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        <name>TOKYO PRICE INDEX FUTURE JUN21</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <futrDeriv derivCat="FUT">
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              <counterpartyName>XOSE</counterpartyName>
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        <name>Vanguard European Stock Index Fund</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>iShares Russell 2000 ETF</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Vanguard FTSE Emerging Markets Shares ETF AUD</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Ishares Msci Canada Index</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND</name>
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        <name>Vanguard 500 Index Fund</name>
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        <name>RUSSELL 2000 MINI INDEX FUTURE JUN21</name>
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      <invstOrSec>
        <name>SWISS MARKET INDEX FUTURE JUN21</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan BetaBuilders Canada ETF</name>
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          <isin value="US46641Q6961"/>
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        <name>JPMorgan BetaBuilders Japan ETF</name>
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      <invstOrSec>
        <name>EURO STOXX 50 FUTURE JUN21</name>
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        <identifiers>
          <isin value="N/A"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2021-04-30</ncom:dateSigned>
      <ncom:nameOfApplicant>USAA Mutual Funds Trust</ncom:nameOfApplicant>
      <ncom:signature>James K. De Vries</ncom:signature>
      <ncom:signerName>James K. De Vries</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
