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          <ccc>XXXXXXXX</ccc>
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        <classId>C000062038</classId>
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      <regLei>3EICVM5HD7FVBIM8WO57</regLei>
      <regStreet1>1301 S. Harrison Street</regStreet1>
      <regCity>FORT WAYNE</regCity>
      <regStateConditional regCountry="US" regState="US-IN"/>
      <regZipOrPostalCode>46802</regZipOrPostalCode>
      <regPhone>260-455-2000</regPhone>
      <seriesName>LVIP Franklin Templeton Multi-Factor Emerging Markets Equity Fund</seriesName>
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      <repPdEnd>2025-12-31</repPdEnd>
      <repPdDate>2025-12-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
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        <valUSD>1660426.80000000</valUSD>
        <pctVal>0.295948016501</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>Asustek Computer Inc</name>
        <lei>254900B3WB4OGRB7HM13</lei>
        <title>Asustek Computer Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002357001"/>
        </identifiers>
        <balance>64000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.42050000"/>
        <valUSD>1112493.60000000</valUSD>
        <pctVal>0.198286533493</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>Realtek Semiconductor Corp</name>
        <lei>5299002E7F36O00MYY75</lei>
        <title>Realtek Semiconductor Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002379005"/>
        </identifiers>
        <balance>113000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.42050000"/>
        <valUSD>1754513.73000000</valUSD>
        <pctVal>0.312717705061</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>Reliance Industries Ltd</name>
        <lei>5493003UOETFYRONLG31</lei>
        <title>Reliance Industries Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE002A01018"/>
        </identifiers>
        <balance>357075.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>6248317.97000000</valUSD>
        <pctVal>1.113675899289</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>Huaneng Power International Inc</name>
        <lei>529900WU0SMVKMPG4V21</lei>
        <title>Huaneng Power International Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000006Z4"/>
        </identifiers>
        <balance>1192000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>878453.93000000</valUSD>
        <pctVal>0.156572212741</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>Bharat Petroleum Corp Ltd</name>
        <lei>8GRDBX1TJ0PU5NCSHT72</lei>
        <title>Bharat Petroleum Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE029A01011"/>
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        <balance>193102.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>826036.99000000</valUSD>
        <pctVal>0.147229621171</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>Clicks Group Ltd</name>
        <lei>378900E967958A677472</lei>
        <title>Clicks Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000134854"/>
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        <balance>58646.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.56000000"/>
        <valUSD>1194997.16000000</valUSD>
        <pctVal>0.212991647224</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>Bajaj Holdings &amp; Investment Ltd</name>
        <lei>335800NL7NWD9IPOHL48</lei>
        <title>Bajaj Holdings &amp; Investment Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE118A01012"/>
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        <balance>5749.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>724730.56000000</valUSD>
        <pctVal>0.129173157004</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>GAIL India Ltd</name>
        <lei>335800N82LJD42ZA5L32</lei>
        <title>GAIL India Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE129A01019"/>
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        <balance>635737.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>1219305.38000000</valUSD>
        <pctVal>0.217324249838</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>Vedanta Ltd</name>
        <lei>335800XDKX9KB5EMCO07</lei>
        <title>Vedanta Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE205A01025"/>
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        <balance>343869.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>2313671.81000000</valUSD>
        <pctVal>0.412379867035</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>Hengan International Group Co Ltd</name>
        <lei>836800BJ50PZSWGXZA86</lei>
        <title>Hengan International Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG4402L1510"/>
        </identifiers>
        <balance>175500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>630603.14000000</valUSD>
        <pctVal>0.112396251664</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Colgate-Palmolive India Ltd</name>
        <lei>335800YWKI47DGFKWB26</lei>
        <title>Colgate-Palmolive India Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE259A01022"/>
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        <balance>38335.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>885950.44000000</valUSD>
        <pctVal>0.157908361535</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>Lupin Ltd</name>
        <lei>335800HHXTESDEE2FC65</lei>
        <title>Lupin Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE326A01037"/>
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        <balance>63085.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>1481816.77000000</valUSD>
        <pctVal>0.264113259253</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>NMDC Ltd</name>
        <lei>335800IXHXOHQ7B2HP66</lei>
        <title>NMDC Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE584A01023"/>
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        <balance>867386.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>802946.38000000</valUSD>
        <pctVal>0.143114040629</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>Qatar National Bank QPSC</name>
        <lei>549300FFSRVBS0SQXY75</lei>
        <title>Qatar National Bank QPSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="QA0006929895"/>
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        <balance>676577.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="QAR" exchangeRt="3.64100000"/>
        <valUSD>3467433.90000000</valUSD>
        <pctVal>0.618021935719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DB Insurance Co Ltd</name>
        <lei>9884000ZF26VNJBWSJ91</lei>
        <title>DB Insurance Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7005830005"/>
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        <balance>13021.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>1182359.57000000</valUSD>
        <pctVal>0.210739172322</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>CSPC Pharmaceutical Group Ltd</name>
        <lei>529900M3XQCW234H8O91</lei>
        <title>CSPC Pharmaceutical Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HK1093012172"/>
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        <balance>1282000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>1391024.11000000</valUSD>
        <pctVal>0.247930728569</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>
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      </invstOrSec>
      <invstOrSec>
        <name>China Overseas Land &amp; Investment Ltd</name>
        <lei>529900I6W35GYKRIZ151</lei>
        <title>China Overseas Land &amp; Investment Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HK0688002218"/>
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        <balance>181500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>286634.74000000</valUSD>
        <pctVal>0.051088661519</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>
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      </invstOrSec>
      <invstOrSec>
        <name>China Resources Land Ltd</name>
        <lei>5299001HL0TU7X15HK51</lei>
        <title>China Resources Land Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG2108Y1052"/>
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        <balance>857000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>2998043.16000000</valUSD>
        <pctVal>0.534359555379</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Infosys Ltd</name>
        <lei>335800TYLGG93MM7PR89</lei>
        <title>Infosys Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE009A01021"/>
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        <balance>304983.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>5492403.06000000</valUSD>
        <pctVal>0.978944564997</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>Wipro Ltd</name>
        <lei>335800IFS1IJHESG8362</lei>
        <title>Wipro Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE075A01022"/>
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        <balance>115995.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>340071.89000000</valUSD>
        <pctVal>0.060613091353</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>Lenovo Group Ltd</name>
        <lei>254900VUZRGD5U73RE46</lei>
        <title>Lenovo Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HK0992009065"/>
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        <balance>1910000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>2271362.22000000</valUSD>
        <pctVal>0.404838770228</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>Compal Electronics Inc</name>
        <lei>529900ZPKWFDL21LW166</lei>
        <title>Compal Electronics Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002324001"/>
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        <balance>1105000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.42050000"/>
        <valUSD>1067384.32000000</valUSD>
        <pctVal>0.190246430826</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>PetroChina Co Ltd</name>
        <lei>529900RPY4YG47TRSV05</lei>
        <title>PetroChina Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000003W8"/>
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        <balance>5570000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>6003892.74000000</valUSD>
        <pctVal>1.070110496706</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>United Tractors Tbk PT</name>
        <lei>529900N9ELYOWQV4FW14</lei>
        <title>United Tractors Tbk PT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ID1000058407"/>
        </identifiers>
        <balance>425200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="16675.00000000"/>
        <valUSD>751762.26000000</valUSD>
        <pctVal>0.133991182103</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Commercial International Bank - Egypt (CIB)</name>
        <lei>213800FIIXJAMEVRIH48</lei>
        <title>Commercial International Bank - Egypt (CIB)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="EGS60121C018"/>
        </identifiers>
        <balance>709172.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EGP" exchangeRt="47.70000000"/>
        <valUSD>1531335.77000000</valUSD>
        <pctVal>0.272939333266</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Delta Electronics Inc</name>
        <lei>529900UVZWNWGDLJSM52</lei>
        <title>Delta Electronics Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002308004"/>
        </identifiers>
        <balance>64000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.42050000"/>
        <valUSD>1952251.78000000</valUSD>
        <pctVal>0.347961766217</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>Hindustan Unilever Ltd</name>
        <lei>5493007IW5N37IKRPM32</lei>
        <title>Hindustan Unilever Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE030A01027"/>
        </identifiers>
        <balance>52608.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>1355720.16000000</valUSD>
        <pctVal>0.241638289796</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>Gold Fields Ltd</name>
        <lei>5299003KXIBJQYCBBD72</lei>
        <title>Gold Fields Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000018123"/>
        </identifiers>
        <balance>72281.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.56000000"/>
        <valUSD>3151623.24000000</valUSD>
        <pctVal>0.561733071665</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>Dubai Islamic Bank PJSC</name>
        <lei>5493003E7YRAQY3JGW88</lei>
        <title>Dubai Islamic Bank PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AED000201015"/>
        </identifiers>
        <balance>810914.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.67275000"/>
        <valUSD>2046228.52000000</valUSD>
        <pctVal>0.364711814940</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>Indofood Sukses Makmur Tbk PT</name>
        <lei>529900E61EV2GTYWZ485</lei>
        <title>Indofood Sukses Makmur Tbk PT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ID1000057003"/>
        </identifiers>
        <balance>1251200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="16675.00000000"/>
        <valUSD>507395.28000000</valUSD>
        <pctVal>0.090436161773</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LG Uplus Corp</name>
        <lei>N/A</lei>
        <title>LG Uplus Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7032640005"/>
        </identifiers>
        <balance>61063.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>623961.24000000</valUSD>
        <pctVal>0.111212425234</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>HCL Technologies Ltd</name>
        <lei>549300C1F8OLYSOQYB65</lei>
        <title>HCL Technologies Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE860A01027"/>
        </identifiers>
        <balance>192032.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>3470668.15000000</valUSD>
        <pctVal>0.618598395863</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>Elite Material Co Ltd</name>
        <lei>N/A</lei>
        <title>Elite Material Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002383007"/>
        </identifiers>
        <balance>5000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.42050000"/>
        <valUSD>261959.46000000</valUSD>
        <pctVal>0.046690635558</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>Evergreen Marine Corp Taiwan Ltd</name>
        <lei>254900EIJA0A39C5SO15</lei>
        <title>Evergreen Marine Corp Taiwan Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002603008"/>
        </identifiers>
        <balance>174000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.42050000"/>
        <valUSD>1049646.71000000</valUSD>
        <pctVal>0.187084948190</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>Hero MotoCorp Ltd</name>
        <lei>335800Q49FBMZJTRLK49</lei>
        <title>Hero MotoCorp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE158A01026"/>
        </identifiers>
        <balance>26534.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>1705000.23000000</valUSD>
        <pctVal>0.303892611347</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>Kingdee International Software Group Co Ltd</name>
        <lei>529900SWRZN94C5SZO63</lei>
        <title>Kingdee International Software Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG525681477"/>
        </identifiers>
        <balance>775000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>1328640.79000000</valUSD>
        <pctVal>0.236811768181</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Feng TAY Enterprise Co Ltd</name>
        <lei>N/A</lei>
        <title>Feng TAY Enterprise Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0009910000"/>
        </identifiers>
        <balance>138000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.42050000"/>
        <valUSD>511071.61000000</valUSD>
        <pctVal>0.091091416538</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>Posco International Corp</name>
        <lei>988400B6ECL5BWA8KC19</lei>
        <title>Posco International Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7047050000"/>
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        <balance>8270.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>285109.28000000</valUSD>
        <pctVal>0.050816769460</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>Novatek Microelectronics Corp</name>
        <lei>N/A</lei>
        <title>Novatek Microelectronics Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0003034005"/>
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        <balance>154000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.42050000"/>
        <valUSD>1830993.90000000</valUSD>
        <pctVal>0.326349233180</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>Fortune Electric Co Ltd</name>
        <lei>N/A</lei>
        <title>Fortune Electric Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0001519007"/>
        </identifiers>
        <balance>44000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.42050000"/>
        <valUSD>1067391.75000000</valUSD>
        <pctVal>0.190247755121</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>MediaTek Inc</name>
        <lei>254900UEGBK1I4DM4E14</lei>
        <title>MediaTek Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002454006"/>
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        <balance>120000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.42050000"/>
        <valUSD>5448622.91000000</valUSD>
        <pctVal>0.971141361293</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>SRF Ltd</name>
        <lei>335800436F28GT8ZW506</lei>
        <title>SRF Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE647A01010"/>
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        <balance>36849.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>1262584.10000000</valUSD>
        <pctVal>0.225038080607</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>Shinhan Financial Group Co Ltd</name>
        <lei>988400EB8A6G49E5KO54</lei>
        <title>Shinhan Financial Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7055550008"/>
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        <balance>100396.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>5346060.24000000</valUSD>
        <pctVal>0.952860989793</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>
        <name>Harmony Gold Mining Co Ltd</name>
        <lei>378900986D05F0C29811</lei>
        <title>Harmony Gold Mining Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000015228"/>
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        <balance>149986.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.56000000"/>
        <valUSD>3009034.41000000</valUSD>
        <pctVal>0.536318593041</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>Advanced Info Service PCL</name>
        <lei>529900DU2YW1NO5RMU78</lei>
        <title>Advanced Info Service PCL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TH0268010Z11"/>
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        <balance>285800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="31.50500000"/>
        <valUSD>2838026.16000000</valUSD>
        <pctVal>0.505838747502</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Aluminum Corp of China Ltd</name>
        <lei>529900TKZUWQLIQN6T48</lei>
        <title>Aluminum Corp of China Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000001T8"/>
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        <balance>1036000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>1621807.17000000</valUSD>
        <pctVal>0.289064603817</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>Cathay Financial Holding Co Ltd</name>
        <lei>5299009XR1QLFAMQ3X77</lei>
        <title>Cathay Financial Holding Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002882008"/>
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        <balance>598000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.42050000"/>
        <valUSD>1442486.29000000</valUSD>
        <pctVal>0.257103147429</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>Hon Hai Precision Industry Co Ltd</name>
        <lei>30030004CM3GSZXX7O56</lei>
        <title>Hon Hai Precision Industry Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002317005"/>
        </identifiers>
        <balance>943000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.42050000"/>
        <valUSD>6912490.69000000</valUSD>
        <pctVal>1.232055462362</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>Capitec Bank Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Capitec Bank Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000035861"/>
        </identifiers>
        <balance>6795.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.56000000"/>
        <valUSD>1705686.74000000</valUSD>
        <pctVal>0.304014972220</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>Bharti Airtel Ltd</name>
        <lei>335800KQ1FPKOQ84OR26</lei>
        <title>Bharti Airtel Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE397D01024"/>
        </identifiers>
        <balance>33403.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>784017.92000000</valUSD>
        <pctVal>0.139740305520</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>HD Korea Shipbuilding &amp; Offshore Engineering Co Ltd</name>
        <lei>988400DPTJ9KH5R6W540</lei>
        <title>HD Korea Shipbuilding &amp; Offshore Engineering Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7009540006"/>
        </identifiers>
        <balance>8923.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>2517817.17000000</valUSD>
        <pctVal>0.448765942211</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"/>
        </identifiers>
        <balance>13991.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>3630401.14000000</valUSD>
        <pctVal>0.647068582902</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>SK hynix Inc</name>
        <lei>988400XAIK6XISWQV045</lei>
        <title>SK hynix Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7000660001"/>
        </identifiers>
        <balance>36044.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>16323528.05000000</valUSD>
        <pctVal>2.909442167946</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>Largan Precision Co Ltd</name>
        <lei>N/A</lei>
        <title>Largan Precision Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0003008009"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.42050000"/>
        <valUSD>1582686.24000000</valUSD>
        <pctVal>0.282091841370</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>International Container Terminal Services Inc</name>
        <lei>254900FU1MWK0I0Q4J61</lei>
        <title>International Container Terminal Services Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="PHY411571011"/>
        </identifiers>
        <balance>253680.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="58.83250000"/>
        <valUSD>2434379.84000000</valUSD>
        <pctVal>0.433894396946</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>Industrial Bank of Korea</name>
        <lei>988400RBIWE3YA18PK12</lei>
        <title>Industrial Bank of Korea</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7024110009"/>
        </identifiers>
        <balance>78965.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>1147796.44000000</valUSD>
        <pctVal>0.204578774424</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>Kia Corp</name>
        <lei>988400V8MJK9N7OI5X76</lei>
        <title>Kia Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7000270009"/>
        </identifiers>
        <balance>40282.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>3414845.86000000</valUSD>
        <pctVal>0.608648847950</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>Krung Thai Bank PCL</name>
        <lei>54930007ZQMYCRFQGE36</lei>
        <title>Krung Thai Bank PCL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TH0150010Z11"/>
        </identifiers>
        <balance>832100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="31.50500000"/>
        <valUSD>745582.31000000</valUSD>
        <pctVal>0.132889691845</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>Korea Electric Power Corp</name>
        <lei>988400QG33WS7JEIV602</lei>
        <title>Korea Electric Power Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7015760002"/>
        </identifiers>
        <balance>60805.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>1995599.04000000</valUSD>
        <pctVal>0.355687813290</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>Oracle Financial Services Software Ltd</name>
        <lei>3358008SYNPKSPNMTJ57</lei>
        <title>Oracle Financial Services Software Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE881D01027"/>
        </identifiers>
        <balance>4985.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>427102.46000000</valUSD>
        <pctVal>0.076125081744</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>Geely Automobile Holdings Ltd</name>
        <lei>549300YS3T1KVQ2SNI84</lei>
        <title>Geely Automobile Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG3777B1032"/>
        </identifiers>
        <balance>1589000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>3675159.75000000</valUSD>
        <pctVal>0.655046183511</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BYD Co Ltd</name>
        <lei>5299005557VL7ULJ7A69</lei>
        <title>BYD Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000296"/>
        </identifiers>
        <balance>22200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>271300.79000000</valUSD>
        <pctVal>0.048355597895</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>MTN Group Ltd</name>
        <lei>2549009JD6Q6XHZS5E05</lei>
        <title>MTN Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000042164"/>
        </identifiers>
        <balance>131094.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.56000000"/>
        <valUSD>1342100.73000000</valUSD>
        <pctVal>0.239210815550</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>Divi's Laboratories Ltd</name>
        <lei>335800C1DHFG1C9T1M03</lei>
        <title>Divi's Laboratories Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE361B01024"/>
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        <balance>14024.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>996778.79000000</valUSD>
        <pctVal>0.177661975698</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>FirstRand Ltd</name>
        <lei>529900XYOP8CUZU7R671</lei>
        <title>FirstRand Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000066304"/>
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        <balance>118179.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.56000000"/>
        <valUSD>647619.76000000</valUSD>
        <pctVal>0.115429227846</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>First Abu Dhabi Bank PJSC</name>
        <lei>2138002Y3WMK6RZS8H90</lei>
        <title>First Abu Dhabi Bank PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AEN000101016"/>
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        <balance>287464.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.67275000"/>
        <valUSD>1365018.63000000</valUSD>
        <pctVal>0.243295612933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nestle Malaysia Bhd</name>
        <lei>N/A</lei>
        <title>Nestle Malaysia Bhd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MYL4707OO005"/>
        </identifiers>
        <balance>10200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.05800000"/>
        <valUSD>286545.10000000</valUSD>
        <pctVal>0.051072684434</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>Korea Investment Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Korea Investment Holdings Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7071050009"/>
        </identifiers>
        <balance>11598.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>1305879.06000000</valUSD>
        <pctVal>0.232754805931</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>Petronas Dagangan Bhd</name>
        <lei>N/A</lei>
        <title>Petronas Dagangan Bhd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MYL5681OO001"/>
        </identifiers>
        <balance>83300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.05800000"/>
        <valUSD>409496.52000000</valUSD>
        <pctVal>0.072987067456</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>Petronas Gas Bhd</name>
        <lei>N/A</lei>
        <title>Petronas Gas Bhd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MYL6033OO004"/>
        </identifiers>
        <balance>184500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.05800000"/>
        <valUSD>824748.64000000</valUSD>
        <pctVal>0.146999990677</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>China Resources Power Holdings Co Ltd</name>
        <lei>529900K60FC0AI053735</lei>
        <title>China Resources Power Holdings Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HK0836012952"/>
        </identifiers>
        <balance>232000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>516439.95000000</valUSD>
        <pctVal>0.092048248585</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>Qatar Islamic Bank QPSC</name>
        <lei>254900CFGPXJI71OHT95</lei>
        <title>Qatar Islamic Bank QPSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="QA0006929853"/>
        </identifiers>
        <balance>39618.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="QAR" exchangeRt="3.64100000"/>
        <valUSD>260725.05000000</valUSD>
        <pctVal>0.046470619120</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>Great Wall Motor Co Ltd</name>
        <lei>254900CR8AHWTMFZHH60</lei>
        <title>Great Wall Motor Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000338"/>
        </identifiers>
        <balance>649500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>1276851.22000000</valUSD>
        <pctVal>0.227580996600</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>Zijin Mining Group Co Ltd</name>
        <lei>836800JRNL2393Z2I561</lei>
        <title>Zijin Mining Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000502"/>
        </identifiers>
        <balance>600000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>2747060.30000000</valUSD>
        <pctVal>0.489625346324</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>MMG Ltd</name>
        <lei>529900XB5IQXFMSWEC48</lei>
        <title>MMG Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HK1208013172"/>
        </identifiers>
        <balance>464000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>524258.77000000</valUSD>
        <pctVal>0.093441844660</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>International Games System Co Ltd</name>
        <lei>N/A</lei>
        <title>International Games System Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0003293007"/>
        </identifiers>
        <balance>63000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.42050000"/>
        <valUSD>1445449.04000000</valUSD>
        <pctVal>0.257631216469</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>Samsung Electronics Co Ltd</name>
        <lei>9884007ER46L6N7EI764</lei>
        <title>Samsung Electronics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7005930003"/>
        </identifiers>
        <balance>262995.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>22042897.00000000</valUSD>
        <pctVal>3.928840250653</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>Shoprite Holdings Ltd</name>
        <lei>529900Q4O1EYP6NH5150</lei>
        <title>Shoprite Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000012084"/>
        </identifiers>
        <balance>22820.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.56000000"/>
        <valUSD>372322.95000000</valUSD>
        <pctVal>0.066361394883</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>Kasikornbank PCL</name>
        <lei>5493004COSQ54937AW41</lei>
        <title>Kasikornbank PCL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TH0016010017"/>
        </identifiers>
        <balance>81200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="31.50500000"/>
        <valUSD>500819.97000000</valUSD>
        <pctVal>0.089264204086</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>Taiwan Semiconductor Manufacturing Co Ltd</name>
        <lei>549300KB6NK5SBD14S87</lei>
        <title>Taiwan Semiconductor Manufacturing Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002330008"/>
        </identifiers>
        <balance>1404322.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.42050000"/>
        <valUSD>69032615.52000000</valUSD>
        <pctVal>12.30410496691</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>Tingyi Cayman Islands Holding Corp</name>
        <lei>5299009MPI9B60VN4P25</lei>
        <title>Tingyi Cayman Islands Holding Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG8878S1030"/>
        </identifiers>
        <balance>552000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>836912.91000000</valUSD>
        <pctVal>0.149168102863</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tsingtao Brewery Co Ltd</name>
        <lei>300300OJ7D0Q1ESE8L15</lei>
        <title>Tsingtao Brewery Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000004K1"/>
        </identifiers>
        <balance>86000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>539108.92000000</valUSD>
        <pctVal>0.096088677653</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>Guangdong Investment Ltd</name>
        <lei>N/A</lei>
        <title>Guangdong Investment Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HK0270001396"/>
        </identifiers>
        <balance>838000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>731070.29000000</valUSD>
        <pctVal>0.130303125828</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"/>
        </identifiers>
        <balance>614000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.42050000"/>
        <valUSD>958813.65000000</valUSD>
        <pctVal>0.170895216767</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>Yang Ming Marine Transport Corp</name>
        <lei>254900WG2ACWNVSP6E13</lei>
        <title>Yang Ming Marine Transport Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002609005"/>
        </identifiers>
        <balance>492000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.42050000"/>
        <valUSD>869955.48000000</valUSD>
        <pctVal>0.155057482058</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>OPAP SA</name>
        <lei>213800M4NRGFJCI34834</lei>
        <title>OPAP SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GRS419003009"/>
        </identifiers>
        <balance>52312.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091900"/>
        <valUSD>1174211.88000000</valUSD>
        <pctVal>0.209286959737</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LPP SA</name>
        <lei>259400NUS7MKGPJL4752</lei>
        <title>LPP SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="PLLPP0000011"/>
        </identifiers>
        <balance>79.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.59000000"/>
        <valUSD>456480.61000000</valUSD>
        <pctVal>0.081361328967</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>PDD Holdings Inc</name>
        <lei>5493000573DS7005T657</lei>
        <title>PDD Holdings Inc</title>
        <cusip>722304102</cusip>
        <identifiers>
          <isin value="US7223041028"/>
        </identifiers>
        <balance>44600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5057194.00000000</valUSD>
        <pctVal>0.901374594390</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>JUMBO SA</name>
        <lei>549300TGIVUUMY40MZ05</lei>
        <title>JUMBO SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GRS282183003"/>
        </identifiers>
        <balance>31990.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091900"/>
        <valUSD>1048890.67000000</valUSD>
        <pctVal>0.186950194560</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</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"/>
        </identifiers>
        <balance>8426.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HUF" exchangeRt="327.02945000"/>
        <valUSD>903470.86000000</valUSD>
        <pctVal>0.161031133070</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>State Street Institutional US Government Money Market Fund</name>
        <lei>549300BZ5TGIFZUZDZ37</lei>
        <title>State Street Institutional US Government Money Market Fund</title>
        <cusip>857492706</cusip>
        <identifiers>
          <isin value="US8574927062"/>
        </identifiers>
        <balance>11089516.19000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11089516.19000000</valUSD>
        <pctVal>1.976552245720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Qfin Holdings Inc</name>
        <lei>836800R59NKEPDR6I240</lei>
        <title>Qfin Holdings Inc</title>
        <cusip>88557W101</cusip>
        <identifiers>
          <isin value="US88557W1018"/>
        </identifiers>
        <balance>5600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>107912.00000000</valUSD>
        <pctVal>0.019233815279</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>Vipshop Holdings Ltd</name>
        <lei>549300I9F52K06HPZX60</lei>
        <title>Vipshop Holdings Ltd</title>
        <cusip>92763W103</cusip>
        <identifiers>
          <isin value="US92763W1036"/>
        </identifiers>
        <balance>92663.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1639208.47000000</valUSD>
        <pctVal>0.292166143867</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>Yum China Holdings Inc</name>
        <lei>529900DO9BYZ7VA3K502</lei>
        <title>Yum China Holdings Inc</title>
        <cusip>98850P109</cusip>
        <identifiers>
          <isin value="US98850P1093"/>
        </identifiers>
        <balance>31995.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1527441.30000000</valUSD>
        <pctVal>0.272245198076</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>Tata Motors Passenger Vehicles Limited</name>
        <lei>335800BO2LHWJJ8TZI32</lei>
        <title>Tata Motors Passenger Vehicles Limited</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE155A01022"/>
        </identifiers>
        <balance>225211.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>921668.11000000</valUSD>
        <pctVal>0.164274540152</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>Hankook Tire &amp; Technology Co Ltd</name>
        <lei>9884001BIEVM09M7AH02</lei>
        <title>Hankook Tire &amp; Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7161390000"/>
        </identifiers>
        <balance>20306.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>822950.07000000</valUSD>
        <pctVal>0.146679420554</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>Richter Gedeon Nyrt</name>
        <lei>549300J6ZJW5IH4WEE46</lei>
        <title>Richter Gedeon Nyrt</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HU0000123096"/>
        </identifiers>
        <balance>38626.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HUF" exchangeRt="327.02945000"/>
        <valUSD>1167660.60000000</valUSD>
        <pctVal>0.208119285064</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>Sumber Alfaria Trijaya Tbk PT</name>
        <lei>N/A</lei>
        <title>Sumber Alfaria Trijaya Tbk PT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ID1000128705"/>
        </identifiers>
        <balance>4069700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="16675.00000000"/>
        <valUSD>481100.20000000</valUSD>
        <pctVal>0.085749428959</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Asian Paints Ltd</name>
        <lei>335800HEHXGYRUNERD75</lei>
        <title>Asian Paints Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE021A01026"/>
        </identifiers>
        <balance>23469.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>724049.64000000</valUSD>
        <pctVal>0.129051792470</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>Prologis Property Mexico SA de CV</name>
        <lei>N/A</lei>
        <title>Prologis Property Mexico SA de CV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MXCFFI170008"/>
        </identifiers>
        <balance>65301.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.00750000"/>
        <valUSD>272771.97000000</valUSD>
        <pctVal>0.048617815298</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="REIT" issuerCat="OTHER"/>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Havells India Ltd</name>
        <lei>549300U1LOGHTTNT7D47</lei>
        <title>Havells India Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE176B01034"/>
        </identifiers>
        <balance>23206.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>367895.53000000</valUSD>
        <pctVal>0.065572268758</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>Astral Ltd</name>
        <lei>3358007M1SKFTVDRMC40</lei>
        <title>Astral Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE006I01046"/>
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        <balance>34271.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>530108.79000000</valUSD>
        <pctVal>0.094484529478</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>Solar Industries India Ltd</name>
        <lei>3358002ANWRT2YJ79L60</lei>
        <title>Solar Industries India Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE343H01029"/>
        </identifiers>
        <balance>7499.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>1022534.20000000</valUSD>
        <pctVal>0.182252519831</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>BSE Ltd</name>
        <lei>335800UOTLCPTZQVDA19</lei>
        <title>BSE Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE118H01025"/>
        </identifiers>
        <balance>4445.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>130360.07000000</valUSD>
        <pctVal>0.023234871990</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>Bharat Electronics Ltd</name>
        <lei>335800HS8AOTM9W1F335</lei>
        <title>Bharat Electronics Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE263A01024"/>
        </identifiers>
        <balance>273753.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>1218529.18000000</valUSD>
        <pctVal>0.217185902968</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>HD Hyundai Electric Co Ltd</name>
        <lei>988400CSDKM9UHLHGB91</lei>
        <title>HD Hyundai Electric Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7267260008"/>
        </identifiers>
        <balance>4522.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>2428531.80000000</valUSD>
        <pctVal>0.432852065036</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>HDFC Asset Management Co Ltd</name>
        <lei>3358002FLK8AK8WSEP31</lei>
        <title>HDFC Asset Management Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE127D01025"/>
        </identifiers>
        <balance>53162.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>1581305.98000000</valUSD>
        <pctVal>0.281845829194</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>National Bank of Greece SA</name>
        <lei>5UMCZOEYKCVFAW8ZLO05</lei>
        <title>National Bank of Greece SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GRS003003035"/>
        </identifiers>
        <balance>14825.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091900"/>
        <valUSD>226117.61000000</valUSD>
        <pctVal>0.040302323580</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>Meituan</name>
        <lei>21380033K525E5JLIA77</lei>
        <title>Meituan</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG596691041"/>
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        <balance>113200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>1500147.91000000</valUSD>
        <pctVal>0.267380530369</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Britannia Industries Ltd</name>
        <lei>335800RRN5EVHNNAXN80</lei>
        <title>Britannia Industries Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE216A01030"/>
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        <balance>4095.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>274778.70000000</valUSD>
        <pctVal>0.048975487050</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>Eicher Motors Ltd</name>
        <lei>25490059S64CN2OY7239</lei>
        <title>Eicher Motors Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE066A01021"/>
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        <balance>11026.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>897545.39000000</valUSD>
        <pctVal>0.159975000337</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>JD Health International Inc</name>
        <lei>254900OM3MAXYK8PCC84</lei>
        <title>JD Health International Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG5074A1004"/>
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        <balance>34700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>248513.27000000</valUSD>
        <pctVal>0.044294038936</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ADNOC Drilling Co PJSC</name>
        <lei>254900JPRSQL1PM0JV19</lei>
        <title>ADNOC Drilling Co PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AEA007301012"/>
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        <balance>138934.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.67275000"/>
        <valUSD>202003.28000000</valUSD>
        <pctVal>0.036004279166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Americana Restaurants International PLC - Foreign Co</name>
        <lei>549300EYHRPEZ6UVAM64</lei>
        <title>Americana Restaurants International PLC - Foreign Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AEE01135A222"/>
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        <balance>839499.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.67275000"/>
        <valUSD>370291.57000000</valUSD>
        <pctVal>0.065999329611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </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="MX01AM050019"/>
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        <balance>1802000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.00750000"/>
        <valUSD>1860290.43000000</valUSD>
        <pctVal>0.331570932772</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>SAL Saudi Logistics Services</name>
        <lei>558600FSWKWXDQOMXT65</lei>
        <title>SAL Saudi Logistics Services</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA15T1L22JH8"/>
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        <balance>10268.00000000</balance>
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        <currencyConditional curCd="SAR" exchangeRt="3.75080000"/>
        <valUSD>438957.13000000</valUSD>
        <pctVal>0.078238012029</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>APR Corp/Korea</name>
        <lei>N/A</lei>
        <title>APR Corp/Korea</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7278470000"/>
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        <balance>3963.00000000</balance>
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        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>635435.15000000</valUSD>
        <pctVal>0.113257490338</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>Canara Bank</name>
        <lei>335800E4RH82Z8XC3C30</lei>
        <title>Canara Bank</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE476A01022"/>
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        <balance>515875.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>889697.76000000</valUSD>
        <pctVal>0.158576269280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Siemens Energy India Ltd</name>
        <lei>335800AEZO3CVXCSA716</lei>
        <title>Siemens Energy India Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="INE1NPP01017"/>
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        <balance>24379.00000000</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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Grupo Cibest SA</name>
        <lei>529900OSSJBGZREZ2C28</lei>
        <title>Grupo Cibest SA</title>
        <cusip>000000000</cusip>
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          <isin value="COTK7PA00010"/>
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        <balance>48860.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Adani Power Ltd</name>
        <lei>33580074T4XKFXBDG813</lei>
        <title>Adani Power Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="INE814H01029"/>
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        <balance>806162.00000000</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>KWALITY WALL S INDIA LTD</name>
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          <isin value="INE2KCE01013"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
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        <fairValLevel>3</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 EMGMKT MAR26</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>ICE Futures U.S., Inc.</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <indexName>ICE U.S. MSCI Emerging Markets Index Futures</indexName>
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      <invstOrSec>
        <name>Banco Bradesco SA</name>
        <lei>549300CTUU1RFXHQJE44</lei>
        <title>Banco Bradesco SA</title>
        <cusip>000000000</cusip>
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          <isin value="BRBBDCACNPR8"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cencosud SA</name>
        <lei>549300NLTGCFV7482429</lei>
        <title>Cencosud SA</title>
        <cusip>000000000</cusip>
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          <isin value="CL0000000100"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cipla Ltd/India</name>
        <lei>335800KMJJYEDDK82Q34</lei>
        <title>Cipla Ltd/India</title>
        <cusip>000000000</cusip>
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          <isin value="INE059A01026"/>
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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>Bumrungrad Hospital PCL</name>
        <lei>N/A</lei>
        <title>Bumrungrad Hospital PCL</title>
        <cusip>000000000</cusip>
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          <isin value="TH0168A10Z19"/>
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        <balance>136800.00000000</balance>
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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>Larsen &amp; Toubro Ltd</name>
        <lei>3358003FR3JIC5FRXA90</lei>
        <title>Larsen &amp; Toubro Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE018A01030"/>
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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>Li Ning Co Ltd</name>
        <lei>529900T77L2FV3FZ3U81</lei>
        <title>Li Ning Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG5496K1242"/>
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        <balance>569500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tata Consultancy Services Ltd</name>
        <lei>335800ZJKU9GPQRE2U66</lei>
        <title>Tata Consultancy Services Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="INE467B01029"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>IN</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Standard Bank Group Ltd</name>
        <lei>2549003PEZXUT7MDBU41</lei>
        <title>Standard Bank Group Ltd</title>
        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>ZA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CPFL Energia SA</name>
        <lei>529900GBWSBDXN8GGM28</lei>
        <title>CPFL Energia SA</title>
        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>BR</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NTPC Ltd</name>
        <lei>335800Q4TRGJXNLVMB81</lei>
        <title>NTPC Ltd</title>
        <cusip>000000000</cusip>
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        <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>Itau Unibanco Holding SA</name>
        <lei>5493002W2IVG62O3ZJ94</lei>
        <title>Itau Unibanco Holding SA</title>
        <cusip>000000000</cusip>
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        <assetCat>EP</assetCat>
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        <invCountry>BR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Aselsan Elektronik Sanayi Ve Ticaret AS</name>
        <lei>7890008XT4M710MU8714</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Turk Hava Yollari AO</name>
        <lei>789000EV8M3BL7ZPFB03</lei>
        <title>Turk Hava Yollari AO</title>
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        <assetCat>EC</assetCat>
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        <name>Porto Seguro SA</name>
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        <assetCat>EC</assetCat>
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        <invCountry>BR</invCountry>
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        <name>Suzlon Energy Ltd</name>
        <lei>724500ZW9AZP283ZN723</lei>
        <title>Suzlon Energy Ltd</title>
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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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        <name>Hindalco Industries Ltd</name>
        <lei>335800KXLE5NO5B4GF90</lei>
        <title>Hindalco Industries Ltd</title>
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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>ITC Ltd</name>
        <lei>335800WLOU3OFWFTMP43</lei>
        <title>ITC Ltd</title>
        <cusip>000000000</cusip>
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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>Pidilite Industries Ltd</name>
        <lei>335800APXGEBZ349GN74</lei>
        <title>Pidilite Industries Ltd</title>
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        <balance>84682.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>1397042.71000000</valUSD>
        <pctVal>0.249003460431</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>UPL Ltd</name>
        <lei>335800RJSM1SLHO4UA95</lei>
        <title>UPL Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE628A01036"/>
        </identifiers>
        <balance>124415.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>1101736.99000000</valUSD>
        <pctVal>0.196369317152</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>Sanlam Ltd</name>
        <lei>37890014418406D9FC23</lei>
        <title>Sanlam Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000070660"/>
        </identifiers>
        <balance>221975.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.56000000"/>
        <valUSD>1320188.27000000</valUSD>
        <pctVal>0.235305223883</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>China Construction Bank Corp</name>
        <lei>5493001KQW6DM7KEDR62</lei>
        <title>China Construction Bank Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000002H1"/>
        </identifiers>
        <balance>10317000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>10211870.72000000</valUSD>
        <pctVal>1.820124129745</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>Hana Financial Group Inc</name>
        <lei>N/A</lei>
        <title>Hana Financial Group Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7086790003"/>
        </identifiers>
        <balance>71346.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>4655081.37000000</valUSD>
        <pctVal>0.829703602776</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>Coromandel International Ltd</name>
        <lei>335800U73K3HJSQKT249</lei>
        <title>Coromandel International Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE169A01031"/>
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        <balance>33244.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>838886.33000000</valUSD>
        <pctVal>0.149519837570</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>Jarir Marketing Co</name>
        <lei>N/A</lei>
        <title>Jarir Marketing Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA000A0BLA62"/>
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        <balance>167716.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75080000"/>
        <valUSD>571439.33000000</valUSD>
        <pctVal>0.101851124219</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>Samsung Life Insurance Co Ltd</name>
        <lei>988400VYE6E0WYSM4S92</lei>
        <title>Samsung Life Insurance Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7032830002"/>
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        <balance>3401.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>371780.41000000</valUSD>
        <pctVal>0.066264694663</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>Etihad Etisalat Co</name>
        <lei>2549007BA9ABDE3HVK79</lei>
        <title>Etihad Etisalat Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA000A0DM9P2"/>
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        <balance>104515.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75080000"/>
        <valUSD>1836360.87000000</valUSD>
        <pctVal>0.327305821044</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>Al Rajhi Bank</name>
        <lei>558600BQZS4Y1DTU8589</lei>
        <title>Al Rajhi Bank</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA0007879113"/>
        </identifiers>
        <balance>19312.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75080000"/>
        <valUSD>501631.41000000</valUSD>
        <pctVal>0.089408831996</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>Arab National Bank</name>
        <lei>213800CYWGYQVT1ZBQ57</lei>
        <title>Arab National Bank</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA0007879105"/>
        </identifiers>
        <balance>120279.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75080000"/>
        <valUSD>693403.21000000</valUSD>
        <pctVal>0.123589491951</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>Riyad Bank</name>
        <lei>54930037RJ782ISGGM71</lei>
        <title>Riyad Bank</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA0007879048"/>
        </identifiers>
        <balance>407198.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75080000"/>
        <valUSD>2947173.91000000</valUSD>
        <pctVal>0.525292818057</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>SABIC Agri-Nutrients Co</name>
        <lei>N/A</lei>
        <title>SABIC Agri-Nutrients Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA0007879139"/>
        </identifiers>
        <balance>65308.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75080000"/>
        <valUSD>1925615.16000000</valUSD>
        <pctVal>0.343214158641</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>Saudi Electricity Co</name>
        <lei>549300FXO4ZXUIAXGP41</lei>
        <title>Saudi Electricity Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA0007879550"/>
        </identifiers>
        <balance>235609.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75080000"/>
        <valUSD>882465.63000000</valUSD>
        <pctVal>0.157287242550</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>Indian Hotels Co Ltd/The</name>
        <lei>33580076CH5SBY5HWA22</lei>
        <title>Indian Hotels Co Ltd/The</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE053A01029"/>
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        <balance>106293.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>874882.67000000</valUSD>
        <pctVal>0.155935685245</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>Grupo Aeroportuario del Centro Norte SAB de CV</name>
        <lei>529900HUSBARAFSXJ605</lei>
        <title>Grupo Aeroportuario del Centro Norte SAB de CV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MX01OM000018"/>
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        <balance>79300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.00750000"/>
        <valUSD>1076357.41000000</valUSD>
        <pctVal>0.191845759497</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>Marico Ltd</name>
        <lei>3358003SFDQFGJPC5O84</lei>
        <title>Marico Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE196A01026"/>
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        <balance>19005.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>158639.15000000</valUSD>
        <pctVal>0.028275225250</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>Power Finance Corp Ltd</name>
        <lei>3358003Q6D9LIJJZ1614</lei>
        <title>Power Finance Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE134E01011"/>
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        <balance>401492.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>1589698.82000000</valUSD>
        <pctVal>0.283341736362</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>Page Industries Ltd</name>
        <lei>335800D6UFCCKUP3KD53</lei>
        <title>Page Industries Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE761H01022"/>
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        <balance>1729.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>694337.36000000</valUSD>
        <pctVal>0.123755991215</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>China CITIC Bank Corp Ltd</name>
        <lei>300300C1030211000384</lei>
        <title>China CITIC Bank Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000001Q4"/>
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        <balance>1557000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>1389402.88000000</valUSD>
        <pctVal>0.247641766838</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>ANTA Sports Products Ltd</name>
        <lei>529900291XG0CTK4LF95</lei>
        <title>ANTA Sports Products Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG040111059"/>
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        <balance>53000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>550382.28000000</valUSD>
        <pctVal>0.098097997505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bosideng International Holdings Ltd</name>
        <lei>254900G7F1RDM4B3S169</lei>
        <title>Bosideng International Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG126521064"/>
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        <balance>1302000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>747057.61000000</valUSD>
        <pctVal>0.133152643580</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Emirates NBD Bank PJSC</name>
        <lei>54930029BCN8HF3B1286</lei>
        <title>Emirates NBD Bank PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AEE000801010"/>
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        <balance>385269.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.67275000"/>
        <valUSD>2921446.23000000</valUSD>
        <pctVal>0.520707216412</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sinotruk Hong Kong Ltd</name>
        <lei>529900BB4WA4W576X724</lei>
        <title>Sinotruk Hong Kong Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HK3808041546"/>
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        <balance>172500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>612192.67000000</valUSD>
        <pctVal>0.109114841077</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>KB Financial Group Inc</name>
        <lei>529900TKE4MXG3Q6GW86</lei>
        <title>KB Financial Group Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7105560007"/>
        </identifiers>
        <balance>42551.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>3662989.25000000</valUSD>
        <pctVal>0.652876960914</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>Mouwasat Medical Services Co</name>
        <lei>N/A</lei>
        <title>Mouwasat Medical Services Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA12C051UH11"/>
        </identifiers>
        <balance>25712.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75080000"/>
        <valUSD>456949.87000000</valUSD>
        <pctVal>0.081444968045</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>Muthoot Finance Ltd</name>
        <lei>335800HAMJMBFL4RRF02</lei>
        <title>Muthoot Finance Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE414G01012"/>
        </identifiers>
        <balance>33950.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>1440021.94000000</valUSD>
        <pctVal>0.256663911267</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>Grupo Comercial Chedraui SA de CV</name>
        <lei>4469000001BRXSV0JO96</lei>
        <title>Grupo Comercial Chedraui SA de CV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MX01CH170002"/>
        </identifiers>
        <balance>21000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.00750000"/>
        <valUSD>143766.76000000</valUSD>
        <pctVal>0.025624428286</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>Meritz Financial Group Inc</name>
        <lei>N/A</lei>
        <title>Meritz Financial Group Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7138040001"/>
        </identifiers>
        <balance>22479.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>1764864.04000000</valUSD>
        <pctVal>0.314562504070</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>PGE Polska Grupa Energetyczna SA</name>
        <lei>259400MP9VXR0E69MJ89</lei>
        <title>PGE Polska Grupa Energetyczna SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="PLPGER000010"/>
        </identifiers>
        <balance>253692.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.59000000"/>
        <valUSD>620013.92000000</valUSD>
        <pctVal>0.110508870266</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>Longfor Group Holdings Ltd</name>
        <lei>254900UJX27B2F1JYR13</lei>
        <title>Longfor Group Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG5635P1090"/>
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        <balance>390000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>429922.50000000</valUSD>
        <pctVal>0.076627714708</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New China Life Insurance Co Ltd</name>
        <lei>300300F2001111000095</lei>
        <title>New China Life Insurance Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001922"/>
        </identifiers>
        <balance>260600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>1825965.87000000</valUSD>
        <pctVal>0.325453056663</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>Severstal PAO</name>
        <lei>213800OKDPTV6K4ONO53</lei>
        <title>Severstal PAO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU0009046510"/>
        </identifiers>
        <balance>283840.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="79.10000000"/>
        <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>Surgutneftegas PAO</name>
        <lei>2138002GZLU65FRAC894</lei>
        <title>Surgutneftegas PAO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU0008926258"/>
        </identifiers>
        <balance>11590970.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="79.10000000"/>
        <valUSD>0.15000000</valUSD>
        <pctVal>0.000000026735</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>Charoen Pokphand Foods PCL</name>
        <lei>529900FJ3AI2GKGIWK15</lei>
        <title>Charoen Pokphand Foods PCL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TH0101A10Z19"/>
        </identifiers>
        <balance>1070700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="31.50500000"/>
        <valUSD>741139.25000000</valUSD>
        <pctVal>0.132097778106</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>Bizlink Holding Inc</name>
        <lei>213800YAKRFVU5XOX138</lei>
        <title>Bizlink Holding Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG114741062"/>
        </identifiers>
        <balance>26000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.42050000"/>
        <valUSD>1256094.66000000</valUSD>
        <pctVal>0.223881428055</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Powszechny Zaklad Ubezpieczen SA</name>
        <lei>QLPCKOOKVX32FUELX240</lei>
        <title>Powszechny Zaklad Ubezpieczen SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="PLPZU0000011"/>
        </identifiers>
        <balance>168744.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.59000000"/>
        <valUSD>3123356.49000000</valUSD>
        <pctVal>0.556694916056</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>Vodacom Group Ltd</name>
        <lei>37890012A8DC24B8D663</lei>
        <title>Vodacom Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000132577"/>
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        <balance>171751.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.56000000"/>
        <valUSD>1465587.79000000</valUSD>
        <pctVal>0.261220668962</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>Central Pattana PCL</name>
        <lei>N/A</lei>
        <title>Central Pattana PCL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TH0481B10Z18"/>
        </identifiers>
        <balance>262100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="31.50500000"/>
        <valUSD>458931.97000000</valUSD>
        <pctVal>0.081798249842</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>Zhen Ding Technology Holding Ltd</name>
        <lei>549300H7R4K33675UP38</lei>
        <title>Zhen Ding Technology Holding Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG989221000"/>
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        <balance>190000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.42050000"/>
        <valUSD>856233.86000000</valUSD>
        <pctVal>0.152611793864</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Astra International Tbk PT</name>
        <lei>529900L49TRJOMG4DK47</lei>
        <title>Astra International Tbk PT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ID1000122807"/>
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        <balance>5611400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="16675.00000000"/>
        <valUSD>2252173.10000000</valUSD>
        <pctVal>0.401418576093</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Nonferrous Mining Corp Ltd</name>
        <lei>N/A</lei>
        <title>China Nonferrous Mining Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HK0000112026"/>
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        <balance>370000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>701970.35000000</valUSD>
        <pctVal>0.125116465673</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>
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      </invstOrSec>
      <invstOrSec>
        <name>People's Insurance Co Group of China Ltd/The</name>
        <lei>3003000P2JHYHQ524P66</lei>
        <title>People's Insurance Co Group of China Ltd/The</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001MK7"/>
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        <balance>1912000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>1660946.66000000</valUSD>
        <pctVal>0.296040674326</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>Indus Towers Ltd</name>
        <lei>335800L6DI4VHODGDK41</lei>
        <title>Indus Towers Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE121J01017"/>
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        <balance>225048.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>1049564.41000000</valUSD>
        <pctVal>0.187070279358</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>BB Seguridade Participacoes SA</name>
        <lei>N/A</lei>
        <title>BB Seguridade Participacoes SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRBBSEACNOR5"/>
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        <balance>197600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.47975000"/>
        <valUSD>1305275.48000000</valUSD>
        <pctVal>0.232647226179</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Telkom Indonesia Persero Tbk PT</name>
        <lei>529900M5SQZAOKV1PC81</lei>
        <title>Telkom Indonesia Persero Tbk PT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ID1000129000"/>
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        <balance>10499200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="16675.00000000"/>
        <valUSD>2196803.67000000</valUSD>
        <pctVal>0.391549744186</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Inner Mongolia Dian Tou Energy Corp Ltd</name>
        <lei>N/A</lei>
        <title>Inner Mongolia Dian Tou Energy Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000098"/>
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        <balance>42100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>168062.31000000</valUSD>
        <pctVal>0.029954772648</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>Sungrow Power Supply Co Ltd</name>
        <lei>30030052IWC7RGVFG505</lei>
        <title>Sungrow Power Supply Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000018M7"/>
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        <balance>33900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>829736.02000000</valUSD>
        <pctVal>0.147888921895</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>Zhejiang NHU Co Ltd</name>
        <lei>655600NJSJADB39G3P54</lei>
        <title>Zhejiang NHU Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001J84"/>
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        <balance>52600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>189565.82000000</valUSD>
        <pctVal>0.033787474657</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>Guangdong Haid Group Co Ltd</name>
        <lei>300300Y7LIHH4R4TWD50</lei>
        <title>Guangdong Haid Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000HP8"/>
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        <balance>28500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>225858.06000000</valUSD>
        <pctVal>0.040256062397</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>Muyuan Foods Co Ltd</name>
        <lei>3003006NCTDQW4KZR676</lei>
        <title>Muyuan Foods Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001RQ3"/>
        </identifiers>
        <balance>93500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>676940.08000000</valUSD>
        <pctVal>0.120655167675</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>XCMG Construction Machinery Co Ltd</name>
        <lei>300300QGG1VFJ0WTJE78</lei>
        <title>XCMG Construction Machinery Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000FH0"/>
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        <balance>201100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>333351.26000000</valUSD>
        <pctVal>0.059415232394</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>Luzhou Laojiao Co Ltd</name>
        <lei>N/A</lei>
        <title>Luzhou Laojiao Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000GF2"/>
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        <balance>25200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>419512.61000000</valUSD>
        <pctVal>0.074772296392</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>Hithink RoyalFlush Information Network Co Ltd</name>
        <lei>300300TIQA4R0NPLQE78</lei>
        <title>Hithink RoyalFlush Information Network Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000JG3"/>
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        <balance>9200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>424047.72000000</valUSD>
        <pctVal>0.075580616764</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>Focus Media Information Technology Co Ltd</name>
        <lei>300300V7WGZW0LZKTD06</lei>
        <title>Focus Media Information Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001KK2"/>
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        <balance>108900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>114855.96000000</valUSD>
        <pctVal>0.020471479709</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>Iflytek Co Ltd</name>
        <lei>3003000T23C63KVWOH32</lei>
        <title>Iflytek Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000B81"/>
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        <balance>38700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>278789.62000000</valUSD>
        <pctVal>0.049690377835</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>Lens Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>Lens Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001YW7"/>
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        <balance>32000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>138567.85000000</valUSD>
        <pctVal>0.024697794782</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>Wuliangye Yibin Co Ltd</name>
        <lei>N/A</lei>
        <title>Wuliangye Yibin Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000VQ8"/>
        </identifiers>
        <balance>64300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>975099.59000000</valUSD>
        <pctVal>0.173797959387</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>BOE Technology Group Co Ltd</name>
        <lei>N/A</lei>
        <title>BOE Technology Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000016L5"/>
        </identifiers>
        <balance>628200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>378555.28000000</valUSD>
        <pctVal>0.067472221149</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 Merchants Shekou Industrial Zone Holdings Co Ltd</name>
        <lei>300300T3ACALX7NIPW13</lei>
        <title>China Merchants Shekou Industrial Zone Holdings Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002FC6"/>
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        <balance>101300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>125300.77000000</valUSD>
        <pctVal>0.022333122030</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>Gree Electric Appliances Inc of Zhuhai</name>
        <lei>655600UY069MU9JRAN62</lei>
        <title>Gree Electric Appliances Inc of Zhuhai</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000001D4"/>
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        <balance>47900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>275677.31000000</valUSD>
        <pctVal>0.049135651802</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>Guosen Securities Co Ltd</name>
        <lei>254900SSGIWSMEOHDN82</lei>
        <title>Guosen Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001WS9"/>
        </identifiers>
        <balance>113500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>213081.07000000</valUSD>
        <pctVal>0.037978741381</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>ZTE Corp</name>
        <lei>3003004FBGVVG1CW5U45</lei>
        <title>ZTE Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000TK5"/>
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        <balance>26000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>140791.55000000</valUSD>
        <pctVal>0.025094138424</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>Weichai Power Co Ltd</name>
        <lei>529900OKTPKBG85F9502</lei>
        <title>Weichai Power Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000000D4"/>
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        <balance>115900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>285228.69000000</valUSD>
        <pctVal>0.050838052634</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>GF Securities Co Ltd</name>
        <lei>3003007E0Y3ZJ5HNA936</lei>
        <title>GF Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000008L2"/>
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        <balance>104900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>330634.90000000</valUSD>
        <pctVal>0.058931078949</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>
        <name>BYD Co Ltd</name>
        <lei>5299005557VL7ULJ7A69</lei>
        <title>BYD Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001526"/>
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        <balance>33700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>471228.55000000</valUSD>
        <pctVal>0.083989944447</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>
        <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"/>
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        <balance>113216.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HUF" exchangeRt="327.02945000"/>
        <valUSD>1014604.49000000</valUSD>
        <pctVal>0.180839159154</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Victory Giant Technology Huizhou Co Ltd</name>
        <lei>836800LBU3EF5U7ECE87</lei>
        <title>Victory Giant Technology Huizhou Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000020V4"/>
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        <balance>4100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>167530.26000000</valUSD>
        <pctVal>0.029859942125</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>Eoptolink Technology Inc Ltd</name>
        <lei>N/A</lei>
        <title>Eoptolink Technology Inc Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002615"/>
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        <balance>16700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>1023231.13000000</valUSD>
        <pctVal>0.182376737924</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>Hyosung Heavy Industries Corp</name>
        <lei>988400IDLF9EQ95M0928</lei>
        <title>Hyosung Heavy Industries Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7298040007"/>
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        <balance>197.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>243362.34000000</valUSD>
        <pctVal>0.043375957202</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>Bank of Shanghai Co Ltd</name>
        <lei>300300C1091231000098</lei>
        <title>Bank of Shanghai Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002FM5"/>
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        <balance>243100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>351353.36000000</valUSD>
        <pctVal>0.062623856699</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>Emaar Development PJSC</name>
        <lei>N/A</lei>
        <title>Emaar Development PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AEE001901017"/>
        </identifiers>
        <balance>276929.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.67275000"/>
        <valUSD>1141918.34000000</valUSD>
        <pctVal>0.203531084736</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>Xiaomi Corp</name>
        <lei>2549001ACVFAZRNMKL32</lei>
        <title>Xiaomi Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG9830T1067"/>
        </identifiers>
        <balance>503600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>2541582.82000000</valUSD>
        <pctVal>0.453001839258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Foxconn Industrial Internet Co Ltd</name>
        <lei>N/A</lei>
        <title>Foxconn Industrial Internet Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000031P3"/>
        </identifiers>
        <balance>84700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>750476.98000000</valUSD>
        <pctVal>0.133762098793</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>Ambev SA</name>
        <lei>549300TH5Q6VRP8OT012</lei>
        <title>Ambev SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRABEVACNOR1"/>
        </identifiers>
        <balance>142600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.47975000"/>
        <valUSD>358946.14000000</valUSD>
        <pctVal>0.063977164283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WuXi AppTec Co Ltd</name>
        <lei>254900OEPQLZSPLN9175</lei>
        <title>WuXi AppTec Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003F19"/>
        </identifiers>
        <balance>90500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>1147591.26000000</valUSD>
        <pctVal>0.204542203939</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>Woori Financial Group Inc</name>
        <lei>N/A</lei>
        <title>Woori Financial Group Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7316140003"/>
        </identifiers>
        <balance>187332.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>3636001.83000000</valUSD>
        <pctVal>0.648066828110</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>Tongcheng Travel Holdings Ltd</name>
        <lei>2549004WGGNOPL8NUL61</lei>
        <title>Tongcheng Travel Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG8918W1069"/>
        </identifiers>
        <balance>37200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>107381.06000000</valUSD>
        <pctVal>0.019139182598</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Haidilao International Holding Ltd</name>
        <lei>3003009Q8GV4VNKZWI24</lei>
        <title>Haidilao International Holding Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG4290A1013"/>
        </identifiers>
        <balance>453000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>832565.25000000</valUSD>
        <pctVal>0.148393192850</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xinyi Solar Holdings Ltd</name>
        <lei>529900QF7VIH03SB7Q08</lei>
        <title>Xinyi Solar Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG9829N1025"/>
        </identifiers>
        <balance>1272000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>486541.18000000</valUSD>
        <pctVal>0.086719208077</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Innovent Biologics Inc</name>
        <lei>25490058ONL9SCIE1R22</lei>
        <title>Innovent Biologics Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG4818G1010"/>
        </identifiers>
        <balance>116500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>1140150.74000000</valUSD>
        <pctVal>0.203216034585</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Polycab India Ltd</name>
        <lei>335800ZAL1L11ERZVW68</lei>
        <title>Polycab India Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE455K01017"/>
        </identifiers>
        <balance>14944.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>1268352.07000000</valUSD>
        <pctVal>0.226066141152</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>Contemporary Amperex Technology Co Ltd</name>
        <lei>300300KINDY1K0E9I032</lei>
        <title>Contemporary Amperex Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003662"/>
        </identifiers>
        <balance>17740.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>932814.18000000</valUSD>
        <pctVal>0.166261172329</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>Zhejiang Leapmotor Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>Zhejiang Leapmotor Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005K77"/>
        </identifiers>
        <balance>100400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>628920.06000000</valUSD>
        <pctVal>0.112096266029</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>Salik Co PJSC</name>
        <lei>N/A</lei>
        <title>Salik Co PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AEE01110S227"/>
        </identifiers>
        <balance>170938.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.67275000"/>
        <valUSD>295543.20000000</valUSD>
        <pctVal>0.052676470790</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Saudi Arabian Oil Co</name>
        <lei>5586006WD91QHB7J4X50</lei>
        <title>Saudi Arabian Oil Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA14TG012N13"/>
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        <balance>112913.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75080000"/>
        <valUSD>717014.89000000</valUSD>
        <pctVal>0.127797945984</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>HDFC Bank Ltd</name>
        <lei>335800ZQ6I4E2JXENC50</lei>
        <title>HDFC Bank Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE040A01034"/>
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        <balance>533959.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>5898587.34000000</valUSD>
        <pctVal>1.051341271675</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>Alibaba Group Holding Ltd</name>
        <lei>5493001NTNQJDH60PM02</lei>
        <title>Alibaba Group Holding Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG017191142"/>
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        <balance>804400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>14769553.60000000</valUSD>
        <pctVal>2.632467804384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Zheshang Bank Co Ltd</name>
        <lei>300300C1031633000208</lei>
        <title>China Zheshang Bank Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003PS9"/>
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        <balance>378800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>164821.46000000</valUSD>
        <pctVal>0.029377136145</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>Avary Holding Shenzhen Co Ltd</name>
        <lei>30030067AGXAJK5FRS12</lei>
        <title>Avary Holding Shenzhen Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003GF5"/>
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        <balance>23900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>172409.12000000</valUSD>
        <pctVal>0.030729531160</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>JD.com Inc</name>
        <lei>549300HVTWB0GJZ16V92</lei>
        <title>JD.com Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG8208B1014"/>
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        <balance>79400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>1141710.96000000</valUSD>
        <pctVal>0.203494122131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rockchip Electronics Co Ltd</name>
        <lei>8368002HC3QUMAKOPK03</lei>
        <title>Rockchip Electronics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003RK2"/>
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        <balance>7200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>183895.54000000</valUSD>
        <pctVal>0.032776825998</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>Suzhou TFC Optical Communication Co Ltd</name>
        <lei>N/A</lei>
        <title>Suzhou TFC Optical Communication Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001XQ1"/>
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        <balance>13200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>381151.45000000</valUSD>
        <pctVal>0.067934952395</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>Kuaishou Technology</name>
        <lei>300300FCDZBE6UP9ED24</lei>
        <title>Kuaishou Technology</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG532631028"/>
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        <balance>474600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>3923237.57000000</valUSD>
        <pctVal>0.699262609533</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEPI Rockcastle NV</name>
        <lei>549300FMWM53K9ULYT15</lei>
        <title>NEPI Rockcastle NV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0015000RT3"/>
        </identifiers>
        <balance>166832.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.56000000"/>
        <valUSD>1469350.68000000</valUSD>
        <pctVal>0.261891351844</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>NetEase Inc</name>
        <lei>5299004AF4DSJDB0PA32</lei>
        <title>NetEase Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG6427A1022"/>
        </identifiers>
        <balance>217632.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>5990358.29000000</valUSD>
        <pctVal>1.067698168965</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Caixa Seguridade Participacoes S/A</name>
        <lei>N/A</lei>
        <title>Caixa Seguridade Participacoes S/A</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRCXSEACNOR7"/>
        </identifiers>
        <balance>167500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.47975000"/>
        <valUSD>507452.45000000</valUSD>
        <pctVal>0.090446351532</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SK Square Co Ltd</name>
        <lei>N/A</lei>
        <title>SK Square Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7402340004"/>
        </identifiers>
        <balance>16307.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1440.55000000"/>
        <valUSD>4152710.38000000</valUSD>
        <pctVal>0.740162950915</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>Nongfu Spring Co Ltd</name>
        <lei>300300P08GGT4SKR9G93</lei>
        <title>Nongfu Spring Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100004272"/>
        </identifiers>
        <balance>533400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>3220091.74000000</valUSD>
        <pctVal>0.573936630875</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>Tencent Holdings Ltd</name>
        <lei>254900N4SLUMW4XUYY11</lei>
        <title>Tencent Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG875721634"/>
        </identifiers>
        <balance>328500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>25210250.20000000</valUSD>
        <pctVal>4.493376969225</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arabian Internet &amp; Communications Services Co</name>
        <lei>N/A</lei>
        <title>Arabian Internet &amp; Communications Services Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA15CIBJGH12"/>
        </identifiers>
        <balance>2165.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75080000"/>
        <valUSD>129946.26000000</valUSD>
        <pctVal>0.023161116105</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>China Resources Mixc Lifestyle Services Ltd</name>
        <lei>N/A</lei>
        <title>China Resources Mixc Lifestyle Services Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG2122G1064"/>
        </identifiers>
        <balance>163600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>905405.77000000</valUSD>
        <pctVal>0.161376003905</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pop Mart International Group Ltd</name>
        <lei>9845000A05E8F937E337</lei>
        <title>Pop Mart International Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG7170M1033"/>
        </identifiers>
        <balance>88800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>2142451.89000000</valUSD>
        <pctVal>0.381862294258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OUTsurance Group Ltd</name>
        <lei>984500AC307E8L2D9X52</lei>
        <title>OUTsurance Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000314084"/>
        </identifiers>
        <balance>234464.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.56000000"/>
        <valUSD>1014594.82000000</valUSD>
        <pctVal>0.180837435611</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>TIM SA/Brazil</name>
        <lei>529900QI0CH1DN5ZCS77</lei>
        <title>TIM SA/Brazil</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRTIMSACNOR5"/>
        </identifiers>
        <balance>136700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.47975000"/>
        <valUSD>530527.92000000</valUSD>
        <pctVal>0.094559233579</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</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"/>
        </identifiers>
        <balance>221300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.47975000"/>
        <valUSD>1639059.56000000</valUSD>
        <pctVal>0.292139602727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JD Logistics Inc</name>
        <lei>655600LWTFVMV3E2A890</lei>
        <title>JD Logistics Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG5074S1012"/>
        </identifiers>
        <balance>563100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>828491.38000000</valUSD>
        <pctVal>0.147667082101</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Anker Innovations Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>Anker Innovations Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000047B9"/>
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        <balance>8900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>145710.98000000</valUSD>
        <pctVal>0.025970958499</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>Shenzhen Transsion Holdings Co Ltd</name>
        <lei>300300PDJRSNMVF0VJ83</lei>
        <title>Shenzhen Transsion Holdings Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003P74"/>
        </identifiers>
        <balance>9328.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>88387.23000000</valUSD>
        <pctVal>0.015753796194</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>Beijing Kingsoft Office Software Inc</name>
        <lei>N/A</lei>
        <title>Beijing Kingsoft Office Software Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100003PM2"/>
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        <balance>3247.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>142707.11000000</valUSD>
        <pctVal>0.025435560390</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>Trip.com Group Ltd</name>
        <lei>2549004RMYDSRQL4KW41</lei>
        <title>Trip.com Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG9066F1019"/>
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        <balance>31250.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>2240668.21000000</valUSD>
        <pctVal>0.399367989235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Industrial &amp; Commercial Bank of China Ltd</name>
        <lei>5493002ERZU2K9PZDL40</lei>
        <title>Industrial &amp; Commercial Bank of China Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001P37"/>
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        <balance>1066800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>1211047.41000000</valUSD>
        <pctVal>0.215852381375</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>Agricultural Bank of China Ltd</name>
        <lei>549300E7TSGLCOVSY746</lei>
        <title>Agricultural Bank of China Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000RJ0"/>
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        <balance>1426500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>1567728.23000000</valUSD>
        <pctVal>0.279425783830</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>Industrial Bank Co Ltd</name>
        <lei>300300C1030935001303</lei>
        <title>Industrial Bank Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001QZ7"/>
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        <balance>311200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>938027.65000000</valUSD>
        <pctVal>0.167190400950</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>SAIC Motor Corp Ltd</name>
        <lei>30030001QBC7EXJJGT71</lei>
        <title>SAIC Motor Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000TY6"/>
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        <balance>132000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>287732.44000000</valUSD>
        <pctVal>0.051284311299</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>Kweichow Moutai Co Ltd</name>
        <lei>N/A</lei>
        <title>Kweichow Moutai Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000018R8"/>
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        <balance>500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>98591.99000000</valUSD>
        <pctVal>0.017572652936</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>CITIC Securities Co Ltd</name>
        <lei>300300E1006744000068</lei>
        <title>CITIC Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001DB6"/>
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        <balance>205375.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>844008.15000000</valUSD>
        <pctVal>0.150432730852</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 Yangtze Power Co Ltd</name>
        <lei>3003008VX8JFJXA6QP74</lei>
        <title>China Yangtze Power Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001G87"/>
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        <balance>124700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>485191.79000000</valUSD>
        <pctVal>0.086478698051</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>China Everbright Bank Co Ltd</name>
        <lei>549300U6PKQ4H1P34E17</lei>
        <title>China Everbright Bank Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000SL4"/>
        </identifiers>
        <balance>793900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>396576.57000000</valUSD>
        <pctVal>0.070684265805</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>Huaxia Bank Co Ltd</name>
        <lei>300300AKNDEHIGVDZW37</lei>
        <title>Huaxia Bank Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001FW7"/>
        </identifiers>
        <balance>226900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>223069.31000000</valUSD>
        <pctVal>0.039759006441</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>Bank of Beijing Co Ltd</name>
        <lei>300300C1080211000042</lei>
        <title>Bank of Beijing Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000734"/>
        </identifiers>
        <balance>372240.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>291904.90000000</valUSD>
        <pctVal>0.052027994345</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>Poly Developments and Holdings Group Co Ltd</name>
        <lei>300300W9OF1ZRGUDVU96</lei>
        <title>Poly Developments and Holdings Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001ND1"/>
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        <balance>136900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>119532.88000000</valUSD>
        <pctVal>0.021305075744</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>Jiangsu Hengrui Pharmaceuticals Co Ltd</name>
        <lei>2549003BT1XS3SE3E448</lei>
        <title>Jiangsu Hengrui Pharmaceuticals Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE0000014W7"/>
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        <balance>106900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>911924.12000000</valUSD>
        <pctVal>0.162537809263</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>Huatai Securities Co Ltd</name>
        <lei>3003009ABT0UCWO79Q77</lei>
        <title>Huatai Securities Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000LQ8"/>
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        <balance>122500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>413699.53000000</valUSD>
        <pctVal>0.073736195616</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>Sany Heavy Industry Co Ltd</name>
        <lei>3003001FS86S7NYOHV89</lei>
        <title>Sany Heavy Industry Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001F70"/>
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        <balance>145000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>438523.62000000</valUSD>
        <pctVal>0.078160744892</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>Huayu Automotive Systems Co Ltd</name>
        <lei>3003001J2BNVV78BOT83</lei>
        <title>Huayu Automotive Systems Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000M15"/>
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        <balance>55400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>158536.37000000</valUSD>
        <pctVal>0.028256906142</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>CMOC Group Ltd</name>
        <lei>2549008KG3638J59U652</lei>
        <title>CMOC Group Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001NR0"/>
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        <balance>284100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>813264.73000000</valUSD>
        <pctVal>0.144953143212</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>Zhejiang Chint Electrics Co Ltd</name>
        <lei>N/A</lei>
        <title>Zhejiang Chint Electrics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000KD8"/>
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        <balance>40400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>161168.76000000</valUSD>
        <pctVal>0.028726093100</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>Yutong Bus Co Ltd</name>
        <lei>300300OMPRVW0Q75F037</lei>
        <title>Yutong Bus Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000PY4"/>
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        <balance>37100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>173603.89000000</valUSD>
        <pctVal>0.030942482319</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>Fuyao Glass Industry Group Co Ltd</name>
        <lei>549300AS5CSLWETN0P64</lei>
        <title>Fuyao Glass Industry Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000230"/>
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        <balance>34300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>317989.38000000</valUSD>
        <pctVal>0.056677190635</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>Yunnan Yuntianhua Co Ltd</name>
        <lei>N/A</lei>
        <title>Yunnan Yuntianhua Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000S01"/>
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        <balance>32500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>155359.91000000</valUSD>
        <pctVal>0.027690746263</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>Shengyi Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>Shengyi Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000XL5"/>
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        <balance>42800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>435778.28000000</valUSD>
        <pctVal>0.077671426166</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>
        <name>Hengtong Optic-electric Co Ltd</name>
        <lei>655600VKTXMT2WKBE151</lei>
        <title>Hengtong Optic-electric Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000001FQ9"/>
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        <balance>42200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>149421.36000000</valUSD>
        <pctVal>0.026632282202</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>
        <name>Eastroc Beverage Group Co Ltd</name>
        <lei>836800LQ338417RCIL29</lei>
        <title>Eastroc Beverage Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005576"/>
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        <balance>5810.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>222393.18000000</valUSD>
        <pctVal>0.039638495659</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>
        <name>Dr Reddy's Laboratories Ltd</name>
        <lei>335800OVDPY3DVZR2798</lei>
        <title>Dr Reddy's Laboratories Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE089A01031"/>
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        <balance>84131.00000000</balance>
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        <pctVal>0.212054239348</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>Hygon Information Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>Hygon Information Technology Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100005PT2"/>
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        <balance>38503.00000000</balance>
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        <valUSD>1237157.72000000</valUSD>
        <pctVal>0.220506181503</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>Ades Holding Co</name>
        <lei>98450075A96DF4FE9813</lei>
        <title>Ades Holding Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA55SG6H5716"/>
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        <balance>42051.00000000</balance>
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        <pctVal>0.034821775248</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>Anglogold Ashanti Plc</name>
        <lei>2138005YDSA7A82RNU96</lei>
        <title>Anglogold Ashanti Plc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BRXH2664"/>
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        <balance>11996.00000000</balance>
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        <currencyConditional curCd="ZAR" exchangeRt="16.56000000"/>
        <valUSD>1033092.72000000</valUSD>
        <pctVal>0.184134429380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Shriram Finance Ltd</name>
        <lei>335800TM2YO24B76XL26</lei>
        <title>Shriram Finance Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE721A01047"/>
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        <balance>333226.00000000</balance>
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        <valUSD>3698022.22000000</valUSD>
        <pctVal>0.659121101266</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>Shaanxi Coal Industry Co Ltd</name>
        <lei>N/A</lei>
        <title>Shaanxi Coal Industry Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001T64"/>
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        <balance>59300.00000000</balance>
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        <valUSD>180973.56000000</valUSD>
        <pctVal>0.032256023644</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>Saudi National Bank/The</name>
        <lei>5586006ZEFQ542K7CY16</lei>
        <title>Saudi National Bank/The</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SA13L050IE10"/>
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        <balance>433923.00000000</balance>
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        <currencyConditional curCd="SAR" exchangeRt="3.75080000"/>
        <valUSD>4382265.98000000</valUSD>
        <pctVal>0.781078048465</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ICICI Bank Ltd</name>
        <lei>R7RX8ER1V4666J8D1I38</lei>
        <title>ICICI Bank Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE090A01021"/>
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        <balance>56548.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>846329.99000000</valUSD>
        <pctVal>0.150846566585</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>Nien Made Enterprise Co Ltd</name>
        <lei>N/A</lei>
        <title>Nien Made Enterprise Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0008464009"/>
        </identifiers>
        <balance>19000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.42050000"/>
        <valUSD>218228.21000000</valUSD>
        <pctVal>0.038896147601</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>MBRF Global Foods Co SA</name>
        <lei>391200219USWMOBN3F92</lei>
        <title>MBRF Global Foods Co SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRMBRFACNOR1"/>
        </identifiers>
        <balance>30246.77000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.47975000"/>
        <valUSD>110284.31000000</valUSD>
        <pctVal>0.019656646589</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>BeOne Medicines Ltd</name>
        <lei>549300JFUK6FRD5MH739</lei>
        <title>BeOne Medicines Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH1391448177"/>
        </identifiers>
        <balance>113400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>2610045.65000000</valUSD>
        <pctVal>0.465204387869</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tech Mahindra Ltd</name>
        <lei>3358005FZUZ1I25XQH69</lei>
        <title>Tech Mahindra Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE669C01036"/>
        </identifiers>
        <balance>147527.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="89.87940000"/>
        <valUSD>2613094.34000000</valUSD>
        <pctVal>0.465747774521</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>3SBio Inc</name>
        <lei>529900P0TQC1E9Y7FN31</lei>
        <title>3SBio Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG8875G1029"/>
        </identifiers>
        <balance>508500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>1578910.83000000</valUSD>
        <pctVal>0.281418926972</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Enel Chile SA</name>
        <lei>549300YM5CWCAUVOPB53</lei>
        <title>Enel Chile SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CL0002266774"/>
        </identifiers>
        <balance>7802444.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="900.84000000"/>
        <valUSD>640849.46000000</valUSD>
        <pctVal>0.114222515899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seres Group Co Ltd</name>
        <lei>3003002LTJSDNVNIPU58</lei>
        <title>Seres Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000028B9"/>
        </identifiers>
        <balance>27400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>473730.88000000</valUSD>
        <pctVal>0.084435950016</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>Plaza SA</name>
        <lei>254900IOKBBI6NWAPK83</lei>
        <title>Plaza SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CL0002456714"/>
        </identifiers>
        <balance>206980.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="900.84000000"/>
        <valUSD>732048.95000000</valUSD>
        <pctVal>0.130477558381</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Jiangsu Co Ltd</name>
        <lei>300300C1086832000046</lei>
        <title>Bank of Jiangsu Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002G76"/>
        </identifiers>
        <balance>314000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.98815000"/>
        <valUSD>467305.37000000</valUSD>
        <pctVal>0.083290692099</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>Yadea Group Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Yadea Group Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG9830F1063"/>
        </identifiers>
        <balance>354000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
        <valUSD>518517.32000000</valUSD>
        <pctVal>0.092418510936</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bid Corp Ltd</name>
        <lei>N/A</lei>
        <title>Bid Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000216537"/>
        </identifiers>
        <balance>10197.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.56000000"/>
        <valUSD>259771.04000000</valUSD>
        <pctVal>0.046300580087</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>Credicorp Ltd</name>
        <lei>529900UYAEYQCQ2BKB17</lei>
        <title>Credicorp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG2519Y1084"/>
        </identifiers>
        <balance>14013.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4021731.00000000</valUSD>
        <pctVal>0.716817695518</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JBS NV</name>
        <lei>254900JSFON4WL81TW77</lei>
        <title>JBS NV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0015002J37"/>
        </identifiers>
        <balance>69169.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>997416.98000000</valUSD>
        <pctVal>0.177775724203</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>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-01-15</ncom:dateSigned>
      <ncom:nameOfApplicant>LINCOLN VARIABLE INSURANCE PRODUCTS TRUST</ncom:nameOfApplicant>
      <ncom:signature>James Hoffmayer</ncom:signature>
      <ncom:signerName>James Hoffmayer</ncom:signerName>
      <ncom:title>VP</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
