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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HDFC Bank Ltd</name>
        <lei>335800ZQ6I4E2JXENC50</lei>
        <title>HDFC Bank Ltd SPON ADS EACH REP 3 ORD SHS</title>
        <cusip>40415F101</cusip>
        <identifiers>
          <isin value="US40415F1012"/>
          <ticker value="HDB"/>
        </identifiers>
        <balance>138171</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8755896.27</valUSD>
        <pctVal>0.9915099008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Canadian Pacific Railway Company</name>
        <lei>N/A</lei>
        <title>Canadian Pacific Railway Company COM</title>
        <cusip>13645T100</cusip>
        <identifiers>
          <isin value="CA13645T1003"/>
          <ticker value="CP"/>
        </identifiers>
        <balance>41210</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10506489.5</valUSD>
        <pctVal>1.1897455201</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>Accenture Plc</name>
        <lei>N/A</lei>
        <title>Accenture Plc CLS'A'USD0.0000225</title>
        <cusip>G1151C101</cusip>
        <identifiers>
          <isin value="IE00B4BNMY34"/>
          <ticker value="ACN"/>
        </identifiers>
        <balance>51609</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10867307.13</valUSD>
        <pctVal>1.2306041874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Amadeus IT Group SA</name>
        <lei>9598004A3FTY3TEHHN09</lei>
        <title>Amadeus IT Group SA EUR0.01</title>
        <cusip>E04648114</cusip>
        <identifiers>
          <isin value="ES0109067019"/>
          <ticker value="AMS"/>
        </identifiers>
        <balance>80350</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>6583624.92</valUSD>
        <pctVal>0.7455238265</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AIA Group Ltd, Hong Kong</name>
        <lei>ZP5ILWVSYE4LJGMMVD57</lei>
        <title>AIA Group Ltd, Hong Kong NPV</title>
        <cusip>Y002A1105</cusip>
        <identifiers>
          <isin value="HK0000069689"/>
          <ticker value="1299"/>
        </identifiers>
        <balance>816000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7923"/>
        <valUSD>8585670.72</valUSD>
        <pctVal>0.9722337110</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pernod Ricard SA</name>
        <lei>52990097YFPX9J0H5D87</lei>
        <title>Pernod Ricard SA EUR1.55</title>
        <cusip>F72027109</cusip>
        <identifiers>
          <isin value="FR0000120693"/>
          <ticker value="RI"/>
        </identifiers>
        <balance>37140</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>6648264.5</valUSD>
        <pctVal>0.7528435550</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LVMH Moet Hennessy Vuitton SE</name>
        <lei>IOG4E947OATN0KJYSD45</lei>
        <title>LVMH Moet Hennessy Vuitton SE EUR0.30</title>
        <cusip>F58485115</cusip>
        <identifiers>
          <isin value="FR0000121014"/>
          <ticker value="MC"/>
        </identifiers>
        <balance>22983</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>10703898.63</valUSD>
        <pctVal>1.2120999543</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Northern Inst Fds</name>
        <lei>549300Y178DO5JBR1S04</lei>
        <title>Northern Inst Fds GOVT PTFL</title>
        <cusip>665278404</cusip>
        <identifiers>
          <isin value="US6652784041"/>
          <ticker value="BNGXX"/>
        </identifiers>
        <balance>11972103.19</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11972103.19</valUSD>
        <pctVal>1.3557103100</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wal-Mart De Mexico</name>
        <lei>N/A</lei>
        <title>Wal-Mart De Mexico COM NPV</title>
        <cusip>P98180188</cusip>
        <identifiers>
          <isin value="MX01WA000038"/>
          <ticker value="WALMEX *"/>
        </identifiers>
        <balance>1923396</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.9075"/>
        <valUSD>5521720.74</valUSD>
        <pctVal>0.6252747422</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>Keyence Corp</name>
        <lei>529900M7PQBS7A89DZ11</lei>
        <title>Keyence Corp NPV</title>
        <cusip>J32491102</cusip>
        <identifiers>
          <isin value="JP3236200006"/>
          <ticker value="6861"/>
        </identifiers>
        <balance>21520</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>7617072.8</valUSD>
        <pctVal>0.8625505446</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Geberit AG</name>
        <lei>52990093Z5OHD6T7BS47</lei>
        <title>Geberit AG CHF0.10 (REGD)</title>
        <cusip>H2942E124</cusip>
        <identifiers>
          <isin value="CH0030170408"/>
          <ticker value="GEBN"/>
        </identifiers>
        <balance>10230</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>5742988.28</valUSD>
        <pctVal>0.6503308815</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dsv Panalpina A/S</name>
        <lei>529900X41C0BSLK67H70</lei>
        <title>Dsv Panalpina A/S DKK1</title>
        <cusip>K3186P102</cusip>
        <identifiers>
          <isin value="DK0060079531"/>
          <ticker value="DSV"/>
        </identifiers>
        <balance>63200</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.66185"/>
        <valUSD>7315939.78</valUSD>
        <pctVal>0.8284505095</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lululemon Athletic</name>
        <lei>549300D9GZ4BMLDW5T40</lei>
        <title>Lululemon Athletic COM</title>
        <cusip>550021109</cusip>
        <identifiers>
          <isin value="US5500211090"/>
          <ticker value="LULU"/>
        </identifiers>
        <balance>25026</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5797773.42</valUSD>
        <pctVal>0.6565347020</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Essilorluxottica</name>
        <lei>549300M3VH1A3ER1TB49</lei>
        <title>Essilorluxottica EUR0.18</title>
        <cusip>F31665106</cusip>
        <identifiers>
          <isin value="FR0000121667"/>
          <ticker value="EL"/>
        </identifiers>
        <balance>13251</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>2024191.65</valUSD>
        <pctVal>0.2292176609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dollarama Inc</name>
        <lei>5493002GJ0NJP1HI0C79</lei>
        <title>Dollarama Inc COM</title>
        <cusip>25675T107</cusip>
        <identifiers>
          <isin value="CA25675T1075"/>
          <ticker value="DOL"/>
        </identifiers>
        <balance>97450</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>3349269.18</valUSD>
        <pctVal>0.3792682611</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>Adidas AG</name>
        <lei>549300JSX0Z4CW0V5023</lei>
        <title>Adidas AG NPV (REGD)</title>
        <cusip>D0066B185</cusip>
        <identifiers>
          <isin value="DE000A1EWWW0"/>
          <ticker value="ADS"/>
        </identifiers>
        <balance>20622</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>6702292.73</valUSD>
        <pctVal>0.7589616637</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASML Holding N.V.</name>
        <lei>724500Y6DUVHQD6OXN27</lei>
        <title>ASML Holding N.V. EUR0.09 NY REGISTRY SHS 2012</title>
        <cusip>N07059210</cusip>
        <identifiers>
          <isin value="USN070592100"/>
          <ticker value="ASML"/>
        </identifiers>
        <balance>26915</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7965225.1</valUSD>
        <pctVal>0.9019750012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alcon Ag</name>
        <lei>549300LDT5AP8S0NBM78</lei>
        <title>Alcon Ag CHF0.04</title>
        <cusip>H01301128</cusip>
        <identifiers>
          <isin value="CH0432492467"/>
          <ticker value="ALC"/>
        </identifiers>
        <balance>119385</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>6763125.9</valUSD>
        <pctVal>0.7658503577</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Icon Public Limited Company</name>
        <lei>6354008SRQGEMC4XFI67</lei>
        <title>Icon Public Limited Company ORD EUR0.06</title>
        <cusip>G4705A100</cusip>
        <identifiers>
          <isin value="IE0005711209"/>
          <ticker value="ICLR"/>
        </identifiers>
        <balance>26479</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4560478.17</valUSD>
        <pctVal>0.5164244891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shopify Inc</name>
        <lei>549300HGQ43STJLLP808</lei>
        <title>Shopify Inc CL A</title>
        <cusip>82509L107</cusip>
        <identifiers>
          <isin value="CA82509L1076"/>
          <ticker value="SHOP"/>
        </identifiers>
        <balance>29715</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11814089.7</valUSD>
        <pctVal>1.3378170030</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>UDG Healthcare Plc</name>
        <lei>549300IWG5ZPP6B8HH13</lei>
        <title>UDG Healthcare Plc ORD EUR0.05</title>
        <cusip>G9285S108</cusip>
        <identifiers>
          <isin value="IE0033024807"/>
          <ticker value="UDG"/>
        </identifiers>
        <balance>52988</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>566608.41</valUSD>
        <pctVal>0.0641622321</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bellway Plc</name>
        <lei>213800CY4L3HST4FGZ98</lei>
        <title>Bellway Plc GBP0.125</title>
        <cusip>G09744155</cusip>
        <identifiers>
          <isin value="GB0000904986"/>
          <ticker value="BWY"/>
        </identifiers>
        <balance>6402</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>323478.51</valUSD>
        <pctVal>0.0366304186</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>Magellan Financial</name>
        <lei>549300X5WFW6USQQ9U26</lei>
        <title>Magellan Financial NPV</title>
        <cusip>Q5713S107</cusip>
        <identifiers>
          <isin value="AU000000MFG4"/>
          <ticker value="MFG"/>
        </identifiers>
        <balance>7774</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4250089"/>
        <valUSD>311948.54</valUSD>
        <pctVal>0.0353247750</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ATLANTICA YIELD PLC</name>
        <lei>549300ITBBGKJ651R879</lei>
        <title>ATLANTICA YIELD PLC COM USD0.1</title>
        <cusip>G0751N103</cusip>
        <identifiers>
          <isin value="GB00BLP5YB54"/>
          <ticker value="AY"/>
        </identifiers>
        <balance>10794</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>284853.66</valUSD>
        <pctVal>0.0322565749</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sushiro Global Holdings Limited</name>
        <lei>529900CWF7GCVZKS5M87</lei>
        <title>Sushiro Global Holdings Limited NPV</title>
        <cusip>J78446101</cusip>
        <identifiers>
          <isin value="JP3397150008"/>
          <ticker value="3563"/>
        </identifiers>
        <balance>6100</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>525479.85</valUSD>
        <pctVal>0.0595048705</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>B&amp;M European Value Retail SA</name>
        <lei>213800UK7ZRLY2K1X530</lei>
        <title>B&amp;M European Value Retail SA ORD GBP0.1 (DI)</title>
        <cusip>L1175H106</cusip>
        <identifiers>
          <isin value="LU1072616219"/>
          <ticker value="BME"/>
        </identifiers>
        <balance>52506</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>286220.04</valUSD>
        <pctVal>0.0324113026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Finning International Inc.</name>
        <lei>549300QLDCP11KB6XW55</lei>
        <title>Finning International Inc. COM NEW</title>
        <cusip>318071404</cusip>
        <identifiers>
          <isin value="CA3180714048"/>
          <ticker value="FTT"/>
        </identifiers>
        <balance>20001</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>389684.88</valUSD>
        <pctVal>0.0441275690</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>IMAX Corporation</name>
        <lei>5493002KS2T1Q0X7VZ21</lei>
        <title>IMAX Corporation COM</title>
        <cusip>45245E109</cusip>
        <identifiers>
          <isin value="CA45245E1097"/>
          <ticker value="IMAX"/>
        </identifiers>
        <balance>13069</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>266999.67</valUSD>
        <pctVal>0.0302348050</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>PAN Amer Silver</name>
        <lei>549300MKTF5851TYIB83</lei>
        <title>PAN Amer Silver COM</title>
        <cusip>697900108</cusip>
        <identifiers>
          <isin value="CA6979001089"/>
          <ticker value="PAAS"/>
        </identifiers>
        <balance>20076</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>475559.48</valUSD>
        <pctVal>0.0538519323</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>Londonmetric Property Plc</name>
        <lei>213800OCERWWPQDURL87</lei>
        <title>Londonmetric Property Plc ORD GBP0.10</title>
        <cusip>G5689W109</cusip>
        <identifiers>
          <isin value="GB00B4WFW713"/>
          <ticker value="LMP"/>
        </identifiers>
        <balance>119593</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>376288.41</valUSD>
        <pctVal>0.0426105646</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>Kion Group AG</name>
        <lei>5299005KY91C4C6U9H17</lei>
        <title>Kion Group AG NPV</title>
        <cusip>D4S14D103</cusip>
        <identifiers>
          <isin value="DE000KGX8881"/>
          <ticker value="KGX"/>
        </identifiers>
        <balance>6502</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>448950.49</valUSD>
        <pctVal>0.0508387539</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Compania De Distribucion Integral Logista Holdings S.A.U</name>
        <lei>9598000ANNAL42UJ7X28</lei>
        <title>Compania De Distribucion Integral Logista Holdings S.A.U EUR0.2</title>
        <cusip>E0304S106</cusip>
        <identifiers>
          <isin value="ES0105027009"/>
          <ticker value="LOG"/>
        </identifiers>
        <balance>17494</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>395217.88</valUSD>
        <pctVal>0.0447541210</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Helvetia Holding</name>
        <lei>529900SUJBXTORH0LT80</lei>
        <title>Helvetia Holding CHF0.02 (REGD) POST SUBD</title>
        <cusip>H3701P102</cusip>
        <identifiers>
          <isin value="CH0466642201"/>
          <ticker value="HELN"/>
        </identifiers>
        <balance>2061</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>291217.4</valUSD>
        <pctVal>0.0329771992</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Summerset Group Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Summerset Group Holdings Ltd NPV</title>
        <cusip>Q8794G109</cusip>
        <identifiers>
          <isin value="NZSUME0001S0"/>
          <ticker value="SUM"/>
        </identifiers>
        <balance>66210</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.4854426"/>
        <valUSD>396839.9</valUSD>
        <pctVal>0.0449377971</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eiffage</name>
        <lei>969500OQXKE5WDM9M994</lei>
        <title>Eiffage EUR4</title>
        <cusip>F2924U106</cusip>
        <identifiers>
          <isin value="FR0000130452"/>
          <ticker value="FGR"/>
        </identifiers>
        <balance>7953</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>911324.76</valUSD>
        <pctVal>0.1031976047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Faurecia S.E.</name>
        <lei>969500F0VMZLK2IULV85</lei>
        <title>Faurecia S.E. EUR7</title>
        <cusip>F3445A108</cusip>
        <identifiers>
          <isin value="FR0000121147"/>
          <ticker value="EO"/>
        </identifiers>
        <balance>7947</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>430887.22</valUSD>
        <pctVal>0.0487932853</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Peab Ab</name>
        <lei>549300FQS4VD3153I854</lei>
        <title>Peab Ab SER'B'NPV</title>
        <cusip>W9624E101</cusip>
        <identifiers>
          <isin value="SE0000106205"/>
          <ticker value="PEAB B"/>
        </identifiers>
        <balance>31403</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.36635"/>
        <valUSD>314514.26</valUSD>
        <pctVal>0.0356153149</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PSP Swiss Property AG</name>
        <lei>50670042Y437P8X44F56</lei>
        <title>PSP Swiss Property AG CHF0.10 (REGD)</title>
        <cusip>H64687124</cusip>
        <identifiers>
          <isin value="CH0018294154"/>
          <ticker value="PSPN"/>
        </identifiers>
        <balance>4248</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>586657.56</valUSD>
        <pctVal>0.0664325800</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Georg Fischer AG</name>
        <lei>529900CMRQYW4U1W2456</lei>
        <title>Georg Fischer AG CHF1.00 (REGD)</title>
        <cusip>H26091142</cusip>
        <identifiers>
          <isin value="CH0001752309"/>
          <ticker value="FI-N"/>
        </identifiers>
        <balance>288</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>292778.03</valUSD>
        <pctVal>0.0331539235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Forbo Holdings</name>
        <lei>506700HR073894C16243</lei>
        <title>Forbo Holdings CHF0.10 (REGD)</title>
        <cusip>H26865214</cusip>
        <identifiers>
          <isin value="CH0003541510"/>
          <ticker value="FORN"/>
        </identifiers>
        <balance>234</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>398192.74</valUSD>
        <pctVal>0.0450909915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Stock Spirits Group Plc</name>
        <lei>213800O218GITCJG5984</lei>
        <title>Stock Spirits Group Plc ORD GBP0.10</title>
        <cusip>G8505K101</cusip>
        <identifiers>
          <isin value="GB00BF5SDZ96"/>
          <ticker value="STCK"/>
        </identifiers>
        <balance>102265</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>280240.36</valUSD>
        <pctVal>0.0317341690</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>Dalata Hotel Group Plc</name>
        <lei>635400L2CWET7ONOBJ04</lei>
        <title>Dalata Hotel Group Plc ORD EUR0.01</title>
        <cusip>G2630L100</cusip>
        <identifiers>
          <isin value="IE00BJMZDW83"/>
          <ticker value="DHG"/>
        </identifiers>
        <balance>49009</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>283782.57</valUSD>
        <pctVal>0.0321352857</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Applus Services Sa</name>
        <lei>213800M9XCA6NR98E873</lei>
        <title>Applus Services Sa EUR0.10</title>
        <cusip>E0534T106</cusip>
        <identifiers>
          <isin value="ES0105022000"/>
          <ticker value="APPS"/>
        </identifiers>
        <balance>17891</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>229160.86</valUSD>
        <pctVal>0.0259499718</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OneSavings Bank Plc</name>
        <lei>213800WTQKOQI8ELD692</lei>
        <title>OneSavings Bank Plc ORD GBP0.01</title>
        <cusip>G6769K106</cusip>
        <identifiers>
          <isin value="GB00BM7S7K96"/>
          <ticker value="OSB"/>
        </identifiers>
        <balance>78562</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>451755.59</valUSD>
        <pctVal>0.0511564009</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>Appen Limited</name>
        <lei>254900XDTS1IBK6ZMQ16</lei>
        <title>Appen Limited NPV</title>
        <cusip>Q0456H103</cusip>
        <identifiers>
          <isin value="AU000000APX3"/>
          <ticker value="APX"/>
        </identifiers>
        <balance>22152</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4250089"/>
        <valUSD>349625.2</valUSD>
        <pctVal>0.0395912465</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kirkland Lake Gold Ltd</name>
        <lei>529900G32H6145TBDT30</lei>
        <title>Kirkland Lake Gold Ltd COM</title>
        <cusip>49741E100</cusip>
        <identifiers>
          <isin value="CA49741E1007"/>
          <ticker value="KL"/>
        </identifiers>
        <balance>9211</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>406020.28</valUSD>
        <pctVal>0.0459773751</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>Tietoevry Oyj</name>
        <lei>549300EW2KM4KROKQV31</lei>
        <title>Tietoevry Oyj NPV</title>
        <cusip>Y8T39G104</cusip>
        <identifiers>
          <isin value="FI0009000277"/>
          <ticker value="TIETO"/>
        </identifiers>
        <balance>9089</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>282913.43</valUSD>
        <pctVal>0.0320368650</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASM International N.V.</name>
        <lei>7245001I22ND6ZFHX623</lei>
        <title>ASM International N.V. EUR0.04</title>
        <cusip>N07045201</cusip>
        <identifiers>
          <isin value="NL0000334118"/>
          <ticker value="ASM"/>
        </identifiers>
        <balance>5412</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>611677.85</valUSD>
        <pctVal>0.0692658553</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rheinmetall AG</name>
        <lei>5299001OU9CSE29O6S05</lei>
        <title>Rheinmetall AG NPV</title>
        <cusip>D65111102</cusip>
        <identifiers>
          <isin value="DE0007030009"/>
          <ticker value="RHM"/>
        </identifiers>
        <balance>2760</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>317389.01</valUSD>
        <pctVal>0.0359408490</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Buzzi Unicem</name>
        <lei>5299003DX5YLKSVJ6K59</lei>
        <title>Buzzi Unicem EUR0.60</title>
        <cusip>T2320M109</cusip>
        <identifiers>
          <isin value="IT0001347308"/>
          <ticker value="BZU"/>
        </identifiers>
        <balance>21427</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>540000.78</valUSD>
        <pctVal>0.0611492077</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Teleperformance</name>
        <lei>9695004GI61FHFFNRG61</lei>
        <title>Teleperformance EUR2.50</title>
        <cusip>F9120F106</cusip>
        <identifiers>
          <isin value="FR0000051807"/>
          <ticker value="TEP"/>
        </identifiers>
        <balance>5628</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>1375113.67</valUSD>
        <pctVal>0.1557166481</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bucher Industries AG</name>
        <lei>52990014AQ91A29HPB27</lei>
        <title>Bucher Industries AG CHF0.20 (REGD)</title>
        <cusip>H10914176</cusip>
        <identifiers>
          <isin value="CH0002432174"/>
          <ticker value="BUCN"/>
        </identifiers>
        <balance>903</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>317224.95</valUSD>
        <pctVal>0.0359222710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alstom</name>
        <lei>96950032TUYMW11FB530</lei>
        <title>Alstom EUR7.00</title>
        <cusip>F0259M475</cusip>
        <identifiers>
          <isin value="FR0010220475"/>
          <ticker value="ALO"/>
        </identifiers>
        <balance>6933</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>328437.63</valUSD>
        <pctVal>0.0371919849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SBM Offshore Nv</name>
        <lei>549300RDGCRYZ5QE6513</lei>
        <title>SBM Offshore Nv EUR0.25</title>
        <cusip>N7752F148</cusip>
        <identifiers>
          <isin value="NL0000360618"/>
          <ticker value="SBMO"/>
        </identifiers>
        <balance>23388</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>436914.33</valUSD>
        <pctVal>0.0494757899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Logitech International SA</name>
        <lei>549300SN6PRK6IJJC215</lei>
        <title>Logitech International SA CHF0.25 (REGD)</title>
        <cusip>H50430232</cusip>
        <identifiers>
          <isin value="CH0025751329"/>
          <ticker value="LOGN"/>
        </identifiers>
        <balance>20110</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>953544.49</valUSD>
        <pctVal>0.1079785294</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China High Precisi</name>
        <lei>N/A</lei>
        <title>China High Precisi HKD0.10</title>
        <cusip>G21122109</cusip>
        <identifiers>
          <isin value="KYG211221091"/>
          <ticker value="591"/>
        </identifiers>
        <balance>982000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7923"/>
        <valUSD>5040.87</valUSD>
        <pctVal>0.0005708236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Paltac Corp</name>
        <lei>N/A</lei>
        <title>Paltac Corp NPV</title>
        <cusip>J6349W106</cusip>
        <identifiers>
          <isin value="JP3782200004"/>
          <ticker value="8283"/>
        </identifiers>
        <balance>9900</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>473049.63</valUSD>
        <pctVal>0.0535677191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Clinigen Group Plc</name>
        <lei>213800OBIKGI2JYYS227</lei>
        <title>Clinigen Group Plc ORD GBP0.001</title>
        <cusip>G2R22L107</cusip>
        <identifiers>
          <isin value="GB00B89J2419"/>
          <ticker value="CLIN"/>
        </identifiers>
        <balance>32196</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>394682.71</valUSD>
        <pctVal>0.0446935188</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>MAEIL DAIRIES CO LTD</name>
        <lei>N/A</lei>
        <title>MAEIL DAIRIES CO LTD KRW500</title>
        <cusip>Y5S64J103</cusip>
        <identifiers>
          <isin value="KR7267980001"/>
          <ticker value="A267980"/>
        </identifiers>
        <balance>4547</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>337128.27</valUSD>
        <pctVal>0.0381761052</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hellofresh Se</name>
        <lei>391200ZAF4V6XD2M9G57</lei>
        <title>Hellofresh Se NPV</title>
        <cusip>D3R2MA100</cusip>
        <identifiers>
          <isin value="DE000A161408"/>
          <ticker value="HFG"/>
        </identifiers>
        <balance>15371</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>323105.59</valUSD>
        <pctVal>0.0365881894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Avast Plc</name>
        <lei>213800IR8G8LCZH4BO27</lei>
        <title>Avast Plc ORD GBP0.10</title>
        <cusip>G0713S109</cusip>
        <identifiers>
          <isin value="GB00BDD85M81"/>
          <ticker value="AVST"/>
        </identifiers>
        <balance>61501</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>369738.37</valUSD>
        <pctVal>0.0418688439</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>Wihlborgs Fastigheter AB</name>
        <lei>549300RC1YDJPITF8X06</lei>
        <title>Wihlborgs Fastigheter AB NPV</title>
        <cusip>W9899F155</cusip>
        <identifiers>
          <isin value="SE0011205194"/>
          <ticker value="WIHL"/>
        </identifiers>
        <balance>36434</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.36635"/>
        <valUSD>671093.96</valUSD>
        <pctVal>0.0759940828</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Downer Edi Ltd</name>
        <lei>254900DIW3F7OMWAO951</lei>
        <title>Downer Edi Ltd ORD NPV</title>
        <cusip>Q32623151</cusip>
        <identifiers>
          <isin value="AU000000DOW2"/>
          <ticker value="DOW"/>
        </identifiers>
        <balance>66927</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4250089"/>
        <valUSD>384634.08</valUSD>
        <pctVal>0.0435556209</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Resorttrust Inc</name>
        <lei>353800FM9MYWH105SE11</lei>
        <title>Resorttrust Inc NPV</title>
        <cusip>J6448M108</cusip>
        <identifiers>
          <isin value="JP3974450003"/>
          <ticker value="4681"/>
        </identifiers>
        <balance>16000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>271515.94</valUSD>
        <pctVal>0.0307462234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fullcast Holdings</name>
        <lei>N/A</lei>
        <title>Fullcast Holdings NPV</title>
        <cusip>J16233108</cusip>
        <identifiers>
          <isin value="JP3827800008"/>
          <ticker value="4848"/>
        </identifiers>
        <balance>14300</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>326004.32</valUSD>
        <pctVal>0.0369164391</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GS Home Shopping I</name>
        <lei>N/A</lei>
        <title>GS Home Shopping I KRW5000</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7028150001"/>
          <ticker value="A028150"/>
        </identifiers>
        <balance>1739</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>223111.18</valUSD>
        <pctVal>0.0252649115</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>F&amp;F Company</name>
        <lei>N/A</lei>
        <title>F&amp;F Company KRW500</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7007700008"/>
          <ticker value="A007700"/>
        </identifiers>
        <balance>3457</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>333875.51</valUSD>
        <pctVal>0.0378077656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eiken Chemical Co</name>
        <lei>N/A</lei>
        <title>Eiken Chemical Co NPV</title>
        <cusip>J12831103</cusip>
        <identifiers>
          <isin value="JP3160700005"/>
          <ticker value="4549"/>
        </identifiers>
        <balance>20800</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>383749.47</valUSD>
        <pctVal>0.0434554484</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Samsung Engineering Co.,Ltd</name>
        <lei>988400HDAY5KIVHGZ188</lei>
        <title>Samsung Engineering Co.,Ltd KRW5000</title>
        <cusip>Y7472L100</cusip>
        <identifiers>
          <isin value="KR7028050003"/>
          <ticker value="A028050"/>
        </identifiers>
        <balance>21414</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>354628.59</valUSD>
        <pctVal>0.0401578259</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Anritsu Corp</name>
        <lei>E6RNIO2WCERJ7MVUSO82</lei>
        <title>Anritsu Corp NPV</title>
        <cusip>J01554104</cusip>
        <identifiers>
          <isin value="JP3128800004"/>
          <ticker value="6754"/>
        </identifiers>
        <balance>23600</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>465679.97</valUSD>
        <pctVal>0.0527331853</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tomy Company Ltd</name>
        <lei>N/A</lei>
        <title>Tomy Company Ltd NPV</title>
        <cusip>J89258107</cusip>
        <identifiers>
          <isin value="JP3630550006"/>
          <ticker value="7867"/>
        </identifiers>
        <balance>25400</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>328551.09</valUSD>
        <pctVal>0.0372048330</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beach Energy Limited</name>
        <lei>8Q9PJD25OKTQT5FHUF40</lei>
        <title>Beach Energy Limited NPV</title>
        <cusip>Q13921103</cusip>
        <identifiers>
          <isin value="AU000000BPT9"/>
          <ticker value="BPT"/>
        </identifiers>
        <balance>563637</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4250089"/>
        <valUSD>997231.69</valUSD>
        <pctVal>0.1129256290</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DIP Corporation</name>
        <lei>N/A</lei>
        <title>DIP Corporation NPV</title>
        <cusip>J1231Q119</cusip>
        <identifiers>
          <isin value="JP3548640006"/>
          <ticker value="2379"/>
        </identifiers>
        <balance>16000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>472776.9</valUSD>
        <pctVal>0.0535368354</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japan Lifeline Co</name>
        <lei>N/A</lei>
        <title>Japan Lifeline Co NPV</title>
        <cusip>J27093103</cusip>
        <identifiers>
          <isin value="JP3754500001"/>
          <ticker value="7575"/>
        </identifiers>
        <balance>18000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>246357.32</valUSD>
        <pctVal>0.0278972837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Melco International Development Limited</name>
        <lei>5299005YLKSGQRHYMI33</lei>
        <title>Melco International Development Limited NPV</title>
        <cusip>Y59683188</cusip>
        <identifiers>
          <isin value="HK0200030994"/>
          <ticker value="200"/>
        </identifiers>
        <balance>182000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7923"/>
        <valUSD>512256.35</valUSD>
        <pctVal>0.0580074532</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kenedix Office Investement Corporation</name>
        <lei>353800FFT483NCIHFY42</lei>
        <title>Kenedix Office Investement Corporation N</title>
        <cusip>J32922106</cusip>
        <identifiers>
          <isin value="JP3046270009"/>
          <ticker value="8972"/>
        </identifiers>
        <balance>59</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>455828.81</valUSD>
        <pctVal>0.0516176488</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Soulbrain Co Ltd</name>
        <lei>N/A</lei>
        <title>Soulbrain Co Ltd KRW500</title>
        <cusip>Y85634106</cusip>
        <identifiers>
          <isin value="KR7036830008"/>
          <ticker value="A036830"/>
        </identifiers>
        <balance>8351</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>609251.31</valUSD>
        <pctVal>0.0689910761</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Douzone Bizon Co Ltd</name>
        <lei>N/A</lei>
        <title>Douzone Bizon Co Ltd KRW500</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7012510004"/>
          <ticker value="A012510"/>
        </identifiers>
        <balance>6423</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>449027.3</valUSD>
        <pctVal>0.0508474518</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Accommodations Fund Inc.</name>
        <lei>N/A</lei>
        <title>Nippon Accommodations Fund Inc. REIT</title>
        <cusip>J52066107</cusip>
        <identifiers>
          <isin value="JP3046440008"/>
          <ticker value="3226"/>
        </identifiers>
        <balance>84</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>530797.89</valUSD>
        <pctVal>0.0601070807</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Charter Hall Group</name>
        <lei>254900PJ75X7THUAD153</lei>
        <title>Charter Hall Group NPV (STAPLED)</title>
        <cusip>Q2308A138</cusip>
        <identifiers>
          <isin value="AU000000CHC0"/>
          <ticker value="CHC"/>
        </identifiers>
        <balance>127423</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4250089"/>
        <valUSD>992314.07</valUSD>
        <pctVal>0.1123687621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FUJI CORPORATION</name>
        <lei>353800G4VS3QLM6BSX66</lei>
        <title>FUJI CORPORATION NPV</title>
        <cusip>J1R541101</cusip>
        <identifiers>
          <isin value="JP3809200003"/>
          <ticker value="6134"/>
        </identifiers>
        <balance>18600</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>340151.73</valUSD>
        <pctVal>0.0385184792</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kanamoto Co Ltd</name>
        <lei>N/A</lei>
        <title>Kanamoto Co Ltd NPV</title>
        <cusip>J29557105</cusip>
        <identifiers>
          <isin value="JP3215200001"/>
          <ticker value="9678"/>
        </identifiers>
        <balance>10900</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>280648.27</valUSD>
        <pctVal>0.0317803603</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lasertec Corp</name>
        <lei>N/A</lei>
        <title>Lasertec Corp NPV</title>
        <cusip>J38702106</cusip>
        <identifiers>
          <isin value="JP3979200007"/>
          <ticker value="6920"/>
        </identifiers>
        <balance>17200</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>875906.57</valUSD>
        <pctVal>0.0991868804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>alstria office REIT-AG</name>
        <lei>529900QIJIGPI0DRL085</lei>
        <title>alstria office REIT-AG NPV (BR)</title>
        <cusip>D0378R100</cusip>
        <identifiers>
          <isin value="DE000A0LD2U1"/>
          <ticker value="AOX"/>
        </identifiers>
        <balance>32279</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>606630.92</valUSD>
        <pctVal>0.0686943455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Detour Gold Corporation</name>
        <lei>549300KNDXOG0N6VEF20</lei>
        <title>Detour Gold Corporation COM</title>
        <cusip>250669108</cusip>
        <identifiers>
          <isin value="CA2506691088"/>
          <ticker value="DGC"/>
        </identifiers>
        <balance>29435</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>569863.23</valUSD>
        <pctVal>0.0645308050</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>Maeda Corp</name>
        <lei>N/A</lei>
        <title>Maeda Corp NPV</title>
        <cusip>J39315106</cusip>
        <identifiers>
          <isin value="JP3861200008"/>
          <ticker value="1824"/>
        </identifiers>
        <balance>39500</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>384149.65</valUSD>
        <pctVal>0.0435007645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Makino Milling Machine Co Ltd</name>
        <lei>353800JAOIGQ7V5T9078</lei>
        <title>Makino Milling Machine Co Ltd NPV</title>
        <cusip>J39530100</cusip>
        <identifiers>
          <isin value="JP3862800004"/>
          <ticker value="6135"/>
        </identifiers>
        <balance>5900</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>268225.87</valUSD>
        <pctVal>0.0303736588</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Outotec Oyj</name>
        <lei>549300R0VN9C371W0E07</lei>
        <title>Outotec Oyj NPV</title>
        <cusip>X6026E100</cusip>
        <identifiers>
          <isin value="FI0009014575"/>
          <ticker value="OTE1V"/>
        </identifiers>
        <balance>52150</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>336492.66</valUSD>
        <pctVal>0.0381041293</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TKH Group Nv</name>
        <lei>7245008G22FOV7TYYJ34</lei>
        <title>TKH Group Nv CVA EUR0.25</title>
        <cusip>N8661A121</cusip>
        <identifiers>
          <isin value="NL0000852523"/>
          <ticker value="TWEKA"/>
        </identifiers>
        <balance>4893</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>274377.36</valUSD>
        <pctVal>0.0310702480</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Suisan Kaisha Ltd</name>
        <lei>529900MPH5BMANQ3EC50</lei>
        <title>Nippon Suisan Kaisha Ltd NPV</title>
        <cusip>J56042104</cusip>
        <identifiers>
          <isin value="JP3718800000"/>
          <ticker value="1332"/>
        </identifiers>
        <balance>69400</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>414969.67</valUSD>
        <pctVal>0.0469907961</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daihen Corp</name>
        <lei>353800VGTLA3QRNG5478</lei>
        <title>Daihen Corp NPV</title>
        <cusip>J09114109</cusip>
        <identifiers>
          <isin value="JP3497800007"/>
          <ticker value="6622"/>
        </identifiers>
        <balance>8900</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>293063.86</valUSD>
        <pctVal>0.0331862907</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Penta-Ocean Construction Co</name>
        <lei>529900QN42Q9UIW3AS17</lei>
        <title>Penta-Ocean Construction Co NPV</title>
        <cusip>J63653109</cusip>
        <identifiers>
          <isin value="JP3309000002"/>
          <ticker value="1893"/>
        </identifiers>
        <balance>71200</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>439565.25</valUSD>
        <pctVal>0.0497759777</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gerresheimer Ag</name>
        <lei>5299006GD4UWSYZOKC28</lei>
        <title>Gerresheimer Ag NPV (BR)</title>
        <cusip>D2852S109</cusip>
        <identifiers>
          <isin value="DE000A0LD6E6"/>
          <ticker value="GXI"/>
        </identifiers>
        <balance>4330</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>335743.29</valUSD>
        <pctVal>0.0380192713</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Towngas China Company Limited</name>
        <lei>254900BX211RVPV37P96</lei>
        <title>Towngas China Company Limited HKD0.10</title>
        <cusip>G8972T106</cusip>
        <identifiers>
          <isin value="KYG8972T1067"/>
          <ticker value="1083"/>
        </identifiers>
        <balance>378000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7923"/>
        <valUSD>262261.05</valUSD>
        <pctVal>0.0296982079</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sankyu Inc</name>
        <lei>529900QWTXZZEM1T5G75</lei>
        <title>Sankyu Inc NPV</title>
        <cusip>J68037100</cusip>
        <identifiers>
          <isin value="JP3326000001"/>
          <ticker value="9065"/>
        </identifiers>
        <balance>6400</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>322287.26</valUSD>
        <pctVal>0.0364955225</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Scor SE</name>
        <lei>96950056ULJ4JI7V3752</lei>
        <title>Scor SE EUR7.876972</title>
        <cusip>F15561677</cusip>
        <identifiers>
          <isin value="FR0010411983"/>
          <ticker value="SCR"/>
        </identifiers>
        <balance>7002</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>294172.45</valUSD>
        <pctVal>0.0333118264</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bankinter SA</name>
        <lei>VWMYAEQSTOPNV0SUGU82</lei>
        <title>Bankinter SA EUR0.30(REGD)</title>
        <cusip>E2116H880</cusip>
        <identifiers>
          <isin value="ES0113679I37"/>
          <ticker value="BKT"/>
        </identifiers>
        <balance>29898</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>219819.61</valUSD>
        <pctVal>0.0248921770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Taiyo Yuden Co Ltd</name>
        <lei>353800V9G3X5PLB9AD43</lei>
        <title>Taiyo Yuden Co Ltd NPV</title>
        <cusip>J80206113</cusip>
        <identifiers>
          <isin value="JP3452000007"/>
          <ticker value="6976"/>
        </identifiers>
        <balance>12300</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>377242.39</valUSD>
        <pctVal>0.0427185925</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toyo Tire Corporation</name>
        <lei>529900Y41RD7VQM9RF75</lei>
        <title>Toyo Tire Corporation NPV</title>
        <cusip>J92805175</cusip>
        <identifiers>
          <isin value="JP3610600003"/>
          <ticker value="5105"/>
        </identifiers>
        <balance>26200</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>375740.69</valUSD>
        <pctVal>0.0425485413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yamato Kogyo Co</name>
        <lei>N/A</lei>
        <title>Yamato Kogyo Co NPV</title>
        <cusip>J96524111</cusip>
        <identifiers>
          <isin value="JP3940400009"/>
          <ticker value="5444"/>
        </identifiers>
        <balance>11000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>274852.7</valUSD>
        <pctVal>0.0311240751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fnac Darty</name>
        <lei>96950091FL62XSLPHO35</lei>
        <title>Fnac Darty EUR1</title>
        <cusip>F3808N101</cusip>
        <identifiers>
          <isin value="FR0011476928"/>
          <ticker value="FNAC"/>
        </identifiers>
        <balance>3854</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>228690.7</valUSD>
        <pctVal>0.0258967313</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Royal Unibrew A/S</name>
        <lei>529900D69KFL8IAP8Q63</lei>
        <title>Royal Unibrew A/S DKK2</title>
        <cusip>K8390X122</cusip>
        <identifiers>
          <isin value="DK0060634707"/>
          <ticker value="RBREW"/>
        </identifiers>
        <balance>8454</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.66185"/>
        <valUSD>775016.05</valUSD>
        <pctVal>0.0877621277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Intertrust N V</name>
        <lei>724500NRH17KKW68GO66</lei>
        <title>Intertrust N V EUR0.6</title>
        <cusip>N4584R101</cusip>
        <identifiers>
          <isin value="NL0010937058"/>
          <ticker value="INTER"/>
        </identifiers>
        <balance>15014</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>291726.78</valUSD>
        <pctVal>0.0330348809</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JD Sports Fashion</name>
        <lei>213800HROV6Y9MUU8375</lei>
        <title>JD Sports Fashion ORD GBP0.0025</title>
        <cusip>G5144Y112</cusip>
        <identifiers>
          <isin value="GB00BYX91H57"/>
          <ticker value="JD."/>
        </identifiers>
        <balance>96755</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>1080674.16</valUSD>
        <pctVal>0.1223745801</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>Redrow</name>
        <lei>2138008WJZBBA7EYEL28</lei>
        <title>Redrow ORD GBP0.105</title>
        <cusip>G7455X147</cusip>
        <identifiers>
          <isin value="GB00BG11K365"/>
          <ticker value="RDW"/>
        </identifiers>
        <balance>43491</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>429710.6</valUSD>
        <pctVal>0.0486600459</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>Fraport AG</name>
        <lei>5299001ERX0K10IZUL40</lei>
        <title>Fraport AG NPV</title>
        <cusip>D3856U108</cusip>
        <identifiers>
          <isin value="DE0005773303"/>
          <ticker value="FRA"/>
        </identifiers>
        <balance>4564</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>387917.35</valUSD>
        <pctVal>0.0439274155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tricon Capital Group Inc.</name>
        <lei>N/A</lei>
        <title>Tricon Capital Group Inc. COM</title>
        <cusip>89612W102</cusip>
        <identifiers>
          <isin value="CA89612W1023"/>
          <ticker value="TCN"/>
        </identifiers>
        <balance>47413</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>388125.36</valUSD>
        <pctVal>0.0439509703</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>Cembra Money Bank AG</name>
        <lei>549300ZDHOETLAIVTE82</lei>
        <title>Cembra Money Bank AG CHF1 (REGD)</title>
        <cusip>H1329L107</cusip>
        <identifiers>
          <isin value="CH0225173167"/>
          <ticker value="CMBN"/>
        </identifiers>
        <balance>2601</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>285258.28</valUSD>
        <pctVal>0.0323023937</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Euronext</name>
        <lei>724500QJ4QSZ3H9QU415</lei>
        <title>Euronext EUR1.60</title>
        <cusip>N3113K397</cusip>
        <identifiers>
          <isin value="NL0006294274"/>
          <ticker value="ENX"/>
        </identifiers>
        <balance>7519</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>613558.19</valUSD>
        <pctVal>0.0694787834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Argenx SE</name>
        <lei>7245009C5FZE6G9ODQ71</lei>
        <title>Argenx SE EUR0.10</title>
        <cusip>N0610Q109</cusip>
        <identifiers>
          <isin value="NL0010832176"/>
          <ticker value="ARGX"/>
        </identifiers>
        <balance>1901</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>305894.62</valUSD>
        <pctVal>0.0346392345</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEAZLEY PLC (UK)</name>
        <lei>213800VTOMUWD41GIT12</lei>
        <title>BEAZLEY PLC (UK) ORD GBP0.05</title>
        <cusip>G0936K107</cusip>
        <identifiers>
          <isin value="GB00BYQ0JC66"/>
          <ticker value="BEZ"/>
        </identifiers>
        <balance>36834</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>271715.02</valUSD>
        <pctVal>0.0307687670</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>Canada Goose Hldgs Inc</name>
        <lei>529900891XBE6RV8JR07</lei>
        <title>Canada Goose Hldgs Inc SHS SUB VTG</title>
        <cusip>135086106</cusip>
        <identifiers>
          <isin value="CA1350861060"/>
          <ticker value="GOOS"/>
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        <balance>13669</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>495364.56</valUSD>
        <pctVal>0.0560946419</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>United States Treasury Bills</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>B 0 01/09/20</title>
        <cusip>912796TA7</cusip>
        <identifiers>
          <isin value="US912796TA76"/>
          <ticker value="B"/>
        </identifiers>
        <balance>4460000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4458780.46</valUSD>
        <pctVal>0.5049083310</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-09</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>N/A</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Northern Inst Fds</name>
        <lei>549300Y178DO5JBR1S04</lei>
        <title>Northern Inst Fds GOVT PTFL</title>
        <cusip>665278404</cusip>
        <identifiers>
          <isin value="US6652784041"/>
          <ticker value="BNGXX"/>
        </identifiers>
        <balance>12883494.24</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12883494.24</valUSD>
        <pctVal>1.4589154214</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Babcock International Group plc</name>
        <lei>213800TSKOLX4EU6L377</lei>
        <title>Babcock International Group plc ORD GBP0.60</title>
        <cusip>G0689Q152</cusip>
        <identifiers>
          <isin value="GB0009697037"/>
          <ticker value="BAB"/>
        </identifiers>
        <balance>248897</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>2079955.59</valUSD>
        <pctVal>0.2355323198</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>Mitie Group</name>
        <lei>213800MTCLTKEHWZMJ03</lei>
        <title>Mitie Group ORD GBP0.025</title>
        <cusip>G6164F157</cusip>
        <identifiers>
          <isin value="GB0004657408"/>
          <ticker value="MTO"/>
        </identifiers>
        <balance>558267</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>1073053.13</valUSD>
        <pctVal>0.1215115814</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>Flex Lng Ltd (BM)</name>
        <lei>21380084THHU3MPC3647</lei>
        <title>Flex Lng Ltd (BM) USD0.10</title>
        <cusip>G35947202</cusip>
        <identifiers>
          <isin value="BMG359472021"/>
          <ticker value="FLNG"/>
        </identifiers>
        <balance>23317</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.7793"/>
        <valUSD>241499.88</valUSD>
        <pctVal>0.0273472315</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Trainline Plc</name>
        <lei>213800HO26VXTFJ4MO71</lei>
        <title>Trainline Plc ORD GBP0.01</title>
        <cusip>G8992Y119</cusip>
        <identifiers>
          <isin value="GB00BKDTK925"/>
          <ticker value="TRN"/>
        </identifiers>
        <balance>52237</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>352007.92</valUSD>
        <pctVal>0.0398610636</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>Television Francaise</name>
        <lei>969500WQFC6OAQYG7E65</lei>
        <title>Television Francaise EUR0.20</title>
        <cusip>F91255103</cusip>
        <identifiers>
          <isin value="FR0000054900"/>
          <ticker value="TFI"/>
        </identifiers>
        <balance>40252</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>335163.42</valUSD>
        <pctVal>0.0379536074</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bechtle Ag</name>
        <lei>529900HA2QT774RUXW59</lei>
        <title>Bechtle Ag NPV</title>
        <cusip>D0873U103</cusip>
        <identifiers>
          <isin value="DE0005158703"/>
          <ticker value="BC8"/>
        </identifiers>
        <balance>3617</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>507553.72</valUSD>
        <pctVal>0.0574749315</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kingfisher plc</name>
        <lei>213800KBMEV7I92FY281</lei>
        <title>Kingfisher plc ORD GBP0.157142857</title>
        <cusip>G5256E441</cusip>
        <identifiers>
          <isin value="GB0033195214"/>
          <ticker value="KGF"/>
        </identifiers>
        <balance>629635</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>1825982.39</valUSD>
        <pctVal>0.2067726207</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>ITV Plc</name>
        <lei>ZLECI7ED2QMWFGYCXZ59</lei>
        <title>ITV Plc ORD GBP0.10</title>
        <cusip>G4984A110</cusip>
        <identifiers>
          <isin value="GB0033986497"/>
          <ticker value="ITV"/>
        </identifiers>
        <balance>522315</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>1048375.39</valUSD>
        <pctVal>0.1187170961</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>Balfour Beatty</name>
        <lei>CT4UIJ3TUKGYYHMENQ17</lei>
        <title>Balfour Beatty GBP0.50</title>
        <cusip>G3224V108</cusip>
        <identifiers>
          <isin value="GB0000961622"/>
          <ticker value="BBY"/>
        </identifiers>
        <balance>254111</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>882151.71</valUSD>
        <pctVal>0.0998940745</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>Sainsbury (J) plc</name>
        <lei>213800VGZAAJIKJ9Y484</lei>
        <title>Sainsbury (J) plc ORD GBP0.28571428</title>
        <cusip>G77732173</cusip>
        <identifiers>
          <isin value="GB00B019KW72"/>
          <ticker value="SBRY"/>
        </identifiers>
        <balance>489947</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>1501940.29</valUSD>
        <pctVal>0.1700783817</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>Amplifon</name>
        <lei>ZYXJDNVM2JI3VBM8G556</lei>
        <title>Amplifon EUR0.02</title>
        <cusip>T0388E118</cusip>
        <identifiers>
          <isin value="IT0004056880"/>
          <ticker value="AMP"/>
        </identifiers>
        <balance>25321</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>728547.7</valUSD>
        <pctVal>0.0825000931</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Israel Discount Bank Ltd.</name>
        <lei>549300XWZ7BG5G23OF51</lei>
        <title>Israel Discount Bank Ltd. ILS0.10</title>
        <cusip>465074201</cusip>
        <identifiers>
          <isin value="IL0006912120"/>
          <ticker value="DSCT"/>
        </identifiers>
        <balance>59392</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.4533"/>
        <valUSD>275642.08</valUSD>
        <pctVal>0.0312134638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Unite Group</name>
        <lei>213800BBUUWVDH9YI827</lei>
        <title>Unite Group ORD GBP0.25</title>
        <cusip>G9283N101</cusip>
        <identifiers>
          <isin value="GB0006928617"/>
          <ticker value="UTG"/>
        </identifiers>
        <balance>36785</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>615160.15</valUSD>
        <pctVal>0.0696601879</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>Smith &amp; Nephew</name>
        <lei>213800ZTMDN8S67S1H61</lei>
        <title>Smith &amp; Nephew ORD USD0.20</title>
        <cusip>G82343164</cusip>
        <identifiers>
          <isin value="GB0009223206"/>
          <ticker value="SN."/>
        </identifiers>
        <balance>256207</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>6189081.71</valUSD>
        <pctVal>0.7008461045</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>G4S</name>
        <lei>549300L3KWKK8X35QR12</lei>
        <title>G4S ORD GBP0.25</title>
        <cusip>G39283109</cusip>
        <identifiers>
          <isin value="GB00B01FLG62"/>
          <ticker value="GFS"/>
        </identifiers>
        <balance>317989</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>924763.61</valUSD>
        <pctVal>0.1047194082</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>Wm. Morrison Supermarkets PLC</name>
        <lei>213800IN6LSRGTZSOS29</lei>
        <title>Wm. Morrison Supermarkets PLC ORD GBP0.10</title>
        <cusip>G62748119</cusip>
        <identifiers>
          <isin value="GB0006043169"/>
          <ticker value="MRW"/>
        </identifiers>
        <balance>1012014</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>2694146.34</valUSD>
        <pctVal>0.3050827337</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>Hikma Pharmaceuticals PLC</name>
        <lei>549300BNS685UXH4JI75</lei>
        <title>Hikma Pharmaceuticals PLC ORD GBP0.10</title>
        <cusip>G4576K104</cusip>
        <identifiers>
          <isin value="GB00B0LCW083"/>
          <ticker value="HIK"/>
        </identifiers>
        <balance>17948</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>475446.13</valUSD>
        <pctVal>0.0538390966</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>CRANSWICK PLC</name>
        <lei>549300LDZLPU51XOSK43</lei>
        <title>CRANSWICK PLC ORD GBP0.10</title>
        <cusip>G2504J108</cusip>
        <identifiers>
          <isin value="GB0002318888"/>
          <ticker value="CWK"/>
        </identifiers>
        <balance>7548</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>339346.11</valUSD>
        <pctVal>0.0384272515</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>SFA Engineering Co</name>
        <lei>N/A</lei>
        <title>SFA Engineering Co KRW500</title>
        <cusip>Y7676C104</cusip>
        <identifiers>
          <isin value="KR7056190002"/>
          <ticker value="A056190"/>
        </identifiers>
        <balance>10023</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>399849.34</valUSD>
        <pctVal>0.0452785834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toda Corp</name>
        <lei>N/A</lei>
        <title>Toda Corp NPV</title>
        <cusip>J84377100</cusip>
        <identifiers>
          <isin value="JP3627000007"/>
          <ticker value="1860"/>
        </identifiers>
        <balance>41000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>270246.96</valUSD>
        <pctVal>0.0306025252</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Embraer S.A.</name>
        <lei>549300EM51WYXFHUY333</lei>
        <title>Embraer S.A. SPON ADS EACH REP 4 ORD SHS</title>
        <cusip>29082A107</cusip>
        <identifiers>
          <isin value="US29082A1079"/>
          <ticker value="ERJ"/>
        </identifiers>
        <balance>189045</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3684487.05</valUSD>
        <pctVal>0.4172280343</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>Nova Ljubljanska Bank DD</name>
        <lei>5493001BABFV7P27OW30</lei>
        <title>Nova Ljubljanska Bank DD GDR (5 GDR REPR 1 ORD) (144A)</title>
        <cusip>66980N104</cusip>
        <identifiers>
          <isin value="US66980N1046"/>
          <ticker value="55VX"/>
        </identifiers>
        <balance>63980</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>889903.01</valUSD>
        <pctVal>0.1007718248</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SI</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Draegerwerk AG &amp; Co. KGaA</name>
        <lei>5493005UFVHY0PPNKD75</lei>
        <title>Draegerwerk AG &amp; Co. KGaA NPV</title>
        <cusip>D22938100</cusip>
        <identifiers>
          <isin value="DE0005550602"/>
          <ticker value="DRW8"/>
        </identifiers>
        <balance>33490</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>1488220.49</valUSD>
        <pctVal>0.1685247638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Calbee Inc</name>
        <lei>529900CIHZID6O8LJH81</lei>
        <title>Calbee Inc NPV</title>
        <cusip>J05190103</cusip>
        <identifiers>
          <isin value="JP3220580009"/>
          <ticker value="2229"/>
        </identifiers>
        <balance>53500</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1739979.12</valUSD>
        <pctVal>0.1970336870</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ashmore Group</name>
        <lei>549300U3L59WB4YI2X12</lei>
        <title>Ashmore Group ORD GBP0.0001</title>
        <cusip>G0609C101</cusip>
        <identifiers>
          <isin value="GB00B132NW22"/>
          <ticker value="ASHM"/>
        </identifiers>
        <balance>76150</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>523953.49</valUSD>
        <pctVal>0.0593320269</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>Safestore Holdings Plc</name>
        <lei>213800WGA3YSJC1YOH73</lei>
        <title>Safestore Holdings Plc ORD GBP0.01</title>
        <cusip>G77733106</cusip>
        <identifiers>
          <isin value="GB00B1N7Z094"/>
          <ticker value="SAFE"/>
        </identifiers>
        <balance>64615</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>690195.34</valUSD>
        <pctVal>0.0781571060</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>Electrocomponents</name>
        <lei>549300KVXDURRKVW7R37</lei>
        <title>Electrocomponents ORD GBP0.10</title>
        <cusip>G29848101</cusip>
        <identifiers>
          <isin value="GB0003096442"/>
          <ticker value="ECM"/>
        </identifiers>
        <balance>40871</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>367367.72</valUSD>
        <pctVal>0.0416003937</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>Cineworld Group</name>
        <lei>213800J2J3TOOI176M73</lei>
        <title>Cineworld Group ORD GBP0.01</title>
        <cusip>G219AH100</cusip>
        <identifiers>
          <isin value="GB00B15FWH70"/>
          <ticker value="CINE"/>
        </identifiers>
        <balance>136996</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>397814.28</valUSD>
        <pctVal>0.0450481350</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>Tokai Carbon Co Ltd</name>
        <lei>5299002HKWA5B57KLT43</lei>
        <title>Tokai Carbon Co Ltd NPV</title>
        <cusip>J85538106</cusip>
        <identifiers>
          <isin value="JP3560800009"/>
          <ticker value="5301"/>
        </identifiers>
        <balance>29700</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>295847.32</valUSD>
        <pctVal>0.0335014872</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Worldline</name>
        <lei>549300CJMQNCA0U4TS33</lei>
        <title>Worldline EUR0.68</title>
        <cusip>F9867T103</cusip>
        <identifiers>
          <isin value="FR0011981968"/>
          <ticker value="WLN"/>
        </identifiers>
        <balance>5004</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>355147.08</valUSD>
        <pctVal>0.0402165393</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dfds As</name>
        <lei>549300JZVW1Y1UZ5UK38</lei>
        <title>Dfds As DKK20</title>
        <cusip>K29758164</cusip>
        <identifiers>
          <isin value="DK0060655629"/>
          <ticker value="DFDS"/>
        </identifiers>
        <balance>9005</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.66185"/>
        <valUSD>441503.32</valUSD>
        <pctVal>0.0499954430</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Adecco Group AG</name>
        <lei>NI14Y5UMU60O7JE9P611</lei>
        <title>Adecco Group AG CHF0.1 (REGD)</title>
        <cusip>H00392318</cusip>
        <identifiers>
          <isin value="CH0012138605"/>
          <ticker value="ADEN"/>
        </identifiers>
        <balance>5501</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>347773.88</valUSD>
        <pctVal>0.0393816047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Premier Foods</name>
        <lei>213800ZD5I8XHNMCJA67</lei>
        <title>Premier Foods ORD GBP0.10</title>
        <cusip>G7S17N124</cusip>
        <identifiers>
          <isin value="GB00B7N0K053"/>
          <ticker value="PFD"/>
        </identifiers>
        <balance>930195</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>467844.8</valUSD>
        <pctVal>0.0529783288</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>Merlin Properties Socimi S.A.</name>
        <lei>959800L8KD863DP30X04</lei>
        <title>Merlin Properties Socimi S.A. EUR1</title>
        <cusip>E7390Z100</cusip>
        <identifiers>
          <isin value="ES0105025003"/>
          <ticker value="MRL"/>
        </identifiers>
        <balance>28793</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>413782.69</valUSD>
        <pctVal>0.0468563835</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>C&amp;C Group</name>
        <lei>635400LNUHA2LDXXV850</lei>
        <title>C&amp;C Group ORD EUR0.01</title>
        <cusip>G1826G107</cusip>
        <identifiers>
          <isin value="IE00B010DT83"/>
          <ticker value="CCR"/>
        </identifiers>
        <balance>283445</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>1523640.88</valUSD>
        <pctVal>0.1725357372</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANCO LATINOAMERICANO DE COMERCIO EXTERIOR SA</name>
        <lei>549300CN3134K4LC0651</lei>
        <title>BANCO LATINOAMERICANO DE COMERCIO EXTERIOR SA CLASS'E'COM NPV</title>
        <cusip>P16994132</cusip>
        <identifiers>
          <isin value="PAP169941328"/>
          <ticker value="BLX"/>
        </identifiers>
        <balance>38437</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>821783.06</valUSD>
        <pctVal>0.0930579823</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>Meggitt</name>
        <lei>YMFO3TKB4UAWQTDZJJ31</lei>
        <title>Meggitt ORD GBP0.05</title>
        <cusip>G59640105</cusip>
        <identifiers>
          <isin value="GB0005758098"/>
          <ticker value="MGGT"/>
        </identifiers>
        <balance>54486</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>474788.54</valUSD>
        <pctVal>0.0537646317</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>National Express Group plc</name>
        <lei>213800A8IQEMY8PA5X34</lei>
        <title>National Express Group plc ORD GBP0.05</title>
        <cusip>G6374M109</cusip>
        <identifiers>
          <isin value="GB0006215205"/>
          <ticker value="NEX"/>
        </identifiers>
        <balance>77948</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>485561.82</valUSD>
        <pctVal>0.0549845883</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>Tate &amp; Lyle plc</name>
        <lei>2138008K14474WPKZ244</lei>
        <title>Tate &amp; Lyle plc ORD GBP0.25</title>
        <cusip>G86838128</cusip>
        <identifiers>
          <isin value="GB0008754136"/>
          <ticker value="TATE"/>
        </identifiers>
        <balance>57554</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>580103.3</valUSD>
        <pctVal>0.0656903814</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>OZ Minerals Ltd</name>
        <lei>529900O2VBT5CL7EZT27</lei>
        <title>OZ Minerals Ltd NPV</title>
        <cusip>Q7161P122</cusip>
        <identifiers>
          <isin value="AU000000OZL8"/>
          <ticker value="OZL"/>
        </identifiers>
        <balance>51034</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4250089"/>
        <valUSD>379449.57</valUSD>
        <pctVal>0.0429685316</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Julius Baer Gruppe AG</name>
        <lei>5299007MF0604ZGJER92</lei>
        <title>Julius Baer Gruppe AG CHF0.02 (REGD)</title>
        <cusip>H4414N103</cusip>
        <identifiers>
          <isin value="CH0102484968"/>
          <ticker value="BAER"/>
        </identifiers>
        <balance>5841</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>301654.51</valUSD>
        <pctVal>0.0341590882</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Afreecatv Co Ltd</name>
        <lei>N/A</lei>
        <title>Afreecatv Co Ltd KRW500</title>
        <cusip>Y63806106</cusip>
        <identifiers>
          <isin value="KR7067160002"/>
          <ticker value="A067160"/>
        </identifiers>
        <balance>7061</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>419792.96</valUSD>
        <pctVal>0.0475369812</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seegene Inc</name>
        <lei>N/A</lei>
        <title>Seegene Inc KRW500</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7096530001"/>
          <ticker value="A096530"/>
        </identifiers>
        <balance>3810</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>100245.02</valUSD>
        <pctVal>0.0113516568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nthn Star Res Ltd</name>
        <lei>254900XFXCRYYZAX6M78</lei>
        <title>Nthn Star Res Ltd NPV</title>
        <cusip>Q6951U101</cusip>
        <identifiers>
          <isin value="AU000000NST8"/>
          <ticker value="NST"/>
        </identifiers>
        <balance>49598</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4250089"/>
        <valUSD>392356.29</valUSD>
        <pctVal>0.0444300771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Celestica Inc.</name>
        <lei>549300J3CG5T6RZWLN53</lei>
        <title>Celestica Inc. SUB VTG SHS</title>
        <cusip>15101Q108</cusip>
        <identifiers>
          <isin value="CA15101Q1081"/>
          <ticker value="CLS"/>
        </identifiers>
        <balance>117802</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>974222.54</valUSD>
        <pctVal>0.1103200934</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>CEMEX S.A.B. de C.V.</name>
        <lei>549300RIG2CXWN6IV731</lei>
        <title>CEMEX S.A.B. de C.V. SPON ADR REP 10 CPO</title>
        <cusip>151290889</cusip>
        <identifiers>
          <isin value="US1512908898"/>
          <ticker value="CX"/>
        </identifiers>
        <balance>158475</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>599035.5</valUSD>
        <pctVal>0.0678342469</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>Dorel Industries Inc.</name>
        <lei>549300BB7CUPIUJSMH15</lei>
        <title>Dorel Industries Inc. CL B SUB VTG</title>
        <cusip>25822C205</cusip>
        <identifiers>
          <isin value="CA25822C2058"/>
          <ticker value="DII.B"/>
        </identifiers>
        <balance>46239</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>212936.91</valUSD>
        <pctVal>0.0241127862</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>E-L Financial Corporation Limited</name>
        <lei>5493008YS2NMV2UCI287</lei>
        <title>E-L Financial Corporation Limited COM</title>
        <cusip>268575107</cusip>
        <identifiers>
          <isin value="CA2685751075"/>
          <ticker value="ELF"/>
        </identifiers>
        <balance>1793</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>1144590</valUSD>
        <pctVal>0.1296123529</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>BRP Incorporated</name>
        <lei>529900EPQGESIRCPY551</lei>
        <title>BRP Incorporated COM SUN VTG</title>
        <cusip>05577W200</cusip>
        <identifiers>
          <isin value="CA05577W2004"/>
          <ticker value="DOO"/>
        </identifiers>
        <balance>12707</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>578911.96</valUSD>
        <pctVal>0.0655554751</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>Open house Co Ltd</name>
        <lei>529900WQOGPBIJEHW865</lei>
        <title>Open house Co Ltd NPV</title>
        <cusip>J3072G101</cusip>
        <identifiers>
          <isin value="JP3173540000"/>
          <ticker value="3288"/>
        </identifiers>
        <balance>17300</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>495134.31</valUSD>
        <pctVal>0.0560685686</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Taro Pharmaceuticl</name>
        <lei>5493002WIJCSC2L2VL79</lei>
        <title>Taro Pharmaceuticl ORD ILS0.0001</title>
        <cusip>M8737E108</cusip>
        <identifiers>
          <isin value="IL0010827181"/>
          <ticker value="TARO"/>
        </identifiers>
        <balance>16813</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1478367.09</valUSD>
        <pctVal>0.1674089735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Commerzbank Aktiengesellschaft</name>
        <lei>851WYGNLUQLFZBSYGB56</lei>
        <title>Commerzbank Aktiengesellschaft NPV</title>
        <cusip>D172W1279</cusip>
        <identifiers>
          <isin value="DE000CBK1001"/>
          <ticker value="CBK"/>
        </identifiers>
        <balance>57728</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>357473</valUSD>
        <pctVal>0.0404799244</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dometic Group AB</name>
        <lei>549300STIPMK5VSA7Y59</lei>
        <title>Dometic Group AB NPV</title>
        <cusip>W2R936106</cusip>
        <identifiers>
          <isin value="SE0007691613"/>
          <ticker value="DOM"/>
        </identifiers>
        <balance>34908</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.36635"/>
        <valUSD>352021.7</valUSD>
        <pctVal>0.0398626240</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chubb Limited</name>
        <lei>E0JAN6VLUDI1HITHT809</lei>
        <title>Chubb Limited ORD CHF24.15</title>
        <cusip>H1467J104</cusip>
        <identifiers>
          <isin value="CH0044328745"/>
          <ticker value="CB"/>
        </identifiers>
        <balance>52483</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8169503.78</valUSD>
        <pctVal>0.9251073371</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lotte Confectionery Co Ltd</name>
        <lei>N/A</lei>
        <title>Lotte Confectionery Co Ltd KRW500</title>
        <cusip>Y53468115</cusip>
        <identifiers>
          <isin value="KR7280360009"/>
          <ticker value="A280360"/>
        </identifiers>
        <balance>2082</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>269077.75</valUSD>
        <pctVal>0.0304701249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marks and Spencer Group plc</name>
        <lei>213800EJP14A79ZG1X44</lei>
        <title>Marks and Spencer Group plc ORD GBP0.25</title>
        <cusip>G5824M107</cusip>
        <identifiers>
          <isin value="GB0031274896"/>
          <ticker value="MKS"/>
        </identifiers>
        <balance>790954</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>2243062.13</valUSD>
        <pctVal>0.2540023593</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>DE La Rue</name>
        <lei>213800DH741LZWIJXP78</lei>
        <title>DE La Rue ORD GBP0.4486857</title>
        <cusip>G2702K139</cusip>
        <identifiers>
          <isin value="GB00B3DGH821"/>
          <ticker value="DLAR"/>
        </identifiers>
        <balance>215639</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>407070.28</valUSD>
        <pctVal>0.0460962762</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>Mayr-Melnhof Karto</name>
        <lei>5299001AMHDLKUM80611</lei>
        <title>Mayr-Melnhof Karto NPV</title>
        <cusip>A42818103</cusip>
        <identifiers>
          <isin value="AT0000938204"/>
          <ticker value="MMK"/>
        </identifiers>
        <balance>6283</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>843269.66</valUSD>
        <pctVal>0.0954911058</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>Atlas Copco AB</name>
        <lei>213800T8PC8Q4FYJZR07</lei>
        <title>Atlas Copco AB SER'A'NPV</title>
        <cusip>W1R924161</cusip>
        <identifiers>
          <isin value="SE0011166610"/>
          <ticker value="ATCO A"/>
        </identifiers>
        <balance>170082</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.36635"/>
        <valUSD>6779907.29</valUSD>
        <pctVal>0.7677506674</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Masmovil Ibercom</name>
        <lei>959800YH56PYMFN7VV80</lei>
        <title>Masmovil Ibercom EUR0.02 (POST CONS)</title>
        <cusip>E7386C164</cusip>
        <identifiers>
          <isin value="ES0184696104"/>
          <ticker value="MAS"/>
        </identifiers>
        <balance>20770</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>475185.22</valUSD>
        <pctVal>0.0538095514</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SULZER AG</name>
        <lei>529900NZ6MAST5IJF669</lei>
        <title>SULZER AG CHF0.01 (REGD)</title>
        <cusip>H83580284</cusip>
        <identifiers>
          <isin value="CH0038388911"/>
          <ticker value="SUN"/>
        </identifiers>
        <balance>3538</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>394597.99</valUSD>
        <pctVal>0.0446839252</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aurelius Equity Opportunities SE &amp; Co KGaA</name>
        <lei>3912001SWR0QKOSUHR50</lei>
        <title>Aurelius Equity Opportunities SE &amp; Co KGaA NPV</title>
        <cusip>D0R9AT103</cusip>
        <identifiers>
          <isin value="DE000A0JK2A8"/>
          <ticker value="AR4"/>
        </identifiers>
        <balance>6699</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>293032.17</valUSD>
        <pctVal>0.0331827021</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tencent Holdings Limited</name>
        <lei>254900N4SLUMW4XUYY11</lei>
        <title>Tencent Holdings Limited HKD0.00002</title>
        <cusip>G87572163</cusip>
        <identifiers>
          <isin value="KYG875721634"/>
          <ticker value="700"/>
        </identifiers>
        <balance>178105</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7923"/>
        <valUSD>8591526.01</valUSD>
        <pctVal>0.9728967589</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Merlin Properties Socimi S.A.</name>
        <lei>959800L8KD863DP30X04</lei>
        <title>Merlin Properties Socimi S.A. EUR1</title>
        <cusip>E7390Z100</cusip>
        <identifiers>
          <isin value="ES0105025003"/>
          <ticker value="MRL"/>
        </identifiers>
        <balance>30492</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>438198.94</valUSD>
        <pctVal>0.0496212580</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rhoen Klinikum AG</name>
        <lei>529900MVGMIVUDQY9E20</lei>
        <title>Rhoen Klinikum AG ORD NPV</title>
        <cusip>D6530N119</cusip>
        <identifiers>
          <isin value="DE0007042301"/>
          <ticker value="RHK"/>
        </identifiers>
        <balance>66289</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>1300628.1</valUSD>
        <pctVal>0.1472819685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Savencia S.A</name>
        <lei>5299006UH636V4UOZS07</lei>
        <title>Savencia S.A EUR1</title>
        <cusip>F7T139103</cusip>
        <identifiers>
          <isin value="FR0000120107"/>
          <ticker value="SAVE"/>
        </identifiers>
        <balance>18165</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>1251455.96</valUSD>
        <pctVal>0.1417137591</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Magyar Telekom Telecommunications Plc</name>
        <lei>529900CA1YDA41X76751</lei>
        <title>Magyar Telekom Telecommunications Plc HUF100</title>
        <cusip>X5187V109</cusip>
        <identifiers>
          <isin value="HU0000073507"/>
          <ticker value="MTELEKOM"/>
        </identifiers>
        <balance>264442</balance>
        <units>NS</units>
        <currencyConditional curCd="HUF" exchangeRt="295.05665"/>
        <valUSD>399720.89</valUSD>
        <pctVal>0.0452640378</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Taisho Pharm H</name>
        <lei>N/A</lei>
        <title>Taisho Pharm H NPV</title>
        <cusip>J79885109</cusip>
        <identifiers>
          <isin value="JP3442850008"/>
          <ticker value="4581"/>
        </identifiers>
        <balance>10500</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>775831.76</valUSD>
        <pctVal>0.0878544980</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Globant S.A</name>
        <lei>2221008DCMSPYS42DS88</lei>
        <title>Globant S.A USD1.20</title>
        <cusip>L44385109</cusip>
        <identifiers>
          <isin value="LU0974299876"/>
          <ticker value="GLOB"/>
        </identifiers>
        <balance>4727</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>501298.35</valUSD>
        <pctVal>0.0567665790</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Computacenter</name>
        <lei>549300XSXUZ1I19DB105</lei>
        <title>Computacenter ORD GBP0.075555</title>
        <cusip>G23356150</cusip>
        <identifiers>
          <isin value="GB00BV9FP302"/>
          <ticker value="CCC"/>
        </identifiers>
        <balance>22910</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>535678.17</valUSD>
        <pctVal>0.0606597192</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>BIC</name>
        <lei>969500UR00DF63I0VH67</lei>
        <title>BIC EUR3.82</title>
        <cusip>F10080103</cusip>
        <identifiers>
          <isin value="FR0000120966"/>
          <ticker value="BB"/>
        </identifiers>
        <balance>12121</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>844108.81</valUSD>
        <pctVal>0.0955861304</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Krones Ag</name>
        <lei>529900NY2GSZWWUBW049</lei>
        <title>Krones Ag ORD NPV</title>
        <cusip>D47441171</cusip>
        <identifiers>
          <isin value="DE0006335003"/>
          <ticker value="KRN"/>
        </identifiers>
        <balance>19180</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>1458351.86</valUSD>
        <pctVal>0.1651424667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Draegerwerk AG &amp; Co. KGaA</name>
        <lei>5493005UFVHY0PPNKD75</lei>
        <title>Draegerwerk AG &amp; Co. KGaA GENUSSSCHEINE EUR25.56 (PERPETUAL) SER.D</title>
        <cusip>D22938159</cusip>
        <identifiers>
          <isin value="DE0005550719"/>
          <ticker value="DRW1"/>
        </identifiers>
        <balance>2365</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>623557.5</valUSD>
        <pctVal>0.0706110963</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>O2 Czech Republic A.S</name>
        <lei>3157004ICDH3MRKW7534</lei>
        <title>O2 Czech Republic A.S CZK10</title>
        <cusip>X89734101</cusip>
        <identifiers>
          <isin value="CZ0009093209"/>
          <ticker value="TELEC"/>
        </identifiers>
        <balance>56860</balance>
        <units>NS</units>
        <currencyConditional curCd="CZK" exchangeRt="22.67005"/>
        <valUSD>587350.22</valUSD>
        <pctVal>0.0665110162</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Atresmedia Corporacion De Medios De Comunicacion, S.A</name>
        <lei>95980020140005491929</lei>
        <title>Atresmedia Corporacion De Medios De Comunicacion, S.A EUR0.75</title>
        <cusip>E0728T102</cusip>
        <identifiers>
          <isin value="ES0109427734"/>
          <ticker value="A3M"/>
        </identifiers>
        <balance>233634</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>913457.24</valUSD>
        <pctVal>0.1034390849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pargesa Holding S.A.</name>
        <lei>50670041A514US1R5558</lei>
        <title>Pargesa Holding S.A. CHF20 (BR)</title>
        <cusip>H60477207</cusip>
        <identifiers>
          <isin value="CH0021783391"/>
          <ticker value="PARG"/>
        </identifiers>
        <balance>20039</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>1664762.73</valUSD>
        <pctVal>0.1885162499</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Industrias Bachoco SAB de CV</name>
        <lei>N/A</lei>
        <title>Industrias Bachoco SAB de CV SERIES 'B' NPV</title>
        <cusip>P5508Z127</cusip>
        <identifiers>
          <isin value="MX01BA1D0003"/>
          <ticker value="BACHOCO B"/>
        </identifiers>
        <balance>113065</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.9075"/>
        <valUSD>486943.43</valUSD>
        <pctVal>0.0551410406</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>Northern Inst Fds</name>
        <lei>549300Y178DO5JBR1S04</lei>
        <title>Northern Inst Fds GOVT PTFL</title>
        <cusip>665278404</cusip>
        <identifiers>
          <isin value="US6652784041"/>
          <ticker value="BNGXX"/>
        </identifiers>
        <balance>3186324.38</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3186324.38</valUSD>
        <pctVal>0.3608165369</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Deutsche Pfandbriefbank AG</name>
        <lei>DZZ47B9A52ZJ6LT6VV95</lei>
        <title>Deutsche Pfandbriefbank AG NPV</title>
        <cusip>D1R83Y100</cusip>
        <identifiers>
          <isin value="DE0008019001"/>
          <ticker value="PBB"/>
        </identifiers>
        <balance>32671</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>535129.69</valUSD>
        <pctVal>0.0605976098</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Canadian Western Bank</name>
        <lei>549300QG7XFGLKN6HL17</lei>
        <title>Canadian Western Bank COM</title>
        <cusip>13677F101</cusip>
        <identifiers>
          <isin value="CA13677F1018"/>
          <ticker value="CWB"/>
        </identifiers>
        <balance>14019</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>344280.86</valUSD>
        <pctVal>0.0389860582</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>CDN Apartment Prop</name>
        <lei>549300B1MYVTQEB2DI90</lei>
        <title>CDN Apartment Prop TR UNIT</title>
        <cusip>134921105</cusip>
        <identifiers>
          <isin value="CA1349211054"/>
          <ticker value="CAR.UN"/>
        </identifiers>
        <balance>9379</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>382873.81</valUSD>
        <pctVal>0.0433562895</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>GVC Hldgs Plc</name>
        <lei>213800GNI3K45LQR8L28</lei>
        <title>GVC Hldgs Plc ORD EUR0.01</title>
        <cusip>G427A6103</cusip>
        <identifiers>
          <isin value="IM00B5VQMV65"/>
          <ticker value="GVC"/>
        </identifiers>
        <balance>37914</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>444639.7</valUSD>
        <pctVal>0.0503506039</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Northern Inst Fds</name>
        <lei>549300Y178DO5JBR1S04</lei>
        <title>Northern Inst Fds GOVT PTFL</title>
        <cusip>665278404</cusip>
        <identifiers>
          <isin value="US6652784041"/>
          <ticker value="BNGXX"/>
        </identifiers>
        <balance>6198541.72</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6198541.72</valUSD>
        <pctVal>0.7019173476</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANCO ACTINVER SA</name>
        <lei>N/A</lei>
        <title>BANCO ACTINVER SA CBFI (FIBRA UNO ADMINISTRACION SA DE CV)</title>
        <cusip>P3515D163</cusip>
        <identifiers>
          <isin value="MXCFFU000001"/>
          <ticker value="FUNO 11"/>
        </identifiers>
        <balance>834994</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.9075"/>
        <valUSD>1293064.89</valUSD>
        <pctVal>0.1464255173</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>Northland Power Inc.</name>
        <lei>549300IT8CIDW8V5KX72</lei>
        <title>Northland Power Inc. COM</title>
        <cusip>666511100</cusip>
        <identifiers>
          <isin value="CA6665111002"/>
          <ticker value="NPI"/>
        </identifiers>
        <balance>20753</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>434701.47</valUSD>
        <pctVal>0.0492252076</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>North Pacific Bank Ltd.</name>
        <lei>549300A1ZLTL4KX3DZ92</lei>
        <title>North Pacific Bank Ltd. NPV</title>
        <cusip>J22260111</cusip>
        <identifiers>
          <isin value="JP3843400007"/>
          <ticker value="8524"/>
        </identifiers>
        <balance>100200</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>223284.86</valUSD>
        <pctVal>0.0252845788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Medipal Holdings Corp</name>
        <lei>353800PJDODZEA4NP730</lei>
        <title>Medipal Holdings Corp NPV</title>
        <cusip>J4189T101</cusip>
        <identifiers>
          <isin value="JP3268950007"/>
          <ticker value="7459"/>
        </identifiers>
        <balance>42700</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>941918.43</valUSD>
        <pctVal>0.1066620047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kt&amp;G Corporation</name>
        <lei>988400ZJV6ISYBLQX875</lei>
        <title>Kt&amp;G Corporation KRW5000</title>
        <cusip>Y49904108</cusip>
        <identifiers>
          <isin value="KR7033780008"/>
          <ticker value="A033780"/>
        </identifiers>
        <balance>16793</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>1361340.11</valUSD>
        <pctVal>0.1541569425</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Relx Plc</name>
        <lei>549300WSX3VBUFFJOO66</lei>
        <title>Relx Plc GBP0.1444</title>
        <cusip>G7493L105</cusip>
        <identifiers>
          <isin value="GB00B2B0DG97"/>
          <ticker value="REL"/>
        </identifiers>
        <balance>75091</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>1894334.29</valUSD>
        <pctVal>0.2145127290</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>AstraZeneca Plc</name>
        <lei>PY6ZZQWO2IZFZC3IOL08</lei>
        <title>AstraZeneca Plc ORD USD0.25</title>
        <cusip>G0593M107</cusip>
        <identifiers>
          <isin value="GB0009895292"/>
          <ticker value="AZN"/>
        </identifiers>
        <balance>31225</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>3124018.6</valUSD>
        <pctVal>0.3537610859</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>S-1 Corporation</name>
        <lei>N/A</lei>
        <title>S-1 Corporation KRW500</title>
        <cusip>Y75435100</cusip>
        <identifiers>
          <isin value="KR7012750006"/>
          <ticker value="A012750"/>
        </identifiers>
        <balance>17785</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>1441161.44</valUSD>
        <pctVal>0.1631958388</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TV Asahi Holdings Corp</name>
        <lei>N/A</lei>
        <title>TV Asahi Holdings Corp NPV</title>
        <cusip>J93646107</cusip>
        <identifiers>
          <isin value="JP3429000007"/>
          <ticker value="9409"/>
        </identifiers>
        <balance>61500</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1137578.83</valUSD>
        <pctVal>0.1288184143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fuji Media Holdings Inc</name>
        <lei>353800TG2T8DSPV7H313</lei>
        <title>Fuji Media Holdings Inc NPV</title>
        <cusip>J15477102</cusip>
        <identifiers>
          <isin value="JP3819400007"/>
          <ticker value="4676"/>
        </identifiers>
        <balance>59600</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>845923.45</valUSD>
        <pctVal>0.0957916186</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Asustek Computer Inc</name>
        <lei>254900B3WB4OGRB7HM13</lei>
        <title>Asustek Computer Inc TWD10</title>
        <cusip>Y04327105</cusip>
        <identifiers>
          <isin value="TW0002357001"/>
          <ticker value="2357"/>
        </identifiers>
        <balance>181000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977"/>
        <valUSD>1398034.31</valUSD>
        <pctVal>0.1583121610</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>Nomad Foods Limited</name>
        <lei>5493000ZZ1837DS2SI43</lei>
        <title>Nomad Foods Limited ORD NPV (DI)</title>
        <cusip>G6564A105</cusip>
        <identifiers>
          <isin value="VGG6564A1057"/>
          <ticker value="NOMD"/>
        </identifiers>
        <balance>15385</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>344162.45</valUSD>
        <pctVal>0.0389726495</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kemira Oyj</name>
        <lei>74370031Y7RK5H88CQ48</lei>
        <title>Kemira Oyj NPV</title>
        <cusip>X44073108</cusip>
        <identifiers>
          <isin value="FI0009004824"/>
          <ticker value="KEMIRA"/>
        </identifiers>
        <balance>27517</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>409177.25</valUSD>
        <pctVal>0.0463348676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Adeka Corporation</name>
        <lei>N/A</lei>
        <title>Adeka Corporation NPV</title>
        <cusip>J0011Q109</cusip>
        <identifiers>
          <isin value="JP3114800000"/>
          <ticker value="4401"/>
        </identifiers>
        <balance>69500</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1045743.57</valUSD>
        <pctVal>0.1184190711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yue Yuen Industrial (Holdings) Limited</name>
        <lei>254900YUFIBANZ1XU687</lei>
        <title>Yue Yuen Industrial (Holdings) Limited HKD0.25</title>
        <cusip>G98803144</cusip>
        <identifiers>
          <isin value="BMG988031446"/>
          <ticker value="551"/>
        </identifiers>
        <balance>184500</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7923"/>
        <valUSD>545438.12</valUSD>
        <pctVal>0.0617649273</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ryanair Holdings plc</name>
        <lei>635400BR2ROC1FVEBQ56</lei>
        <title>Ryanair Holdings plc ADS EACH REPR 5 ORD EUR0.012 POST REV SP</title>
        <cusip>783513203</cusip>
        <identifiers>
          <isin value="US7835132033"/>
          <ticker value="RYAAY"/>
        </identifiers>
        <balance>32138</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2815610.18</valUSD>
        <pctVal>0.3188371909</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Linde Plc</name>
        <lei>8945002PAZHZLBGKGF02</lei>
        <title>Linde Plc COM EUR0.001</title>
        <cusip>G5494J103</cusip>
        <identifiers>
          <isin value="IE00BZ12WP82"/>
          <ticker value="LIN"/>
        </identifiers>
        <balance>20809</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>4467053.17</valUSD>
        <pctVal>0.5058451253</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Canadian Imperial Bank of Commerce</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>Canadian Imperial Bank of Commerce COM</title>
        <cusip>136069101</cusip>
        <identifiers>
          <isin value="CA1360691010"/>
          <ticker value="CM"/>
        </identifiers>
        <balance>15897</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>1322883.08</valUSD>
        <pctVal>0.1498021026</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>Bayer AG</name>
        <lei>549300J4U55H3WP1XT59</lei>
        <title>Bayer AG NPV (REGD)</title>
        <cusip>D0712D163</cusip>
        <identifiers>
          <isin value="DE000BAY0017"/>
          <ticker value="BAYN"/>
        </identifiers>
        <balance>38971</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>3185489.35</valUSD>
        <pctVal>0.3607219789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GN Store Nord</name>
        <lei>5493008U3H3W0NKPFL10</lei>
        <title>GN Store Nord DKK4</title>
        <cusip>K4001S214</cusip>
        <identifiers>
          <isin value="DK0010272632"/>
          <ticker value="GN"/>
        </identifiers>
        <balance>8784</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.66185"/>
        <valUSD>413530.11</valUSD>
        <pctVal>0.0468277816</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Stantec Inc.</name>
        <lei>549300MZ7NGUZDCP2T16</lei>
        <title>Stantec Inc. COM</title>
        <cusip>85472N109</cusip>
        <identifiers>
          <isin value="CA85472N1096"/>
          <ticker value="STN"/>
        </identifiers>
        <balance>14008</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>395898.19</valUSD>
        <pctVal>0.0448311587</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>Barclays PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>Barclays PLC ORD GBP0.25</title>
        <cusip>G08036124</cusip>
        <identifiers>
          <isin value="GB0031348658"/>
          <ticker value="BARC"/>
        </identifiers>
        <balance>2019938</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>4823721.34</valUSD>
        <pctVal>0.5462339114</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>SK Telecom Ltd.</name>
        <lei>9884003WEA1PHW006037</lei>
        <title>SK Telecom Ltd. KRW500</title>
        <cusip>Y4935N104</cusip>
        <identifiers>
          <isin value="KR7017670001"/>
          <ticker value="A017670"/>
        </identifiers>
        <balance>19216</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>3952758.04</valUSD>
        <pctVal>0.4476068025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kangwon Land Inc</name>
        <lei>N/A</lei>
        <title>Kangwon Land Inc KRW500</title>
        <cusip>Y4581L105</cusip>
        <identifiers>
          <isin value="KR7035250000"/>
          <ticker value="A035250"/>
        </identifiers>
        <balance>17428</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>445417.66</valUSD>
        <pctVal>0.0504386994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T&amp;D Holdings Inc</name>
        <lei>3538008ARJ1MACEWA242</lei>
        <title>T&amp;D Holdings Inc NPV</title>
        <cusip>J86796109</cusip>
        <identifiers>
          <isin value="JP3539220008"/>
          <ticker value="8795"/>
        </identifiers>
        <balance>346071</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>4367972.4</valUSD>
        <pctVal>0.4946253071</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sega Sammy Holdings Inc.</name>
        <lei>5493006B6WMKNQ8QNP51</lei>
        <title>Sega Sammy Holdings Inc. NPV</title>
        <cusip>J7028D104</cusip>
        <identifiers>
          <isin value="JP3419050004"/>
          <ticker value="6460"/>
        </identifiers>
        <balance>108200</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1575953.35</valUSD>
        <pctVal>0.1784595547</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chudenko Corp</name>
        <lei>N/A</lei>
        <title>Chudenko Corp NPV</title>
        <cusip>J07056104</cusip>
        <identifiers>
          <isin value="JP3524000001"/>
          <ticker value="1941"/>
        </identifiers>
        <balance>41900</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>967484.05</valUSD>
        <pctVal>0.1095570328</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SK Innovation Co., Ltd.</name>
        <lei>988400PXP70BWVSJVF07</lei>
        <title>SK Innovation Co., Ltd. KRW5000</title>
        <cusip>Y8063L103</cusip>
        <identifiers>
          <isin value="KR7096770003"/>
          <ticker value="A096770"/>
        </identifiers>
        <balance>5018</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>647294.66</valUSD>
        <pctVal>0.0732990712</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Samsung Electronics Limited</name>
        <lei>9884007ER46L6N7EI764</lei>
        <title>Samsung Electronics Limited KRW100</title>
        <cusip>Y74718100</cusip>
        <identifiers>
          <isin value="KR7005930003"/>
          <ticker value="A005930"/>
        </identifiers>
        <balance>98599</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>4750927.13</valUSD>
        <pctVal>0.5379907599</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Novartis AG</name>
        <lei>5493007HIVTX6SY6XD66</lei>
        <title>Novartis AG CHF0.50 (REGD)</title>
        <cusip>H5820Q150</cusip>
        <identifiers>
          <isin value="CH0012005267"/>
          <ticker value="NOVN"/>
        </identifiers>
        <balance>41701</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>3950851.45</valUSD>
        <pctVal>0.4473909019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rolls Royce Hldgs</name>
        <lei>213800EC7997ZBLZJH69</lei>
        <title>Rolls Royce Hldgs NON CUM RED PREF GBP0.001 C (JAN 2020)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BKT6BP09"/>
        </identifiers>
        <balance>22417180</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>29693.8</valUSD>
        <pctVal>0.0033624995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</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>Dai Nippon Printing Co Ltd</name>
        <lei>529900S7NFNQ4FT6OP83</lei>
        <title>Dai Nippon Printing Co Ltd NPV</title>
        <cusip>J10584142</cusip>
        <identifiers>
          <isin value="JP3493800001"/>
          <ticker value="7912"/>
        </identifiers>
        <balance>50500</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1370561.91</valUSD>
        <pctVal>0.1552012109</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>First Pacific Company Limited</name>
        <lei>254900VS1MDQSDM9DE09</lei>
        <title>First Pacific Company Limited USD0.01</title>
        <cusip>G34804107</cusip>
        <identifiers>
          <isin value="BMG348041077"/>
          <ticker value="142"/>
        </identifiers>
        <balance>1074000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7923"/>
        <valUSD>364763.78</valUSD>
        <pctVal>0.0413055258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TIS Inc</name>
        <lei>N/A</lei>
        <title>TIS Inc NPV</title>
        <cusip>J2563B100</cusip>
        <identifiers>
          <isin value="JP3104890003"/>
          <ticker value="3626"/>
        </identifiers>
        <balance>14500</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>857115.01</valUSD>
        <pctVal>0.0970589409</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Norbord Inc.</name>
        <lei>549300VL705RQ5PHI407</lei>
        <title>Norbord Inc. COM NEW</title>
        <cusip>65548P403</cusip>
        <identifiers>
          <isin value="CA65548P4033"/>
          <ticker value="OSB"/>
        </identifiers>
        <balance>10645</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>284702.82</valUSD>
        <pctVal>0.0322394939</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>The Hachijuni Bank, Ltd.</name>
        <lei>FE70I3MHDCWOZWK19W48</lei>
        <title>The Hachijuni Bank, Ltd. NPV</title>
        <cusip>J17976101</cusip>
        <identifiers>
          <isin value="JP3769000005"/>
          <ticker value="8359"/>
        </identifiers>
        <balance>274700</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1196222.4</valUSD>
        <pctVal>0.1354591599</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kissei Pharmaceutical Co Ltd</name>
        <lei>N/A</lei>
        <title>Kissei Pharmaceutical Co Ltd NPV</title>
        <cusip>J33652108</cusip>
        <identifiers>
          <isin value="JP3240600001"/>
          <ticker value="4547"/>
        </identifiers>
        <balance>76300</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>2165432.13</valUSD>
        <pctVal>0.2452116072</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lotte Corporation</name>
        <lei>988400HKP8IPW74L3K25</lei>
        <title>Lotte Corporation KRW200</title>
        <cusip>Y5353V106</cusip>
        <identifiers>
          <isin value="KR7004990008"/>
          <ticker value="A004990"/>
        </identifiers>
        <balance>13195</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>443818.58</valUSD>
        <pctVal>0.0502576210</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lotte Chilsung Beverage Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Lotte Chilsung Beverage Co. Ltd. KRW500</title>
        <cusip>Y5345R106</cusip>
        <identifiers>
          <isin value="KR7005300009"/>
          <ticker value="A005300"/>
        </identifiers>
        <balance>4586</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>554209.68</valUSD>
        <pctVal>0.0627582109</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Parex Resources Inc.</name>
        <lei>549300U7LWRGTY6XWK67</lei>
        <title>Parex Resources Inc. COM</title>
        <cusip>69946Q104</cusip>
        <identifiers>
          <isin value="CA69946Q1046"/>
          <ticker value="PXT"/>
        </identifiers>
        <balance>38026</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>707194.87</valUSD>
        <pctVal>0.0800821177</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>Aveva Group Plc</name>
        <lei>213800XHATUM2LFMKG16</lei>
        <title>Aveva Group Plc ORD GBP0.03556</title>
        <cusip>G06812120</cusip>
        <identifiers>
          <isin value="GB00BBG9VN75"/>
          <ticker value="AVV"/>
        </identifiers>
        <balance>4827</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>298404.15</valUSD>
        <pctVal>0.0337910204</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>Banca Mediolanum SpA</name>
        <lei>7LVZJ6XRIE7VNZ4UBX81</lei>
        <title>Banca Mediolanum SpA NPV</title>
        <cusip>T1R88K108</cusip>
        <identifiers>
          <isin value="IT0004776628"/>
          <ticker value="BMED"/>
        </identifiers>
        <balance>27050</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>268925.49</valUSD>
        <pctVal>0.0304528831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Resurs Holding Ab</name>
        <lei>5493006KHWZ6OVF3IO54</lei>
        <title>Resurs Holding Ab NPV</title>
        <cusip>W7552F108</cusip>
        <identifiers>
          <isin value="SE0007665823"/>
          <ticker value="RESURS"/>
        </identifiers>
        <balance>48459</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.36635"/>
        <valUSD>311284.1</valUSD>
        <pctVal>0.0352495344</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nong Shim Co Ltd</name>
        <lei>N/A</lei>
        <title>Nong Shim Co Ltd KRW5000</title>
        <cusip>Y63472107</cusip>
        <identifiers>
          <isin value="KR7004370003"/>
          <ticker value="A004370"/>
        </identifiers>
        <balance>2788</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>578107.78</valUSD>
        <pctVal>0.0654644105</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MITSUBISHI SHOKUHIN CO LTD</name>
        <lei>N/A</lei>
        <title>MITSUBISHI SHOKUHIN CO LTD NPV</title>
        <cusip>J4445N104</cusip>
        <identifiers>
          <isin value="JP3976000004"/>
          <ticker value="7451"/>
        </identifiers>
        <balance>64200</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1815226.14</valUSD>
        <pctVal>0.2055545925</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASR NEDERLAND NV</name>
        <lei>7245000G0HS48PZWUD53</lei>
        <title>ASR NEDERLAND NV EUR0.16</title>
        <cusip>N0709G103</cusip>
        <identifiers>
          <isin value="NL0011872643"/>
          <ticker value="ASRNL"/>
        </identifiers>
        <balance>13471</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>505099.41</valUSD>
        <pctVal>0.0571970076</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Evolution Gaming Group Ab</name>
        <lei>549300SUH6ZR1RF6TA88</lei>
        <title>Evolution Gaming Group Ab NPV</title>
        <cusip>W3287P115</cusip>
        <identifiers>
          <isin value="SE0012673267"/>
          <ticker value="EVO"/>
        </identifiers>
        <balance>18764</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.36635"/>
        <valUSD>564666.68</valUSD>
        <pctVal>0.0639423523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sankyo Co Ltd</name>
        <lei>3538009H2R9ZBZAOAK48</lei>
        <title>Sankyo Co Ltd NPV</title>
        <cusip>J67844100</cusip>
        <identifiers>
          <isin value="JP3326410002"/>
          <ticker value="6417"/>
        </identifiers>
        <balance>46700</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1547875.6</valUSD>
        <pctVal>0.1752800553</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shizuoka Bank Ltd</name>
        <lei>549300TJ1GRR4PX8GJ82</lei>
        <title>Shizuoka Bank Ltd NPV</title>
        <cusip>J74444100</cusip>
        <identifiers>
          <isin value="JP3351200005"/>
          <ticker value="8355"/>
        </identifiers>
        <balance>209300</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1558147.27</valUSD>
        <pctVal>0.1764432101</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toagosei Co Ltd</name>
        <lei>N/A</lei>
        <title>Toagosei Co Ltd NPV</title>
        <cusip>J8381L105</cusip>
        <identifiers>
          <isin value="JP3556400004"/>
          <ticker value="4045"/>
        </identifiers>
        <balance>119500</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1378476.79</valUSD>
        <pctVal>0.1560974848</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tokyo Ohka Kogyo</name>
        <lei>N/A</lei>
        <title>Tokyo Ohka Kogyo NPV</title>
        <cusip>J87430104</cusip>
        <identifiers>
          <isin value="JP3571800006"/>
          <ticker value="4186"/>
        </identifiers>
        <balance>33000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1285432.84</valUSD>
        <pctVal>0.1455612708</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alten</name>
        <lei>969500Y7G9TY7Y24GN07</lei>
        <title>Alten NPV</title>
        <cusip>F02626103</cusip>
        <identifiers>
          <isin value="FR0000071946"/>
          <ticker value="ATE"/>
        </identifiers>
        <balance>5646</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>714806.36</valUSD>
        <pctVal>0.0809440360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Carl Zeiss Meditec</name>
        <lei>529900GRL4MZ8NMOOK95</lei>
        <title>Carl Zeiss Meditec NPV</title>
        <cusip>D14895102</cusip>
        <identifiers>
          <isin value="DE0005313704"/>
          <ticker value="AFX"/>
        </identifiers>
        <balance>7541</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>961777.05</valUSD>
        <pctVal>0.1089107772</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toyo Suisan Kaisha Ltd</name>
        <lei>N/A</lei>
        <title>Toyo Suisan Kaisha Ltd NPV</title>
        <cusip>892306101</cusip>
        <identifiers>
          <isin value="JP3613000003"/>
          <ticker value="2875"/>
        </identifiers>
        <balance>35500</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1509896.48</valUSD>
        <pctVal>0.1709793336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wacoal Holdings</name>
        <lei>3538002U6NJ8QTW6VR34</lei>
        <title>Wacoal Holdings NPV</title>
        <cusip>J94632122</cusip>
        <identifiers>
          <isin value="JP3992400006"/>
          <ticker value="3591"/>
        </identifiers>
        <balance>41200</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1103448.1</valUSD>
        <pctVal>0.1249534808</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>S a D'ieteren N v</name>
        <lei>549300DV5KJ23OKVTW34</lei>
        <title>S a D'ieteren N v NPV</title>
        <cusip>B49343187</cusip>
        <identifiers>
          <isin value="BE0974259880"/>
          <ticker value="DIE"/>
        </identifiers>
        <balance>6025</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>423472.58</valUSD>
        <pctVal>0.0479536581</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Credito Emiliano S.p.A.</name>
        <lei>8156004B244AA70DE787</lei>
        <title>Credito Emiliano S.p.A. EUR1</title>
        <cusip>T3243Z136</cusip>
        <identifiers>
          <isin value="IT0003121677"/>
          <ticker value="CE"/>
        </identifiers>
        <balance>162052</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>944301.96</valUSD>
        <pctVal>0.1069319135</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi Tanabe</name>
        <lei>529900ZIO33Q0U4T6Y32</lei>
        <title>Mitsubishi Tanabe NPV</title>
        <cusip>J4448H104</cusip>
        <identifiers>
          <isin value="JP3469000008"/>
          <ticker value="4508"/>
        </identifiers>
        <balance>144400</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>2663104.62</valUSD>
        <pctVal>0.3015675970</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ISHARES TRUST</name>
        <lei>5493000860OXIC4B5K91</lei>
        <title>ISHARES TRUST CORE MSCI EAFE</title>
        <cusip>46432F842</cusip>
        <identifiers>
          <isin value="US46432F8427"/>
          <ticker value="IEFA"/>
        </identifiers>
        <balance>3664</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>239039.36</valUSD>
        <pctVal>0.0270686044</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>TSI Holdings Co Lt</name>
        <lei>N/A</lei>
        <title>TSI Holdings Co Lt NPV</title>
        <cusip>J9299P105</cusip>
        <identifiers>
          <isin value="JP3538690003"/>
          <ticker value="3608"/>
        </identifiers>
        <balance>150900</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>762164</valUSD>
        <pctVal>0.0863067730</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ACEA spa</name>
        <lei>549300Q3448N041CTH56</lei>
        <title>ACEA spa EUR5.16</title>
        <cusip>T0040K106</cusip>
        <identifiers>
          <isin value="IT0001207098"/>
          <ticker value="ACE"/>
        </identifiers>
        <balance>24941</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>515834.37</valUSD>
        <pctVal>0.0584126250</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Warehouses De Pauw</name>
        <lei>549300HWDYC5JXC85138</lei>
        <title>Warehouses De Pauw NPV</title>
        <cusip>B9774V120</cusip>
        <identifiers>
          <isin value="BE0003763779"/>
          <ticker value="WDP"/>
        </identifiers>
        <balance>2963</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>539665.39</valUSD>
        <pctVal>0.0611112285</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CTS Eventim AG &amp; Co. KGaA</name>
        <lei>529900FDHSN08UBJII80</lei>
        <title>CTS Eventim AG &amp; Co. KGaA NPV</title>
        <cusip>D1648T108</cusip>
        <identifiers>
          <isin value="DE0005470306"/>
          <ticker value="EVD"/>
        </identifiers>
        <balance>4348</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>273339.22</valUSD>
        <pctVal>0.0309526900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nexity</name>
        <lei>969500JJ71T2DIPDVV84</lei>
        <title>Nexity EUR5</title>
        <cusip>F6527B126</cusip>
        <identifiers>
          <isin value="FR0010112524"/>
          <ticker value="NXI"/>
        </identifiers>
        <balance>8420</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>423224.45</valUSD>
        <pctVal>0.0479255600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAG Immobilien AG</name>
        <lei>529900TAE68USJNXLR59</lei>
        <title>TAG Immobilien AG NPV</title>
        <cusip>D8283Q174</cusip>
        <identifiers>
          <isin value="DE0008303504"/>
          <ticker value="TEG"/>
        </identifiers>
        <balance>25424</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>631899.23</valUSD>
        <pctVal>0.0715557064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Barry Callebaut AG</name>
        <lei>213800Y5RWKLDPUTT265</lei>
        <title>Barry Callebaut AG CHF0.02 (REGD)</title>
        <cusip>H05072105</cusip>
        <identifiers>
          <isin value="CH0009002962"/>
          <ticker value="BARN"/>
        </identifiers>
        <balance>132</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>291812.45</valUSD>
        <pctVal>0.0330445821</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arkema</name>
        <lei>9695000EHMS84KKP2785</lei>
        <title>Arkema EUR10</title>
        <cusip>F0392W125</cusip>
        <identifiers>
          <isin value="FR0010313833"/>
          <ticker value="AKE"/>
        </identifiers>
        <balance>7510</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>801058.81</valUSD>
        <pctVal>0.0907111867</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Saras Raffinerie</name>
        <lei>5299005KJSU2AQUJUH84</lei>
        <title>Saras Raffinerie NPV</title>
        <cusip>T83058106</cusip>
        <identifiers>
          <isin value="IT0000433307"/>
          <ticker value="SRS"/>
        </identifiers>
        <balance>151427</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>243663.66</valUSD>
        <pctVal>0.0275922560</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Northern Inst Fds</name>
        <lei>549300Y178DO5JBR1S04</lei>
        <title>Northern Inst Fds GOVT PTFL</title>
        <cusip>665278404</cusip>
        <identifiers>
          <isin value="US6652784041"/>
          <ticker value="BNGXX"/>
        </identifiers>
        <balance>674853.2</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>674853.2</valUSD>
        <pctVal>0.0764197757</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vesuvius PLC</name>
        <lei>213800ORZ521W585SY02</lei>
        <title>Vesuvius PLC ORD GBP0.10</title>
        <cusip>G9339E105</cusip>
        <identifiers>
          <isin value="GB00B82YXW83"/>
          <ticker value="VSVS"/>
        </identifiers>
        <balance>48949</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>327003.55</valUSD>
        <pctVal>0.0370295910</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>Homeserve</name>
        <lei>213800EKBJTGNMXEDF11</lei>
        <title>Homeserve ORD GBP0.0269230769</title>
        <cusip>G4639X119</cusip>
        <identifiers>
          <isin value="GB00BYYTFB60"/>
          <ticker value="HSV"/>
        </identifiers>
        <balance>18113</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>303404.18</valUSD>
        <pctVal>0.0343572193</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>FRASERS LOGISTICS &amp; IND TRUST</name>
        <lei>N/A</lei>
        <title>FRASERS LOGISTICS &amp; IND TRUST NPV UNITS (REIT)</title>
        <cusip>Y26465107</cusip>
        <identifiers>
          <isin value="SG1CI9000006"/>
          <ticker value="BUOU"/>
        </identifiers>
        <balance>496400</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.34495"/>
        <valUSD>457711.28</valUSD>
        <pctVal>0.0518308180</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TFI International Inc</name>
        <lei>N/A</lei>
        <title>TFI International Inc COM</title>
        <cusip>87241L109</cusip>
        <identifiers>
          <isin value="CA87241L1094"/>
          <ticker value="TFII"/>
        </identifiers>
        <balance>13510</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>455379.23</valUSD>
        <pctVal>0.0515667387</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>Adapteo Oyj</name>
        <lei>549300PDEX0KMLMDNZ32</lei>
        <title>Adapteo Oyj NPV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FI4000383898"/>
          <ticker value="ADAPT"/>
        </identifiers>
        <balance>19431</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.36635"/>
        <valUSD>238467.11</valUSD>
        <pctVal>0.0270038033</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NET One Systems Co</name>
        <lei>N/A</lei>
        <title>NET One Systems Co NPV</title>
        <cusip>J48894109</cusip>
        <identifiers>
          <isin value="JP3758200004"/>
          <ticker value="7518"/>
        </identifiers>
        <balance>34200</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>878670.29</valUSD>
        <pctVal>0.0994998416</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Adastria Co Ltd</name>
        <lei>N/A</lei>
        <title>Adastria Co Ltd NPV</title>
        <cusip>J63944102</cusip>
        <identifiers>
          <isin value="JP3856000009"/>
          <ticker value="2685"/>
        </identifiers>
        <balance>16100</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>366392.18</valUSD>
        <pctVal>0.0414899244</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SL Corporation</name>
        <lei>N/A</lei>
        <title>SL Corporation KRW500</title>
        <cusip>Y7469Y107</cusip>
        <identifiers>
          <isin value="KR7005850003"/>
          <ticker value="A005850"/>
        </identifiers>
        <balance>12318</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>192898.42</valUSD>
        <pctVal>0.0218436454</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ship Healthcare Holdings, Inc.</name>
        <lei>353800BIFUE1L527TH13</lei>
        <title>Ship Healthcare Holdings, Inc. NPV</title>
        <cusip>J7T445100</cusip>
        <identifiers>
          <isin value="JP3274150006"/>
          <ticker value="3360"/>
        </identifiers>
        <balance>9300</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>430869.03</valUSD>
        <pctVal>0.0487912255</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Starts Corp</name>
        <lei>N/A</lei>
        <title>Starts Corp NPV</title>
        <cusip>J76702109</cusip>
        <identifiers>
          <isin value="JP3399200009"/>
          <ticker value="8850"/>
        </identifiers>
        <balance>12000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>305536.09</valUSD>
        <pctVal>0.0345986349</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Invincible Investment Corporation</name>
        <lei>353800JY6M2692VAV685</lei>
        <title>Invincible Investment Corporation REIT</title>
        <cusip>J2442V103</cusip>
        <identifiers>
          <isin value="JP3046190009"/>
          <ticker value="8963"/>
        </identifiers>
        <balance>922</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>525229.17</valUSD>
        <pctVal>0.0594764838</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Capcom Co Ltd</name>
        <lei>529900JJWQKXS3TC8744</lei>
        <title>Capcom Co Ltd NPV</title>
        <cusip>J05187109</cusip>
        <identifiers>
          <isin value="JP3218900003"/>
          <ticker value="9697"/>
        </identifiers>
        <balance>11700</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>324956.68</valUSD>
        <pctVal>0.0367978052</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CSL</name>
        <lei>529900ECSECK5ZDQTE14</lei>
        <title>CSL ORD NPV</title>
        <cusip>Q3018U109</cusip>
        <identifiers>
          <isin value="AU000000CSL8"/>
          <ticker value="CSL"/>
        </identifiers>
        <balance>64076</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4250089"/>
        <valUSD>12435301.65</valUSD>
        <pctVal>1.4081624914</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Korian S.A.</name>
        <lei>969500WEPS61H6TJM037</lei>
        <title>Korian S.A. EUR5</title>
        <cusip>F5412L108</cusip>
        <identifiers>
          <isin value="FR0010386334"/>
          <ticker value="KORI"/>
        </identifiers>
        <balance>11100</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>523223.96</valUSD>
        <pctVal>0.0592494156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daiseki Co Ltd</name>
        <lei>N/A</lei>
        <title>Daiseki Co Ltd NPV</title>
        <cusip>J10773109</cusip>
        <identifiers>
          <isin value="JP3485600005"/>
          <ticker value="9793"/>
        </identifiers>
        <balance>10800</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>310260.44</valUSD>
        <pctVal>0.0351336161</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Denka Company Limited</name>
        <lei>353800Y94EKQEH8MVD43</lei>
        <title>Denka Company Limited NPV</title>
        <cusip>J1257Q100</cusip>
        <identifiers>
          <isin value="JP3549600009"/>
          <ticker value="4061"/>
        </identifiers>
        <balance>9200</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>273281.95</valUSD>
        <pctVal>0.0309462048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fuji Oil Holdings Inc</name>
        <lei>N/A</lei>
        <title>Fuji Oil Holdings Inc NPV</title>
        <cusip>J14994107</cusip>
        <identifiers>
          <isin value="JP3816400000"/>
          <ticker value="2607"/>
        </identifiers>
        <balance>8500</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>229254.13</valUSD>
        <pctVal>0.0259605336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kumagai Gumi Co Ltd</name>
        <lei>529900M993KYZI2Q1Q47</lei>
        <title>Kumagai Gumi Co Ltd NPV</title>
        <cusip>J36705150</cusip>
        <identifiers>
          <isin value="JP3266800006"/>
          <ticker value="1861"/>
        </identifiers>
        <balance>10900</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>331256.6</valUSD>
        <pctVal>0.0375112026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UT Group Co Ltd</name>
        <lei>N/A</lei>
        <title>UT Group Co Ltd NPV</title>
        <cusip>J94281102</cusip>
        <identifiers>
          <isin value="JP3949500007"/>
          <ticker value="2146"/>
        </identifiers>
        <balance>10900</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>324930.93</valUSD>
        <pctVal>0.0367948893</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Partron Co Ltd</name>
        <lei>N/A</lei>
        <title>Partron Co Ltd KRW500</title>
        <cusip>Y6750Z104</cusip>
        <identifiers>
          <isin value="KR7091700005"/>
          <ticker value="A091700"/>
        </identifiers>
        <balance>23661</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>269033.14</valUSD>
        <pctVal>0.0304650733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rengo Co., Ltd.</name>
        <lei>N/A</lei>
        <title>Rengo Co., Ltd. NPV</title>
        <cusip>J64382104</cusip>
        <identifiers>
          <isin value="JP3981400009"/>
          <ticker value="3941"/>
        </identifiers>
        <balance>35100</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>267304.09</valUSD>
        <pctVal>0.0302692772</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Almirall Sa</name>
        <lei>95980020140005007996</lei>
        <title>Almirall Sa EUR0.12</title>
        <cusip>E0459H111</cusip>
        <identifiers>
          <isin value="ES0157097017"/>
          <ticker value="ALM"/>
        </identifiers>
        <balance>19572</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>322741.38</valUSD>
        <pctVal>0.0365469466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sawai Pharmaceutical Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Sawai Pharmaceutical Co. Ltd. NPV</title>
        <cusip>J69811107</cusip>
        <identifiers>
          <isin value="JP3323050009"/>
          <ticker value="4555"/>
        </identifiers>
        <balance>7700</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>487714.23</valUSD>
        <pctVal>0.0552283253</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seino Holdings</name>
        <lei>3538001D12EPCPYTTF24</lei>
        <title>Seino Holdings NPV</title>
        <cusip>J70316138</cusip>
        <identifiers>
          <isin value="JP3415400005"/>
          <ticker value="9076"/>
        </identifiers>
        <balance>26700</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>360088.19</valUSD>
        <pctVal>0.0407760662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>shiga bank</name>
        <lei>3538002NUIQ8JFEJNS94</lei>
        <title>shiga bank NPV</title>
        <cusip>J71692107</cusip>
        <identifiers>
          <isin value="JP3347600003"/>
          <ticker value="8366"/>
        </identifiers>
        <balance>15200</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>385266.84</valUSD>
        <pctVal>0.0436272741</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Diasorin Spa</name>
        <lei>8156002878BDF0EE4348</lei>
        <title>Diasorin Spa EUR1</title>
        <cusip>T3475Y104</cusip>
        <identifiers>
          <isin value="IT0003492391"/>
          <ticker value="DIA"/>
        </identifiers>
        <balance>3035</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>393029.69</valUSD>
        <pctVal>0.0445063323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Bakelite Co Ltd</name>
        <lei>N/A</lei>
        <title>Sumitomo Bakelite Co Ltd NPV</title>
        <cusip>J77024115</cusip>
        <identifiers>
          <isin value="JP3409400003"/>
          <ticker value="4203"/>
        </identifiers>
        <balance>5900</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>220726.21</valUSD>
        <pctVal>0.0249948396</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mineral Resources Ltd</name>
        <lei>5299007V1ACKFFX2P066</lei>
        <title>Mineral Resources Ltd NPV</title>
        <cusip>Q60976109</cusip>
        <identifiers>
          <isin value="AU000000MIN4"/>
          <ticker value="MIN"/>
        </identifiers>
        <balance>45142</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4250089"/>
        <valUSD>524651.07</valUSD>
        <pctVal>0.0594110202</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Advantest Corp</name>
        <lei>353800EMK32PDKS9XR54</lei>
        <title>Advantest Corp NPV</title>
        <cusip>J00210104</cusip>
        <identifiers>
          <isin value="JP3122400009"/>
          <ticker value="6857"/>
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        <balance>7400</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>418679.32</valUSD>
        <pctVal>0.0474108736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Takasago Thermal Engineering Co., Ltd.</name>
        <lei>N/A</lei>
        <title>Takasago Thermal Engineering Co., Ltd. NPV</title>
        <cusip>J81023111</cusip>
        <identifiers>
          <isin value="JP3455200000"/>
          <ticker value="1969"/>
        </identifiers>
        <balance>18800</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>336295.36</valUSD>
        <pctVal>0.0380817873</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tokyo Steel Mfg</name>
        <lei>N/A</lei>
        <title>Tokyo Steel Mfg NPV</title>
        <cusip>J88204110</cusip>
        <identifiers>
          <isin value="JP3579800008"/>
          <ticker value="5423"/>
        </identifiers>
        <balance>44500</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>320805.92</valUSD>
        <pctVal>0.0363277769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vanguard Tax Manag</name>
        <lei>549300PTTIGTMUA02X28</lei>
        <title>Vanguard Tax Manag FTSE DEV MKT ETF</title>
        <cusip>921943858</cusip>
        <identifiers>
          <isin value="US9219438580"/>
          <ticker value="VEA"/>
        </identifiers>
        <balance>15819</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>696985.14</valUSD>
        <pctVal>0.0789259769</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>Loomis Ab</name>
        <lei>213800NS2XXVRYS7WP40</lei>
        <title>Loomis Ab SER'B'NPV</title>
        <cusip>W5650X104</cusip>
        <identifiers>
          <isin value="SE0002683557"/>
          <ticker value="LOOM B"/>
        </identifiers>
        <balance>10993</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.36635"/>
        <valUSD>455395.75</valUSD>
        <pctVal>0.0515686094</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seven Group Holdings Limited</name>
        <lei>254900DME8O9GCK94794</lei>
        <title>Seven Group Holdings Limited NPV</title>
        <cusip>Q84384108</cusip>
        <identifiers>
          <isin value="AU000000SVW5"/>
          <ticker value="SVW"/>
        </identifiers>
        <balance>27051</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4250089"/>
        <valUSD>370481.27</valUSD>
        <pctVal>0.0419529693</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zenkoku Hosho Co Ltd</name>
        <lei>353800VOQEKTSCSL9O03</lei>
        <title>Zenkoku Hosho Co Ltd NPV</title>
        <cusip>J98829104</cusip>
        <identifiers>
          <isin value="JP3429250008"/>
          <ticker value="7164"/>
        </identifiers>
        <balance>14100</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>602513.72</valUSD>
        <pctVal>0.0682281174</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coca-Cola Hbc Ag</name>
        <lei>549300EFP3TNG7JGVE49</lei>
        <title>Coca-Cola Hbc Ag ORD CHF6.70</title>
        <cusip>H1512E100</cusip>
        <identifiers>
          <isin value="CH0198251305"/>
          <ticker value="CCH"/>
        </identifiers>
        <balance>17064</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>581996.14</valUSD>
        <pctVal>0.0659047249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Intermediate Capital Group PLC</name>
        <lei>549300OGASR5WRKJ8R68</lei>
        <title>Intermediate Capital Group PLC ORD GBP0.2625</title>
        <cusip>G4807D192</cusip>
        <identifiers>
          <isin value="GB00BYT1DJ19"/>
          <ticker value="ICP"/>
        </identifiers>
        <balance>27021</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>577704.26</valUSD>
        <pctVal>0.0654187162</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Soitec S.A.</name>
        <lei>969500ZR92SQCU9TST26</lei>
        <title>Soitec S.A. EUR2</title>
        <cusip>F8582K389</cusip>
        <identifiers>
          <isin value="FR0013227113"/>
          <ticker value="SOI"/>
        </identifiers>
        <balance>3874</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>408914.9</valUSD>
        <pctVal>0.0463051593</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sika AG</name>
        <lei>549300R3N69ECGYPU434</lei>
        <title>Sika AG CHF0.01 (REG)</title>
        <cusip>H7631K273</cusip>
        <identifiers>
          <isin value="CH0418792922"/>
          <ticker value="SIKA"/>
        </identifiers>
        <balance>38125</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>7179663.19</valUSD>
        <pctVal>0.8130186697</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vontobel Holding AG</name>
        <lei>529900G69W5VR3DDPW23</lei>
        <title>Vontobel Holding AG CHF1 (REGD)</title>
        <cusip>H92070210</cusip>
        <identifiers>
          <isin value="CH0012335540"/>
          <ticker value="VONN"/>
        </identifiers>
        <balance>7241</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>517710.9</valUSD>
        <pctVal>0.0586251216</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nexans</name>
        <lei>96950015FU78G84UIV14</lei>
        <title>Nexans EUR1</title>
        <cusip>F65277109</cusip>
        <identifiers>
          <isin value="FR0000044448"/>
          <ticker value="NEX"/>
        </identifiers>
        <balance>8864</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>433239.54</valUSD>
        <pctVal>0.0490596599</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Straumann Hldg</name>
        <lei>50670046ML5FVIM60Z37</lei>
        <title>Straumann Hldg CHF0.10 (REGD)</title>
        <cusip>H8300N119</cusip>
        <identifiers>
          <isin value="CH0012280076"/>
          <ticker value="STMN"/>
        </identifiers>
        <balance>564</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>553592.37</valUSD>
        <pctVal>0.0626883073</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Swiss Life Holding</name>
        <lei>5493000KUC3Z24U77V93</lei>
        <title>Swiss Life Holding CHF5.10 (REGD)</title>
        <cusip>H8404J162</cusip>
        <identifiers>
          <isin value="CH0014852781"/>
          <ticker value="SLHN"/>
        </identifiers>
        <balance>2084</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>1045545.28</valUSD>
        <pctVal>0.1183966170</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Matsumotokiyoshi H</name>
        <lei>N/A</lei>
        <title>Matsumotokiyoshi H NPV</title>
        <cusip>J41208109</cusip>
        <identifiers>
          <isin value="JP3869010003"/>
          <ticker value="3088"/>
        </identifiers>
        <balance>10400</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>405314.24</valUSD>
        <pctVal>0.0458974238</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sanwa Holdings Corp</name>
        <lei>N/A</lei>
        <title>Sanwa Holdings Corp NPV</title>
        <cusip>J6858G104</cusip>
        <identifiers>
          <isin value="JP3344400001"/>
          <ticker value="5929"/>
        </identifiers>
        <balance>35300</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>395470.65</valUSD>
        <pctVal>0.0447827444</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Saracen Mineral Hl</name>
        <lei>254900SQ035N7AB62C07</lei>
        <title>Saracen Mineral Hl NPV</title>
        <cusip>Q8309T109</cusip>
        <identifiers>
          <isin value="AU000000SAR9"/>
          <ticker value="SAR"/>
        </identifiers>
        <balance>108220</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4250089"/>
        <valUSD>251261</valUSD>
        <pctVal>0.0284525720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>B2Gold Corp.</name>
        <lei>549300F7OK456M5NLM05</lei>
        <title>B2Gold Corp. COM</title>
        <cusip>11777Q209</cusip>
        <identifiers>
          <isin value="CA11777Q2099"/>
          <ticker value="BTO"/>
        </identifiers>
        <balance>106946</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>429085.26</valUSD>
        <pctVal>0.0485892330</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>Korea United Pharm</name>
        <lei>N/A</lei>
        <title>Korea United Pharm KRW500</title>
        <cusip>Y4S356100</cusip>
        <identifiers>
          <isin value="KR7033270000"/>
          <ticker value="A033270"/>
        </identifiers>
        <balance>8997</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>142567.54</valUSD>
        <pctVal>0.0161442213</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>P/F Bakkafrost</name>
        <lei>2138007LH7OP4V112978</lei>
        <title>P/F Bakkafrost DKK1</title>
        <cusip>K0840B107</cusip>
        <identifiers>
          <isin value="FO0000000179"/>
          <ticker value="BAKKA"/>
        </identifiers>
        <balance>4762</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.7793"/>
        <valUSD>352584.54</valUSD>
        <pctVal>0.0399263595</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tamarack Valley En</name>
        <lei>N/A</lei>
        <title>Tamarack Valley En COM NEW</title>
        <cusip>87505Y409</cusip>
        <identifiers>
          <isin value="CA87505Y4094"/>
          <ticker value="TVE"/>
        </identifiers>
        <balance>162031</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>249556.81</valUSD>
        <pctVal>0.0282595911</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>Wizz Air Holdings Plc</name>
        <lei>213800COXGZCORLJZA85</lei>
        <title>Wizz Air Holdings Plc ORD GBP0.0001</title>
        <cusip>G96871101</cusip>
        <identifiers>
          <isin value="JE00BN574F90"/>
          <ticker value="WIZZ"/>
        </identifiers>
        <balance>10762</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>555639.43</valUSD>
        <pctVal>0.0629201145</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>Auto Trader Group Plc</name>
        <lei>213800QLK9BZILB1DI86</lei>
        <title>Auto Trader Group Plc ORD GBP0.01</title>
        <cusip>G06708104</cusip>
        <identifiers>
          <isin value="GB00BVYVFW23"/>
          <ticker value="AUTO"/>
        </identifiers>
        <balance>54661</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>431988.93</valUSD>
        <pctVal>0.0489180420</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>Infrastrutture Wireless Italia Spa</name>
        <lei>81560066183FE361C071</lei>
        <title>Infrastrutture Wireless Italia Spa NPV</title>
        <cusip>T6032P102</cusip>
        <identifiers>
          <isin value="IT0005090300"/>
          <ticker value="INW"/>
        </identifiers>
        <balance>35960</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>352259.1</valUSD>
        <pctVal>0.0398895070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cairn Energy Plc</name>
        <lei>213800ZJEUQ8ZOC9AL24</lei>
        <title>Cairn Energy Plc ORD GBP0.0136686</title>
        <cusip>G17528269</cusip>
        <identifiers>
          <isin value="GB00B74CDH82"/>
          <ticker value="CNE"/>
        </identifiers>
        <balance>134195</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>366170.69</valUSD>
        <pctVal>0.0414648430</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>Valmet Corporation</name>
        <lei>213800D9O7FUQDH83V62</lei>
        <title>Valmet Corporation NPV</title>
        <cusip>X96478114</cusip>
        <identifiers>
          <isin value="FI4000074984"/>
          <ticker value="VALMT"/>
        </identifiers>
        <balance>20479</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>490711.54</valUSD>
        <pctVal>0.0555677381</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aggreko Plc</name>
        <lei>2138003R7TGCSVF27H47</lei>
        <title>Aggreko Plc ORD GBP0.048329113924</title>
        <cusip>G0116S185</cusip>
        <identifiers>
          <isin value="GB00BK1PTB77"/>
          <ticker value="AGK"/>
        </identifiers>
        <balance>28439</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>313935.27</valUSD>
        <pctVal>0.0355497506</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>Stillfront Group Ab</name>
        <lei>529900SYKCO4GYBTIJ54</lei>
        <title>Stillfront Group Ab NPV</title>
        <cusip>W87819103</cusip>
        <identifiers>
          <isin value="SE0007704788"/>
          <ticker value="SF"/>
        </identifiers>
        <balance>9036</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.36635"/>
        <valUSD>354705.31</valUSD>
        <pctVal>0.0401665136</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Essilorluxottica</name>
        <lei>549300M3VH1A3ER1TB49</lei>
        <title>Essilorluxottica EUR0.18</title>
        <cusip>F31665106</cusip>
        <identifiers>
          <isin value="FR0000121667"/>
          <ticker value="EL"/>
        </identifiers>
        <balance>47823</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>7259786.24</valUSD>
        <pctVal>0.8220917326</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BP p.l.c.</name>
        <lei>213800LH1BZH3DI6G760</lei>
        <title>BP p.l.c. ORD USD0.25</title>
        <cusip>G12793108</cusip>
        <identifiers>
          <isin value="GB0007980591"/>
          <ticker value="BP."/>
        </identifiers>
        <balance>674515</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>4234165.89</valUSD>
        <pctVal>0.4794731770</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>Royal Dutch Shell plc</name>
        <lei>21380068P1DRHMJ8KU70</lei>
        <title>Royal Dutch Shell plc 'B'ORD EUR0.07</title>
        <cusip>G7690A118</cusip>
        <identifiers>
          <isin value="GB00B03MM408"/>
          <ticker value="RDSB"/>
        </identifiers>
        <balance>149094</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>4442641</valUSD>
        <pctVal>0.5030807129</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>Cobham</name>
        <lei>213800A41R9NL49E5632</lei>
        <title>Cobham ORD GBP0.025</title>
        <cusip>G41440143</cusip>
        <identifiers>
          <isin value="GB00B07KD360"/>
          <ticker value="COB"/>
        </identifiers>
        <balance>308256</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>670916.47</valUSD>
        <pctVal>0.0759739839</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>Aviva Plc</name>
        <lei>YF0Y5B0IB8SM0ZFG9G81</lei>
        <title>Aviva Plc ORD GBP0.25</title>
        <cusip>G0683Q109</cusip>
        <identifiers>
          <isin value="GB0002162385"/>
          <ticker value="AV."/>
        </identifiers>
        <balance>479137</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>2672900.87</valUSD>
        <pctVal>0.3026769156</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>Brit Amer Tobacco</name>
        <lei>213800FKA5MF17RJKT63</lei>
        <title>Brit Amer Tobacco ORD GBP0.25</title>
        <cusip>G1510J102</cusip>
        <identifiers>
          <isin value="GB0002875804"/>
          <ticker value="BATS"/>
        </identifiers>
        <balance>116334</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>4956438.23</valUSD>
        <pctVal>0.5612626539</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>Prudential plc</name>
        <lei>5493001Z3ZE83NGK8Y12</lei>
        <title>Prudential plc GBP0.05</title>
        <cusip>G72899100</cusip>
        <identifiers>
          <isin value="GB0007099541"/>
          <ticker value="PRU"/>
        </identifiers>
        <balance>209221</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>4025713.3</valUSD>
        <pctVal>0.4558681912</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>SSE Plc</name>
        <lei>549300KI75VYLLMSK856</lei>
        <title>SSE Plc GBP0.50</title>
        <cusip>G8842P102</cusip>
        <identifiers>
          <isin value="GB0007908733"/>
          <ticker value="SSE"/>
        </identifiers>
        <balance>124072</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>2377211.39</valUSD>
        <pctVal>0.2691933021</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>Lloyds Banking Group plc</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>Lloyds Banking Group plc ORD GBP0.1</title>
        <cusip>G5533W248</cusip>
        <identifiers>
          <isin value="GB0008706128"/>
          <ticker value="LLOY"/>
        </identifiers>
        <balance>1571671</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>1311759.44</valUSD>
        <pctVal>0.1485424715</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>Vodafone Group plc</name>
        <lei>213800TB53ELEUKM7Q61</lei>
        <title>Vodafone Group plc ORD USD0.2095238</title>
        <cusip>G93882192</cusip>
        <identifiers>
          <isin value="GB00BH4HKS39"/>
          <ticker value="VOD"/>
        </identifiers>
        <balance>1770256</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>3436726.17</valUSD>
        <pctVal>0.3891718128</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>Manulife Financial Corporation</name>
        <lei>5493007GBX87QOZACS27</lei>
        <title>Manulife Financial Corporation COM</title>
        <cusip>56501R106</cusip>
        <identifiers>
          <isin value="CA56501R1064"/>
          <ticker value="MFC"/>
        </identifiers>
        <balance>92187</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>1871355.99</valUSD>
        <pctVal>0.2119106868</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>Gildan Activewear</name>
        <lei>549300SB3IBI34M00Z45</lei>
        <title>Gildan Activewear COM</title>
        <cusip>375916103</cusip>
        <identifiers>
          <isin value="CA3759161035"/>
          <ticker value="GIL"/>
        </identifiers>
        <balance>32935</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>973681.91</valUSD>
        <pctVal>0.1102588729</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>EnCana Corporation</name>
        <lei>CZ72ZHBVKZXQRV3XFE26</lei>
        <title>EnCana Corporation COM</title>
        <cusip>292505104</cusip>
        <identifiers>
          <isin value="CA2925051047"/>
          <ticker value="ECA"/>
        </identifiers>
        <balance>536839</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>2513558.29</valUSD>
        <pctVal>0.2846331037</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>Sompo Holdings Inc</name>
        <lei>353800CWW4SRGEYEB512</lei>
        <title>Sompo Holdings Inc NPV</title>
        <cusip>J7621A101</cusip>
        <identifiers>
          <isin value="JP3165000005"/>
          <ticker value="8630"/>
        </identifiers>
        <balance>32500</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1273489</valUSD>
        <pctVal>0.1442087609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Akzo Nobel N.V.</name>
        <lei>724500XYIJUGXAA5QD70</lei>
        <title>Akzo Nobel N.V. EUR0.50(POST REV SPLIT)</title>
        <cusip>N01803308</cusip>
        <identifiers>
          <isin value="NL0013267909"/>
          <ticker value="AKZA"/>
        </identifiers>
        <balance>26118</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>2662944.73</valUSD>
        <pctVal>0.3015494912</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sinopharm Group Co Ltd</name>
        <lei>529900N54X78YH9JYK92</lei>
        <title>Sinopharm Group Co Ltd 'H'SHS CNY1</title>
        <cusip>Y8008N107</cusip>
        <identifiers>
          <isin value="CNE100000FN7"/>
          <ticker value="1099"/>
        </identifiers>
        <balance>245958</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7923"/>
        <valUSD>899618.93</valUSD>
        <pctVal>0.1018720470</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Total S.A.</name>
        <lei>529900S21EQ1BO4ESM68</lei>
        <title>Total S.A. EUR2.5</title>
        <cusip>F92124100</cusip>
        <identifiers>
          <isin value="FR0000120271"/>
          <ticker value="FP"/>
        </identifiers>
        <balance>75362</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>4164674.28</valUSD>
        <pctVal>0.4716040089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Air France-KLM</name>
        <lei>969500AQW31GYO8JZD66</lei>
        <title>Air France-KLM EUR1.00</title>
        <cusip>F01699135</cusip>
        <identifiers>
          <isin value="FR0000031122"/>
          <ticker value="AF"/>
        </identifiers>
        <balance>77513</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>862919.32</valUSD>
        <pctVal>0.0977162158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAP SE</name>
        <lei>529900D6BF99LW9R2E68</lei>
        <title>SAP SE ORD NPV</title>
        <cusip>D66992104</cusip>
        <identifiers>
          <isin value="DE0007164600"/>
          <ticker value="SAP"/>
        </identifiers>
        <balance>28338</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>3819107.22</valUSD>
        <pctVal>0.4324723026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Deutsche Post AG</name>
        <lei>8ER8GIG7CSMVD8VUFE78</lei>
        <title>Deutsche Post AG NPV(REGD)</title>
        <cusip>D19225107</cusip>
        <identifiers>
          <isin value="DE0005552004"/>
          <ticker value="DPW"/>
        </identifiers>
        <balance>83193</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>3176273.56</valUSD>
        <pctVal>0.3596783910</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Baidu, Inc.</name>
        <lei>254900AL64IANZYI1E02</lei>
        <title>Baidu, Inc. SPON ADS EACH REP 0.1 ORD SHS</title>
        <cusip>056752108</cusip>
        <identifiers>
          <isin value="US0567521085"/>
          <ticker value="BIDU"/>
        </identifiers>
        <balance>31695</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4006248</valUSD>
        <pctVal>0.4536639579</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>Johnson Matthey Bankers Ltd</name>
        <lei>2138001AVBSD1HSC6Z10</lei>
        <title>Johnson Matthey Bankers Ltd ORD GBP1.109245</title>
        <cusip>G51604166</cusip>
        <identifiers>
          <isin value="GB00BZ4BQC70"/>
          <ticker value="JMAT"/>
        </identifiers>
        <balance>51264</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>2039718.65</valUSD>
        <pctVal>0.2309759246</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>Micro Focus International Plc</name>
        <lei>213800F8E4X648142844</lei>
        <title>Micro Focus International Plc ORD GBP0.10</title>
        <cusip>G6117L194</cusip>
        <identifiers>
          <isin value="GB00BJ1F4N75"/>
          <ticker value="MCRO"/>
        </identifiers>
        <balance>101915</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>1438983.51</valUSD>
        <pctVal>0.1629492120</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>Volkswagen Aktiengesellschaft</name>
        <lei>529900NNUPAGGOMPXZ31</lei>
        <title>Volkswagen Aktiengesellschaft NON VTG PRF NPV</title>
        <cusip>D94523103</cusip>
        <identifiers>
          <isin value="DE0007664039"/>
          <ticker value="VOW3"/>
        </identifiers>
        <balance>39826</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>7872879.32</valUSD>
        <pctVal>0.8915178473</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Carrefour S.A.</name>
        <lei>549300B8P6MUJ1YWTS08</lei>
        <title>Carrefour S.A. EUR2.50</title>
        <cusip>F13923119</cusip>
        <identifiers>
          <isin value="FR0000120172"/>
          <ticker value="CA"/>
        </identifiers>
        <balance>136148</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>2287031.2</valUSD>
        <pctVal>0.2589813776</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Siemens AG</name>
        <lei>W38RGI023J3WT1HWRP32</lei>
        <title>Siemens AG NPV(REGD)</title>
        <cusip>D69671218</cusip>
        <identifiers>
          <isin value="DE0007236101"/>
          <ticker value="SIE"/>
        </identifiers>
        <balance>36386</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>4756375.05</valUSD>
        <pctVal>0.5386076775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Infineon Technologies AG</name>
        <lei>TSI2PJM6EPETEQ4X1U25</lei>
        <title>Infineon Technologies AG ORD NPV (REGD)</title>
        <cusip>D35415104</cusip>
        <identifiers>
          <isin value="DE0006231004"/>
          <ticker value="IFX"/>
        </identifiers>
        <balance>49425</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>1133408.32</valUSD>
        <pctVal>0.1283461494</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Northern Inst Fds</name>
        <lei>549300Y178DO5JBR1S04</lei>
        <title>Northern Inst Fds GOVT PTFL</title>
        <cusip>665278404</cusip>
        <identifiers>
          <isin value="US6652784041"/>
          <ticker value="BNGXX"/>
        </identifiers>
        <balance>1599313.44</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1599313.44</valUSD>
        <pctVal>0.1811048305</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Basf Se</name>
        <lei>529900PM64WH8AF1E917</lei>
        <title>Basf Se NPV</title>
        <cusip>D06216317</cusip>
        <identifiers>
          <isin value="DE000BASF111"/>
          <ticker value="BAS"/>
        </identifiers>
        <balance>87249</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>6616674.04</valUSD>
        <pctVal>0.7492662794</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UniCredit S.p.A.</name>
        <lei>549300TRUWO2CD2G5692</lei>
        <title>UniCredit S.p.A. NPV</title>
        <cusip>T9T23L642</cusip>
        <identifiers>
          <isin value="IT0005239360"/>
          <ticker value="UCG"/>
        </identifiers>
        <balance>406583</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>5944362.74</valUSD>
        <pctVal>0.6731343462</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Mitsui Financial Group Inc</name>
        <lei>35380028MYWPB6AUO129</lei>
        <title>Sumitomo Mitsui Financial Group Inc NPV</title>
        <cusip>J7771X109</cusip>
        <identifiers>
          <isin value="JP3890350006"/>
          <ticker value="8316"/>
        </identifiers>
        <balance>63500</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>2337574.23</valUSD>
        <pctVal>0.2647048254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Mobile Limited</name>
        <lei>529900U2JJ7GK68NI589</lei>
        <title>China Mobile Limited NPV</title>
        <cusip>Y14965100</cusip>
        <identifiers>
          <isin value="HK0941009539"/>
          <ticker value="941"/>
        </identifiers>
        <balance>657859</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7923"/>
        <valUSD>5554821.02</valUSD>
        <pctVal>0.6290229885</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KDDI Corp</name>
        <lei>5299003FU7V4I45FU310</lei>
        <title>KDDI Corp NPV</title>
        <cusip>J31843105</cusip>
        <identifiers>
          <isin value="JP3496400007"/>
          <ticker value="9433"/>
        </identifiers>
        <balance>95600</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>2844080.25</valUSD>
        <pctVal>0.3220611163</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>East Japan Railway Co</name>
        <lei>353800SENYJ2DSM6PS44</lei>
        <title>East Japan Railway Co NPV</title>
        <cusip>J1257M109</cusip>
        <identifiers>
          <isin value="JP3783600004"/>
          <ticker value="9020"/>
        </identifiers>
        <balance>23100</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>2085096.42</valUSD>
        <pctVal>0.2361144629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fanuc Corporation</name>
        <lei>529900QTSW745LOKW705</lei>
        <title>Fanuc Corporation NPV</title>
        <cusip>J13440102</cusip>
        <identifiers>
          <isin value="JP3802400006"/>
          <ticker value="6954"/>
        </identifiers>
        <balance>27900</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>5152800.62</valUSD>
        <pctVal>0.5834985562</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Merchants Port Holdings Company Limited</name>
        <lei>529900GA4UH90FUOR048</lei>
        <title>China Merchants Port Holdings Company Limited NPV</title>
        <cusip>Y1489Q103</cusip>
        <identifiers>
          <isin value="HK0144000764"/>
          <ticker value="144"/>
        </identifiers>
        <balance>512088</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7923"/>
        <valUSD>867573.82</valUSD>
        <pctVal>0.0982432872</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Murata Manufacturing Co Ltd</name>
        <lei>529900QZG6DL8ZRI7140</lei>
        <title>Murata Manufacturing Co Ltd NPV</title>
        <cusip>J46840104</cusip>
        <identifiers>
          <isin value="JP3914400001"/>
          <ticker value="6981"/>
        </identifiers>
        <balance>18900</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1168492.02</valUSD>
        <pctVal>0.1323189964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Danone SA</name>
        <lei>969500KMUQ2B6CBAF162</lei>
        <title>Danone SA EUR0.25</title>
        <cusip>F12033134</cusip>
        <identifiers>
          <isin value="FR0000120644"/>
          <ticker value="BN"/>
        </identifiers>
        <balance>26713</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>2217276.13</valUSD>
        <pctVal>0.2510823756</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Takeda Pharmaceutical Company Limited</name>
        <lei>549300ZLMVP4X0OGR454</lei>
        <title>Takeda Pharmaceutical Company Limited NPV</title>
        <cusip>J8129E108</cusip>
        <identifiers>
          <isin value="JP3463000004"/>
          <ticker value="4502"/>
        </identifiers>
        <balance>145200</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>5752512.6</valUSD>
        <pctVal>0.6514094071</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Roche Holdings AG</name>
        <lei>549300U41AUUVOAAOB37</lei>
        <title>Roche Holdings AG GENUSSCHEINE NPV</title>
        <cusip>H69293217</cusip>
        <identifiers>
          <isin value="CH0012032048"/>
          <ticker value="ROG"/>
        </identifiers>
        <balance>8666</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>2810020.23</valUSD>
        <pctVal>0.3182041899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ABB Limited</name>
        <lei>5493000LKVGOO9PELI61</lei>
        <title>ABB Limited CHF0.12 (REGD)</title>
        <cusip>H0010V101</cusip>
        <identifiers>
          <isin value="CH0012221716"/>
          <ticker value="ABBN"/>
        </identifiers>
        <balance>206701</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>4989945.36</valUSD>
        <pctVal>0.5650569715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BNP Paribas</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP Paribas EUR2</title>
        <cusip>F1058Q238</cusip>
        <identifiers>
          <isin value="FR0000131104"/>
          <ticker value="BNP"/>
        </identifiers>
        <balance>60559</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>3604908.23</valUSD>
        <pctVal>0.4082165996</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Caixabank S.A.</name>
        <lei>7CUNS533WID6K7DGFI87</lei>
        <title>Caixabank S.A. EUR1</title>
        <cusip>E2427M123</cusip>
        <identifiers>
          <isin value="ES0140609019"/>
          <ticker value="CABK"/>
        </identifiers>
        <balance>595232</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>1877131.43</valUSD>
        <pctVal>0.2125646925</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rolls Royce Hldgs</name>
        <lei>213800EC7997ZBLZJH69</lei>
        <title>Rolls Royce Hldgs ORD GBP0.20</title>
        <cusip>G76225104</cusip>
        <identifiers>
          <isin value="GB00B63H8491"/>
          <ticker value="RR."/>
        </identifiers>
        <balance>505655</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>4578792.22</valUSD>
        <pctVal>0.5184983558</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>Richemont(Cie Fin)</name>
        <lei>549300YIPGJ6UX2QPS51</lei>
        <title>Richemont(Cie Fin) CHF1 (REGD)</title>
        <cusip>H25662182</cusip>
        <identifiers>
          <isin value="CH0210483332"/>
          <ticker value="CFR"/>
        </identifiers>
        <balance>10196</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>800360.38</valUSD>
        <pctVal>0.0906320971</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ING Groep N.V.</name>
        <lei>549300NYKK9MWM7GGW15</lei>
        <title>ING Groep N.V. EUR0.01</title>
        <cusip>N4578E595</cusip>
        <identifiers>
          <isin value="NL0011821202"/>
          <ticker value="INGA"/>
        </identifiers>
        <balance>199373</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>2396073.28</valUSD>
        <pctVal>0.2713292057</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kingfisher plc</name>
        <lei>213800KBMEV7I92FY281</lei>
        <title>Kingfisher plc ORD GBP0.157142857</title>
        <cusip>G5256E441</cusip>
        <identifiers>
          <isin value="GB0033195214"/>
          <ticker value="KGF"/>
        </identifiers>
        <balance>815621</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>2365353.86</valUSD>
        <pctVal>0.2678505659</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>Sainsbury (J) plc</name>
        <lei>213800VGZAAJIKJ9Y484</lei>
        <title>Sainsbury (J) plc ORD GBP0.28571428</title>
        <cusip>G77732173</cusip>
        <identifiers>
          <isin value="GB00B019KW72"/>
          <ticker value="SBRY"/>
        </identifiers>
        <balance>1003515</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>3076291.13</valUSD>
        <pctVal>0.3483564696</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>ARC Resources</name>
        <lei>FIR47I6FEYKYNJBYW622</lei>
        <title>ARC Resources COM</title>
        <cusip>00208D408</cusip>
        <identifiers>
          <isin value="CA00208D4084"/>
          <ticker value="ARX"/>
        </identifiers>
        <balance>89721</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>565182.53</valUSD>
        <pctVal>0.0640007667</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>Renault</name>
        <lei>969500F7JLTX36OUI695</lei>
        <title>Renault EUR3.81</title>
        <cusip>F77098105</cusip>
        <identifiers>
          <isin value="FR0000131906"/>
          <ticker value="RNO"/>
        </identifiers>
        <balance>50707</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>2405528.83</valUSD>
        <pctVal>0.2723999438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Total S.A.</name>
        <lei>529900S21EQ1BO4ESM68</lei>
        <title>Total S.A. EUR2.5</title>
        <cusip>F92124100</cusip>
        <identifiers>
          <isin value="FR0000120271"/>
          <ticker value="FP"/>
        </identifiers>
        <balance>127720</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>7058095.57</valUSD>
        <pctVal>0.7992524606</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Norsk Hydro A/S</name>
        <lei>549300N1SDN71ZZ8BO45</lei>
        <title>Norsk Hydro A/S NOK1.098</title>
        <cusip>R61115102</cusip>
        <identifiers>
          <isin value="NO0005052605"/>
          <ticker value="NHY"/>
        </identifiers>
        <balance>714376</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.7793"/>
        <valUSD>2666957.78</valUSD>
        <pctVal>0.3020039254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RTL Group</name>
        <lei>5493000C8J3C3SZYS040</lei>
        <title>RTL Group NPV</title>
        <cusip>L80326108</cusip>
        <identifiers>
          <isin value="LU0061462528"/>
          <ticker value="RTLL"/>
        </identifiers>
        <balance>13431</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>662411.45</valUSD>
        <pctVal>0.0750108830</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Telecom Corp., Ltd.</name>
        <lei>529900JXXCCUCX634T88</lei>
        <title>China Telecom Corp., Ltd. CNY1'H'SHS</title>
        <cusip>Y1505D102</cusip>
        <identifiers>
          <isin value="CNE1000002V2"/>
          <ticker value="728"/>
        </identifiers>
        <balance>6627480</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7923"/>
        <valUSD>2720040.11</valUSD>
        <pctVal>0.3080149212</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Benesse Corp</name>
        <lei>549300XOPEJA8L2IV934</lei>
        <title>Benesse Corp NPV</title>
        <cusip>J0429N102</cusip>
        <identifiers>
          <isin value="JP3835620000"/>
          <ticker value="9783"/>
        </identifiers>
        <balance>21591</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>567720.57</valUSD>
        <pctVal>0.0642881721</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi Estate Co Ltd</name>
        <lei>353800KOFMRGOXSJ5Z65</lei>
        <title>Mitsubishi Estate Co Ltd NPV</title>
        <cusip>J43916113</cusip>
        <identifiers>
          <isin value="JP3899600005"/>
          <ticker value="8802"/>
        </identifiers>
        <balance>111500</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>2131568.76</valUSD>
        <pctVal>0.2413769493</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi Motors Corp</name>
        <lei>5299006ZTN6MO1N5BR16</lei>
        <title>Mitsubishi Motors Corp NPV</title>
        <cusip>J44131167</cusip>
        <identifiers>
          <isin value="JP3899800001"/>
          <ticker value="7211"/>
        </identifiers>
        <balance>311300</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1295824.12</valUSD>
        <pctVal>0.1467379701</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THK Co Ltd</name>
        <lei>N/A</lei>
        <title>THK Co Ltd NPV</title>
        <cusip>J83345108</cusip>
        <identifiers>
          <isin value="JP3539250005"/>
          <ticker value="6481"/>
        </identifiers>
        <balance>53800</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1444018.55</valUSD>
        <pctVal>0.1635193754</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Metro AG (New)</name>
        <lei>5299006EQ03K3SSUYS12</lei>
        <title>Metro AG (New) NPV</title>
        <cusip>D5S17Q116</cusip>
        <identifiers>
          <isin value="DE000BFB0019"/>
          <ticker value="B4B"/>
        </identifiers>
        <balance>48304</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>778621.29</valUSD>
        <pctVal>0.0881703819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UBS Group AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS Group AG CHF0.10 (REGD)</title>
        <cusip>H42097107</cusip>
        <identifiers>
          <isin value="CH0244767585"/>
          <ticker value="UBSG"/>
        </identifiers>
        <balance>375777</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>4742626.48</valUSD>
        <pctVal>0.5370508016</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HSBC Holdings plc</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC Holdings plc ORD USD0.50</title>
        <cusip>G4634U169</cusip>
        <identifiers>
          <isin value="GB0005405286"/>
          <ticker value="HSBA"/>
        </identifiers>
        <balance>529650</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>4159421.3</valUSD>
        <pctVal>0.4710091661</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>BP p.l.c.</name>
        <lei>213800LH1BZH3DI6G760</lei>
        <title>BP p.l.c. ORD USD0.25</title>
        <cusip>G12793108</cusip>
        <identifiers>
          <isin value="GB0007980591"/>
          <ticker value="BP."/>
        </identifiers>
        <balance>705267</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>4427206.93</valUSD>
        <pctVal>0.5013329725</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>Standard Chartered plc</name>
        <lei>U4LOSYZ7YG4W3S5F2G91</lei>
        <title>Standard Chartered plc ORD USD0.50</title>
        <cusip>G84228157</cusip>
        <identifiers>
          <isin value="GB0004082847"/>
          <ticker value="STAN"/>
        </identifiers>
        <balance>393026</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>3711982.58</valUSD>
        <pctVal>0.4203416037</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>Centrica plc</name>
        <lei>E26EDV109X6EEPBKVH76</lei>
        <title>Centrica plc ORD GBP0.061728395</title>
        <cusip>G2018Z143</cusip>
        <identifiers>
          <isin value="GB00B033F229"/>
          <ticker value="CNA"/>
        </identifiers>
        <balance>1452156</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>1730708.39</valUSD>
        <pctVal>0.1959838777</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>British Land Company PLC</name>
        <lei>RV5B68J2GV3QGMRPW209</lei>
        <title>British Land Company PLC ORD GBP0.25</title>
        <cusip>G15540118</cusip>
        <identifiers>
          <isin value="GB0001367019"/>
          <ticker value="BLND"/>
        </identifiers>
        <balance>183206</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>1559885.45</valUSD>
        <pctVal>0.1766400401</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>Royal Dutch Shell plc</name>
        <lei>21380068P1DRHMJ8KU70</lei>
        <title>Royal Dutch Shell plc 'B'ORD EUR0.07</title>
        <cusip>G7690A118</cusip>
        <identifiers>
          <isin value="GB00B03MM408"/>
          <ticker value="RDSB"/>
        </identifiers>
        <balance>205902</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>6135382.15</valUSD>
        <pctVal>0.6947652141</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>Anglo American PLC</name>
        <lei>549300S9XF92D1X8ME43</lei>
        <title>Anglo American PLC USD0.54945</title>
        <cusip>G03764134</cusip>
        <identifiers>
          <isin value="GB00B1XZS820"/>
          <ticker value="AAL"/>
        </identifiers>
        <balance>103434</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>2985296.87</valUSD>
        <pctVal>0.3380523606</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>Julius Baer Gruppe AG</name>
        <lei>5299007MF0604ZGJER92</lei>
        <title>Julius Baer Gruppe AG CHF0.02 (REGD)</title>
        <cusip>H4414N103</cusip>
        <identifiers>
          <isin value="CH0102484968"/>
          <ticker value="BAER"/>
        </identifiers>
        <balance>62510</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>3228286.77</valUSD>
        <pctVal>0.3655683206</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oil Company Lukoil Pjsc</name>
        <lei>549300LCJ1UJXHYBWI24</lei>
        <title>Oil Company Lukoil Pjsc SPON ADR EACH REP 1 ORD SHS</title>
        <cusip>69343P105</cusip>
        <identifiers>
          <isin value="US69343P1057"/>
          <ticker value="LUKOY"/>
        </identifiers>
        <balance>15499</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1539705.66</valUSD>
        <pctVal>0.1743548986</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Veon Limited</name>
        <lei>5493008CA3NMHYEVT131</lei>
        <title>Veon Limited SPON ADR EACH REPR 1 ORD SHS</title>
        <cusip>91822M106</cusip>
        <identifiers>
          <isin value="US91822M1062"/>
          <ticker value="VEON"/>
        </identifiers>
        <balance>471489</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1192867.17</valUSD>
        <pctVal>0.1350792167</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>Aib Group Plc</name>
        <lei>635400AKJBGNS5WNQL34</lei>
        <title>Aib Group Plc ORD EUR0.625</title>
        <cusip>G0R4HJ106</cusip>
        <identifiers>
          <isin value="IE00BF0L3536"/>
          <ticker value="AIBG"/>
        </identifiers>
        <balance>253924</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>894125.3</valUSD>
        <pctVal>0.1012499532</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank Of Ireland Group Plc</name>
        <lei>635400C8EK6DRI12LJ39</lei>
        <title>Bank Of Ireland Group Plc EUR1</title>
        <cusip>G0756R109</cusip>
        <identifiers>
          <isin value="IE00BD1RP616"/>
          <ticker value="BIRG"/>
        </identifiers>
        <balance>466021</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>2555080.81</valUSD>
        <pctVal>0.2893350769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Barrick Gold Corporation</name>
        <lei>0O4KBQCJZX82UKGCBV73</lei>
        <title>Barrick Gold Corporation COM</title>
        <cusip>067901108</cusip>
        <identifiers>
          <isin value="CA0679011084"/>
          <ticker value="ABX"/>
        </identifiers>
        <balance>182548</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>3390749.5</valUSD>
        <pctVal>0.3839654556</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>GOLD FIELDS LTD</name>
        <lei>N/A</lei>
        <title>GOLD FIELDS LTD SPON ADR EACH REPR 1 ORD ZAR0.50 LVL II</title>
        <cusip>38059T106</cusip>
        <identifiers>
          <isin value="US38059T1060"/>
          <ticker value="GFI"/>
        </identifiers>
        <balance>245308</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1619032.8</valUSD>
        <pctVal>0.1833378333</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KT Corporation</name>
        <lei>9884005ACF8449EANY26</lei>
        <title>KT Corporation SPON ADR EACH REP 1/2 ORD SHS KRW5000</title>
        <cusip>48268K101</cusip>
        <identifiers>
          <isin value="US48268K1016"/>
          <ticker value="KT"/>
        </identifiers>
        <balance>228115</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2646134</valUSD>
        <pctVal>0.2996458591</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>EnCana Corporation</name>
        <lei>CZ72ZHBVKZXQRV3XFE26</lei>
        <title>EnCana Corporation COM</title>
        <cusip>292505104</cusip>
        <identifiers>
          <isin value="CA2925051047"/>
          <ticker value="ECA"/>
        </identifiers>
        <balance>447053</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>2093167.18</valUSD>
        <pctVal>0.2370283885</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>Cameco Corporation</name>
        <lei>N4BHALMXL3GMZKCUON55</lei>
        <title>Cameco Corporation COM</title>
        <cusip>13321L108</cusip>
        <identifiers>
          <isin value="CA13321L1085"/>
          <ticker value="CCO"/>
        </identifiers>
        <balance>63366</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>563957.4</valUSD>
        <pctVal>0.0638620341</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>YPF Sociedad Anonima</name>
        <lei>5493003N7447U18U5U53</lei>
        <title>YPF Sociedad Anonima SPONS ADR-EACH CNV INTO 1 CLASS'D'ARS10</title>
        <cusip>984245100</cusip>
        <identifiers>
          <isin value="US9842451000"/>
          <ticker value="YPF"/>
        </identifiers>
        <balance>96400</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1116312</valUSD>
        <pctVal>0.1264101774</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BT Group PLC</name>
        <lei>213800LRO7NS5CYQMN21</lei>
        <title>BT Group PLC ORD GBP0.05</title>
        <cusip>G16612106</cusip>
        <identifiers>
          <isin value="GB0030913577"/>
          <ticker value="BT.A"/>
        </identifiers>
        <balance>1067987</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>2737050.66</valUSD>
        <pctVal>0.3099411807</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>Marks and Spencer Group plc</name>
        <lei>213800EJP14A79ZG1X44</lei>
        <title>Marks and Spencer Group plc ORD GBP0.25</title>
        <cusip>G5824M107</cusip>
        <identifiers>
          <isin value="GB0031274896"/>
          <ticker value="MKS"/>
        </identifiers>
        <balance>545698</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>1547541.98</valUSD>
        <pctVal>0.1752422765</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>Kinross Gold Corporation</name>
        <lei>549300UEBMAQDN0K0R06</lei>
        <title>Kinross Gold Corporation COM</title>
        <cusip>496902404</cusip>
        <identifiers>
          <isin value="CA4969024047"/>
          <ticker value="K"/>
        </identifiers>
        <balance>342551</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1623691.74</valUSD>
        <pctVal>0.1838654075</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>KB Financial Group</name>
        <lei>529900TKE4MXG3Q6GW86</lei>
        <title>KB Financial Group KRW5000</title>
        <cusip>Y46007103</cusip>
        <identifiers>
          <isin value="KR7105560007"/>
          <ticker value="A105560"/>
        </identifiers>
        <balance>69334</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>2862886.94</valUSD>
        <pctVal>0.3241907691</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Assicurazioni Generali S.p.A.</name>
        <lei>549300X5UKJVE386ZB61</lei>
        <title>Assicurazioni Generali S.p.A. EUR1</title>
        <cusip>T05040109</cusip>
        <identifiers>
          <isin value="IT0000062072"/>
          <ticker value="G"/>
        </identifiers>
        <balance>95985</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>1981434.15</valUSD>
        <pctVal>0.2243758397</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bper Banca Spa</name>
        <lei>N747OI7JINV7RUUH6190</lei>
        <title>Bper Banca Spa NPV</title>
        <cusip>T1325T119</cusip>
        <identifiers>
          <isin value="IT0000066123"/>
          <ticker value="BPE"/>
        </identifiers>
        <balance>311561</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>1567966.38</valUSD>
        <pctVal>0.1775551174</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RWE AG</name>
        <lei>529900GB7KCA94ACC940</lei>
        <title>RWE AG NPV</title>
        <cusip>D6629K109</cusip>
        <identifiers>
          <isin value="DE0007037129"/>
          <ticker value="RWE"/>
        </identifiers>
        <balance>36931</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>1134678</valUSD>
        <pctVal>0.1284899269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AP Moller-Maersk</name>
        <lei>549300D2K6PKKKXVNN73</lei>
        <title>AP Moller-Maersk SER'B'DKK1000</title>
        <cusip>K0514G101</cusip>
        <identifiers>
          <isin value="DK0010244508"/>
          <ticker value="MAERSK B"/>
        </identifiers>
        <balance>2207</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.66185"/>
        <valUSD>3184591</valUSD>
        <pctVal>0.3606202505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Greenzap Inc</name>
        <lei>5299003NKP8638R7J253</lei>
        <title>Greenzap Inc NPV</title>
        <cusip>J18807107</cusip>
        <identifiers>
          <isin value="JP3274070006"/>
          <ticker value="3632"/>
        </identifiers>
        <balance>195170</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>884549.78</valUSD>
        <pctVal>0.1001656298</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sberbank of Russia</name>
        <lei>549300WE6TAF5EEWQS81</lei>
        <title>Sberbank of Russia SPON ADR EACH REPR 4 ORD SHS</title>
        <cusip>80585Y308</cusip>
        <identifiers>
          <isin value="US80585Y3080"/>
          <ticker value="SBRCY"/>
        </identifiers>
        <balance>99283</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1633599.9</valUSD>
        <pctVal>0.1849873988</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ABN AMRO Bank N.V.</name>
        <lei>BFXS5XCH7N0Y05NIXW11</lei>
        <title>ABN AMRO Bank N.V. DR EACH REP SHS</title>
        <cusip>N0162C102</cusip>
        <identifiers>
          <isin value="NL0011540547"/>
          <ticker value="ABN"/>
        </identifiers>
        <balance>155637</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>2842730.35</valUSD>
        <pctVal>0.3219082548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ceconomy AG</name>
        <lei>5299001X9L42HXEBCZ51</lei>
        <title>Ceconomy AG ORD NPV</title>
        <cusip>D1497L107</cusip>
        <identifiers>
          <isin value="DE0007257503"/>
          <ticker value="CEC"/>
        </identifiers>
        <balance>149213</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>908724.91</valUSD>
        <pctVal>0.1029032000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Deutsche Lufthansa AG</name>
        <lei>529900PH63HYJ86ASW55</lei>
        <title>Deutsche Lufthansa AG ORD NPV (REGD)(VINK)</title>
        <cusip>D1908N106</cusip>
        <identifiers>
          <isin value="DE0008232125"/>
          <ticker value="LHA"/>
        </identifiers>
        <balance>94946</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>1747274.9</valUSD>
        <pctVal>0.1978598546</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daimler AG</name>
        <lei>529900R27DL06UVNT076</lei>
        <title>Daimler AG ORD NPV(REGD)</title>
        <cusip>D1668R123</cusip>
        <identifiers>
          <isin value="DE0007100000"/>
          <ticker value="DAI"/>
        </identifiers>
        <balance>65388</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>3625318.73</valUSD>
        <pctVal>0.4105278664</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Salzgitter Ag</name>
        <lei>529900E12Z6HXIMHFA15</lei>
        <title>Salzgitter Ag ORD NPV</title>
        <cusip>D80900109</cusip>
        <identifiers>
          <isin value="DE0006202005"/>
          <ticker value="SZG"/>
        </identifiers>
        <balance>17808</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>395005.5</valUSD>
        <pctVal>0.0447300713</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nokia Corp</name>
        <lei>549300A0JPRWG1KI7U06</lei>
        <title>Nokia Corp NPV</title>
        <cusip>X61873133</cusip>
        <identifiers>
          <isin value="FI0009000681"/>
          <ticker value="NOKIA"/>
        </identifiers>
        <balance>701142</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>2601128.34</valUSD>
        <pctVal>0.2945494582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Societe Generale S.A.</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>Societe Generale S.A. EUR1.25</title>
        <cusip>F8591M517</cusip>
        <identifiers>
          <isin value="FR0000130809"/>
          <ticker value="GLE"/>
        </identifiers>
        <balance>110360</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>3856058.24</valUSD>
        <pctVal>0.4366566032</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gazprom Public Joint Stock Company</name>
        <lei>213800FD9J2IHTA7YX78</lei>
        <title>Gazprom Public Joint Stock Company SPON ADR-EACH REPR 2 ORD SHS</title>
        <cusip>368287207</cusip>
        <identifiers>
          <isin value="US3682872078"/>
          <ticker value="OGZPY"/>
        </identifiers>
        <balance>310114</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2553784.32</valUSD>
        <pctVal>0.2891882635</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Engie</name>
        <lei>LAXUQCHT4FH58LRZDY46</lei>
        <title>Engie EUR1</title>
        <cusip>F7629A107</cusip>
        <identifiers>
          <isin value="FR0010208488"/>
          <ticker value="ENGI"/>
        </identifiers>
        <balance>166626</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>2692674.85</valUSD>
        <pctVal>0.3049161035</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dai-Ichi Life Holdings Inc</name>
        <lei>549300ZUFXI7JXZVTZ25</lei>
        <title>Dai-Ichi Life Holdings Inc NPV</title>
        <cusip>J09748112</cusip>
        <identifiers>
          <isin value="JP3476480003"/>
          <ticker value="8750"/>
        </identifiers>
        <balance>157250</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>2589742.95</valUSD>
        <pctVal>0.2932601868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ageas SA/NV</name>
        <lei>5493005DJBML6LY3RV36</lei>
        <title>Ageas SA/NV NPV</title>
        <cusip>B0148L138</cusip>
        <identifiers>
          <isin value="BE0974264930"/>
          <ticker value="AGS"/>
        </identifiers>
        <balance>47169</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>2790473.52</valUSD>
        <pctVal>0.3159907379</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UniCredit S.p.A.</name>
        <lei>549300TRUWO2CD2G5692</lei>
        <title>UniCredit S.p.A. NPV</title>
        <cusip>T9T23L642</cusip>
        <identifiers>
          <isin value="IT0005239360"/>
          <ticker value="UCG"/>
        </identifiers>
        <balance>293782</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>4295179.03</valUSD>
        <pctVal>0.4863822506</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Saipem</name>
        <lei>549300PHV8MBDHWB8X12</lei>
        <title>Saipem NPV</title>
        <cusip>T82000208</cusip>
        <identifiers>
          <isin value="IT0005252140"/>
          <ticker value="SPM"/>
        </identifiers>
        <balance>392069</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>1917050.85</valUSD>
        <pctVal>0.2170851321</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Drilling Company Of 1972 A/S (The)</name>
        <lei>549300Q6RULS8O2KBM54</lei>
        <title>Drilling Company Of 1972 A/S (The) DKK10</title>
        <cusip>K31931106</cusip>
        <identifiers>
          <isin value="DK0061135753"/>
          <ticker value="DRLCO"/>
        </identifiers>
        <balance>3285</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.66185"/>
        <valUSD>217174.85</valUSD>
        <pctVal>0.0245926867</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Mobile Limited</name>
        <lei>529900U2JJ7GK68NI589</lei>
        <title>China Mobile Limited NPV</title>
        <cusip>Y14965100</cusip>
        <identifiers>
          <isin value="HK0941009539"/>
          <ticker value="941"/>
        </identifiers>
        <balance>155000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7923"/>
        <valUSD>1308786.93</valUSD>
        <pctVal>0.1482058671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fuji Media Holdings Inc</name>
        <lei>353800TG2T8DSPV7H313</lei>
        <title>Fuji Media Holdings Inc NPV</title>
        <cusip>J15477102</cusip>
        <identifiers>
          <isin value="JP3819400007"/>
          <ticker value="4676"/>
        </identifiers>
        <balance>46891</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>665540.21</valUSD>
        <pctVal>0.0753651810</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi UFJ Financial Group, Inc.</name>
        <lei>353800V2V8PUY9TK3E06</lei>
        <title>Mitsubishi UFJ Financial Group, Inc. NPV</title>
        <cusip>J44497105</cusip>
        <identifiers>
          <isin value="JP3902900004"/>
          <ticker value="8306"/>
        </identifiers>
        <balance>883069</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>4772637.49</valUSD>
        <pctVal>0.5404492217</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kasikornbank Public Company Limited</name>
        <lei>5493004COSQ54937AW41</lei>
        <title>Kasikornbank Public Company Limited NON VTG DEP RCPT REP 1 ORD THB10</title>
        <cusip>Y4591R126</cusip>
        <identifiers>
          <isin value="TH0016010R14"/>
          <ticker value="KBANK-R"/>
        </identifiers>
        <balance>359100</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="29.95375"/>
        <valUSD>1799801.13</valUSD>
        <pctVal>0.2038078781</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>Shinhan Financial Group Co Ltd</name>
        <lei>988400EB8A6G49E5KO54</lei>
        <title>Shinhan Financial Group Co Ltd KRW5000</title>
        <cusip>Y7749X101</cusip>
        <identifiers>
          <isin value="KR7055550008"/>
          <ticker value="A055550"/>
        </identifiers>
        <balance>63726</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1156.45"/>
        <valUSD>2383334.32</valUSD>
        <pctVal>0.2698866572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Resona Holdings Inc</name>
        <lei>52990067JE75XZCYYT81</lei>
        <title>Resona Holdings Inc NPV</title>
        <cusip>J6448E106</cusip>
        <identifiers>
          <isin value="JP3500610005"/>
          <ticker value="8308"/>
        </identifiers>
        <balance>619700</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>2702126.89</valUSD>
        <pctVal>0.3059864441</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MTN Group Ltd</name>
        <lei>2549009JD6Q6XHZS5E05</lei>
        <title>MTN Group Ltd ZAR0.0001</title>
        <cusip>S8039R108</cusip>
        <identifiers>
          <isin value="ZAE000042164"/>
          <ticker value="MTN"/>
        </identifiers>
        <balance>186056</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006"/>
        <valUSD>1095597.28</valUSD>
        <pctVal>0.1240644609</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>Sumitomo Mitsui Financial Group Inc</name>
        <lei>35380028MYWPB6AUO129</lei>
        <title>Sumitomo Mitsui Financial Group Inc NPV</title>
        <cusip>J7771X109</cusip>
        <identifiers>
          <isin value="JP3890350006"/>
          <ticker value="8316"/>
        </identifiers>
        <balance>115950</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>4268373.73</valUSD>
        <pctVal>0.4833468423</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mizuho Financial Group Inc.</name>
        <lei>353800CI5L6DDAN5XZ33</lei>
        <title>Mizuho Financial Group Inc. NPV</title>
        <cusip>J4599L102</cusip>
        <identifiers>
          <isin value="JP3885780001"/>
          <ticker value="8411"/>
        </identifiers>
        <balance>1466496</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>2255415.08</valUSD>
        <pctVal>0.2554011963</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Mobile Limited</name>
        <lei>529900U2JJ7GK68NI589</lei>
        <title>China Mobile Limited NPV</title>
        <cusip>Y14965100</cusip>
        <identifiers>
          <isin value="HK0941009539"/>
          <ticker value="941"/>
        </identifiers>
        <balance>204924</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7923"/>
        <valUSD>1730334.53</valUSD>
        <pctVal>0.1959415422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CIMB Group Holdings Berhad</name>
        <lei>549300FYDN5UD7USZW18</lei>
        <title>CIMB Group Holdings Berhad ORD MYR1</title>
        <cusip>Y1636J101</cusip>
        <identifiers>
          <isin value="MYL1023OO000"/>
          <ticker value="CIMB"/>
        </identifiers>
        <balance>699100</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.0905"/>
        <valUSD>880284.62</valUSD>
        <pctVal>0.0996826469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shin Kong Financial Holding Co</name>
        <lei>529900YF6H5G3WJC6V36</lei>
        <title>Shin Kong Financial Holding Co TWD10</title>
        <cusip>Y7753X104</cusip>
        <identifiers>
          <isin value="TW0002888005"/>
          <ticker value="2888"/>
        </identifiers>
        <balance>3918128</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977"/>
        <valUSD>1354259.08</valUSD>
        <pctVal>0.1533550929</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>Z Holdings Corporation</name>
        <lei>52990078MD2OL792YM35</lei>
        <title>Z Holdings Corporation NPV</title>
        <cusip>J9894K105</cusip>
        <identifiers>
          <isin value="JP3933800009"/>
          <ticker value="4689"/>
        </identifiers>
        <balance>708119</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>2966806.92</valUSD>
        <pctVal>0.3359585751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dena Co Ltd</name>
        <lei>529900T9JQP7I5LDY154</lei>
        <title>Dena Co Ltd NPV</title>
        <cusip>J1257N107</cusip>
        <identifiers>
          <isin value="JP3548610009"/>
          <ticker value="2432"/>
        </identifiers>
        <balance>84255</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1355294.22</valUSD>
        <pctVal>0.1534723113</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dongfeng Motor Group Co Ltd</name>
        <lei>529900608W58250G7S08</lei>
        <title>Dongfeng Motor Group Co Ltd 'H'CNY1</title>
        <cusip>Y21042109</cusip>
        <identifiers>
          <isin value="CNE100000312"/>
          <ticker value="489"/>
        </identifiers>
        <balance>2928119</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7923"/>
        <valUSD>2758708.03</valUSD>
        <pctVal>0.3123936421</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Inpex Corporation</name>
        <lei>353800VHYYADPR6MXQ47</lei>
        <title>Inpex Corporation NPV</title>
        <cusip>J2467E101</cusip>
        <identifiers>
          <isin value="JP3294460005"/>
          <ticker value="1605"/>
        </identifiers>
        <balance>306595</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>3198230.35</valUSD>
        <pctVal>0.3621647584</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Impala Platinum Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Impala Platinum Holdings Ltd NPV</title>
        <cusip>S37840113</cusip>
        <identifiers>
          <isin value="ZAE000083648"/>
          <ticker value="IMP"/>
        </identifiers>
        <balance>110946</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.006"/>
        <valUSD>1138230.87</valUSD>
        <pctVal>0.1288922507</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>Canon Inc.</name>
        <lei>529900JH1GSC035SSP77</lei>
        <title>Canon Inc. NPV</title>
        <cusip>J05124144</cusip>
        <identifiers>
          <isin value="JP3242800005"/>
          <ticker value="7751"/>
        </identifiers>
        <balance>47041</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1282856.46</valUSD>
        <pctVal>0.1452695238</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Innolux Corporation</name>
        <lei>N/A</lei>
        <title>Innolux Corporation TWD10</title>
        <cusip>Y14056108</cusip>
        <identifiers>
          <isin value="TW0003481008"/>
          <ticker value="3481"/>
        </identifiers>
        <balance>3711000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="29.977"/>
        <valUSD>1033060.56</valUSD>
        <pctVal>0.1169828584</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>Chiyoda Corp</name>
        <lei>549300QKY84OVLK4L190</lei>
        <title>Chiyoda Corp NPV</title>
        <cusip>J06237101</cusip>
        <identifiers>
          <isin value="JP3528600004"/>
          <ticker value="6366"/>
        </identifiers>
        <balance>89523</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>231646.69</valUSD>
        <pctVal>0.0262314650</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citizen watch Co Ltd</name>
        <lei>529900DUZBKERKGQ2628</lei>
        <title>Citizen watch Co Ltd NPV</title>
        <cusip>J0793Q103</cusip>
        <identifiers>
          <isin value="JP3352400000"/>
          <ticker value="7762"/>
        </identifiers>
        <balance>214226</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1162380.76</valUSD>
        <pctVal>0.1316269627</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eisai Co Ltd</name>
        <lei>353800HDEE0ZYEX4QV91</lei>
        <title>Eisai Co Ltd NPV</title>
        <cusip>J12852117</cusip>
        <identifiers>
          <isin value="JP3160400002"/>
          <ticker value="4523"/>
        </identifiers>
        <balance>14931</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1112087.67</valUSD>
        <pctVal>0.1259318180</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fujitsu Ltd</name>
        <lei>3538000246DHJLRTUZ24</lei>
        <title>Fujitsu Ltd NPV</title>
        <cusip>J15708159</cusip>
        <identifiers>
          <isin value="JP3818000006"/>
          <ticker value="6702"/>
        </identifiers>
        <balance>16897</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1594450.27</valUSD>
        <pctVal>0.1805541295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hitachi Metals Ltd</name>
        <lei>N/A</lei>
        <title>Hitachi Metals Ltd NPV</title>
        <cusip>J20538112</cusip>
        <identifiers>
          <isin value="JP3786200000"/>
          <ticker value="5486"/>
        </identifiers>
        <balance>30062</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>441648.88</valUSD>
        <pctVal>0.0500119261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Honda Motor Company, Ltd.</name>
        <lei>549300P7ZYCQJ36CCS16</lei>
        <title>Honda Motor Company, Ltd. NPV</title>
        <cusip>J22302111</cusip>
        <identifiers>
          <isin value="JP3854600008"/>
          <ticker value="7267"/>
        </identifiers>
        <balance>195906</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>5525957.56</valUSD>
        <pctVal>0.6257545160</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JSR Corp</name>
        <lei>353800TL8FC0AWR22506</lei>
        <title>JSR Corp NPV</title>
        <cusip>J2856K106</cusip>
        <identifiers>
          <isin value="JP3385980002"/>
          <ticker value="4185"/>
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        <balance>164840</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>3012839.93</valUSD>
        <pctVal>0.3411713122</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JGC Holdings Corporation</name>
        <lei>5493003WMGG79YLARU68</lei>
        <title>JGC Holdings Corporation NPV</title>
        <cusip>J26945105</cusip>
        <identifiers>
          <isin value="JP3667600005"/>
          <ticker value="1963"/>
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        <balance>162425</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>2613714.85</valUSD>
        <pctVal>0.2959747434</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Rexel, S.A.</name>
        <lei>969500N6AVPA51648T62</lei>
        <title>Rexel, S.A. EUR5</title>
        <cusip>F7782J366</cusip>
        <identifiers>
          <isin value="FR0010451203"/>
          <ticker value="RXL"/>
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        <balance>234234</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>3119394.6</valUSD>
        <pctVal>0.3532374682</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi Heavy Industries</name>
        <lei>353800TJ98PCAZROVE69</lei>
        <title>Mitsubishi Heavy Industries NPV</title>
        <cusip>J44002178</cusip>
        <identifiers>
          <isin value="JP3900000005"/>
          <ticker value="7011"/>
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        <balance>56975</balance>
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        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>2203519.22</valUSD>
        <pctVal>0.2495245553</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nitto Electric Industrial Co</name>
        <lei>3538009GX5P09USH2J25</lei>
        <title>Nitto Electric Industrial Co NPV</title>
        <cusip>J58472119</cusip>
        <identifiers>
          <isin value="JP3684000007"/>
          <ticker value="6988"/>
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        <balance>33790</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1895789.62</valUSD>
        <pctVal>0.2146775293</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nikon Corp</name>
        <lei>549300X7LIS9RFELXJ98</lei>
        <title>Nikon Corp NPV</title>
        <cusip>654111103</cusip>
        <identifiers>
          <isin value="JP3657400002"/>
          <ticker value="7731"/>
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        <balance>141803</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1733278.68</valUSD>
        <pctVal>0.1962749351</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nissan Motor Co Ltd</name>
        <lei>353800DRBDH1LUTNAY26</lei>
        <title>Nissan Motor Co Ltd NPV</title>
        <cusip>J57160129</cusip>
        <identifiers>
          <isin value="JP3672400003"/>
          <ticker value="7201"/>
        </identifiers>
        <balance>368310</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>2140538.1</valUSD>
        <pctVal>0.2423926294</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nomura Holdings, Inc.</name>
        <lei>549300B3CEAHYG7K8164</lei>
        <title>Nomura Holdings, Inc. NPV</title>
        <cusip>J58646100</cusip>
        <identifiers>
          <isin value="JP3762600009"/>
          <ticker value="8604"/>
        </identifiers>
        <balance>483200</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>2482069.04</valUSD>
        <pctVal>0.2810672890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Television Holdings Inc</name>
        <lei>N/A</lei>
        <title>Nippon Television Holdings Inc NPV</title>
        <cusip>J56171101</cusip>
        <identifiers>
          <isin value="JP3732200005"/>
          <ticker value="9404"/>
        </identifiers>
        <balance>86476</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>1153785.16</valUSD>
        <pctVal>0.1306536046</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shimamura Corp</name>
        <lei>N/A</lei>
        <title>Shimamura Corp NPV</title>
        <cusip>J72208101</cusip>
        <identifiers>
          <isin value="JP3358200008"/>
          <ticker value="8227"/>
        </identifiers>
        <balance>26968</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>2057911.4</valUSD>
        <pctVal>0.2330360554</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Takeda Pharmaceutical Company Limited</name>
        <lei>549300ZLMVP4X0OGR454</lei>
        <title>Takeda Pharmaceutical Company Limited NPV</title>
        <cusip>J8129E108</cusip>
        <identifiers>
          <isin value="JP3463000004"/>
          <ticker value="4502"/>
        </identifiers>
        <balance>103513</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>4100963.07</valUSD>
        <pctVal>0.4643894082</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>E.ON SE</name>
        <lei>Q9MAIUP40P25UFBFG033</lei>
        <title>E.ON SE NPV</title>
        <cusip>D24914133</cusip>
        <identifiers>
          <isin value="DE000ENAG999"/>
          <ticker value="EOAN"/>
        </identifiers>
        <balance>121567</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>1300145.34</valUSD>
        <pctVal>0.1472273012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tourmaline Oil Cp</name>
        <lei>549300EWGW5PUCV5A109</lei>
        <title>Tourmaline Oil Cp COM</title>
        <cusip>89156V106</cusip>
        <identifiers>
          <isin value="CA89156V1067"/>
          <ticker value="TOU"/>
        </identifiers>
        <balance>49843</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.29855"/>
        <valUSD>584198.11</valUSD>
        <pctVal>0.0661540740</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>Adecco Group AG</name>
        <lei>NI14Y5UMU60O7JE9P611</lei>
        <title>Adecco Group AG CHF0.1 (REGD)</title>
        <cusip>H00392318</cusip>
        <identifiers>
          <isin value="CH0012138605"/>
          <ticker value="ADEN"/>
        </identifiers>
        <balance>64331</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>4067013.47</valUSD>
        <pctVal>0.4605449857</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lafargeholcim Limited</name>
        <lei>529900EHPFPYHV6IQO98</lei>
        <title>Lafargeholcim Limited CHF2 (REGD)</title>
        <cusip>H4768E105</cusip>
        <identifiers>
          <isin value="CH0012214059"/>
          <ticker value="LHN"/>
        </identifiers>
        <balance>67491</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt=".9678"/>
        <valUSD>3742495.39</valUSD>
        <pctVal>0.4237968471</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENI SpA</name>
        <lei>BUCRF72VH5RBN7X3VL35</lei>
        <title>ENI SpA NPV</title>
        <cusip>T3643A145</cusip>
        <identifiers>
          <isin value="IT0003132476"/>
          <ticker value="ENI"/>
        </identifiers>
        <balance>349723</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>5434284.46</valUSD>
        <pctVal>0.6153735357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BNP Paribas</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP Paribas EUR2</title>
        <cusip>F1058Q238</cusip>
        <identifiers>
          <isin value="FR0000131104"/>
          <ticker value="BNP"/>
        </identifiers>
        <balance>77210</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>4596095.79</valUSD>
        <pctVal>0.5204577967</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Compagnie de Saint-Gobain</name>
        <lei>NFONVGN05Z0FMN5PEC35</lei>
        <title>Compagnie de Saint-Gobain EUR4</title>
        <cusip>F80343100</cusip>
        <identifiers>
          <isin value="FR0000125007"/>
          <ticker value="SGO"/>
        </identifiers>
        <balance>120925</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>4968760.88</valUSD>
        <pctVal>0.5626580598</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Mitsui Trust Holdings, Inc.</name>
        <lei>353800P843RLCDBLNT17</lei>
        <title>Sumitomo Mitsui Trust Holdings, Inc. NPV</title>
        <cusip>J7772M102</cusip>
        <identifiers>
          <isin value="JP3892100003"/>
          <ticker value="8309"/>
        </identifiers>
        <balance>67812</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="108.655"/>
        <valUSD>2675997.82</valUSD>
        <pctVal>0.3030276115</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Equinor ASA</name>
        <lei>OW6OFBNCKXC4US5C7523</lei>
        <title>Equinor ASA NOK2.50</title>
        <cusip>R2R90P103</cusip>
        <identifiers>
          <isin value="NO0010096985"/>
          <ticker value="EQNR"/>
        </identifiers>
        <balance>94190</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.7793"/>
        <valUSD>1883658.73</valUSD>
        <pctVal>0.2133038381</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Caixabank S.A.</name>
        <lei>7CUNS533WID6K7DGFI87</lei>
        <title>Caixabank S.A. EUR1</title>
        <cusip>E2427M123</cusip>
        <identifiers>
          <isin value="ES0140609019"/>
          <ticker value="CABK"/>
        </identifiers>
        <balance>1089448</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>3435697.49</valUSD>
        <pctVal>0.3890553260</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Land Securities Group plc</name>
        <lei>213800V8IAVKS37D6B88</lei>
        <title>Land Securities Group plc ORD GBP0.106666666</title>
        <cusip>G5375M142</cusip>
        <identifiers>
          <isin value="GB00BYW0PQ60"/>
          <ticker value="LAND"/>
        </identifiers>
        <balance>122677</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".7549448"/>
        <valUSD>1612016.57</valUSD>
        <pctVal>0.1825433217</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>China Unicom (Hong Kong) Limited</name>
        <lei>5299006RQXYNFYPOUS20</lei>
        <title>China Unicom (Hong Kong) Limited NPV</title>
        <cusip>Y1519S111</cusip>
        <identifiers>
          <isin value="HK0000049939"/>
          <ticker value="762"/>
        </identifiers>
        <balance>3533403</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.7923"/>
        <valUSD>3335507.59</valUSD>
        <pctVal>0.3777099109</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PostNL N.V.</name>
        <lei>724500Q41FHN0P1GPC53</lei>
        <title>PostNL N.V. EUR0.48</title>
        <cusip>N7203C108</cusip>
        <identifiers>
          <isin value="NL0009739416"/>
          <ticker value="PNL"/>
        </identifiers>
        <balance>419697</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>946765.68</valUSD>
        <pctVal>0.1072109030</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ING Groep N.V.</name>
        <lei>549300NYKK9MWM7GGW15</lei>
        <title>ING Groep N.V. EUR0.01</title>
        <cusip>N4578E595</cusip>
        <identifiers>
          <isin value="NL0011821202"/>
          <ticker value="INGA"/>
        </identifiers>
        <balance>311561</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt=".8915039"/>
        <valUSD>3744353.48</valUSD>
        <pctVal>0.4240072556</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THE BANK OF NEW YORK MELLON</name>
        <lei>213800VE6K3OETMS4O70</lei>
        <title>CURRENCY CONTRACT - JPY</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="CCTJPY__00020861_1740609"/>
        </identifiers>
        <balance>-75880.35</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>596.52</valUSD>
        <pctVal>0.0000675494</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>THE BANK OF NEW YORK MELLON</counterpartyName>
              <counterpartyLei>213800VE6K3OETMS4O70</counterpartyLei>
            </counterparties>
            <amtCurSold>-75880.35</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>8306774</amtCurPur>
            <curPur>JPY</curPur>
            <settlementDt>2020-01-06</settlementDt>
            <unrealizedAppr>596.52</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MARINE MIDLAND BANK NEW YORK</name>
        <lei>1IE8VN30JCEQV1H4R804</lei>
        <title>CURRENCY CONTRACT - JPY</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="CCTJPY__00020879_1740609"/>
        </identifiers>
        <balance>-74932.62</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>243.56</valUSD>
        <pctVal>0.0000275805</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>MARINE MIDLAND BANK NEW YORK</counterpartyName>
              <counterpartyLei>1IE8VN30JCEQV1H4R804</counterpartyLei>
            </counterparties>
            <amtCurSold>-74932.62</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>8165033</amtCurPur>
            <curPur>JPY</curPur>
            <settlementDt>2020-01-07</settlementDt>
            <unrealizedAppr>243.56</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BNP PARIS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>CURRENCY CONTRACT - USD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="CCTUSD__00015141_1751180"/>
        </identifiers>
        <balance>-7720788</balance>
        <units>NC</units>
        <currencyConditional curCd="JPY" exchangeRt="0"/>
        <valUSD>-553.15</valUSD>
        <pctVal>-0.0000626382</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>BNP PARIS</counterpartyName>
              <counterpartyLei>R0MUWSFPU8MPRO8K5P83</counterpartyLei>
            </counterparties>
            <amtCurSold>-7720788</amtCurSold>
            <curSold>JPY</curSold>
            <amtCurPur>70528.8</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2020-01-06</settlementDt>
            <unrealizedAppr>-553.15</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICE Futures US Indices</name>
        <lei>5493004R83R1LVX2IL36</lei>
        <title>FUT. MSCI EAFE NYF MAR20</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="MFSH0"/>
          <other otherDesc="NT_ID" value="9J2SNZU"/>
        </identifiers>
        <balance>170</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>17310250</valUSD>
        <pctVal>1.9601973038</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE Futures US Indices</counterpartyName>
              <counterpartyLei>5493004R83R1LVX2IL36</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MSCI EAFE Index</indexName>
                <indexIdentifier>MXEA</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2020-03-20</expDate>
            <notionalAmt>17310250</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>152004.26</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-01-29</ncom:dateSigned>
      <ncom:nameOfApplicant>Northern Funds</ncom:nameOfApplicant>
      <ncom:signature>Randal E. Rein </ncom:signature>
      <ncom:signerName>Randal E. Rein </ncom:signerName>
      <ncom:title>Treasurer and Principal Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
