherDesc="SEDOL" value="BFWK4M2"/>
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        <balance>1142750.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Catcher Technology Co Ltd</name>
        <lei>5299006PRSCU66N5JF55</lei>
        <title>Catcher Technology Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="TW0002474004"/>
          <ticker value="2474"/>
          <other otherDesc="SEDOL" value="6186669"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cemex SAB de CV</name>
        <lei>549300RIG2CXWN6IV731</lei>
        <title>Cemex SAB de CV</title>
        <cusip>000000000</cusip>
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          <isin value="MXP225611567"/>
          <ticker value="CEMEXCPO"/>
          <other otherDesc="SEDOL" value="2406457"/>
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        <balance>678146.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Clear Sale SA</name>
        <lei>N/A</lei>
        <title>Clear Sale SA</title>
        <cusip>000000000</cusip>
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          <isin value="BRCLSAACNOR0"/>
          <ticker value="CLSA3"/>
          <other otherDesc="SEDOL" value="BN94NZ9"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cia Paranaense de Energia</name>
        <lei>2549001AS1I9A71VG663</lei>
        <title>Cia Paranaense de Energia</title>
        <cusip>000000000</cusip>
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          <isin value="BRCPLEACNPB9"/>
          <ticker value="CPLE6"/>
          <other otherDesc="SEDOL" value="2200154"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UltraTech Cement Ltd</name>
        <lei>335800PC9O9B4BQHG814</lei>
        <title>UltraTech Cement Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="INE481G01011"/>
          <ticker value="UTCEM"/>
          <other otherDesc="SEDOL" value="B01GZF6"/>
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        <balance>3279.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>China Feihe Ltd</name>
        <lei>N/A</lei>
        <title>China Feihe Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="KYG2121Q1055"/>
          <ticker value="6186"/>
          <other otherDesc="SEDOL" value="BK0SBL1"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Taiwan Fertilizer Co Ltd</name>
        <lei>N/A</lei>
        <title>Taiwan Fertilizer Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="TW0001722007"/>
          <ticker value="1722"/>
          <other otherDesc="SEDOL" value="6109439"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>TW</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Vale SA</name>
        <lei>254900SMTWBX7RU2SR20</lei>
        <title>Vale SA</title>
        <cusip>000000000</cusip>
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          <isin value="BRVALEACNOR0"/>
          <ticker value="VALE3"/>
          <other otherDesc="SEDOL" value="2196286"/>
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        <assetCat>EC</assetCat>
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        <invCountry>BR</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Power Grid Corp of India Ltd</name>
        <lei>3358009SHWZ3DZEQ4Z56</lei>
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          <isin value="INE752E01010"/>
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        <assetCat>EC</assetCat>
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        <invCountry>IN</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SK Telecom Co Ltd</name>
        <lei>9884003WEA1PHW006037</lei>
        <title>SK Telecom Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="KR7017670001"/>
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        <assetCat>EC</assetCat>
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        <name>Land &amp; Houses PCL</name>
        <lei>529900O7AEACUWP7KS87</lei>
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          <isin value="TH0143010Z16"/>
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        <invCountry>TH</invCountry>
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        <name>B3 SA - Brasil Bolsa Balcao</name>
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        <title>B3 SA - Brasil Bolsa Balcao</title>
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        <name>Coca-Cola Femsa SAB de CV</name>
        <lei>5493008KEVFYPMGTXO33</lei>
        <title>Coca-Cola Femsa SAB de CV</title>
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          <ticker value="KOF"/>
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        <assetCat>EC</assetCat>
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        <invCountry>MX</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>HUANENG POWER</name>
        <lei>529900WU0SMVKMPG4V21</lei>
        <title>Huaneng Power International Inc</title>
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          <isin value="CNE1000006Z4"/>
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        <invCountry>CN</invCountry>
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        <name>Innolux Corp</name>
        <lei>3003007EXL0825P1MJ10</lei>
        <title>Innolux Corp</title>
        <cusip>000000000</cusip>
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          <ticker value="3481"/>
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        <invCountry>TW</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Alrosa PJSC</name>
        <lei>894500DKUWVBYZLLE651</lei>
        <title>Alrosa PJSC</title>
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        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Bangkok Dusit Medical Services</name>
        <lei>N/A</lei>
        <title>Bangkok Dusit Medical Services PCL</title>
        <cusip>000000000</cusip>
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          <ticker value="BDMS/F"/>
          <other otherDesc="SEDOL" value="BLZGSM7"/>
        </identifiers>
        <balance>467800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="34.25000000"/>
        <valUSD>350166.00000000</valUSD>
        <pctVal>0.077375031447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tech Mahindra Ltd</name>
        <lei>3358005FZUZ1I25XQH69</lei>
        <title>Tech Mahindra Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE669C01036"/>
          <ticker value="TECHM"/>
          <other otherDesc="SEDOL" value="BWFGD63"/>
        </identifiers>
        <balance>79211.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>1293684.61000000</valUSD>
        <pctVal>0.285861241188</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>El Puerto de Liverpool SAB de</name>
        <lei>4469000001BO4JEXZL32</lei>
        <title>El Puerto de Liverpool SAB de CV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MXP369181377"/>
          <ticker value="LIVEPOL"/>
          <other otherDesc="SEDOL" value="2306814"/>
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        <balance>97643.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.40650000"/>
        <valUSD>494662.65000000</valUSD>
        <pctVal>0.109303981825</pctVal>
        <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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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Realtek Semiconductor Corp</name>
        <lei>5299002E7F36O00MYY75</lei>
        <title>Realtek Semiconductor Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002379005"/>
          <ticker value="2379"/>
          <other otherDesc="SEDOL" value="6051422"/>
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        <balance>48000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>651336.75000000</valUSD>
        <pctVal>0.143923743351</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</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>Aspen Pharmacare Holdings Ltd</name>
        <lei>635400ZYSN1IRD5QWQ94</lei>
        <title>Aspen Pharmacare Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000066692"/>
          <ticker value="APN"/>
          <other otherDesc="SEDOL" value="B09C0Z1"/>
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        <balance>26868.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>289444.54000000</valUSD>
        <pctVal>0.063957609776</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Agesa Hayat ve Emeklilik AS</name>
        <lei>78900039UA9CL3ISP888</lei>
        <title>Agesa Hayat ve Emeklilik AS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TRECUHE00018"/>
          <ticker value="AGESA"/>
          <other otherDesc="SEDOL" value="BSJCWP1"/>
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        <balance>180319.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="14.84825000"/>
        <valUSD>244127.66000000</valUSD>
        <pctVal>0.053944087574</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NTPC Ltd</name>
        <lei>335800Q4TRGJXNLVMB81</lei>
        <title>NTPC Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE733E01010"/>
          <ticker value="NTPC"/>
          <other otherDesc="SEDOL" value="B037HF1"/>
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        <balance>500756.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>1016388.29000000</valUSD>
        <pctVal>0.224587983704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Delta Electronics Inc</name>
        <lei>529900UVZWNWGDLJSM52</lei>
        <title>Delta Electronics Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002308004"/>
          <ticker value="2308"/>
          <other otherDesc="SEDOL" value="6260734"/>
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        <balance>60000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>500855.17000000</valUSD>
        <pctVal>0.110672322639</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>
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      <invstOrSec>
        <name>Arcos Dorados Holdings Inc</name>
        <lei>54930023P2MIZN13DQ85</lei>
        <title>Arcos Dorados Holdings Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VGG0457F1071"/>
          <ticker value="ARCO"/>
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        <balance>54979.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>398597.75000000</valUSD>
        <pctVal>0.088076836246</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>UY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sberbank of Russia PJSC</name>
        <lei>549300WE6TAF5EEWQS81</lei>
        <title>Sberbank of Russia PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU0009029540"/>
          <ticker value="SBER"/>
          <other otherDesc="SEDOL" value="4767981"/>
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        <balance>70760.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.35000000"/>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Grupo Mexico SAB de CV</name>
        <lei>529900JWLZAYET2ZGW20</lei>
        <title>Grupo Mexico SAB de CV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MXP370841019"/>
          <ticker value="GMEXICOB"/>
          <other otherDesc="SEDOL" value="2643674"/>
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        <balance>97309.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.40650000"/>
        <valUSD>455823.75000000</valUSD>
        <pctVal>0.100721877597</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>
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      </invstOrSec>
      <invstOrSec>
        <name>AVI Ltd</name>
        <lei>378900C2D68805FAAF75</lei>
        <title>AVI Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000049433"/>
          <ticker value="AVI"/>
          <other otherDesc="SEDOL" value="6040958"/>
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        <balance>74912.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>326211.70000000</valUSD>
        <pctVal>0.072081928417</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Qatar Fuel QSC</name>
        <lei>N/A</lei>
        <title>Qatar Fuel QSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="QA0001200771"/>
          <ticker value="QFLS"/>
          <other otherDesc="SEDOL" value="6516556"/>
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        <balance>118906.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="QAR" exchangeRt="3.64175000"/>
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        <pctVal>0.132246129642</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kia Corp</name>
        <lei>988400V8MJK9N7OI5X76</lei>
        <title>Kia Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7000270009"/>
          <ticker value="000270"/>
          <other otherDesc="SEDOL" value="6490928"/>
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        <balance>7221.00000000</balance>
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        <currencyConditional curCd="KRW" exchangeRt="1256.00000000"/>
        <valUSD>473627.46000000</valUSD>
        <pctVal>0.104655904947</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Grupo Financiero Inbursa SAB d</name>
        <lei>N/A</lei>
        <title>Grupo Financiero Inbursa SAB de CV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MXP370641013"/>
          <ticker value="GFINBUR"/>
          <other otherDesc="SEDOL" value="2822398"/>
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        <balance>144025.00000000</balance>
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        <currencyConditional curCd="MXN" exchangeRt="20.40650000"/>
        <valUSD>244693.93000000</valUSD>
        <pctVal>0.054069214397</pctVal>
        <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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fawry for Banking &amp; Payment Te</name>
        <lei>N/A</lei>
        <title>Fawry for Banking &amp; Payment Technology Services SAE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="EGS745L1C014"/>
          <ticker value="FWRY"/>
          <other otherDesc="SEDOL" value="BJGWQG0"/>
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        <balance>523372.00000000</balance>
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        <currencyConditional curCd="EGP" exchangeRt="18.49000000"/>
        <valUSD>131134.32000000</valUSD>
        <pctVal>0.028976320184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHINA MER PORT</name>
        <lei>529900GA4UH90FUOR048</lei>
        <title>China Merchants Port Holdings Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HK0144000764"/>
          <ticker value="144"/>
          <other otherDesc="SEDOL" value="6416139"/>
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        <balance>155690.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
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        <pctVal>0.060059436485</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>China Life Insurance Co Ltd</name>
        <lei>549300J6TFLDXGH6S048</lei>
        <title>China Life Insurance Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000002L3"/>
          <ticker value="2628"/>
          <other otherDesc="SEDOL" value="6718976"/>
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        <balance>180000.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>261571.10000000</valUSD>
        <pctVal>0.057798507246</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cleopatra Hospital</name>
        <lei>N/A</lei>
        <title>Cleopatra Hospital</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="EGS729J1C018"/>
          <ticker value="CLHO"/>
          <other otherDesc="SEDOL" value="BYY7D05"/>
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        <balance>4203268.00000000</balance>
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        <currencyConditional curCd="EGP" exchangeRt="18.49000000"/>
        <valUSD>1247180.77000000</valUSD>
        <pctVal>0.275585440333</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>EG</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>JD.COM INCDR</name>
        <lei>549300HVTWB0GJZ16V92</lei>
        <title>JD.COM INCDR</title>
        <cusip>47215P106</cusip>
        <identifiers>
          <isin value="US47215P1066"/>
          <ticker value="JD"/>
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        <balance>84187.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5190970.42000000</valUSD>
        <pctVal>1.147031692087</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Air Arabia PJSC</name>
        <lei>21380058Y5RCZI2HBX17</lei>
        <title>Air Arabia PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AEA003001012"/>
          <ticker value="AIRARAB"/>
          <other otherDesc="SEDOL" value="B23DL40"/>
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        <balance>819554.00000000</balance>
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        <currencyConditional curCd="AED" exchangeRt="3.67305000"/>
        <valUSD>475902.70000000</valUSD>
        <pctVal>0.105158657261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</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>Petkim Petrokimya Holding AS</name>
        <lei>529900XZCVZOEYWNBQ67</lei>
        <title>Petkim Petrokimya Holding AS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TRAPETKM91E0"/>
          <ticker value="PETKM"/>
          <other otherDesc="SEDOL" value="B03MWY0"/>
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        <balance>482806.00000000</balance>
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        <currencyConditional curCd="TRY" exchangeRt="14.84825000"/>
        <valUSD>309952.30000000</valUSD>
        <pctVal>0.068489142177</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Petronas Chemicals Group Bhd</name>
        <lei>N/A</lei>
        <title>Petronas Chemicals Group Bhd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MYL5183OO008"/>
          <ticker value="PCHEM"/>
          <other otherDesc="SEDOL" value="B5KQGT3"/>
        </identifiers>
        <balance>380900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.35350000"/>
        <valUSD>894176.64000000</valUSD>
        <pctVal>0.197583276616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Helios Towers PLC</name>
        <lei>213800DGC7GS4XCHCU30</lei>
        <title>Helios Towers PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BJVQC708"/>
          <ticker value="HTWS"/>
          <other otherDesc="SEDOL" value="BJVQC70"/>
        </identifiers>
        <balance>1074000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.79526000"/>
        <valUSD>1513912.43000000</valUSD>
        <pctVal>0.334524259580</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Foxconn Technology Co Ltd</name>
        <lei>3003003OO8QC88ZHCE44</lei>
        <title>Foxconn Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002354008"/>
          <ticker value="2354"/>
          <other otherDesc="SEDOL" value="6801779"/>
        </identifiers>
        <balance>112000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>221928.39000000</valUSD>
        <pctVal>0.049038787761</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>OTP Bank Nyrt</name>
        <lei>529900W3MOO00A18X956</lei>
        <title>OTP Bank Nyrt</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HU0000061726"/>
          <ticker value="OTP"/>
          <other otherDesc="SEDOL" value="7320154"/>
        </identifiers>
        <balance>40900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HUF" exchangeRt="358.48625000"/>
        <valUSD>1220024.20000000</valUSD>
        <pctVal>0.269584742213</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KB Financial Group Inc</name>
        <lei>529900TKE4MXG3Q6GW86</lei>
        <title>KB Financial Group Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7105560007"/>
          <ticker value="105560"/>
          <other otherDesc="SEDOL" value="B3DF0Y6"/>
        </identifiers>
        <balance>8489.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1256.00000000"/>
        <valUSD>394943.20000000</valUSD>
        <pctVal>0.087269302331</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>LG Electronics Inc</name>
        <lei>988400RMQFTGZIOG0609</lei>
        <title>LG Electronics Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7066570003"/>
          <ticker value="066570"/>
          <other otherDesc="SEDOL" value="6520739"/>
        </identifiers>
        <balance>3172.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1256.00000000"/>
        <valUSD>287278.72000000</valUSD>
        <pctVal>0.063479035640</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>JD.com Inc</name>
        <lei>549300HVTWB0GJZ16V92</lei>
        <title>JD.com Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG8208B1014"/>
          <ticker value="9618"/>
          <other otherDesc="SEDOL" value="BKPQZT6"/>
        </identifiers>
        <balance>26141.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>815038.64000000</valUSD>
        <pctVal>0.180096412561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRILLIANCE CHI</name>
        <lei>5299005WPCSQN14NBM26</lei>
        <title>Brilliance China Automotive Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG1368B1028"/>
          <ticker value="1114"/>
          <other otherDesc="SEDOL" value="6181482"/>
        </identifiers>
        <balance>256000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>117119.92000000</valUSD>
        <pctVal>0.025879604225</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Intouch Holdings PCL</name>
        <lei>529900UDPDZWDBCCDO79</lei>
        <title>Intouch Holdings PCL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TH0201A10Y19"/>
          <ticker value="INTUCH/F"/>
          <other otherDesc="SEDOL" value="BKXLD88"/>
        </identifiers>
        <balance>239100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="34.25000000"/>
        <valUSD>486723.54000000</valUSD>
        <pctVal>0.107549702751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA OVERSEAS</name>
        <lei>529900I6W35GYKRIZ151</lei>
        <title>China Overseas Land &amp; Investment Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HK0688002218"/>
          <ticker value="688"/>
          <other otherDesc="SEDOL" value="6192150"/>
        </identifiers>
        <balance>256000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>790855.61000000</valUSD>
        <pctVal>0.174752767813</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CNBM</name>
        <lei>52990085PGF8YEPLBZ26</lei>
        <title>China National Building Material Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000002N9"/>
          <ticker value="3323"/>
          <other otherDesc="SEDOL" value="B0Y91C1"/>
        </identifiers>
        <balance>244000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>324718.35000000</valUSD>
        <pctVal>0.071751947770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oberoi Realty Ltd</name>
        <lei>335800TCKG1XQXN51L44</lei>
        <title>Oberoi Realty Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE093I01010"/>
          <ticker value="OBER"/>
          <other otherDesc="SEDOL" value="B4MXNL6"/>
        </identifiers>
        <balance>102000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>1270701.36000000</valUSD>
        <pctVal>0.280782707888</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Li Ning Co Ltd</name>
        <lei>529900T77L2FV3FZ3U81</lei>
        <title>Li Ning Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG5496K1242"/>
          <ticker value="2331"/>
          <other otherDesc="SEDOL" value="B01JCK9"/>
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        <balance>58500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>455958.90000000</valUSD>
        <pctVal>0.100751741249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arca Continental SAB de CV</name>
        <lei>254900U2BSJCQHJCXN24</lei>
        <title>Arca Continental SAB de CV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MX01AC100006"/>
          <ticker value="AC*"/>
          <other otherDesc="SEDOL" value="2823885"/>
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        <balance>72779.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.40650000"/>
        <valUSD>462463.08000000</valUSD>
        <pctVal>0.102188948551</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>Mr Price Group Ltd</name>
        <lei>378900D3417C35C5D733</lei>
        <title>Mr Price Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000200457"/>
          <ticker value="MRP"/>
          <other otherDesc="SEDOL" value="BYXW419"/>
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        <balance>20221.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>275392.29000000</valUSD>
        <pctVal>0.060852530226</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PICC P&amp;C</name>
        <lei>300300F1000311000017</lei>
        <title>PICC Property &amp; Casualty Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000593"/>
          <ticker value="2328"/>
          <other otherDesc="SEDOL" value="6706250"/>
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        <balance>612000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>625965.49000000</valUSD>
        <pctVal>0.138317539321</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Walsin Lihwa Corp</name>
        <lei>254900SKYY99YINZ3U83</lei>
        <title>Walsin Lihwa Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0001605004"/>
          <ticker value="1605"/>
          <other otherDesc="SEDOL" value="6936574"/>
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        <balance>582000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>867276.38000000</valUSD>
        <pctVal>0.191639214476</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>Vodacom Group Ltd</name>
        <lei>37890012A8DC24B8D663</lei>
        <title>Vodacom Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000132577"/>
          <ticker value="VOD"/>
          <other otherDesc="SEDOL" value="B65B4D0"/>
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        <balance>60060.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>577990.74000000</valUSD>
        <pctVal>0.127716716311</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MultiChoice Group</name>
        <lei>254900BVQQ7DFBMSVJ81</lei>
        <title>MultiChoice Group</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000265971"/>
          <ticker value="MCG"/>
          <other otherDesc="SEDOL" value="BHZSKR4"/>
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        <balance>48694.00000000</balance>
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        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>398678.75000000</valUSD>
        <pctVal>0.088094734550</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Emaar Properties PJSC</name>
        <lei>254900YWYEXYXK1BMP81</lei>
        <title>Emaar Properties PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AEE000301011"/>
          <ticker value="EMAAR"/>
          <other otherDesc="SEDOL" value="B01RM25"/>
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        <balance>173950.00000000</balance>
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        <currencyConditional curCd="AED" exchangeRt="3.67305000"/>
        <valUSD>300038.02000000</valUSD>
        <pctVal>0.066298416274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CGN Power Co Ltd</name>
        <lei>529900D2UINCGWQYBK45</lei>
        <title>CGN Power Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001T80"/>
          <ticker value="1816"/>
          <other otherDesc="SEDOL" value="BSBMM04"/>
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        <balance>3723000.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>1046176.76000000</valUSD>
        <pctVal>0.231170244126</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oil India Ltd</name>
        <lei>335800XXEP14XISP1A16</lei>
        <title>Oil India Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE274J01014"/>
          <ticker value="OINL"/>
          <other otherDesc="SEDOL" value="B409HQ9"/>
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        <balance>157420.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>464834.51000000</valUSD>
        <pctVal>0.102712955653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vanguard International Semicon</name>
        <lei>2549001S5Q158BIJJO13</lei>
        <title>Vanguard International Semiconductor Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0005347009"/>
          <ticker value="5347"/>
          <other otherDesc="SEDOL" value="6109677"/>
        </identifiers>
        <balance>137000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>482039.86000000</valUSD>
        <pctVal>0.106514765358</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>MMC Norilsk Nickel PJSC</name>
        <lei>253400JPTEEW143W3E47</lei>
        <title>MMC Norilsk Nickel PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU0007288411"/>
          <ticker value="GMKN"/>
          <other otherDesc="SEDOL" value="B5B1TX2"/>
        </identifiers>
        <balance>1179.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.35000000"/>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guangzhou Automobile Group Co</name>
        <lei>5299005KY9BJO3ZE6A37</lei>
        <title>Guangzhou Automobile Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000Q35"/>
          <ticker value="2238"/>
          <other otherDesc="SEDOL" value="B433995"/>
        </identifiers>
        <balance>278000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>235715.16000000</valUSD>
        <pctVal>0.052085205067</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tata Consultancy Services Ltd</name>
        <lei>335800ZJKU9GPQRE2U66</lei>
        <title>Tata Consultancy Services Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE467B01029"/>
          <ticker value="TCS"/>
          <other otherDesc="SEDOL" value="B01NPJ1"/>
        </identifiers>
        <balance>61173.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>2819362.41000000</valUSD>
        <pctVal>0.622985255953</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cia Energetica de Minas Gerais</name>
        <lei>254900W703PXLDSEM056</lei>
        <title>Cia Energetica de Minas Gerais</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRCMIGACNPR3"/>
          <ticker value="CMIG4"/>
          <other otherDesc="SEDOL" value="B1YBRG0"/>
        </identifiers>
        <balance>218799.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
        <valUSD>666051.43000000</valUSD>
        <pctVal>0.147175197883</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>KOC Holding AS</name>
        <lei>7890005U0H950VH19H45</lei>
        <title>KOC Holding AS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TRAKCHOL91Q8"/>
          <ticker value="KCHOL"/>
          <other otherDesc="SEDOL" value="B03MVJ8"/>
        </identifiers>
        <balance>306845.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="14.84825000"/>
        <valUSD>830749.01000000</valUSD>
        <pctVal>0.183567881444</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PTT PCL</name>
        <lei>549300QOGMPTKB6W7G56</lei>
        <title>PTT PCL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TH0646010Z18"/>
          <ticker value="PTT/F"/>
          <other otherDesc="SEDOL" value="BD0BDJ3"/>
        </identifiers>
        <balance>700500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="34.25000000"/>
        <valUSD>761322.22000000</valUSD>
        <pctVal>0.168226871581</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LG Uplus Corp</name>
        <lei>N/A</lei>
        <title>LG Uplus Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7032640005"/>
          <ticker value="032640"/>
          <other otherDesc="SEDOL" value="6290902"/>
        </identifiers>
        <balance>145741.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1256.00000000"/>
        <valUSD>1610029.23000000</valUSD>
        <pctVal>0.355762873331</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>HUADIAN POWER</name>
        <lei>529900207FCOKWBDRE79</lei>
        <title>Huadian Power International Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000003D8"/>
          <ticker value="1071"/>
          <other otherDesc="SEDOL" value="6142780"/>
        </identifiers>
        <balance>788000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>273470.64000000</valUSD>
        <pctVal>0.060427909534</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Far EasTone Telecommunications</name>
        <lei>529900L7W7BWDLVZL253</lei>
        <title>Far EasTone Telecommunications Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0004904008"/>
          <ticker value="4904"/>
          <other otherDesc="SEDOL" value="6421854"/>
        </identifiers>
        <balance>105000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>295023.55000000</valUSD>
        <pctVal>0.065190385300</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>Transaction Capital Ltd</name>
        <lei>213800LKDMT3FP3FQU40</lei>
        <title>Transaction Capital Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000167391"/>
          <ticker value="TCP"/>
          <other otherDesc="SEDOL" value="B7WF5R3"/>
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        <balance>760204.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>2431401.23000000</valUSD>
        <pctVal>0.537258747660</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Axiata Group Bhd</name>
        <lei>254900DM0V7OCPDUUC55</lei>
        <title>Axiata Group Bhd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MYL6888OO001"/>
          <ticker value="AXIATA"/>
          <other otherDesc="SEDOL" value="B2QZGV5"/>
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        <balance>386600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.35350000"/>
        <valUSD>311695.42000000</valUSD>
        <pctVal>0.068874313681</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Saudi Telecom Co</name>
        <lei>21380028ATJ79OTA9W17</lei>
        <title>Saudi Telecom Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA0007879543"/>
          <ticker value="STC"/>
          <other otherDesc="SEDOL" value="B12M7Q5"/>
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        <balance>12086.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75080000"/>
        <valUSD>371651.10000000</valUSD>
        <pctVal>0.082122523460</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rand Merchant Investment Holdi</name>
        <lei>N/A</lei>
        <title>Rand Merchant Investment Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000210688"/>
          <ticker value="RMI"/>
          <other otherDesc="SEDOL" value="BYX3N48"/>
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        <balance>95035.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>162538.89000000</valUSD>
        <pctVal>0.035915684918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Locaweb Servicos de Internet S</name>
        <lei>N/A</lei>
        <title>Locaweb Servicos de Internet SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRLWSAACNOR8"/>
          <ticker value="LWSA3"/>
          <other otherDesc="SEDOL" value="BL3W4C9"/>
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        <balance>489400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
        <valUSD>714705.45000000</valUSD>
        <pctVal>0.157926116954</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Alfa SAB de CV</name>
        <lei>549300ZCGJ6T8YDJ4M34</lei>
        <title>Alfa SAB de CV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MXP000511016"/>
          <ticker value="ALFAA"/>
          <other otherDesc="SEDOL" value="2043423"/>
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        <balance>736015.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.40650000"/>
        <valUSD>495569.85000000</valUSD>
        <pctVal>0.109504442830</pctVal>
        <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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mobile Telecommunications Co K</name>
        <lei>N/A</lei>
        <title>Mobile Telecommunications Co KSCP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KW0EQ0601058"/>
          <ticker value="ZAIN"/>
          <other otherDesc="SEDOL" value="6600084"/>
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        <balance>180921.00000000</balance>
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        <currencyConditional curCd="KWD" exchangeRt="0.30650000"/>
        <valUSD>402282.12000000</valUSD>
        <pctVal>0.088890959390</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HCL Technologies Ltd</name>
        <lei>549300C1F8OLYSOQYB65</lei>
        <title>HCL Technologies Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE860A01027"/>
          <ticker value="HCLT"/>
          <other otherDesc="SEDOL" value="6294896"/>
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        <balance>165743.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>2321485.64000000</valUSD>
        <pctVal>0.512971060583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</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>Zhejiang Huayou Cobalt Co Ltd</name>
        <lei>30030099QFLNMEGP7M05</lei>
        <title>Zhejiang Huayou Cobalt Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001VW3"/>
          <ticker value="603799"/>
          <other otherDesc="SEDOL" value="BFF5BV2"/>
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        <balance>72000.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="6.58700000"/>
        <valUSD>889261.36000000</valUSD>
        <pctVal>0.196497163331</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</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>Cipla Ltd/India</name>
        <lei>335800KMJJYEDDK82Q34</lei>
        <title>Cipla Ltd/India</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE059A01026"/>
          <ticker value="CIPLA"/>
          <other otherDesc="SEDOL" value="B011108"/>
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        <balance>44592.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>569132.21000000</valUSD>
        <pctVal>0.125759276019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GoerTek Inc</name>
        <lei>300300FEEFS8BQPXIV57</lei>
        <title>GoerTek Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000BP1"/>
          <ticker value="002241"/>
          <other otherDesc="SEDOL" value="BD5CNT1"/>
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        <balance>188000.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="6.58700000"/>
        <valUSD>989181.08000000</valUSD>
        <pctVal>0.218576095830</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Remgro Ltd</name>
        <lei>N/A</lei>
        <title>Remgro Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000026480"/>
          <ticker value="REM"/>
          <other otherDesc="SEDOL" value="6290689"/>
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        <balance>30571.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sime Darby Bhd</name>
        <lei>N/A</lei>
        <title>Sime Darby Bhd</title>
        <cusip>000000000</cusip>
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          <isin value="MYL4197OO009"/>
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        <assetCat>EC</assetCat>
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        <invCountry>MY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SK Telecom Co Ltd</name>
        <lei>9884003WEA1PHW006037</lei>
        <title>SK Telecom Co Ltd</title>
        <cusip>78440P306</cusip>
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          <isin value="US78440P3064"/>
          <ticker value="SKM"/>
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        <balance>58387.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>KR</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Grupo Aeroportuario del Centro</name>
        <lei>529900HUSBARAFSXJ605</lei>
        <title>Grupo Aeroportuario del Centro Norte SAB de CV</title>
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          <isin value="MX01OM000018"/>
          <ticker value="OMAB"/>
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        <balance>41426.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Grupo Televisa SAB</name>
        <lei>549300O4AF0C816ILN62</lei>
        <title>Grupo Televisa SAB</title>
        <cusip>40049J206</cusip>
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          <isin value="US40049J2069"/>
          <ticker value="TV"/>
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        <balance>185524.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Anhui Conch Cement Co Ltd</name>
        <lei>300300JVKW56SSAEQZ33</lei>
        <title>Anhui Conch Cement Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000001W2"/>
          <ticker value="914"/>
          <other otherDesc="SEDOL" value="6080396"/>
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        <balance>73500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LG Chem Ltd</name>
        <lei>988400IES4EIG7O06940</lei>
        <title>LG Chem Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="KR7051910008"/>
          <ticker value="051910"/>
          <other otherDesc="SEDOL" value="6346913"/>
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        <balance>7815.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>KR</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>IRSA Propiedades Comerciales S</name>
        <lei>549300WDBPUOVK4S9722</lei>
        <title>IRSA Propiedades Comerciales SA</title>
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          <isin value="US4635881034"/>
          <ticker value="IRCP"/>
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        <balance>6781.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>AR</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>The Bank of New York Mellon</name>
        <lei>HPFHU0OQ28E4N0NFVK49</lei>
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        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="CCTUSD__00262931"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-5364.84000000</valUSD>
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        <assetCat>DFE</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>The Bank of New York Mellon</counterpartyName>
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      <invstOrSec>
        <name>Tenaga Nasional Bhd</name>
        <lei>549300FV8X6UID6I1413</lei>
        <title>Tenaga Nasional Bhd</title>
        <cusip>000000000</cusip>
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          <isin value="MYL5347OO009"/>
          <ticker value="TNB"/>
          <other otherDesc="SEDOL" value="6904612"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>MY</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHINA LONGYUAN</name>
        <lei>5299008UYLF3O6V9T464</lei>
        <title>China Longyuan Power Group Corp Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="CNE100000HD4"/>
          <ticker value="916"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Giant Manufacturing Co Ltd</name>
        <lei>549300M7TYVF50B2GY12</lei>
        <title>Giant Manufacturing Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="TW0009921007"/>
          <ticker value="9921"/>
          <other otherDesc="SEDOL" value="6372167"/>
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        <assetCat>EC</assetCat>
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        <invCountry>TW</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SPAR Group Ltd/The</name>
        <lei>N/A</lei>
        <title>SPAR Group Ltd/The</title>
        <cusip>000000000</cusip>
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          <isin value="ZAE000058517"/>
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        <assetCat>EC</assetCat>
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        <invCountry>ZA</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Pidilite Industries Ltd</name>
        <lei>335800APXGEBZ349GN74</lei>
        <title>Pidilite Industries Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="INE318A01026"/>
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        <assetCat>EC</assetCat>
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        <invCountry>IN</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FU SHOU YUAN</name>
        <lei>N/A</lei>
        <title>Fu Shou Yuan International Group Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="KYG371091086"/>
          <ticker value="1448"/>
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        <invCountry>CN</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>PTT Exploration &amp; Production P</name>
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        <title>PTT Exploration &amp; Production PCL</title>
        <cusip>000000000</cusip>
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        <name>Saudi Electricity Co</name>
        <lei>549300FXO4ZXUIAXGP41</lei>
        <title>Saudi Electricity Co</title>
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          <isin value="SA0007879550"/>
          <ticker value="SECO"/>
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        <name>China Resources Gas Group Ltd</name>
        <lei>529900A0E1J5JSOKEK83</lei>
        <title>China Resources Gas Group Ltd</title>
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          <isin value="BMG2113B1081"/>
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        <name>Hellenic Telecommunications Or</name>
        <lei>ELPUFM0XZRZO4LFXW404</lei>
        <title>Hellenic Telecommunications Organization SA</title>
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          <ticker value="HTO"/>
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        <name>PSG Group Ltd</name>
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        <title>PSG Group Ltd</title>
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        <name>GDS Holdings Ltd</name>
        <lei>391200MGV8DDCHTN2R77</lei>
        <title>GDS Holdings Ltd</title>
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        <invCountry>CN</invCountry>
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        <name>Nestle India Ltd</name>
        <lei>3358008SYYY9CPWH5D94</lei>
        <title>Nestle India Ltd</title>
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        <invCountry>IN</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coal India Ltd</name>
        <lei>335800NLJQZNHM9LBB31</lei>
        <title>Coal India Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE522F01014"/>
          <ticker value="COAL"/>
          <other otherDesc="SEDOL" value="B4Z9XF5"/>
        </identifiers>
        <balance>363499.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>861959.75000000</valUSD>
        <pctVal>0.190464416199</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Micro-Star International Co Lt</name>
        <lei>254900F4E0BDGJSSD870</lei>
        <title>Micro-Star International Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002377009"/>
          <ticker value="2377"/>
          <other otherDesc="SEDOL" value="6133450"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>403808.43000000</valUSD>
        <pctVal>0.089228223100</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>Advanced Info Service PCL</name>
        <lei>529900DU2YW1NO5RMU78</lei>
        <title>Advanced Info Service PCL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TH0268010Z03"/>
          <ticker value="ADVANC"/>
          <other otherDesc="SEDOL" value="6412568"/>
        </identifiers>
        <balance>117100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="34.25000000"/>
        <valUSD>732122.11000000</valUSD>
        <pctVal>0.161774619137</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UPL Ltd</name>
        <lei>335800RJSM1SLHO4UA95</lei>
        <title>UPL Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE628A01036"/>
          <ticker value="UPLL"/>
          <other otherDesc="SEDOL" value="B0L0W35"/>
        </identifiers>
        <balance>50729.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>541634.52000000</valUSD>
        <pctVal>0.119683201733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Far Eastern New Century Corp</name>
        <lei>254900CDLU5OS06M6K24</lei>
        <title>Far Eastern New Century Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0001402006"/>
          <ticker value="1402"/>
          <other otherDesc="SEDOL" value="6331470"/>
        </identifiers>
        <balance>418000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>423731.96000000</valUSD>
        <pctVal>0.093630660116</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>Agility Public Warehousing Co</name>
        <lei>549300C16Q6C2NMAI063</lei>
        <title>Agility Public Warehousing Co KSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KW0EQ0601041"/>
          <ticker value="AGLTY"/>
          <other otherDesc="SEDOL" value="6890302"/>
        </identifiers>
        <balance>131084.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KWD" exchangeRt="0.30650000"/>
        <valUSD>531843.92000000</valUSD>
        <pctVal>0.117519804993</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Westwing Comercio Varejista Lt</name>
        <lei>N/A</lei>
        <title>Westwing Comercio Varejista Ltda</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRWESTACNOR3"/>
          <ticker value="WEST3"/>
          <other otherDesc="SEDOL" value="BMZ2X83"/>
        </identifiers>
        <balance>298100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
        <valUSD>159181.22000000</valUSD>
        <pctVal>0.035173751601</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>HDFC BANK LTDDR</name>
        <lei>335800ZQ6I4E2JXENC50</lei>
        <title>HDFC BANK LTDDR</title>
        <cusip>40415F101</cusip>
        <identifiers>
          <isin value="US40415F1012"/>
          <ticker value="HDB"/>
        </identifiers>
        <balance>39700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2191837.00000000</valUSD>
        <pctVal>0.484323026231</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CIMB Group Holdings Bhd</name>
        <lei>549300FYDN5UD7USZW18</lei>
        <title>CIMB Group Holdings Bhd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MYL1023OO000"/>
          <ticker value="CIMB"/>
          <other otherDesc="SEDOL" value="6075745"/>
        </identifiers>
        <balance>217500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.35350000"/>
        <valUSD>259252.21000000</valUSD>
        <pctVal>0.057286109735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NetEase Inc</name>
        <lei>5299004AF4DSJDB0PA32</lei>
        <title>NetEase Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG6427A1022"/>
          <ticker value="9999"/>
          <other otherDesc="SEDOL" value="BM93SF4"/>
        </identifiers>
        <balance>90250.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>1728764.04000000</valUSD>
        <pctVal>0.381999314498</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Samsung Electro-Mechanics Co L</name>
        <lei>N/A</lei>
        <title>Samsung Electro-Mechanics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7009150004"/>
          <ticker value="009150"/>
          <other otherDesc="SEDOL" value="6771689"/>
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        <balance>2940.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1256.00000000"/>
        <valUSD>380539.59000000</valUSD>
        <pctVal>0.084086583915</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>Formosa Chemicals &amp; Fibre Corp</name>
        <lei>254900OJX8UZOAIVSU82</lei>
        <title>Formosa Chemicals &amp; Fibre Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0001326007"/>
          <ticker value="1326"/>
          <other otherDesc="SEDOL" value="6348715"/>
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        <balance>153000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>412053.53000000</valUSD>
        <pctVal>0.091050115779</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>Qualitas Controladora SAB de C</name>
        <lei>N/A</lei>
        <title>Qualitas Controladora SAB de CV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MX01Q0000008"/>
          <ticker value="Q*"/>
          <other otherDesc="SEDOL" value="BYMXF65"/>
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        <balance>234100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.40650000"/>
        <valUSD>1261901.85000000</valUSD>
        <pctVal>0.278838309052</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>LG Corp</name>
        <lei>N/A</lei>
        <title>LG Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7003550001"/>
          <ticker value="003550"/>
          <other otherDesc="SEDOL" value="6537030"/>
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        <balance>4314.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1256.00000000"/>
        <valUSD>249126.68000000</valUSD>
        <pctVal>0.055048704612</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>
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      </invstOrSec>
      <invstOrSec>
        <name>MercadoLibre Inc</name>
        <lei>549300DKPDN9M5S8GB14</lei>
        <title>MercadoLibre Inc</title>
        <cusip>58733R102</cusip>
        <identifiers>
          <isin value="US58733R1023"/>
          <ticker value="MELI"/>
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        <balance>4255.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4142795.65000000</valUSD>
        <pctVal>0.915419954250</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Turkcell Iletisim Hizmetleri A</name>
        <lei>7890003EX1LTLS2FFL84</lei>
        <title>Turkcell Iletisim Hizmetleri AS</title>
        <cusip>900111204</cusip>
        <identifiers>
          <isin value="US9001112047"/>
          <ticker value="TKC"/>
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        <balance>96864.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>338055.36000000</valUSD>
        <pctVal>0.074698983085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JSW Steel Ltd</name>
        <lei>335800EK6HZSC4CVAJ09</lei>
        <title>JSW Steel Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE019A01038"/>
          <ticker value="JSTL"/>
          <other otherDesc="SEDOL" value="BZBYJJ7"/>
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        <balance>67137.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>631890.71000000</valUSD>
        <pctVal>0.139626815732</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</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>NAVER Corp</name>
        <lei>988400ULUQYDB2HQYJ61</lei>
        <title>NAVER Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7035420009"/>
          <ticker value="035420"/>
          <other otherDesc="SEDOL" value="6560393"/>
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        <balance>10500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1256.00000000"/>
        <valUSD>2338969.94000000</valUSD>
        <pctVal>0.516834508954</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Sok Marketler Ticaret AS</name>
        <lei>7890005KB5WP0KUURR88</lei>
        <title>Sok Marketler Ticaret AS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TRESOKM00022"/>
          <ticker value="SOKM"/>
          <other otherDesc="SEDOL" value="BFZCT20"/>
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        <balance>1006810.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="14.84825000"/>
        <valUSD>881319.36000000</valUSD>
        <pctVal>0.194742245664</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MediaTek Inc</name>
        <lei>254900UEGBK1I4DM4E14</lei>
        <title>MediaTek Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002454006"/>
          <ticker value="2454"/>
          <other otherDesc="SEDOL" value="6372480"/>
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        <balance>487000.00000000</balance>
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        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>13425615.29000000</valUSD>
        <pctVal>2.966614135205</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>China Conch Environment Protec</name>
        <lei>N/A</lei>
        <title>China Conch Environment Protection Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG2124M1015"/>
          <ticker value="587"/>
          <other otherDesc="SEDOL" value="BNM1NF7"/>
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        <balance>273500.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>234219.45000000</valUSD>
        <pctVal>0.051754702939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tata Elxsi Ltd</name>
        <lei>335800OWLDKWXSI48N33</lei>
        <title>Tata Elxsi Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE670A01012"/>
          <ticker value="TELX"/>
          <other otherDesc="SEDOL" value="6211204"/>
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        <balance>3424.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>342938.38000000</valUSD>
        <pctVal>0.075777967984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PTT Global Chemical PCL</name>
        <lei>5493007X3230PPPZFF40</lei>
        <title>PTT Global Chemical PCL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TH1074010006"/>
          <ticker value="PTTGC"/>
          <other otherDesc="SEDOL" value="B67QFW9"/>
        </identifiers>
        <balance>188800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="34.25000000"/>
        <valUSD>273725.33000000</valUSD>
        <pctVal>0.060484187547</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HENGAN INT'L</name>
        <lei>N/A</lei>
        <title>Hengan International Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG4402L1510"/>
          <ticker value="1044"/>
          <other otherDesc="SEDOL" value="6136233"/>
        </identifiers>
        <balance>152500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>720688.53000000</valUSD>
        <pctVal>0.159248178500</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banco Santander Brasil SA</name>
        <lei>549300D1H731B30TSI43</lei>
        <title>Banco Santander Brasil SA</title>
        <cusip>05967A107</cusip>
        <identifiers>
          <isin value="US05967A1079"/>
          <ticker value="BSBR"/>
        </identifiers>
        <balance>76444.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>486948.28000000</valUSD>
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        <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>
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      </invstOrSec>
      <invstOrSec>
        <name>BIM Birlesik Magazalar AS</name>
        <lei>7890001GCDJQD8DJKE29</lei>
        <title>BIM Birlesik Magazalar AS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TREBIMM00018"/>
          <ticker value="BIMAS"/>
          <other otherDesc="SEDOL" value="B0D0006"/>
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        <balance>101958.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="14.84825000"/>
        <valUSD>572809.19000000</valUSD>
        <pctVal>0.126571766218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Titan Co Ltd</name>
        <lei>549300RO9VJWPK37FE54</lei>
        <title>Titan Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE280A01028"/>
          <ticker value="TTAN"/>
          <other otherDesc="SEDOL" value="6139340"/>
        </identifiers>
        <balance>9194.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>293367.39000000</valUSD>
        <pctVal>0.064824429062</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Yandex NV</name>
        <lei>549300GGZHJ5Q1B18P93</lei>
        <title>Yandex NV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0009805522"/>
          <ticker value="YNDX"/>
        </identifiers>
        <balance>59681.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JBS SA</name>
        <lei>529900RM0MTMZL9O5050</lei>
        <title>JBS SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRJBSSACNOR8"/>
          <ticker value="JBSS3"/>
          <other otherDesc="SEDOL" value="B1V74X7"/>
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        <balance>115803.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
        <valUSD>887738.29000000</valUSD>
        <pctVal>0.196160615553</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Parade Technologies Ltd</name>
        <lei>529900D9FDQHQKAQLY02</lei>
        <title>Parade Technologies Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG6892A1085"/>
          <ticker value="4966"/>
          <other otherDesc="SEDOL" value="B6RV676"/>
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        <balance>10000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>475566.17000000</valUSD>
        <pctVal>0.105084295331</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAMSUNG ELECTRONICS CO LTD</name>
        <lei>9884007ER46L6N7EI764</lei>
        <title>SAMSUNG ELECTRONICS CO LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7005930003"/>
          <ticker value="005930"/>
          <other otherDesc="SEDOL" value="6771720"/>
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        <balance>218047.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1256.00000000"/>
        <valUSD>11620504.61000000</valUSD>
        <pctVal>2.567744754307</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>SHOUGANG RES</name>
        <lei>529900OPUNJYLOX4OL37</lei>
        <title>Shougang Fushan Resources Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HK0639031506"/>
          <ticker value="639"/>
          <other otherDesc="SEDOL" value="6354671"/>
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        <balance>914000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>341535.49000000</valUSD>
        <pctVal>0.075467975986</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Asian Paints Ltd</name>
        <lei>335800HEHXGYRUNERD75</lei>
        <title>Asian Paints Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE021A01026"/>
          <ticker value="APNT"/>
          <other otherDesc="SEDOL" value="BCRWL65"/>
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        <balance>11976.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>504814.59000000</valUSD>
        <pctVal>0.111547222678</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Korea Electric Power Corp</name>
        <lei>988400QG33WS7JEIV602</lei>
        <title>Korea Electric Power Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7015760002"/>
          <ticker value="015760"/>
          <other otherDesc="SEDOL" value="6495730"/>
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        <balance>25029.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1256.00000000"/>
        <valUSD>456742.30000000</valUSD>
        <pctVal>0.100924846575</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</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>Itau Unibanco Holding SA</name>
        <lei>5493002W2IVG62O3ZJ94</lei>
        <title>Itau Unibanco Holding SA</title>
        <cusip>465562106</cusip>
        <identifiers>
          <isin value="US4655621062"/>
          <ticker value="ITUB"/>
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        <balance>361332.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1730780.28000000</valUSD>
        <pctVal>0.382444836431</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Pharmaron Beijing Co Ltd</name>
        <lei>300300JYXHGVS5SNGG54</lei>
        <title>Pharmaron Beijing Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003PG4"/>
          <ticker value="3759"/>
          <other otherDesc="SEDOL" value="BK72QD3"/>
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        <balance>168600.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>2118029.69000000</valUSD>
        <pctVal>0.468014067244</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mphasis Ltd</name>
        <lei>335800NSYTIQLQKUYP62</lei>
        <title>Mphasis Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE356A01018"/>
          <ticker value="MPHL"/>
          <other otherDesc="SEDOL" value="6151593"/>
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        <balance>17614.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>646801.59000000</valUSD>
        <pctVal>0.142921623934</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Gruma SAB de CV</name>
        <lei>5493000XJLJ6C4T0PG82</lei>
        <title>Gruma SAB de CV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MXP4948K1056"/>
          <ticker value="GRUMAB"/>
          <other otherDesc="SEDOL" value="2392545"/>
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        <balance>29038.00000000</balance>
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        <currencyConditional curCd="MXN" exchangeRt="20.40650000"/>
        <valUSD>345840.57000000</valUSD>
        <pctVal>0.076419255380</pctVal>
        <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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Novolipetsk Steel PJSC</name>
        <lei>213800913TPW32I84456</lei>
        <title>Novolipetsk Steel PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU0009046452"/>
          <ticker value="NLMK"/>
          <other otherDesc="SEDOL" value="B59FPC7"/>
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        <balance>83570.00000000</balance>
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        <currencyConditional curCd="RUB" exchangeRt="71.35000000"/>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ENN Energy Holdings Ltd</name>
        <lei>549300V7BXPWT6WIPR03</lei>
        <title>ENN Energy Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG3066L1014"/>
          <ticker value="2688"/>
          <other otherDesc="SEDOL" value="6333937"/>
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        <balance>30800.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>412568.34000000</valUSD>
        <pctVal>0.091163871654</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hyundai Engineering &amp; Construc</name>
        <lei>988400CEQG9N710HN313</lei>
        <title>Hyundai Engineering &amp; Construction Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7000720003"/>
          <ticker value="000720"/>
          <other otherDesc="SEDOL" value="6450988"/>
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        <balance>9720.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Emaar Development PJSC</name>
        <lei>N/A</lei>
        <title>Emaar Development PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AEE001901017"/>
          <ticker value="EMAARDE"/>
          <other otherDesc="SEDOL" value="BDG1977"/>
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        <balance>233555.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Infosys Ltd</name>
        <lei>335800TYLGG93MM7PR89</lei>
        <title>Infosys Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE009A01021"/>
          <ticker value="INFO"/>
          <other otherDesc="SEDOL" value="6205122"/>
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        <balance>153696.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>America Movil SAB de CV</name>
        <lei>5493000FNR3UCEAONM59</lei>
        <title>America Movil SAB de CV</title>
        <cusip>02364W105</cusip>
        <identifiers>
          <isin value="US02364W1053"/>
          <ticker value="AMX"/>
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        <balance>60681.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1179031.83000000</valUSD>
        <pctVal>0.260526792789</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>Mytilineos SA</name>
        <lei>213800KT8MEUJEJ2KW41</lei>
        <title>Mytilineos SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GRS393503008"/>
          <ticker value="MYTIL"/>
          <other otherDesc="SEDOL" value="5898664"/>
        </identifiers>
        <balance>16823.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.94791000"/>
        <valUSD>311526.81000000</valUSD>
        <pctVal>0.068837056483</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PhosAgro PJSC</name>
        <lei>25340053KRUNNYUWF472</lei>
        <title>PhosAgro PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU000A0JRKT8"/>
          <ticker value="PHOR"/>
          <other otherDesc="SEDOL" value="B3ZQM29"/>
        </identifiers>
        <balance>4078.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.35000000"/>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Quanta Computer Inc</name>
        <lei>529900DE8BIV3XOXIK04</lei>
        <title>Quanta Computer Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002382009"/>
          <ticker value="2382"/>
          <other otherDesc="SEDOL" value="6141011"/>
        </identifiers>
        <balance>351000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>988594.27000000</valUSD>
        <pctVal>0.218446430350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cencosud SA</name>
        <lei>549300NLTGCFV7482429</lei>
        <title>Cencosud SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CL0000000100"/>
          <ticker value="CENCOSUD"/>
          <other otherDesc="SEDOL" value="B00R3L2"/>
        </identifiers>
        <balance>180271.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="852.76000000"/>
        <valUSD>288557.06000000</valUSD>
        <pctVal>0.063761506234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LG Innotek Co Ltd</name>
        <lei>988400KTHH2LMUX7EB48</lei>
        <title>LG Innotek Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7011070000"/>
          <ticker value="011070"/>
          <other otherDesc="SEDOL" value="B39Z8G8"/>
        </identifiers>
        <balance>3333.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1256.00000000"/>
        <valUSD>904370.38000000</valUSD>
        <pctVal>0.199835753879</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bank of Georgia Group PLC</name>
        <lei>213800XKDG12NQG8VC53</lei>
        <title>Bank of Georgia Group PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BF4HYT85"/>
          <ticker value="BGEO"/>
          <other otherDesc="SEDOL" value="BF4HYT8"/>
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        <balance>114572.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.79526000"/>
        <valUSD>1769162.49000000</valUSD>
        <pctVal>0.390926027369</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BB Seguridade Participacoes SA</name>
        <lei>N/A</lei>
        <title>BB Seguridade Participacoes SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRBBSEACNOR5"/>
          <ticker value="BBSE3"/>
          <other otherDesc="SEDOL" value="B9N3SQ0"/>
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        <balance>75029.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
        <valUSD>383192.03000000</valUSD>
        <pctVal>0.084672684874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MTN Group Ltd</name>
        <lei>2549009JD6Q6XHZS5E05</lei>
        <title>MTN Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000042164"/>
          <ticker value="MTN"/>
          <other otherDesc="SEDOL" value="6563206"/>
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        <balance>57245.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>607140.22000000</valUSD>
        <pctVal>0.134157781211</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>Vale SA</name>
        <lei>254900SMTWBX7RU2SR20</lei>
        <title>Vale SA</title>
        <cusip>91912E105</cusip>
        <identifiers>
          <isin value="US91912E1055"/>
          <ticker value="VALE"/>
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        <balance>148464.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2507556.96000000</valUSD>
        <pctVal>0.554086629304</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Oil &amp; Natural Gas Corp Ltd</name>
        <lei>335800FPDZ9MRSNO7N41</lei>
        <title>Oil &amp; Natural Gas Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE213A01029"/>
          <ticker value="ONGC"/>
          <other otherDesc="SEDOL" value="6139362"/>
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        <balance>214833.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>445221.36000000</valUSD>
        <pctVal>0.098379102286</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ruentex Development Co Ltd</name>
        <lei>N/A</lei>
        <title>Ruentex Development Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0009945006"/>
          <ticker value="9945"/>
          <other otherDesc="SEDOL" value="6748423"/>
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        <balance>146000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>382122.11000000</valUSD>
        <pctVal>0.084436268164</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Bupa Arabia for Cooperative In</name>
        <lei>558600B2WJHD5P31XS68</lei>
        <title>Bupa Arabia for Cooperative Insurance Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA1210540914"/>
          <ticker value="BUPA"/>
          <other otherDesc="SEDOL" value="B2RLCR0"/>
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        <balance>21248.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75080000"/>
        <valUSD>937946.23000000</valUSD>
        <pctVal>0.207254899226</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</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>Samsung Life Insurance Co Ltd</name>
        <lei>988400VYE6E0WYSM4S92</lei>
        <title>Samsung Life Insurance Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7032830002"/>
          <ticker value="032830"/>
          <other otherDesc="SEDOL" value="B12C0T9"/>
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        <balance>12039.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1256.00000000"/>
        <valUSD>618896.46000000</valUSD>
        <pctVal>0.136755518969</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ANTA Sports Products Ltd</name>
        <lei>529900291XG0CTK4LF95</lei>
        <title>ANTA Sports Products Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG040111059"/>
          <ticker value="2020"/>
          <other otherDesc="SEDOL" value="B1YVKN8"/>
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        <balance>69600.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>799877.66000000</valUSD>
        <pctVal>0.176746340583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Richter Gedeon Nyrt</name>
        <lei>549300J6ZJW5IH4WEE46</lei>
        <title>Richter Gedeon Nyrt</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HU0000123096"/>
          <ticker value="RICHT"/>
          <other otherDesc="SEDOL" value="BC9ZH86"/>
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        <balance>18808.00000000</balance>
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        <currencyConditional curCd="HUF" exchangeRt="358.48625000"/>
        <valUSD>375258.75000000</valUSD>
        <pctVal>0.082919694037</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CSPC Pharmaceutical Group Ltd</name>
        <lei>529900M3XQCW234H8O91</lei>
        <title>CSPC Pharmaceutical Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HK1093012172"/>
          <ticker value="1093"/>
          <other otherDesc="SEDOL" value="6191997"/>
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        <balance>370800.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Astra International Tbk PT</name>
        <lei>529900L49TRJOMG4DK47</lei>
        <title>Astra International Tbk PT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ID1000122807"/>
          <ticker value="ASII"/>
          <other otherDesc="SEDOL" value="B800MQ5"/>
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        <balance>8008200.00000000</balance>
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        <currencyConditional curCd="IDR" exchangeRt="14497.00000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Marico Ltd</name>
        <lei>3358003SFDQFGJPC5O84</lei>
        <title>Marico Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE196A01026"/>
          <ticker value="MRCO"/>
          <other otherDesc="SEDOL" value="B1S34K5"/>
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        <balance>56259.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
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        <pctVal>0.084492957175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wipro Ltd</name>
        <lei>335800IFS1IJHESG8362</lei>
        <title>Wipro Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE075A01022"/>
          <ticker value="WPRO"/>
          <other otherDesc="SEDOL" value="6206051"/>
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        <balance>80133.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Surgutneftegas PJSC</name>
        <lei>2138002GZLU65FRAC894</lei>
        <title>Surgutneftegas PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU0009029524"/>
          <ticker value="SNGSP"/>
          <other otherDesc="SEDOL" value="B5BHR47"/>
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        <balance>539032.00000000</balance>
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        <currencyConditional curCd="RUB" exchangeRt="71.35000000"/>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Rumo SA</name>
        <lei>N/A</lei>
        <title>Rumo SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRRAILACNOR9"/>
          <ticker value="RAIL3"/>
          <other otherDesc="SEDOL" value="BYXZ2W5"/>
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        <balance>49824.00000000</balance>
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        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>YITAI COAL</name>
        <lei>529900OW9OHPX81B0T69</lei>
        <title>Inner Mongolia Yitai Coal Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000SK7"/>
          <ticker value="900948"/>
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        <balance>288500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>386855.71000000</valUSD>
        <pctVal>0.085482236216</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TENCENT HOLDINGS LTD</name>
        <lei>254900N4SLUMW4XUYY11</lei>
        <title>TENCENT HOLDINGS LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG875721634"/>
          <ticker value="700"/>
          <other otherDesc="SEDOL" value="BMMV2K8"/>
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        <balance>221200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>10424024.60000000</valUSD>
        <pctVal>2.303362494463</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</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>Larsen &amp; Toubro Ltd</name>
        <lei>3358003FR3JIC5FRXA90</lei>
        <title>Larsen &amp; Toubro Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE018A01030"/>
          <ticker value="LT"/>
          <other otherDesc="SEDOL" value="B0166K8"/>
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        <balance>16390.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>360212.19000000</valUSD>
        <pctVal>0.079594905070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</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>Magnit PJSC</name>
        <lei>2534009KKPTVL99W2Y12</lei>
        <title>Magnit PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU000A0JKQU8"/>
          <ticker value="MGNT"/>
          <other otherDesc="SEDOL" value="B59GLW2"/>
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        <balance>1185.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.35000000"/>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bharat Electronics Ltd</name>
        <lei>335800HS8AOTM9W1F335</lei>
        <title>Bharat Electronics Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE263A01024"/>
          <ticker value="BHE"/>
          <other otherDesc="SEDOL" value="BF1THH6"/>
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        <balance>152084.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>470703.99000000</valUSD>
        <pctVal>0.104009915379</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</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>Bradespar SA</name>
        <lei>9598001UD1DHEH3PZ471</lei>
        <title>Bradespar SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRBRAPACNPR2"/>
          <ticker value="BRAP4"/>
          <other otherDesc="SEDOL" value="B01SCS4"/>
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        <balance>56947.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
        <valUSD>339105.31000000</valUSD>
        <pctVal>0.074930987089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Topsports International Holdin</name>
        <lei>N/A</lei>
        <title>Topsports International Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG8924B1041"/>
          <ticker value="6110"/>
          <other otherDesc="SEDOL" value="BJRFW26"/>
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        <balance>1018000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>778617.95000000</valUSD>
        <pctVal>0.172048652259</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</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>TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD</name>
        <lei>549300KB6NK5SBD14S87</lei>
        <title>TAIWAN SEMICONDUCTOR MANUFAC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002330008"/>
          <ticker value="2330"/>
          <other otherDesc="SEDOL" value="6889106"/>
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        <balance>1454000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>26292186.21000000</valUSD>
        <pctVal>5.809698071278</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</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>Bloomberry Resorts Corp</name>
        <lei>N/A</lei>
        <title>Bloomberry Resorts Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="PHY0927M1046"/>
          <ticker value="BLOOM"/>
          <other otherDesc="SEDOL" value="B7RLFB0"/>
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        <balance>8168000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="52.20500000"/>
        <valUSD>941944.77000000</valUSD>
        <pctVal>0.208138443483</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SABIC Agri-Nutrients Co</name>
        <lei>N/A</lei>
        <title>SABIC Agri-Nutrients Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA0007879139"/>
          <ticker value="SAFCO"/>
          <other otherDesc="SEDOL" value="B1323K0"/>
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        <balance>25197.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75080000"/>
        <valUSD>1085451.38000000</valUSD>
        <pctVal>0.239848627971</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Adaro Energy Indonesia Tbk PT</name>
        <lei>529900P2WAH7XA87OI24</lei>
        <title>Adaro Energy Indonesia Tbk PT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ID1000111305"/>
          <ticker value="ADRO"/>
          <other otherDesc="SEDOL" value="B3BQFC4"/>
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        <balance>3118800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14497.00000000"/>
        <valUSD>712567.78000000</valUSD>
        <pctVal>0.157453763032</pctVal>
        <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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Compal Electronics Inc</name>
        <lei>529900ZPKWFDL21LW166</lei>
        <title>Compal Electronics Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002324001"/>
          <ticker value="2324"/>
          <other otherDesc="SEDOL" value="6225744"/>
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        <balance>266000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>199601.31000000</valUSD>
        <pctVal>0.044105246192</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>
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      <invstOrSec>
        <name>Petroleo Brasileiro SA</name>
        <lei>5493000J801JZRCMFE49</lei>
        <title>Petroleo Brasileiro SA</title>
        <cusip>71654V408</cusip>
        <identifiers>
          <isin value="US71654V4086"/>
          <ticker value="PBR"/>
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        <balance>86443.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1173031.51000000</valUSD>
        <pctVal>0.259200921778</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Korea Zinc Co Ltd</name>
        <lei>988400D0HSQUB1I1VO41</lei>
        <title>Korea Zinc Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7010130003"/>
          <ticker value="010130"/>
          <other otherDesc="SEDOL" value="6495428"/>
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        <balance>1344.00000000</balance>
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        <currencyConditional curCd="KRW" exchangeRt="1256.00000000"/>
        <valUSD>613587.27000000</valUSD>
        <pctVal>0.135582364684</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</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>Magnit PJSC</name>
        <lei>2534009KKPTVL99W2Y12</lei>
        <title>Magnit PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU000A0JKQU8"/>
          <ticker value="MGNT"/>
          <other otherDesc="SEDOL" value="B59GLW2"/>
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        <balance>13025.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DiGi.Com Bhd</name>
        <lei>N/A</lei>
        <title>DiGi.Com Bhd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MYL6947OO005"/>
          <ticker value="DIGI"/>
          <other otherDesc="SEDOL" value="6086242"/>
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        <balance>418200.00000000</balance>
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        <currencyConditional curCd="MYR" exchangeRt="4.35350000"/>
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        <pctVal>0.080799989046</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Indian Oil Corp Ltd</name>
        <lei>335800J8OBWE4VFUDG88</lei>
        <title>Indian Oil Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE242A01010"/>
          <ticker value="IOCL"/>
          <other otherDesc="SEDOL" value="6253767"/>
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        <balance>227073.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SK Square Co Ltd</name>
        <lei>N/A</lei>
        <title>SK Square Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7402340004"/>
          <ticker value="402340"/>
          <other otherDesc="SEDOL" value="BMG3GS6"/>
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        <balance>77485.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SK Hynix Inc</name>
        <lei>988400XAIK6XISWQV045</lei>
        <title>SK Hynix Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7000660001"/>
          <ticker value="000660"/>
          <other otherDesc="SEDOL" value="6450267"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wal-Mart de Mexico SAB de CV</name>
        <lei>N/A</lei>
        <title>Wal-Mart de Mexico SAB de CV</title>
        <cusip>000000000</cusip>
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          <isin value="MX01WA000038"/>
          <ticker value="WALMEX*"/>
          <other otherDesc="SEDOL" value="BW1YVH8"/>
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        <balance>112983.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALIBABA GROUP HOLDING-SP ADR</name>
        <lei>5493001NTNQJDH60PM02</lei>
        <title>ALIBABA GROUP HOLDING LTD</title>
        <cusip>01609W102</cusip>
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          <isin value="US01609W1027"/>
          <ticker value="BABA"/>
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        <balance>15356.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1490914.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Zai Lab Ltd</name>
        <lei>549300P2UYQ9U5LY1T58</lei>
        <title>Zai Lab Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG9887T1168"/>
          <ticker value="9688"/>
          <other otherDesc="SEDOL" value="BP8L269"/>
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        <balance>204500.00000000</balance>
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        <valUSD>833319.20000000</valUSD>
        <pctVal>0.184135807891</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kumba Iron Ore Ltd</name>
        <lei>3789006C753402643048</lei>
        <title>Kumba Iron Ore Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="ZAE000085346"/>
          <ticker value="KIO"/>
          <other otherDesc="SEDOL" value="B1G4262"/>
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        <balance>7908.00000000</balance>
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        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>262533.86000000</valUSD>
        <pctVal>0.058011245162</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Qingdao TGOOD Electric Co Ltd</name>
        <lei>N/A</lei>
        <title>Qingdao TGOOD Electric Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000H69"/>
          <ticker value="300001"/>
          <other otherDesc="SEDOL" value="BD5CGV4"/>
        </identifiers>
        <balance>186884.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.58700000"/>
        <valUSD>389485.95000000</valUSD>
        <pctVal>0.086063431714</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Baosight</name>
        <lei>N/A</lei>
        <title>Shanghai Baosight Software Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000C66"/>
          <ticker value="600845"/>
          <other otherDesc="SEDOL" value="BP3RCN9"/>
        </identifiers>
        <balance>298135.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.58700000"/>
        <valUSD>2136121.98000000</valUSD>
        <pctVal>0.472011861170</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TINGYI</name>
        <lei>5299009MPI9B60VN4P25</lei>
        <title>Tingyi Cayman Islands Holding Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG8878S1030"/>
          <ticker value="322"/>
          <other otherDesc="SEDOL" value="6903556"/>
        </identifiers>
        <balance>414000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>755616.95000000</valUSD>
        <pctVal>0.166966196799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rede D'Or Sao Luiz SA</name>
        <lei>N/A</lei>
        <title>Rede D'Or Sao Luiz SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRRDORACNOR8"/>
          <ticker value="RDOR3"/>
          <other otherDesc="SEDOL" value="BNDQ8P6"/>
        </identifiers>
        <balance>191300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
        <valUSD>1429734.32000000</valUSD>
        <pctVal>0.315923698965</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>Yum China Holdings Inc</name>
        <lei>529900DO9BYZ7VA3K502</lei>
        <title>Yum China Holdings Inc</title>
        <cusip>98850P109</cusip>
        <identifiers>
          <isin value="US98850P1093"/>
          <ticker value="9987"/>
          <other otherDesc="SEDOL" value="BN2BD13"/>
        </identifiers>
        <balance>30650.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>1268763.59000000</valUSD>
        <pctVal>0.280354525213</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banpu PCL</name>
        <lei>529900AJ2Z6SUR6TSW75</lei>
        <title>Banpu PCL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TH0148A10Z14"/>
          <ticker value="BANPU/F"/>
          <other otherDesc="SEDOL" value="BJFHBT4"/>
        </identifiers>
        <balance>1093500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="34.25000000"/>
        <valUSD>389609.93000000</valUSD>
        <pctVal>0.086090827167</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Phoenix Mills Ltd/The</name>
        <lei>33580037PCXCE5PNQU51</lei>
        <title>Phoenix Mills Ltd/The</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE211B01039"/>
          <ticker value="PHNX"/>
          <other otherDesc="SEDOL" value="B0SXY97"/>
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        <balance>97465.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>1375579.38000000</valUSD>
        <pctVal>0.303957259660</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gazprom PJSC</name>
        <lei>213800FD9J2IHTA7YX78</lei>
        <title>Gazprom PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU0007661625"/>
          <ticker value="GAZP"/>
          <other otherDesc="SEDOL" value="B59L4L7"/>
        </identifiers>
        <balance>80301.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.35000000"/>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IRPC PCL</name>
        <lei>254900IKV8DJ1C05JB68</lei>
        <title>IRPC PCL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TH0471010Y12"/>
          <ticker value="IRPC/F"/>
          <other otherDesc="SEDOL" value="6890603"/>
        </identifiers>
        <balance>2572000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="34.25000000"/>
        <valUSD>259169.44000000</valUSD>
        <pctVal>0.057267820320</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hindustan Petroleum Corp Ltd</name>
        <lei>335800DWLXIP7HFFY564</lei>
        <title>Hindustan Petroleum Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE094A01015"/>
          <ticker value="HPCL"/>
          <other otherDesc="SEDOL" value="6100476"/>
        </identifiers>
        <balance>74713.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>262587.45000000</valUSD>
        <pctVal>0.058023086768</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OMV Petrom SA</name>
        <lei>549300UKYDM6L8HEPU79</lei>
        <title>OMV Petrom SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ROSNPPACNOR9"/>
          <ticker value="SNP"/>
          <other otherDesc="SEDOL" value="7180411"/>
        </identifiers>
        <balance>5369021.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RON" exchangeRt="4.68955000"/>
        <valUSD>546346.30000000</valUSD>
        <pctVal>0.120724348291</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Petronet LNG Ltd</name>
        <lei>335800KIIKNA7GRD9351</lei>
        <title>Petronet LNG Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE347G01014"/>
          <ticker value="PLNG"/>
          <other otherDesc="SEDOL" value="B00KT68"/>
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        <balance>113640.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>301220.73000000</valUSD>
        <pctVal>0.066559755819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lao Feng Xiang Co Ltd</name>
        <lei>N/A</lei>
        <title>Lao Feng Xiang Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000004K3"/>
          <ticker value="900905"/>
          <other otherDesc="SEDOL" value="6196077"/>
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        <balance>72100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>231763.86000000</valUSD>
        <pctVal>0.051212099278</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Uni-President Enterprises Corp</name>
        <lei>254900DAXBDMVEXU5959</lei>
        <title>Uni-President Enterprises Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0001216000"/>
          <ticker value="1216"/>
          <other otherDesc="SEDOL" value="6700393"/>
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        <balance>150000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>347043.01000000</valUSD>
        <pctVal>0.076684954599</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Woolworths Holdings Ltd/South</name>
        <lei>37890095421E07184E97</lei>
        <title>Woolworths Holdings Ltd/South Africa</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000063863"/>
          <ticker value="WHL"/>
          <other otherDesc="SEDOL" value="B06KZ97"/>
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        <balance>170373.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>637798.74000000</valUSD>
        <pctVal>0.140932293725</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>
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      </invstOrSec>
      <invstOrSec>
        <name>MLP Saglik Hizmetleri AS</name>
        <lei>789000M2LTGHSXVOQL65</lei>
        <title>MLP Saglik Hizmetleri AS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TREMLPC00021"/>
          <ticker value="MPARK"/>
          <other otherDesc="SEDOL" value="BD0MX96"/>
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        <balance>865930.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="14.84825000"/>
        <valUSD>1845921.79000000</valUSD>
        <pctVal>0.407887277894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sungrow Power Supply Co Ltd</name>
        <lei>30030052IWC7RGVFG505</lei>
        <title>Sungrow Power Supply Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000018M7"/>
          <ticker value="300274"/>
          <other otherDesc="SEDOL" value="BD5CGB4"/>
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        <balance>113927.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="6.58700000"/>
        <valUSD>1077690.06000000</valUSD>
        <pctVal>0.238133634571</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GAIL India Ltd</name>
        <lei>335800N82LJD42ZA5L32</lei>
        <title>GAIL India Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE129A01019"/>
          <ticker value="GAIL"/>
          <other otherDesc="SEDOL" value="6133405"/>
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        <balance>216800.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>448196.20000000</valUSD>
        <pctVal>0.099036442914</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</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>Asia Cement Corp</name>
        <lei>213800EFQXH43HMGJL59</lei>
        <title>Asia Cement Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0001102002"/>
          <ticker value="1102"/>
          <other otherDesc="SEDOL" value="6056331"/>
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        <balance>254000.00000000</balance>
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        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>412757.54000000</valUSD>
        <pctVal>0.091205678557</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Clicks Group Ltd</name>
        <lei>378900E967958A677472</lei>
        <title>Clicks Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000134854"/>
          <ticker value="CLS"/>
          <other otherDesc="SEDOL" value="6105578"/>
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        <balance>36051.00000000</balance>
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        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>709537.55000000</valUSD>
        <pctVal>0.156784183057</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Itausa SA</name>
        <lei>N/A</lei>
        <title>Itausa SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRITSAACNPR7"/>
          <ticker value="ITSA4"/>
          <other otherDesc="SEDOL" value="2458771"/>
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        <balance>649242.00000000</balance>
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        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
        <valUSD>1212088.24000000</valUSD>
        <pctVal>0.267831159185</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>Cresud SACIF y A</name>
        <lei>529900OJF9C0NUFNN613</lei>
        <title>Cresud SACIF y A</title>
        <cusip>226406106</cusip>
        <identifiers>
          <isin value="US2264061068"/>
          <ticker value="CRESY"/>
        </identifiers>
        <balance>35390.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>277811.50000000</valUSD>
        <pctVal>0.061387095117</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Egypt Kuwait Holding Co SAE</name>
        <lei>N/A</lei>
        <title>Egypt Kuwait Holding Co SAE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="EGS69082C013"/>
          <ticker value="EKHO"/>
        </identifiers>
        <balance>243076.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>312602.54000000</valUSD>
        <pctVal>0.069074757009</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Baidu Inc</name>
        <lei>254900AL64IANZYI1E02</lei>
        <title>Baidu Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG070341048"/>
          <ticker value="9888"/>
          <other otherDesc="SEDOL" value="B0J2D41"/>
        </identifiers>
        <balance>13500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>215240.16000000</valUSD>
        <pctVal>0.047560911535</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>U-PRESID CHINA</name>
        <lei>529900JUA05094TOKA73</lei>
        <title>Uni-President China Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG9222R1065"/>
          <ticker value="220"/>
          <other otherDesc="SEDOL" value="B29MKF5"/>
        </identifiers>
        <balance>934600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>818991.64000000</valUSD>
        <pctVal>0.180969893994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Resources Cement Holding</name>
        <lei>529900E0EOYXYJ0GHY66</lei>
        <title>China Resources Cement Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG2113L1068"/>
          <ticker value="1313"/>
          <other otherDesc="SEDOL" value="B41XC98"/>
        </identifiers>
        <balance>332000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>275472.76000000</valUSD>
        <pctVal>0.060870311417</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United Microelectronics Corp</name>
        <lei>391200YJCAGH9LF96P73</lei>
        <title>United Microelectronics Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002303005"/>
          <ticker value="2303"/>
          <other otherDesc="SEDOL" value="6916628"/>
        </identifiers>
        <balance>930000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>1477387.89000000</valUSD>
        <pctVal>0.326453551884</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>Nan Ya Plastics Corp</name>
        <lei>254900L66RP14M9UOM28</lei>
        <title>Nan Ya Plastics Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0001303006"/>
          <ticker value="1303"/>
          <other otherDesc="SEDOL" value="6621580"/>
        </identifiers>
        <balance>227000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>663199.22000000</valUSD>
        <pctVal>0.146544954403</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>Kunlun Energy Co Ltd</name>
        <lei>5299007GRIKP15GM4927</lei>
        <title>Kunlun Energy Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG5320C1082"/>
          <ticker value="135"/>
          <other otherDesc="SEDOL" value="6340078"/>
        </identifiers>
        <balance>1874000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>1555207.93000000</valUSD>
        <pctVal>0.343649190645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Equatorial Energia SA</name>
        <lei>N/A</lei>
        <title>Equatorial Energia SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BREQTLACNOR0"/>
          <ticker value="EQTL3"/>
          <other otherDesc="SEDOL" value="B128R96"/>
        </identifiers>
        <balance>105074.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
        <valUSD>545990.77000000</valUSD>
        <pctVal>0.120645787994</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>Taiwan Cement Corp</name>
        <lei>529900C56C3PB9X9ZO58</lei>
        <title>Taiwan Cement Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0001101004"/>
          <ticker value="1101"/>
          <other otherDesc="SEDOL" value="6869937"/>
        </identifiers>
        <balance>414679.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>643736.62000000</valUSD>
        <pctVal>0.142244367575</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>Mobile TeleSystems PJSC</name>
        <lei>2534008FX8EXH1FMJA74</lei>
        <title>Mobile TeleSystems PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU0007775219"/>
          <ticker value="MTSS"/>
          <other otherDesc="SEDOL" value="B59FPS3"/>
        </identifiers>
        <balance>91474.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.35000000"/>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BAIDU INC</name>
        <lei>254900AL64IANZYI1E02</lei>
        <title>BAIDU INC - SPON ADR</title>
        <cusip>056752108</cusip>
        <identifiers>
          <isin value="US0567521085"/>
          <ticker value="BIDU"/>
        </identifiers>
        <balance>16789.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2084690.13000000</valUSD>
        <pctVal>0.460647134123</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INOVANCE</name>
        <lei>N/A</lei>
        <title>Shenzhen Inovance Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000V46"/>
          <ticker value="300124"/>
          <other otherDesc="SEDOL" value="BD5CMN8"/>
        </identifiers>
        <balance>128926.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.58700000"/>
        <valUSD>1117405.36000000</valUSD>
        <pctVal>0.246909394029</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Globe Telecom Inc</name>
        <lei>254900GPWI1816YIM923</lei>
        <title>Globe Telecom Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="PHY272571498"/>
          <ticker value="GLO"/>
          <other otherDesc="SEDOL" value="6284864"/>
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        <balance>5145.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="52.20500000"/>
        <valUSD>223679.92000000</valUSD>
        <pctVal>0.049425817595</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Persistent Systems Ltd</name>
        <lei>3358006QYD77Z66S1J89</lei>
        <title>Persistent Systems Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE262H01013"/>
          <ticker value="PSYS"/>
          <other otherDesc="SEDOL" value="B28SM03"/>
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        <balance>9238.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>517762.99000000</valUSD>
        <pctVal>0.114408388117</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Powertech Technology Inc</name>
        <lei>254900O6KNZXH2RI9Q14</lei>
        <title>Powertech Technology Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0006239007"/>
          <ticker value="6239"/>
          <other otherDesc="SEDOL" value="6599676"/>
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        <balance>137000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>430464.33000000</valUSD>
        <pctVal>0.095118289813</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Wiwynn Corp</name>
        <lei>254900FV2R15PMKXFL69</lei>
        <title>Wiwynn Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0006669005"/>
          <ticker value="6669"/>
          <other otherDesc="SEDOL" value="BF4QXG5"/>
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        <balance>25000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>854891.10000000</valUSD>
        <pctVal>0.188902479814</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>PING AN</name>
        <lei>529900M9MC28JLN35U89</lei>
        <title>Ping An Insurance Group Co of China Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000003X6"/>
          <ticker value="2318"/>
          <other otherDesc="SEDOL" value="B01FLR7"/>
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        <balance>143500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>907023.18000000</valUSD>
        <pctVal>0.200421934386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Turk Hava Yollari AO</name>
        <lei>789000EV8M3BL7ZPFB03</lei>
        <title>Turk Hava Yollari AO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TRATHYAO91M5"/>
          <ticker value="THYAO"/>
          <other otherDesc="SEDOL" value="B03MYK0"/>
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        <balance>204349.00000000</balance>
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        <currencyConditional curCd="TRY" exchangeRt="14.84825000"/>
        <valUSD>567840.64000000</valUSD>
        <pctVal>0.125473882036</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COSCO SHIPPING Holdings Co Ltd</name>
        <lei>3003009XI0QGYYA29S17</lei>
        <title>COSCO SHIPPING Holdings Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000002J7"/>
          <ticker value="1919"/>
          <other otherDesc="SEDOL" value="B0B8Z18"/>
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        <balance>206600.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>321420.58000000</valUSD>
        <pctVal>0.071023250359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kaspi.KZ JSC</name>
        <lei>2549003YU6FARG8OAZ13</lei>
        <title>Kaspi.KZ JSC</title>
        <cusip>48581R205</cusip>
        <identifiers>
          <isin value="US48581R2058"/>
          <ticker value="KSPI"/>
          <other otherDesc="SEDOL" value="BMXZ8G7"/>
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        <balance>38280.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2488200.00000000</valUSD>
        <pctVal>0.549809385400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Truworths International Ltd</name>
        <lei>37890099AFD770037522</lei>
        <title>Truworths International Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000028296"/>
          <ticker value="TRU"/>
          <other otherDesc="SEDOL" value="6113485"/>
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        <balance>83374.00000000</balance>
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        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>296910.16000000</valUSD>
        <pctVal>0.065607263318</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gerdau SA</name>
        <lei>254900YDV6SEQQPZVG24</lei>
        <title>Gerdau SA</title>
        <cusip>000000000</cusip>
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          <isin value="BRGGBRACNPR8"/>
          <ticker value="GGBR4"/>
          <other otherDesc="SEDOL" value="2645517"/>
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        <balance>157011.00000000</balance>
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        <pctVal>0.198104229958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Mindtree Ltd</name>
        <lei>335800IGQJMVUTVR2N49</lei>
        <title>Mindtree Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE018I01017"/>
          <ticker value="MTCL"/>
          <other otherDesc="SEDOL" value="B1LHCW2"/>
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        <balance>4720.00000000</balance>
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        <valUSD>215984.37000000</valUSD>
        <pctVal>0.047725357176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Lite-On Technology Corp</name>
        <lei>2549005GU1PQ73SZBT32</lei>
        <title>Lite-On Technology Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002301009"/>
          <ticker value="2301"/>
          <other otherDesc="SEDOL" value="6519481"/>
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        <balance>418000.00000000</balance>
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        <pctVal>0.202370169204</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PINFRA</name>
        <lei>52990035X6RK8DBUWA73</lei>
        <title>Promotora y Operadora de Infraestructura SAB de CV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MX01PI000005"/>
          <ticker value="PINFRA*"/>
          <other otherDesc="SEDOL" value="2393388"/>
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        <balance>32045.00000000</balance>
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        <currencyConditional curCd="MXN" exchangeRt="20.40650000"/>
        <valUSD>234749.08000000</valUSD>
        <pctVal>0.051871733541</pctVal>
        <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>HDFC Bank Ltd</name>
        <lei>335800ZQ6I4E2JXENC50</lei>
        <title>HDFC Bank Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE040A01034"/>
          <ticker value="HDFCB"/>
          <other otherDesc="SEDOL" value="BK1N461"/>
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        <balance>351974.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Yifeng Pharmacy Chain Co Ltd</name>
        <lei>300300CZZIF44N1EZO06</lei>
        <title>Yifeng Pharmacy Chain Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001TS5"/>
          <ticker value="603939"/>
          <other otherDesc="SEDOL" value="BYYFJV2"/>
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        <balance>231927.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="6.58700000"/>
        <valUSD>1288587.33000000</valUSD>
        <pctVal>0.284734911961</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ICTSI</name>
        <lei>254900FU1MWK0I0Q4J61</lei>
        <title>International Container Terminal Services Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="PHY411571011"/>
          <ticker value="ICT"/>
          <other otherDesc="SEDOL" value="6455819"/>
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        <balance>1178420.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="52.20500000"/>
        <valUSD>4838583.63000000</valUSD>
        <pctVal>1.069165939964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Yanbu National Petrochemical C</name>
        <lei>N/A</lei>
        <title>Yanbu National Petrochemical Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA000A0HNF36"/>
          <ticker value="YANSAB"/>
          <other otherDesc="SEDOL" value="B128CF7"/>
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        <balance>22593.00000000</balance>
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        <currencyConditional curCd="SAR" exchangeRt="3.75080000"/>
        <valUSD>365171.38000000</valUSD>
        <pctVal>0.080690721004</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</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>Divi's Laboratories Ltd</name>
        <lei>335800C1DHFG1C9T1M03</lei>
        <title>Divi's Laboratories Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE361B01024"/>
          <ticker value="DIVI"/>
          <other otherDesc="SEDOL" value="6602518"/>
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        <balance>7448.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>435990.51000000</valUSD>
        <pctVal>0.096339391666</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Larsen &amp; Toubro Infotech Ltd</name>
        <lei>335800DY1I1WFHVV6T22</lei>
        <title>Larsen &amp; Toubro Infotech Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE214T01019"/>
          <ticker value="LTI"/>
          <other otherDesc="SEDOL" value="BD6F8V6"/>
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        <balance>3678.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>230234.76000000</valUSD>
        <pctVal>0.050874219071</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>China Resources Land Ltd</name>
        <lei>5299001HL0TU7X15HK51</lei>
        <title>China Resources Land Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG2108Y1052"/>
          <ticker value="1109"/>
          <other otherDesc="SEDOL" value="6193766"/>
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        <balance>58000.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>259040.40000000</valUSD>
        <pctVal>0.057239306775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Exxaro Resources Ltd</name>
        <lei>378900BC3D9BFF4E4A37</lei>
        <title>Exxaro Resources Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000084992"/>
          <ticker value="EXX"/>
          <other otherDesc="SEDOL" value="6418801"/>
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        <balance>32189.00000000</balance>
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        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>459986.79000000</valUSD>
        <pctVal>0.101641770879</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bid Corp Ltd</name>
        <lei>N/A</lei>
        <title>Bid Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000216537"/>
          <ticker value="BID"/>
          <other otherDesc="SEDOL" value="BZBFKT7"/>
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        <balance>27589.00000000</balance>
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        <currencyConditional curCd="ZAR" exchangeRt="15.79250000"/>
        <valUSD>577373.09000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Digital Telecommunications Inf</name>
        <lei>N/A</lei>
        <title>Digital Telecommunications Infrastructure Fund</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TH5097010018"/>
          <ticker value="DIF/F"/>
          <other otherDesc="SEDOL" value="BH6XVQ4"/>
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        <balance>1015800.00000000</balance>
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        <currencyConditional curCd="THB" exchangeRt="34.25000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ICE FUTURES U.S., INC.</name>
        <lei>5493004R83R1LVX2IL36</lei>
        <title>MSCI EMERGING MARKETS INDEX</title>
        <cusip>000000000</cusip>
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          <ticker value="MESM2"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00PH8VLD3"/>
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        <balance>41.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-123183.15000000</valUSD>
        <pctVal>-0.02721937625</pctVal>
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        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>ICE FUTURES U.S., INC.</counterpartyName>
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                  <ticker value="MXEF"/>
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      <invstOrSec>
        <name>Movida Participacoes SA</name>
        <lei>N/A</lei>
        <title>Movida Participacoes SA</title>
        <cusip>000000000</cusip>
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          <isin value="BRMOVIACNOR0"/>
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          <other otherDesc="SEDOL" value="BD448C6"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Grupo Televisa SAB</name>
        <lei>549300O4AF0C816ILN62</lei>
        <title>Grupo Televisa SAB</title>
        <cusip>000000000</cusip>
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          <isin value="MXP4987V1378"/>
          <ticker value="TLEVICPO"/>
          <other otherDesc="SEDOL" value="2380108"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vibra Energia SA</name>
        <lei>549300U7VLJ3SYVNY689</lei>
        <title>Vibra Energia SA</title>
        <cusip>000000000</cusip>
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          <isin value="BRVBBRACNOR1"/>
          <ticker value="VBBR3"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lotte Corp</name>
        <lei>988400HKP8IPW74L3K25</lei>
        <title>Lotte Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7004990008"/>
          <ticker value="004990"/>
          <other otherDesc="SEDOL" value="6535432"/>
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        <currencyConditional curCd="KRW" exchangeRt="1256.00000000"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Asustek Computer Inc</name>
        <lei>254900B3WB4OGRB7HM13</lei>
        <title>Asustek Computer Inc</title>
        <cusip>000000000</cusip>
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          <isin value="TW0002357001"/>
          <ticker value="2357"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UEM Sunrise Bhd</name>
        <lei>N/A</lei>
        <title>UEM Sunrise Bhd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MYL5148OO001"/>
          <ticker value="UEMS"/>
          <other otherDesc="SEDOL" value="B3FKMY3"/>
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        <balance>399787.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GS Holdings Corp</name>
        <lei>N/A</lei>
        <title>GS Holdings Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7078930005"/>
          <ticker value="078930"/>
          <other otherDesc="SEDOL" value="B01RJV3"/>
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        <balance>7992.00000000</balance>
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        <pctVal>0.061002856093</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GAZPROM PAO -SPON ADR</name>
        <lei>213800FD9J2IHTA7YX78</lei>
        <title>GAZPROM PJSC</title>
        <cusip>368287207</cusip>
        <identifiers>
          <isin value="US3682872078"/>
          <ticker value="OGZD"/>
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        <balance>478420.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Yangzijiang Shipbuilding Holdi</name>
        <lei>254900Z3JEM14YIGLM66</lei>
        <title>Yangzijiang Shipbuilding Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SG1U76934819"/>
          <ticker value="YZJSGD"/>
          <other otherDesc="SEDOL" value="B1VT035"/>
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        <balance>781000.00000000</balance>
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        <currencyConditional curCd="SGD" exchangeRt="1.38295000"/>
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        <pctVal>0.112591979832</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</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>Telefonica Brasil SA</name>
        <lei>529900MTGG2HSDBIWG79</lei>
        <title>Telefonica Brasil SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRVIVTACNOR0"/>
          <ticker value="VIVT3"/>
          <other otherDesc="SEDOL" value="B6XFBX3"/>
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        <balance>50201.00000000</balance>
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        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
        <valUSD>532984.86000000</valUSD>
        <pctVal>0.117771914759</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Dr Sulaiman Al Habib Medical S</name>
        <lei>N/A</lei>
        <title>Dr Sulaiman Al Habib Medical Services Group Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA1510P1UMH1"/>
          <ticker value="SULAIMAN"/>
          <other otherDesc="SEDOL" value="BLGM738"/>
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        <balance>8604.00000000</balance>
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        <currencyConditional curCd="SAR" exchangeRt="3.75080000"/>
        <valUSD>456676.59000000</valUSD>
        <pctVal>0.100910326852</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Vasta Platform Ltd</name>
        <lei>N/A</lei>
        <title>Vasta Platform Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG9440A1094"/>
          <ticker value="VSTA"/>
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        <balance>75804.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>402519.24000000</valUSD>
        <pctVal>0.088943355018</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>China Railway Group Ltd</name>
        <lei>529900TFRLG8UDJ7QA89</lei>
        <title>China Railway Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000007Z2"/>
          <ticker value="390"/>
          <other otherDesc="SEDOL" value="B297KM7"/>
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        <balance>1246000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>872652.38000000</valUSD>
        <pctVal>0.192827131547</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>XP Inc</name>
        <lei>5493008KDA8NBZRJST80</lei>
        <title>XP Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG982391099"/>
          <ticker value="XP"/>
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        <balance>6048.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>148841.28000000</valUSD>
        <pctVal>0.032888969005</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>
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      <invstOrSec>
        <name>PLDT Inc</name>
        <lei>254900ADE8GQHM5P2648</lei>
        <title>PLDT Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="PHY7072Q1032"/>
          <ticker value="TEL"/>
          <other otherDesc="SEDOL" value="BDGN274"/>
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        <balance>19835.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="52.20500000"/>
        <valUSD>705775.24000000</valUSD>
        <pctVal>0.155952837768</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Etihad Etisalat Co</name>
        <lei>2549007BA9ABDE3HVK79</lei>
        <title>Etihad Etisalat Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA000A0DM9P2"/>
          <ticker value="EEC"/>
          <other otherDesc="SEDOL" value="B12LR51"/>
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        <balance>39356.00000000</balance>
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        <currencyConditional curCd="SAR" exchangeRt="3.75080000"/>
        <valUSD>453809.05000000</valUSD>
        <pctVal>0.100276695952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Coway Co Ltd</name>
        <lei>N/A</lei>
        <title>Coway Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7021240007"/>
          <ticker value="021240"/>
          <other otherDesc="SEDOL" value="6173401"/>
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        <balance>5064.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1256.00000000"/>
        <valUSD>283635.39000000</valUSD>
        <pctVal>0.062673980971</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Ping An Bank Co Ltd</name>
        <lei>549300W9MKNIVWXFM679</lei>
        <title>Ping An Bank Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000040"/>
          <ticker value="000001"/>
          <other otherDesc="SEDOL" value="BD5CPS4"/>
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        <balance>880871.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.58700000"/>
        <valUSD>2036293.99000000</valUSD>
        <pctVal>0.449953197948</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fix Price Group Ltd</name>
        <lei>549300EXJV1RPGZNH608</lei>
        <title>Fix Price Group Ltd</title>
        <cusip>33835G205</cusip>
        <identifiers>
          <isin value="US33835G2057"/>
          <ticker value="FIXP"/>
          <other otherDesc="SEDOL" value="BN30342"/>
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        <balance>342800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Severstal PAO</name>
        <lei>213800OKDPTV6K4ONO53</lei>
        <title>Severstal PAO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU0009046510"/>
          <ticker value="CHMF"/>
          <other otherDesc="SEDOL" value="B5B9C59"/>
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        <balance>16184.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.35000000"/>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bank Central Asia Tbk PT</name>
        <lei>254900BR956G2OHVOM21</lei>
        <title>Bank Central Asia Tbk PT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ID1000109507"/>
          <ticker value="BBCA"/>
          <other otherDesc="SEDOL" value="B01C1P6"/>
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        <balance>4904500.00000000</balance>
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        <currencyConditional curCd="IDR" exchangeRt="14497.00000000"/>
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        <pctVal>0.607834091855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>China Development Financial Ho</name>
        <lei>N/A</lei>
        <title>China Development Financial Holding Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002883006"/>
          <ticker value="2883"/>
          <other otherDesc="SEDOL" value="6431756"/>
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        <balance>609000.00000000</balance>
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        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Banco Santander Mexico SA Inst</name>
        <lei>SCRYQ25DTVRHYYMM6P89</lei>
        <title>Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand</title>
        <cusip>05969B103</cusip>
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          <isin value="US05969B1035"/>
          <ticker value="BSMX"/>
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        <balance>181199.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>979163.16000000</valUSD>
        <pctVal>0.216362468935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ITC Ltd</name>
        <lei>335800WLOU3OFWFTMP43</lei>
        <title>ITC Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE154A01025"/>
          <ticker value="ITC"/>
          <other otherDesc="SEDOL" value="B0JGGP5"/>
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        <balance>88748.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
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        <pctVal>0.066095053975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sociedad Quimica y Minera de C</name>
        <lei>TJ88LXZZW5PWIN93ZC81</lei>
        <title>Sociedad Quimica y Minera de Chile SA</title>
        <cusip>833635105</cusip>
        <identifiers>
          <isin value="US8336351056"/>
          <ticker value="SQM"/>
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        <balance>31958.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2358500.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MOL Hungarian Oil &amp; Gas PLC</name>
        <lei>213800R83KX5FQFGXS67</lei>
        <title>MOL Hungarian Oil &amp; Gas PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HU0000153937"/>
          <ticker value="MOL"/>
          <other otherDesc="SEDOL" value="BD5ZXH8"/>
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        <balance>178608.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Doosan Fuel Cell Co Ltd</name>
        <lei>N/A</lei>
        <title>Doosan Fuel Cell Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7336260005"/>
          <ticker value="336260"/>
          <other otherDesc="SEDOL" value="BH4G7R8"/>
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        <balance>31800.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Formosa Plastics Corp</name>
        <lei>254900KM6G17UTG1QN82</lei>
        <title>Formosa Plastics Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0001301000"/>
          <ticker value="1301"/>
          <other otherDesc="SEDOL" value="6348544"/>
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        <balance>141000.00000000</balance>
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        <valUSD>501261.28000000</valUSD>
        <pctVal>0.110762059433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</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>Novatek Microelectronics Corp</name>
        <lei>N/A</lei>
        <title>Novatek Microelectronics Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0003034005"/>
          <ticker value="3034"/>
          <other otherDesc="SEDOL" value="6346333"/>
        </identifiers>
        <balance>64000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>846628.45000000</valUSD>
        <pctVal>0.187076709170</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>InPost SA</name>
        <lei>2221003M23QLERR89585</lei>
        <title>InPost SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="LU2290522684"/>
          <ticker value="INPST"/>
          <other otherDesc="SEDOL" value="BN4N9C0"/>
        </identifiers>
        <balance>149300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.94791000"/>
        <valUSD>915342.05000000</valUSD>
        <pctVal>0.202260127779</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Telefonica Brasil SA</name>
        <lei>529900MTGG2HSDBIWG79</lei>
        <title>Telefonica Brasil SA</title>
        <cusip>87936R205</cusip>
        <identifiers>
          <isin value="US87936R2058"/>
          <ticker value="VIV"/>
        </identifiers>
        <balance>80595.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>854307.00000000</valUSD>
        <pctVal>0.188773413155</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>China Steel Corp</name>
        <lei>529900D3N7UIJMVJ9120</lei>
        <title>China Steel Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002002003"/>
          <ticker value="2002"/>
          <other otherDesc="SEDOL" value="6190950"/>
        </identifiers>
        <balance>1850000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>2241033.22000000</valUSD>
        <pctVal>0.495193753456</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>ASE Technology Holding Co Ltd</name>
        <lei>300300GO8QHPMV87NZ73</lei>
        <title>ASE Technology Holding Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0003711008"/>
          <ticker value="3711"/>
          <other otherDesc="SEDOL" value="BFXZDY1"/>
        </identifiers>
        <balance>286000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.47550000"/>
        <valUSD>912443.89000000</valUSD>
        <pctVal>0.201619730879</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>Aldar Properties PJSC</name>
        <lei>N/A</lei>
        <title>Aldar Properties PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AEA002001013"/>
          <ticker value="ALDAR"/>
          <other otherDesc="SEDOL" value="B0LX3Y2"/>
        </identifiers>
        <balance>226159.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.67305000"/>
        <valUSD>346520.62000000</valUSD>
        <pctVal>0.076569523796</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TIM SA/Brazil</name>
        <lei>N/A</lei>
        <title>TIM SA/Brazil</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRTIMSACNOR5"/>
          <ticker value="TIMS3"/>
          <other otherDesc="SEDOL" value="BN71RB6"/>
        </identifiers>
        <balance>342804.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.94395000"/>
        <valUSD>938837.60000000</valUSD>
        <pctVal>0.207451862328</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>Cemex SAB de CV</name>
        <lei>549300RIG2CXWN6IV731</lei>
        <title>Cemex SAB de CV</title>
        <cusip>151290889</cusip>
        <identifiers>
          <isin value="US1512908898"/>
          <ticker value="CX"/>
        </identifiers>
        <balance>121327.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>533838.80000000</valUSD>
        <pctVal>0.117960607077</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>Industries Qatar QSC</name>
        <lei>N/A</lei>
        <title>Industries Qatar QSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="QA000A0KD6K3"/>
          <ticker value="IQCD"/>
          <other otherDesc="SEDOL" value="6673570"/>
        </identifiers>
        <balance>137282.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="QAR" exchangeRt="3.64175000"/>
        <valUSD>707987.56000000</valUSD>
        <pctVal>0.156441686855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sime Darby Plantation Bhd</name>
        <lei>N/A</lei>
        <title>Sime Darby Plantation Bhd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MYL5285OO001"/>
          <ticker value="SDPL"/>
          <other otherDesc="SEDOL" value="BF6RHY2"/>
        </identifiers>
        <balance>231900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.35350000"/>
        <valUSD>278226.31000000</valUSD>
        <pctVal>0.061478754321</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mouwasat Medical Services Co</name>
        <lei>N/A</lei>
        <title>Mouwasat Medical Services Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA12C051UH11"/>
          <ticker value="MOUWASAT"/>
          <other otherDesc="SEDOL" value="B403QG4"/>
        </identifiers>
        <balance>7866.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75080000"/>
        <valUSD>502514.22000000</valUSD>
        <pctVal>0.111038917471</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grupo Financiero Banorte SAB d</name>
        <lei>N/A</lei>
        <title>Grupo Financiero Banorte SAB de CV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MXP370711014"/>
          <ticker value="GFNORTEO"/>
          <other otherDesc="SEDOL" value="2421041"/>
        </identifiers>
        <balance>190822.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="20.40650000"/>
        <valUSD>1257714.89000000</valUSD>
        <pctVal>0.277913130246</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>KT&amp;G Corp</name>
        <lei>988400ZJV6ISYBLQX875</lei>
        <title>KT&amp;G Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7033780008"/>
          <ticker value="033780"/>
          <other otherDesc="SEDOL" value="6175076"/>
        </identifiers>
        <balance>11503.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1256.00000000"/>
        <valUSD>755388.76000000</valUSD>
        <pctVal>0.166915774404</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>Hero MotoCorp Ltd</name>
        <lei>335800Q49FBMZJTRLK49</lei>
        <title>Hero MotoCorp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE158A01026"/>
          <ticker value="HMCL"/>
          <other otherDesc="SEDOL" value="6327327"/>
        </identifiers>
        <balance>10973.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>356452.15000000</valUSD>
        <pctVal>0.078764061376</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Maruti Suzuki India Ltd</name>
        <lei>335800D27PBEESKKD357</lei>
        <title>Maruti Suzuki India Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE585B01010"/>
          <ticker value="MSIL"/>
          <other otherDesc="SEDOL" value="6633712"/>
        </identifiers>
        <balance>3515.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>352048.51000000</valUSD>
        <pctVal>0.077791003502</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sohu.com Ltd</name>
        <lei>N/A</lei>
        <title>Sohu.com Ltd</title>
        <cusip>83410S108</cusip>
        <identifiers>
          <isin value="US83410S1087"/>
          <ticker value="SOHU"/>
        </identifiers>
        <balance>37952.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>587496.96000000</valUSD>
        <pctVal>0.129817274536</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kingboard Holdings Ltd</name>
        <lei>529900G89MY26MMSDR76</lei>
        <title>Kingboard Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG525621408"/>
          <ticker value="148"/>
          <other otherDesc="SEDOL" value="6491318"/>
        </identifiers>
        <balance>158500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>713585.64000000</valUSD>
        <pctVal>0.157678676215</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NMDC Ltd</name>
        <lei>335800IXHXOHQ7B2HP66</lei>
        <title>NMDC Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE584A01023"/>
          <ticker value="NMDC"/>
          <other otherDesc="SEDOL" value="6148119"/>
        </identifiers>
        <balance>178346.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>369988.96000000</valUSD>
        <pctVal>0.081755245841</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tata Power Co Ltd/The</name>
        <lei>335800H5R3TGTJ7LQ663</lei>
        <title>Tata Power Co Ltd/The</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE245A01021"/>
          <ticker value="TPWR"/>
          <other otherDesc="SEDOL" value="B6Z1L73"/>
        </identifiers>
        <balance>135470.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>424455.97000000</valUSD>
        <pctVal>0.093790642229</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oracle Financial Services Soft</name>
        <lei>3358008SYNPKSPNMTJ57</lei>
        <title>Oracle Financial Services Software Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE881D01027"/>
          <ticker value="OFSS"/>
          <other otherDesc="SEDOL" value="6528443"/>
        </identifiers>
        <balance>6326.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="76.44250000"/>
        <valUSD>292857.52000000</valUSD>
        <pctVal>0.064711764762</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yangzijiang Financial Holding</name>
        <lei>984500E58A4F80AFB647</lei>
        <title>Yangzijiang Financial Holding Pte Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SGXE77102635"/>
          <ticker value="YZJFH"/>
          <other otherDesc="SEDOL" value="BNZKT97"/>
        </identifiers>
        <balance>812800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.38295000"/>
        <valUSD>320312.38000000</valUSD>
        <pctVal>0.070778375043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Shenhua Energy Co Ltd</name>
        <lei>529900N9JOX4C108MA40</lei>
        <title>China Shenhua Energy Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000002R0"/>
          <ticker value="1088"/>
          <other otherDesc="SEDOL" value="B09N7M0"/>
        </identifiers>
        <balance>215500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84700000"/>
        <valUSD>688491.63000000</valUSD>
        <pctVal>0.152133735207</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2022-06-23</ncom:dateSigned>
      <ncom:nameOfApplicant>Voya Mutual Funds</ncom:nameOfApplicant>
      <ncom:signature>Tin Bui</ncom:signature>
      <ncom:signerName>Tin Bui</ncom:signerName>
      <ncom:title>Vice President</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
