<?xml version="1.0" encoding="UTF-8"?><nport:edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:nport="http://www.sec.gov/edgar/nport" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd "><nport:headerData><nport:submissionType>NPORT-P</nport:submissionType><nport:isConfidential>false</nport:isConfidential><nport:filerInfo><nport:filer><nport:issuerCredentials><nport:cik>0000906185</nport:cik><nport:ccc>XXXXXXXX</nport:ccc></nport:issuerCredentials></nport:filer><nport:seriesClassInfo><nport:seriesId>S000010410</nport:seriesId><nport:classId>C000028745</nport:classId><nport:classId>C000028747</nport:classId></nport:seriesClassInfo></nport:filerInfo></nport:headerData><nport:formData><genInfo><regName>JANUS ASPEN SERIES</regName><regFileNumber>811-07736</regFileNumber><regCik>0000906185</regCik><regLei>5C1H794C69TI10A0XC04</regLei><regStreet1>151 DETROIT STREET</regStreet1><regCity>DENVER</regCity><regStateConditional regCountry="US" regState="US-CO"/><regZipOrPostalCode>80206</regZipOrPostalCode><regPhone>3033333863</regPhone><seriesName>Janus Henderson Overseas Portfolio</seriesName><seriesId>S000010410</seriesId><seriesLei>UWHDLVSO4XBMC40THX93</seriesLei><repPdEnd>2019-12-31</repPdEnd><repPdDate>2019-09-30</repPdDate><isFinalFiling>N</isFinalFiling></genInfo><fundInfo><totAssets>647809560</totAssets><totLiabs>974420</totLiabs><netAssets>646835140</netAssets><assetsAttrMiscSec>0</assetsAttrMiscSec><assetsInvested>0</assetsInvested><amtPayOneYrBanksBorr>0</amtPayOneYrBanksBorr><amtPayOneYrCtrldComp>0</amtPayOneYrCtrldComp><amtPayOneYrOthAffil>0</amtPayOneYrOthAffil><amtPayOneYrOther>0</amtPayOneYrOther><amtPayAftOneYrBanksBorr>0</amtPayAftOneYrBanksBorr><amtPayAftOneYrCtrldComp>0</amtPayAftOneYrCtrldComp><amtPayAftOneYrOthAffil>0</amtPayAftOneYrOthAffil><amtPayAftOneYrOther>0</amtPayAftOneYrOther><delayDeliv>0</delayDeliv><standByCommit>0</standByCommit><liquidPref>0</liquidPref><cshNotRptdInCorD>190037</cshNotRptdInCorD><isNonCashCollateral>N</isNonCashCollateral><returnInfo><monthlyTotReturns><monthlyTotReturn classId="C000028747" rtn1="0.0359" rtn2="-0.0288" rtn3="-0.0228"/><monthlyTotReturn classId="C000028745" rtn1="0.0357" rtn2="-0.029" rtn3="-0.0231"/></monthlyTotReturns><monthlyReturnCats><commodityContracts><mon1 netRealizedGain="0" netUnrealizedAppr="0"/><mon2 netRealizedGain="0" netUnrealizedAppr="0"/><mon3 netRealizedGain="0" netUnrealizedAppr="0"/><forwardCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></forwardCategory><futureCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></futureCategory><optionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></optionCategory><swaptionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swaptionCategory><swapCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swapCategory><warrantCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></warrantCategory><otherCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></otherCategory></commodityContracts><creditContracts><mon1 netRealizedGain="0" netUnrealizedAppr="0"/><mon2 netRealizedGain="0" netUnrealizedAppr="0"/><mon3 netRealizedGain="0" netUnrealizedAppr="0"/><forwardCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></forwardCategory><futureCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></futureCategory><optionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></optionCategory><swaptionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swaptionCategory><swapCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swapCategory><warrantCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></warrantCategory><otherCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></otherCategory></creditContracts><equityContracts><mon1 netRealizedGain="0" netUnrealizedAppr="0"/><mon2 netRealizedGain="0" netUnrealizedAppr="0"/><mon3 netRealizedGain="0" netUnrealizedAppr="0"/><forwardCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></forwardCategory><futureCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></futureCategory><optionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></optionCategory><swaptionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swaptionCategory><swapCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swapCategory><warrantCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></warrantCategory><otherCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></otherCategory></equityContracts><foreignExchgContracts><mon1 netRealizedGain="0" netUnrealizedAppr="0"/><mon2 netRealizedGain="0" netUnrealizedAppr="0"/><mon3 netRealizedGain="0" netUnrealizedAppr="0"/><forwardCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></forwardCategory><futureCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></futureCategory><optionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></optionCategory><swaptionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swaptionCategory><swapCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swapCategory><warrantCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></warrantCategory><otherCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></otherCategory></foreignExchgContracts><interestRtContracts><mon1 netRealizedGain="0" netUnrealizedAppr="0"/><mon2 netRealizedGain="0" netUnrealizedAppr="0"/><mon3 netRealizedGain="0" netUnrealizedAppr="0"/><forwardCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></forwardCategory><futureCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></futureCategory><optionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></optionCategory><swaptionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swaptionCategory><swapCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swapCategory><warrantCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></warrantCategory><otherCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></otherCategory></interestRtContracts><otherContracts><mon1 netRealizedGain="0" netUnrealizedAppr="0"/><mon2 netRealizedGain="0" netUnrealizedAppr="0"/><mon3 netRealizedGain="0" netUnrealizedAppr="0"/><forwardCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></forwardCategory><futureCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></futureCategory><optionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></optionCategory><swaptionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swaptionCategory><swapCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swapCategory><warrantCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></warrantCategory><otherCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></otherCategory></otherContracts></monthlyReturnCats><othMon1 netRealizedGain="736769" netUnrealizedAppr="20134432"/><othMon2 netRealizedGain="2369627" netUnrealizedAppr="-23047234"/><othMon3 netRealizedGain="2980888" netUnrealizedAppr="-18965605"/></returnInfo><mon1Flow redemption="-7112307.6" reinvestment="0" sales="3849139.62"/><mon2Flow redemption="-9300842.6" reinvestment="0" sales="3564959.28"/><mon3Flow redemption="-9782839.12" reinvestment="0" sales="1656099.82"/></fundInfo><invstOrSecs><invstOrSec><name>Antofagasta PLC</name><lei>213800MY6QVH4FVLD628</lei><title>Antofagasta PLC</title><cusip>G0398N128</cusip><identifiers><isin value="GB0000456144"/><ticker value="ANTO"/><other otherDesc="45614" value="Sedol"/></identifiers><balance>767232</balance><units>NS</units><currencyConditional curCd="GBP" exchangeRt="0.81347"/><valUSD>8479004</valUSD><pctVal>0.0131</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>Diageo PLC</name><lei>213800ZVIELEA55JMJ32</lei><title>Diageo PLC</title><cusip>G42089113</cusip><identifiers><isin value="GB0002374006"/><ticker value="DGE"/><other otherDesc="237400" value="Sedol"/></identifiers><balance>659434</balance><units>NS</units><currencyConditional curCd="GBP" exchangeRt="0.81347"/><valUSD>27018741</valUSD><pctVal>0.0418</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>AstraZeneca PLC</name><lei>PY6ZZQWO2IZFZC3IOL08</lei><title>AstraZeneca PLC</title><cusip>G0593M107</cusip><identifiers><isin value="GB0009895292"/><ticker value="AZN"/><other otherDesc="989529" value="Sedol"/></identifiers><balance>189016</balance><units>NS</units><currencyConditional curCd="GBP" exchangeRt="0.81347"/><valUSD>16871491</valUSD><pctVal>0.0261</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>Canadian Natural Resources Ltd</name><lei>549300T15RIMIKZC5Q38</lei><title>Canadian Natural Resources Ltd</title><cusip>136385101</cusip><identifiers><isin value="CA1363851017"/><ticker value="CNQ"/><other otherDesc="2125202" value="Sedol"/></identifiers><balance>805910</balance><units>NS</units><curCd>USD</curCd><valUSD>21461383</valUSD><pctVal>0.0332</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CA</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>CAE Inc</name><lei>549300FFM2BEH2GF1E44</lei><title>CAE Inc</title><cusip>124765108</cusip><identifiers><isin value="CA1247651088"/><ticker value="CAE"/><other otherDesc="2162760" value="Sedol"/></identifiers><balance>237389</balance><units>NS</units><currencyConditional curCd="CAD" exchangeRt="1.3247"/><valUSD>6031942</valUSD><pctVal>0.0093</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CA</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Teck Resources Ltd</name><lei>T8KI5SQ2JRWHL7XY0E11</lei><title>Teck Resources Ltd</title><cusip>878742204</cusip><identifiers><isin value="CA8787422044"/><ticker value="TECK/B"/><other otherDesc="2879327" value="Sedol"/></identifiers><balance>598287</balance><units>NS</units><currencyConditional curCd="CAD" exchangeRt="1.3247"/><valUSD>9701219</valUSD><pctVal>0.015</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CA</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Hindustan Zinc Ltd</name><lei>335800LB39TLJ8YTWM98</lei><title>Hindustan Zinc Ltd</title><cusip>Y3224T137</cusip><identifiers><isin value="INE267A01025"/><ticker value="HZ"/><other otherDesc="6139726" value="Sedol"/></identifiers><balance>3692019</balance><units>NS</units><currencyConditional curCd="INR" exchangeRt="70.8613"/><valUSD>11121183</valUSD><pctVal>0.0172</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>Rio Tinto Ltd</name><lei>529900X2VMAQT2PE0V24</lei><title>Rio Tinto Ltd</title><cusip>Q81437107</cusip><identifiers><isin value="AU000000RIO1"/><ticker value="RIO"/><other otherDesc="6220103" value="Sedol"/></identifiers><balance>307018</balance><units>NS</units><currencyConditional curCd="AUD" exchangeRt="1.48192"/><valUSD>19198984</valUSD><pctVal>0.0297</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>Daikin Industries Ltd</name><lei>549300Y7FWSTSHMW5Y57</lei><title>Daikin Industries Ltd</title><cusip>J10038115</cusip><identifiers><isin value="JP3481800005"/><ticker value="6367"/><other otherDesc="6250724" value="Sedol"/></identifiers><balance>141300</balance><units>NS</units><currencyConditional curCd="JPY" exchangeRt="108.11"/><valUSD>18533290</valUSD><pctVal>0.0287</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>JP</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Mitsubishi UFJ Financial Group</name><lei>353800V2V8PUY9TK3E06</lei><title>Mitsubishi UFJ Financial Group Inc</title><cusip>J44497105</cusip><identifiers><isin value="JP3902900004"/><ticker value="8306"/><other otherDesc="6335171" value="Sedol"/></identifiers><balance>3025700</balance><units>NS</units><currencyConditional curCd="JPY" exchangeRt="108.11"/><valUSD>15348200</valUSD><pctVal>0.0237</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>JP</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Samsung Electronics Co Ltd</name><lei>9884007ER46L6N7EI764</lei><title>Samsung Electronics Co Ltd</title><cusip>Y74718100</cusip><identifiers><isin value="KR7005930003"/><ticker value="5930"/><other otherDesc="6771720" value="Sedol"/></identifiers><balance>352615</balance><units>NS</units><currencyConditional curCd="KRW" exchangeRt="1196"/><valUSD>14461343</valUSD><pctVal>0.0224</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>KR</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Sony Corp</name><lei>529900R5WX9N2OI2N910</lei><title>Sony Corp</title><cusip>J76379106</cusip><identifiers><isin value="JP3435000009"/><ticker value="6758"/><other otherDesc="6821506" value="Sedol"/></identifiers><balance>395800</balance><units>NS</units><currencyConditional curCd="JPY" exchangeRt="108.11"/><valUSD>23236912</valUSD><pctVal>0.0359</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>JP</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Takeda Pharmaceutical Co Ltd</name><lei>549300ZLMVP4X0OGR454</lei><title>Takeda Pharmaceutical Co Ltd</title><cusip>J8129E108</cusip><identifiers><isin value="JP3463000004"/><ticker value="4502"/><other otherDesc="6870445" value="Sedol"/></identifiers><balance>652674</balance><units>NS</units><currencyConditional curCd="JPY" exchangeRt="108.11"/><valUSD>22277005</valUSD><pctVal>0.0344</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>JP</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>TSMC</name><lei>549300KB6NK5SBD14S87</lei><title>Taiwan Semiconductor Manufacturing Co Ltd</title><cusip>Y84629107</cusip><identifiers><isin value="TW0002330008"/><ticker value="2330"/><other otherDesc="6889106" value="Sedol"/></identifiers><balance>1717000</balance><units>NS</units><currencyConditional curCd="TWD" exchangeRt="31.023"/><valUSD>15037532</valUSD><pctVal>0.0232</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>Novartis AG</name><lei>5493007HIVTX6SY6XD66</lei><title>Novartis AG</title><cusip>H5820Q150</cusip><identifiers><isin value="CH0012005267"/><ticker value="NOVN"/><other otherDesc="7103065" value="Sedol"/></identifiers><balance>189063</balance><units>NS</units><currencyConditional curCd="CHF" exchangeRt="0.9978"/><valUSD>16397587</valUSD><pctVal>0.0254</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CH</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BNP Paribas SA</name><lei>R0MUWSFPU8MPRO8K5P83</lei><title>BNP Paribas SA</title><cusip>F1058Q238</cusip><identifiers><isin value="FR0000131104"/><ticker value="BNP"/><other otherDesc="7309681" value="Sedol"/></identifiers><balance>494538</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.9176"/><valUSD>24074774</valUSD><pctVal>0.0372</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>FR</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Heineken NV</name><lei>724500K5PTPSST86UQ23</lei><title>Heineken NV</title><cusip>N39427211</cusip><identifiers><isin value="NL0000009165"/><ticker value="HEIA"/><other otherDesc="7792559" value="Sedol"/></identifiers><balance>225291</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.9176"/><valUSD>24345963</valUSD><pctVal>0.0376</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>NL</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Janus Henderson Cash Liquidity Fund</name><lei>N/A</lei><title>Janus Henderson Cash Liquidity Fund</title><cusip>N/A</cusip><identifiers><other otherDesc="B1QH830" value="Sedol"/></identifiers><balance>17593886</balance><units>NS</units><curCd>USD</curCd><valUSD>17593886</valUSD><pctVal>0.0272</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>PF</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Intact Financial Corp</name><lei>5493009LXGE7Y4U9OY43</lei><title>Intact Financial Corp</title><cusip>45823T106</cusip><identifiers><isin value="CA45823T1066"/><ticker value="IFC"/><other otherDesc="B04YJV1" value="Sedol"/></identifiers><balance>72401</balance><units>NS</units><currencyConditional curCd="CAD" exchangeRt="1.3247"/><valUSD>7287650</valUSD><pctVal>0.0113</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CA</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Safran SA</name><lei>969500UIC89GT3UL7L24</lei><title>Safran SA</title><cusip>F4035A557</cusip><identifiers><isin value="FR0000073272"/><ticker value="SAF"/><other otherDesc="B058TZ6" value="Sedol"/></identifiers><balance>207533</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.9176"/><valUSD>32670163</valUSD><pctVal>0.0505</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>FR</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>China Construction Bank Corp</name><lei>5493001KQW6DM7KEDR62</lei><title>China Construction Bank Corp</title><cusip>Y1397N101</cusip><identifiers><isin value="CNE1000002H1"/><ticker value="939"/><other otherDesc="B0LMTQ3" value="Sedol"/></identifiers><balance>23160000</balance><units>NS</units><currencyConditional curCd="HKD" exchangeRt="7.8375"/><valUSD>17671043</valUSD><pctVal>0.0273</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>TOTAL SA</name><lei>529900S21EQ1BO4ESM68</lei><title>TOTAL SA</title><cusip>F92124100</cusip><identifiers><isin value="FR0000120271"/><ticker value="FP"/><other otherDesc="B15C557" value="Sedol"/></identifiers><balance>318284</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.9176"/><valUSD>16609666</valUSD><pctVal>0.0257</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>FR</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Hexagon AB</name><lei>549300WJFW6ILNI4TA80</lei><title>Hexagon AB</title><cusip>W40063104</cusip><identifiers><isin value="SE0000103699"/><ticker value="HEXAB"/><other otherDesc="B1XFTL2" value="Sedol"/></identifiers><balance>173145</balance><units>NS</units><currencyConditional curCd="SEK" exchangeRt="9.8412"/><valUSD>8350061</valUSD><pctVal>0.0129</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>SE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Sony Financial Holdings Inc</name><lei>353800O7BDSU41WOZA60</lei><title>Sony Financial Holdings Inc</title><cusip>J76337104</cusip><identifiers><isin value="JP3435350008"/><ticker value="8729"/><other otherDesc="B249SN5" value="Sedol"/></identifiers><balance>633800</balance><units>NS</units><currencyConditional curCd="JPY" exchangeRt="108.11"/><valUSD>13730086</valUSD><pctVal>0.0212</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>JP</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Samsonite International SA</name><lei>549300UULS5HYFJSEL12</lei><title>Samsonite International SA</title><cusip>L80308106</cusip><identifiers><isin value="LU0633102719"/><ticker value="1910"/><other otherDesc="B4Q1532" value="Sedol"/></identifiers><balance>3924600</balance><units>NS</units><currencyConditional curCd="HKD" exchangeRt="7.8375"/><valUSD>8312390</valUSD><pctVal>0.0129</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>KR</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>AIA Group Ltd</name><lei>ZP5ILWVSYE4LJGMMVD57</lei><title>AIA Group Ltd</title><cusip>Y002A1105</cusip><identifiers><isin value="HK0000069689"/><ticker value="1299"/><other otherDesc="B4TX8S1" value="Sedol"/></identifiers><balance>2850600</balance><units>NS</units><currencyConditional curCd="HKD" exchangeRt="7.8375"/><valUSD>26932942</valUSD><pctVal>0.0416</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>HK</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>GVC Holdings PLC</name><lei>213800GNI3K45LQR8L28</lei><title>GVC Holdings PLC</title><cusip>G427A6103</cusip><identifiers><isin value="IM00B5VQMV65"/><ticker value="GVC"/><other otherDesc="B5VQMV6" value="Sedol"/></identifiers><balance>1712839</balance><units>NS</units><currencyConditional curCd="GBP" exchangeRt="0.81347"/><valUSD>15652999</valUSD><pctVal>0.0242</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>IM</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>ASML Holding NV</name><lei>724500Y6DUVHQD6OXN27</lei><title>ASML Holding NV</title><cusip>N07059202</cusip><identifiers><isin value="NL0010273215"/><ticker value="ASML"/><other otherDesc="B929F46" value="Sedol"/></identifiers><balance>116518</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.9176"/><valUSD>28856490</valUSD><pctVal>0.0446</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>NL</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Cie Financiere Richemont SA</name><lei>549300YIPGJ6UX2QPS51</lei><title>Cie Financiere Richemont SA</title><cusip>H25662182</cusip><identifiers><isin value="CH0210483332"/><ticker value="CFR"/><other otherDesc="BCRWZ18" value="Sedol"/></identifiers><balance>123607</balance><units>NS</units><currencyConditional curCd="CHF" exchangeRt="0.9978"/><valUSD>9070460</valUSD><pctVal>0.014</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CH</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Container Corp Of India Ltd</name><lei>335800T2XH4HLGGQSJ32</lei><title>Container Corp Of India Ltd</title><cusip>Y1740A152</cusip><identifiers><isin value="INE111A01025"/><ticker value="CCRI"/><other otherDesc="BG0ZVG9" value="Sedol"/></identifiers><balance>1092062</balance><units>NS</units><currencyConditional curCd="INR" exchangeRt="70.8613"/><valUSD>9319960</valUSD><pctVal>0.0144</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>Nexi SpA</name><lei>5493000P70CQRQG8SN85</lei><title>Nexi SpA</title><cusip>T6S18J104</cusip><identifiers><isin value="IT0005366767"/><ticker value="NEXI"/><other otherDesc="BJ1F880" value="Sedol"/></identifiers><balance>520432</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.9176"/><valUSD>5306410</valUSD><pctVal>0.0082</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>IT</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Ferguson PLC</name><lei>213800DU1LGY3R2S2X42</lei><title>Ferguson PLC</title><cusip>G3421J106</cusip><identifiers><isin value="JE00BJVNSS43"/><ticker value="FERG"/><other otherDesc="BJVNSS4" value="Sedol"/></identifiers><balance>249826</balance><units>NS</units><currencyConditional curCd="GBP" exchangeRt="0.81347"/><valUSD>18254708</valUSD><pctVal>0.0282</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>JE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>HDFC Bank Ltd</name><lei>335800ZQ6I4E2JXENC50</lei><title>HDFC Bank Ltd</title><cusip>Y3119P174</cusip><identifiers><isin value="INE040A01034"/><ticker value="HDFCB"/><other otherDesc="BK1N461" value="Sedol"/></identifiers><balance>387626</balance><units>NS</units><currencyConditional curCd="INR" exchangeRt="70.8613"/><valUSD>6714406</valUSD><pctVal>0.0104</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>Tencent Holdings Ltd</name><lei>254900N4SLUMW4XUYY11</lei><title>Tencent Holdings Ltd</title><cusip>G87572163</cusip><identifiers><isin value="KYG875721634"/><ticker value="700"/><other otherDesc="BMMV2K8" value="Sedol"/></identifiers><balance>541300</balance><units>NS</units><currencyConditional curCd="HKD" exchangeRt="7.8375"/><valUSD>22805392</valUSD><pctVal>0.0353</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>KY</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>NN Group NV</name><lei>724500OHYNDT9OY6Q215</lei><title>NN Group NV</title><cusip>N64038107</cusip><identifiers><isin value="NL0010773842"/><ticker value="NN"/><other otherDesc="BNG8PQ9" value="Sedol"/></identifiers><balance>541436</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.9176"/><valUSD>19200444</valUSD><pctVal>0.0297</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>NL</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Industria de Diseno Textil SA</name><lei>549300TTCXZOGZM2EY83</lei><title>Industria de Diseno Textil SA</title><cusip>E6282J125</cusip><identifiers><isin value="ES0148396007"/><ticker value="ITX"/><other otherDesc="BP9DL90" value="Sedol"/></identifiers><balance>326499</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.9176"/><valUSD>10105244</valUSD><pctVal>0.0156</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>ES</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Permanent TSB Group Holdings P</name><lei>635400DTNHVYGZODKQ93</lei><title>Permanent TSB Group Holdings PLC</title><cusip>G7015D110</cusip><identifiers><isin value="IE00BWB8X525"/><ticker value="IL0A"/><other otherDesc="BWB8X52" value="Sedol"/></identifiers><balance>3507426</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.9176"/><valUSD>4625093</valUSD><pctVal>0.0072</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>IE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Beazley PLC</name><lei>213800VTOMUWD41GIT12</lei><title>Beazley PLC</title><cusip>G0936K107</cusip><identifiers><isin value="GB00BYQ0JC66"/><ticker value="BEZ"/><other otherDesc="BYQ0JC6" value="Sedol"/></identifiers><balance>689726</balance><units>NS</units><currencyConditional curCd="GBP" exchangeRt="0.81347"/><valUSD>5273822</valUSD><pctVal>0.0082</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>ING Groep NV</name><lei>549300NYKK9MWM7GGW15</lei><title>ING Groep NV</title><cusip>N4578E595</cusip><identifiers><isin value="NL0011821202"/><ticker value="INGA"/><other otherDesc="BZ57390" value="Sedol"/></identifiers><balance>603211</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.9176"/><valUSD>6313468</valUSD><pctVal>0.0098</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>NL</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>MakeMyTrip Ltd</name><lei>529900DNT8HNJ7RYUO60</lei><title>MakeMyTrip Ltd</title><cusip>V5633W109</cusip><identifiers><isin value="MU0295S00016"/><ticker value="MMYT"/><other otherDesc="B552PC2" value="Sedol"/></identifiers><balance>356501</balance><units>NS</units><curCd>USD</curCd><valUSD>8089008</valUSD><pctVal>0.0125</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>MU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</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 (ADR)</title><cusip>01609W102</cusip><identifiers><isin value="US01609W1027"/><ticker value="BABA"/><other otherDesc="BP41ZD1" value="Sedol"/></identifiers><balance>185632</balance><units>NS</units><curCd>USD</curCd><valUSD>31043239</valUSD><pctVal>0.048</pctVal><payoffProfile>Long</payoffProfile><assetConditional assetCat="OTHER" desc="GDR"/><issuerCat>CORP</issuerCat><invCountry>KY</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BeiGene Ltd</name><lei>549300JFUK6FRD5MH739</lei><title>BeiGene Ltd (ADR)</title><cusip>07725L102</cusip><identifiers><isin value="US07725L1026"/><ticker value="BGNE"/><other otherDesc="BYYWPW6" value="Sedol"/></identifiers><balance>16103</balance><units>NS</units><curCd>USD</curCd><valUSD>1971973</valUSD><pctVal>0.003</pctVal><payoffProfile>Long</payoffProfile><assetConditional assetCat="OTHER" desc="GDR"/><issuerCat>CORP</issuerCat><invCountry>KY</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec></invstOrSecs><signature><ncom:dateSigned>2019-11-14</ncom:dateSigned><ncom:nameOfApplicant>JESPER NERGAARD</ncom:nameOfApplicant><ncom:signature>JESPER NERGAARD</ncom:signature><ncom:signerName>JESPER NERGAARD</ncom:signerName><ncom:title>VP, CFO, TREASURER, AND PRINCIPAL ACCOUNTING OFFICER</ncom:title></signature></nport:formData><nport:documents>XXXX</nport:documents></nport:edgarSubmission>
