<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd">
  <headerData>
    <submissionType>NPORT-P</submissionType>
    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0000916488</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


      <seriesClassInfo>
        <seriesId>S000013684</seriesId>
        <classId>C000037525</classId>
        <classId>C000194466</classId>
        <classId>C000037526</classId>
        <classId>C000037523</classId>
        <classId>C000037524</classId>
      </seriesClassInfo>

    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>Templeton Global Investment Trust</regName>
      <regFileNumber>811-08226</regFileNumber>
      <regCik>0000916488</regCik>
      <regLei>549300O2JVKNR6RB3F35</regLei>
      <regStreet1>300 S.E. 2nd Street</regStreet1>
      <regCity>Fort Lauderdale</regCity>
      <regStateConditional regCountry="US" regState="US-FL"/>
      <regZipOrPostalCode>33301-1923</regZipOrPostalCode>
      <regPhone>954-527-7500</regPhone>
      <seriesName>Templeton Emerging Markets Small Cap Fund</seriesName>
      <seriesId>S000013684</seriesId>
      <seriesLei>549300F5WA4ZTFPVTT19</seriesLei>
      <repPdEnd>2020-03-31</repPdEnd>
      <repPdDate>2020-03-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>389075243.45</totAssets>
      <totLiabs>2715201.31</totLiabs>
      <netAssets>386360042.14</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.00000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.00000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.00000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.00000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <cshNotRptdInCorD>0.0000000</cshNotRptdInCorD>
      <borrowers>
        <borrower aggrVal="2733556.08000000" lei="ZBUT11V806EZRVTWT807" name="JP MORGAN"/>
      </borrowers>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000037526" rtn1="-4.56621100" rtn2="-5.18343260" rtn3="-25.98821600"/>
          <monthlyTotReturn classId="C000037523" rtn1="-4.54896200" rtn2="-5.16968060" rtn3="-25.97953600"/>
          <monthlyTotReturn classId="C000037525" rtn1="-4.53477200" rtn2="-5.24158430" rtn3="-26.01557700"/>
          <monthlyTotReturn classId="C000194466" rtn1="-4.50038150" rtn2="-5.19169330" rtn3="-25.94776700"/>
          <monthlyTotReturn classId="C000037524" rtn1="-4.59770800" rtn2="-5.24959140" rtn3="-26.06722800"/>
        </monthlyTotReturns>
        <monthlyReturnCats>
          <commodityContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
          </commodityContracts>
          <creditContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
          </creditContracts>
          <equityContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
          </equityContracts>
          <foreignExchgContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
          </foreignExchgContracts>
          <interestRtContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
          </interestRtContracts>
          <otherContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </otherContracts>
        </monthlyReturnCats>
        <othMon1 netRealizedGain="-1740510.37000000" netUnrealizedAppr="-27268965.50000000"/>
        <othMon2 netRealizedGain="5099181.11000000" netUnrealizedAppr="-35887803.53000000"/>
        <othMon3 netRealizedGain="-5319231.84000000" netUnrealizedAppr="-149471481.50000000"/>
      </returnInfo>
      <mon1Flow redemption="33781157.64000000" reinvestment="-2.09000000" sales="11540029.18000000"/>
      <mon2Flow redemption="32668346.43000000" reinvestment="9.30000000" sales="8333979.59000000"/>
      <mon3Flow redemption="57507044.25000000" reinvestment="97.80000000" sales="15232275.31000000"/>

    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>INTERNATIONAL CONTAINER TERMINAL SERVICES INC ORD PHP1</name>
        <lei>254900FU1MWK0I0Q4J61</lei>
        <title>INTERNATIONAL CONTAINER TERMINAL SERVICES INC ORD PHP1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="PHY411571011"/>
          <other otherDesc="Internal Identifier" value="51062"/>
        </identifiers>
        <balance>3211720.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.90000000"/>
        <valUSD>4721816.26000000</valUSD>
        <pctVal>1.222128518737</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HOA PHAT GROUP JSC ORD VND10000</name>
        <lei>549300ODJEFGL5CWKD32</lei>
        <title>HOA PHAT GROUP JSC ORD VND10000</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000HPG4"/>
          <other otherDesc="Internal Identifier" value="438735"/>
        </identifiers>
        <balance>10410208.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="23642.50000000"/>
        <valUSD>7427361.85000000</valUSD>
        <pctVal>1.922393891682</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STOCK SPIRITS GROUP PLC ORD GBP.1</name>
        <lei>213800O218GITCJG5984</lei>
        <title>STOCK SPIRITS GROUP PLC ORD GBP.1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BF5SDZ96"/>
          <other otherDesc="Internal Identifier" value="573009"/>
        </identifiers>
        <balance>1929725.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80521780"/>
        <valUSD>3839254.75000000</valUSD>
        <pctVal>0.993698708783</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LUYE PHARMA GROUP LTD ORD HKD.02</name>
        <lei>5299009HZHEY886D5W65</lei>
        <title>LUYE PHARMA GROUP LTD ORD HKD.02</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG570071099"/>
          <other otherDesc="Internal Identifier" value="580153"/>
        </identifiers>
        <balance>9551500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75440000"/>
        <valUSD>4657074.68000000</valUSD>
        <pctVal>1.205371718618</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>FEDERAL BANK LTD ORD INR2</name>
        <lei>335800J8VWGE2HGWF417</lei>
        <title>FEDERAL BANK LTD ORD INR2</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE171A01029"/>
          <other otherDesc="Internal Identifier" value="258135"/>
        </identifiers>
        <balance>7756637.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.38500000"/>
        <valUSD>4209119.79000000</valUSD>
        <pctVal>1.089429374395</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>TRAVELSKY TECHNOLOGY LTD ORD H HKD1</name>
        <lei>5299007TAWP4DZ6QFG73</lei>
        <title>TRAVELSKY TECHNOLOGY LTD ORD H HKD1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000004J3"/>
          <other otherDesc="Internal Identifier" value="201907"/>
        </identifiers>
        <balance>584200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75440000"/>
        <valUSD>1030854.74000000</valUSD>
        <pctVal>0.266811944188</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>Zinus Inc ORD KRW 500</name>
        <lei>N/A</lei>
        <title>Zinus Inc ORD KRW 500</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7013890009"/>
          <other otherDesc="Internal Identifier" value="1016553"/>
        </identifiers>
        <balance>38941.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1224.49000000"/>
        <valUSD>1989930.94000000</valUSD>
        <pctVal>0.515045740490</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>MERIDA INDUSTRY CO LTD ORD TWD10</name>
        <lei>N/A</lei>
        <title>MERIDA INDUSTRY CO LTD ORD TWD10</title>
        <cusip>Y6020B101</cusip>
        <identifiers>
          <ticker value="9914"/>
          <other otherDesc="Internal Identifier" value="381657"/>
        </identifiers>
        <balance>2680100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="30.29300000"/>
        <valUSD>9789792.75000000</valUSD>
        <pctVal>2.533852283423</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>EQUITAS HOLDINGS LTD ORD INR10</name>
        <lei>N/A</lei>
        <title>EQUITAS HOLDINGS LTD ORD INR10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE988K01017"/>
          <other otherDesc="Internal Identifier" value="630634"/>
        </identifiers>
        <balance>3074611.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.38500000"/>
        <valUSD>1736434.64000000</valUSD>
        <pctVal>0.449434323068</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>SHIN ZU SHING CO LTD ORD TWD10</name>
        <lei>N/A</lei>
        <title>SHIN ZU SHING CO LTD ORD TWD10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0003376000"/>
          <other otherDesc="Internal Identifier" value="379198"/>
        </identifiers>
        <balance>1464000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="30.29300000"/>
        <valUSD>5583440.23000000</valUSD>
        <pctVal>1.445139150279</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>VIETNAM CONTAINER SHIPPING JSC ORD VND10000</name>
        <lei>N/A</lei>
        <title>VIETNAM CONTAINER SHIPPING JSC ORD VND10000</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000VSC8"/>
          <other otherDesc="Internal Identifier" value="423219"/>
        </identifiers>
        <balance>1605540.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="23642.50000000"/>
        <valUSD>1393638.90000000</valUSD>
        <pctVal>0.360709894398</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MEDY-TOX INC ORD KRW500</name>
        <lei>N/A</lei>
        <title>MEDY-TOX INC ORD KRW500</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7086900008"/>
          <other otherDesc="Internal Identifier" value="438508"/>
        </identifiers>
        <balance>28008.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1224.49000000"/>
        <valUSD>4532648.48000000</valUSD>
        <pctVal>1.173166990792</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>LUK FOOK HOLDINGS INTERNATIONAL LTD ORD HKD.1</name>
        <lei>529900U7PECBLERIIX44</lei>
        <title>LUK FOOK HOLDINGS INTERNATIONAL LTD ORD HKD.1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG5695X1258"/>
          <other otherDesc="Internal Identifier" value="402939"/>
        </identifiers>
        <balance>3888000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75440000"/>
        <valUSD>7833522.73000000</valUSD>
        <pctVal>2.027518862098</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>AMVIG HOLDINGS LTD ORD HKD.01</name>
        <lei>875500RWR0FZ6SAD6P72</lei>
        <title>AMVIG HOLDINGS LTD ORD HKD.01</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG0420V1068"/>
          <other otherDesc="Internal Identifier" value="432048"/>
        </identifiers>
        <balance>5566000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75440000"/>
        <valUSD>1062563.12000000</valUSD>
        <pctVal>0.275018895358</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>HATTON NATIONAL BANK PLC ORD LKR NPV</name>
        <lei>2549005Q9UPJZP9QN894</lei>
        <title>HATTON NATIONAL BANK PLC ORD LKR NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="LK0078N00002"/>
          <other otherDesc="Internal Identifier" value="481893"/>
        </identifiers>
        <balance>3525392.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="LKR" exchangeRt="188.25000000"/>
        <valUSD>1901828.68000000</valUSD>
        <pctVal>0.492242590477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PACIFIC HOSPITAL SUPPLY CO LTD ORD TWD10</name>
        <lei>N/A</lei>
        <title>PACIFIC HOSPITAL SUPPLY CO LTD ORD TWD10</title>
        <cusip>Y6610N101</cusip>
        <identifiers>
          <ticker value="4126"/>
          <other otherDesc="Internal Identifier" value="492823"/>
        </identifiers>
        <balance>822000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="30.29300000"/>
        <valUSD>2048083.76000000</valUSD>
        <pctVal>0.530097198627</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>DMCI HOLDINGS INC ORD PHP1</name>
        <lei>N/A</lei>
        <title>DMCI HOLDINGS INC ORD PHP1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="PHY2088F1004"/>
          <other otherDesc="Internal Identifier" value="403820"/>
        </identifiers>
        <balance>15192600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="50.90000000"/>
        <valUSD>1127260.42000000</valUSD>
        <pctVal>0.291764234664</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JU TENG INTERNATIONAL HOLDINGS LTD ORD HKD.1</name>
        <lei>N/A</lei>
        <title>JU TENG INTERNATIONAL HOLDINGS LTD ORD HKD.1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG521051063"/>
          <other otherDesc="Internal Identifier" value="392888"/>
        </identifiers>
        <balance>17184000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75440000"/>
        <valUSD>3169641.35000000</valUSD>
        <pctVal>0.820385392972</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>FIT Hon Teng Ltd ORD HKD 0.01953125</name>
        <lei>3003001IDFNIKMGLFJ67</lei>
        <title>FIT Hon Teng Ltd ORD HKD 0.01953125</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG3R83K1037"/>
          <other otherDesc="Internal Identifier" value="810460"/>
        </identifiers>
        <balance>25437900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75440000"/>
        <valUSD>5446771.62000000</valUSD>
        <pctVal>1.409765769211</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>PCHOME ONLINE INC ORD TWD10</name>
        <lei>N/A</lei>
        <title>PCHOME ONLINE INC ORD TWD10</title>
        <cusip>Y6801R101</cusip>
        <identifiers>
          <ticker value="8044"/>
          <other otherDesc="Internal Identifier" value="478916"/>
        </identifiers>
        <balance>2081035.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="30.29300000"/>
        <valUSD>4780082.48000000</valUSD>
        <pctVal>1.237209327735</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>MONETA MONEY BANK AS ORD CZK 20</name>
        <lei>I6USJ58BDV2BO5KP3C31</lei>
        <title>MONETA MONEY BANK AS ORD CZK 20</title>
        <cusip>X3R0GS100</cusip>
        <identifiers>
          <ticker value="MONET"/>
          <other otherDesc="Internal Identifier" value="633308"/>
        </identifiers>
        <balance>1278684.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CZK" exchangeRt="24.70050000"/>
        <valUSD>2643779.47000000</valUSD>
        <pctVal>0.684278699048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARAMEX PJSC ORD AED1</name>
        <lei>N/A</lei>
        <title>ARAMEX PJSC ORD AED1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AEA002301017"/>
          <other otherDesc="Internal Identifier" value="414307"/>
        </identifiers>
        <balance>9576064.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.67315000"/>
        <valUSD>5891919.64000000</valUSD>
        <pctVal>1.524981622676</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>Georgia Capital PLC ORD GBP 12.7</name>
        <lei>213800Q65T5GNBOW7H65</lei>
        <title>Georgia Capital PLC ORD GBP 12.7</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BF4HYV08"/>
          <other otherDesc="Internal Identifier" value="877185"/>
        </identifiers>
        <balance>163865.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80521780"/>
        <valUSD>867626.54000000</valUSD>
        <pctVal>0.224564252347</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MANDO CORP ORD KRW1000</name>
        <lei>988400P5GM9DGVVOJQ79</lei>
        <title>MANDO CORP ORD KRW1000</title>
        <cusip>Y5762B113</cusip>
        <identifiers>
          <ticker value="204320"/>
          <other otherDesc="Internal Identifier" value="588852"/>
        </identifiers>
        <balance>156920.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1224.49000000"/>
        <valUSD>2664351.39000000</valUSD>
        <pctVal>0.689603245522</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>SER EDUCACIONAL SA ORD BRL NPV</name>
        <lei>N/A</lei>
        <title>SER EDUCACIONAL SA ORD BRL NPV</title>
        <cusip>P8T84T100</cusip>
        <identifiers>
          <ticker value="SEER3"/>
          <other otherDesc="Internal Identifier" value="562382"/>
        </identifiers>
        <balance>902500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.18030000"/>
        <valUSD>2627772.38000000</valUSD>
        <pctVal>0.680135648977</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>DYNASTY CERAMIC PCL ORD THB.1 (FGN)</name>
        <lei>N/A</lei>
        <title>DYNASTY CERAMIC PCL ORD THB.1 (FGN)</title>
        <cusip>Y2185G159</cusip>
        <identifiers>
          <ticker value="DCC/F"/>
          <other otherDesc="Internal Identifier" value="522850"/>
        </identifiers>
        <balance>23444540.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="32.65000000"/>
        <valUSD>956258.34000000</valUSD>
        <pctVal>0.247504461047</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>SODA SANAYII AS ORD TRY1</name>
        <lei>7890003F5C19ALZBS418</lei>
        <title>SODA SANAYII AS ORD TRY1</title>
        <cusip>M9067M108</cusip>
        <identifiers>
          <ticker value="SODA"/>
          <other otherDesc="Internal Identifier" value="374718"/>
        </identifiers>
        <balance>3397306.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="6.58320000"/>
        <valUSD>2616971.21000000</valUSD>
        <pctVal>0.677340026029</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vincom Retail JSC ORD VND 10000</name>
        <lei>N/A</lei>
        <title>Vincom Retail JSC ORD VND 10000</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000VRE6"/>
          <other otherDesc="Internal Identifier" value="813744"/>
        </identifiers>
        <balance>5031402.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="23642.50000000"/>
        <valUSD>4079745.45000000</valUSD>
        <pctVal>1.055943939596</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XINYI SOLAR HOLDINGS LTD ORD HKD NPV</name>
        <lei>529900QF7VIH03SB7Q08</lei>
        <title>XINYI SOLAR HOLDINGS LTD ORD HKD NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG9829N1025"/>
          <other otherDesc="Internal Identifier" value="565782"/>
        </identifiers>
        <balance>13965247.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75440000"/>
        <valUSD>7907932.68000000</valUSD>
        <pctVal>2.046778087143</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>JK CEMENT LTD ORD INR10</name>
        <lei>335800IECEF3EIDGF809</lei>
        <title>JK CEMENT LTD ORD INR10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE823G01014"/>
          <other otherDesc="Internal Identifier" value="359908"/>
        </identifiers>
        <balance>424370.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.38500000"/>
        <valUSD>5273908.07000000</valUSD>
        <pctVal>1.365024198876</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>TISCO FINANCIAL GROUP PCL ORD THB10 (FGN)</name>
        <lei>529900OOUQI3OWX2WU06</lei>
        <title>TISCO FINANCIAL GROUP PCL ORD THB10 (FGN)</title>
        <cusip>Y8843E171</cusip>
        <identifiers>
          <ticker value="TISCO/F"/>
          <other otherDesc="Internal Identifier" value="437652"/>
        </identifiers>
        <balance>1843400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="32.65000000"/>
        <valUSD>3931676.72000000</valUSD>
        <pctVal>1.017619911785</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>MAJOR CINEPLEX GROUP PCL ORD THB1 (FGN)</name>
        <lei>529900PH2X6YH1YMV287</lei>
        <title>MAJOR CINEPLEX GROUP PCL ORD THB1 (FGN)</title>
        <cusip>Y54190130</cusip>
        <identifiers>
          <ticker value="MAJOR/F"/>
          <other otherDesc="Internal Identifier" value="487708"/>
        </identifiers>
        <balance>5920300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="32.65000000"/>
        <valUSD>2423748.61000000</valUSD>
        <pctVal>0.627329005498</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>I-SENS INC ORD KRW500</name>
        <lei>N/A</lei>
        <title>I-SENS INC ORD KRW500</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7099190001"/>
          <other otherDesc="Internal Identifier" value="546902"/>
        </identifiers>
        <balance>181746.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1224.49000000"/>
        <valUSD>3026242.71000000</valUSD>
        <pctVal>0.783270105582</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>REDINGTON INDIA LTD ORD INR2</name>
        <lei>335800DTFNX7F2LM5227</lei>
        <title>REDINGTON INDIA LTD ORD INR2</title>
        <cusip>Y72020111</cusip>
        <identifiers>
          <ticker value="REDI"/>
          <other otherDesc="Internal Identifier" value="394610"/>
        </identifiers>
        <balance>5749387.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.38500000"/>
        <valUSD>5208040.14000000</valUSD>
        <pctVal>1.347975870163</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>BAJAJ HOLDINGS &amp; INVESTMENT LTD ORD INR10 (DEMAT)</name>
        <lei>335800NL7NWD9IPOHL48</lei>
        <title>BAJAJ HOLDINGS &amp; INVESTMENT LTD ORD INR10 (DEMAT)</title>
        <cusip>Y0546X143</cusip>
        <identifiers>
          <ticker value="BJHI"/>
          <other otherDesc="Internal Identifier" value="55542"/>
        </identifiers>
        <balance>555344.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.38500000"/>
        <valUSD>13253497.40000000</valUSD>
        <pctVal>3.430348885612</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>INTERCORP FINANCIAL SERVICES INC ORD USD10</name>
        <lei>5299004181WFTEWB1398</lei>
        <title>INTERCORP FINANCIAL SERVICES INC ORD USD10</title>
        <cusip>P5626F102</cusip>
        <identifiers>
          <ticker value="IFS"/>
          <other otherDesc="Internal Identifier" value="391482"/>
        </identifiers>
        <balance>162200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4857890.00000000</valUSD>
        <pctVal>1.257347932020</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RICHTER GEDEON NYRT ORD HUF100</name>
        <lei>549300J6ZJW5IH4WEE46</lei>
        <title>RICHTER GEDEON NYRT ORD HUF100</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="HU0000123096"/>
          <other otherDesc="Internal Identifier" value="36163"/>
        </identifiers>
        <balance>581870.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HUF" exchangeRt="324.82500000"/>
        <valUSD>10945735.85000000</valUSD>
        <pctVal>2.833040339620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WIZZ AIR HOLDINGS PLC ORD GBP.0001</name>
        <lei>213800COXGZCORLJZA85</lei>
        <title>WIZZ AIR HOLDINGS PLC ORD GBP.0001</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JE00BN574F90"/>
          <other otherDesc="Internal Identifier" value="641144"/>
        </identifiers>
        <balance>16494.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80521780"/>
        <valUSD>463985.37000000</valUSD>
        <pctVal>0.120091448233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PHARMAESSENTIA CORP ORD TWD10</name>
        <lei>N/A</lei>
        <title>PHARMAESSENTIA CORP ORD TWD10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0006446008"/>
          <other otherDesc="Internal Identifier" value="655240"/>
        </identifiers>
        <balance>2369200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="30.29300000"/>
        <valUSD>5223870.66000000</valUSD>
        <pctVal>1.352073219338</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>SILICON WORKS CO LTD ORD KRW500</name>
        <lei>N/A</lei>
        <title>SILICON WORKS CO LTD ORD KRW500</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7108320003"/>
          <other otherDesc="Internal Identifier" value="469135"/>
        </identifiers>
        <balance>259984.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1224.49000000"/>
        <valUSD>5875043.43000000</valUSD>
        <pctVal>1.520613621806</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>FLYTECH TECHNOLOGY CO LTD ORD TWD10</name>
        <lei>N/A</lei>
        <title>FLYTECH TECHNOLOGY CO LTD ORD TWD10</title>
        <cusip>Y2572Z109</cusip>
        <identifiers>
          <ticker value="6206"/>
          <other otherDesc="Internal Identifier" value="406144"/>
        </identifiers>
        <balance>2051220.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="30.29300000"/>
        <valUSD>4025939.45000000</valUSD>
        <pctVal>1.042017551220</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>FANHUA INC SPONSORED ADR</name>
        <lei>254900NUPTYHZ8HHTK43</lei>
        <title>FANHUA INC SPONSORED ADR</title>
        <cusip>30712A103</cusip>
        <identifiers>
          <ticker value="FANH"/>
          <other otherDesc="Internal Identifier" value="403624"/>
        </identifiers>
        <balance>64600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1299752.00000000</valUSD>
        <pctVal>0.336409529515</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>7-ELEVEN MALAYSIA HOLDINGS BHD ORD MYR NPV</name>
        <lei>N/A</lei>
        <title>7-ELEVEN MALAYSIA HOLDINGS BHD ORD MYR NPV</title>
        <cusip>Y76786105</cusip>
        <identifiers>
          <ticker value="SEM"/>
          <other otherDesc="Internal Identifier" value="576469"/>
        </identifiers>
        <balance>7817103.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.33250000"/>
        <valUSD>2463505.99000000</valUSD>
        <pctVal>0.637619246637</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>IT LTD ORD HKD.1</name>
        <lei>N/A</lei>
        <title>IT LTD ORD HKD.1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG4977W1038"/>
          <other otherDesc="Internal Identifier" value="328593"/>
        </identifiers>
        <balance>12576295.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75440000"/>
        <valUSD>2173738.70000000</valUSD>
        <pctVal>0.562619956235</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>GRUPO HERDEZ SAB DE CV ORD MXN NPV</name>
        <lei>4469000001BQVIMOLQ55</lei>
        <title>GRUPO HERDEZ SAB DE CV ORD MXN NPV</title>
        <cusip>P4951Q155</cusip>
        <identifiers>
          <ticker value="HERDEZ*"/>
          <other otherDesc="Internal Identifier" value="477579"/>
        </identifiers>
        <balance>2390380.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="24.04450000"/>
        <valUSD>2956652.40000000</valUSD>
        <pctVal>0.765258328377</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>AREZZO INDUSTRIA E COMERCIO SA ORD BRL NPV</name>
        <lei>N/A</lei>
        <title>AREZZO INDUSTRIA E COMERCIO SA ORD BRL NPV</title>
        <cusip>P04508100</cusip>
        <identifiers>
          <ticker value="ARZZ3"/>
          <other otherDesc="Internal Identifier" value="487337"/>
        </identifiers>
        <balance>236100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.18030000"/>
        <valUSD>1675215.68000000</valUSD>
        <pctVal>0.433589268372</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>JNBY DESIGN LTD ORD HKD.01</name>
        <lei>N/A</lei>
        <title>JNBY DESIGN LTD ORD HKD.01</title>
        <cusip>G55044104</cusip>
        <identifiers>
          <ticker value="3306"/>
          <other otherDesc="Internal Identifier" value="649417"/>
        </identifiers>
        <balance>3229000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75440000"/>
        <valUSD>2819723.58000000</valUSD>
        <pctVal>0.729817598212</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>HEXINDO ADIPERKASA TBK PT ORD IDR100</name>
        <lei>529900E3L3047KZDIM24</lei>
        <title>HEXINDO ADIPERKASA TBK PT ORD IDR100</title>
        <cusip>Y71253150</cusip>
        <identifiers>
          <ticker value="HEXA"/>
          <other otherDesc="Internal Identifier" value="478925"/>
        </identifiers>
        <balance>13003900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="16337.50000000"/>
        <valUSD>1801889.27000000</valUSD>
        <pctVal>0.466375679021</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FPT CORP ORD VND10000</name>
        <lei>N/A</lei>
        <title>FPT CORP ORD VND10000</title>
        <cusip>Y26333107</cusip>
        <identifiers>
          <ticker value="FPT"/>
          <other otherDesc="Internal Identifier" value="430656"/>
        </identifiers>
        <balance>3056198.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="23642.50000000"/>
        <valUSD>5318615.31000000</valUSD>
        <pctVal>1.376595592168</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TATA CHEMICALS LTD ORD INR10 (DEMAT)</name>
        <lei>335800H6MURUA6FBOW17</lei>
        <title>TATA CHEMICALS LTD ORD INR10 (DEMAT)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE092A01019"/>
          <other otherDesc="Internal Identifier" value="54001"/>
        </identifiers>
        <balance>1534000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.38500000"/>
        <valUSD>4518446.52000000</valUSD>
        <pctVal>1.169491155185</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>MAIL.RU GROUP LTD GDR</name>
        <lei>2138009IXUP41SPL5B50</lei>
        <title>MAIL.RU GROUP LTD GDR</title>
        <cusip>560317208</cusip>
        <identifiers>
          <ticker value="MAIL"/>
          <other otherDesc="Internal Identifier" value="481214"/>
        </identifiers>
        <balance>123126.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1979044.69000000</valUSD>
        <pctVal>0.512228096631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VIEWORKS CO LTD ORD KRW500</name>
        <lei>N/A</lei>
        <title>VIEWORKS CO LTD ORD KRW500</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7100120005"/>
          <other otherDesc="Internal Identifier" value="465563"/>
        </identifiers>
        <balance>151355.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1224.49000000"/>
        <valUSD>3811342.74000000</valUSD>
        <pctVal>0.986474356636</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>NOVATEK MICROELECTRONICS CORP ORD TWD10</name>
        <lei>N/A</lei>
        <title>NOVATEK MICROELECTRONICS CORP ORD TWD10</title>
        <cusip>Y64153102</cusip>
        <identifiers>
          <ticker value="3034"/>
          <other otherDesc="Internal Identifier" value="317586"/>
        </identifiers>
        <balance>2370000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="30.29300000"/>
        <valUSD>13346860.91000000</valUSD>
        <pctVal>3.454513783587</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>MASAN GROUP CORP ORD VND10000</name>
        <lei>254900M1892CMJ87XD24</lei>
        <title>MASAN GROUP CORP ORD VND10000</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000MSN4"/>
          <other otherDesc="Internal Identifier" value="457647"/>
        </identifiers>
        <balance>902560.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="23642.50000000"/>
        <valUSD>1872610.41000000</valUSD>
        <pctVal>0.484680144361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VARDHMAN TEXTILES LTD ORD INR10</name>
        <lei>335800IFKRZHE2RKM206</lei>
        <title>VARDHMAN TEXTILES LTD ORD INR10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE825A01012"/>
          <other otherDesc="Internal Identifier" value="290981"/>
        </identifiers>
        <balance>468044.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.38500000"/>
        <valUSD>3849267.53000000</valUSD>
        <pctVal>0.996290275950</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>IFT MONEY MARKET PORTFOLIO OEMF-SWEEP MONEY MARKET PORTFOLIO</name>
        <lei>N/A</lei>
        <title>IFT MONEY MARKET PORTFOLIO OEMF-SWEEP MONEY MARKET PORTFOLIO</title>
        <cusip>457756500</cusip>
        <identifiers>
          <ticker value="INFXX"/>
          <other otherDesc="Internal Identifier" value="170875"/>
        </identifiers>
        <balance>4660837.87400000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4660837.87000000</valUSD>
        <pctVal>1.206345729797</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</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>SEBANG GLOBAL BATTERY CO LTD ORD KRW500</name>
        <lei>N/A</lei>
        <title>SEBANG GLOBAL BATTERY CO LTD ORD KRW500</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7004490009"/>
          <other otherDesc="Internal Identifier" value="431954"/>
        </identifiers>
        <balance>147555.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1224.49000000"/>
        <valUSD>3146807.20000000</valUSD>
        <pctVal>0.814475322699</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>HANS BIOMED CORP ORD KRW500</name>
        <lei>N/A</lei>
        <title>HANS BIOMED CORP ORD KRW500</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7042520007"/>
          <other otherDesc="Internal Identifier" value="591250"/>
        </identifiers>
        <balance>377591.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1224.49000000"/>
        <valUSD>5915587.17000000</valUSD>
        <pctVal>1.531107393309</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>CHINASOFT INTERNATIONAL LTD ORD HKD.05</name>
        <lei>N/A</lei>
        <title>CHINASOFT INTERNATIONAL LTD ORD HKD.05</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG2110A1114"/>
          <other otherDesc="Internal Identifier" value="479228"/>
        </identifiers>
        <balance>8008000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75440000"/>
        <valUSD>4183395.36000000</valUSD>
        <pctVal>1.082771224692</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>UNI-PRESIDENT CHINA HOLDINGS LTD ORD HKD.01</name>
        <lei>529900JUA05094TOKA73</lei>
        <title>UNI-PRESIDENT CHINA HOLDINGS LTD ORD HKD.01</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG9222R1065"/>
          <other otherDesc="Internal Identifier" value="407144"/>
        </identifiers>
        <balance>2944000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75440000"/>
        <valUSD>2855653.23000000</valUSD>
        <pctVal>0.739117123546</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>XTEP INTERNATIONAL HOLDINGS LTD ORD HKD.01</name>
        <lei>529900ZZZZBTOKZQI549</lei>
        <title>XTEP INTERNATIONAL HOLDINGS LTD ORD HKD.01</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG982771092"/>
          <other otherDesc="Internal Identifier" value="434107"/>
        </identifiers>
        <balance>11349937.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75440000"/>
        <valUSD>3733218.88000000</valUSD>
        <pctVal>0.966253875354</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>TTY BIOPHARM CO LTD ORD TWD10</name>
        <lei>N/A</lei>
        <title>TTY BIOPHARM CO LTD ORD TWD10</title>
        <cusip>Y90017107</cusip>
        <identifiers>
          <ticker value="4105"/>
          <other otherDesc="Internal Identifier" value="406539"/>
        </identifiers>
        <balance>1228900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="30.29300000"/>
        <valUSD>2504278.10000000</valUSD>
        <pctVal>0.648172126219</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>NEMAK SAB DE CV ORD MXN NPV</name>
        <lei>5493000MY3DAIB0BP706</lei>
        <title>NEMAK SAB DE CV ORD MXN NPV</title>
        <cusip>P71340106</cusip>
        <identifiers>
          <ticker value="NEMAKA"/>
          <other otherDesc="Internal Identifier" value="608446"/>
        </identifiers>
        <balance>6720300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="24.04450000"/>
        <valUSD>1120380.08000000</valUSD>
        <pctVal>0.289983424216</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>EMBOTELLADORA ANDINA SA PFD NPV A SHARE</name>
        <lei>254900NNPKP1J9XTSA53</lei>
        <title>EMBOTELLADORA ANDINA SA PFD NPV A SHARE</title>
        <cusip>P3697U108</cusip>
        <identifiers>
          <ticker value="ANDINAA"/>
          <other otherDesc="Internal Identifier" value="45481"/>
        </identifiers>
        <balance>1250500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="858.45500000"/>
        <valUSD>2191411.93000000</valUSD>
        <pctVal>0.567194246553</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</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>HANKOOK TECHNOLOGY GROUP CO LTD ORD KRW500</name>
        <lei>N/A</lei>
        <title>HANKOOK TECHNOLOGY GROUP CO LTD ORD KRW500</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7000240002"/>
          <other otherDesc="Internal Identifier" value="205510"/>
        </identifiers>
        <balance>656000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1224.49000000"/>
        <valUSD>4600582.37000000</valUSD>
        <pctVal>1.190750043539</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>Health &amp; Happiness H&amp;H International Holdings Ltd ORD HKD 0.01</name>
        <lei>2138007WU5DJFZFDDV59</lei>
        <title>Health &amp; Happiness H&amp;H International Holdings Ltd ORD HKD 0.01</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG4387E1070"/>
          <other otherDesc="Internal Identifier" value="483253"/>
        </identifiers>
        <balance>4268300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75440000"/>
        <valUSD>15773547.75000000</valUSD>
        <pctVal>4.082603279219</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>MASSMART HOLDINGS LTD ORD ZAR1</name>
        <lei>N/A</lei>
        <title>MASSMART HOLDINGS LTD ORD ZAR1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000152617"/>
          <other otherDesc="Internal Identifier" value="496300"/>
        </identifiers>
        <balance>801259.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.91750000"/>
        <valUSD>1218033.10000000</valUSD>
        <pctVal>0.315258558637</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>APOLLO TYRES LTD ORD INR1</name>
        <lei>335800W2PJ4XBSHQYC34</lei>
        <title>APOLLO TYRES LTD ORD INR1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE438A01022"/>
          <other otherDesc="Internal Identifier" value="279187"/>
        </identifiers>
        <balance>2309524.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.38500000"/>
        <valUSD>2427483.99000000</valUSD>
        <pctVal>0.628295818727</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>BAOZUN INC SPONSORED ADR</name>
        <lei>549300IF0HZ7T4762633</lei>
        <title>BAOZUN INC SPONSORED ADR</title>
        <cusip>06684L103</cusip>
        <identifiers>
          <ticker value="BZUN"/>
          <other otherDesc="Internal Identifier" value="604728"/>
        </identifiers>
        <balance>290861.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8126656.34000000</valUSD>
        <pctVal>2.103389443428</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="2733556.08000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EGYPTIAN INTERNATIONAL PHARMACEUTICALS EIPICO ORD EGP10</name>
        <lei>N/A</lei>
        <title>EGYPTIAN INTERNATIONAL PHARMACEUTICALS EIPICO ORD EGP10</title>
        <cusip>M3391Y102</cusip>
        <identifiers>
          <ticker value="PHAR"/>
          <other otherDesc="Internal Identifier" value="303465"/>
        </identifiers>
        <balance>297837.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EGP" exchangeRt="15.77500000"/>
        <valUSD>1135337.99000000</valUSD>
        <pctVal>0.293854919290</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>INTEROJO CO LTD ORD KRW500</name>
        <lei>N/A</lei>
        <title>INTEROJO CO LTD ORD KRW500</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7119610004"/>
          <other otherDesc="Internal Identifier" value="541747"/>
        </identifiers>
        <balance>117982.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1224.49000000"/>
        <valUSD>2129027.60000000</valUSD>
        <pctVal>0.551047563875</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>AMICA SA ORD PLN2</name>
        <lei>259400IUQZHB2GOLIV25</lei>
        <title>AMICA SA ORD PLN2</title>
        <cusip>X01426109</cusip>
        <identifiers>
          <ticker value="AMC"/>
          <other otherDesc="Internal Identifier" value="577309"/>
        </identifiers>
        <balance>43768.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="4.10780000"/>
        <valUSD>891972.05000000</valUSD>
        <pctVal>0.230865501789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eastern Co SAE ORD EGP 1</name>
        <lei>N/A</lei>
        <title>Eastern Co SAE ORD EGP 1</title>
        <cusip>M2932V106</cusip>
        <identifiers>
          <ticker value="EAST"/>
          <other otherDesc="Internal Identifier" value="47349"/>
        </identifiers>
        <balance>5233095.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EGP" exchangeRt="15.77500000"/>
        <valUSD>4109342.71000000</valUSD>
        <pctVal>1.063604478154</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>NOAH HOLDINGS LTD SPONSORED ADR</name>
        <lei>N/A</lei>
        <title>NOAH HOLDINGS LTD SPONSORED ADR</title>
        <cusip>65487X102</cusip>
        <identifiers>
          <ticker value="NOAH"/>
          <other otherDesc="Internal Identifier" value="481483"/>
        </identifiers>
        <balance>174682.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4517276.52000000</valUSD>
        <pctVal>1.169188328839</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>HEMAS HOLDINGS PLC ORD LKR NPV</name>
        <lei>N/A</lei>
        <title>HEMAS HOLDINGS PLC ORD LKR NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="LK0337N00002"/>
          <other otherDesc="Internal Identifier" value="494584"/>
        </identifiers>
        <balance>15513186.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="LKR" exchangeRt="188.25000000"/>
        <valUSD>5060972.13000000</valUSD>
        <pctVal>1.309910854644</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DURATEX SA ORD BRL NPV</name>
        <lei>N/A</lei>
        <title>DURATEX SA ORD BRL NPV</title>
        <cusip>P3593G146</cusip>
        <identifiers>
          <ticker value="DTEX3"/>
          <other otherDesc="Internal Identifier" value="425271"/>
        </identifiers>
        <balance>2889000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.18030000"/>
        <valUSD>5198293.03000000</valUSD>
        <pctVal>1.345453065282</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>MOUWASAT MEDICAL SERVICES CO ORD SAR10</name>
        <lei>N/A</lei>
        <title>MOUWASAT MEDICAL SERVICES CO ORD SAR10</title>
        <cusip>M7065G107</cusip>
        <identifiers>
          <ticker value="MOUWASAT"/>
          <other otherDesc="Internal Identifier" value="533762"/>
        </identifiers>
        <balance>408974.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75700000"/>
        <valUSD>9070206.91000000</valUSD>
        <pctVal>2.347604803996</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Georgia Healthcare Group PLC ORD GBP 0.01 144A REG S</name>
        <lei>213800RJGJDDZENQER80</lei>
        <title>Georgia Healthcare Group PLC ORD GBP 0.01 144A REG S</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BYSS4K11"/>
          <other otherDesc="Internal Identifier" value="807403"/>
        </identifiers>
        <balance>1097145.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.80521780"/>
        <valUSD>1052833.80000000</valUSD>
        <pctVal>0.272500694991</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IMAX CORP ORD USD1</name>
        <lei>5493002KS2T1Q0X7VZ21</lei>
        <title>IMAX CORP ORD USD1</title>
        <cusip>45245E109</cusip>
        <identifiers>
          <ticker value="IMAX"/>
          <other otherDesc="Internal Identifier" value="38229"/>
        </identifiers>
        <balance>620831.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5618520.55000000</valUSD>
        <pctVal>1.454218846980</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PRIMAX ELECTRONICS LTD ORD TWD10</name>
        <lei>254900JO4CQFFG7AIQ15</lei>
        <title>PRIMAX ELECTRONICS LTD ORD TWD10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0004915004"/>
          <other otherDesc="Internal Identifier" value="496376"/>
        </identifiers>
        <balance>7701100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="30.29300000"/>
        <valUSD>9743428.31000000</valUSD>
        <pctVal>2.521851963788</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>Tata Consumer Products Ltd ORD INR1 (DEMAT)</name>
        <lei>335800LOXFWU8ZQJMD12</lei>
        <title>Tata Consumer Products Ltd ORD INR1 (DEMAT)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE192A01025"/>
          <other otherDesc="Internal Identifier" value="208041"/>
        </identifiers>
        <balance>1748760.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.38500000"/>
        <valUSD>6816545.56000000</valUSD>
        <pctVal>1.764298792971</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>Huami Corp SPONSORED ADR</name>
        <lei>N/A</lei>
        <title>Huami Corp SPONSORED ADR</title>
        <cusip>44331K103</cusip>
        <identifiers>
          <ticker value="HMI"/>
          <other otherDesc="Internal Identifier" value="1026282"/>
        </identifiers>
        <balance>257184.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3374254.08000000</valUSD>
        <pctVal>0.873344474576</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>HUAXIN CEMENT CO LTD ORD CNY1 B</name>
        <lei>300300SD5S95ZOS05G37</lei>
        <title>HUAXIN CEMENT CO LTD ORD CNY1 B</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE000000HL8"/>
          <other otherDesc="Internal Identifier" value="407257"/>
        </identifiers>
        <balance>4503858.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6899910.46000000</valUSD>
        <pctVal>1.785875791342</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>UAC OF NIGERIA PLC ORD NGN.5</name>
        <lei>0292002296E7G4H6E736</lei>
        <title>UAC OF NIGERIA PLC ORD NGN.5</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NGUACN000006"/>
          <other otherDesc="Internal Identifier" value="380009"/>
        </identifiers>
        <balance>45432007.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NGN" exchangeRt="380.00000000"/>
        <valUSD>864519.82000000</valUSD>
        <pctVal>0.223760152631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dalmia Bharat Ltd ORD 2</name>
        <lei>N/A</lei>
        <title>Dalmia Bharat Ltd ORD 2</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE00R701025"/>
          <other otherDesc="Internal Identifier" value="946971"/>
        </identifiers>
        <balance>349776.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.38500000"/>
        <valUSD>2282939.85000000</valUSD>
        <pctVal>0.590884046226</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>DO &amp; CO AG ORD TRY NPV</name>
        <lei>5299002NFQKOBT1E8569</lei>
        <title>DO &amp; CO AG ORD TRY NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AT0000818802"/>
          <other otherDesc="Internal Identifier" value="482356"/>
        </identifiers>
        <balance>45714.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="6.58320000"/>
        <valUSD>1823535.07000000</valUSD>
        <pctVal>0.471978173493</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GRENDENE SA ORD BRL 1</name>
        <lei>N/A</lei>
        <title>GRENDENE SA ORD BRL 1</title>
        <cusip>P49516100</cusip>
        <identifiers>
          <ticker value="GRND3"/>
          <other otherDesc="Internal Identifier" value="349678"/>
        </identifiers>
        <balance>1544611.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.18030000"/>
        <valUSD>2238286.65000000</valUSD>
        <pctVal>0.579326639888</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>GLENMARK PHARMACEUTICALS LTD ORD INR2</name>
        <lei>335800WKECZXIIT9GK20</lei>
        <title>GLENMARK PHARMACEUTICALS LTD ORD INR2</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE935A01035"/>
          <other otherDesc="Internal Identifier" value="336270"/>
        </identifiers>
        <balance>1197798.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.38500000"/>
        <valUSD>3259221.07000000</valUSD>
        <pctVal>0.843570947955</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>COSCO SHIPPING Ports Ltd ORD HKD.1</name>
        <lei>5299008QX6KA3JHWK507</lei>
        <title>COSCO SHIPPING Ports Ltd ORD HKD.1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG2442N1048"/>
          <other otherDesc="Internal Identifier" value="62705"/>
        </identifiers>
        <balance>3807506.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.75440000"/>
        <valUSD>1836800.63000000</valUSD>
        <pctVal>0.475411644492</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>ST SHINE OPTICAL CO LTD ORD TWD10</name>
        <lei>N/A</lei>
        <title>ST SHINE OPTICAL CO LTD ORD TWD10</title>
        <cusip>Y8176Z106</cusip>
        <identifiers>
          <ticker value="1565"/>
          <other otherDesc="Internal Identifier" value="359121"/>
        </identifiers>
        <balance>236000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="30.29300000"/>
        <valUSD>2398025.28000000</valUSD>
        <pctVal>0.620671140503</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>INTEGRATED DIAGNOSTICS HOLDINGS PLC ORD USD 1</name>
        <lei>2138007JN9NUWKKTS790</lei>
        <title>INTEGRATED DIAGNOSTICS HOLDINGS PLC ORD USD 1</title>
        <cusip>G4836Q107</cusip>
        <identifiers>
          <ticker value="IDHC"/>
          <other otherDesc="Internal Identifier" value="602726"/>
        </identifiers>
        <balance>1049430.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3472215.14000000</valUSD>
        <pctVal>0.898699337738</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fila Holdings Corp ORD KRW 1000</name>
        <lei>N/A</lei>
        <title>Fila Holdings Corp ORD KRW 1000</title>
        <cusip>Y2484W103</cusip>
        <identifiers>
          <ticker value="081660"/>
          <other otherDesc="Internal Identifier" value="476841"/>
        </identifiers>
        <balance>297663.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1224.49000000"/>
        <valUSD>7092736.87000000</valUSD>
        <pctVal>1.835784267626</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>Mavi Giyim Sanayi Ve Ticaret AS ORD TRY NPV CL B 144A</name>
        <lei>7890004V7753Z4N1L403</lei>
        <title>Mavi Giyim Sanayi Ve Ticaret AS ORD TRY NPV CL B 144A</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TREMAVI00037"/>
          <other otherDesc="Internal Identifier" value="809403"/>
        </identifiers>
        <balance>521341.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="6.58320000"/>
        <valUSD>2634548.03000000</valUSD>
        <pctVal>0.681889362939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ECLAT TEXTILE CO LTD ORD TWD10</name>
        <lei>N/A</lei>
        <title>ECLAT TEXTILE CO LTD ORD TWD10</title>
        <cusip>Y2237Y109</cusip>
        <identifiers>
          <ticker value="1476"/>
          <other otherDesc="Internal Identifier" value="492678"/>
        </identifiers>
        <balance>544400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="30.29300000"/>
        <valUSD>4304617.55000000</valUSD>
        <pctVal>1.114146671627</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>
    </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>2020-04-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Robert Kubilis</ncom:nameOfApplicant>
      <ncom:signature>Robert Kubilis</ncom:signature>
      <ncom:signerName>Robert Kubilis</ncom:signerName>
      <ncom:title>Chief Financial Officer, Chief Accounting Officer and Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
