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          <isin value="US52490G1022"/>
          <other otherDesc="Internal" value="52490G102"/>
        </identifiers>
        <balance>1200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>32592.00000000</valUSD>
        <pctVal>0.040241708647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="ADR"/>
        <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>Jiangxi Copper Company Limited</name>
        <lei>3003002E74YFQ6MEZY56</lei>
        <title>JIANGXI COPPER CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000003K3"/>
          <other otherDesc="Internal" value="6000305"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>90059.16000000</valUSD>
        <pctVal>0.111197056877</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiangsu Expressway Company Limited</name>
        <lei>N/A</lei>
        <title>JIANGSU EXPRESSWAY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000003J5"/>
          <other otherDesc="Internal" value="6005504"/>
        </identifiers>
        <balance>18000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>24094.54000000</valUSD>
        <pctVal>0.029749799296</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>INNER MONGOLIA YITAI COAL CO.,LTD.</name>
        <lei>N/A</lei>
        <title>INNER MONGOLIA YITAI COAL CO LTD</title>
        <cusip>Y40848106</cusip>
        <identifiers>
          <isin value="CNE000000SK7"/>
          <other otherDesc="Internal" value="6019011"/>
        </identifiers>
        <balance>16200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>45036.00000000</valUSD>
        <pctVal>0.055606455284</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANHUI CONCH CEMENT COMPANY LIMITED</name>
        <lei>N/A</lei>
        <title>ANHUI CONCH CEMENT CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000001W2"/>
          <other otherDesc="Internal" value="6080396"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>48521.07000000</valUSD>
        <pctVal>0.059909510376</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIJING ENTERPRISES HOLDINGS LIMITED</name>
        <lei>N/A</lei>
        <title>BEIJING ENTERPRISES HOLDINGS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0392044647"/>
          <other otherDesc="Internal" value="6081690"/>
        </identifiers>
        <balance>8500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>33427.76000000</valUSD>
        <pctVal>0.041273630911</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RELIANCE INDUSTRIES LIMITED</name>
        <lei>5493003UOETFYRONLG31</lei>
        <title>RELIANCE INDUSTRIES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE002A01018"/>
          <other otherDesc="Internal" value="6099626"/>
        </identifiers>
        <balance>109424.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>1521210.95000000</valUSD>
        <pctVal>1.878256254326</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HUANENG POWER INTERNATIONAL, INC.</name>
        <lei>N/A</lei>
        <title>HUANENG POWER INTERNATIONAL INC</title>
        <cusip>Y3744A105</cusip>
        <identifiers>
          <isin value="CNE1000006Z4"/>
          <other otherDesc="Internal" value="6099671"/>
        </identifiers>
        <balance>80000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>74217.69000000</valUSD>
        <pctVal>0.091637415852</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BHARAT PETROLEUM CORPORATION LIMITED</name>
        <lei>8GRDBX1TJ0PU5NCSHT72</lei>
        <title>BHARAT PETROLEUM CORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE029A01011"/>
          <other otherDesc="Internal" value="6099723"/>
        </identifiers>
        <balance>26400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>82775.39000000</valUSD>
        <pctVal>0.102203704208</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MAHINDRA AND MAHINDRA LIMITED</name>
        <lei>3358003B573EV4KB4Z02</lei>
        <title>MAHINDRA MAHINDRA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE101A01026"/>
          <other otherDesc="Internal" value="6100186"/>
        </identifiers>
        <balance>16036.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>513769.80000000</valUSD>
        <pctVal>0.634357345464</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHREE CEMENT LIMITED</name>
        <lei>335800W6FNBDUZ89L830</lei>
        <title>SHREE CEMENT LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE070A01015"/>
          <other otherDesc="Internal" value="6100357"/>
        </identifiers>
        <balance>171.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>45506.42000000</valUSD>
        <pctVal>0.056187288145</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INDUSIND BANK LTD.</name>
        <lei>335800JDVJ8HSXG9G512</lei>
        <title>INDUSIND BANK LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE095A01012"/>
          <other otherDesc="Internal" value="6100454"/>
        </identifiers>
        <balance>10560.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>101573.49000000</valUSD>
        <pctVal>0.125413929518</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HINDUSTAN PETROLEUM CORPORATION LIMITED</name>
        <lei>335800DWLXIP7HFFY564</lei>
        <title>HINDUSTAN PETROLEUM CORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE094A01015"/>
          <other otherDesc="Internal" value="6100476"/>
        </identifiers>
        <balance>16520.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>68438.31000000</valUSD>
        <pctVal>0.084501550421</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Yankuang Energy Group Company Limited</name>
        <lei>3003005N7A6HYZ4Z0K39</lei>
        <title>YANZHOU COAL MINING CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000004Q8"/>
          <other otherDesc="Internal" value="6109893"/>
        </identifiers>
        <balance>55900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>103855.35000000</valUSD>
        <pctVal>0.128231367702</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TATA COMMUNICATIONS LIMITED</name>
        <lei>3358004PBWAYF65RLI81</lei>
        <title>TATA COMMUNICATIONS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE151A01013"/>
          <other otherDesc="Internal" value="6114745"/>
        </identifiers>
        <balance>2009.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>41557.24000000</valUSD>
        <pctVal>0.051311191220</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TATA CONSUMER PRODUCTS LIMITED</name>
        <lei>335800LOXFWU8ZQJMD12</lei>
        <title>TATA CONSUMER PRODUCTS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE192A01025"/>
          <other otherDesc="Internal" value="6121488"/>
        </identifiers>
        <balance>10783.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>133754.60000000</valUSD>
        <pctVal>0.165148307665</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>
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      </invstOrSec>
      <invstOrSec>
        <name>BAJAJ HOLDINGS &amp; INVESTMENT LIMITED.</name>
        <lei>335800NL7NWD9IPOHL48</lei>
        <title>BAJAJ HOLDINGS INVESTMENT LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE118A01012"/>
          <other otherDesc="Internal" value="6124142"/>
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        <balance>520.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>56707.11000000</valUSD>
        <pctVal>0.070016905953</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GAIL (INDIA) LIMITED</name>
        <lei>335800N82LJD42ZA5L32</lei>
        <title>GAIL INDIA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE129A01019"/>
          <other otherDesc="Internal" value="6133405"/>
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        <balance>38921.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>67370.64000000</valUSD>
        <pctVal>0.083183286274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VEDANTA LIMITED</name>
        <lei>335800XDKX9KB5EMCO07</lei>
        <title>VEDANTA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE205A01025"/>
          <other otherDesc="Internal" value="6136040"/>
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        <balance>23658.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>87808.53000000</valUSD>
        <pctVal>0.108418178725</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>
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      </invstOrSec>
      <invstOrSec>
        <name>THE SUPREME INDUSTRIES LIMITED</name>
        <lei>33580094NA85GD34LN25</lei>
        <title>SUPREME INDUSTRIES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE195A01028"/>
          <other otherDesc="Internal" value="6136073"/>
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        <balance>1080.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>40334.58000000</valUSD>
        <pctVal>0.049801559179</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hengan International Group Company Limited</name>
        <lei>836800BJ50PZSWGXZA86</lei>
        <title>HENGAN INTERNATIONAL GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG4402L1510"/>
          <other otherDesc="Internal" value="6136233"/>
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        <balance>14000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>43512.22000000</valUSD>
        <pctVal>0.053725026995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TITAN COMPANY LIMITED</name>
        <lei>549300RO9VJWPK37FE54</lei>
        <title>TITAN CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE280A01028"/>
          <other otherDesc="Internal" value="6139340"/>
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        <balance>6368.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>272920.54000000</valUSD>
        <pctVal>0.336978057638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OIL AND NATURAL GAS CORPORATION LIMITED</name>
        <lei>335800FPDZ9MRSNO7N41</lei>
        <title>OIL NATURAL GAS CORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE213A01029"/>
          <other otherDesc="Internal" value="6139362"/>
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        <balance>54852.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>153271.50000000</valUSD>
        <pctVal>0.189246043413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Colgate-Palmolive (India) Ltd</name>
        <lei>335800YWKI47DGFKWB26</lei>
        <title>COLGATE PALMOLIVE INDIA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE259A01022"/>
          <other otherDesc="Internal" value="6139696"/>
        </identifiers>
        <balance>1911.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>41436.51000000</valUSD>
        <pctVal>0.051162124533</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>GE VERNOVA T&amp;D INDIA LIMITED</name>
        <lei>549300NMRD6VZDFLN355</lei>
        <title>GE VERNOVA T D INDIA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE200A01026"/>
          <other otherDesc="Internal" value="6139890"/>
        </identifiers>
        <balance>2596.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>140692.27000000</valUSD>
        <pctVal>0.173714326775</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>LUPIN LIMITED</name>
        <lei>335800HHXTESDEE2FC65</lei>
        <title>LUPIN LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE326A01037"/>
          <other otherDesc="Internal" value="6143761"/>
        </identifiers>
        <balance>4321.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>103046.66000000</valUSD>
        <pctVal>0.127232869072</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NMDC LIMITED</name>
        <lei>335800IXHXOHQ7B2HP66</lei>
        <title>NMDC LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE584A01023"/>
          <other otherDesc="Internal" value="6148119"/>
        </identifiers>
        <balance>57000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>52796.22000000</valUSD>
        <pctVal>0.065188086122</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MPHASIS LIMITED</name>
        <lei>335800NSYTIQLQKUYP62</lei>
        <title>MPHASIS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE356A01018"/>
          <other otherDesc="Internal" value="6151593"/>
        </identifiers>
        <balance>2233.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>53473.94000000</valUSD>
        <pctVal>0.066024874622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CSPC PHARMACEUTICAL GROUP LIMITED</name>
        <lei>N/A</lei>
        <title>CSPC PHARMACEUTICAL GROUP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK1093012172"/>
          <other otherDesc="Internal" value="6191997"/>
        </identifiers>
        <balance>164160.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>157165.93000000</valUSD>
        <pctVal>0.194054539897</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>CHINA OVERSEAS LAND &amp; INVESTMENT LTD.</name>
        <lei>N/A</lei>
        <title>CHINA OVERSEAS LAND INVESTMENT LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0688002218"/>
          <other otherDesc="Internal" value="6192150"/>
        </identifiers>
        <balance>60300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>119941.46000000</valUSD>
        <pctVal>0.148093068484</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>CHINA RESOURCES LAND LIMITED</name>
        <lei>5299001HL0TU7X15HK51</lei>
        <title>CHINA RESOURCES LAND LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG2108Y1052"/>
          <other otherDesc="Internal" value="6193766"/>
        </identifiers>
        <balance>62944.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>283477.06000000</valUSD>
        <pctVal>0.350012311509</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>CITIC Limited</name>
        <lei>2549006I3Q3M98KHOT11</lei>
        <title>CITIC LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0267001375"/>
          <other otherDesc="Internal" value="6196152"/>
        </identifiers>
        <balance>80000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>134178.97000000</valUSD>
        <pctVal>0.165672282073</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>INFOSYS LIMITED</name>
        <lei>335800TYLGG93MM7PR89</lei>
        <title>INFOSYS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE009A01021"/>
          <other otherDesc="Internal" value="6205122"/>
        </identifiers>
        <balance>57731.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>706852.72000000</valUSD>
        <pctVal>0.872758996526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WIPRO LIMITED</name>
        <lei>335800IFS1IJHESG8362</lei>
        <title>WIPRO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE075A01022"/>
          <other otherDesc="Internal" value="6206051"/>
        </identifiers>
        <balance>47418.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>102392.79000000</valUSD>
        <pctVal>0.126425528435</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MRF LIMITED</name>
        <lei>335800EQP78LTJ76DZ82</lei>
        <title>MRF LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE883A01011"/>
          <other otherDesc="Internal" value="6214128"/>
        </identifiers>
        <balance>40.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>51943.19000000</valUSD>
        <pctVal>0.064134840396</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lenovo Group Limited</name>
        <lei>254900VUZRGD5U73RE46</lei>
        <title>LENOVO GROUP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0992009065"/>
          <other otherDesc="Internal" value="6218089"/>
        </identifiers>
        <balance>148000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>453554.99000000</valUSD>
        <pctVal>0.560009442903</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>PetroChina Company Limited</name>
        <lei>N/A</lei>
        <title>PETROCHINA CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000003W8"/>
          <other otherDesc="Internal" value="6226576"/>
        </identifiers>
        <balance>386000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>536595.14000000</valUSD>
        <pctVal>0.662540049258</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>INDIAN OIL CORPORATION LIMITED</name>
        <lei>335800J8OBWE4VFUDG88</lei>
        <title>INDIAN OIL CORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE242A01010"/>
          <other otherDesc="Internal" value="6253767"/>
        </identifiers>
        <balance>51280.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>75664.35000000</valUSD>
        <pctVal>0.093423623210</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HINDUSTAN UNILEVER LIMITED</name>
        <lei>5493007IW5N37IKRPM32</lei>
        <title>HINDUSTAN UNILEVER LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE030A01027"/>
          <other otherDesc="Internal" value="6261674"/>
        </identifiers>
        <balance>14560.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>329893.79000000</valUSD>
        <pctVal>0.407323569640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Taiping Insurance Holdings Company Limited</name>
        <lei>N/A</lei>
        <title>CHINA TAIPING INSURANCE HOLDINGS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0000055878"/>
          <other otherDesc="Internal" value="6264048"/>
        </identifiers>
        <balance>24040.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>61035.64000000</valUSD>
        <pctVal>0.075361390586</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>APOLLO HOSPITALS ENTERPRISE LIMITED</name>
        <lei>3358005YT7JQCWYLTG43</lei>
        <title>APOLLO HOSPITALS ENTERPRISE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE437A01024"/>
          <other otherDesc="Internal" value="6273583"/>
        </identifiers>
        <balance>1912.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>164509.01000000</valUSD>
        <pctVal>0.203121123290</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Petroleum &amp; Chemical Corporation</name>
        <lei>N/A</lei>
        <title>CHINA PETROLEUM CHEMICAL CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000002Q2"/>
          <other otherDesc="Internal" value="6291819"/>
        </identifiers>
        <balance>348600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>192159.20000000</valUSD>
        <pctVal>0.237261123597</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>CUMMINS INDIA LIMITED</name>
        <lei>3358002PR6NKJRU4YS77</lei>
        <title>CUMMINS INDIA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE298A01020"/>
          <other otherDesc="Internal" value="6294863"/>
        </identifiers>
        <balance>2560.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>158434.53000000</valUSD>
        <pctVal>0.195620894573</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HCL TECHNOLOGIES LIMITED</name>
        <lei>549300C1F8OLYSOQYB65</lei>
        <title>HCL TECHNOLOGIES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE860A01027"/>
          <other otherDesc="Internal" value="6294896"/>
        </identifiers>
        <balance>17080.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>213388.36000000</valUSD>
        <pctVal>0.263473006009</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DABUR INDIA LIMITED</name>
        <lei>335800MJPUA2E1FSFL38</lei>
        <title>DABUR INDIA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE016A01026"/>
          <other otherDesc="Internal" value="6297356"/>
        </identifiers>
        <balance>8880.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>41446.23000000</valUSD>
        <pctVal>0.051174125926</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>HERO MOTOCORP LIMITED</name>
        <lei>335800Q49FBMZJTRLK49</lei>
        <title>HERO MOTOCORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE158A01026"/>
          <other otherDesc="Internal" value="6327327"/>
        </identifiers>
        <balance>2218.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>114414.34000000</valUSD>
        <pctVal>0.141268671310</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED</name>
        <lei>N/A</lei>
        <title>KINGDEE INTERNATIONAL SOFTWARE GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG525681477"/>
          <other otherDesc="Internal" value="6327587"/>
        </identifiers>
        <balance>52000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>48553.99000000</valUSD>
        <pctVal>0.059950157070</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>ENN ENERGY HOLDINGS LIMITED</name>
        <lei>549300V7BXPWT6WIPR03</lei>
        <title>ENN ENERGY HOLDINGS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG3066L1014"/>
          <other otherDesc="Internal" value="6333937"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>84135.47000000</valUSD>
        <pctVal>0.103883010267</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>KUNLUN ENERGY COMPANY LIMITED</name>
        <lei>N/A</lei>
        <title>KUNLUN ENERGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG5320C1082"/>
          <other otherDesc="Internal" value="6340078"/>
        </identifiers>
        <balance>80000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>73090.12000000</valUSD>
        <pctVal>0.090245192502</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>SRF LIMITED</name>
        <lei>335800436F28GT8ZW506</lei>
        <title>SRF LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE647A01010"/>
          <other otherDesc="Internal" value="6374947"/>
        </identifiers>
        <balance>2600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>74257.44000000</valUSD>
        <pctVal>0.091686495623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BALKRISHNA INDUSTRIES LIMITED</name>
        <lei>3358006BD9NZGXG1I436</lei>
        <title>BALKRISHNA INDUSTRIES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE787D01026"/>
          <other otherDesc="Internal" value="6388788"/>
        </identifiers>
        <balance>1425.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>33072.44000000</valUSD>
        <pctVal>0.040834913314</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Merchants Port Holdings Company Limited</name>
        <lei>N/A</lei>
        <title>CHINA MERCHANTS PORT HOLDINGS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0144000764"/>
          <other otherDesc="Internal" value="6416139"/>
        </identifiers>
        <balance>22000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>43220.59000000</valUSD>
        <pctVal>0.053364948157</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>Aluminum Corporation of China Limited</name>
        <lei>N/A</lei>
        <title>ALUMINUM CORP OF CHINA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000001T8"/>
          <other otherDesc="Internal" value="6425395"/>
        </identifiers>
        <balance>80000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>112036.13000000</valUSD>
        <pctVal>0.138332268698</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>BHARTI AIRTEL LIMITED</name>
        <lei>335800KQ1FPKOQ84OR26</lei>
        <title>BHARTI AIRTEL LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE397D01024"/>
          <other otherDesc="Internal" value="6442327"/>
        </identifiers>
        <balance>46135.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>887649.03000000</valUSD>
        <pctVal>1.095990232152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA GAS HOLDINGS LIMITED</name>
        <lei>254900KTSZLZ21VV8T33</lei>
        <title>CHINA GAS HOLDINGS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG2109G1033"/>
          <other otherDesc="Internal" value="6460794"/>
        </identifiers>
        <balance>48000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>42445.35000000</valUSD>
        <pctVal>0.052407750617</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>ORACLE FINANCIAL SERVICES SOFTWARE LIMITED</name>
        <lei>3358008SYNPKSPNMTJ57</lei>
        <title>ORACLE FINANCIAL SERVICES SOFTWARE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE881D01027"/>
          <other otherDesc="Internal" value="6528443"/>
        </identifiers>
        <balance>400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>42020.73000000</valUSD>
        <pctVal>0.051883467532</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GEELY AUTOMOBILE HOLDINGS LIMITED</name>
        <lei>549300YS3T1KVQ2SNI84</lei>
        <title>GEELY AUTOMOBILE HOLDINGS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG3777B1032"/>
          <other otherDesc="Internal" value="6531827"/>
        </identifiers>
        <balance>120000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>288175.17000000</valUSD>
        <pctVal>0.355813120720</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>CHINA RESOURCES GAS GROUP LIMITED</name>
        <lei>529900A0E1J5JSOKEK83</lei>
        <title>CHINA RESOURCES GAS GROUP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG2113B1081"/>
          <other otherDesc="Internal" value="6535517"/>
        </identifiers>
        <balance>16000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>37545.46000000</valUSD>
        <pctVal>0.046357801373</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>BYD COMPANY LIMITED</name>
        <lei>N/A</lei>
        <title>BYD CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000296"/>
          <other otherDesc="Internal" value="6536651"/>
        </identifiers>
        <balance>66700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>776432.78000000</valUSD>
        <pctVal>0.958670278503</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Oilfield Services Limited</name>
        <lei>N/A</lei>
        <title>CHINA OILFIELD SERVICES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000002P4"/>
          <other otherDesc="Internal" value="6560995"/>
        </identifiers>
        <balance>36000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>36325.17000000</valUSD>
        <pctVal>0.044851095597</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>UNION BANK OF INDIA LIMITED</name>
        <lei>5493000P4HD6132SQ711</lei>
        <title>UNION BANK OF INDIA LTD</title>
        <cusip>Y90885115</cusip>
        <identifiers>
          <isin value="INE692A01016"/>
          <other otherDesc="Internal" value="6579634"/>
        </identifiers>
        <balance>29000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>51231.59000000</valUSD>
        <pctVal>0.063256219879</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUN PHARMACEUTICAL INDUSTRIES LIMITED</name>
        <lei>335800KJ7GE29LB4SS73</lei>
        <title>SUN PHARMACEUTICAL INDUSTRIES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE044A01036"/>
          <other otherDesc="Internal" value="6582483"/>
        </identifiers>
        <balance>17294.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>327303.83000000</valUSD>
        <pctVal>0.404125716924</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Divi's Laboratories Ltd</name>
        <lei>335800C1DHFG1C9T1M03</lei>
        <title>DIVI S LABORATORIES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE361B01024"/>
          <other otherDesc="Internal" value="6602518"/>
        </identifiers>
        <balance>2145.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>150483.71000000</valUSD>
        <pctVal>0.185803927773</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MARUTI SUZUKI INDIA LIMITED</name>
        <lei>335800D27PBEESKKD357</lei>
        <title>MARUTI SUZUKI INDIA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE585B01010"/>
          <other otherDesc="Internal" value="6633712"/>
        </identifiers>
        <balance>2259.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>311953.02000000</valUSD>
        <pctVal>0.385171899315</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ORIENT OVERSEAS (INTERNATIONAL) LIMITED</name>
        <lei>N/A</lei>
        <title>ORIENT OVERSEAS INTERNATIONAL LTD</title>
        <cusip>G67749153</cusip>
        <identifiers>
          <isin value="BMG677491539"/>
          <other otherDesc="Internal" value="6659116"/>
        </identifiers>
        <balance>2500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>43443.67000000</valUSD>
        <pctVal>0.053640387540</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="34754.93600000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AUROBINDO PHARMA LTD</name>
        <lei>335800G4T2A353RDGM23</lei>
        <title>AUROBINDO PHARMA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE406A01037"/>
          <other otherDesc="Internal" value="6702634"/>
        </identifiers>
        <balance>4520.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>67834.24000000</valUSD>
        <pctVal>0.083755698404</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PICC Property and Casualty Company Limited</name>
        <lei>N/A</lei>
        <title>PICC PROPERTY CASUALTY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000593"/>
          <other otherDesc="Internal" value="6706250"/>
        </identifiers>
        <balance>126322.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>234451.51000000</valUSD>
        <pctVal>0.289479914007</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>AviChina Industry &amp; Technology Company Limited</name>
        <lei>N/A</lei>
        <title>AVICHINA INDUSTRY TECHNOLOGY CO LTD</title>
        <cusip>Y0485Q109</cusip>
        <identifiers>
          <isin value="CNE1000001Y8"/>
          <other otherDesc="Internal" value="6707899"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>15998.25000000</valUSD>
        <pctVal>0.019753219052</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Resources Power Holdings Company Limited</name>
        <lei>N/A</lei>
        <title>CHINA RESOURCES POWER HOLDINGS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0836012952"/>
          <other otherDesc="Internal" value="6711566"/>
        </identifiers>
        <balance>42200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>114519.16000000</valUSD>
        <pctVal>0.141398093742</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="108548.96682400"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Great Wall Motor Company Limited</name>
        <lei>254900CR8AHWTMFZHH60</lei>
        <title>GREAT WALL MOTOR CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000338"/>
          <other otherDesc="Internal" value="6718255"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>53133.25000000</valUSD>
        <pctVal>0.065604220851</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Life Insurance Company Limited</name>
        <lei>N/A</lei>
        <title>CHINA LIFE INSURANCE CO LTD</title>
        <cusip>Y1477R204</cusip>
        <identifiers>
          <isin value="CNE1000002L3"/>
          <other otherDesc="Internal" value="6718976"/>
        </identifiers>
        <balance>138000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>509097.26000000</valUSD>
        <pctVal>0.628588107819</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>Zijin Mining Group Company Limited</name>
        <lei>N/A</lei>
        <title>ZIJIN MINING GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000502"/>
          <other otherDesc="Internal" value="6725299"/>
        </identifiers>
        <balance>109000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>456951.64000000</valUSD>
        <pctVal>0.564203324827</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>TVS MOTOR COMPANY LIMITED</name>
        <lei>335800URVL13UQEWM152</lei>
        <title>TVS MOTOR CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE494B01023"/>
          <other otherDesc="Internal" value="6726548"/>
        </identifiers>
        <balance>4280.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>151140.33000000</valUSD>
        <pctVal>0.186614663865</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JINDAL STEEL LIMITED</name>
        <lei>335800UIKQBF6QO2NP15</lei>
        <title>JINDAL STEEL LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE749A01030"/>
          <other otherDesc="Internal" value="6726816"/>
        </identifiers>
        <balance>6720.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>85423.40000000</valUSD>
        <pctVal>0.105473231911</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MMG Limited</name>
        <lei>529900XB5IQXFMSWEC48</lei>
        <title>MMG LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK1208013172"/>
          <other otherDesc="Internal" value="6728793"/>
        </identifiers>
        <balance>84000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>94687.14000000</valUSD>
        <pctVal>0.116911275789</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="85669.31714200"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANDONG WEIGAO GROUP MEDICAL POLYMER CO.,LTD</name>
        <lei>N/A</lei>
        <title>SHANDONG WEIGAO GROUP MEDICAL POLYMER CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000171"/>
          <other otherDesc="Internal" value="6742340"/>
        </identifiers>
        <balance>32000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>13722.50000000</valUSD>
        <pctVal>0.016943324954</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>JINDAL STAINLESS LIMITED</name>
        <lei>3358003QFQMSFDO7BP20</lei>
        <title>JINDAL STAINLESS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE220G01021"/>
          <other otherDesc="Internal" value="6743257"/>
        </identifiers>
        <balance>5528.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>39855.92000000</valUSD>
        <pctVal>0.049210552298</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Weichai Power Co., Ltd.</name>
        <lei>N/A</lei>
        <title>WEICHAI POWER CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000004L9"/>
          <other otherDesc="Internal" value="6743956"/>
        </identifiers>
        <balance>40100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>213022.59000000</valUSD>
        <pctVal>0.263021385679</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>SAMVARDHANA MOTHERSON INTERNATIONAL LIMITED</name>
        <lei>335800C7BQ19CKG8GH63</lei>
        <title>MOTHERSON SUMI SYSTEMS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE775A01035"/>
          <other otherDesc="Internal" value="6743990"/>
        </identifiers>
        <balance>80188.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>122904.40000000</valUSD>
        <pctVal>0.151751443798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TINGYI (CAYMAN ISLANDS) HOLDING CORP.</name>
        <lei>5299009MPI9B60VN4P25</lei>
        <title>TINGYI CAYMAN ISLANDS HOLDING CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG8878S1030"/>
          <other otherDesc="Internal" value="6903556"/>
        </identifiers>
        <balance>38000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>57932.70000000</valUSD>
        <pctVal>0.071530155699</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tsingtao Brewery Company Limited</name>
        <lei>N/A</lei>
        <title>TSINGTAO BREWERY CO LTD</title>
        <cusip>Y8997D102</cusip>
        <identifiers>
          <isin value="CNE1000004K1"/>
          <other otherDesc="Internal" value="6905808"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>76226.97000000</valUSD>
        <pctVal>0.094118296447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUANGDONG INVESTMENT LIMITED</name>
        <lei>N/A</lei>
        <title>GUANGDONG INVESTMENT LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0270001396"/>
          <other otherDesc="Internal" value="6913168"/>
        </identifiers>
        <balance>58000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>61797.39000000</valUSD>
        <pctVal>0.076301931871</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Resources Beer (Holdings) Company Limited</name>
        <lei>254900OH02Y7OS7RNG48</lei>
        <title>CHINA RESOURCES BEER HOLDINGS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0291001490"/>
          <other otherDesc="Internal" value="6972459"/>
        </identifiers>
        <balance>31500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>97337.72000000</valUSD>
        <pctVal>0.120183976700</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>PHOSAGRO PUBLIC JOINT STOCK COMPANY</name>
        <lei>25340053KRUNNYUWF472</lei>
        <title>PHOSAGRO PUBLIC JOINT STOCK COMPANY</title>
        <cusip>71922G407</cusip>
        <identifiers>
          <isin value="US71922G4073"/>
          <other otherDesc="Internal" value="71922G407"/>
        </identifiers>
        <balance>28.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.28000000</valUSD>
        <pctVal>0.000000345719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PDD Holdings Inc.</name>
        <lei>5493000573DS7005T657</lei>
        <title>PINDUODUO INC</title>
        <cusip>722304102</cusip>
        <identifiers>
          <isin value="US7223041028"/>
          <other otherDesc="Internal" value="722304102"/>
        </identifiers>
        <balance>12705.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1072810.20000000</valUSD>
        <pctVal>1.324610809470</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="ADR"/>
        <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>TAL EDUCATION GROUP</name>
        <lei>5493003PJZS0EC085V72</lei>
        <title>TAL EDUCATION GROUP</title>
        <cusip>874080104</cusip>
        <identifiers>
          <isin value="US8740801043"/>
          <other otherDesc="Internal" value="874080104"/>
        </identifiers>
        <balance>7440.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>72242.40000000</valUSD>
        <pctVal>0.089198503092</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="ADR"/>
        <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>TENCENT MUSIC ENTERTAINMENT GROUP</name>
        <lei>N/A</lei>
        <title>TENCENT MUSIC ENTERTAINMENT GROUP</title>
        <cusip>88034P109</cusip>
        <identifiers>
          <isin value="US88034P1093"/>
          <other otherDesc="Internal" value="88034P109"/>
        </identifiers>
        <balance>10225.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>94274.50000000</valUSD>
        <pctVal>0.116401784544</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="ADR"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VIPSHOP HOLDINGS LIMITED</name>
        <lei>N/A</lei>
        <title>VIPSHOP HOLDINGS LTD</title>
        <cusip>92763W103</cusip>
        <identifiers>
          <isin value="US92763W1036"/>
          <other otherDesc="Internal" value="92763W103"/>
        </identifiers>
        <balance>5540.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>78778.80000000</valUSD>
        <pctVal>0.097269069623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="ADR"/>
        <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>CHINA COM RICH RENE ENE INVEST</name>
        <lei>N/A</lei>
        <title>CHINA COM RICH RENE ENE INVEST</title>
        <cusip>934CYD901</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="934CYD901"/>
        </identifiers>
        <balance>7709.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>0.01000000</valUSD>
        <pctVal>0.000000012347</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KANGMEI PHARMACEUTICAL CO</name>
        <lei>N/A</lei>
        <title>KANGMEI PHARMACEUTICAL CO</title>
        <cusip>ACI25YJB7</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="ACI25YJB7"/>
        </identifiers>
        <balance>2161.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banco Bradesco S.A.</name>
        <lei>549300CTUU1RFXHQJE44</lei>
        <title>BANCO BRADESCO SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRBBDCACNPR8"/>
          <other otherDesc="Internal" value="B00FM53"/>
        </identifiers>
        <balance>98196.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>344543.95000000</valUSD>
        <pctVal>0.425412286821</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>Banco Bradesco S.A.</name>
        <lei>549300CTUU1RFXHQJE44</lei>
        <title>BANCO BRADESCO SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRBBDCACNOR1"/>
          <other otherDesc="Internal" value="B00FM86"/>
        </identifiers>
        <balance>27440.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>84312.77000000</valUSD>
        <pctVal>0.104101924570</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>PETRONET LNG LIMITED</name>
        <lei>335800KIIKNA7GRD9351</lei>
        <title>PETRONET LNG LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE347G01014"/>
          <other otherDesc="Internal" value="B00KT68"/>
        </identifiers>
        <balance>13720.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>39137.26000000</valUSD>
        <pctVal>0.048323214720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINO BIOPHARMACEUTICAL LIMITED</name>
        <lei>529900LPR4ADFEJAR786</lei>
        <title>SINO BIOPHARMACEUTICAL LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG8167W1380"/>
          <other otherDesc="Internal" value="B00XSF9"/>
        </identifiers>
        <balance>177000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>112801.19000000</valUSD>
        <pctVal>0.139276896878</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>CIPLA LIMITED</name>
        <lei>335800KMJJYEDDK82Q34</lei>
        <title>CIPLA LTD INDIA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE059A01026"/>
          <other otherDesc="Internal" value="B011108"/>
        </identifiers>
        <balance>10052.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>148198.30000000</valUSD>
        <pctVal>0.182982106364</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LARSEN AND TOUBRO LIMITED</name>
        <lei>3358003FR3JIC5FRXA90</lei>
        <title>LARSEN TOUBRO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE018A01030"/>
          <other otherDesc="Internal" value="B0166K8"/>
        </identifiers>
        <balance>12160.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>522086.81000000</valUSD>
        <pctVal>0.644626451172</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA MENGNIU DAIRY COMPANY LIMITED</name>
        <lei>2549005Q343BSJ8RSS21</lei>
        <title>CHINA MENGNIU DAIRY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG210961051"/>
          <other otherDesc="Internal" value="B01B1L9"/>
        </identifiers>
        <balance>58000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>125578.77000000</valUSD>
        <pctVal>0.155053518490</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>Ping An Insurance (Group) Company of China, Ltd.</name>
        <lei>529900M9MC28JLN35U89</lei>
        <title>PING AN INSURANCE GROUP CO OF CHINA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000003X6"/>
          <other otherDesc="Internal" value="B01FLR7"/>
        </identifiers>
        <balance>120000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>919096.25000000</valUSD>
        <pctVal>1.134818468070</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>ULTRATECH CEMENT LIMITED</name>
        <lei>335800PC9O9B4BQHG814</lei>
        <title>ULTRATECH CEMENT LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE481G01011"/>
          <other otherDesc="Internal" value="B01GZF6"/>
        </identifiers>
        <balance>2029.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>245119.03000000</valUSD>
        <pctVal>0.302651220826</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Li Ning Co Ltd</name>
        <lei>N/A</lei>
        <title>LI NING CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG5496K1242"/>
          <other otherDesc="Internal" value="B01JCK9"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>92826.53000000</valUSD>
        <pctVal>0.114613959714</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>ASHOK LEYLAND LIMITED</name>
        <lei>3358001BZKWERVWYCK35</lei>
        <title>ASHOK LEYLAND LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE208A01029"/>
          <other otherDesc="Internal" value="B01NFT1"/>
        </identifiers>
        <balance>56000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>91599.57000000</valUSD>
        <pctVal>0.113099018414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BOSCH LIMITED</name>
        <lei>3358008TVK7S8BSVVW82</lei>
        <title>BOSCH LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE323A01026"/>
          <other otherDesc="Internal" value="B01NFV3"/>
        </identifiers>
        <balance>137.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>52799.52000000</valUSD>
        <pctVal>0.065192160670</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TATA CONSULTANCY SERVICES LIMITED</name>
        <lei>335800ZJKU9GPQRE2U66</lei>
        <title>TATA CONSULTANCY SERVICES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE467B01029"/>
          <other otherDesc="Internal" value="B01NPJ1"/>
        </identifiers>
        <balance>15989.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>380361.54000000</valUSD>
        <pctVal>0.469636667689</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ADANI ENTERPRISES LIMITED</name>
        <lei>335800OTN96B3M38HC30</lei>
        <title>ADANI ENTERPRISES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE423A01024"/>
          <other otherDesc="Internal" value="B01VRK0"/>
        </identifiers>
        <balance>2840.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>87755.28000000</valUSD>
        <pctVal>0.108352430351</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUZANO S.A.</name>
        <lei>391200AW174YQSDMGG41</lei>
        <title>SUZANO SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRSUZBACNOR0"/>
          <other otherDesc="Internal" value="B02GKC7"/>
        </identifiers>
        <balance>11791.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>97959.34000000</valUSD>
        <pctVal>0.120951497900</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>China Power International Development Limited</name>
        <lei>N/A</lei>
        <title>CHINA POWER INTERNATIONAL DEVELOPMENT LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK2380027329"/>
          <other otherDesc="Internal" value="B02ZKQ8"/>
        </identifiers>
        <balance>80000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>37971.84000000</valUSD>
        <pctVal>0.046884257550</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>CPFL ENERGIA S.A.</name>
        <lei>N/A</lei>
        <title>CPFL ENERGIA SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRCPFEACNOR0"/>
          <other otherDesc="Internal" value="B031NN3"/>
        </identifiers>
        <balance>3000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>25804.09000000</valUSD>
        <pctVal>0.031860599892</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>NTPC LIMITED</name>
        <lei>335800Q4TRGJXNLVMB81</lei>
        <title>NTPC LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE733E01010"/>
          <other otherDesc="Internal" value="B037HF1"/>
        </identifiers>
        <balance>78520.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>319690.93000000</valUSD>
        <pctVal>0.394725983745</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="non-U.S. government agency" issuerCat="OTHER"/>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Itau Unibanco Holding S.A.</name>
        <lei>5493002W2IVG62O3ZJ94</lei>
        <title>ITAU UNIBANCO HOLDING SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRITUBACNPR1"/>
          <other otherDesc="Internal" value="B037HR3"/>
        </identifiers>
        <balance>93433.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>741603.77000000</valUSD>
        <pctVal>0.915666508471</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>PORTO SEGURO S.A.</name>
        <lei>N/A</lei>
        <title>PORTO SEGURO SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRPSSAACNOR7"/>
          <other otherDesc="Internal" value="B0498T7"/>
        </identifiers>
        <balance>3577.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>34255.76000000</valUSD>
        <pctVal>0.042295971815</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>ZTE Corporation</name>
        <lei>3003004FBGVVG1CW5U45</lei>
        <title>ZTE CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000004Y2"/>
          <other otherDesc="Internal" value="B04KP88"/>
        </identifiers>
        <balance>16048.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>54721.46000000</valUSD>
        <pctVal>0.067565201585</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="51829.89730800"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Localiza Rent a Car S.A.</name>
        <lei>984500C442A7E0CD4D11</lei>
        <title>LOCALIZA RENT A CAR SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRRENTACNOR4"/>
          <other otherDesc="Internal" value="B08K3S0"/>
        </identifiers>
        <balance>17182.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>143122.31000000</valUSD>
        <pctVal>0.176714724470</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>China Shenhua Energy Company Limited</name>
        <lei>N/A</lei>
        <title>CHINA SHENHUA ENERGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000002R0"/>
          <other otherDesc="Internal" value="B09N7M0"/>
        </identifiers>
        <balance>60500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>347803.45000000</valUSD>
        <pctVal>0.429436828099</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>AMBUJA CEMENTS LIMITED</name>
        <lei>335800NT6LQHR1428E20</lei>
        <title>AMBUJA CEMENTS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE079A01024"/>
          <other otherDesc="Internal" value="B09QQ11"/>
        </identifiers>
        <balance>10800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>50930.38000000</valUSD>
        <pctVal>0.062884312507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COSCO SHIPPING Holdings Co., Ltd.</name>
        <lei>N/A</lei>
        <title>COSCO SHIPPING HOLDINGS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000002J7"/>
          <other otherDesc="Internal" value="B0B8Z18"/>
        </identifiers>
        <balance>40349.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>72961.53000000</valUSD>
        <pctVal>0.090086420984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Communications Co., Ltd.</name>
        <lei>549300AX1UM10U30HK09</lei>
        <title>BANK OF COMMUNICATIONS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000205"/>
          <other otherDesc="Internal" value="B0B8Z29"/>
        </identifiers>
        <balance>120200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>112050.06000000</valUSD>
        <pctVal>0.138349468226</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA STATE CONSTRUCTION INTERNATIONAL HOLDINGS LIMITED</name>
        <lei>N/A</lei>
        <title>CHINA STATE CONSTRUCTION INTERNATIONAL HOLDINGS LT</title>
        <cusip>G21677136</cusip>
        <identifiers>
          <isin value="KYG216771363"/>
          <other otherDesc="Internal" value="B0BM5T8"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>44605.54000000</valUSD>
        <pctVal>0.055074961485</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>BHARAT FORGE LTD</name>
        <lei>3358009U5Z2BU2X3L230</lei>
        <title>BHARAT FORGE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE465A01025"/>
          <other otherDesc="Internal" value="B0C1DM3"/>
        </identifiers>
        <balance>4549.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>93613.64000000</valUSD>
        <pctVal>0.115585813276</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUZLON ENERGY LIMITED</name>
        <lei>724500ZW9AZP283ZN723</lei>
        <title>SUZLON ENERGY LTD</title>
        <cusip>Y8315Y119</cusip>
        <identifiers>
          <isin value="INE040H01021"/>
          <other otherDesc="Internal" value="B0DX8R8"/>
        </identifiers>
        <balance>181115.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>108573.66000000</valUSD>
        <pctVal>0.134057118080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ultrapar Participacoes S.A.</name>
        <lei>529900FU4XBXGQMLRE72</lei>
        <title>ULTRAPAR PARTICIPACOES SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRUGPAACNOR8"/>
          <other otherDesc="Internal" value="B0FHTN1"/>
        </identifiers>
        <balance>12800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>65642.33000000</valUSD>
        <pctVal>0.081049322496</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>HINDALCO INDUSTRIES LIMITED</name>
        <lei>335800KXLE5NO5B4GF90</lei>
        <title>HINDALCO INDUSTRIES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE038A01020"/>
          <other otherDesc="Internal" value="B0GWF48"/>
        </identifiers>
        <balance>23687.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>280859.27000000</valUSD>
        <pctVal>0.346780096779</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BAIDU, INC.</name>
        <lei>254900AL64IANZYI1E02</lei>
        <title>BAIDU INC</title>
        <cusip>G07034104</cusip>
        <identifiers>
          <isin value="KYG070341048"/>
          <other otherDesc="Internal" value="B0J2D41"/>
        </identifiers>
        <balance>40306.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>681546.49000000</valUSD>
        <pctVal>0.841513109971</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>ITC LIMITED</name>
        <lei>335800WLOU3OFWFTMP43</lei>
        <title>ITC LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE154A01025"/>
          <other otherDesc="Internal" value="B0JGGP5"/>
        </identifiers>
        <balance>51392.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>155061.83000000</valUSD>
        <pctVal>0.191456583983</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PIDILITE INDUSTRIES LIMITED</name>
        <lei>335800APXGEBZ349GN74</lei>
        <title>PIDILITE INDUSTRIES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE318A01026"/>
          <other otherDesc="Internal" value="B0JJV59"/>
        </identifiers>
        <balance>5782.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>90325.32000000</valUSD>
        <pctVal>0.111525687620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UPL LIMITED</name>
        <lei>335800RJSM1SLHO4UA95</lei>
        <title>UPL LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE628A01036"/>
          <other otherDesc="Internal" value="B0L0W35"/>
        </identifiers>
        <balance>8649.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>58684.11000000</valUSD>
        <pctVal>0.072457930070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUNDARAM FINANCE LIMITED</name>
        <lei>335800QM6HEH82BEJY45</lei>
        <title>SUNDARAM FINANCE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE660A01013"/>
          <other otherDesc="Internal" value="B0L4LR4"/>
        </identifiers>
        <balance>1200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>52923.32000000</valUSD>
        <pctVal>0.065345017921</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA CONSTRUCTION BANK CORPORATION</name>
        <lei>5493001KQW6DM7KEDR62</lei>
        <title>CHINA CONSTRUCTION BANK CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000002H1"/>
          <other otherDesc="Internal" value="B0LMTQ3"/>
        </identifiers>
        <balance>1715370.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>1858625.88000000</valUSD>
        <pctVal>2.294866260042</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>SHENZHOU INTERNATIONAL GROUP HOLDINGS LIMITED</name>
        <lei>N/A</lei>
        <title>SHENZHOU INTERNATIONAL GROUP HOLDINGS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG8087W1015"/>
          <other otherDesc="Internal" value="B0MP1B0"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>71003.92000000</valUSD>
        <pctVal>0.087669337919</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>THE PHOENIX MILLS LIMITED</name>
        <lei>33580037PCXCE5PNQU51</lei>
        <title>PHOENIX MILLS LTD THE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE211B01039"/>
          <other otherDesc="Internal" value="B0SXY97"/>
        </identifiers>
        <balance>3760.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>70102.23000000</valUSD>
        <pctVal>0.086556011143</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>COROMANDEL INTERNATIONAL LIMITED</name>
        <lei>335800U73K3HJSQKT249</lei>
        <title>COROMANDEL INTERNATIONAL LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE169A01031"/>
          <other otherDesc="Internal" value="B0VDZN5"/>
        </identifiers>
        <balance>2360.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>43549.79000000</valUSD>
        <pctVal>0.053771415096</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TORRENT PHARMACEUTICALS LTD</name>
        <lei>335800NA6HK275RIJE13</lei>
        <title>TORRENT PHARMACEUTICALS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE685A01028"/>
          <other otherDesc="Internal" value="B0XPSB8"/>
        </identifiers>
        <balance>2160.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>100287.66000000</valUSD>
        <pctVal>0.123826300768</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>China National Building Material Company Limited</name>
        <lei>N/A</lei>
        <title>CHINA NATIONAL BUILDING MATERIAL CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000002N9"/>
          <other otherDesc="Internal" value="B0Y91C1"/>
        </identifiers>
        <balance>66942.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>45312.94000000</valUSD>
        <pctVal>0.055948396214</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>TOTVS S.A.</name>
        <lei>N/A</lei>
        <title>TOTVS SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRTOTSACNOR8"/>
          <other otherDesc="Internal" value="B10LQP6"/>
        </identifiers>
        <balance>10880.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>71324.82000000</valUSD>
        <pctVal>0.088065556755</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>EQUATORIAL S.A.</name>
        <lei>N/A</lei>
        <title>EQUATORIAL ENERGIA SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BREQTLACNOR0"/>
          <other otherDesc="Internal" value="B128R96"/>
        </identifiers>
        <balance>21480.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>164148.24000000</valUSD>
        <pctVal>0.202675676517</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>BANK OF CHINA LIMITED</name>
        <lei>54930053HGCFWVHYZX42</lei>
        <title>BANK OF CHINA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000001Z5"/>
          <other otherDesc="Internal" value="B154564"/>
        </identifiers>
        <balance>1269000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>843570.92000000</valUSD>
        <pctVal>1.041566494415</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>SIEMENS LIMITED</name>
        <lei>335800HJQJFZ3CJLJ709</lei>
        <title>SIEMENS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE003A01024"/>
          <other otherDesc="Internal" value="B15T569"/>
        </identifiers>
        <balance>1760.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>71183.25000000</valUSD>
        <pctVal>0.087890758685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GMR AIRPORTS LIMITED</name>
        <lei>3358008S2MTRWZ255P70</lei>
        <title>GMR AIRPORTS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE776C01039"/>
          <other otherDesc="Internal" value="B192HJ1"/>
        </identifiers>
        <balance>48880.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>51628.70000000</valUSD>
        <pctVal>0.063746536059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CG POWER AND INDUSTRIAL SOLUTIONS LIMITED</name>
        <lei>335800KN5UTZKUZN2703</lei>
        <title>CG POWER INDUSTRIAL SOLUTIONS LTD</title>
        <cusip>Y1788L144</cusip>
        <identifiers>
          <isin value="INE067A01029"/>
          <other otherDesc="Internal" value="B1B90H9"/>
        </identifiers>
        <balance>12735.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>123073.17000000</valUSD>
        <pctVal>0.151959826013</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GODREJ CONSUMER PRODUCTS LIMITED</name>
        <lei>335800P4GUWLGZFK2D63</lei>
        <title>GODREJ CONSUMER PRODUCTS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE102D01028"/>
          <other otherDesc="Internal" value="B1BDGY0"/>
        </identifiers>
        <balance>6600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>71472.79000000</valUSD>
        <pctVal>0.088248256976</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Merchants Bank Co., Ltd.</name>
        <lei>549300MKO5B60FFIHF58</lei>
        <title>CHINA MERCHANTS BANK CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000002M1"/>
          <other otherDesc="Internal" value="B1DYPZ5"/>
        </identifiers>
        <balance>73956.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>444922.66000000</valUSD>
        <pctVal>0.549351008048</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>VOLTAS LIMITED</name>
        <lei>335800VVTQSSZ7NV7F51</lei>
        <title>VOLTAS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE226A01021"/>
          <other otherDesc="Internal" value="B1FCQX2"/>
        </identifiers>
        <balance>4160.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>54529.51000000</valUSD>
        <pctVal>0.067328198763</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THE INDIAN HOTELS COMPANY LIMITED</name>
        <lei>33580076CH5SBY5HWA22</lei>
        <title>INDIAN HOTELS CO LTD THE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE053A01029"/>
          <other otherDesc="Internal" value="B1FRT61"/>
        </identifiers>
        <balance>15663.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>107858.47000000</valUSD>
        <pctVal>0.133174064951</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED</name>
        <lei>5493002ERZU2K9PZDL40</lei>
        <title>INDUSTRIAL COMMERCIAL BANK OF CHINA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000003G1"/>
          <other otherDesc="Internal" value="B1G1QD8"/>
        </identifiers>
        <balance>1160050.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>982394.42000000</valUSD>
        <pctVal>1.212973429871</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>Zhaojin Mining Industry Company Limited</name>
        <lei>3003007KU2DRDX06PN04</lei>
        <title>ZHAOJIN MINING INDUSTRY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000004R6"/>
          <other otherDesc="Internal" value="B1H5082"/>
        </identifiers>
        <balance>31500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>87214.49000000</valUSD>
        <pctVal>0.107684710861</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>TORRENT POWER LIMITED</name>
        <lei>335800DJYYJQGAH3OX89</lei>
        <title>TORRENT POWER LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE813H01021"/>
          <other otherDesc="Internal" value="B1JLL30"/>
        </identifiers>
        <balance>3200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>47819.34000000</valUSD>
        <pctVal>0.059043076460</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Coal Energy Company Limited</name>
        <lei>N/A</lei>
        <title>CHINA COAL ENERGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000528"/>
          <other otherDesc="Internal" value="B1JNK84"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>64570.60000000</valUSD>
        <pctVal>0.079726045421</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>HAITIAN INTERNATIONAL HOLDINGS LIMITED</name>
        <lei>N/A</lei>
        <title>HAITIAN INTERNATIONAL HOLDINGS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG4232C1087"/>
          <other otherDesc="Internal" value="B1L2RC2"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>30306.15000000</valUSD>
        <pctVal>0.037419343965</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>Zhuzhou CRRC Times Electric Co., Ltd.</name>
        <lei>N/A</lei>
        <title>ZHUZHOU CRRC TIMES ELECTRIC CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000004X4"/>
          <other otherDesc="Internal" value="B1L3XL6"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>41405.88000000</valUSD>
        <pctVal>0.051124305327</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>VODAFONE IDEA LIMITED</name>
        <lei>335800UBBFAK7HCF3209</lei>
        <title>VODAFONE IDEA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE669E01016"/>
          <other otherDesc="Internal" value="B1MP4H4"/>
        </identifiers>
        <balance>488240.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>71909.83000000</valUSD>
        <pctVal>0.088787875176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MARICO LIMITED</name>
        <lei>3358003SFDQFGJPC5O84</lei>
        <title>MARICO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE196A01026"/>
          <other otherDesc="Internal" value="B1S34K5"/>
        </identifiers>
        <balance>8760.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>75733.32000000</valUSD>
        <pctVal>0.093508781244</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POWER FINANCE CORPORATION LIMITED</name>
        <lei>3358003Q6D9LIJJZ1614</lei>
        <title>POWER FINANCE CORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE134E01011"/>
          <other otherDesc="Internal" value="B1S7225"/>
        </identifiers>
        <balance>28043.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>126445.59000000</valUSD>
        <pctVal>0.156123790884</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="non-U.S. government agency" issuerCat="OTHER"/>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PAGE INDUSTRIES LIMITED</name>
        <lei>335800D6UFCCKUP3KD53</lei>
        <title>PAGE INDUSTRIES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE761H01022"/>
          <other otherDesc="Internal" value="B1VJS64"/>
        </identifiers>
        <balance>120.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>48224.56000000</valUSD>
        <pctVal>0.059543406147</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CMOC Group Limited</name>
        <lei>2549008KG3638J59U652</lei>
        <title>CHINA MOLYBDENUM CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000114"/>
          <other otherDesc="Internal" value="B1VRCG6"/>
        </identifiers>
        <balance>69000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>161041.12000000</valUSD>
        <pctVal>0.198839280537</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA CITIC BANK CORPORATION LIMITED</name>
        <lei>300300C1030211000384</lei>
        <title>CHINA CITIC BANK CORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000001Q4"/>
          <other otherDesc="Internal" value="B1W0JF2"/>
        </identifiers>
        <balance>160000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>148858.17000000</valUSD>
        <pctVal>0.183796855268</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>FORTIS HEALTHCARE LIMITED</name>
        <lei>3358001Q5ZJC4M83WH02</lei>
        <title>FORTIS HEALTHCARE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE061F01013"/>
          <other otherDesc="Internal" value="B1XC098"/>
        </identifiers>
        <balance>8680.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>84792.84000000</valUSD>
        <pctVal>0.104694672393</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ABB INDIA LIMITED</name>
        <lei>5493001BUNB8WEF9JI21</lei>
        <title>ABB INDIA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE117A01022"/>
          <other otherDesc="Internal" value="B1Y9QS9"/>
        </identifiers>
        <balance>1000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>76399.51000000</valUSD>
        <pctVal>0.094331333524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Companhia Energetica de Minas Gerais - CEMIG</name>
        <lei>254900W703PXLDSEM056</lei>
        <title>CIA ENERGETICA DE MINAS GERAIS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRCMIGACNPR3"/>
          <other otherDesc="Internal" value="B1YBRG0"/>
        </identifiers>
        <balance>29640.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>63221.97000000</valUSD>
        <pctVal>0.078060876805</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>SUNNY OPTICAL TECHNOLOGY (GROUP) COMPANY LIMITED</name>
        <lei>3003004QIVP0DFVVWM94</lei>
        <title>SUNNY OPTICAL TECHNOLOGY GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG8586D1097"/>
          <other otherDesc="Internal" value="B1YBT08"/>
        </identifiers>
        <balance>12100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>129598.57000000</valUSD>
        <pctVal>0.160016810721</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>Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP</name>
        <lei>254900UOXRZRS2TNWP19</lei>
        <title>CIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRSBSPACNOR5"/>
          <other otherDesc="Internal" value="B1YCHL8"/>
        </identifiers>
        <balance>47320.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>262182.75000000</valUSD>
        <pctVal>0.323719987661</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>DLF LIMITED</name>
        <lei>335800PJLUEOB8914F48</lei>
        <title>DLF LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE271C01023"/>
          <other otherDesc="Internal" value="B1YLCV0"/>
        </identifiers>
        <balance>13769.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>85559.72000000</valUSD>
        <pctVal>0.105641547747</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANTA SPORTS PRODUCTS LIMITED</name>
        <lei>529900291XG0CTK4LF95</lei>
        <title>ANTA SPORTS PRODUCTS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG040111059"/>
          <other otherDesc="Internal" value="B1YVKN8"/>
        </identifiers>
        <balance>24040.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>232392.54000000</valUSD>
        <pctVal>0.286937680611</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>POWER GRID CORPORATION OF INDIA LIMITED</name>
        <lei>3358009SHWZ3DZEQ4Z56</lei>
        <title>POWER GRID CORP OF INDIA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE752E01010"/>
          <other otherDesc="Internal" value="B233HS6"/>
        </identifiers>
        <balance>82264.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>251547.88000000</valUSD>
        <pctVal>0.310588994164</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="non-U.S. government agency" issuerCat="OTHER"/>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NHPC LIMITED</name>
        <lei>3358003ZPPTGWT595J46</lei>
        <title>NHPC LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE848E01016"/>
          <other otherDesc="Internal" value="B233LP1"/>
        </identifiers>
        <balance>55009.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>45661.15000000</valUSD>
        <pctVal>0.056378335014</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BOSIDENG INTERNATIONAL HOLDINGS LIMITED</name>
        <lei>254900G7F1RDM4B3S169</lei>
        <title>BOSIDENG INTERNATIONAL HOLDINGS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG126521064"/>
          <other otherDesc="Internal" value="B24FZ32"/>
        </identifiers>
        <balance>80000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>43413.01000000</valUSD>
        <pctVal>0.053602531293</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>KINGSOFT CORPORATION LIMITED</name>
        <lei>529900UVT35D3Q7YQY41</lei>
        <title>KINGSOFT CORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG5264Y1089"/>
          <other otherDesc="Internal" value="B27WRM3"/>
        </identifiers>
        <balance>16200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>43942.83000000</valUSD>
        <pctVal>0.054256706001</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>GCL Technology Holdings Limited</name>
        <lei>N/A</lei>
        <title>GCL POLY ENERGY HOLDINGS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG3774X1088"/>
          <other otherDesc="Internal" value="B28XTR4"/>
        </identifiers>
        <balance>480000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>50889.25000000</valUSD>
        <pctVal>0.062833528834</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>ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED</name>
        <lei>335800QOAXP5TM7OYP69</lei>
        <title>ADANI PORTS SPECIAL ECONOMIC ZONE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE742F01042"/>
          <other otherDesc="Internal" value="B28XXH2"/>
        </identifiers>
        <balance>9960.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>189077.92000000</valUSD>
        <pctVal>0.233456632556</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sinotruk (Hong Kong) Limited</name>
        <lei>N/A</lei>
        <title>SINOTRUK HONG KONG LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK3808041546"/>
          <other otherDesc="Internal" value="B296ZH4"/>
        </identifiers>
        <balance>13500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>64183.15000000</valUSD>
        <pctVal>0.079247656552</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>China Railway Group Limited</name>
        <lei>N/A</lei>
        <title>CHINA RAILWAY GROUP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000007Z2"/>
          <other otherDesc="Internal" value="B297KM7"/>
        </identifiers>
        <balance>53000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>23709.29000000</valUSD>
        <pctVal>0.029274126792</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>BYD Electronic (International) Company Limited</name>
        <lei>N/A</lei>
        <title>BYD ELECTRONIC INTERNATIONAL CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0285041858"/>
          <other otherDesc="Internal" value="B29SHS5"/>
        </identifiers>
        <balance>14500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>53976.12000000</valUSD>
        <pctVal>0.066644921911</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="50253.62896500"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WANT WANT CHINA HOLDINGS LIMITED</name>
        <lei>5299005HZCEKX4O1J230</lei>
        <title>WANT WANT CHINA HOLDINGS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG9431R1039"/>
          <other otherDesc="Internal" value="B2Q14Z3"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>21232.89000000</valUSD>
        <pctVal>0.026216487884</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>CHINA PACIFIC INSURANCE (GROUP) CO., LTD.</name>
        <lei>529900BA5ILEL308WX03</lei>
        <title>CHINA PACIFIC INSURANCE GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000009Q7"/>
          <other otherDesc="Internal" value="B2Q5H56"/>
        </identifiers>
        <balance>48000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>192680.92000000</valUSD>
        <pctVal>0.237905297144</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>REC LIMITED</name>
        <lei>335800B4YRYWAMIJZ374</lei>
        <title>REC LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE020B01018"/>
          <other otherDesc="Internal" value="B2Q7WL3"/>
        </identifiers>
        <balance>19880.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>70634.81000000</valUSD>
        <pctVal>0.087213593654</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="non-U.S. government agency" issuerCat="OTHER"/>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BAJAJ AUTO LIMITED.</name>
        <lei>335800DLAO5NCNN8G863</lei>
        <title>BAJAJ AUTO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE917I01010"/>
          <other otherDesc="Internal" value="B2QKXW0"/>
        </identifiers>
        <balance>1200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>132061.31000000</valUSD>
        <pctVal>0.163057583474</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CRRC Corporation Limited</name>
        <lei>30030099HATQH2XC0B72</lei>
        <title>CRRC CORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000BG0"/>
          <other otherDesc="Internal" value="B2R2ZC9"/>
        </identifiers>
        <balance>80000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>53030.57000000</valUSD>
        <pctVal>0.065477440701</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>SINOPHARM GROUP CO. LTD.</name>
        <lei>N/A</lei>
        <title>SINOPHARM GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000FN7"/>
          <other otherDesc="Internal" value="B3ZVDV0"/>
        </identifiers>
        <balance>16000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>34515.32000000</valUSD>
        <pctVal>0.042616453464</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>OIL INDIA LIMITED</name>
        <lei>335800XXEP14XISP1A16</lei>
        <title>OIL INDIA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE274J01014"/>
          <other otherDesc="Internal" value="B409HQ9"/>
        </identifiers>
        <balance>8400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>42108.21000000</valUSD>
        <pctVal>0.051991480071</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MUTHOOT FINANCE LIMITED</name>
        <lei>335800HAMJMBFL4RRF02</lei>
        <title>MUTHOOT FINANCE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE414G01012"/>
          <other otherDesc="Internal" value="B40MFF3"/>
        </identifiers>
        <balance>2320.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>81714.04000000</valUSD>
        <pctVal>0.100893243436</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA HONGQIAO GROUP LIMITED</name>
        <lei>3003009Q4IBFSDE24571</lei>
        <title>CHINA HONGQIAO GROUP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG211501005"/>
          <other otherDesc="Internal" value="B44ZV94"/>
        </identifiers>
        <balance>52500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>188245.93000000</valUSD>
        <pctVal>0.232429365154</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>OBEROI REALTY LIMITED</name>
        <lei>335800TCKG1XQXN51L44</lei>
        <title>OBEROI REALTY LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE093I01010"/>
          <other otherDesc="Internal" value="B4MXNL6"/>
        </identifiers>
        <balance>2361.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>42413.11000000</valUSD>
        <pctVal>0.052367943527</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chongqing Rural Commercial Bank Co., Ltd.</name>
        <lei>300300C1126750000027</lei>
        <title>CHONGQING RURAL COMMERCIAL BANK CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000X44"/>
          <other otherDesc="Internal" value="B4Q1Y57"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>32461.82000000</valUSD>
        <pctVal>0.040080973938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA LONGYUAN POWER GROUP CORPORATION LIMITED</name>
        <lei>N/A</lei>
        <title>CHINA LONGYUAN POWER GROUP CORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000HD4"/>
          <other otherDesc="Internal" value="B4Q2TX3"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>34555.62000000</valUSD>
        <pctVal>0.042666212327</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>CHOW TAI FOOK JEWELLERY GROUP LIMITED</name>
        <lei>254900VXRL7SRSF44G79</lei>
        <title>CHOW TAI FOOK JEWELLERY GROUP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG211461085"/>
          <other otherDesc="Internal" value="B4R39F7"/>
        </identifiers>
        <balance>32000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>44850.52000000</valUSD>
        <pctVal>0.055377441044</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>PRESTIGE ESTATES PROJECTS LIMITED</name>
        <lei>335800HHEBP52VZLTU94</lei>
        <title>PRESTIGE ESTATES PROJECTS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE811K01011"/>
          <other otherDesc="Internal" value="B4T3LF9"/>
        </identifiers>
        <balance>3273.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>47156.03000000</valUSD>
        <pctVal>0.058224080149</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JSW ENERGY LIMITED</name>
        <lei>3358001ZFBW2VIMBMI85</lei>
        <title>JSW ENERGY LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE121E01018"/>
          <other otherDesc="Internal" value="B4X3ST8"/>
        </identifiers>
        <balance>8177.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>51187.41000000</valUSD>
        <pctVal>0.063201670337</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COAL INDIA LTD</name>
        <lei>335800NLJQZNHM9LBB31</lei>
        <title>COAL INDIA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE522F01014"/>
          <other otherDesc="Internal" value="B4Z9XF5"/>
        </identifiers>
        <balance>31713.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>152793.68000000</valUSD>
        <pctVal>0.188656073690</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>X5 Retail Group N.V.</name>
        <lei>213800J17UJJJDGUVF56</lei>
        <title>X5 RETAIL GROUP NV</title>
        <cusip>98387E205</cusip>
        <identifiers>
          <isin value="US98387E2054"/>
          <other otherDesc="Internal" value="B516L19"/>
        </identifiers>
        <balance>2622.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.00000000"/>
        <valUSD>0.37000000</valUSD>
        <pctVal>0.000000456843</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="GDR"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LONGFOR GROUP HOLDINGS LIMITED</name>
        <lei>254900UJX27B2F1JYR13</lei>
        <title>LONGFOR GROUP HOLDINGS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG5635P1090"/>
          <other otherDesc="Internal" value="B56KLY9"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>40008.20000000</valUSD>
        <pctVal>0.049398574125</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="38007.79000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Energisa S.A.</name>
        <lei>N/A</lei>
        <title>ENERGISA SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRENGICDAM16"/>
          <other otherDesc="Internal" value="B56XQT8"/>
        </identifiers>
        <balance>4805.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>45720.63000000</valUSD>
        <pctVal>0.056451775639</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <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>NEW CHINA LIFE INSURANCE COMPANY LTD.</name>
        <lei>N/A</lei>
        <title>NEW CHINA LIFE INSURANCE CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001922"/>
          <other otherDesc="Internal" value="B5730Z1"/>
        </identifiers>
        <balance>17300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>107129.55000000</valUSD>
        <pctVal>0.132274059235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA MINSHENG BANKING CORP., LTD.</name>
        <lei>549300HBUGSQD1VCXG94</lei>
        <title>CHINA MINSHENG BANKING CORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000HF9"/>
          <other otherDesc="Internal" value="B57JY24"/>
        </identifiers>
        <balance>80000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>34286.55000000</valUSD>
        <pctVal>0.042333988574</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>POLYUS PAO</name>
        <lei>549300FUXVT7TF6ZKV71</lei>
        <title>POLYUS PJSC</title>
        <cusip>X59432108</cusip>
        <identifiers>
          <isin value="RU000A0JNAA8"/>
          <other otherDesc="Internal" value="B57R0L9"/>
        </identifiers>
        <balance>10830.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.00000000"/>
        <valUSD>0.15000000</valUSD>
        <pctVal>0.000000185206</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MOBIL'NYE TELESISTEMY PAO</name>
        <lei>2534008FX8EXH1FMJA74</lei>
        <title>MOBILE TELESYSTEMS PJSC</title>
        <cusip>X5430T109</cusip>
        <identifiers>
          <isin value="RU0007775219"/>
          <other otherDesc="Internal" value="B59FPS3"/>
        </identifiers>
        <balance>16644.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.00000000"/>
        <valUSD>2.34000000</valUSD>
        <pctVal>0.000002889224</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEFTYANAYA KOMPANIYA ROSNEFT' PAO</name>
        <lei>253400JT3MQWNDKMJE44</lei>
        <title>ROSNEFT OIL CO PJSC</title>
        <cusip>X7394C106</cusip>
        <identifiers>
          <isin value="RU000A0J2Q06"/>
          <other otherDesc="Internal" value="B59SS16"/>
        </identifiers>
        <balance>37278.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.00000000"/>
        <valUSD>5.25000000</valUSD>
        <pctVal>0.000006482233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK VTB PAO</name>
        <lei>253400V1H6ART1UQ0N98</lei>
        <title>VTB BANK PJSC</title>
        <cusip>X9814J117</cusip>
        <identifiers>
          <isin value="RU000A0JP5V6"/>
          <other otherDesc="Internal" value="B5B1TP4"/>
        </identifiers>
        <balance>30668.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.00000000"/>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEVERSTAL' PAO</name>
        <lei>213800OKDPTV6K4ONO53</lei>
        <title>SEVERSTAL PAO</title>
        <cusip>X7803S106</cusip>
        <identifiers>
          <isin value="RU0009046510"/>
          <other otherDesc="Internal" value="B5B9C59"/>
        </identifiers>
        <balance>6669.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.00000000"/>
        <valUSD>0.94000000</valUSD>
        <pctVal>0.000001160628</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>L&amp;T Finance Limited</name>
        <lei>335800XGURT7JWGYNB41</lei>
        <title>L T FINANCE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE498L01015"/>
          <other otherDesc="Internal" value="B5KYHQ1"/>
        </identifiers>
        <balance>15642.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>47176.56000000</valUSD>
        <pctVal>0.058249428770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA GOLD INTERNATIONAL RESOURCES CORP. LTD.</name>
        <lei>N/A</lei>
        <title>CHINA GOLD INTERNATIONAL RESOURCES CORP LTD</title>
        <cusip>16890P103</cusip>
        <identifiers>
          <isin value="CA16890P1036"/>
          <other otherDesc="Internal" value="B60FNV8"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>77055.10000000</valUSD>
        <pctVal>0.095140797864</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AGRICULTURAL BANK OF CHINA LIMITED</name>
        <lei>549300E7TSGLCOVSY746</lei>
        <title>AGRICULTURAL BANK OF CHINA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000Q43"/>
          <other otherDesc="Internal" value="B60LZR6"/>
        </identifiers>
        <balance>490000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>360895.00000000</valUSD>
        <pctVal>0.445601111999</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>TATA MOTORS PASSENGER VEHICLES LIMITED</name>
        <lei>335800BO2LHWJJ8TZI32</lei>
        <title>TATA MOTORS PASSENGER VEHICLES LIMITED</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE155A01022"/>
          <other otherDesc="Internal" value="B611LV1"/>
        </identifiers>
        <balance>35584.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>147446.16000000</valUSD>
        <pctVal>0.182053430654</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Far East Horizon Limited</name>
        <lei>549300S9XRGO1ZPUHE62</lei>
        <title>FAR EAST HORIZON LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0000077468"/>
          <other otherDesc="Internal" value="B63DLB5"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>39273.72000000</valUSD>
        <pctVal>0.048491703416</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>AK ALROSA PAO</name>
        <lei>894500DKUWVBYZLLE651</lei>
        <title>ALROSA PJSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU0007252813"/>
          <other otherDesc="Internal" value="B6QPBP2"/>
        </identifiers>
        <balance>83790.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.00000000"/>
        <valUSD>11.80000000</valUSD>
        <pctVal>0.000014569592</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BHARAT HEAVY ELECTRICALS LIMITED</name>
        <lei>3358007X5FQ2R445Z747</lei>
        <title>BHARAT HEAVY ELECTRICALS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE257A01026"/>
          <other otherDesc="Internal" value="B6SNRV2"/>
        </identifiers>
        <balance>21950.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>96294.55000000</valUSD>
        <pctVal>0.118895962979</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CITIC Securities Company Limited</name>
        <lei>300300E1006744000068</lei>
        <title>CITIC SECURITIES CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000016V2"/>
          <other otherDesc="Internal" value="B6SPB49"/>
        </identifiers>
        <balance>29550.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>98460.78000000</valUSD>
        <pctVal>0.121570631503</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>TELEFONICA BRASIL S.A</name>
        <lei>529900MTGG2HSDBIWG79</lei>
        <title>TELEFONICA BRASIL SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRVIVTACNOR0"/>
          <other otherDesc="Internal" value="B6XFBX3"/>
        </identifiers>
        <balance>15468.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>103701.57000000</valUSD>
        <pctVal>0.128041493808</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>THE TATA POWER COMPANY LIMITED</name>
        <lei>335800H5R3TGTJ7LQ663</lei>
        <title>TATA POWER CO LTD THE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE245A01021"/>
          <other otherDesc="Internal" value="B6Z1L73"/>
        </identifiers>
        <balance>29680.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>131421.98000000</valUSD>
        <pctVal>0.162268195539</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Raia Drogasil S/A</name>
        <lei>N/A</lei>
        <title>RAIA DROGASIL SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRRADLACNOR0"/>
          <other otherDesc="Internal" value="B7FQV64"/>
        </identifiers>
        <balance>23746.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>87978.66000000</valUSD>
        <pctVal>0.108628240147</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>AAC TECHNOLOGIES HOLDINGS INC.</name>
        <lei>549300SKEDE1VKS0A552</lei>
        <title>AAC TECHNOLOGIES HOLDINGS INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG2953R1149"/>
          <other otherDesc="Internal" value="B85LKS1"/>
        </identifiers>
        <balance>14500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>84270.86000000</valUSD>
        <pctVal>0.104050177822</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Nonferrous Mining Corp Ltd</name>
        <lei>529900VMGR2N3QX9OV63</lei>
        <title>CHINA NONFERROUS MINING CORP LTD</title>
        <cusip>Y13982106</cusip>
        <identifiers>
          <isin value="HK0000112026"/>
          <other otherDesc="Internal" value="B890GY2"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>69423.50000000</valUSD>
        <pctVal>0.085717975585</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>The People's Insurance Company (Group) of China Limited</name>
        <lei>N/A</lei>
        <title>PEOPLE S INSURANCE CO GROUP OF CHINA LTD THE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001MK7"/>
          <other otherDesc="Internal" value="B8RZJZ1"/>
        </identifiers>
        <balance>160000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>105745.10000000</valUSD>
        <pctVal>0.130564663263</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Galaxy Securities Co., Ltd.</name>
        <lei>3003008KFQXO06OK8582</lei>
        <title>CHINA GALAXY SECURITIES CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001NT6"/>
          <other otherDesc="Internal" value="B92NYF2"/>
        </identifiers>
        <balance>60000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>59428.12000000</valUSD>
        <pctVal>0.073376567577</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>INDUS TOWERS LIMITED</name>
        <lei>335800L6DI4VHODGDK41</lei>
        <title>BHARTI INFRATEL LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE121J01017"/>
          <other otherDesc="Internal" value="B92P9G4"/>
        </identifiers>
        <balance>24468.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>113884.32000000</valUSD>
        <pctVal>0.140614249660</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PI INDUSTRIES LIMITED</name>
        <lei>335800PEGP94E4CC1D11</lei>
        <title>PI INDUSTRIES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE603J01030"/>
          <other otherDesc="Internal" value="B992PT3"/>
        </identifiers>
        <balance>1400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>40894.74000000</valUSD>
        <pctVal>0.050493195026</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>MOSKOVSKAYA BIRZHA MMVB-RTS PAO</name>
        <lei>N/A</lei>
        <title>MOSCOW EXCHANGE MICEX RTS PJSC</title>
        <cusip>X6983N101</cusip>
        <identifiers>
          <isin value="RU000A0JR4A1"/>
          <other otherDesc="Internal" value="B9GFHQ6"/>
        </identifiers>
        <balance>41040.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.00000000"/>
        <valUSD>5.78000000</valUSD>
        <pctVal>0.000007136630</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BB Seguridade Participacoes S.A.</name>
        <lei>N/A</lei>
        <title>BB SEGURIDADE PARTICIPACOES SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRBBSEACNOR5"/>
          <other otherDesc="Internal" value="B9N3SQ0"/>
        </identifiers>
        <balance>10045.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>70490.53000000</valUSD>
        <pctVal>0.087035449516</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>ASIAN PAINTS LIMITED</name>
        <lei>335800HEHXGYRUNERD75</lei>
        <title>ASIAN PAINTS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE021A01026"/>
          <other otherDesc="Internal" value="BCRWL65"/>
        </identifiers>
        <balance>6589.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>185374.93000000</valUSD>
        <pctVal>0.228884509191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENGIE Brasil Energia S.A.</name>
        <lei>N/A</lei>
        <title>ENGIE BRASIL ENERGIA SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BREGIEACNOR9"/>
          <other otherDesc="Internal" value="BD1WX84"/>
        </identifiers>
        <balance>5040.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>33070.15000000</valUSD>
        <pctVal>0.040832085825</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>BSE Limited</name>
        <lei>335800UOTLCPTZQVDA19</lei>
        <title>BSE LTD</title>
        <cusip>Y0R9BJ101</cusip>
        <identifiers>
          <isin value="INE118H01025"/>
          <other otherDesc="Internal" value="BD3DWQ6"/>
        </identifiers>
        <balance>2331.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>101683.27000000</valUSD>
        <pctVal>0.125549476118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TUBE INVESTMENTS OF INDIA LIMITED</name>
        <lei>335800Z8CKZ11SGVKE64</lei>
        <title>TUBE INVESTMENTS OF INDIA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE974X01010"/>
          <other otherDesc="Internal" value="BD3R8D7"/>
        </identifiers>
        <balance>1920.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>63458.49000000</valUSD>
        <pctVal>0.078352910707</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUOTAI HAITONG SECURITIES CO., LTD.</name>
        <lei>300300E1005431000017</lei>
        <title>GUOTAI JUNAN SECURITIES CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002FK9"/>
          <other otherDesc="Internal" value="BD4GT29"/>
        </identifiers>
        <balance>36328.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>60632.40000000</valUSD>
        <pctVal>0.074863505626</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>EVE Energy Co., Ltd.</name>
        <lei>N/A</lei>
        <title>EVE ENERGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000GS4"/>
          <other otherDesc="Internal" value="BD5C7G6"/>
        </identifiers>
        <balance>4200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>39545.88000000</valUSD>
        <pctVal>0.048827742426</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>Wus Printed Circuit Kunshan Co Ltd</name>
        <lei>N/A</lei>
        <title>WUS PRINTED CIRCUIT KUNSHAN CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000SP5"/>
          <other otherDesc="Internal" value="BD5C7Z5"/>
        </identifiers>
        <balance>3160.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>61637.67000000</valUSD>
        <pctVal>0.076104723792</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>Tianshui Huatian Technology Co., Ltd.</name>
        <lei>N/A</lei>
        <title>TIANSHUI HUATIAN TECHNOLOGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000825"/>
          <other otherDesc="Internal" value="BD5C9M6"/>
        </identifiers>
        <balance>10500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>30021.33000000</valUSD>
        <pctVal>0.037067673510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yunnan Aluminium Co., Ltd.</name>
        <lei>N/A</lei>
        <title>YUNNAN ALUMINIUM CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000VG9"/>
          <other otherDesc="Internal" value="BD5CB75"/>
        </identifiers>
        <balance>4175.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>17614.18000000</valUSD>
        <pctVal>0.021748425982</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>Unisplendour Corporation Limited</name>
        <lei>N/A</lei>
        <title>UNISPLENDOUR CORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000010T1"/>
          <other otherDesc="Internal" value="BD5CBG4"/>
        </identifiers>
        <balance>6980.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>29652.38000000</valUSD>
        <pctVal>0.036612126799</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>SUNWODA ELECTRONIC CO., LTD</name>
        <lei>N/A</lei>
        <title>SUNWODA ELECTRONIC CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001260"/>
          <other otherDesc="Internal" value="BD5CCV6"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>13502.80000000</valUSD>
        <pctVal>0.016672058895</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>CHANGCHUN HIGH-TECH INDUSTRY (GROUP) CO., LTD.</name>
        <lei>N/A</lei>
        <title>CHANGCHUN HIGH TECH INDUSTRY GROUP CO LTD</title>
        <cusip>Y1293Q109</cusip>
        <identifiers>
          <isin value="CNE0000007J8"/>
          <other otherDesc="Internal" value="BD5CDB3"/>
        </identifiers>
        <balance>710.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>7721.10000000</valUSD>
        <pctVal>0.009533328934</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>Mango Excellent Media Co Ltd</name>
        <lei>N/A</lei>
        <title>MANGO EXCELLENT MEDIA CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001Y83"/>
          <other otherDesc="Internal" value="BD5CDT1"/>
        </identifiers>
        <balance>3200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>8241.61000000</valUSD>
        <pctVal>0.010176008480</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Suzhou Dongshan Precision Manufacturing Co., Ltd</name>
        <lei>N/A</lei>
        <title>SUZHOU DONGSHAN PRECISION MANUFACTURING CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000N79"/>
          <other otherDesc="Internal" value="BD5CF28"/>
        </identifiers>
        <balance>2100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>66088.87000000</valUSD>
        <pctVal>0.081600670451</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>Shanjin International Gold Co.,Ltd.</name>
        <lei>655600QGA2EHH1HUDW82</lei>
        <title>YINTAI GOLD CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000012L4"/>
          <other otherDesc="Internal" value="BD5CF40"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>13373.31000000</valUSD>
        <pctVal>0.016512176137</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>GEM Co., Ltd.</name>
        <lei>N/A</lei>
        <title>GEM CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000KT4"/>
          <other otherDesc="Internal" value="BD5CFW8"/>
        </identifiers>
        <balance>4299.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>4958.80000000</valUSD>
        <pctVal>0.006122686083</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG CENTURY HUATONG GROUP CO., LTD</name>
        <lei>N/A</lei>
        <title>ZHEJIANG CENTURY HUATONG GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000015R2"/>
          <other otherDesc="Internal" value="BD5CG58"/>
        </identifiers>
        <balance>12100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>26076.89000000</valUSD>
        <pctVal>0.032197429117</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INNER MONGOLIA DIAN TOU ENERGY CORPORATION LIMITED</name>
        <lei>N/A</lei>
        <title>INNER MONGOLIA DIAN TOU ENERGY CORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000098"/>
          <other otherDesc="Internal" value="BD5CG92"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>18318.53000000</valUSD>
        <pctVal>0.022618094842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sungrow Power Supply Co., Ltd.</name>
        <lei>30030052IWC7RGVFG505</lei>
        <title>SUNGROW POWER SUPPLY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000018M7"/>
          <other otherDesc="Internal" value="BD5CGB4"/>
        </identifiers>
        <balance>2450.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>64485.52000000</valUSD>
        <pctVal>0.079620996189</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>Wuhan Guide Infrared Co., Ltd.</name>
        <lei>N/A</lei>
        <title>WUHAN GUIDE INFRARED CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000RK8"/>
          <other otherDesc="Internal" value="BD5CGD6"/>
        </identifiers>
        <balance>12624.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>24015.85000000</valUSD>
        <pctVal>0.029652639869</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG NHU COMPANY LTD.</name>
        <lei>N/A</lei>
        <title>ZHEJIANG NHU CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001J84"/>
          <other otherDesc="Internal" value="BD5CH66"/>
        </identifiers>
        <balance>4043.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>17541.63000000</valUSD>
        <pctVal>0.021658847682</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing New Building Materials Public Limited Company</name>
        <lei>N/A</lei>
        <title>BEIJING NEW BUILDING MATERIALS PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000QS4"/>
          <other otherDesc="Internal" value="BD5CJ26"/>
        </identifiers>
        <balance>3100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>10493.25000000</valUSD>
        <pctVal>0.012956133691</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Wanfeng Auto Wheel Co., Ltd.</name>
        <lei>N/A</lei>
        <title>ZHEJIANG WANFENG AUTO WHEEL CO LTD</title>
        <cusip>Y9892K100</cusip>
        <identifiers>
          <isin value="CNE000001PF1"/>
          <other otherDesc="Internal" value="BD5CJN7"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>7013.12000000</valUSD>
        <pctVal>0.008659178072</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>MUYUAN FOODS GROUP CO.,LTD.</name>
        <lei>3003006NCTDQW4KZR676</lei>
        <title>MUYUAN FOODS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001RQ3"/>
          <other otherDesc="Internal" value="BD5CJX7"/>
        </identifiers>
        <balance>8078.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>45405.25000000</valUSD>
        <pctVal>0.056062372409</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>Chongqing Zhifei Biological Products Co., Ltd.</name>
        <lei>N/A</lei>
        <title>CHONGQING ZHIFEI BIOLOGICAL PRODUCTS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000V20"/>
          <other otherDesc="Internal" value="BD5CJY8"/>
        </identifiers>
        <balance>4050.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>8134.59000000</valUSD>
        <pctVal>0.010043869684</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>Shanxi Coking Coal Energy Group Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SHANXI XISHAN COAL ELECTRICITY POWER CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000013Y5"/>
          <other otherDesc="Internal" value="BD5CKB2"/>
        </identifiers>
        <balance>3500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>3512.78000000</valUSD>
        <pctVal>0.004337268940</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tianqi Lithium Corporation</name>
        <lei>300300IZ1J0MQ8YVEG66</lei>
        <title>TIANQI LITHIUM CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000T32"/>
          <other otherDesc="Internal" value="BD5CKH8"/>
        </identifiers>
        <balance>3600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>33555.59000000</valUSD>
        <pctVal>0.041431464048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA GREATWALL TECHNOLOGY GROUP CO., LTD.</name>
        <lei>N/A</lei>
        <title>CHINA GREATWALL TECHNOLOGY GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000RL7"/>
          <other otherDesc="Internal" value="BD5CKJ0"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>10500.15000000</valUSD>
        <pctVal>0.012964653198</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>RONGSHENG PETROCHEMICAL CO., LTD.</name>
        <lei>N/A</lei>
        <title>RONGSHENG PETRO CHEMICAL CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000W60"/>
          <other otherDesc="Internal" value="BD5CL20"/>
        </identifiers>
        <balance>9450.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>15736.28000000</valUSD>
        <pctVal>0.019429761749</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Resources Sanjiu Medical &amp; Pharmaceutical Co., Ltd.</name>
        <lei>N/A</lei>
        <title>CHINA RESOURCES SANJIU MEDICAL PHARMACEUTICAL CO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000011K8"/>
          <other otherDesc="Internal" value="BD5CL42"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>14456.12000000</valUSD>
        <pctVal>0.017849133812</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Unigroup Guoxin Microelectronics Co., Ltd.</name>
        <lei>N/A</lei>
        <title>UNIGROUP GUOXIN MICROELECTRONICS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001M14"/>
          <other otherDesc="Internal" value="BD5CL75"/>
        </identifiers>
        <balance>1100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>12889.37000000</valUSD>
        <pctVal>0.015914649981</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>IEIT SYSTEMS Co., Ltd,</name>
        <lei>N/A</lei>
        <title>INSPUR ELECTRONIC INFORMATION INDUSTRY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000012M2"/>
          <other otherDesc="Internal" value="BD5CLB9"/>
        </identifiers>
        <balance>1983.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>18926.21000000</valUSD>
        <pctVal>0.023368404167</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>OFILM Group Co., Ltd.</name>
        <lei>N/A</lei>
        <title>OFILM GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000S33"/>
          <other otherDesc="Internal" value="BD5CLK8"/>
        </identifiers>
        <balance>4200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>5565.10000000</valUSD>
        <pctVal>0.006871291506</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>Aier Eye Hospital Group Co., Ltd.</name>
        <lei>N/A</lei>
        <title>AIER EYE HOSPITAL GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000GR6"/>
          <other otherDesc="Internal" value="BD5CLQ4"/>
        </identifiers>
        <balance>12012.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>16195.63000000</valUSD>
        <pctVal>0.019996926356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XCMG Construction Machinery Co., Ltd.</name>
        <lei>N/A</lei>
        <title>XCMG CONSTRUCTION MACHINERY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000FH0"/>
          <other otherDesc="Internal" value="BD5CM27"/>
        </identifiers>
        <balance>14600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>21041.93000000</valUSD>
        <pctVal>0.025980707426</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>HUADONG MEDICINE CO., LTD</name>
        <lei>N/A</lei>
        <title>HUADONG MEDICINE CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000011S1"/>
          <other otherDesc="Internal" value="BD5CM94"/>
        </identifiers>
        <balance>2900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>12438.52000000</valUSD>
        <pctVal>0.015357980419</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>Tongling Nonferrous Metals Group Co., Ltd.</name>
        <lei>N/A</lei>
        <title>TONGLING NONFERROUS METALS GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000529"/>
          <other otherDesc="Internal" value="BD5CMD8"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>20458.59000000</valUSD>
        <pctVal>0.025260450973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Luzhou Laojiao Co.,Ltd</name>
        <lei>N/A</lei>
        <title>LUZHOU LAOJIAO CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000GF2"/>
          <other otherDesc="Internal" value="BD5CMM7"/>
        </identifiers>
        <balance>1600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>21531.05000000</valUSD>
        <pctVal>0.026584629386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen Inovance Technology Co., Ltd</name>
        <lei>836800KA53998FUTIA85</lei>
        <title>SHENZHEN INOVANCE TECHNOLOGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000V46"/>
          <other otherDesc="Internal" value="BD5CMN8"/>
        </identifiers>
        <balance>1497.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>16381.30000000</valUSD>
        <pctVal>0.020226175192</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>TCL Zhonghuan Renewable Energy Technology Co.,Ltd.</name>
        <lei>N/A</lei>
        <title>TIANJIN ZHONGHUAN SEMICONDUCTOR CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000000B8"/>
          <other otherDesc="Internal" value="BD5CMT4"/>
        </identifiers>
        <balance>10150.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>14630.46000000</valUSD>
        <pctVal>0.018064393369</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hithink RoyalFlush Information Network Co., Ltd.</name>
        <lei>N/A</lei>
        <title>HITHINK ROYALFLUSH INFORMATION NETWORK CO LTD</title>
        <cusip>Y3181P102</cusip>
        <identifiers>
          <isin value="CNE100000JG3"/>
          <other otherDesc="Internal" value="BD5CN46"/>
        </identifiers>
        <balance>840.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>28285.53000000</valUSD>
        <pctVal>0.034924461745</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing Enlight Media Co., Ltd.</name>
        <lei>N/A</lei>
        <title>BEIJING ENLIGHT MEDIA CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001617"/>
          <other otherDesc="Internal" value="BD5CN79"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>7518.63000000</valUSD>
        <pctVal>0.009283336950</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>Luxshare Precision Industry Co., Ltd.</name>
        <lei>N/A</lei>
        <title>LUXSHARE PRECISION INDUSTRY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000TP3"/>
          <other otherDesc="Internal" value="BD5CN80"/>
        </identifiers>
        <balance>8502.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>92178.66000000</valUSD>
        <pctVal>0.113814027344</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>QINGHAI YANHU INDUSTRY CO., LTD</name>
        <lei>N/A</lei>
        <title>QINGHAI SALT LAKE INDUSTRY CO LTD</title>
        <cusip>Y7170U105</cusip>
        <identifiers>
          <isin value="CNE000000SW2"/>
          <other otherDesc="Internal" value="BD5CNB3"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>36421.04000000</valUSD>
        <pctVal>0.044969467363</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Focus Media Information Technology Co., Ltd.</name>
        <lei>N/A</lei>
        <title>FOCUS MEDIA INFORMATION TECHNOLOGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001KK2"/>
          <other otherDesc="Internal" value="BD5CND5"/>
        </identifiers>
        <balance>17939.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>14795.96000000</valUSD>
        <pctVal>0.018268738079</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG DAHUA TECHNOLOGY CO., LTD.</name>
        <lei>N/A</lei>
        <title>ZHEJIANG DAHUA TECHNOLOGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000BJ4"/>
          <other otherDesc="Internal" value="BD5CNJ1"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>9877.08000000</valUSD>
        <pctVal>0.012195341668</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>iFLYTEK CO.,LTD</name>
        <lei>N/A</lei>
        <title>IFLYTEK CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000B81"/>
          <other otherDesc="Internal" value="BD5CNN5"/>
        </identifiers>
        <balance>3129.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>22153.92000000</valUSD>
        <pctVal>0.027353693975</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>Goertek Inc.</name>
        <lei>N/A</lei>
        <title>GOERTEK INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000BP1"/>
          <other otherDesc="Internal" value="BD5CNT1"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>15877.28000000</valUSD>
        <pctVal>0.019603856034</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>GUOYUAN SECURITIES COMPANY LIMITED</name>
        <lei>N/A</lei>
        <title>GUOYUAN SECURITIES CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000QZ9"/>
          <other otherDesc="Internal" value="BD5CNY6"/>
        </identifiers>
        <balance>8020.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>8459.15000000</valUSD>
        <pctVal>0.010444607563</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Ningbo Co., Ltd.</name>
        <lei>300300C1092133000091</lei>
        <title>BANK OF NINGBO CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000005P7"/>
          <other otherDesc="Internal" value="BD5CP06"/>
        </identifiers>
        <balance>8010.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>36738.99000000</valUSD>
        <pctVal>0.045362043801</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lens Technology Co.,Ltd.</name>
        <lei>N/A</lei>
        <title>LENS TECHNOLOGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001YW7"/>
          <other otherDesc="Internal" value="BD5CP17"/>
        </identifiers>
        <balance>8800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>52669.63000000</valUSD>
        <pctVal>0.065031784027</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>TCL Technology Group Corporation</name>
        <lei>N/A</lei>
        <title>TCL TECHNOLOGY GROUP CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001GL8"/>
          <other otherDesc="Internal" value="BD5CP28"/>
        </identifiers>
        <balance>30250.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>19151.29000000</valUSD>
        <pctVal>0.023646312972</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>Changjiang Securities Company Limited</name>
        <lei>300300E1003242000047</lei>
        <title>CHANGJIANG SECURITIES CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000SH3"/>
          <other otherDesc="Internal" value="BD5CP40"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>9615.81000000</valUSD>
        <pctVal>0.011872748663</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>Chongqing Changan Automobile Company Limited</name>
        <lei>N/A</lei>
        <title>CHONGQING CHANGAN AUTOMOBILE CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000R36"/>
          <other otherDesc="Internal" value="BD5CP62"/>
        </identifiers>
        <balance>6752.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>7904.43000000</valUSD>
        <pctVal>0.009759688545</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WESTERN SECURITIES CO., LTD.</name>
        <lei>300300E1010661000039</lei>
        <title>WESTERN SECURITIES CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001D96"/>
          <other otherDesc="Internal" value="BD5CP73"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>7797.69000000</valUSD>
        <pctVal>0.009627895468</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>Henan Shuanghui Investment &amp; Development Co., Ltd.</name>
        <lei>N/A</lei>
        <title>HENAN SHUANGHUI INVESTMENT DEVELOPMENT CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000XM3"/>
          <other otherDesc="Internal" value="BD5CP84"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>14792.01000000</valUSD>
        <pctVal>0.018263860969</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YUNNAN BAIYAO GROUP CO., LTD</name>
        <lei>N/A</lei>
        <title>YUNNAN BAIYAO GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000008X7"/>
          <other otherDesc="Internal" value="BD5CP95"/>
        </identifiers>
        <balance>4008.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>29584.07000000</valUSD>
        <pctVal>0.036527783675</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>East Money Information Co., Ltd.</name>
        <lei>836800ZFB0ZEK3KKW487</lei>
        <title>EAST MONEY INFORMATION CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000MD4"/>
          <other otherDesc="Internal" value="BD5CPC8"/>
        </identifiers>
        <balance>20088.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>56937.00000000</valUSD>
        <pctVal>0.070300753720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JIANGSU YANGHE DISTILLERY CO., LTD.</name>
        <lei>N/A</lei>
        <title>JIANGSU YANGHE BREWERY JOINT STOCK CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000HB8"/>
          <other otherDesc="Internal" value="BD5CPF1"/>
        </identifiers>
        <balance>1900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>12747.55000000</valUSD>
        <pctVal>0.015739543233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wuliangye Yibin Co., Ltd.</name>
        <lei>N/A</lei>
        <title>WULIANGYE YIBIN CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000VQ8"/>
          <other otherDesc="Internal" value="BD5CPG2"/>
        </identifiers>
        <balance>4300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>53951.24000000</valUSD>
        <pctVal>0.066614202296</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>Shanghai RAAS Blood Products Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SHANGHAI RAAS BLOOD PRODUCTS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000C31"/>
          <other otherDesc="Internal" value="BD5CPJ5"/>
        </identifiers>
        <balance>4400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>3453.78000000</valUSD>
        <pctVal>0.004264420977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BOE Technology Group Co., Ltd.</name>
        <lei>N/A</lei>
        <title>BOE TECHNOLOGY GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000016L5"/>
          <other otherDesc="Internal" value="BD5CPL7"/>
        </identifiers>
        <balance>35300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>26669.77000000</valUSD>
        <pctVal>0.032929464716</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA MERCHANTS SHEKOU INDUSTRIAL ZONE HOLDINGS CO., LTD.</name>
        <lei>N/A</lei>
        <title>CHINA MERCHANTS SHEKOU INDUSTRIAL ZONE HOLDINGS CO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002FC6"/>
          <other otherDesc="Internal" value="BD5CPM8"/>
        </identifiers>
        <balance>9181.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>11972.38000000</valUSD>
        <pctVal>0.014782432123</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gree Electric Appliances, Inc. of Zhuhai</name>
        <lei>655600UY069MU9JRAN62</lei>
        <title>GREE ELECTRIC APPLIANCES INC OF ZHUHAI</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000001D4"/>
          <other otherDesc="Internal" value="BD5CPN9"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>23156.32000000</valUSD>
        <pctVal>0.028591368519</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>Midea Group Co., Ltd.</name>
        <lei>3003003TRPHLHZD2IF61</lei>
        <title>MIDEA GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001QQ5"/>
          <other otherDesc="Internal" value="BD5CPP1"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>47802.76000000</valUSD>
        <pctVal>0.059022604947</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUOSEN SECURITIES CO., LTD.</name>
        <lei>254900SSGIWSMEOHDN82</lei>
        <title>GUOSEN SECURITIES CO LTD</title>
        <cusip>Y295A2103</cusip>
        <identifiers>
          <isin value="CNE100001WS9"/>
          <other otherDesc="Internal" value="BD5CPR3"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>11975.55000000</valUSD>
        <pctVal>0.014786346158</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>Ping An Bank Co., Ltd.</name>
        <lei>549300W9MKNIVWXFM679</lei>
        <title>PING AN BANK CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000040"/>
          <other otherDesc="Internal" value="BD5CPS4"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>32321.02000000</valUSD>
        <pctVal>0.039907126596</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>WENS FOODSTUFF GROUP CO., LTD.</name>
        <lei>N/A</lei>
        <title>WENS FOODSTUFFS GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002508"/>
          <other otherDesc="Internal" value="BD5CPT5"/>
        </identifiers>
        <balance>5840.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>11808.13000000</valUSD>
        <pctVal>0.014579630802</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>Shenwan Hongyuan Group Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SHENWAN HONGYUAN GROUP CO LTD</title>
        <cusip>Y774B4102</cusip>
        <identifiers>
          <isin value="CNE100002FD4"/>
          <other otherDesc="Internal" value="BD5CPV7"/>
        </identifiers>
        <balance>30094.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>19622.42000000</valUSD>
        <pctVal>0.024228022477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA VANKE CO., LTD.</name>
        <lei>N/A</lei>
        <title>CHINA VANKE CO LTD</title>
        <cusip>Y77421116</cusip>
        <identifiers>
          <isin value="CNE0000000T2"/>
          <other otherDesc="Internal" value="BD5CPW8"/>
        </identifiers>
        <balance>6738.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>3535.52000000</valUSD>
        <pctVal>0.004365346273</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZTE Corporation</name>
        <lei>3003004FBGVVG1CW5U45</lei>
        <title>ZTE CORP</title>
        <cusip>Y0004F121</cusip>
        <identifiers>
          <isin value="CNE000000TK5"/>
          <other otherDesc="Internal" value="BD5CPY0"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>21686.06000000</valUSD>
        <pctVal>0.026776021975</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>Zoomlion Heavy Industry Science And Technology Co., Ltd</name>
        <lei>529900QZ3EMAU0QKFK85</lei>
        <title>ZOOMLION HEAVY INDUSTRY SCIENCE AND TECHNOLOGY CO</title>
        <cusip>Y1293Y102</cusip>
        <identifiers>
          <isin value="CNE000001527"/>
          <other otherDesc="Internal" value="BD5CPZ1"/>
        </identifiers>
        <balance>11100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>11834.47000000</valUSD>
        <pctVal>0.014612153096</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>Weichai Power Co., Ltd.</name>
        <lei>N/A</lei>
        <title>WEICHAI POWER CO LTD</title>
        <cusip>Y9531A117</cusip>
        <identifiers>
          <isin value="CNE1000000D4"/>
          <other otherDesc="Internal" value="BD5CQ03"/>
        </identifiers>
        <balance>7500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>39199.02000000</valUSD>
        <pctVal>0.048399470486</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GF Securities Co., Ltd.</name>
        <lei>3003007E0Y3ZJ5HNA936</lei>
        <title>GF SECURITIES CO LTD</title>
        <cusip>Y270AF107</cusip>
        <identifiers>
          <isin value="CNE0000008L2"/>
          <other otherDesc="Internal" value="BD5CQ36"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>22355.10000000</valUSD>
        <pctVal>0.027602093181</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>GOLDWIND SCIENCE&amp;TECHNOLOGY CO., LTD.</name>
        <lei>N/A</lei>
        <title>GOLDWIND SCIENCE TECHNOLOGY CO LTD</title>
        <cusip>Y97237104</cusip>
        <identifiers>
          <isin value="CNE1000008S5"/>
          <other otherDesc="Internal" value="BD5CQ58"/>
        </identifiers>
        <balance>5453.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>18881.16000000</valUSD>
        <pctVal>0.023312780425</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>BYD COMPANY LIMITED</name>
        <lei>N/A</lei>
        <title>BYD CO LTD</title>
        <cusip>Y1023R120</cusip>
        <identifiers>
          <isin value="CNE100001526"/>
          <other otherDesc="Internal" value="BD5CQ69"/>
        </identifiers>
        <balance>6100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>86698.76000000</valUSD>
        <pctVal>0.107047933235</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>CCOOP GROUP CO., LTD</name>
        <lei>N/A</lei>
        <title>CCOOP GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000003W0"/>
          <other otherDesc="Internal" value="BD5CQP8"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>5136.74000000</valUSD>
        <pctVal>0.006342390601</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>LINGYI iTECH (GUANGDONG) COMPANY</name>
        <lei>N/A</lei>
        <title>LINGYI ITECH GUANGDONG CO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000015L5"/>
          <other otherDesc="Internal" value="BD5LQY4"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>25813.41000000</valUSD>
        <pctVal>0.031872107401</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>Guangzhou Tinci Materials Technology Co., Ltd</name>
        <lei>N/A</lei>
        <title>GUANGZHOU TINCI MATERIALS TECHNOLOGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001RG4"/>
          <other otherDesc="Internal" value="BD5LR63"/>
        </identifiers>
        <balance>3000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>23072.15000000</valUSD>
        <pctVal>0.028487442874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiangsu Eastern Shenghong Co., Ltd.</name>
        <lei>N/A</lei>
        <title>JIANGSU EASTERN SHENGHONG CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000012K6"/>
          <other otherDesc="Internal" value="BD5LSB5"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>14244.77000000</valUSD>
        <pctVal>0.017588177592</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>INNER MONGOLIA XINGYE SILVER&amp;TIN MINING CO.,LTD</name>
        <lei>N/A</lei>
        <title>INNER MONGOLIA XINGYE SILVER TIN MINING CO LTD</title>
        <cusip>Y13689107</cusip>
        <identifiers>
          <isin value="CNE000000D24"/>
          <other otherDesc="Internal" value="BD5LTX4"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>23666.14000000</valUSD>
        <pctVal>0.029220849002</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>Sinoma Science &amp; Technology Co., Ltd</name>
        <lei>N/A</lei>
        <title>SINOMA SCIENCE TECHNOLOGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001P78"/>
          <other otherDesc="Internal" value="BD5LVM7"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>42065.17000000</valUSD>
        <pctVal>0.051938338099</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>NAURA Technology Group Co., Ltd.</name>
        <lei>N/A</lei>
        <title>NAURA TECHNOLOGY GROUP CO LTD</title>
        <cusip>Y0772M100</cusip>
        <identifiers>
          <isin value="CNE100000ML7"/>
          <other otherDesc="Internal" value="BD5LYF1"/>
        </identifiers>
        <balance>810.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>75474.47000000</valUSD>
        <pctVal>0.093189176241</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>TongFu Microelectronics Co., Ltd.</name>
        <lei>N/A</lei>
        <title>TONGFU MICROELECTRONICS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000006C3"/>
          <other otherDesc="Internal" value="BD5M001"/>
        </identifiers>
        <balance>2800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>27384.56000000</valUSD>
        <pctVal>0.033812023961</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Tungsten and Hightech Materials Co., Ltd.</name>
        <lei>300300F6U0BRZBO9OS65</lei>
        <title>CHINA TUNGSTEN AND HIGHTECH MATERIALS CO LTD</title>
        <cusip>Y2982R101</cusip>
        <identifiers>
          <isin value="CNE0000006M4"/>
          <other otherDesc="Internal" value="BD5M023"/>
        </identifiers>
        <balance>2600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>26159.80000000</valUSD>
        <pctVal>0.032299799026</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>Huafon Chemical Co., Ltd.</name>
        <lei>N/A</lei>
        <title>HUAFON CHEMICAL CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001NK6"/>
          <other otherDesc="Internal" value="BD5M089"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>11951.62000000</valUSD>
        <pctVal>0.014756799518</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>ANHUI GUJING DISTILLERY COMPANY LIMITED</name>
        <lei>N/A</lei>
        <title>ANHUI GUJING DISTILLERY CO LTD</title>
        <cusip>Y0137M118</cusip>
        <identifiers>
          <isin value="CNE000000MD5"/>
          <other otherDesc="Internal" value="BD5M1G4"/>
        </identifiers>
        <balance>600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>8250.63000000</valUSD>
        <pctVal>0.010187145576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Jingsheng Mechanical &amp; Electrical Co Ltd</name>
        <lei>N/A</lei>
        <title>ZHEJIANG JINGSHENG MECHANICAL ELECTRICAL CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001DJ8"/>
          <other otherDesc="Internal" value="BD5M1Y2"/>
        </identifiers>
        <balance>2300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>17296.17000000</valUSD>
        <pctVal>0.021355775461</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>LTM Limited</name>
        <lei>335800DY1I1WFHVV6T22</lei>
        <title>LTM LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE214T01019"/>
          <other otherDesc="Internal" value="BD6F8V6"/>
        </identifiers>
        <balance>1386.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>59410.61000000</valUSD>
        <pctVal>0.073354947784</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CNPC Capital Company Limited</name>
        <lei>N/A</lei>
        <title>CNPC CAPITAL CO LTD</title>
        <cusip>Y4444L102</cusip>
        <identifiers>
          <isin value="CNE000000MS3"/>
          <other otherDesc="Internal" value="BD6QTV6"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>13835.31000000</valUSD>
        <pctVal>0.017082612729</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Giant Network Group Co Ltd</name>
        <lei>N/A</lei>
        <title>GIANT NETWORK GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000010R3"/>
          <other otherDesc="Internal" value="BD6QVW1"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>15408.04000000</valUSD>
        <pctVal>0.019024480133</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HENAN SHENHUO COAL &amp; POWER CO.,LTD</name>
        <lei>N/A</lei>
        <title>HENAN SHENHUO COAL POWER CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001097"/>
          <other otherDesc="Internal" value="BD6QWQ2"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>17205.48000000</valUSD>
        <pctVal>0.021243799499</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>S.F. Holding Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SF HOLDING CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000L63"/>
          <other otherDesc="Internal" value="BD73M39"/>
        </identifiers>
        <balance>5400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>27898.02000000</valUSD>
        <pctVal>0.034445998793</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>Victory Giant Technology (HuiZhou) Co Ltd</name>
        <lei>836800LBU3EF5U7ECE87</lei>
        <title>VICTORY GIANT TECHNOLOGY HUIZHOU CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000020V4"/>
          <other otherDesc="Internal" value="BD76164"/>
        </identifiers>
        <balance>1000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>54365.32000000</valUSD>
        <pctVal>0.067125471525</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>Eoptolink Technology Inc Ltd</name>
        <lei>N/A</lei>
        <title>EOPTOLINK TECHNOLOGY INC LTD</title>
        <cusip>Y2303H105</cusip>
        <identifiers>
          <isin value="CNE100002615"/>
          <other otherDesc="Internal" value="BD761B9"/>
        </identifiers>
        <balance>1200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>124552.23000000</valUSD>
        <pctVal>0.153786038016</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>Postal Savings Bank of China Co., Ltd.</name>
        <lei>300300C1040311005298</lei>
        <title>POSTAL SAVINGS BANK OF CHINA CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000029W3"/>
          <other otherDesc="Internal" value="BD8GL18"/>
        </identifiers>
        <balance>160000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>102443.49000000</valUSD>
        <pctVal>0.126488128295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Shanghai Co., Ltd.</name>
        <lei>300300C1091231000098</lei>
        <title>BANK OF SHANGHAI CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002FM5"/>
          <other otherDesc="Internal" value="BD8P9J9"/>
        </identifiers>
        <balance>15590.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>20808.79000000</valUSD>
        <pctVal>0.025692846848</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Genscript Biotech Corp</name>
        <lei>529900YIYUOJOXSAE372</lei>
        <title>GENSCRIPT BIOTECH CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG3825B1059"/>
          <other otherDesc="Internal" value="BD9Q2J2"/>
        </identifiers>
        <balance>26000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>45301.69000000</valUSD>
        <pctVal>0.055934505713</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>TRENT LIMITED</name>
        <lei>335800IYA8EHI7MW7G59</lei>
        <title>TRENT LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE849A01020"/>
          <other otherDesc="Internal" value="BDDRN32"/>
        </identifiers>
        <balance>3273.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>145415.13000000</valUSD>
        <pctVal>0.179545695089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>360 Security Technology Inc.</name>
        <lei>N/A</lei>
        <title>360 SECURITY TECHNOLOGY INC</title>
        <cusip>Y444T7106</cusip>
        <identifiers>
          <isin value="CNE100002RZ2"/>
          <other otherDesc="Internal" value="BDF57C1"/>
        </identifiers>
        <balance>9131.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>13618.44000000</valUSD>
        <pctVal>0.016814840903</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>The People's Insurance Company (Group) of China Limited</name>
        <lei>N/A</lei>
        <title>PEOPLE S INSURANCE CO GROUP OF CHINA LTD THE</title>
        <cusip>Y6800A117</cusip>
        <identifiers>
          <isin value="CNE100003F27"/>
          <other otherDesc="Internal" value="BDFS9G8"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>4044.21000000</valUSD>
        <pctVal>0.004993431533</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Securities Co., Ltd.</name>
        <lei>3003006CDEBNKXHOI130</lei>
        <title>CSC FINANCIAL CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000031T5"/>
          <other otherDesc="Internal" value="BDZRFN4"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>14425.43000000</valUSD>
        <pctVal>0.017811240524</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>HDFC LIFE INSURANCE COMPANY LIMITED</name>
        <lei>335800RQI8GAFHIRGZ37</lei>
        <title>HDFC LIFE INSURANCE CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE795G01014"/>
          <other otherDesc="Internal" value="BF0TRG6"/>
        </identifiers>
        <balance>17693.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>110765.73000000</valUSD>
        <pctVal>0.136763691542</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BHARAT ELECTRONICS LIMITED</name>
        <lei>335800HS8AOTM9W1F335</lei>
        <title>BHARAT ELECTRONICS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE263A01024"/>
          <other otherDesc="Internal" value="BF1THH6"/>
        </identifiers>
        <balance>65126.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>281380.11000000</valUSD>
        <pctVal>0.347423183780</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AU SMALL FINANCE BANK LIMITED</name>
        <lei>3358006J6L5P5MWKCU97</lei>
        <title>AU SMALL FINANCE BANK LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE949L01017"/>
          <other otherDesc="Internal" value="BF1YBK2"/>
        </identifiers>
        <balance>8456.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>87615.36000000</valUSD>
        <pctVal>0.108179669555</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shanghai Putailai New Energy Technology Group Co.,Ltd.</name>
        <lei>N/A</lei>
        <title>SHANGHAI PUTAILAI NEW ENERGY TECHNOLOGY CO LTD</title>
        <cusip>Y7T892106</cusip>
        <identifiers>
          <isin value="CNE100002TX3"/>
          <other otherDesc="Internal" value="BF2DZJ5"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>18133.91000000</valUSD>
        <pctVal>0.022390142453</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>HENGLI PETROCHEMICAL CO., LTD.</name>
        <lei>N/A</lei>
        <title>HENGLI PETROCHEMICAL CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000018V0"/>
          <other otherDesc="Internal" value="BFB4HL5"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>20337.97000000</valUSD>
        <pctVal>0.025111520103</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>ZHESHANG SECURITIES CO.,LTD.</name>
        <lei>N/A</lei>
        <title>ZHESHANG SECURITIES CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002R65"/>
          <other otherDesc="Internal" value="BFB4KN8"/>
        </identifiers>
        <balance>5000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>6978.82000000</valUSD>
        <pctVal>0.008616827477</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>SATELLITE CHEMICAL CO., LTD.</name>
        <lei>N/A</lei>
        <title>ZHEJIANG SATELLITE PETROCHEMICAL CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001B07"/>
          <other otherDesc="Internal" value="BFCCQG6"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>13758.44000000</valUSD>
        <pctVal>0.016987700476</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shandong Gold Mining Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SHANDONG GOLD MINING CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000036N7"/>
          <other otherDesc="Internal" value="BFD2096"/>
        </identifiers>
        <balance>10500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>32129.59000000</valUSD>
        <pctVal>0.039670765824</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG HUAYOU COBALT CO., LTD</name>
        <lei>N/A</lei>
        <title>ZHEJIANG HUAYOU COBALT CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001VW3"/>
          <other otherDesc="Internal" value="BFF5BV2"/>
        </identifiers>
        <balance>2200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>17854.62000000</valUSD>
        <pctVal>0.022045299952</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>Zhongji Innolight Co Ltd</name>
        <lei>N/A</lei>
        <title>ZHONGJI INNOLIGHT CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001CY9"/>
          <other otherDesc="Internal" value="BFFJRM7"/>
        </identifiers>
        <balance>1340.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>228427.44000000</valUSD>
        <pctVal>0.282041927084</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>Eneva S.A.</name>
        <lei>549300T1AP7HKCABII19</lei>
        <title>ENEVA SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRENEVACNOR8"/>
          <other otherDesc="Internal" value="BFWHKM5"/>
        </identifiers>
        <balance>15880.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>80682.00000000</valUSD>
        <pctVal>0.099618972050</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>China Merchants Expressway Network Technology Holdings Co., Ltd.</name>
        <lei>N/A</lei>
        <title>CHINA MERCHANTS EXPRESSWAY NETWORK TECHNOLOGY HO</title>
        <cusip>Y1504Y107</cusip>
        <identifiers>
          <isin value="CNE1000032B1"/>
          <other otherDesc="Internal" value="BFY8GC8"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>11872.35000000</valUSD>
        <pctVal>0.014658923958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shennan Circuits Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SHENNAN CIRCUITS CO LTD</title>
        <cusip>Y774D3102</cusip>
        <identifiers>
          <isin value="CNE100003373"/>
          <other otherDesc="Internal" value="BFY8GV7"/>
        </identifiers>
        <balance>800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>48593.19000000</valUSD>
        <pctVal>0.059998557751</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>Huizhou Desay SV Automotive Co Ltd</name>
        <lei>N/A</lei>
        <title>HUIZHOU DESAY SV AUTOMOTIVE CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000033C7"/>
          <other otherDesc="Internal" value="BFY8GX9"/>
        </identifiers>
        <balance>1700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>25557.32000000</valUSD>
        <pctVal>0.031555910200</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>Caitong Securities Co., Ltd.</name>
        <lei>N/A</lei>
        <title>CAITONG SECURITIES CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002V44"/>
          <other otherDesc="Internal" value="BFY9KS5"/>
        </identifiers>
        <balance>8020.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>9307.63000000</valUSD>
        <pctVal>0.011492235353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK OF CHENGDU CO., LTD.</name>
        <lei>30030030JPOKGL9K5418</lei>
        <title>BANK OF CHENGDU CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002SN6"/>
          <other otherDesc="Internal" value="BFYQHF2"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>10999.78000000</valUSD>
        <pctVal>0.013581551974</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>HDFC Asset Management Company Ltd</name>
        <lei>3358002FLK8AK8WSEP31</lei>
        <title>HDFC ASSET MANAGEMENT CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE127D01025"/>
          <other otherDesc="Internal" value="BG0R3M5"/>
        </identifiers>
        <balance>3520.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>99058.64000000</valUSD>
        <pctVal>0.122308815963</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XIAOMI CORPORATION</name>
        <lei>N/A</lei>
        <title>XIAOMI CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG9830T1067"/>
          <other otherDesc="Internal" value="BG0ZMJ9"/>
        </identifiers>
        <balance>312400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>1118851.11000000</valUSD>
        <pctVal>1.381458038424</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Foxconn Industrial Internet Co., Ltd.</name>
        <lei>N/A</lei>
        <title>FOXCONN INDUSTRIAL INTERNET CO LTD</title>
        <cusip>Y2620V100</cusip>
        <identifiers>
          <isin value="CNE1000031P3"/>
          <other otherDesc="Internal" value="BG20N99"/>
        </identifiers>
        <balance>14000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>151329.53000000</valUSD>
        <pctVal>0.186848271232</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>B3 S.A - Brasil, Bolsa, Balcao</name>
        <lei>4GTK5S46E6H318LMDS44</lei>
        <title>B3 SA BRASIL BOLSA BALCAO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRB3SAACNOR6"/>
          <other otherDesc="Internal" value="BG36ZK1"/>
        </identifiers>
        <balance>96047.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>314155.97000000</valUSD>
        <pctVal>0.387891906435</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>AMBEV S.A.</name>
        <lei>549300TH5Q6VRP8OT012</lei>
        <title>AMBEV SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRABEVACNOR1"/>
          <other otherDesc="Internal" value="BG7ZWY7"/>
        </identifiers>
        <balance>80960.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>261919.74000000</valUSD>
        <pctVal>0.323395246258</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>WuXi AppTec Co., Ltd.</name>
        <lei>254900OEPQLZSPLN9175</lei>
        <title>WUXI APPTEC CO LTD</title>
        <cusip>Y971B1118</cusip>
        <identifiers>
          <isin value="CNE100003F19"/>
          <other otherDesc="Internal" value="BGHH0L6"/>
        </identifiers>
        <balance>6587.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>109678.80000000</valUSD>
        <pctVal>0.135421646857</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>MEITUAN</name>
        <lei>21380033K525E5JLIA77</lei>
        <title>MEITUAN</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG596691041"/>
          <other otherDesc="Internal" value="BGJW376"/>
        </identifiers>
        <balance>88260.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>857761.84000000</valUSD>
        <pctVal>1.059088182807</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>Tongcheng Travel Holdings Limited</name>
        <lei>2549004WGGNOPL8NUL61</lei>
        <title>TONGCHENG ELONG HOLDINGS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG8918W1069"/>
          <other otherDesc="Internal" value="BGM5R25"/>
        </identifiers>
        <balance>26400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>47692.91000000</valUSD>
        <pctVal>0.058886971918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HAIDILAO INTERNATIONAL HOLDING LTD.</name>
        <lei>3003009Q8GV4VNKZWI24</lei>
        <title>HAIDILAO INTERNATIONAL HOLDING LTD</title>
        <cusip>G4290A101</cusip>
        <identifiers>
          <isin value="KYG4290A1013"/>
          <other otherDesc="Internal" value="BGN9715"/>
        </identifiers>
        <balance>32000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>52071.55000000</valUSD>
        <pctVal>0.064293327930</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>GODREJ PROPERTIES LIMITED</name>
        <lei>335800KM3Y5NZWXOE183</lei>
        <title>GODREJ PROPERTIES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE484J01027"/>
          <other otherDesc="Internal" value="BGQL729"/>
        </identifiers>
        <balance>2691.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>49922.31000000</valUSD>
        <pctVal>0.061639637150</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XINYI SOLAR HOLDINGS LIMITED</name>
        <lei>N/A</lei>
        <title>XINYI SOLAR HOLDINGS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG9829N1025"/>
          <other otherDesc="Internal" value="BGQYNN1"/>
        </identifiers>
        <balance>92000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>31379.04000000</valUSD>
        <pctVal>0.038744053304</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INNOVENT BIOLOGICS, INC.</name>
        <lei>N/A</lei>
        <title>INNOVENT BIOLOGICS INC</title>
        <cusip>G4818G101</cusip>
        <identifiers>
          <isin value="KYG4818G1010"/>
          <other otherDesc="Internal" value="BGR6KX5"/>
        </identifiers>
        <balance>27000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>286695.25000000</valUSD>
        <pctVal>0.353985846866</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRITANNIA INDUSTRIES LTD</name>
        <lei>335800RRN5EVHNNAXN80</lei>
        <title>BRITANNIA INDUSTRIES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE216A01030"/>
          <other otherDesc="Internal" value="BGSQG47"/>
        </identifiers>
        <balance>1960.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>107377.05000000</valUSD>
        <pctVal>0.132579650267</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>POLYCAB INDIA LIMITED</name>
        <lei>335800ZAL1L11ERZVW68</lei>
        <title>POLYCAB INDIA LTD</title>
        <cusip>Y6S83Q102</cusip>
        <identifiers>
          <isin value="INE455K01017"/>
          <other otherDesc="Internal" value="BHKDY38"/>
        </identifiers>
        <balance>1003.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>100047.24000000</valUSD>
        <pctVal>0.123529451492</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen Mindray Bio-Medical Electronics Co Ltd</name>
        <lei>N/A</lei>
        <title>SHENZHEN MINDRAY BIO MEDICAL ELECTRONICS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003G67"/>
          <other otherDesc="Internal" value="BHQK864"/>
        </identifiers>
        <balance>1400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>31420.42000000</valUSD>
        <pctVal>0.038795145655</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>Contemporary Amperex Technology Co., Ltd.</name>
        <lei>300300KINDY1K0E9I032</lei>
        <title>CONTEMPORARY AMPEREX TECHNOLOGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003662"/>
          <other otherDesc="Internal" value="BHQPSY7"/>
        </identifiers>
        <balance>4940.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>309921.69000000</valUSD>
        <pctVal>0.382663793337</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>GigaDevice Semiconductor Inc</name>
        <lei>N/A</lei>
        <title>GIGADEVICE SEMICONDUCTOR INC</title>
        <cusip>Y270BL103</cusip>
        <identifiers>
          <isin value="CNE1000030S9"/>
          <other otherDesc="Internal" value="BHWLWF8"/>
        </identifiers>
        <balance>1200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>82893.56000000</valUSD>
        <pctVal>0.102349610034</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>WuXi AppTec Co., Ltd.</name>
        <lei>254900OEPQLZSPLN9175</lei>
        <title>WUXI APPTEC CO LTD</title>
        <cusip>Y971B1100</cusip>
        <identifiers>
          <isin value="CNE1000031K4"/>
          <other otherDesc="Internal" value="BHWLWV4"/>
        </identifiers>
        <balance>4028.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>60476.14000000</valUSD>
        <pctVal>0.074670569648</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>KLABIN S.A.</name>
        <lei>254900C8UYA6YUPSDU10</lei>
        <title>KLABIN SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRKLBNCDAM18"/>
          <other otherDesc="Internal" value="BJ0K6Z9"/>
        </identifiers>
        <balance>13605.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>44958.49000000</valUSD>
        <pctVal>0.055510752816</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <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>CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED</name>
        <lei>3358008DNPV45O4EII52</lei>
        <title>CHOLAMANDALAM INVESTMENT AND FINANCE CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE121A01024"/>
          <other otherDesc="Internal" value="BJ9K2H4"/>
        </identifiers>
        <balance>7840.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>126814.04000000</valUSD>
        <pctVal>0.156578720240</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BAIC BluePark New Energy Technology Co., Ltd.</name>
        <lei>N/A</lei>
        <title>BAIC BLUEPARK NEW ENERGY TECHNOLOGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000LP1"/>
          <other otherDesc="Internal" value="BJLFLB4"/>
        </identifiers>
        <balance>21100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>19064.56000000</valUSD>
        <pctVal>0.023539226466</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>Rail Vikas Nigam Ltd</name>
        <lei>8945004J7EIKTCOWI620</lei>
        <title>RAIL VIKAS NIGAM LTD</title>
        <cusip>Y7177Z107</cusip>
        <identifiers>
          <isin value="INE415G01027"/>
          <other otherDesc="Internal" value="BJLJGN3"/>
        </identifiers>
        <balance>9840.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>25436.42000000</valUSD>
        <pctVal>0.031406633611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Leapmotor Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>ZHEJIANG LEAPMOTOR TECHNOLOGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005K77"/>
          <other otherDesc="Internal" value="BJLVDM7"/>
        </identifiers>
        <balance>9000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>45202.01000000</valUSD>
        <pctVal>0.055811429697</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>Chongqing Rural Commercial Bank Co., Ltd.</name>
        <lei>300300C1126750000027</lei>
        <title>CHONGQING RURAL COMMERCIAL BANK CO LTD</title>
        <cusip>Y1594G115</cusip>
        <identifiers>
          <isin value="CNE100003NZ9"/>
          <other otherDesc="Internal" value="BJLWMG7"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>11777.75000000</valUSD>
        <pctVal>0.014542120275</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HANSOH PHARMACEUTICAL GROUP COMPANY LIMITED</name>
        <lei>254900Q6MR00EBXTPF42</lei>
        <title>HANSOH PHARMACEUTICAL GROUP CO LTD</title>
        <cusip>G54958106</cusip>
        <identifiers>
          <isin value="KYG549581067"/>
          <other otherDesc="Internal" value="BJYKB72"/>
        </identifiers>
        <balance>24000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>96112.36000000</valUSD>
        <pctVal>0.118671010939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA FEIHE LIMITED</name>
        <lei>N/A</lei>
        <title>CHINA FEIHE LTD</title>
        <cusip>G2121Q105</cusip>
        <identifiers>
          <isin value="KYG2121Q1055"/>
          <other otherDesc="Internal" value="BK0SBL1"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>15630.73000000</valUSD>
        <pctVal>0.019299437978</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>T-Tekhnologii MKPAO</name>
        <lei>N/A</lei>
        <title>TCS GROUP HOLDING PLC</title>
        <cusip>87238U203</cusip>
        <identifiers>
          <isin value="US87238U2033"/>
          <other otherDesc="Internal" value="BK1K310"/>
        </identifiers>
        <balance>3884.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.00000000"/>
        <valUSD>0.55000000</valUSD>
        <pctVal>0.000000679091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HDFC BANK LIMITED</name>
        <lei>335800ZQ6I4E2JXENC50</lei>
        <title>HDFC BANK LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE040A01034"/>
          <other otherDesc="Internal" value="BK1N461"/>
        </identifiers>
        <balance>206409.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>1618036.63000000</valUSD>
        <pctVal>1.997808009485</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hainan Airport Infrastructure Co., Ltd</name>
        <lei>N/A</lei>
        <title>HAINAN AIRPORT INFRASTRUCTURE CO LTD</title>
        <cusip>Y2982H103</cusip>
        <identifiers>
          <isin value="CNE000001C32"/>
          <other otherDesc="Internal" value="BK4PYQ4"/>
        </identifiers>
        <balance>16000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>7592.24000000</valUSD>
        <pctVal>0.009374224044</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>Maxscend Microelectronics Co Ltd</name>
        <lei>N/A</lei>
        <title>MAXSCEND MICROELECTRONICS CO LTD</title>
        <cusip>Y5840E105</cusip>
        <identifiers>
          <isin value="CNE100003QK4"/>
          <other otherDesc="Internal" value="BK4XS11"/>
        </identifiers>
        <balance>1400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>22370.86000000</valUSD>
        <pctVal>0.027621552230</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>Ningxia Baofeng Energy Group Co., Ltd.</name>
        <lei>N/A</lei>
        <title>NINGXIA BAOFENG ENERGY GROUP CO LTD</title>
        <cusip>Y6S057109</cusip>
        <identifiers>
          <isin value="CNE100003LF5"/>
          <other otherDesc="Internal" value="BK4XS99"/>
        </identifiers>
        <balance>8700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>30863.38000000</valUSD>
        <pctVal>0.038107362108</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pharmaron Beijing Co., Ltd.</name>
        <lei>300300JYXHGVS5SNGG54</lei>
        <title>PHARMARON BEIJING CO LTD</title>
        <cusip>Y989K6101</cusip>
        <identifiers>
          <isin value="CNE100003JW4"/>
          <other otherDesc="Internal" value="BK4XYC4"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>14843.63000000</valUSD>
        <pctVal>0.018327596763</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>Alibaba Group Holding Limited</name>
        <lei>5493001NTNQJDH60PM02</lei>
        <title>ALIBABA GROUP HOLDING LTD</title>
        <cusip>G01719114</cusip>
        <identifiers>
          <isin value="KYG017191142"/>
          <other otherDesc="Internal" value="BK6YZP5"/>
        </identifiers>
        <balance>307220.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>4763186.02000000</valUSD>
        <pctVal>5.881159304424</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>HITACHI ENERGY INDIA LIMITED</name>
        <lei>549300ASJQYQLII9F213</lei>
        <title>HITACHI ENERGY INDIA LTD</title>
        <cusip>Y000XZ109</cusip>
        <identifiers>
          <isin value="INE07Y701011"/>
          <other otherDesc="Internal" value="BK709V6"/>
        </identifiers>
        <balance>247.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>99908.22000000</valUSD>
        <pctVal>0.123357801936</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Advanced Micro-Fabrication Equipment Inc China</name>
        <lei>N/A</lei>
        <title>ADVANCED MICRO FABRICATION EQUIPMENT INC CHINA</title>
        <cusip>Y001DM108</cusip>
        <identifiers>
          <isin value="CNE100003MM9"/>
          <other otherDesc="Internal" value="BK71F66"/>
        </identifiers>
        <balance>1291.83000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>56886.15000000</valUSD>
        <pctVal>0.070237968653</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>Montage Technology Co Ltd</name>
        <lei>836800ZMWT5PAN574D81</lei>
        <title>MONTAGE TECHNOLOGY CO LTD</title>
        <cusip>Y6S3M5108</cusip>
        <identifiers>
          <isin value="CNE100003MN7"/>
          <other otherDesc="Internal" value="BK71F77"/>
        </identifiers>
        <balance>1350.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>50626.52000000</valUSD>
        <pctVal>0.062509133151</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Railway Signal &amp; Communication Corporation Limited</name>
        <lei>N/A</lei>
        <title>CHINA RAILWAY SIGNAL COMMUNICATION CORP LTD</title>
        <cusip>Y1R0AG113</cusip>
        <identifiers>
          <isin value="CNE100003MP2"/>
          <other otherDesc="Internal" value="BK71F88"/>
        </identifiers>
        <balance>16000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>11353.06000000</valUSD>
        <pctVal>0.014017750760</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>OmniVision Integrated Circuits Group, Inc.</name>
        <lei>N/A</lei>
        <title>WILL SEMICONDUCTOR CO LTD SHANGHAI</title>
        <cusip>Y9584K103</cusip>
        <identifiers>
          <isin value="CNE100002XM8"/>
          <other otherDesc="Internal" value="BK947V2"/>
        </identifiers>
        <balance>1475.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>20730.02000000</valUSD>
        <pctVal>0.025595588644</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK OF CHANGSHA CO., LTD.</name>
        <lei>300300C1086243000041</lei>
        <title>BANK OF CHANGSHA CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003F50"/>
          <other otherDesc="Internal" value="BK94875"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>5616.90000000</valUSD>
        <pctVal>0.006935249549</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TIANFENG SECURITIES CO., LTD.</name>
        <lei>300300E1007142000089</lei>
        <title>TIANFENG SECURITIES CO LTD</title>
        <cusip>Y8817L102</cusip>
        <identifiers>
          <isin value="CNE100003F43"/>
          <other otherDesc="Internal" value="BK94886"/>
        </identifiers>
        <balance>16400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>8119.69000000</valUSD>
        <pctVal>0.010025472486</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA ZHESHANG BANK CO., LTD.</name>
        <lei>300300C1031633000208</lei>
        <title>CHINA ZHESHANG BANK CO LTD</title>
        <cusip>Y1R658114</cusip>
        <identifiers>
          <isin value="CNE100003PS9"/>
          <other otherDesc="Internal" value="BK96BF0"/>
        </identifiers>
        <balance>20140.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>8930.87000000</valUSD>
        <pctVal>0.011027045548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Avary Holding (Shenzhen) Co., Limited</name>
        <lei>N/A</lei>
        <title>AVARY HOLDING SHENZHEN CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003GF5"/>
          <other otherDesc="Internal" value="BKDQ800"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>62063.02000000</valUSD>
        <pctVal>0.076629908217</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA GREAT WALL SECURITIES CO., LTD.</name>
        <lei>N/A</lei>
        <title>CHINA GREAT WALL SECURITIES CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003GD0"/>
          <other otherDesc="Internal" value="BKDQ811"/>
        </identifiers>
        <balance>17800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>22387.87000000</valUSD>
        <pctVal>0.027642554669</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>SBI CARDS AND PAYMENT SERVICES LIMITED</name>
        <lei>335800HN4Y9OTCFH4236</lei>
        <title>SBI CARDS PAYMENT SERVICES LTD</title>
        <cusip>Y7T35P100</cusip>
        <identifiers>
          <isin value="INE018E01016"/>
          <other otherDesc="Internal" value="BKPFMG9"/>
        </identifiers>
        <balance>5360.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>35218.07000000</valUSD>
        <pctVal>0.043484146786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JD.COM, INC.</name>
        <lei>549300HVTWB0GJZ16V92</lei>
        <title>JD COM INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG8208B1014"/>
          <other otherDesc="Internal" value="BKPQZT6"/>
        </identifiers>
        <balance>42970.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>619445.64000000</valUSD>
        <pctVal>0.764836492627</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>SMOORE INTERNATIONAL HOLDINGS LIMITED</name>
        <lei>529900VAYY94PD0DI142</lei>
        <title>SMOORE INTERNATIONAL HOLDINGS LTD</title>
        <cusip>G8245V102</cusip>
        <identifiers>
          <isin value="KYG8245V1023"/>
          <other otherDesc="Internal" value="BKWGSQ7"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>46441.69000000</valUSD>
        <pctVal>0.057342076523</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>CITIC Pacific Special Steel Group Co., Ltd</name>
        <lei>N/A</lei>
        <title>CITIC PACIFIC SPECIAL STEEL GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000008J6"/>
          <other otherDesc="Internal" value="BL4P3T7"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>8362.74000000</valUSD>
        <pctVal>0.010325569052</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing-Shanghai High Speed Railway Co Ltd</name>
        <lei>N/A</lei>
        <title>BEIJING SHANGHAI HIGH SPEED RAILWAY CO LTD</title>
        <cusip>Y0S031107</cusip>
        <identifiers>
          <isin value="CNE100003RV9"/>
          <other otherDesc="Internal" value="BL58M76"/>
        </identifiers>
        <balance>56000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>41556.54000000</valUSD>
        <pctVal>0.051310326922</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Suzhou TFC Optical Communication Co Ltd</name>
        <lei>N/A</lei>
        <title>SUZHOU TFC OPTICAL COMMUNICATION CO LTD</title>
        <cusip>Y831BY104</cusip>
        <identifiers>
          <isin value="CNE100001XQ1"/>
          <other otherDesc="Internal" value="BL5P4J3"/>
        </identifiers>
        <balance>900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>60276.97000000</valUSD>
        <pctVal>0.074424652211</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>CSPC Innovation Pharmaceutical Co Ltd</name>
        <lei>N/A</lei>
        <title>CSPC INNOVATION PHARMACEUTICAL CO LTD</title>
        <cusip>Y1825N103</cusip>
        <identifiers>
          <isin value="CNE100003K04"/>
          <other otherDesc="Internal" value="BL61WD0"/>
        </identifiers>
        <balance>3548.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>14034.04000000</valUSD>
        <pctVal>0.017327986893</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Postal Savings Bank of China Co., Ltd.</name>
        <lei>300300C1040311005298</lei>
        <title>POSTAL SAVINGS BANK OF CHINA CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003PZ4"/>
          <other otherDesc="Internal" value="BL61XF9"/>
        </identifiers>
        <balance>28000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>20611.06000000</valUSD>
        <pctVal>0.025448707395</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WUXI BIOLOGICS (CAYMAN) INC.</name>
        <lei>N/A</lei>
        <title>WUXI BIOLOGICS CAYMAN INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG970081173"/>
          <other otherDesc="Internal" value="BL6B9P1"/>
        </identifiers>
        <balance>60000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>256625.22000000</valUSD>
        <pctVal>0.316858042918</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>YES BANK LIMITED</name>
        <lei>335800X6WKDDXJUSFZ86</lei>
        <title>YES BANK LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE528G01035"/>
          <other otherDesc="Internal" value="BL6CR27"/>
        </identifiers>
        <balance>275920.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>67221.01000000</valUSD>
        <pctVal>0.082998536432</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eternal Ltd</name>
        <lei>335800T4VOF9ETHF8W59</lei>
        <title>ETERNAL LTD</title>
        <cusip>Y9899X105</cusip>
        <identifiers>
          <isin value="INE758T01015"/>
          <other otherDesc="Internal" value="BL6P210"/>
        </identifiers>
        <balance>45145.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>118979.18000000</valUSD>
        <pctVal>0.146904930555</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PERSISTENT SYSTEMS LIMITED</name>
        <lei>3358006QYD77Z66S1J89</lei>
        <title>PERSISTENT SYSTEMS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE262H01021"/>
          <other otherDesc="Internal" value="BLC87W9"/>
        </identifiers>
        <balance>2014.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>110265.51000000</valUSD>
        <pctVal>0.136146064287</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KUAISHOU TECHNOLOGY</name>
        <lei>300300FCDZBE6UP9ED24</lei>
        <title>KUAISHOU TECHNOLOGY</title>
        <cusip>G53263102</cusip>
        <identifiers>
          <isin value="KYG532631028"/>
          <other otherDesc="Internal" value="BLC90T0"/>
        </identifiers>
        <balance>44400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>258790.43000000</valUSD>
        <pctVal>0.319531452036</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>Haier Smart Home Co., Ltd.</name>
        <lei>3003002BYTNGNJTWSH07</lei>
        <title>HAIER SMART HOME CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000048K8"/>
          <other otherDesc="Internal" value="BLD4QD0"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>100551.37000000</valUSD>
        <pctVal>0.124151906468</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>BILIBILI INC.</name>
        <lei>5493008V60M52L3PIS45</lei>
        <title>BILIBILI INC</title>
        <cusip>G1098A101</cusip>
        <identifiers>
          <isin value="KYG1098A1013"/>
          <other otherDesc="Internal" value="BLF8533"/>
        </identifiers>
        <balance>4945.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>85753.14000000</valUSD>
        <pctVal>0.105880365594</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>Akeso Inc</name>
        <lei>N/A</lei>
        <title>AKESO INC</title>
        <cusip>G0146B103</cusip>
        <identifiers>
          <isin value="KYG0146B1032"/>
          <other otherDesc="Internal" value="BLFJ7Y1"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>181245.86000000</valUSD>
        <pctVal>0.223786300062</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>VK IPJSC</name>
        <lei>N/A</lei>
        <title>VK IPJSC</title>
        <cusip>560317208</cusip>
        <identifiers>
          <isin value="US5603172082"/>
          <other otherDesc="Internal" value="BLPHF41"/>
        </identifiers>
        <balance>4446.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.00000000"/>
        <valUSD>0.63000000</valUSD>
        <pctVal>0.000000777868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NETEASE, INC.</name>
        <lei>5299004AF4DSJDB0PA32</lei>
        <title>NETEASE INC</title>
        <cusip>G6427A102</cusip>
        <identifiers>
          <isin value="KYG6427A1022"/>
          <other otherDesc="Internal" value="BM93SF4"/>
        </identifiers>
        <balance>32075.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>786429.58000000</valUSD>
        <pctVal>0.971013439800</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>LODHA DEVELOPERS LIMITED</name>
        <lei>254900B5QCN52ETNU557</lei>
        <title>LODHA DEVELOPERS LIMITED</title>
        <cusip>Y5311S112</cusip>
        <identifiers>
          <isin value="INE670K01029"/>
          <other otherDesc="Internal" value="BM9G370"/>
        </identifiers>
        <balance>5505.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>54334.50000000</valUSD>
        <pctVal>0.067087417725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MAX HEALTHCARE INSTITUTE LIMITED</name>
        <lei>3358005LALYV4GZOYF67</lei>
        <title>MAX HEALTHCARE INSTITUTE LTD</title>
        <cusip>Y5S464109</cusip>
        <identifiers>
          <isin value="INE027H01010"/>
          <other otherDesc="Internal" value="BMB2291"/>
        </identifiers>
        <balance>11501.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>116799.73000000</valUSD>
        <pctVal>0.144213939149</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RemeGen Co Ltd</name>
        <lei>300300M9HCX4TFAD4I10</lei>
        <title>REMEGEN CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000048G6"/>
          <other otherDesc="Internal" value="BMC6XV1"/>
        </identifiers>
        <balance>3500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>37007.26000000</valUSD>
        <pctVal>0.045693279785</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>Pony AI Inc</name>
        <lei>9845006P7613D2A61368</lei>
        <title>PONY AI INC</title>
        <cusip>G7171B106</cusip>
        <identifiers>
          <isin value="KYG7171B1068"/>
          <other otherDesc="Internal" value="BMDJ6Q5"/>
        </identifiers>
        <balance>3700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>37659.34000000</valUSD>
        <pctVal>0.046498410288</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Ruyi Holdings Limited</name>
        <lei>984500976440498D1C06</lei>
        <title>CHINA RUYI HOLDINGS LTD</title>
        <cusip>G4404N114</cusip>
        <identifiers>
          <isin value="BMG4404N1149"/>
          <other otherDesc="Internal" value="BMDMJ87"/>
        </identifiers>
        <balance>160000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>27771.72000000</valUSD>
        <pctVal>0.034290054764</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>Caixa Seguridade Participacoes SA</name>
        <lei>N/A</lei>
        <title>CAIXA SEGURIDADE PARTICIPACOES S A</title>
        <cusip>P1S73N102</cusip>
        <identifiers>
          <isin value="BRCXSEACNOR7"/>
          <other otherDesc="Internal" value="BMDWWN3"/>
        </identifiers>
        <balance>10680.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>37494.48000000</valUSD>
        <pctVal>0.046294855794</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>GDS HOLDINGS LIMITED</name>
        <lei>391200MGV8DDCHTN2R77</lei>
        <title>GDS HOLDINGS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG3902L1095"/>
          <other otherDesc="Internal" value="BMG40P4"/>
        </identifiers>
        <balance>19400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>85464.17000000</valUSD>
        <pctVal>0.105523571088</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>NONGFU SPRING CO., LTD.</name>
        <lei>N/A</lei>
        <title>NONGFU SPRING CO LTD</title>
        <cusip>Y6367W106</cusip>
        <identifiers>
          <isin value="CNE100004272"/>
          <other otherDesc="Internal" value="BMGWW30"/>
        </identifiers>
        <balance>36600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>199751.84000000</valUSD>
        <pctVal>0.246635841526</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>Verisilicon Microelectronics (Shanghai) Co., Ltd</name>
        <lei>N/A</lei>
        <title>VERISILICON MICROELECTRONICS SHANGHAI CO LTD</title>
        <cusip>Y92782104</cusip>
        <identifiers>
          <isin value="CNE100004413"/>
          <other otherDesc="Internal" value="BMGYHP3"/>
        </identifiers>
        <balance>605.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>22091.82000000</valUSD>
        <pctVal>0.027277018407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tencent Holdings Limited</name>
        <lei>254900N4SLUMW4XUYY11</lei>
        <title>TENCENT HOLDINGS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG875721634"/>
          <other otherDesc="Internal" value="BMMV2K8"/>
        </identifiers>
        <balance>114624.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>6227702.08000000</valUSD>
        <pctVal>7.689413740967</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>TIANSHAN ALUMINUM GROUP CO., LTD.</name>
        <lei>N/A</lei>
        <title>TIANSHAN ALUMINUM GROUP CO LTD</title>
        <cusip>Y9894M104</cusip>
        <identifiers>
          <isin value="CNE100000YJ6"/>
          <other otherDesc="Internal" value="BMQBT81"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>17695.56000000</valUSD>
        <pctVal>0.021848906782</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>BAJAJ FINSERV LIMITED</name>
        <lei>3358001EH4I4IDMGQ326</lei>
        <title>BAJAJ FINSERV LTD</title>
        <cusip>Y0548X125</cusip>
        <identifiers>
          <isin value="INE918I01026"/>
          <other otherDesc="Internal" value="BMTWGK2"/>
        </identifiers>
        <balance>7164.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>134443.57000000</valUSD>
        <pctVal>0.165998986666</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen Envicool Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>SHENZHEN ENVICOOL TECHNOLOGY CO LTD</title>
        <cusip>Y7T41E107</cusip>
        <identifiers>
          <isin value="CNE100002CC3"/>
          <other otherDesc="Internal" value="BMVB2B0"/>
        </identifiers>
        <balance>1100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>14802.16000000</valUSD>
        <pctVal>0.018276393288</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>JA Solar Technology Co., Ltd.</name>
        <lei>N/A</lei>
        <title>JA SOLAR TECHNOLOGY CO LTD</title>
        <cusip>Y7163W100</cusip>
        <identifiers>
          <isin value="CNE100000SD1"/>
          <other otherDesc="Internal" value="BMVB500"/>
        </identifiers>
        <balance>8600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>11582.02000000</valUSD>
        <pctVal>0.014300450245</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>EICHER MOTORS LIMITED</name>
        <lei>25490059S64CN2OY7239</lei>
        <title>EICHER MOTORS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE066A01021"/>
          <other otherDesc="Internal" value="BMW4CV8"/>
        </identifiers>
        <balance>2480.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>187265.86000000</valUSD>
        <pctVal>0.231219261711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Li Auto Inc.</name>
        <lei>N/A</lei>
        <title>LI AUTO INC</title>
        <cusip>G5479M105</cusip>
        <identifiers>
          <isin value="KYG5479M1050"/>
          <other otherDesc="Internal" value="BMW5M00"/>
        </identifiers>
        <balance>22818.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>170147.31000000</valUSD>
        <pctVal>0.210082795659</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>JD Health International Inc</name>
        <lei>N/A</lei>
        <title>JD HEALTH INTERNATIONAL INC</title>
        <cusip>G5074A100</cusip>
        <identifiers>
          <isin value="KYG5074A1004"/>
          <other otherDesc="Internal" value="BMW8R04"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>97532.54000000</valUSD>
        <pctVal>0.120424523144</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>OZON MKPAO</name>
        <lei>N/A</lei>
        <title>OZON HOLDINGS PLC</title>
        <cusip>69269L104</cusip>
        <identifiers>
          <isin value="US69269L1044"/>
          <other otherDesc="Internal" value="BMWB4S0"/>
        </identifiers>
        <balance>1881.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.00000000"/>
        <valUSD>0.26000000</valUSD>
        <pctVal>0.000000321024</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="ADR"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHONGTAI SECURITIES CO., LTD.</name>
        <lei>300300E1012137000054</lei>
        <title>ZHONGTAI SECURITIES CO LTD</title>
        <cusip>Y989B4106</cusip>
        <identifiers>
          <isin value="CNE100004900"/>
          <other otherDesc="Internal" value="BMXTWL2"/>
        </identifiers>
        <balance>11500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>9250.59000000</valUSD>
        <pctVal>0.011421807425</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen New Industries Biomedical Engineering Co Ltd</name>
        <lei>N/A</lei>
        <title>SHENZHEN NEW INDUSTRIES BIOMEDICAL ENGINEERING CO</title>
        <cusip>Y774FY102</cusip>
        <identifiers>
          <isin value="CNE100003T39"/>
          <other otherDesc="Internal" value="BMXTX20"/>
        </identifiers>
        <balance>800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>5527.03000000</valUSD>
        <pctVal>0.006824286050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA RESOURCES MIXC LIFESTYLE SERVICES LIMITED</name>
        <lei>N/A</lei>
        <title>CHINA RESOURCES MIXC LIFESTYLE SERVICES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG2122G1064"/>
          <other otherDesc="Internal" value="BMXWXT6"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>42454.60000000</valUSD>
        <pctVal>0.052419171696</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>KALYAN JEWELLERS INDIA LIMITED</name>
        <lei>335800EP35CO1QHM9P33</lei>
        <title>KALYAN JEWELLERS INDIA LTD</title>
        <cusip>Y4524W101</cusip>
        <identifiers>
          <isin value="INE303R01014"/>
          <other otherDesc="Internal" value="BMYLJB6"/>
        </identifiers>
        <balance>7842.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>29290.71000000</valUSD>
        <pctVal>0.036165568786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China International Capital Corporation Limited</name>
        <lei>529900OS3SVVTT56QN67</lei>
        <title>CHINA INTERNATIONAL CAPITAL CORP LTD</title>
        <cusip>Y1R99Y117</cusip>
        <identifiers>
          <isin value="CNE1000048J0"/>
          <other otherDesc="Internal" value="BMYPCF3"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>19980.78000000</valUSD>
        <pctVal>0.024670493596</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>ZTO EXPRESS (CAYMAN) INC.</name>
        <lei>549300SCJPK3YZJTJR78</lei>
        <title>ZTO EXPRESS CAYMAN INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG9897K1058"/>
          <other otherDesc="Internal" value="BMZ1C83"/>
        </identifiers>
        <balance>6090.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>134114.88000000</valUSD>
        <pctVal>0.165593149430</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>YUM CHINA HOLDINGS, INC.</name>
        <lei>529900DO9BYZ7VA3K502</lei>
        <title>YUM CHINA HOLDINGS INC</title>
        <cusip>98850P109</cusip>
        <identifiers>
          <isin value="US98850P1093"/>
          <other otherDesc="Internal" value="BN2BD13"/>
        </identifiers>
        <balance>6765.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>295430.88000000</valUSD>
        <pctVal>0.364771827392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW ORIENTAL EDUCATION &amp; TECHNOLOGY GROUP INC.</name>
        <lei>529900NHZVBZQZ8EKN29</lei>
        <title>NEW ORIENTAL EDUCATION TECHNOLOGY GROUP INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG6470A1168"/>
          <other otherDesc="Internal" value="BN4MKV3"/>
        </identifiers>
        <balance>24030.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>110679.19000000</valUSD>
        <pctVal>0.136656839632</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>Shanghai United Imaging Healthcare Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SHANGHAI UNITED IMAGING HEALTHCARE CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005PN5"/>
          <other otherDesc="Internal" value="BN4P5F1"/>
        </identifiers>
        <balance>1215.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>21607.08000000</valUSD>
        <pctVal>0.026678504482</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>Pop Mart International Group Ltd</name>
        <lei>N/A</lei>
        <title>POP MART INTERNATIONAL GROUP LTD</title>
        <cusip>G7170M103</cusip>
        <identifiers>
          <isin value="KYG7170M1033"/>
          <other otherDesc="Internal" value="BN6PP37"/>
        </identifiers>
        <balance>10000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>220401.36000000</valUSD>
        <pctVal>0.272132035916</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="207177.27840000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TIM S.A.</name>
        <lei>529900QI0CH1DN5ZCS77</lei>
        <title>TIM SA BRAZIL</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRTIMSACNOR5"/>
          <other otherDesc="Internal" value="BN71RB6"/>
        </identifiers>
        <balance>16286.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>70702.72000000</valUSD>
        <pctVal>0.087297442894</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>
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      </invstOrSec>
      <invstOrSec>
        <name>KE Holdings Inc.</name>
        <lei>254900RHVY072XPAZE03</lei>
        <title>KE HOLDINGS INC</title>
        <cusip>G5223Y108</cusip>
        <identifiers>
          <isin value="KYG5223Y1089"/>
          <other otherDesc="Internal" value="BN7SX97"/>
        </identifiers>
        <balance>35162.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>192144.18000000</valUSD>
        <pctVal>0.237242578235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KOTAK MAHINDRA BANK LIMITED</name>
        <lei>335800E6GTTXKHXE2I75</lei>
        <title>KOTAK MAHINDRA BANK LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE237A01036"/>
          <other otherDesc="Internal" value="BNBX1W7"/>
        </identifiers>
        <balance>97920.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>395885.94000000</valUSD>
        <pctVal>0.488804818822</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DIXON TECHNOLOGIES (INDIA) LIMITED</name>
        <lei>335800D7XO7AVXXJ8575</lei>
        <title>DIXON TECHNOLOGIES INDIA LTD</title>
        <cusip>Y2R8Y5112</cusip>
        <identifiers>
          <isin value="INE935N01020"/>
          <other otherDesc="Internal" value="BNC5412"/>
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        <balance>680.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>82441.80000000</valUSD>
        <pctVal>0.101791816886</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Piotech Inc</name>
        <lei>N/A</lei>
        <title>PIOTECH INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005998"/>
          <other otherDesc="Internal" value="BNDKP79"/>
        </identifiers>
        <balance>599.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>55738.55000000</valUSD>
        <pctVal>0.068821014037</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Rede D'Or Sao Luiz S.A.</name>
        <lei>9269004BEA774D836A73</lei>
        <title>REDE D OR SAO LUIZ SA</title>
        <cusip>P79942101</cusip>
        <identifiers>
          <isin value="BRRDORACNOR8"/>
          <other otherDesc="Internal" value="BNDQ8P6"/>
        </identifiers>
        <balance>15000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>101158.68000000</valUSD>
        <pctVal>0.124901758950</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>
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      </invstOrSec>
      <invstOrSec>
        <name>APL APOLLO TUBES LIMITED</name>
        <lei>335800ZU4GXSB7Q4IU95</lei>
        <title>APL APOLLO TUBES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE702C01027"/>
          <other otherDesc="Internal" value="BNDTGN9"/>
        </identifiers>
        <balance>3329.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>64156.49000000</valUSD>
        <pctVal>0.079214739151</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UNITED COMPANY RUSAL IPJSC</name>
        <lei>N/A</lei>
        <title>UNITED CO RUSAL INTERNATIONAL PJSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU000A1025V3"/>
          <other otherDesc="Internal" value="BNGCVY1"/>
        </identifiers>
        <balance>95760.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="71.00000000"/>
        <valUSD>13.49000000</valUSD>
        <pctVal>0.000016656254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Range Intelligent Computing Technology Group Company Limited</name>
        <lei>N/A</lei>
        <title>RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP CO LT</title>
        <cusip>Y768A5102</cusip>
        <identifiers>
          <isin value="CNE100001Z58"/>
          <other otherDesc="Internal" value="BNHPCQ8"/>
        </identifiers>
        <balance>1600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>19831.73000000</valUSD>
        <pctVal>0.024486459886</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>Jinko Solar Co., Ltd.</name>
        <lei>300300RHCPJNG9KTKT10</lei>
        <title>JINKO SOLAR CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005R96"/>
          <other otherDesc="Internal" value="BNHPM68"/>
        </identifiers>
        <balance>16000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>13861.98000000</valUSD>
        <pctVal>0.017115542477</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>Cambricon Technologies Corp Ltd</name>
        <lei>N/A</lei>
        <title>CAMBRICON TECHNOLOGIES CORP LTD</title>
        <cusip>Y10823105</cusip>
        <identifiers>
          <isin value="CNE1000041R8"/>
          <other otherDesc="Internal" value="BNHPMD5"/>
        </identifiers>
        <balance>745.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>144287.77000000</valUSD>
        <pctVal>0.178153731029</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>Everdisplay Optronics Shanghai Co Ltd</name>
        <lei>N/A</lei>
        <title>EVERDISPLAY OPTRONICS SHANGHAI CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000051N6"/>
          <other otherDesc="Internal" value="BNHPNF4"/>
        </identifiers>
        <balance>16000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>5558.87000000</valUSD>
        <pctVal>0.006863599255</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JD LOGISTICS, INC.</name>
        <lei>N/A</lei>
        <title>JD LOGISTICS INC</title>
        <cusip>G5074S101</cusip>
        <identifiers>
          <isin value="KYG5074S1012"/>
          <other otherDesc="Internal" value="BNMBPD9"/>
        </identifiers>
        <balance>36000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>59232.26000000</valUSD>
        <pctVal>0.073134737034</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Giant Biogene Holding Co Ltd</name>
        <lei>391200HMPBKVFGL0V252</lei>
        <title>GIANT BIOGENE HOLDING CO LTD</title>
        <cusip>G3887G109</cusip>
        <identifiers>
          <isin value="KYG3887G1091"/>
          <other otherDesc="Internal" value="BNNJRV4"/>
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        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>30684.22000000</valUSD>
        <pctVal>0.037886151242</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="29150.00900000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Shenzhen Transsion Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>SHENZHEN TRANSSION HOLDINGS CO LTD</title>
        <cusip>Y774FC100</cusip>
        <identifiers>
          <isin value="CNE100003P74"/>
          <other otherDesc="Internal" value="BNR4NP1"/>
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        <balance>1297.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>11518.34000000</valUSD>
        <pctVal>0.014221823833</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Beijing Kingsoft Office Software Inc</name>
        <lei>N/A</lei>
        <title>BEIJING KINGSOFT OFFICE SOFTWARE INC</title>
        <cusip>Y0R9YP102</cusip>
        <identifiers>
          <isin value="CNE100003PM2"/>
          <other otherDesc="Internal" value="BNR4NQ2"/>
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        <balance>578.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>20427.26000000</valUSD>
        <pctVal>0.025221767470</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ONE 97 COMMUNICATIONS LIMITED</name>
        <lei>335800ZRHU5J6GSTMI23</lei>
        <title>ONE 97 COMMUNICATIONS LTD</title>
        <cusip>Y6425F111</cusip>
        <identifiers>
          <isin value="INE982J01020"/>
          <other otherDesc="Internal" value="BNTYXL5"/>
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        <balance>7353.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>86619.02000000</valUSD>
        <pctVal>0.106949477361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Jubilant FoodWorks Limited</name>
        <lei>9845000D3B99893F5B14</lei>
        <title>JUBILANT FOODWORKS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE797F01020"/>
          <other otherDesc="Internal" value="BNVYT93"/>
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        <balance>6640.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>29880.00000000</valUSD>
        <pctVal>0.036893171771</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>
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      </invstOrSec>
      <invstOrSec>
        <name>TRIP.COM GROUP LIMITED</name>
        <lei>N/A</lei>
        <title>TRIP COM GROUP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG9066F1019"/>
          <other otherDesc="Internal" value="BNYK8H9"/>
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        <balance>11450.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>539466.76000000</valUSD>
        <pctVal>0.666085670742</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>PHOSAGRO PJSC</name>
        <lei>25340053KRUNNYUWF472</lei>
        <title>PHOSAGRO PJSC</title>
        <cusip>71922G308</cusip>
        <identifiers>
          <isin value="US71922G3083"/>
          <other otherDesc="Internal" value="BNZGRT1"/>
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        <balance>1.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Energy Engineering Corporation Limited</name>
        <lei>N/A</lei>
        <title>CHINA ENERGY ENGINEERING CORP LTD</title>
        <cusip>Y1475W114</cusip>
        <identifiers>
          <isin value="CNE100004QL0"/>
          <other otherDesc="Internal" value="BP2DDJ1"/>
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        <balance>40000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>17087.19000000</valUSD>
        <pctVal>0.021097745507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Netease Cloud Music Inc</name>
        <lei>N/A</lei>
        <title>NETEASE CLOUD MUSIC INC</title>
        <cusip>G2215N109</cusip>
        <identifiers>
          <isin value="KYG2215N1097"/>
          <other otherDesc="Internal" value="BP2TRS6"/>
        </identifiers>
        <balance>1700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>25807.79000000</valUSD>
        <pctVal>0.031865168323</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>WINTIME ENERGY GROUP CO.,LTD.</name>
        <lei>N/A</lei>
        <title>WINTIME ENERGY GROUP CO LTD</title>
        <cusip>Y9649L104</cusip>
        <identifiers>
          <isin value="CNE000000WD4"/>
          <other otherDesc="Internal" value="BP3R1P4"/>
        </identifiers>
        <balance>28000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>7533.65000000</valUSD>
        <pctVal>0.009301882313</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>Anhui Jianghuai Automobile Group Corp., Ltd.</name>
        <lei>N/A</lei>
        <title>ANHUI JIANGHUAI AUTOMOBILE GROUP CORP LTD</title>
        <cusip>Y0141C106</cusip>
        <identifiers>
          <isin value="CNE0000018M9"/>
          <other otherDesc="Internal" value="BP3R1R6"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>21881.25000000</valUSD>
        <pctVal>0.027017025261</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>PetroChina Company Limited</name>
        <lei>N/A</lei>
        <title>PETROCHINA CO LTD</title>
        <cusip>Y6883Q138</cusip>
        <identifiers>
          <isin value="CNE1000007Q1"/>
          <other otherDesc="Internal" value="BP3R206"/>
        </identifiers>
        <balance>23400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>37601.24000000</valUSD>
        <pctVal>0.046426673565</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>INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED</name>
        <lei>5493002ERZU2K9PZDL40</lei>
        <title>INDUSTRIAL COMMERCIAL BANK OF CHINA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001P37"/>
          <other otherDesc="Internal" value="BP3R217"/>
        </identifiers>
        <balance>70900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>75673.93000000</valUSD>
        <pctVal>0.093435451744</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>AGRICULTURAL BANK OF CHINA LIMITED</name>
        <lei>549300E7TSGLCOVSY746</lei>
        <title>AGRICULTURAL BANK OF CHINA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000RJ0"/>
          <other otherDesc="Internal" value="BP3R228"/>
        </identifiers>
        <balance>96000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>89679.82000000</valUSD>
        <pctVal>0.110728681516</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK OF CHINA LIMITED</name>
        <lei>54930053HGCFWVHYZX42</lei>
        <title>BANK OF CHINA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001N05"/>
          <other otherDesc="Internal" value="BP3R239"/>
        </identifiers>
        <balance>44000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>38112.13000000</valUSD>
        <pctVal>0.047057475189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Petroleum &amp; Chemical Corporation</name>
        <lei>N/A</lei>
        <title>CHINA PETROLEUM CHEMICAL CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000018G1"/>
          <other otherDesc="Internal" value="BP3R240"/>
        </identifiers>
        <balance>36000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>25810.13000000</valUSD>
        <pctVal>0.031868057548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Life Insurance Company Limited</name>
        <lei>N/A</lei>
        <title>CHINA LIFE INSURANCE CO LTD</title>
        <cusip>Y1477R220</cusip>
        <identifiers>
          <isin value="CNE000001Q93"/>
          <other otherDesc="Internal" value="BP3R251"/>
        </identifiers>
        <balance>93.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>465.10000000</valUSD>
        <pctVal>0.000574264196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Shenhua Energy Company Limited</name>
        <lei>N/A</lei>
        <title>CHINA SHENHUA ENERGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000767"/>
          <other otherDesc="Internal" value="BP3R262"/>
        </identifiers>
        <balance>8400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>58250.00000000</valUSD>
        <pctVal>0.071921929574</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Merchants Bank Co., Ltd.</name>
        <lei>549300MKO5B60FFIHF58</lei>
        <title>CHINA MERCHANTS BANK CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001B33"/>
          <other otherDesc="Internal" value="BP3R273"/>
        </identifiers>
        <balance>18300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>102855.56000000</valUSD>
        <pctVal>0.126996915754</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>Ping An Insurance (Group) Company of China, Ltd.</name>
        <lei>529900M9MC28JLN35U89</lei>
        <title>PING AN INSURANCE GROUP CO OF CHINA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001R84"/>
          <other otherDesc="Internal" value="BP3R284"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>94906.26000000</valUSD>
        <pctVal>0.117181825715</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>INDUSTRIAL BANK CO.,LTD.</name>
        <lei>300300C1030935001303</lei>
        <title>INDUSTRIAL BANK CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001QZ7"/>
          <other otherDesc="Internal" value="BP3R295"/>
        </identifiers>
        <balance>24000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>65629.02000000</valUSD>
        <pctVal>0.081032888489</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANGHAI PUDONG DEVELOPMENT BANK CO., LTD.</name>
        <lei>300300C1031031001330</lei>
        <title>SHANGHAI PUDONG DEVELOPMENT BANK CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000011B7"/>
          <other otherDesc="Internal" value="BP3R2B7"/>
        </identifiers>
        <balance>36000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>49886.49000000</valUSD>
        <pctVal>0.061595409794</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA MINSHENG BANKING CORP., LTD.</name>
        <lei>549300HBUGSQD1VCXG94</lei>
        <title>CHINA MINSHENG BANKING CORP LTD</title>
        <cusip>Y1495M104</cusip>
        <identifiers>
          <isin value="CNE0000015Y0"/>
          <other otherDesc="Internal" value="BP3R2C8"/>
        </identifiers>
        <balance>52000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>27286.30000000</valUSD>
        <pctVal>0.033690701235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAIC Motor Corporation Limited</name>
        <lei>N/A</lei>
        <title>SAIC MOTOR CORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000TY6"/>
          <other otherDesc="Internal" value="BP3R2D9"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>14570.34000000</valUSD>
        <pctVal>0.017990162529</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>Kweichow Moutai Co., Ltd.</name>
        <lei>N/A</lei>
        <title>KWEICHOW MOUTAI CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000018R8"/>
          <other otherDesc="Internal" value="BP3R2F1"/>
        </identifiers>
        <balance>1500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>293829.75000000</valUSD>
        <pctVal>0.362794894189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Communications Co., Ltd.</name>
        <lei>549300AX1UM10U30HK09</lei>
        <title>BANK OF COMMUNICATIONS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000000S2"/>
          <other otherDesc="Internal" value="BP3R2G2"/>
        </identifiers>
        <balance>60000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>59071.49000000</valUSD>
        <pctVal>0.072936232509</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA CITIC BANK CORPORATION LIMITED</name>
        <lei>300300C1030211000384</lei>
        <title>CHINA CITIC BANK CORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000000R4"/>
          <other otherDesc="Internal" value="BP3R2H3"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>8774.19000000</valUSD>
        <pctVal>0.010833590991</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CITIC Securities Company Limited</name>
        <lei>300300E1006744000068</lei>
        <title>CITIC SECURITIES CO LTD</title>
        <cusip>Y1639N109</cusip>
        <identifiers>
          <isin value="CNE000001DB6"/>
          <other otherDesc="Internal" value="BP3R2J5"/>
        </identifiers>
        <balance>13875.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>53462.99000000</valUSD>
        <pctVal>0.066011354534</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA PACIFIC INSURANCE (GROUP) CO., LTD.</name>
        <lei>529900BA5ILEL308WX03</lei>
        <title>CHINA PACIFIC INSURANCE GROUP CO LTD</title>
        <cusip>Y1505Z111</cusip>
        <identifiers>
          <isin value="CNE1000008M8"/>
          <other otherDesc="Internal" value="BP3R2K6"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>38058.98000000</valUSD>
        <pctVal>0.046991850287</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Yangtze Power Co., Ltd.</name>
        <lei>N/A</lei>
        <title>CHINA YANGTZE POWER CO LTD</title>
        <cusip>Y1516Q142</cusip>
        <identifiers>
          <isin value="CNE000001G87"/>
          <other otherDesc="Internal" value="BP3R2M8"/>
        </identifiers>
        <balance>28056.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>115080.48000000</valUSD>
        <pctVal>0.142091161854</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daqin Railway Co., Ltd.</name>
        <lei>N/A</lei>
        <title>DAQIN RAILWAY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001NG4"/>
          <other otherDesc="Internal" value="BP3R2N9"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>15343.00000000</valUSD>
        <pctVal>0.018944174514</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA EVERBRIGHT BANK COMPANY LIMITED</name>
        <lei>549300U6PKQ4H1P34E17</lei>
        <title>CHINA EVERBRIGHT BANK CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000SL4"/>
          <other otherDesc="Internal" value="BP3R2P1"/>
        </identifiers>
        <balance>56000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>25660.36000000</valUSD>
        <pctVal>0.031683134846</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China State Construction Engineering Corporation Limited</name>
        <lei>N/A</lei>
        <title>CHINA STATE CONSTRUCTION ENGINEERING CORP LTD</title>
        <cusip>Y1R16Z106</cusip>
        <identifiers>
          <isin value="CNE100000F46"/>
          <other otherDesc="Internal" value="BP3R2Q2"/>
        </identifiers>
        <balance>48000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>34254.36000000</valUSD>
        <pctVal>0.042294243219</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>HUA XIA BANK CO., Limited</name>
        <lei>300300AKNDEHIGVDZW37</lei>
        <title>HUAXIA BANK CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001FW7"/>
          <other otherDesc="Internal" value="BP3R2T5"/>
        </identifiers>
        <balance>16000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>15869.21000000</valUSD>
        <pctVal>0.019593891914</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Inner Mongolia Yili Industrial Group Co., Ltd.</name>
        <lei>N/A</lei>
        <title>INNER MONGOLIA YILI INDUSTRIAL GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000JP5"/>
          <other otherDesc="Internal" value="BP3R2V7"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>31820.78000000</valUSD>
        <pctVal>0.039289474646</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Beijing Co., Ltd.</name>
        <lei>300300C1080211000042</lei>
        <title>BANK OF BEIJING CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000734"/>
          <other otherDesc="Internal" value="BP3R2W8"/>
        </identifiers>
        <balance>24090.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>18124.56000000</valUSD>
        <pctVal>0.022378597903</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China United Network Communications Limited</name>
        <lei>N/A</lei>
        <title>CHINA UNITED NETWORK COMMUNICATIONS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001CS2"/>
          <other otherDesc="Internal" value="BP3R2X9"/>
        </identifiers>
        <balance>36100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>23218.03000000</valUSD>
        <pctVal>0.028667562549</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>Baoshan Iron &amp; Steel Co.,Ltd.</name>
        <lei>N/A</lei>
        <title>BAOSHAN IRON STEEL CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000015R4"/>
          <other otherDesc="Internal" value="BP3R2Y0"/>
        </identifiers>
        <balance>24000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>21411.45000000</valUSD>
        <pctVal>0.026436957922</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>ANHUI CONCH CEMENT COMPANY LIMITED</name>
        <lei>N/A</lei>
        <title>ANHUI CONCH CEMENT CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000019V8"/>
          <other otherDesc="Internal" value="BP3R2Z1"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>11913.74000000</valUSD>
        <pctVal>0.014710028656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA MERCHANTS SECURITIES CO.,LTD</name>
        <lei>N/A</lei>
        <title>CHINA MERCHANTS SECURITIES CO LTD</title>
        <cusip>Y14904109</cusip>
        <identifiers>
          <isin value="CNE100000HK9"/>
          <other otherDesc="Internal" value="BP3R303"/>
        </identifiers>
        <balance>10250.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>25757.55000000</valUSD>
        <pctVal>0.031803136431</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>HUANENG POWER INTERNATIONAL, INC.</name>
        <lei>N/A</lei>
        <title>HUANENG POWER INTERNATIONAL INC</title>
        <cusip>Y3744A113</cusip>
        <identifiers>
          <isin value="CNE000001998"/>
          <other otherDesc="Internal" value="BP3R314"/>
        </identifiers>
        <balance>7500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>9833.93000000</valUSD>
        <pctVal>0.012142063878</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>Poly Developments and Holdings Group Co., Ltd.</name>
        <lei>N/A</lei>
        <title>POLY DEVELOPMENTS AND HOLDINGS GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001ND1"/>
          <other otherDesc="Internal" value="BP3R336"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>10236.23000000</valUSD>
        <pctVal>0.012638788208</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>CRRC Corporation Limited</name>
        <lei>30030099HATQH2XC0B72</lei>
        <title>CRRC CORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000CP9"/>
          <other otherDesc="Internal" value="BP3R358"/>
        </identifiers>
        <balance>28000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>23880.69000000</valUSD>
        <pctVal>0.029485756298</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiangsu Hengrui Pharmaceuticals Co.,Ltd</name>
        <lei>2549003BT1XS3SE3E448</lei>
        <title>JIANGSU HENGRUI MEDICINE CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000014W7"/>
          <other otherDesc="Internal" value="BP3R369"/>
        </identifiers>
        <balance>8168.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>60610.93000000</valUSD>
        <pctVal>0.074836996376</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Northern Rare Earth (Group) High-Tech Co., Ltd.</name>
        <lei>N/A</lei>
        <title>CHINA NORTHERN RARE EARTH GROUP HIGH TECH CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000T18"/>
          <other otherDesc="Internal" value="BP3R370"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>28767.45000000</valUSD>
        <pctVal>0.035519493784</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUATAI SECURITIES CO.,LTD.</name>
        <lei>3003009ABT0UCWO79Q77</lei>
        <title>HUATAI SECURITIES CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000LQ8"/>
          <other otherDesc="Internal" value="BP3R3B4"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>21504.93000000</valUSD>
        <pctVal>0.026552378729</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Railway Group Limited</name>
        <lei>N/A</lei>
        <title>CHINA RAILWAY GROUP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000866"/>
          <other otherDesc="Internal" value="BP3R3D6"/>
        </identifiers>
        <balance>36600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>25794.39000000</valUSD>
        <pctVal>0.031848623193</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>NEW CHINA LIFE INSURANCE COMPANY LTD.</name>
        <lei>N/A</lei>
        <title>NEW CHINA LIFE INSURANCE CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000019Y0"/>
          <other otherDesc="Internal" value="BP3R3F8"/>
        </identifiers>
        <balance>2200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>19422.04000000</valUSD>
        <pctVal>0.023980611040</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>Haier Smart Home Co., Ltd.</name>
        <lei>3003002BYTNGNJTWSH07</lei>
        <title>HAIER SMART HOME CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000CG9"/>
          <other otherDesc="Internal" value="BP3R3G9"/>
        </identifiers>
        <balance>8079.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>24935.79000000</valUSD>
        <pctVal>0.030788500124</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SANY HEAVY INDUSTRY CO., LTD</name>
        <lei>N/A</lei>
        <title>SANY HEAVY INDUSTRY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001F70"/>
          <other otherDesc="Internal" value="BP3R3H0"/>
        </identifiers>
        <balance>12053.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>32016.72000000</valUSD>
        <pctVal>0.039531403966</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>GD POWER DEVELOPMENT CO., LTD.</name>
        <lei>N/A</lei>
        <title>GD POWER DEVELOPMENT CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000PC0"/>
          <other otherDesc="Internal" value="BP3R3J2"/>
        </identifiers>
        <balance>18700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>14235.14000000</valUSD>
        <pctVal>0.017576287323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA CONSTRUCTION BANK CORPORATION</name>
        <lei>5493001KQW6DM7KEDR62</lei>
        <title>CHINA CONSTRUCTION BANK CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000742"/>
          <other otherDesc="Internal" value="BP3R3L4"/>
        </identifiers>
        <balance>28156.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>41464.51000000</valUSD>
        <pctVal>0.051196696447</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>Shanghai Fosun Pharmaceutical (Group) Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SHANGHAI FOSUN PHARMACEUTICAL GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000X38"/>
          <other otherDesc="Internal" value="BP3R3M5"/>
        </identifiers>
        <balance>4400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>15124.43000000</valUSD>
        <pctVal>0.018674303679</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>SANAN OPTOELECTRONICS CO., LTD.</name>
        <lei>N/A</lei>
        <title>SANAN OPTOELECTRONICS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000KB3"/>
          <other otherDesc="Internal" value="BP3R3R0"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>27786.03000000</valUSD>
        <pctVal>0.034307723482</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>Wanhua Chemical Group Co., Ltd.</name>
        <lei>N/A</lei>
        <title>WANHUA CHEMICAL GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000016J9"/>
          <other otherDesc="Internal" value="BP3R3S1"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>43430.79000000</valUSD>
        <pctVal>0.053624484459</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>Shanghai Electric Group Company Limited</name>
        <lei>N/A</lei>
        <title>SHANGHAI ELECTRIC GROUP CO LTD</title>
        <cusip>Y76824112</cusip>
        <identifiers>
          <isin value="CNE100000D55"/>
          <other otherDesc="Internal" value="BP3R3T2"/>
        </identifiers>
        <balance>15300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>18251.99000000</valUSD>
        <pctVal>0.022535937156</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>Zijin Mining Group Company Limited</name>
        <lei>N/A</lei>
        <title>ZIJIN MINING GROUP CO LTD</title>
        <cusip>Y9892H115</cusip>
        <identifiers>
          <isin value="CNE100000B24"/>
          <other otherDesc="Internal" value="BP3R400"/>
        </identifiers>
        <balance>24000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>108549.60000000</valUSD>
        <pctVal>0.134027410928</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>Founder Securities Co., Ltd.</name>
        <lei>N/A</lei>
        <title>FOUNDER SECURITIES CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000015Y8"/>
          <other otherDesc="Internal" value="BP3R411"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>12225.48000000</valUSD>
        <pctVal>0.015094937537</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>SDIC Power Holdings Co., Ltd.</name>
        <lei>300300LQJ91PHBNFC721</lei>
        <title>SDIC POWER HOLDINGS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000JM2"/>
          <other otherDesc="Internal" value="BP3R433"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>16909.82000000</valUSD>
        <pctVal>0.020878744775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NARI Technology Co., Ltd.</name>
        <lei>N/A</lei>
        <title>NARI TECHNOLOGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001G38"/>
          <other otherDesc="Internal" value="BP3R444"/>
        </identifiers>
        <balance>8788.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>32344.93000000</valUSD>
        <pctVal>0.039936648541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Tourism Group Duty Free Corporation Limited</name>
        <lei>N/A</lei>
        <title>CHINA TOURISM GROUP DUTY FREE CORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000G29"/>
          <other otherDesc="Internal" value="BP3R466"/>
        </identifiers>
        <balance>2000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>17589.39000000</valUSD>
        <pctVal>0.021717817490</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>Inner Mongolia Baotou Steel Union Co., Ltd</name>
        <lei>N/A</lei>
        <title>INNER MONGOLIA BAOTOU STEEL UNION CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000017H1"/>
          <other otherDesc="Internal" value="BP3R488"/>
        </identifiers>
        <balance>60000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>20969.02000000</valUSD>
        <pctVal>0.025890684629</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>Aluminum Corporation of China Limited</name>
        <lei>N/A</lei>
        <title>ALUMINUM CORP OF CHINA LTD</title>
        <cusip>Y0094N125</cusip>
        <identifiers>
          <isin value="CNE1000000T0"/>
          <other otherDesc="Internal" value="BP3R4D3"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>20312.72000000</valUSD>
        <pctVal>0.025080343644</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>Air China Limited</name>
        <lei>213800I9TWC9K22N4502</lei>
        <title>AIR CHINA LTD</title>
        <cusip>Y002A6138</cusip>
        <identifiers>
          <isin value="CNE000001NN0"/>
          <other otherDesc="Internal" value="BP3R4G6"/>
        </identifiers>
        <balance>16000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>16093.04000000</valUSD>
        <pctVal>0.019870257330</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>TBEA CO., LTD.</name>
        <lei>N/A</lei>
        <title>TBEA CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000RB8"/>
          <other otherDesc="Internal" value="BP3R4H7"/>
        </identifiers>
        <balance>6460.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>24185.18000000</valUSD>
        <pctVal>0.029861713523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China National Chemical Engineering Co., Ltd</name>
        <lei>N/A</lei>
        <title>CHINA NATIONAL CHEMICAL ENGINEERING CO LTD</title>
        <cusip>Y1504G106</cusip>
        <identifiers>
          <isin value="CNE100000KC0"/>
          <other otherDesc="Internal" value="BP3R4J9"/>
        </identifiers>
        <balance>9000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>10263.15000000</valUSD>
        <pctVal>0.012672026635</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>Metallurgical Corporation of China Ltd.</name>
        <lei>N/A</lei>
        <title>METALLURGICAL CORP OF CHINA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000FX6"/>
          <other otherDesc="Internal" value="BP3R4K0"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>8363.94000000</valUSD>
        <pctVal>0.010327050706</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>Power Construction Corporation of China, Ltd.</name>
        <lei>N/A</lei>
        <title>POWER CONSTRUCTION CORP OF CHINA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000017G1"/>
          <other otherDesc="Internal" value="BP3R4M2"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>15795.98000000</valUSD>
        <pctVal>0.019503474010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China CSSC Holdings Limited</name>
        <lei>N/A</lei>
        <title>CHINA CSSC HOLDINGS LTD</title>
        <cusip>Y1414Q103</cusip>
        <identifiers>
          <isin value="CNE000000W05"/>
          <other otherDesc="Internal" value="BP3R4N3"/>
        </identifiers>
        <balance>8400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>46412.13000000</valUSD>
        <pctVal>0.057305578459</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiangxi Copper Company Limited</name>
        <lei>3003002E74YFQ6MEZY56</lei>
        <title>JIANGXI COPPER CO LTD</title>
        <cusip>Y4446C118</cusip>
        <identifiers>
          <isin value="CNE0000019P0"/>
          <other otherDesc="Internal" value="BP3R4R7"/>
        </identifiers>
        <balance>2400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>15473.89000000</valUSD>
        <pctVal>0.019105785868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUAYU Automotive Systems Company Limited</name>
        <lei>N/A</lei>
        <title>HUAYU AUTOMOTIVE SYSTEMS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000M15"/>
          <other otherDesc="Internal" value="BP3R4T9"/>
        </identifiers>
        <balance>4099.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>10124.35000000</valUSD>
        <pctVal>0.012500648715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Longsheng Group Co., Ltd.</name>
        <lei>N/A</lei>
        <title>ZHEJIANG LONGSHENG GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001FJ4"/>
          <other otherDesc="Internal" value="BP3R4W2"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>6630.30000000</valUSD>
        <pctVal>0.008186505916</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>SICHUAN CHUANTOU ENERGY CO., LTD.</name>
        <lei>N/A</lei>
        <title>SICHUAN CHUANTOU ENERGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000BQ0"/>
          <other otherDesc="Internal" value="BP3R4Y4"/>
        </identifiers>
        <balance>8005.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>18341.45000000</valUSD>
        <pctVal>0.022646394424</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>Shanghai Pharmaceuticals Holding Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SHANGHAI PHARMACEUTICALS HOLDING CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000C82"/>
          <other otherDesc="Internal" value="BP3R4Z5"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>9744.81000000</valUSD>
        <pctVal>0.012032026412</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>AECC AVIATION POWER CO,LTD</name>
        <lei>N/A</lei>
        <title>AECC AVIATION POWER CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000JW1"/>
          <other otherDesc="Internal" value="BP3R518"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>24543.33000000</valUSD>
        <pctVal>0.030303925352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK OF NANJING CO., LTD.</name>
        <lei>300300C1086932000062</lei>
        <title>BANK OF NANJING CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000627"/>
          <other otherDesc="Internal" value="BP3R529"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>19121.10000000</valUSD>
        <pctVal>0.023609037040</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COSCO SHIPPING Holdings Co., Ltd.</name>
        <lei>N/A</lei>
        <title>COSCO SHIPPING HOLDINGS CO LTD</title>
        <cusip>Y1839M117</cusip>
        <identifiers>
          <isin value="CNE100000601"/>
          <other otherDesc="Internal" value="BP3R552"/>
        </identifiers>
        <balance>14170.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>29616.40000000</valUSD>
        <pctVal>0.036567701889</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CMOC Group Limited</name>
        <lei>2549008KG3638J59U652</lei>
        <title>CMOC GROUP LTD</title>
        <cusip>Y1503Z113</cusip>
        <identifiers>
          <isin value="CNE100001NR0"/>
          <other otherDesc="Internal" value="BP3R574"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>54871.66000000</valUSD>
        <pctVal>0.067750655213</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>ZHONGJIN GOLD CORP., LTD</name>
        <lei>N/A</lei>
        <title>ZHONGJIN GOLD CORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001FM8"/>
          <other otherDesc="Internal" value="BP3R585"/>
        </identifiers>
        <balance>5300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>17709.58000000</valUSD>
        <pctVal>0.021866217434</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>INDUSTRIAL SECURITIES CO.,LTD.</name>
        <lei>300300E1011435000093</lei>
        <title>INDUSTRIAL SECURITIES CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000V95"/>
          <other otherDesc="Internal" value="BP3R5B8"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>10204.81000000</valUSD>
        <pctVal>0.012599993581</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>Shandong Gold Mining Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SHANDONG GOLD MINING CO LTD</title>
        <cusip>Y76831109</cusip>
        <identifiers>
          <isin value="CNE000001FR7"/>
          <other otherDesc="Internal" value="BP3R5D0"/>
        </identifiers>
        <balance>4080.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>17547.52000000</valUSD>
        <pctVal>0.021666120131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHEJIANG CHINT ELECTRICS CO., LTD</name>
        <lei>N/A</lei>
        <title>ZHEJIANG CHINT ELECTRICS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000KD8"/>
          <other otherDesc="Internal" value="BP3R5K7"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>17235.40000000</valUSD>
        <pctVal>0.021280742060</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>Jinduicheng Molybdenum Co Ltd</name>
        <lei>N/A</lei>
        <title>JINDUICHENG MOLYBDENUM CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000009Y1"/>
          <other otherDesc="Internal" value="BP3R5L8"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>14319.14000000</valUSD>
        <pctVal>0.017680003067</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>Yonghui Superstores Co., Ltd.</name>
        <lei>N/A</lei>
        <title>YONGHUI SUPERSTORES CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000XX9"/>
          <other otherDesc="Internal" value="BP3R5Q3"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>6542.26000000</valUSD>
        <pctVal>0.008077801939</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>Hainan Airlines Holding Co., Ltd.</name>
        <lei>3003001VZDGYFHX8A697</lei>
        <title>HAINAN AIRLINES HOLDING CO LTD</title>
        <cusip>Y2981E119</cusip>
        <identifiers>
          <isin value="CNE0000011C5"/>
          <other otherDesc="Internal" value="BP3R5R4"/>
        </identifiers>
        <balance>48000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>10429.69000000</valUSD>
        <pctVal>0.012877655444</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yankuang Energy Group Company Limited</name>
        <lei>3003005N7A6HYZ4Z0K39</lei>
        <title>YANKUANG ENERGY GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000WV6"/>
          <other otherDesc="Internal" value="BP3R5S5"/>
        </identifiers>
        <balance>6260.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>20171.76000000</valUSD>
        <pctVal>0.024906298748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YUTONG BUS CO., LTD.</name>
        <lei>N/A</lei>
        <title>ZHENGZHOU YUTONG BUS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000PY4"/>
          <other otherDesc="Internal" value="BP3R5T6"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>19097.45000000</valUSD>
        <pctVal>0.023579836119</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenergy Company Limited</name>
        <lei>N/A</lei>
        <title>SHENERGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000005Q7"/>
          <other otherDesc="Internal" value="BP3R5V8"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>12204.16000000</valUSD>
        <pctVal>0.015068613494</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Eastern Airlines Corporation Limited</name>
        <lei>3003000KIOQE39Q7Y685</lei>
        <title>CHINA EASTERN AIRLINES CORP LTD</title>
        <cusip>Y1407D101</cusip>
        <identifiers>
          <isin value="CNE000000TR0"/>
          <other otherDesc="Internal" value="BP3R5X0"/>
        </identifiers>
        <balance>24121.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>15641.10000000</valUSD>
        <pctVal>0.019312241934</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>Dongfang Electric Corporation Limited</name>
        <lei>N/A</lei>
        <title>DONGFANG ELECTRIC CORP LTD</title>
        <cusip>Y20958115</cusip>
        <identifiers>
          <isin value="CNE000000J28"/>
          <other otherDesc="Internal" value="BP3R604"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>20833.49000000</valUSD>
        <pctVal>0.025723344215</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>Huadian Power International Corporation Limited</name>
        <lei>N/A</lei>
        <title>HUADIAN POWER INTERNATIONAL CORP LTD</title>
        <cusip>Y3738Y119</cusip>
        <identifiers>
          <isin value="CNE000001LJ2"/>
          <other otherDesc="Internal" value="BP3R637"/>
        </identifiers>
        <balance>8600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>7068.33000000</valUSD>
        <pctVal>0.008727346480</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA XD ELECTRIC CO., LTD</name>
        <lei>N/A</lei>
        <title>CHINA XD ELECTRIC CO LTD</title>
        <cusip>Y1565A105</cusip>
        <identifiers>
          <isin value="CNE100000KW8"/>
          <other otherDesc="Internal" value="BP3R671"/>
        </identifiers>
        <balance>8200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>20087.01000000</valUSD>
        <pctVal>0.024801656971</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>Shanxi Lu'an Environmental Energy Dev. Co., Ltd</name>
        <lei>N/A</lei>
        <title>SHANXI LU AN ENVIRONMENTAL ENERGY DEVELOPMENT CO L</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001NT7"/>
          <other otherDesc="Internal" value="BP3R682"/>
        </identifiers>
        <balance>3652.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>8637.02000000</valUSD>
        <pctVal>0.010664225651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hundsun Technologies Inc.</name>
        <lei>N/A</lei>
        <title>HUNDSUN TECHNOLOGIES INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001GD5"/>
          <other otherDesc="Internal" value="BP3R6B5"/>
        </identifiers>
        <balance>3100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>11128.88000000</valUSD>
        <pctVal>0.013740953194</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>YONYOU NETWORK TECHNOLOGY CO.,LTD.</name>
        <lei>N/A</lei>
        <title>YONYOU NETWORK TECHNOLOGY CO LTD</title>
        <cusip>Y9042R104</cusip>
        <identifiers>
          <isin value="CNE0000017Y6"/>
          <other otherDesc="Internal" value="BP3R6C6"/>
        </identifiers>
        <balance>4330.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>6642.10000000</valUSD>
        <pctVal>0.008201075509</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Southern Airlines Company Limited</name>
        <lei>529900AJQ1Q18ABYVX84</lei>
        <title>CHINA SOUTHERN AIRLINES CO LTD</title>
        <cusip>Y1R16E111</cusip>
        <identifiers>
          <isin value="CNE000001FG0"/>
          <other otherDesc="Internal" value="BP3R6G0"/>
        </identifiers>
        <balance>16000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>12971.36000000</valUSD>
        <pctVal>0.016015883955</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>FUYAO GLASS INDUSTRY GROUP CO., LTD.</name>
        <lei>N/A</lei>
        <title>FUYAO GLASS INDUSTRY GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000230"/>
          <other otherDesc="Internal" value="BP3R6K4"/>
        </identifiers>
        <balance>2225.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>17326.26000000</valUSD>
        <pctVal>0.021392927923</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>Sichuan Changhong Electric Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SICHUAN CHANGHONG ELECTRIC CO LTD</title>
        <cusip>Y7931Y107</cusip>
        <identifiers>
          <isin value="CNE000000GJ4"/>
          <other otherDesc="Internal" value="BP3R6X7"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>8514.79000000</valUSD>
        <pctVal>0.010513306896</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>Soochow Securities Co., Ltd.</name>
        <lei>300300E1008532000098</lei>
        <title>SOOCHOW SECURITIES CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000019P8"/>
          <other otherDesc="Internal" value="BP3R6Z9"/>
        </identifiers>
        <balance>12052.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>13963.97000000</valUSD>
        <pctVal>0.017241470676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang China Commodities City Group Co., Ltd</name>
        <lei>N/A</lei>
        <title>ZHEJIANG CHINA COMMODITIES CITY GROUP CO LTD</title>
        <cusip>Y98916102</cusip>
        <identifiers>
          <isin value="CNE000001BC8"/>
          <other otherDesc="Internal" value="BP3R789"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>7554.97000000</valUSD>
        <pctVal>0.009328206356</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>INNER MONGOLIA JUNZHENG ENERGY &amp; CHEMICAL GROUP CO., LTD.</name>
        <lei>N/A</lei>
        <title>INNER MONGOLIA JUNZHENG ENERGY CHEMICAL INDUSTRY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000010F8"/>
          <other otherDesc="Internal" value="BP3R7B2"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>6057.51000000</valUSD>
        <pctVal>0.007479275667</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>Western Mining Co., Ltd.</name>
        <lei>N/A</lei>
        <title>WESTERN MINING CO LTD</title>
        <cusip>Y9535G102</cusip>
        <identifiers>
          <isin value="CNE100000619"/>
          <other otherDesc="Internal" value="BP3R7X4"/>
        </identifiers>
        <balance>4156.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>18800.40000000</valUSD>
        <pctVal>0.023213065146</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>ZHANGZHOU PIENTZEHUANG PHARMACEUTICAL CO., LTD.</name>
        <lei>N/A</lei>
        <title>ZHANGZHOU PIENTZEHUANG PHARMACEUTICAL CO LTD</title>
        <cusip>Y9890Q109</cusip>
        <identifiers>
          <isin value="CNE000001F21"/>
          <other otherDesc="Internal" value="BP3R7Z6"/>
        </identifiers>
        <balance>900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>17082.61000000</valUSD>
        <pctVal>0.021092090530</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHANXI XINGHUACUN FEN WINE FACTORY CO., LTD.</name>
        <lei>N/A</lei>
        <title>SHANXI XINGHUACUN FEN WINE FACTORY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000DH5"/>
          <other otherDesc="Internal" value="BP3R820"/>
        </identifiers>
        <balance>1360.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>25795.82000000</valUSD>
        <pctVal>0.031850388830</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Merchants Energy Shipping Co., Ltd.</name>
        <lei>N/A</lei>
        <title>CHINA MERCHANTS ENERGY SHIPPING CO LTD</title>
        <cusip>Y15039129</cusip>
        <identifiers>
          <isin value="CNE000001PQ8"/>
          <other otherDesc="Internal" value="BP3R8G4"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>18765.22000000</valUSD>
        <pctVal>0.023169628005</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Juhua Co., Ltd.</name>
        <lei>N/A</lei>
        <title>ZHEJIANG JUHUA CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000WQ6"/>
          <other otherDesc="Internal" value="BP3R983"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>19541.02000000</valUSD>
        <pctVal>0.024127516983</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>Shandong Nanshan Aluminium Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SHANDONG NANSHAN ALUMINUM CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001139"/>
          <other otherDesc="Internal" value="BP3R9D8"/>
        </identifiers>
        <balance>16000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>12315.87000000</valUSD>
        <pctVal>0.015206543086</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>SHANGHAI ELECTRIC POWER CO., LTD.</name>
        <lei>N/A</lei>
        <title>SHANGHAI ELECTRIC POWER CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001G53"/>
          <other otherDesc="Internal" value="BP3R9L6"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>13173.10000000</valUSD>
        <pctVal>0.016264974600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiangsu Zhongtian Technology Co., Ltd.</name>
        <lei>N/A</lei>
        <title>JIANGSU ZHONGTIAN TECHNOLOGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001CW4"/>
          <other otherDesc="Internal" value="BP3R9T4"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>24888.39000000</valUSD>
        <pctVal>0.030729974812</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>COSCO Shipping Energy Transportation Co., Ltd.</name>
        <lei>N/A</lei>
        <title>COSCO SHIPPING ENERGY TRANSPORTATION CO LTD</title>
        <cusip>Y1765K119</cusip>
        <identifiers>
          <isin value="CNE000001BD6"/>
          <other otherDesc="Internal" value="BP3R9Y9"/>
        </identifiers>
        <balance>3500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>10083.05000000</valUSD>
        <pctVal>0.012449655141</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>Sichuan Road &amp; Bridge Group Co.,Ltd.</name>
        <lei>N/A</lei>
        <title>SICHUAN ROAD AND BRIDGE GROUP CO LTD</title>
        <cusip>Y7932N100</cusip>
        <identifiers>
          <isin value="CNE000001DQ4"/>
          <other otherDesc="Internal" value="BP3RBG5"/>
        </identifiers>
        <balance>9388.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>12136.01000000</valUSD>
        <pctVal>0.014984467923</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>Shengyi Technology Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SHENGYI TECHNOLOGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000XL5"/>
          <other otherDesc="Internal" value="BP3RC39"/>
        </identifiers>
        <balance>2500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>51871.67000000</valUSD>
        <pctVal>0.064046533848</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>TONGWEI CO.,LTD</name>
        <lei>N/A</lei>
        <title>TONGWEI CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001GS3"/>
          <other otherDesc="Internal" value="BP3RCK6"/>
        </identifiers>
        <balance>5695.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>12437.20000000</valUSD>
        <pctVal>0.015356350601</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>Shanghai Baosight Software Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SHANGHAI BAOSIGHT SOFTWARE CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000C66"/>
          <other otherDesc="Internal" value="BP3RCN9"/>
        </identifiers>
        <balance>4020.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>12002.75000000</valUSD>
        <pctVal>0.014819930303</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>JCET Group Co., Ltd.</name>
        <lei>N/A</lei>
        <title>JCET GROUP CO LTD</title>
        <cusip>Y4447T102</cusip>
        <identifiers>
          <isin value="CNE000001F05"/>
          <other otherDesc="Internal" value="BP3RCQ2"/>
        </identifiers>
        <balance>2400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>29152.10000000</valUSD>
        <pctVal>0.035994425461</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>Hangzhou Silan Microelectronics Co., Ltd.</name>
        <lei>N/A</lei>
        <title>HANGZHOU SILAN MICROELECTRONICS CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001DN1"/>
          <other otherDesc="Internal" value="BP3RCV7"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>40922.65000000</valUSD>
        <pctVal>0.050527655816</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>SHANDONG HUALU-HENGSHENG CHEMICAL CO.,LTD</name>
        <lei>N/A</lei>
        <title>SHANDONG HUALU HENGSHENG CHEMICAL CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001BM7"/>
          <other otherDesc="Internal" value="BP3RDC5"/>
        </identifiers>
        <balance>2040.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>8874.28000000</valUSD>
        <pctVal>0.010957173239</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINA JUSHI CO., LTD</name>
        <lei>N/A</lei>
        <title>CHINA JUSHI CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000YM1"/>
          <other otherDesc="Internal" value="BP3RDW5"/>
        </identifiers>
        <balance>8673.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>54048.50000000</valUSD>
        <pctVal>0.066734290311</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiangsu Hengli Hydraulic Co Ltd</name>
        <lei>N/A</lei>
        <title>JIANGSU HENGLI HYDRAULIC CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000019R4"/>
          <other otherDesc="Internal" value="BP3RFJ6"/>
        </identifiers>
        <balance>1400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>22583.13000000</valUSD>
        <pctVal>0.027883644385</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>Hengtong Optic-Electric CO.,LTD</name>
        <lei>655600VKTXMT2WKBE151</lei>
        <title>HENGTONG OPTIC ELECTRIC CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001FQ9"/>
          <other otherDesc="Internal" value="BP3RFS5"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>45642.35000000</valUSD>
        <pctVal>0.056355122443</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>NINGBO SANXING MEDICAL ELECTRIC Co.,Ltd.</name>
        <lei>N/A</lei>
        <title>NINGBO SANXING MEDICAL ELECTRIC CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001567"/>
          <other otherDesc="Internal" value="BP3RJG1"/>
        </identifiers>
        <balance>4200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>10152.59000000</valUSD>
        <pctVal>0.012535516961</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>FSN E-COMMERCE VENTURES LIMITED</name>
        <lei>335800X5BJYC18NHDQ91</lei>
        <title>FSN E COMMERCE VENTURES LTD</title>
        <cusip>Y2R5BZ117</cusip>
        <identifiers>
          <isin value="INE388Y01029"/>
          <other otherDesc="Internal" value="BP4DCB4"/>
        </identifiers>
        <balance>22920.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>63043.42000000</valUSD>
        <pctVal>0.077840419114</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PB Fintech Ltd</name>
        <lei>98450083AC6B01HF1F87</lei>
        <title>PB FINTECH LTD</title>
        <cusip>Y67616287</cusip>
        <identifiers>
          <isin value="INE417T01026"/>
          <other otherDesc="Internal" value="BP4DVR3"/>
        </identifiers>
        <balance>6480.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>116064.43000000</valUSD>
        <pctVal>0.143306055976</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XPENG INC.</name>
        <lei>549300TZNMIREMWQU857</lei>
        <title>XPENG INC</title>
        <cusip>G982AW100</cusip>
        <identifiers>
          <isin value="KYG982AW1003"/>
          <other otherDesc="Internal" value="BP6FB33"/>
        </identifiers>
        <balance>22326.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>181598.61000000</valUSD>
        <pctVal>0.224221844451</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>Eastroc Beverage (Group) Co Ltd</name>
        <lei>N/A</lei>
        <title>EASTROC BEVERAGE GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005576"/>
          <other otherDesc="Internal" value="BP91NL0"/>
        </identifiers>
        <balance>1183.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>24907.47000000</valUSD>
        <pctVal>0.030753533102</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Resources Microelectronics Limited</name>
        <lei>N/A</lei>
        <title>CHINA RESOURCES MICROELECTRONICS LTD</title>
        <cusip>E100003S9</cusip>
        <identifiers>
          <isin value="CNE100003S06"/>
          <other otherDesc="Internal" value="BP91NW1"/>
        </identifiers>
        <balance>1600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>15174.52000000</valUSD>
        <pctVal>0.018736150365</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>Trina Solar Co., Ltd.</name>
        <lei>30030040IFQ4UMZDUU48</lei>
        <title>TRINA SOLAR CO LTD</title>
        <cusip>Y897BJ108</cusip>
        <identifiers>
          <isin value="CNE100003ZR0"/>
          <other otherDesc="Internal" value="BP91P03"/>
        </identifiers>
        <balance>3100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>7067.02000000</valUSD>
        <pctVal>0.008725729008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Three Gorges Renewables (Group) Co., Ltd.</name>
        <lei>N/A</lei>
        <title>CHINA THREE GORGES RENEWABLES GROUP CO LTD</title>
        <cusip>Y1521K106</cusip>
        <identifiers>
          <isin value="CNE1000051F2"/>
          <other otherDesc="Internal" value="BP91P36"/>
        </identifiers>
        <balance>28000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>17259.14000000</valUSD>
        <pctVal>0.021310054104</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>Vibra Energia S.A.</name>
        <lei>549300U7VLJ3SYVNY689</lei>
        <title>VIBRA ENERGIA SA</title>
        <cusip>P9785J111</cusip>
        <identifiers>
          <isin value="BRVBBRACNOR1"/>
          <other otherDesc="Internal" value="BPBLV81"/>
        </identifiers>
        <balance>19494.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>114964.96000000</valUSD>
        <pctVal>0.141948528012</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>AXIS BANK LIMITED</name>
        <lei>549300HVNWMJPOFVNI41</lei>
        <title>AXIS BANK LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE238A01034"/>
          <other otherDesc="Internal" value="BPFJHC7"/>
        </identifiers>
        <balance>41877.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>567190.49000000</valUSD>
        <pctVal>0.700316471714</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SenseTime Group Inc</name>
        <lei>N/A</lei>
        <title>SENSETIME GROUP INC</title>
        <cusip>G8062L104</cusip>
        <identifiers>
          <isin value="KYG8062L1041"/>
          <other otherDesc="Internal" value="BPK3C96"/>
        </identifiers>
        <balance>540000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>114661.40000000</valUSD>
        <pctVal>0.141573719068</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>TATA STEEL LIMITED</name>
        <lei>335800E6C75YGSGD5T66</lei>
        <title>TATA STEEL LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE081A01020"/>
          <other otherDesc="Internal" value="BPQWCZ3"/>
        </identifiers>
        <balance>135600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>297163.76000000</valUSD>
        <pctVal>0.366911433801</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NIO INC.</name>
        <lei>549300JBU4TV5OCKJV96</lei>
        <title>NIO INC</title>
        <cusip>G6525F102</cusip>
        <identifiers>
          <isin value="KYG6525F1028"/>
          <other otherDesc="Internal" value="BPR9XV6"/>
        </identifiers>
        <balance>34042.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>191814.53000000</valUSD>
        <pctVal>0.236835555675</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>Capital Securities Corporation Limited</name>
        <lei>300300E1001911000094</lei>
        <title>CAPITAL SECURITIES CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005VG7"/>
          <other otherDesc="Internal" value="BPXYT73"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>8608.58000000</valUSD>
        <pctVal>0.010629110463</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>Sichuan Kelun-Biotech Biopharmaceutical Co Ltd</name>
        <lei>N/A</lei>
        <title>SICHUAN KELUN BIOTECH BIOPHARMACEUTICAL CO LTD</title>
        <cusip>Y793HA102</cusip>
        <identifiers>
          <isin value="CNE1000062J1"/>
          <other otherDesc="Internal" value="BPXZ192"/>
        </identifiers>
        <balance>900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>53003.05000000</valUSD>
        <pctVal>0.065443461448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DR.REDDY'S LABORATORIES LTD</name>
        <lei>335800OVDPY3DVZR2798</lei>
        <title>DR REDDY S LABORATORIES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE089A01031"/>
          <other otherDesc="Internal" value="BQ2KJW4"/>
        </identifiers>
        <balance>9480.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>130647.13000000</valUSD>
        <pctVal>0.161311479536</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZANGGE MINING COMPANY LIMITED</name>
        <lei>N/A</lei>
        <title>ZANGGE MINING CO LTD</title>
        <cusip>Y9885K117</cusip>
        <identifiers>
          <isin value="CNE000000L08"/>
          <other otherDesc="Internal" value="BQ3RQ45"/>
        </identifiers>
        <balance>1800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>20542.39000000</valUSD>
        <pctVal>0.025363919774</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>Shanghai Rural Commercial Bank Co., Ltd.</name>
        <lei>300300C1122131000095</lei>
        <title>SHANGHAI RURAL COMMERCIAL BANK CO LTD</title>
        <cusip>Y7690Q113</cusip>
        <identifiers>
          <isin value="CNE100004QD7"/>
          <other otherDesc="Internal" value="BQ3RWZ8"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>15079.44000000</valUSD>
        <pctVal>0.018618754020</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>MANKIND PHARMA LIMITED</name>
        <lei>33580067G8AZ7S8NYA02</lei>
        <title>MANKIND PHARMA LTD</title>
        <cusip>Y57688114</cusip>
        <identifiers>
          <isin value="INE634S01028"/>
          <other otherDesc="Internal" value="BQ98SK2"/>
        </identifiers>
        <balance>2400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>59999.37000000</valUSD>
        <pctVal>0.074081896372</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Midea Group Co., Ltd.</name>
        <lei>3003003TRPHLHZD2IF61</lei>
        <title>MIDEA GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100006M58"/>
          <other otherDesc="Internal" value="BQB7ZL7"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>87500.65000000</valUSD>
        <pctVal>0.108038035829</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>VARUN BEVERAGES LIMITED</name>
        <lei>33580058NWEMWBDNMD48</lei>
        <title>VARUN BEVERAGES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE200M01039"/>
          <other otherDesc="Internal" value="BQB80M6"/>
        </identifiers>
        <balance>24800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>137729.66000000</valUSD>
        <pctVal>0.170056358916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nestle India Ltd</name>
        <lei>3358008SYYY9CPWH5D94</lei>
        <title>NESTLE INDIA LTD</title>
        <cusip>Y6268T145</cusip>
        <identifiers>
          <isin value="INE239A01024"/>
          <other otherDesc="Internal" value="BQB8GH3"/>
        </identifiers>
        <balance>11686.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>174859.46000000</valUSD>
        <pctVal>0.215900940216</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>HAVELLS INDIA LIMITED</name>
        <lei>549300U1LOGHTTNT7D47</lei>
        <title>HAVELLS INDIA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE176B01034"/>
          <other otherDesc="Internal" value="BQGZWP9"/>
        </identifiers>
        <balance>4187.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>51873.74000000</valUSD>
        <pctVal>0.064049089700</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WuXi XDC Cayman Inc</name>
        <lei>549300BV0TP5RVPBYO24</lei>
        <title>WUXI XDC CAYMAN INC</title>
        <cusip>G9808A105</cusip>
        <identifiers>
          <isin value="KYG9808A1058"/>
          <other otherDesc="Internal" value="BQHNQ38"/>
        </identifiers>
        <balance>6000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>42060.00000000</valUSD>
        <pctVal>0.051931954642</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>MINISO GROUP HOLDING LIMITED</name>
        <lei>2549006PIKT2YKNBL092</lei>
        <title>MINISO GROUP HOLDING LTD</title>
        <cusip>G6180F108</cusip>
        <identifiers>
          <isin value="KYG6180F1081"/>
          <other otherDesc="Internal" value="BQKNM37"/>
        </identifiers>
        <balance>8020.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>26310.64000000</valUSD>
        <pctVal>0.032486042869</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>JIO FINANCIAL SERVICES LIMITED</name>
        <lei>3358003O268Q1OGBQR42</lei>
        <title>JIO FINANCIAL SERVICES LTD</title>
        <cusip>Y7S377109</cusip>
        <identifiers>
          <isin value="INE758E01017"/>
          <other otherDesc="Internal" value="BQPG2F3"/>
        </identifiers>
        <balance>51489.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>129483.39000000</valUSD>
        <pctVal>0.159874596681</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hygon Information Technology Co Ltd</name>
        <lei>N/A</lei>
        <title>HYGON INFORMATION TECHNOLOGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100005PT2"/>
          <other otherDesc="Internal" value="BQZDHW6"/>
        </identifiers>
        <balance>2729.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>118813.95000000</valUSD>
        <pctVal>0.146700919217</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>ASTRAL LIMITED</name>
        <lei>3358007M1SKFTVDRMC40</lei>
        <title>ASTRAL POLY TECHNIK LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE006I01046"/>
          <other otherDesc="Internal" value="BR2NB24"/>
        </identifiers>
        <balance>2378.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>39465.81000000</valUSD>
        <pctVal>0.048728879097</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XtalPi Holdings Limited</name>
        <lei>8368004IS42UJ5SVEV76</lei>
        <title>XTALPI HOLDINGS LTD</title>
        <cusip>G7S12M105</cusip>
        <identifiers>
          <isin value="KYG7S12M1051"/>
          <other otherDesc="Internal" value="BR3Y6S7"/>
        </identifiers>
        <balance>31000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>32605.93000000</valUSD>
        <pctVal>0.040258908174</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>HYUNDAI MOTOR INDIA LIMITED</name>
        <lei>335800HWX9HKN9N12M74</lei>
        <title>HYUNDAI MOTOR INDIA LTD</title>
        <cusip>Y3824T115</cusip>
        <identifiers>
          <isin value="INE0V6F01027"/>
          <other otherDesc="Internal" value="BR4TRD3"/>
        </identifiers>
        <balance>811.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>16414.16000000</valUSD>
        <pctVal>0.020266747803</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ubtech Robotics Corp Ltd.</name>
        <lei>836800LIVMBW69Z2WT05</lei>
        <title>UBTECH ROBOTICS CORP LTD</title>
        <cusip>Y901ER107</cusip>
        <identifiers>
          <isin value="CNE100006CQ4"/>
          <other otherDesc="Internal" value="BR4VSK3"/>
        </identifiers>
        <balance>3500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>45678.28000000</valUSD>
        <pctVal>0.056399485618</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>HINDUSTAN AERONAUTICS LIMITED</name>
        <lei>335800AKDC7T933T3I86</lei>
        <title>HINDUSTAN AERONAUTICS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE066F01020"/>
          <other otherDesc="Internal" value="BR56KD4"/>
        </identifiers>
        <balance>3533.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>160002.28000000</valUSD>
        <pctVal>0.197556613115</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="non-U.S. government agency" issuerCat="OTHER"/>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUA HONG SEMICONDUCTOR LIMITED</name>
        <lei>N/A</lei>
        <title>HUA HONG SEMICONDUCTOR LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0000218211"/>
          <other otherDesc="Internal" value="BRB3857"/>
        </identifiers>
        <balance>14345.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>295629.29000000</valUSD>
        <pctVal>0.365016806449</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>J&amp;T Global Express Limited</name>
        <lei>2549009MQXHGQY558V11</lei>
        <title>J T GLOBAL EXPRESS LTD</title>
        <cusip>G4990A104</cusip>
        <identifiers>
          <isin value="KYG4990A1040"/>
          <other otherDesc="Internal" value="BRBTW19"/>
        </identifiers>
        <balance>48000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>55307.58000000</valUSD>
        <pctVal>0.068288890535</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>LONGi Green Energy Technology Co., Ltd.</name>
        <lei>N/A</lei>
        <title>LONGI GREEN ENERGY TECHNOLOGY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001FR6"/>
          <other otherDesc="Internal" value="BRTL411"/>
        </identifiers>
        <balance>12048.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>24739.55000000</valUSD>
        <pctVal>0.030546200391</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>ALIBABA HEALTH INFORMATION TECHNOLOGY LIMITED</name>
        <lei>529900GE9653COPX1I86</lei>
        <title>ALIBABA HEALTH INFORMATION TECHNOLOGY LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG0171K1018"/>
          <other otherDesc="Internal" value="BRXVS60"/>
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        <balance>114000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>52720.51000000</valUSD>
        <pctVal>0.065094606135</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="49945.74631500"/>
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      </invstOrSec>
      <invstOrSec>
        <name>SHRIRAM FINANCE LIMITED</name>
        <lei>335800TM2YO24B76XL26</lei>
        <title>SHRIRAM FINANCE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE721A01047"/>
          <other otherDesc="Internal" value="BS4DBX0"/>
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        <balance>26240.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>261565.45000000</valUSD>
        <pctVal>0.322957800414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>THE CANARA BANK LIMITED</name>
        <lei>335800E4RH82Z8XC3C30</lei>
        <title>CANARA BANK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE476A01022"/>
          <other otherDesc="Internal" value="BS5WYP9"/>
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        <balance>34760.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>47855.06000000</valUSD>
        <pctVal>0.059087180345</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Horizon Robotics</name>
        <lei>N/A</lei>
        <title>HORIZON ROBOTICS</title>
        <cusip>G4602S105</cusip>
        <identifiers>
          <isin value="KYG4602S1057"/>
          <other otherDesc="Internal" value="BS5YNY7"/>
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        <balance>100200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>67887.32000000</valUSD>
        <pctVal>0.083821236876</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="20732.05580800"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Zheneng Electric Power CO., LTD</name>
        <lei>N/A</lei>
        <title>ZHEJIANG ZHENENG ELECTRIC POWER CO LTD</title>
        <cusip>Y9897X107</cusip>
        <identifiers>
          <isin value="CNE100001SP3"/>
          <other otherDesc="Internal" value="BS7K3K9"/>
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        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>11477.47000000</valUSD>
        <pctVal>0.014171361185</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>Shaanxi Coal Industry Company Limited</name>
        <lei>N/A</lei>
        <title>SHAANXI COAL INDUSTRY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001T64"/>
          <other otherDesc="Internal" value="BS7K5P8"/>
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        <balance>11305.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>42998.35000000</valUSD>
        <pctVal>0.053090545931</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>Laopu Gold Co Ltd</name>
        <lei>2549003X1NWK88OCWI97</lei>
        <title>LAOPU GOLD CO LTD</title>
        <cusip>Y5S72L108</cusip>
        <identifiers>
          <isin value="CNE100006JG0"/>
          <other otherDesc="Internal" value="BS854D3"/>
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        <balance>500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>32069.20000000</valUSD>
        <pctVal>0.039596201612</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="25655.36000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CGN Power Co., Ltd.</name>
        <lei>N/A</lei>
        <title>CGN POWER CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001T80"/>
          <other otherDesc="Internal" value="BSBMM04"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>79143.61000000</valUSD>
        <pctVal>0.097719504630</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>Yangtze Optical Fibre and Cable Joint Stock Limited Company</name>
        <lei>836800VT7MZILX431W47</lei>
        <title>YANGTZE OPTICAL FIBRE CABLE JOINT STOCK LTD CO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001T72"/>
          <other otherDesc="Internal" value="BSBND71"/>
        </identifiers>
        <balance>7500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>216247.69000000</valUSD>
        <pctVal>0.267003452891</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>Zijin Gold International Co Ltd</name>
        <lei>254900FINUJR4MZ8A417</lei>
        <title>ZIJIN GOLD INTERNATIONAL CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0001200002"/>
          <other otherDesc="Internal" value="BSD3B20"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>66411.88000000</valUSD>
        <pctVal>0.081999494528</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>SWIGGY LIMITED</name>
        <lei>335800R11DC3QR7KH186</lei>
        <title>SWIGGY LTD</title>
        <cusip>Y1R0BL103</cusip>
        <identifiers>
          <isin value="INE00H001014"/>
          <other otherDesc="Internal" value="BSF1LT9"/>
        </identifiers>
        <balance>24173.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>65507.57000000</valUSD>
        <pctVal>0.080882932809</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WAAREE ENERGIES LIMITED</name>
        <lei>335800TCF9YCJG3VRZ10</lei>
        <title>WAAREE ENERGIES LTD</title>
        <cusip>Y93804105</cusip>
        <identifiers>
          <isin value="INE377N01017"/>
          <other otherDesc="Internal" value="BSFVC74"/>
        </identifiers>
        <balance>1750.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>57821.72000000</valUSD>
        <pctVal>0.071393127446</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TATA MOTORS LIMITED</name>
        <lei>335800ZFUZ3FBKQASV25</lei>
        <title>TATA MOTORS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE1TAE01010"/>
          <other otherDesc="Internal" value="BSNRFT7"/>
        </identifiers>
        <balance>36984.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>147646.65000000</valUSD>
        <pctVal>0.182300977910</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State Bank of India</name>
        <lei>5493001JZ37UBBZF6L49</lei>
        <title>STATE BANK OF INDIA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE062A01020"/>
          <other otherDesc="Internal" value="BSQCB24"/>
        </identifiers>
        <balance>32526.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>330129.83000000</valUSD>
        <pctVal>0.407615010881</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VISHAL MEGA MART LIMITED</name>
        <lei>335800AL4QPSIFSU3936</lei>
        <title>VISHAL MEGA MART LTD</title>
        <cusip>Y73033105</cusip>
        <identifiers>
          <isin value="INE01EA01019"/>
          <other otherDesc="Internal" value="BSSDKB7"/>
        </identifiers>
        <balance>34246.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>43824.35000000</valUSD>
        <pctVal>0.054110417414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICICI BANK LIMITED</name>
        <lei>R7RX8ER1V4666J8D1I38</lei>
        <title>ICICI BANK LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE090A01021"/>
          <other otherDesc="Internal" value="BSZ2BY7"/>
        </identifiers>
        <balance>96640.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>1277507.90000000</valUSD>
        <pctVal>1.577353359917</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Contemporary Amperex Technology Co., Ltd.</name>
        <lei>300300KINDY1K0E9I032</lei>
        <title>CONTEMPORARY AMPEREX TECHNOLOGY CO LTD</title>
        <cusip>Y1R48E113</cusip>
        <identifiers>
          <isin value="CNE100006WS8"/>
          <other otherDesc="Internal" value="BT9QPW8"/>
        </identifiers>
        <balance>3300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>311831.44000000</valUSD>
        <pctVal>0.385021783123</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>PUNJAB NATIONAL BANK</name>
        <lei>335800LE3GBR6I412V82</lei>
        <title>PUNJAB NATIONAL BANK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE160A01022"/>
          <other otherDesc="Internal" value="BTDV035"/>
        </identifiers>
        <balance>40680.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>45404.55000000</valUSD>
        <pctVal>0.056061508111</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BAJAJ FINANCE LIMITED</name>
        <lei>335800YTEXC3DO4Z6F68</lei>
        <title>BAJAJ FINANCE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE296A01032"/>
          <other otherDesc="Internal" value="BTFGH15"/>
        </identifiers>
        <balance>50916.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>486866.02000000</valUSD>
        <pctVal>0.601138945971</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Foshan Haitian Flavouring and Food Co Ltd</name>
        <lei>N/A</lei>
        <title>FOSHAN HAITIAN FLAVOURING FOOD CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001SL2"/>
          <other otherDesc="Internal" value="BTFRHX0"/>
        </identifiers>
        <balance>5641.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>29959.90000000</valUSD>
        <pctVal>0.036991825199</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jiangsu King's Luck Brewery Joint-Stock Co Ltd</name>
        <lei>N/A</lei>
        <title>JIANGSU KING S LUCK BREWERY JSC LTD</title>
        <cusip>Y444JU106</cusip>
        <identifiers>
          <isin value="CNE100001TH8"/>
          <other otherDesc="Internal" value="BTFRHZ2"/>
        </identifiers>
        <balance>2200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>9853.22000000</valUSD>
        <pctVal>0.012165881457</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INFO EDGE (INDIA) LIMITED</name>
        <lei>335800MXUVHTBF9DEC78</lei>
        <title>INFO EDGE INDIA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE663F01032"/>
          <other otherDesc="Internal" value="BTJVLJ2"/>
        </identifiers>
        <balance>6448.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>67496.90000000</valUSD>
        <pctVal>0.083339180915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EMBRAER S.A.</name>
        <lei>549300EM51WYXFHUY333</lei>
        <title>EMBRAER SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BREMBJACNOR1"/>
          <other otherDesc="Internal" value="BTRD974"/>
        </identifiers>
        <balance>13053.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>189874.05000000</valUSD>
        <pctVal>0.234439623213</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>China Tower Corporation Limited</name>
        <lei>N/A</lei>
        <title>CHINA TOWER CORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100006V65"/>
          <other otherDesc="Internal" value="BTVMCY5"/>
        </identifiers>
        <balance>80000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>101217.34000000</valUSD>
        <pctVal>0.124974187111</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>Siemens Energy India Ltd</name>
        <lei>335800AEZO3CVXCSA716</lei>
        <title>SIEMENS ENERGY INDIA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE1NPP01017"/>
          <other otherDesc="Internal" value="BTWMYX7"/>
        </identifiers>
        <balance>1620.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>66027.32000000</valUSD>
        <pctVal>0.081524673975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VEDANTA ALUMINIUM METAL LIMITED</name>
        <lei>335800NL21ZO4I8KAA12</lei>
        <title>VEDANTA ALUMINIUM METAL LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE1CDF01017"/>
          <other otherDesc="Internal" value="BTXZ178"/>
        </identifiers>
        <balance>25431.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>32397.76000000</valUSD>
        <pctVal>0.040001878336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TALWANDI SABO POWER LIMITED</name>
        <lei>335800KDZAEK1ZA1G908</lei>
        <title>TALWANDI SABO POWER LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE694L01019"/>
          <other otherDesc="Internal" value="BTXZ189"/>
        </identifiers>
        <balance>25431.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>32397.76000000</valUSD>
        <pctVal>0.040001878336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vedanta Iron and Steel Ltd</name>
        <lei>335800Y89YF7J22XIQ21</lei>
        <title>VEDANTA IRON AND STEEL LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE1CLE01013"/>
          <other otherDesc="Internal" value="BTXZ190"/>
        </identifiers>
        <balance>25431.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>32397.76000000</valUSD>
        <pctVal>0.040001878336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ADANI POWER LIMITED</name>
        <lei>33580074T4XKFXBDG813</lei>
        <title>ADANI POWER LTD</title>
        <cusip>Y0019Q104</cusip>
        <identifiers>
          <isin value="INE814H01029"/>
          <other otherDesc="Internal" value="BV2DVP5"/>
        </identifiers>
        <balance>56425.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>144527.87000000</valUSD>
        <pctVal>0.178450185197</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MOTIVA INFRAESTRUTURA DE MOBILIDADE S.A.</name>
        <lei>254900H4EUL83CCQ6781</lei>
        <title>MOTIVA INFRAESTRUTURA DE MOBILIDADE SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRMOTVACNOR7"/>
          <other otherDesc="Internal" value="BV8BRB1"/>
        </identifiers>
        <balance>20120.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>56277.21000000</valUSD>
        <pctVal>0.069486103593</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>Marfrig Global Foods S.A.</name>
        <lei>391200219USWMOBN3F92</lei>
        <title>MBRF GLOBAL FOODS COMPANY SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRMBRFACNOR1"/>
          <other otherDesc="Internal" value="BV8H6L2"/>
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        <balance>11707.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AXIA Energia S.A.</name>
        <lei>254900I8KYDELP4B4Z08</lei>
        <title>AXIA ENERGIA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRAXIAACNOR0"/>
          <other otherDesc="Internal" value="BV9B624"/>
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        <balance>21885.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AXIA Energia S.A.</name>
        <lei>254900I8KYDELP4B4Z08</lei>
        <title>AXIA ENERGIA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRAXIAACNPB1"/>
          <other otherDesc="Internal" value="BV9B635"/>
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        <balance>3920.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BeOne Medicines AG</name>
        <lei>N/A</lei>
        <title>BEONE MEDICINES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH1391448177"/>
          <other otherDesc="Internal" value="BVDKGC7"/>
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        <balance>16086.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>THE BANK OF BARODA LIMITED</name>
        <lei>549300CQ6M9Q0TJEZR23</lei>
        <title>BANK OF BARODA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE028A01039"/>
          <other otherDesc="Internal" value="BVF87C6"/>
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        <balance>19240.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>54347.10000000</valUSD>
        <pctVal>0.067102975086</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hesai Group</name>
        <lei>N/A</lei>
        <title>HESAI GROUP</title>
        <cusip>G4417G106</cusip>
        <identifiers>
          <isin value="KYG4417G1064"/>
          <other otherDesc="Internal" value="BVLD6X9"/>
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        <balance>2120.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AXIA Energia S.A.</name>
        <lei>254900I8KYDELP4B4Z08</lei>
        <title>AXIA ENERGIA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRAXIAACNPC9"/>
          <other otherDesc="Internal" value="BVPBRT2"/>
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        <balance>6783.00000000</balance>
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        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GF Securities Co., Ltd.</name>
        <lei>3003007E0Y3ZJ5HNA936</lei>
        <title>GF SECURITIES CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001TQ9"/>
          <other otherDesc="Internal" value="BW4NKK8"/>
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        <balance>19200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>39587.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TECH MAHINDRA LIMITED</name>
        <lei>3358005FZUZ1I25XQH69</lei>
        <title>TECH MAHINDRA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE669C01036"/>
          <other otherDesc="Internal" value="BWFGD63"/>
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        <balance>10040.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
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        <pctVal>0.193935414957</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FUYAO GLASS INDUSTRY GROUP CO., LTD.</name>
        <lei>N/A</lei>
        <title>FUYAO GLASS INDUSTRY GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001TR7"/>
          <other otherDesc="Internal" value="BWGCFG4"/>
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        <balance>12400.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>88039.98000000</valUSD>
        <pctVal>0.108703952640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HUATAI SECURITIES CO.,LTD.</name>
        <lei>3003009ABT0UCWO79Q77</lei>
        <title>HUATAI SECURITIES CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001YQ9"/>
          <other otherDesc="Internal" value="BWVFT00"/>
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        <balance>24000.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>48607.80000000</valUSD>
        <pctVal>0.060016596882</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MALCO ENERGY LIMITED</name>
        <lei>335800Y9DUY29TJI9W11</lei>
        <title>MALCO ENERGY LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE704J01044"/>
          <other otherDesc="Internal" value="BX69852"/>
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        <balance>25431.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>32397.76000000</valUSD>
        <pctVal>0.040001878336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>3SBio Inc.</name>
        <lei>529900P0TQC1E9Y7FN31</lei>
        <title>3SBIO INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG8875G1029"/>
          <other otherDesc="Internal" value="BY9D3L9"/>
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        <balance>34000.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>80326.66000000</valUSD>
        <pctVal>0.099180229759</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ZYDUS LIFESCIENCES LIMITED</name>
        <lei>335800R9O14ORBXLPN13</lei>
        <title>CADILA HEALTHCARE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE010B01027"/>
          <other otherDesc="Internal" value="BYM8TG8"/>
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        <balance>3000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>China CITIC Financial Asset Management Co., Ltd.</name>
        <lei>N/A</lei>
        <title>CHINA CITIC FINANCIAL ASSET MANAGEMENT CO LTD</title>
        <cusip>Y149A8109</cusip>
        <identifiers>
          <isin value="CNE100002367"/>
          <other otherDesc="Internal" value="BYNK383"/>
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        <balance>262000.00000000</balance>
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        <pctVal>0.027261559822</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>China Literature Ltd</name>
        <lei>N/A</lei>
        <title>CHINA LITERATURE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG2121R1039"/>
          <other otherDesc="Internal" value="BYP71J9"/>
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        <balance>8000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dongxing Securities Corporation Limited</name>
        <lei>3003005E7NY9IQW9AF89</lei>
        <title>DONGXING SECURITIES CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002177"/>
          <other otherDesc="Internal" value="BYQDMD7"/>
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        <balance>7899.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ningbo Tuopu Group Co., Ltd.</name>
        <lei>N/A</lei>
        <title>NINGBO TUOPU GROUP CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000023J3"/>
          <other otherDesc="Internal" value="BYQDMF9"/>
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        <balance>4000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GUOTAI HAITONG SECURITIES CO., LTD.</name>
        <lei>300300E1005431000017</lei>
        <title>GUOTAI JUNAN SECURITIES CO LTD</title>
        <cusip>Y2R614107</cusip>
        <identifiers>
          <isin value="CNE1000022F3"/>
          <other otherDesc="Internal" value="BYQDMZ9"/>
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        <balance>14682.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>China National Nuclear Power Co., Ltd</name>
        <lei>N/A</lei>
        <title>CHINA NATIONAL NUCLEAR POWER CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000022N7"/>
          <other otherDesc="Internal" value="BYQDNJ0"/>
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        <balance>24000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GRASIM INDUSTRIES LTD</name>
        <lei>335800WLY7FOIT3ERV21</lei>
        <title>GRASIM INDUSTRIES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE047A01021"/>
          <other otherDesc="Internal" value="BYQKH33"/>
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        <balance>4871.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>159997.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Seres Group Co.,Ltd.</name>
        <lei>N/A</lei>
        <title>SERES GROUP CO LTD</title>
        <cusip>Y1586E102</cusip>
        <identifiers>
          <isin value="CNE1000028B9"/>
          <other otherDesc="Internal" value="BYV1VC8"/>
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        <balance>2700.00000000</balance>
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        <valUSD>32504.26000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ADITYA BIRLA CAPITAL LIMITED</name>
        <lei>5299009K0PUXVSIRL787</lei>
        <title>ADITYA BIRLA CAPITAL LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE674K01013"/>
          <other otherDesc="Internal" value="BYVKT10"/>
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        <balance>14022.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>53609.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AVENUE SUPERMARTS LIMITED</name>
        <lei>335800B2ZPJKOU2ZM776</lei>
        <title>AVENUE SUPERMARTS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE192R01011"/>
          <other otherDesc="Internal" value="BYW1G33"/>
        </identifiers>
        <balance>2960.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>126125.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bank of Jiangsu Co., Ltd.</name>
        <lei>300300C1086832000046</lei>
        <title>BANK OF JIANGSU CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002G76"/>
          <other otherDesc="Internal" value="BYW5MY8"/>
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        <balance>20060.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>33481.52000000</valUSD>
        <pctVal>0.041340008987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BANK OF HANGZHOU CO., LTD.</name>
        <lei>300300C1092033000075</lei>
        <title>BANK OF HANGZHOU CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002GQ4"/>
          <other otherDesc="Internal" value="BYW5MZ9"/>
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        <balance>8099.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>19166.18000000</valUSD>
        <pctVal>0.023664697822</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UNITED SPIRITS LIMITED</name>
        <lei>3358004YFWQVX2EZDE82</lei>
        <title>UNITED SPIRITS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE854D01024"/>
          <other otherDesc="Internal" value="BYWFSB7"/>
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        <balance>4480.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>59864.95000000</valUSD>
        <pctVal>0.073915926487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>China Galaxy Securities Co., Ltd.</name>
        <lei>3003008KFQXO06OK8582</lei>
        <title>CHINA GALAXY SECURITIES CO LTD</title>
        <cusip>Y1R92J117</cusip>
        <identifiers>
          <isin value="CNE100002FG7"/>
          <other otherDesc="Internal" value="BYWPH65"/>
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        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>21788.40000000</valUSD>
        <pctVal>0.026902382323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IDFC FIRST BANK LIMITED</name>
        <lei>335800SBNAPYVT1D2K13</lei>
        <title>IDFC FIRST BANK LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE092T01019"/>
          <other otherDesc="Internal" value="BYWZNK1"/>
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        <balance>67928.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>50957.30000000</valUSD>
        <pctVal>0.062917550934</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED</name>
        <lei>335800ZZITZ7ZZZ2ZX87</lei>
        <title>ICICI LOMBARD GENERAL INSURANCE CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE765G01017"/>
          <other otherDesc="Internal" value="BYXH7P9"/>
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        <balance>4320.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>81476.50000000</valUSD>
        <pctVal>0.100599950128</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED</name>
        <lei>2138006W2MGOSH69C607</lei>
        <title>ICICI PRUDENTIAL LIFE INSURANCE CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE726G01019"/>
          <other otherDesc="Internal" value="BYXL8H0"/>
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        <balance>6240.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>33089.41000000</valUSD>
        <pctVal>0.040855866363</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RUMO S.A.</name>
        <lei>254900TXQFP7CJCGYM66</lei>
        <title>RUMO SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRRAILACNOR9"/>
          <other otherDesc="Internal" value="BYXZ2W5"/>
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        <balance>22840.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>62119.48000000</valUSD>
        <pctVal>0.076699620013</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PRIO S.A.</name>
        <lei>N/A</lei>
        <title>PRIO SA BRAZIL</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRPRIOACNOR1"/>
          <other otherDesc="Internal" value="BYY0144"/>
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        <balance>16040.00000000</balance>
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        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>197934.40000000</valUSD>
        <pctVal>0.244391827935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALKEM LABORATORIES LIMITED</name>
        <lei>335800GCAE5WIF4PSG69</lei>
        <title>ALKEM LABORATORIES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE540L01014"/>
          <other otherDesc="Internal" value="BYY2WB4"/>
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        <balance>794.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>45951.71000000</valUSD>
        <pctVal>0.056737092711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SDIC Capital Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SDIC CAPITAL CO LTD</title>
        <cusip>Y8045P107</cusip>
        <identifiers>
          <isin value="CNE000000Q11"/>
          <other otherDesc="Internal" value="BYYFJ78"/>
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        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>7618.55000000</valUSD>
        <pctVal>0.009406709297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ENN Natural Gas Co., Ltd.</name>
        <lei>N/A</lei>
        <title>ENN NATURAL GAS CO LTD</title>
        <cusip>Y3119Q107</cusip>
        <identifiers>
          <isin value="CNE000000DG7"/>
          <other otherDesc="Internal" value="BYYFJJ0"/>
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        <balance>4000.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
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        <pctVal>0.014272002498</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HANGZHOU FIRST APPLIED MATERIAL CO., LTD.</name>
        <lei>N/A</lei>
        <title>HANGZHOU FIRST APPLIED MATERIAL CO LTD</title>
        <cusip>Y29846105</cusip>
        <identifiers>
          <isin value="CNE100001VX1"/>
          <other otherDesc="Internal" value="BYYFJR8"/>
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        <balance>4240.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>11219.47000000</valUSD>
        <pctVal>0.013852805685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MEITU, INC.</name>
        <lei>N/A</lei>
        <title>MEITU INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG5966D1051"/>
          <other otherDesc="Internal" value="BYYNH90"/>
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        <balance>83500.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INTERGLOBE AVIATION LIMITED</name>
        <lei>33580079R8SLLO23XD19</lei>
        <title>INTERGLOBE AVIATION LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE646L01027"/>
          <other otherDesc="Internal" value="BYYZ7D0"/>
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        <balance>3456.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOLAR INDUSTRIES INDIA LIMITED</name>
        <lei>3358002ANWRT2YJ79L60</lei>
        <title>SOLAR INDUSTRIES INDIA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE343H01029"/>
          <other otherDesc="Internal" value="BYZ9NH7"/>
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        <balance>520.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BOC AVIATION LIMITED</name>
        <lei>254900H06V5RMEB3KE72</lei>
        <title>BOC AVIATION LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG9999015267"/>
          <other otherDesc="Internal" value="BYZJV17"/>
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        <balance>4000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Weiming Environment Protection Co., Ltd.</name>
        <lei>N/A</lei>
        <title>ZHEJIANG WEIMING ENVIRONMENT PROTECTION CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000023N5"/>
          <other otherDesc="Internal" value="BYZW4G2"/>
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        <balance>4800.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Yadea Group Holdings Ltd</name>
        <lei>N/A</lei>
        <title>YADEA GROUP HOLDINGS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG9830F1063"/>
          <other otherDesc="Internal" value="BZ04KX9"/>
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        <balance>24000.00000000</balance>
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        <valUSD>34513.65000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ORIENT SECURITIES COMPANY LIMITED</name>
        <lei>300300E1005131000066</lei>
        <title>ORIENT SECURITIES CO LTD CHINA</title>
        <cusip>Y6S79P100</cusip>
        <identifiers>
          <isin value="CNE100001ZV6"/>
          <other otherDesc="Internal" value="BZ0D003"/>
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        <balance>8788.00000000</balance>
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        <valUSD>12095.07000000</valUSD>
        <pctVal>0.014933918845</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Chifeng Jilong Gold Mining Group Limited</name>
        <lei>300300PUFBCIZ7STN538</lei>
        <title>CHIFENG JILONG GOLD MINING CO LTD</title>
        <cusip>Y2931K108</cusip>
        <identifiers>
          <isin value="CNE000001H94"/>
          <other otherDesc="Internal" value="BZ0D1S8"/>
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        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>19910.15000000</valUSD>
        <pctVal>0.024583285942</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>Everbright Securities Company Limited</name>
        <lei>N/A</lei>
        <title>EVERBRIGHT SECURITIES CO LTD</title>
        <cusip>Y2357S106</cusip>
        <identifiers>
          <isin value="CNE100000FD8"/>
          <other otherDesc="Internal" value="BZ0D1Y4"/>
        </identifiers>
        <balance>6097.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.76530000"/>
        <valUSD>12862.31000000</valUSD>
        <pctVal>0.015881238695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China International Capital Corporation Limited</name>
        <lei>529900OS3SVVTT56QN67</lei>
        <title>CHINA INTERNATIONAL CAPITAL CORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002359"/>
          <other otherDesc="Internal" value="BZ169C6"/>
        </identifiers>
        <balance>32000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>80135.02000000</valUSD>
        <pctVal>0.098943609698</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>SBI LIFE INSURANCE COMPANY LIMITED</name>
        <lei>335800WMVIESQUO95586</lei>
        <title>SBI LIFE INSURANCE CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE123W01016"/>
          <other otherDesc="Internal" value="BZ60N32"/>
        </identifiers>
        <balance>8280.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>159502.08000000</valUSD>
        <pctVal>0.196939010554</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ganfeng Lithium Group Co., Ltd.</name>
        <lei>3003006BE6UOHWEOOR42</lei>
        <title>GANFENG LITHIUM GROUP CO LTD</title>
        <cusip>Y2690M105</cusip>
        <identifiers>
          <isin value="CNE1000031W9"/>
          <other otherDesc="Internal" value="BZ9NS11"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>65729.46000000</valUSD>
        <pctVal>0.081156902886</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>C&amp;D International Investment Group Limited</name>
        <lei>N/A</lei>
        <title>C D INTERNATIONAL INVESTMENT GROUP LTD</title>
        <cusip>G3165D109</cusip>
        <identifiers>
          <isin value="KYG3165D1097"/>
          <other otherDesc="Internal" value="BZBY9R5"/>
        </identifiers>
        <balance>13000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83690000"/>
        <valUSD>26176.17000000</valUSD>
        <pctVal>0.032320011249</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>JSW STEEL LIMITED</name>
        <lei>335800EK6HZSC4CVAJ09</lei>
        <title>JSW STEEL LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE019A01038"/>
          <other otherDesc="Internal" value="BZBYJJ7"/>
        </identifiers>
        <balance>11080.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>149046.51000000</valUSD>
        <pctVal>0.184029400782</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANCO BTG PACTUAL S.A.</name>
        <lei>ZXLTQRYIK6IJH3R0IK66</lei>
        <title>BANCO BTG PACTUAL SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRBPACUNT006"/>
          <other otherDesc="Internal" value="BZBZVC7"/>
        </identifiers>
        <balance>23179.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.04455000"/>
        <valUSD>246973.71000000</valUSD>
        <pctVal>0.304941215064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <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>Nu Holdings Ltd.</name>
        <lei>5493002DG1RHWK9W2X27</lei>
        <title>NU HOLDINGS LTD CAYMAN ISLANDS</title>
        <cusip>G6683N103</cusip>
        <identifiers>
          <isin value="KYG6683N1034"/>
          <other otherDesc="Internal" value="G6683N103"/>
        </identifiers>
        <balance>61447.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>806799.11000000</valUSD>
        <pctVal>0.996163927391</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>StoneCo Ltd.</name>
        <lei>549300O1A9LEF0XZCR35</lei>
        <title>STONECO LTD</title>
        <cusip>G85158106</cusip>
        <identifiers>
          <isin value="KYG851581069"/>
          <other otherDesc="Internal" value="G85158106"/>
        </identifiers>
        <balance>4440.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>50838.00000000</valUSD>
        <pctVal>0.062770249883</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>XP Inc.</name>
        <lei>5493008KDA8NBZRJST80</lei>
        <title>XP INC</title>
        <cusip>G98239109</cusip>
        <identifiers>
          <isin value="KYG982391099"/>
          <other otherDesc="Internal" value="G98239109"/>
        </identifiers>
        <balance>7585.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>126441.95000000</valUSD>
        <pctVal>0.156119296535</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>MSCI EMGMKT JUN26</name>
        <lei>N/A</lei>
        <title>MSCI EMGMKT JUN26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="MMEM26"/>
          <other otherDesc="Internal" value="2665621H"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>4314.99000000</valUSD>
        <pctVal>0.005327766642</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Index Future" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE FUTURES U.S.</counterpartyName>
              <counterpartyLei>5493004R83R1LVX2IL36</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>US MSCI Emerging Markets Equity Index Future Jun 2026</indexName>
                <indexIdentifier>MMEM26</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2026-06-19</expDate>
            <notionalAmt>83110.01000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>4314.99000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JBS N.V.</name>
        <lei>254900JSFON4WL81TW77</lei>
        <title>JBS NV</title>
        <cusip>N4732M103</cusip>
        <identifiers>
          <isin value="NL0015002J37"/>
          <other otherDesc="Internal" value="N4732M103"/>
        </identifiers>
        <balance>7000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>87290.00000000</valUSD>
        <pctVal>0.107777943907</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>



      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>


    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-06-30</ncom:dateSigned>
      <ncom:nameOfApplicant>iShares, Inc.</ncom:nameOfApplicant>
      <ncom:signature>Chuck Pulsfort </ncom:signature>
      <ncom:signerName>Chuck Pulsfort </ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
