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    <filerInfo>

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          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


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        <classId>C000202637</classId>
        <classId>C000202638</classId>
      </seriesClassInfo>


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      <regFileNumber>811-8894</regFileNumber>
      <regCik>0000933691</regCik>
      <regLei>549300T5WIPN6IWM0D45</regLei>
      <regStreet1>1 Corporate Way</regStreet1>
      <regCity>Lansing</regCity>
      <regStateConditional regCountry="US" regState="US-MI"/>
      <regZipOrPostalCode>48951</regZipOrPostalCode>
      <regPhone>517-367-4336</regPhone>
      <seriesName>JNL Multi-Manager International Small Cap Fund</seriesName>
      <seriesId>S000062460</seriesId>
      <seriesLei>549300F7KV62SRFU6151</seriesLei>
      <repPdEnd>2021-12-31</repPdEnd>
      <repPdDate>2021-12-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
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    </fundInfo>
    <invstOrSecs>
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        <name>Giga-Byte Technology Co., Ltd.</name>
        <lei>N/A</lei>
        <title>Giga-Byte Technology Co., Ltd.</title>
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        <invCountry>TW</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>HANWA Co., Ltd.</name>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Nippon Television Holdings Inc.</name>
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        <title>Nippon Television Holdings Inc.</title>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <title>eGuarantee, Inc.</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Dampskibsselskabet NORDEN A/S</name>
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        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Anicom Holdings, Inc.</name>
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        <title>Anicom Holdings, Inc.</title>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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        <name>Brunello Cucinelli S.p.A.</name>
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        <title>Brunello Cucinelli S.p.A.</title>
        <cusip>N/A</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cafe24 Corp.</name>
        <lei>N/A</lei>
        <title>Cafe24 Corp.</title>
        <cusip>N/A</cusip>
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          <isin value="KR7042000000"/>
          <ticker value="A042000"/>
          <other otherDesc="INTERNAL" value="BF062T5"/>
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        <balance>58109</balance>
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        <valUSD>1334183.39</valUSD>
        <pctVal>0.1494203921</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Man Group PLC</name>
        <lei>2549003YWC1DW6LALB09</lei>
        <title>Man Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JE00BJ1DLW90"/>
          <ticker value="EMG"/>
          <other otherDesc="INTERNAL" value="BJ1DLW9"/>
        </identifiers>
        <balance>1059241</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>3253706.68</valUSD>
        <pctVal>0.3643952786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Johnson Electric Holdings Limited</name>
        <lei>529900EDYRQ6K25JEC80</lei>
        <title>Johnson Electric Holdings Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG5150J1577"/>
          <ticker value="179"/>
          <other otherDesc="INTERNAL" value="BP4JH17"/>
        </identifiers>
        <balance>1246000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.79755"/>
        <valUSD>2638365.19</valUSD>
        <pctVal>0.2954807894</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>Thule Group AB</name>
        <lei>549300XHHOGBOERKU333</lei>
        <title>Thule Group AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0006422390"/>
          <ticker value="THULE"/>
          <other otherDesc="INTERNAL" value="BSQXJ01"/>
        </identifiers>
        <balance>64748</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>3917907.11</valUSD>
        <pctVal>0.4387816706</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Controladora Vuela Compania de Aviacion, S.A.B. de C.V.</name>
        <lei>549300G8NLCMP9Z44X52</lei>
        <title>Controladora Vuela Compania de Aviacion, S.A.B. de C.V.</title>
        <cusip>21240E105</cusip>
        <identifiers>
          <isin value="US21240E1055"/>
          <ticker value="VLRS"/>
          <other otherDesc="INTERNAL" value="21240E105"/>
        </identifiers>
        <balance>250312</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4498106.64</valUSD>
        <pctVal>0.5037604748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Endava PLC</name>
        <lei>213800JJ6CRPCWCQVZ25</lei>
        <title>Endava PLC</title>
        <cusip>29260V105</cusip>
        <identifiers>
          <isin value="US29260V1052"/>
          <ticker value="DAVA"/>
          <other otherDesc="INTERNAL" value="29260V105"/>
        </identifiers>
        <balance>33460</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5618603.2</valUSD>
        <pctVal>0.6292492470</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicony Electronics Co., Ltd</name>
        <lei>254900JBP5GB5B1IHS51</lei>
        <title>Chicony Electronics Co., Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0002385002"/>
          <ticker value="2385"/>
          <other otherDesc="INTERNAL" value="6140579"/>
        </identifiers>
        <balance>459000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667"/>
        <valUSD>1364738.13</valUSD>
        <pctVal>0.1528423364</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WT Microelectronics Co., Ltd.</name>
        <lei>N/A</lei>
        <title>WT Microelectronics Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0003036000"/>
          <ticker value="3036"/>
          <other otherDesc="INTERNAL" value="6290991"/>
        </identifiers>
        <balance>441000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667"/>
        <valUSD>1171869.81</valUSD>
        <pctVal>0.1312422624</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Korea Land Development Corp.</name>
        <lei>N/A</lei>
        <title>Korea Land Development Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7034830000"/>
          <ticker value="A034830"/>
          <other otherDesc="INTERNAL" value="6354488"/>
        </identifiers>
        <balance>406276</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1188.75"/>
        <valUSD>889584.72</valUSD>
        <pctVal>0.0996280562</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kumagai Gumi Co., Ltd.</name>
        <lei>529900M993KYZI2Q1Q47</lei>
        <title>Kumagai Gumi Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3266800006"/>
          <ticker value="1861"/>
          <other otherDesc="INTERNAL" value="6497565"/>
        </identifiers>
        <balance>49800</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>1242652.73</valUSD>
        <pctVal>0.1391695172</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Haci Omer Sabanci Holding A.S.</name>
        <lei>78900090FFOWNLGP0F20</lei>
        <title>Haci Omer Sabanci Holding A.S.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRASAHOL91Q5"/>
          <ticker value="SAHOL"/>
          <other otherDesc="INTERNAL" value="B03N0C7"/>
        </identifiers>
        <balance>1725636</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="13.229"/>
        <valUSD>1729190.32</valUSD>
        <pctVal>0.1936587561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Steico Se</name>
        <lei>5299007UCGLCBLO3OE49</lei>
        <title>Steico Se</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A0LR936"/>
          <ticker value="ST5"/>
          <other otherDesc="INTERNAL" value="B1YNGV4"/>
        </identifiers>
        <balance>23238</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>2977844.84</valUSD>
        <pctVal>0.3335004371</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hypoport SE</name>
        <lei>391200GNIFXXP6KRYQ46</lei>
        <title>Hypoport SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005493365"/>
          <ticker value="HYQ"/>
          <other otherDesc="INTERNAL" value="B28XLF6"/>
        </identifiers>
        <balance>15854.0001</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>9249296.53</valUSD>
        <pctVal>1.0358647282</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hypoport SE</name>
        <lei>391200GNIFXXP6KRYQ46</lei>
        <title>Hypoport SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005493365"/>
          <ticker value="HYQ"/>
          <other otherDesc="INTERNAL" value="B28XLF6"/>
        </identifiers>
        <balance>4364.9999</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>2546561</valUSD>
        <pctVal>0.2851992808</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Currys PLC</name>
        <lei>2138001E12GWLLDQQF16</lei>
        <title>Currys PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B4Y7R145"/>
          <ticker value="CURY"/>
          <other otherDesc="INTERNAL" value="B4Y7R14"/>
        </identifiers>
        <balance>655646</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>1014610.49</valUSD>
        <pctVal>0.1136301789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Money Forward, Inc.</name>
        <lei>35380017JS3GIGP6WN95</lei>
        <title>Money Forward, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3869960009"/>
          <ticker value="3994"/>
          <other otherDesc="INTERNAL" value="BD5ZWW6"/>
        </identifiers>
        <balance>56400</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>3377669</valUSD>
        <pctVal>0.3782783014</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Technogym S.p.A.</name>
        <lei>815600B9149F66E77F76</lei>
        <title>Technogym S.p.A.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005162406"/>
          <ticker value="TGYM"/>
          <other otherDesc="INTERNAL" value="BD9Y5C0"/>
        </identifiers>
        <balance>311276</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>2990768.09</valUSD>
        <pctVal>0.3349477622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Golden Ocean Group Limited</name>
        <lei>549300HQH91CZG0OJL61</lei>
        <title>Golden Ocean Group Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG396372051"/>
          <ticker value="GOGL"/>
          <other otherDesc="INTERNAL" value="BDCHQL2"/>
        </identifiers>
        <balance>250021</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.80655"/>
        <valUSD>2306970.34</valUSD>
        <pctVal>0.2583665900</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>Harvia Oyj</name>
        <lei>7437002ULTBOWQQOXL69</lei>
        <title>Harvia Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000306873"/>
          <ticker value="HARVIA"/>
          <other otherDesc="INTERNAL" value="BFMNCT4"/>
        </identifiers>
        <balance>60344</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>4023792.03</valUSD>
        <pctVal>0.4506401350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New Work SE</name>
        <lei>5299002VHN50DM9T9H37</lei>
        <title>New Work SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000NWRK013"/>
          <ticker value="NWO"/>
          <other otherDesc="INTERNAL" value="BJV2FV3"/>
        </identifiers>
        <balance>12918</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>3188412.82</valUSD>
        <pctVal>0.3570827650</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DaikyoNishikawa Corporation</name>
        <lei>N/A</lei>
        <title>DaikyoNishikawa Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3481300006"/>
          <ticker value="4246"/>
          <other otherDesc="INTERNAL" value="BJVSF22"/>
        </identifiers>
        <balance>140700</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>715625.4</valUSD>
        <pctVal>0.0801456746</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Freee K.K.</name>
        <lei>N/A</lei>
        <title>Freee K.K.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3826520003"/>
          <ticker value="4478"/>
          <other otherDesc="INTERNAL" value="BKLFVR7"/>
        </identifiers>
        <balance>44900</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>2476087.88</valUSD>
        <pctVal>0.2773067217</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PEXA Group Limited</name>
        <lei>N/A</lei>
        <title>PEXA Group Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000158594"/>
          <ticker value="PXA"/>
          <other otherDesc="INTERNAL" value="BMD0WJ3"/>
        </identifiers>
        <balance>264344</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.374476"/>
        <valUSD>3828833.05</valUSD>
        <pctVal>0.4288059198</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1106975.739000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dometic Group AB (publ)</name>
        <lei>549300STIPMK5VSA7Y59</lei>
        <title>Dometic Group AB (publ)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0007691613"/>
          <ticker value="DOM"/>
          <other otherDesc="INTERNAL" value="BYSXJB2"/>
        </identifiers>
        <balance>355871</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>4673563.12</valUSD>
        <pctVal>0.5234105291</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Global Blue Group Holding AG</name>
        <lei>N/A</lei>
        <title>Global Blue Group Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0562152865"/>
          <ticker value="GB"/>
          <other otherDesc="INTERNAL" value="H33700107"/>
        </identifiers>
        <balance>391974</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2506673.73</valUSD>
        <pctVal>0.2807321501</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="867430.590000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AGF Management Limited</name>
        <lei>254900MZSQTEB6YEO028</lei>
        <title>AGF Management Limited</title>
        <cusip>001092105</cusip>
        <identifiers>
          <isin value="CA0010921058"/>
          <ticker value="AGF.B"/>
          <other otherDesc="INTERNAL" value="2001528"/>
        </identifiers>
        <balance>606010</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.26495"/>
        <valUSD>4000303.17</valUSD>
        <pctVal>0.4480095262</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coretronic Corporation</name>
        <lei>2549007UYYIKLSKMOM64</lei>
        <title>Coretronic Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0005371009"/>
          <ticker value="5371"/>
          <other otherDesc="INTERNAL" value="6141806"/>
        </identifiers>
        <balance>1826000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667"/>
        <valUSD>6099710.86</valUSD>
        <pctVal>0.6831303669</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsui O.S.K. Lines, Ltd.</name>
        <lei>353800P8O843TMAZ6S09</lei>
        <title>Mitsui O.S.K. Lines, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3362700001"/>
          <ticker value="9104"/>
          <other otherDesc="INTERNAL" value="6597584"/>
        </identifiers>
        <balance>29300</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>2175982.98</valUSD>
        <pctVal>0.2436968056</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Huaxin Cement Co., Ltd.</name>
        <lei>300300SD5S95ZOS05G37</lei>
        <title>Huaxin Cement Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000HL8"/>
          <ticker value="900933"/>
          <other otherDesc="INTERNAL" value="6802686"/>
        </identifiers>
        <balance>1778720</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3274255.32</valUSD>
        <pctVal>0.3666966008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>transcosmos inc.</name>
        <lei>353800AAR1GYRFDRTV97</lei>
        <title>transcosmos inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3635700002"/>
          <ticker value="9715"/>
          <other otherDesc="INTERNAL" value="6900955"/>
        </identifiers>
        <balance>47500</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>1357108.34</valUSD>
        <pctVal>0.1519878465</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Burford Capital Limited</name>
        <lei>549300FUKUWFYJMT2277</lei>
        <title>Burford Capital Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GG00BMGYLN96"/>
          <ticker value="BUR"/>
          <other otherDesc="INTERNAL" value="BMGYLN9"/>
        </identifiers>
        <balance>213160</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>2227897.91</valUSD>
        <pctVal>0.2495109607</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Angel Yeast Co., Ltd.</name>
        <lei>3003002K1DZ78FXZXI48</lei>
        <title>Angel Yeast Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000014G0"/>
          <ticker value="600298"/>
          <other otherDesc="INTERNAL" value="BP3RH12"/>
        </identifiers>
        <balance>421565</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.37335"/>
        <valUSD>3981271.08</valUSD>
        <pctVal>0.4458780483</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>General Interface Solution Limited</name>
        <lei>529900UF1EE97VL5NU66</lei>
        <title>General Interface Solution Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG3808R1011"/>
          <ticker value="6456"/>
          <other otherDesc="INTERNAL" value="BXNPSQ4"/>
        </identifiers>
        <balance>961000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667"/>
        <valUSD>3549479.12</valUSD>
        <pctVal>0.3975199856</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>Kmto Energy K.K.</name>
        <lei>353800Y4GZ7KR5X7L150</lei>
        <title>Kmto Energy K.K.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3298000005"/>
          <ticker value="5021"/>
          <other otherDesc="INTERNAL" value="BYSJJ43"/>
        </identifiers>
        <balance>115300</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>2258242.76</valUSD>
        <pctVal>0.2529093986</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Syngene International Ltd.</name>
        <lei>335800FFAWRC77Z2EY68</lei>
        <title>Syngene International Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE398R01022"/>
          <ticker value="SYNGENE"/>
          <other otherDesc="INTERNAL" value="BYXXQB6"/>
        </identifiers>
        <balance>448943</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.33565"/>
        <valUSD>3747802.3</valUSD>
        <pctVal>0.4197309707</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Uzabase Inc.</name>
        <lei>35380035PVK4TGU4A468</lei>
        <title>Uzabase Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3944390008"/>
          <ticker value="3966"/>
          <other otherDesc="INTERNAL" value="BYZ6P94"/>
        </identifiers>
        <balance>55000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>702393.42</valUSD>
        <pctVal>0.0786637737</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ESI Group</name>
        <lei>969500SJCEYK6O6RXV95</lei>
        <title>ESI Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0004110310"/>
          <ticker value="ESI"/>
          <other otherDesc="INTERNAL" value="4031910"/>
        </identifiers>
        <balance>18107</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>1533970.59</valUSD>
        <pctVal>0.1717953385</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fujikura Ltd.</name>
        <lei>353800PSDZ8VRCKVPL51</lei>
        <title>Fujikura Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3811000003"/>
          <ticker value="5803"/>
          <other otherDesc="INTERNAL" value="6356707"/>
        </identifiers>
        <balance>366400</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>1798598.85</valUSD>
        <pctVal>0.2014320876</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ichiyoshi Securities Co., Ltd.</name>
        <lei>353800A8M3VE49QYFV53</lei>
        <title>Ichiyoshi Securities Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3142300007"/>
          <ticker value="8624"/>
          <other otherDesc="INTERNAL" value="6456492"/>
        </identifiers>
        <balance>249400</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>1427223.17</valUSD>
        <pctVal>0.1598402793</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALK-Abello A/S</name>
        <lei>529900SGCREUZCZ7P020</lei>
        <title>ALK-Abello A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060027142"/>
          <ticker value="ALK B"/>
          <other otherDesc="INTERNAL" value="B0VL7C2"/>
        </identifiers>
        <balance>7336.0001</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.53205"/>
        <valUSD>3848239.08</valUSD>
        <pctVal>0.4309792767</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALK-Abello A/S</name>
        <lei>529900SGCREUZCZ7P020</lei>
        <title>ALK-Abello A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060027142"/>
          <ticker value="ALK B"/>
          <other otherDesc="INTERNAL" value="B0VL7C2"/>
        </identifiers>
        <balance>11376.9999</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.53205"/>
        <valUSD>5968022.77</valUSD>
        <pctVal>0.6683821050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALSO Holding AG</name>
        <lei>529900ACS8A6PTQI6141</lei>
        <title>ALSO Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0024590272"/>
          <ticker value="ALSN"/>
          <other otherDesc="INTERNAL" value="B11TD81"/>
        </identifiers>
        <balance>6757</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9112"/>
        <valUSD>2228622.04</valUSD>
        <pctVal>0.2495920588</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oil India Limited</name>
        <lei>335800XXEP14XISP1A16</lei>
        <title>Oil India Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE274J01014"/>
          <ticker value="OIL"/>
          <other otherDesc="INTERNAL" value="B409HQ9"/>
        </identifiers>
        <balance>474492</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.33565"/>
        <valUSD>1273252.8</valUSD>
        <pctVal>0.1425965382</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>Redde Northgate PLC</name>
        <lei>213800B3ZUTDOZYVJB41</lei>
        <title>Redde Northgate PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B41H7391"/>
          <ticker value="REDD"/>
          <other otherDesc="INTERNAL" value="B41H739"/>
        </identifiers>
        <balance>467361</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>2765339.75</valUSD>
        <pctVal>0.3097011647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kitanotatsujin Corporation</name>
        <lei>N/A</lei>
        <title>Kitanotatsujin Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3240100002"/>
          <ticker value="2930"/>
          <other otherDesc="INTERNAL" value="B7TYN35"/>
        </identifiers>
        <balance>557200</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>1623251.89</valUSD>
        <pctVal>0.1817942989</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Keywords Studios PLC</name>
        <lei>2138007VR9ZYCWS7VE12</lei>
        <title>Keywords Studios PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BBQ38507"/>
          <ticker value="KWS"/>
          <other otherDesc="INTERNAL" value="BBQ3850"/>
        </identifiers>
        <balance>88712</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>3540934.18</valUSD>
        <pctVal>0.3965630045</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Locondo, Inc.</name>
        <lei>N/A</lei>
        <title>Locondo, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3984120000"/>
          <ticker value="3558"/>
          <other otherDesc="INTERNAL" value="BD83SJ6"/>
        </identifiers>
        <balance>109400</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>1229357.87</valUSD>
        <pctVal>0.1376805741</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="687721.221600000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Raksul, Inc.</name>
        <lei>353800MJOUNWM4MY4B07</lei>
        <title>Raksul, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3967180005"/>
          <ticker value="4384"/>
          <other otherDesc="INTERNAL" value="BFM1K61"/>
        </identifiers>
        <balance>168200</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>8327219.34</valUSD>
        <pctVal>0.9325977138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Healius Limited</name>
        <lei>529900MBZK3SLWK8SJ55</lei>
        <title>Healius Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000033359"/>
          <ticker value="HLS"/>
          <other otherDesc="INTERNAL" value="BFZYRL1"/>
        </identifiers>
        <balance>762430</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.374476"/>
        <valUSD>2934842.62</valUSD>
        <pctVal>0.3286844511</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mega Lifesciences Public Company Limited</name>
        <lei>N/A</lei>
        <title>Mega Lifesciences Public Company Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH4984010017"/>
          <ticker value="MEGA-F"/>
          <other otherDesc="INTERNAL" value="BGH17Y0"/>
        </identifiers>
        <balance>850900</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405"/>
        <valUSD>1287859.32</valUSD>
        <pctVal>0.1442323792</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GMO Financial Gate, Inc.</name>
        <lei>N/A</lei>
        <title>GMO Financial Gate, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3386710002"/>
          <ticker value="4051"/>
          <other otherDesc="INTERNAL" value="BKPTHH7"/>
        </identifiers>
        <balance>13600</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>3301362.34</valUSD>
        <pctVal>0.3697324215</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Healios K.K</name>
        <lei>3538005FFIDTDLUZOE53</lei>
        <title>Healios K.K</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3835100003"/>
          <ticker value="4593"/>
          <other otherDesc="INTERNAL" value="BY4JZZ0"/>
        </identifiers>
        <balance>141900</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>1582911.22</valUSD>
        <pctVal>0.1772763902</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Storytel Sweden AB</name>
        <lei>549300I1FSPPI9HHU419</lei>
        <title>Storytel Sweden AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0007439443"/>
          <ticker value="STORY B"/>
          <other otherDesc="INTERNAL" value="BYXX821"/>
        </identifiers>
        <balance>63413</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>1157692.63</valUSD>
        <pctVal>0.1296545048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="978706.956000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hotel Chocolat Group PLC</name>
        <lei>213800B4D3J15PZHVY29</lei>
        <title>Hotel Chocolat Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYZC3B04"/>
          <ticker value="HOTC"/>
          <other otherDesc="INTERNAL" value="BYZC3B0"/>
        </identifiers>
        <balance>252430</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>1723643.04</valUSD>
        <pctVal>0.1930374946</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Victoria P.L.C.</name>
        <lei>2138002K6ECECHVCQN25</lei>
        <title>Victoria P.L.C.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BZC0LC10"/>
          <ticker value="VCP"/>
          <other otherDesc="INTERNAL" value="BZC0LC1"/>
        </identifiers>
        <balance>359999</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>5842787.89</valUSD>
        <pctVal>0.6543565632</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CellaVision AB</name>
        <lei>529900IUBZBZ0HXFJ114</lei>
        <title>CellaVision AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000683484"/>
          <ticker value="CEVI"/>
          <other otherDesc="INTERNAL" value="4018786"/>
        </identifiers>
        <balance>24154</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>868209.37</valUSD>
        <pctVal>0.0972341475</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mensch und Maschine Software SE</name>
        <lei>391200KPS0L1YQ88JY41</lei>
        <title>Mensch und Maschine Software SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006580806"/>
          <ticker value="MUM"/>
          <other otherDesc="INTERNAL" value="5289172"/>
        </identifiers>
        <balance>35397</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>2679271.63</valUSD>
        <pctVal>0.3000620609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Harvey Norman Holdings Limited</name>
        <lei>529900ONRWOF42PYKU59</lei>
        <title>Harvey Norman Holdings Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000HVN7"/>
          <ticker value="HVN"/>
          <other otherDesc="INTERNAL" value="6173508"/>
        </identifiers>
        <balance>783824</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.374476"/>
        <valUSD>2816581.72</valUSD>
        <pctVal>0.3154399525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hosiden Corporation.</name>
        <lei>353800IQGIGW1XT2JX97</lei>
        <title>Hosiden Corporation.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3845800006"/>
          <ticker value="6804"/>
          <other otherDesc="INTERNAL" value="6439813"/>
        </identifiers>
        <balance>84900</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>851912.71</valUSD>
        <pctVal>0.0954090211</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JB Hi-Fi Limited</name>
        <lei>529900TPC8H040Y3ZQ65</lei>
        <title>JB Hi-Fi Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000JBH7"/>
          <ticker value="JBH"/>
          <other otherDesc="INTERNAL" value="6702623"/>
        </identifiers>
        <balance>99268</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.374476"/>
        <valUSD>3489184.23</valUSD>
        <pctVal>0.3907673262</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Esprinet S.P.A</name>
        <lei>8156007E3375956ADD08</lei>
        <title>Esprinet S.P.A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003850929"/>
          <ticker value="PRT"/>
          <other otherDesc="INTERNAL" value="B08QZ48"/>
        </identifiers>
        <balance>76456</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>1119854.88</valUSD>
        <pctVal>0.1254169079</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="558960.734700000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yangzijiang Shipbuilding (Holdings) Ltd.</name>
        <lei>254900Z3JEM14YIGLM66</lei>
        <title>Yangzijiang Shipbuilding (Holdings) Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1U76934819"/>
          <ticker value="BS6"/>
          <other otherDesc="INTERNAL" value="B1VT035"/>
        </identifiers>
        <balance>1964200</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3476"/>
        <valUSD>1954524.76</valUSD>
        <pctVal>0.2188948373</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Minto Apartment Limited Partnership</name>
        <lei>N/A</lei>
        <title>Minto Apartment Limited Partnership</title>
        <cusip>60448E103</cusip>
        <identifiers>
          <isin value="CA60448E1034"/>
          <ticker value="MI.UN"/>
          <other otherDesc="INTERNAL" value="BD6JMH2"/>
        </identifiers>
        <balance>49400</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.26495"/>
        <valUSD>854868.57</valUSD>
        <pctVal>0.0957400594</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Samhallsbyggnadsbolaget i Norden AB</name>
        <lei>549300HX9MRFY47AH564</lei>
        <title>Samhallsbyggnadsbolaget i Norden AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0009554454"/>
          <ticker value="SBB B"/>
          <other otherDesc="INTERNAL" value="BD7Y737"/>
        </identifiers>
        <balance>199807</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>1468094.1</valUSD>
        <pctVal>0.1644175739</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arjo AB (publ)</name>
        <lei>549300OWGJPYKC6JF790</lei>
        <title>Arjo AB (publ)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0010468116"/>
          <ticker value="ARJO B"/>
          <other otherDesc="INTERNAL" value="BF17YL3"/>
        </identifiers>
        <balance>168755</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>2067119.72</valUSD>
        <pctVal>0.2315047852</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Texhong Textile Group Limited</name>
        <lei>213800M1HN85ACHDBK34</lei>
        <title>Texhong Textile Group Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG876551170"/>
          <ticker value="2678"/>
          <other otherDesc="INTERNAL" value="BFSQNZ0"/>
        </identifiers>
        <balance>616500</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.79755"/>
        <valUSD>812883.66</valUSD>
        <pctVal>0.0910380058</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>FirstService Corporation</name>
        <lei>5493000XUDIV75BCF118</lei>
        <title>FirstService Corporation</title>
        <cusip>33767E202</cusip>
        <identifiers>
          <isin value="CA33767E2024"/>
          <ticker value="FSV"/>
          <other otherDesc="INTERNAL" value="BJMKSJ5"/>
        </identifiers>
        <balance>25599</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.26495"/>
        <valUSD>5030958.85</valUSD>
        <pctVal>0.5634366684</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JMDC Inc.</name>
        <lei>N/A</lei>
        <title>JMDC Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3386690006"/>
          <ticker value="4483"/>
          <other otherDesc="INTERNAL" value="BK7C5Q9"/>
        </identifiers>
        <balance>53500</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>3965946.57</valUSD>
        <pctVal>0.4441617968</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cary Group Holding AB</name>
        <lei>984500B0F8682FBB0282</lei>
        <title>Cary Group Holding AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0016609671"/>
          <ticker value="CARY"/>
          <other otherDesc="INTERNAL" value="BNZJKJ1"/>
        </identifiers>
        <balance>443439</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>5251822.01</valUSD>
        <pctVal>0.5881719935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1069067.487000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Interpump Group S.p.A.</name>
        <lei>815600C79D0F31F4D395</lei>
        <title>Interpump Group S.p.A.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0001078911"/>
          <ticker value="IP"/>
          <other otherDesc="INTERNAL" value="5161407"/>
        </identifiers>
        <balance>64704</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>4740200.69</valUSD>
        <pctVal>0.5308735300</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>H.U. Group Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>H.U. Group Holdings, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3822000000"/>
          <ticker value="4544"/>
          <other otherDesc="INTERNAL" value="6356611"/>
        </identifiers>
        <balance>61800</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>1570754.72</valUSD>
        <pctVal>0.1759149364</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LX International Corp.</name>
        <lei>988400KZJVVPCZ6BC265</lei>
        <title>LX International Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7001120005"/>
          <ticker value="A001120"/>
          <other otherDesc="INTERNAL" value="6537115"/>
        </identifiers>
        <balance>50113</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1188.75"/>
        <valUSD>1114085.22</valUSD>
        <pctVal>0.1247707412</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cian PLC</name>
        <lei>549300GFR1SDAPWD1E97</lei>
        <title>Cian PLC</title>
        <cusip>83418T108</cusip>
        <identifiers>
          <isin value="US83418T1088"/>
          <ticker value="CIAN"/>
          <other otherDesc="INTERNAL" value="83418T108"/>
        </identifiers>
        <balance>267794</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3301900.02</valUSD>
        <pctVal>0.3697926383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MIRAIT Holdings Corporation</name>
        <lei>353800RI3EZVEIDAEL62</lei>
        <title>MIRAIT Holdings Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3910620008"/>
          <ticker value="1417"/>
          <other otherDesc="INTERNAL" value="B64KR62"/>
        </identifiers>
        <balance>89700</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>1478022.63</valUSD>
        <pctVal>0.1655295086</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COLOPL, Inc.</name>
        <lei>N/A</lei>
        <title>COLOPL, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3305960001"/>
          <ticker value="3668"/>
          <other otherDesc="INTERNAL" value="B84B5K9"/>
        </identifiers>
        <balance>277000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>1582321.82</valUSD>
        <pctVal>0.1772103810</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JB Financial Group Co., Ltd.</name>
        <lei>N/A</lei>
        <title>JB Financial Group Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7175330000"/>
          <ticker value="A175330"/>
          <other otherDesc="INTERNAL" value="BB96Z33"/>
        </identifiers>
        <balance>151756</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1188.75"/>
        <valUSD>1065369.55</valUSD>
        <pctVal>0.1193148836</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bilfinger SE</name>
        <lei>529900H0HULEN2BZ4604</lei>
        <title>Bilfinger SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005909006"/>
          <ticker value="GBF"/>
          <other otherDesc="INTERNAL" value="5117381"/>
        </identifiers>
        <balance>46575</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>1583926.54</valUSD>
        <pctVal>0.1773900998</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EDION Corporation</name>
        <lei>353800697NBCW7EAHZ97</lei>
        <title>EDION Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3164470001"/>
          <ticker value="2730"/>
          <other otherDesc="INTERNAL" value="6512714"/>
        </identifiers>
        <balance>179200</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>1672532.32</valUSD>
        <pctVal>0.1873134061</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Integrafin Holdings PLC</name>
        <lei>213800CYIZKXK9PQYE87</lei>
        <title>Integrafin Holdings PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BD45SH49"/>
          <ticker value="IHP"/>
          <other otherDesc="INTERNAL" value="BD45SH4"/>
        </identifiers>
        <balance>443203</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>3357855.52</valUSD>
        <pctVal>0.3760593126</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Creditaccess Grameen Limited</name>
        <lei>335800YHFDVKKBDQMK23</lei>
        <title>Creditaccess Grameen Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE741K01010"/>
          <ticker value="CREDITACC"/>
          <other otherDesc="INTERNAL" value="BYVKG53"/>
        </identifiers>
        <balance>165800</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.33565"/>
        <valUSD>1332646.77</valUSD>
        <pctVal>0.1492483001</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hanwha Corp.</name>
        <lei>988400JE9FIHQS7TX614</lei>
        <title>Hanwha Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7000880005"/>
          <ticker value="A000880"/>
          <other otherDesc="INTERNAL" value="6496755"/>
        </identifiers>
        <balance>86981</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1188.75"/>
        <valUSD>2293436.58</valUSD>
        <pctVal>0.2568508915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Optex Co., Ltd.</name>
        <lei>N/A</lei>
        <title>Optex Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3197700002"/>
          <ticker value="6914"/>
          <other otherDesc="INTERNAL" value="6660914"/>
        </identifiers>
        <balance>103400</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>1474595.37</valUSD>
        <pctVal>0.1651456764</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TDCX Inc.</name>
        <lei>N/A</lei>
        <title>TDCX Inc.</title>
        <cusip>87190U100</cusip>
        <identifiers>
          <isin value="US87190U1007"/>
          <ticker value="TDCX"/>
          <other otherDesc="INTERNAL" value="87190U100"/>
        </identifiers>
        <balance>240633</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4608121.95</valUSD>
        <pctVal>0.5160815177</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>Infomart Corporation</name>
        <lei>N/A</lei>
        <title>Infomart Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3153480003"/>
          <ticker value="2492"/>
          <other otherDesc="INTERNAL" value="B18RC03"/>
        </identifiers>
        <balance>344300</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>2803216.29</valUSD>
        <pctVal>0.3139431059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FPT Corporation</name>
        <lei>N/A</lei>
        <title>FPT Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="VN000000FPT1"/>
          <ticker value="FPT"/>
          <other otherDesc="INTERNAL" value="B1HMWH6"/>
        </identifiers>
        <balance>875295</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="22790"/>
        <valUSD>3574781.33</valUSD>
        <pctVal>0.4003536786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>West China Cement Limited</name>
        <lei>529900MMG3NBTIWPPR63</lei>
        <title>West China Cement Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JE00B3MW7P88"/>
          <ticker value="2233"/>
          <other otherDesc="INTERNAL" value="B4N6NB4"/>
        </identifiers>
        <balance>6314000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.79755"/>
        <valUSD>1127532.68</valUSD>
        <pctVal>0.1262767746</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Indian Energy Exchange Limited</name>
        <lei>N/A</lei>
        <title>Indian Energy Exchange Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE022Q01020"/>
          <ticker value="IEX"/>
          <other otherDesc="INTERNAL" value="BGLRNT1"/>
        </identifiers>
        <balance>1080075</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.33565"/>
        <valUSD>3677421.43</valUSD>
        <pctVal>0.4118487430</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>Avanza Bank Holding AB</name>
        <lei>549300MBWR5H8SIJLE03</lei>
        <title>Avanza Bank Holding AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0012454072"/>
          <ticker value="AZA"/>
          <other otherDesc="INTERNAL" value="BJXMLF7"/>
        </identifiers>
        <balance>387132.9999</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>14209805.32</valUSD>
        <pctVal>1.5914114200</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Avanza Bank Holding AB</name>
        <lei>549300MBWR5H8SIJLE03</lei>
        <title>Avanza Bank Holding AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0012454072"/>
          <ticker value="AZA"/>
          <other otherDesc="INTERNAL" value="BJXMLF7"/>
        </identifiers>
        <balance>56560.0001</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>2076047.74</valUSD>
        <pctVal>0.2325046690</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Computer Age Management Services Private Limited</name>
        <lei>33580012MDHMBHWN5Z06</lei>
        <title>Computer Age Management Services Private Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE596I01012"/>
          <ticker value="CAMS"/>
          <other otherDesc="INTERNAL" value="BLF7FN0"/>
        </identifiers>
        <balance>87765</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.33565"/>
        <valUSD>3157750.28</valUSD>
        <pctVal>0.3536487477</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>InPost S.A.</name>
        <lei>2221003M23QLERR89585</lei>
        <title>InPost S.A.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="LU2290522684"/>
          <ticker value="INPST"/>
          <other otherDesc="INTERNAL" value="BN4N9C0"/>
        </identifiers>
        <balance>187330</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>2265689.78</valUSD>
        <pctVal>0.2537434193</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kinaxis Inc.</name>
        <lei>5299009VAZ14K7PFUQ15</lei>
        <title>Kinaxis Inc.</title>
        <cusip>49448Q109</cusip>
        <identifiers>
          <isin value="CA49448Q1090"/>
          <ticker value="KXS"/>
          <other otherDesc="INTERNAL" value="BN85P68"/>
        </identifiers>
        <balance>51315</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.26495"/>
        <valUSD>7193714.34</valUSD>
        <pctVal>0.8056520758</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DL E&amp;C Co., Ltd.</name>
        <lei>N/A</lei>
        <title>DL E&amp;C Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7375500006"/>
          <ticker value="A375500"/>
          <other otherDesc="INTERNAL" value="BNGJH11"/>
        </identifiers>
        <balance>9243</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1188.75"/>
        <valUSD>923696.19</valUSD>
        <pctVal>0.1034483325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Akatsuki Inc.</name>
        <lei>353800EZN28NUOR4N912</lei>
        <title>Akatsuki Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3107000006"/>
          <ticker value="3932"/>
          <other otherDesc="INTERNAL" value="BYXBLB5"/>
        </identifiers>
        <balance>32100</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>804354.22</valUSD>
        <pctVal>0.0900827606</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Reply S.p.A.</name>
        <lei>815600DAEFB0388F3521</lei>
        <title>Reply S.p.A.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005282865"/>
          <ticker value="REY"/>
          <other otherDesc="INTERNAL" value="BZ1DZ96"/>
        </identifiers>
        <balance>52149</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>10590132.93</valUSD>
        <pctVal>1.1860302168</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cellectis</name>
        <lei>5493000KKX5VQ37Q2W83</lei>
        <title>Cellectis</title>
        <cusip>15117K103</cusip>
        <identifiers>
          <isin value="US15117K1034"/>
          <ticker value="CLLS"/>
          <other otherDesc="INTERNAL" value="15117K103"/>
        </identifiers>
        <balance>98900</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>803068</valUSD>
        <pctVal>0.0899387119</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Celestica Inc.</name>
        <lei>549300J3CG5T6RZWLN53</lei>
        <title>Celestica Inc.</title>
        <cusip>15101Q108</cusip>
        <identifiers>
          <isin value="CA15101Q1081"/>
          <ticker value="CLS"/>
          <other otherDesc="INTERNAL" value="2263362"/>
        </identifiers>
        <balance>103005</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.26495"/>
        <valUSD>1148164.35</valUSD>
        <pctVal>0.1285873956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FD Technologies Public Limited Company</name>
        <lei>213800MKQAJ5R7WIU633</lei>
        <title>FD Technologies Public Limited Company</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0031477770"/>
          <ticker value="FDP"/>
          <other otherDesc="INTERNAL" value="3147777"/>
        </identifiers>
        <balance>107004</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>2908053.32</valUSD>
        <pctVal>0.3256842131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JNL Government Money Market Fund</name>
        <lei>N/A</lei>
        <title>JNL Government Money Market Fund</title>
        <cusip>46628D437</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="46628D437"/>
        </identifiers>
        <balance>4573877.04</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4573877.04</valUSD>
        <pctVal>0.5122462969</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eckert &amp; Ziegler Strahlen- Und Medizintechnik Ag</name>
        <lei>391200EUDABLUKXCKG48</lei>
        <title>Eckert &amp; Ziegler Strahlen- Und Medizintechnik Ag</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005659700"/>
          <ticker value="EUZ"/>
          <other otherDesc="INTERNAL" value="5689857"/>
        </identifiers>
        <balance>50314</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>5387628.39</valUSD>
        <pctVal>0.6033814787</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Golden Agri-Resources Ltd.</name>
        <lei>529900GAK9LTNC3IFY40</lei>
        <title>Golden Agri-Resources Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MU0117U00026"/>
          <ticker value="E5H"/>
          <other otherDesc="INTERNAL" value="6164472"/>
        </identifiers>
        <balance>6158600</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3476"/>
        <valUSD>1121586.35</valUSD>
        <pctVal>0.1256108219</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kawasaki Kisen Kaisha, Ltd.</name>
        <lei>353800FL04R73DS5P870</lei>
        <title>Kawasaki Kisen Kaisha, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3223800008"/>
          <ticker value="9107"/>
          <other otherDesc="INTERNAL" value="6484686"/>
        </identifiers>
        <balance>97700</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>5887914.05</valUSD>
        <pctVal>0.6594104175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xvivo Perfusion Aktiebolag</name>
        <lei>549300G2464FYLS14B41</lei>
        <title>Xvivo Perfusion Aktiebolag</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0004840718"/>
          <ticker value="XVIVO"/>
          <other otherDesc="INTERNAL" value="B898BV8"/>
        </identifiers>
        <balance>44895</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>1383144.32</valUSD>
        <pctVal>0.1549037173</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alpha FX Group PLC</name>
        <lei>213800RESM1FPUXY6K31</lei>
        <title>Alpha FX Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BF1TM596"/>
          <ticker value="AFX"/>
          <other otherDesc="INTERNAL" value="BF1TM59"/>
        </identifiers>
        <balance>112399</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>3328040.71</valUSD>
        <pctVal>0.3727202360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wealthnavi Inc.</name>
        <lei>N/A</lei>
        <title>Wealthnavi Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3155360005"/>
          <ticker value="7342"/>
          <other otherDesc="INTERNAL" value="BMC6VV7"/>
        </identifiers>
        <balance>123700</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>2189033.38</valUSD>
        <pctVal>0.2451583707</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Biocartis Group</name>
        <lei>549300J4HOJL5KG8HY54</lei>
        <title>Biocartis Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0974281132"/>
          <ticker value="BCART"/>
          <other otherDesc="INTERNAL" value="BWWYKX6"/>
        </identifiers>
        <balance>119513</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>493296.37</valUSD>
        <pctVal>0.0552461810</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="465959.579400000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>InMode Ltd</name>
        <lei>N/A</lei>
        <title>InMode Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011595993"/>
          <ticker value="INMD"/>
          <other otherDesc="INTERNAL" value="M5425M103"/>
        </identifiers>
        <balance>37548</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2650137.84</valUSD>
        <pctVal>0.2967992543</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Diploma PLC</name>
        <lei>2138008OGI7VYG8FGR19</lei>
        <title>Diploma PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0001826634"/>
          <ticker value="DPLM"/>
          <other otherDesc="INTERNAL" value="0182663"/>
        </identifiers>
        <balance>96914</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>4425443.53</valUSD>
        <pctVal>0.4956226503</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Asseco Poland SA</name>
        <lei>259400O79EWIK4XZPL40</lei>
        <title>Asseco Poland SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PLSOFTB00016"/>
          <ticker value="ACP"/>
          <other otherDesc="INTERNAL" value="5978953"/>
        </identifiers>
        <balance>37435</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="4.02915"/>
        <valUSD>803467.57</valUSD>
        <pctVal>0.0899834613</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BML, Inc.</name>
        <lei>5493003Y6Y1P8HBEL806</lei>
        <title>BML, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3799700004"/>
          <ticker value="4694"/>
          <other otherDesc="INTERNAL" value="6197876"/>
        </identifiers>
        <balance>22800</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>709164.64</valUSD>
        <pctVal>0.0794221090</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daiwabo Holdings Co., Ltd.</name>
        <lei>N/A</lei>
        <title>Daiwabo Holdings Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3505400006"/>
          <ticker value="3107"/>
          <other otherDesc="INTERNAL" value="6251426"/>
        </identifiers>
        <balance>147400</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>2357087.02</valUSD>
        <pctVal>0.2639793521</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daesang Corporation</name>
        <lei>N/A</lei>
        <title>Daesang Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7001680008"/>
          <ticker value="A001680"/>
          <other otherDesc="INTERNAL" value="6352716"/>
        </identifiers>
        <balance>51797</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1188.75"/>
        <valUSD>1010734.29</valUSD>
        <pctVal>0.1131960682</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT Bukit Asam TBK</name>
        <lei>529900XX13TXG5L4CN33</lei>
        <title>PT Bukit Asam TBK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ID1000094006"/>
          <ticker value="PTBA"/>
          <other otherDesc="INTERNAL" value="6565127"/>
        </identifiers>
        <balance>10413900</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14252.5"/>
        <valUSD>1984601.62</valUSD>
        <pctVal>0.2222632620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nissha Co., Ltd.</name>
        <lei>353800DMEBG4RFUJ0P59</lei>
        <title>Nissha Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3713200008"/>
          <ticker value="7915"/>
          <other otherDesc="INTERNAL" value="6641986"/>
        </identifiers>
        <balance>51700</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>751336.19</valUSD>
        <pctVal>0.0841450651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="735350.313600000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New Hope Corporation Limited</name>
        <lei>254900DHRUGXZSLSNZ83</lei>
        <title>New Hope Corporation Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000NHC7"/>
          <ticker value="NHC"/>
          <other otherDesc="INTERNAL" value="6681960"/>
        </identifiers>
        <balance>802697</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.374476"/>
        <valUSD>1305942.79</valUSD>
        <pctVal>0.1462576174</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1003999.944000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AfreecaTV Co., Ltd.</name>
        <lei>N/A</lei>
        <title>AfreecaTV Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7067160002"/>
          <ticker value="A067160"/>
          <other otherDesc="INTERNAL" value="6724508"/>
        </identifiers>
        <balance>22313</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1188.75"/>
        <valUSD>3792683.84</valUSD>
        <pctVal>0.4247574291</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Universal Vision Biotechnology Co., Ltd.</name>
        <lei>N/A</lei>
        <title>Universal Vision Biotechnology Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0003218004"/>
          <ticker value="3218"/>
          <other otherDesc="INTERNAL" value="6732051"/>
        </identifiers>
        <balance>407000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667"/>
        <valUSD>4174521.3</valUSD>
        <pctVal>0.4675208928</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seino Holdings Co., Ltd.</name>
        <lei>3538001D12EPCPYTTF24</lei>
        <title>Seino Holdings Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3415400005"/>
          <ticker value="9076"/>
          <other otherDesc="INTERNAL" value="6793423"/>
        </identifiers>
        <balance>88700</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>899611.75</valUSD>
        <pctVal>0.1007510223</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Melexis</name>
        <lei>549300QRPSGOJRPUFO80</lei>
        <title>Melexis</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0165385973"/>
          <ticker value="MELE"/>
          <other otherDesc="INTERNAL" value="7370063"/>
        </identifiers>
        <balance>20510</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>2444527.28</valUSD>
        <pctVal>0.2737721272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pacific Basin Shipping Limited</name>
        <lei>254900LNPK737X4Y3V26</lei>
        <title>Pacific Basin Shipping Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG684371393"/>
          <ticker value="2343"/>
          <other otherDesc="INTERNAL" value="B01RQM3"/>
        </identifiers>
        <balance>7831000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.79755"/>
        <valUSD>2876933.78</valUSD>
        <pctVal>0.3221990146</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>Naked Wines PLC</name>
        <lei>213800IYPFIRRQQE9R62</lei>
        <title>Naked Wines PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B021F836"/>
          <ticker value="WINE"/>
          <other otherDesc="INTERNAL" value="B021F83"/>
        </identifiers>
        <balance>356068</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>3134981.43</valUSD>
        <pctVal>0.3510987756</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="2181389.507000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Maytronics Ltd.</name>
        <lei>N/A</lei>
        <title>Maytronics Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010910656"/>
          <ticker value="MTRN"/>
          <other otherDesc="INTERNAL" value="B034DS7"/>
        </identifiers>
        <balance>294528</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.10895"/>
        <valUSD>7274356.65</valUSD>
        <pctVal>0.8146835221</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Maytronics Ltd.</name>
        <lei>N/A</lei>
        <title>Maytronics Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010910656"/>
          <ticker value="MTRN"/>
          <other otherDesc="INTERNAL" value="B034DS7"/>
        </identifiers>
        <balance>132000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.10895"/>
        <valUSD>3260182.66</valUSD>
        <pctVal>0.3651205488</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Global Unichip Corp.</name>
        <lei>N/A</lei>
        <title>Global Unichip Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0003443008"/>
          <ticker value="3443"/>
          <other otherDesc="INTERNAL" value="B056381"/>
        </identifiers>
        <balance>293000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667"/>
        <valUSD>6213051.03</valUSD>
        <pctVal>0.6958237738</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Klockner &amp; Co SE</name>
        <lei>529900CQ31CN6GV5LL52</lei>
        <title>Klockner &amp; Co SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000KC01000"/>
          <ticker value="KCO"/>
          <other otherDesc="INTERNAL" value="B170DQ6"/>
        </identifiers>
        <balance>143130</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>1748707.42</valUSD>
        <pctVal>0.1958445521</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Canfor Corporation</name>
        <lei>N/A</lei>
        <title>Canfor Corporation</title>
        <cusip>137576104</cusip>
        <identifiers>
          <isin value="CA1375761048"/>
          <ticker value="CFP"/>
          <other otherDesc="INTERNAL" value="B18P4F6"/>
        </identifiers>
        <balance>250460</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.26495"/>
        <valUSD>6347877.47</valUSD>
        <pctVal>0.7109235117</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dotdigital Group PLC</name>
        <lei>2138006LZ7HHQ6DWFD42</lei>
        <title>Dotdigital Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B3W40C23"/>
          <ticker value="DOTD"/>
          <other otherDesc="INTERNAL" value="B3W40C2"/>
        </identifiers>
        <balance>446078</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>1196833.29</valUSD>
        <pctVal>0.1340380197</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DGB Financial Group</name>
        <lei>N/A</lei>
        <title>DGB Financial Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7139130009"/>
          <ticker value="A139130"/>
          <other otherDesc="INTERNAL" value="B68N347"/>
        </identifiers>
        <balance>265240</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1188.75"/>
        <valUSD>2093388.82</valUSD>
        <pctVal>0.2344467640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>istyle Inc.</name>
        <lei>529900SRRLS3Q7T1JY30</lei>
        <title>istyle Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3102320003"/>
          <ticker value="3660"/>
          <other otherDesc="INTERNAL" value="B7JCJZ3"/>
        </identifiers>
        <balance>373800</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>873334.71</valUSD>
        <pctVal>0.0978081543</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="189245.884200000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Paradox Interactive AB (publ)</name>
        <lei>529900QNSZUY53R5WW95</lei>
        <title>Paradox Interactive AB (publ)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0008294953"/>
          <ticker value="PDX"/>
          <other otherDesc="INTERNAL" value="BD4F658"/>
        </identifiers>
        <balance>107777</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>2126375.95</valUSD>
        <pctVal>0.2381411211</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="2083839.355000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Royal Mail PLC</name>
        <lei>213800TCZZU84G8Z2M70</lei>
        <title>Royal Mail PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BDVZYZ77"/>
          <ticker value="RMG"/>
          <other otherDesc="INTERNAL" value="BDVZYZ7"/>
        </identifiers>
        <balance>940838</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>6452785.71</valUSD>
        <pctVal>0.7226725939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Netwealth Group Limited</name>
        <lei>N/A</lei>
        <title>Netwealth Group Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000NWL7"/>
          <ticker value="NWL"/>
          <other otherDesc="INTERNAL" value="BF52PL1"/>
        </identifiers>
        <balance>254030</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.374476"/>
        <valUSD>3268185.64</valUSD>
        <pctVal>0.3660168337</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bactiguard Holding AB</name>
        <lei>549300PAEBW7IAMOSO21</lei>
        <title>Bactiguard Holding AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0005878741"/>
          <ticker value="BACTI B"/>
          <other otherDesc="INTERNAL" value="BNGN4R8"/>
        </identifiers>
        <balance>53641</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>978996.75</valUSD>
        <pctVal>0.1096416575</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="84957.958860000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Royal Unibrew A/S</name>
        <lei>529900D69KFL8IAP8Q63</lei>
        <title>Royal Unibrew A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060634707"/>
          <ticker value="RBREW"/>
          <other otherDesc="INTERNAL" value="BX8ZX20"/>
        </identifiers>
        <balance>46680</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.53205"/>
        <valUSD>5260293.28</valUSD>
        <pctVal>0.5891207240</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eurizon Opportunita</name>
        <lei>5967007LIEEXZXGA8G28</lei>
        <title>Eurizon Opportunita</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010735343"/>
          <ticker value="EPR"/>
          <other otherDesc="INTERNAL" value="BZ07696"/>
        </identifiers>
        <balance>152689</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.80655"/>
        <valUSD>1222892.24</valUSD>
        <pctVal>0.1369564630</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tecan Group AG</name>
        <lei>529900CSN9R3BLETSL26</lei>
        <title>Tecan Group AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0012100191"/>
          <ticker value="TECN"/>
          <other otherDesc="INTERNAL" value="7110902"/>
        </identifiers>
        <balance>7828</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9112"/>
        <valUSD>4767851.69</valUSD>
        <pctVal>0.5339702732</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Unipol Gruppo Finanziario S.P.A.</name>
        <lei>8156005CE5E7340CCA86</lei>
        <title>Unipol Gruppo Finanziario S.P.A.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0004810054"/>
          <ticker value="UNI"/>
          <other otherDesc="INTERNAL" value="B7SF135"/>
        </identifiers>
        <balance>638547</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>3468955.32</valUSD>
        <pctVal>0.3885018118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BW LPG PTE. LTD.</name>
        <lei>5493006WBEME88YFDW23</lei>
        <title>BW LPG PTE. LTD.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG173841013"/>
          <ticker value="BWLPG"/>
          <other otherDesc="INTERNAL" value="BGLPC98"/>
        </identifiers>
        <balance>210939</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.80655"/>
        <valUSD>1194635.76</valUSD>
        <pctVal>0.1337919098</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>Docebo Canada Inc.</name>
        <lei>N/A</lei>
        <title>Docebo Canada Inc.</title>
        <cusip>25609L105</cusip>
        <identifiers>
          <isin value="CA25609L1058"/>
          <ticker value="DCBO"/>
          <other otherDesc="INTERNAL" value="BK5MWP9"/>
        </identifiers>
        <balance>58663</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.26495"/>
        <valUSD>3935909.57</valUSD>
        <pctVal>0.4407978362</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="939.309854300000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Docebo Canada Inc.</name>
        <lei>N/A</lei>
        <title>Docebo Canada Inc.</title>
        <cusip>25609L105</cusip>
        <identifiers>
          <isin value="CA25609L1058"/>
          <ticker value="DCBO"/>
          <other otherDesc="INTERNAL" value="BK5MWP9"/>
        </identifiers>
        <balance>43836</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.26495"/>
        <valUSD>2941113.34</valUSD>
        <pctVal>0.3293867334</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PLAID, Inc.</name>
        <lei>N/A</lei>
        <title>PLAID, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3833270006"/>
          <ticker value="4165"/>
          <other otherDesc="INTERNAL" value="BMCWCB2"/>
        </identifiers>
        <balance>127600</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>2350828.2</valUSD>
        <pctVal>0.2632784025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="2303664.249000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PER AARSLEFF Holding A/S</name>
        <lei>5493008HS8STXVZXYZ63</lei>
        <title>PER AARSLEFF Holding A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060700516"/>
          <ticker value="PAAL B"/>
          <other otherDesc="INTERNAL" value="BYMM001"/>
        </identifiers>
        <balance>19694</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.53205"/>
        <valUSD>920382.81</valUSD>
        <pctVal>0.1030772542</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CAE Inc.</name>
        <lei>549300FFM2BEH2GF1E44</lei>
        <title>CAE Inc.</title>
        <cusip>124765108</cusip>
        <identifiers>
          <isin value="CA1247651088"/>
          <ticker value="CAE"/>
          <other otherDesc="INTERNAL" value="2162760"/>
        </identifiers>
        <balance>158416</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.26495"/>
        <valUSD>3996248.52</valUSD>
        <pctVal>0.4475554301</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Siegfried Holding AG</name>
        <lei>506700J9QD6IF3937W06</lei>
        <title>Siegfried Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0014284498"/>
          <ticker value="SFZN"/>
          <other otherDesc="INTERNAL" value="7391763"/>
        </identifiers>
        <balance>4897</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9112"/>
        <valUSD>4756286.06</valUSD>
        <pctVal>0.5326749932</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Genexine, Inc.</name>
        <lei>N/A</lei>
        <title>Genexine, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7095700001"/>
          <ticker value="A095700"/>
          <other otherDesc="INTERNAL" value="B3XSP95"/>
        </identifiers>
        <balance>13941</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1188.75"/>
        <valUSD>682380.9</valUSD>
        <pctVal>0.0764224937</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Evraz PLC</name>
        <lei>5493005B7DAN39RXLK23</lei>
        <title>Evraz PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B71N6K86"/>
          <ticker value="EVR"/>
          <other otherDesc="INTERNAL" value="B71N6K8"/>
        </identifiers>
        <balance>717623</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>5854804.48</valUSD>
        <pctVal>0.6557023479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASPEED Technology Inc.</name>
        <lei>N/A</lei>
        <title>ASPEED Technology Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0005274005"/>
          <ticker value="5274"/>
          <other otherDesc="INTERNAL" value="B80VKP3"/>
        </identifiers>
        <balance>90000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667"/>
        <valUSD>11607192.62</valUSD>
        <pctVal>1.2999346911</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASPEED Technology Inc.</name>
        <lei>N/A</lei>
        <title>ASPEED Technology Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0005274005"/>
          <ticker value="5274"/>
          <other otherDesc="INTERNAL" value="B80VKP3"/>
        </identifiers>
        <balance>37000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667"/>
        <valUSD>4771845.85</valUSD>
        <pctVal>0.5344175947</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sensirion Holding AG</name>
        <lei>8945003M3YNIE0AWEM05</lei>
        <title>Sensirion Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0406705126"/>
          <ticker value="SENS"/>
          <other otherDesc="INTERNAL" value="BG0SQC9"/>
        </identifiers>
        <balance>48660</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9112"/>
        <valUSD>7108560.45</valUSD>
        <pctVal>0.7961153602</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>The Descartes Systems Group Inc.</name>
        <lei>875500NEPA7JI5EOMN45</lei>
        <title>The Descartes Systems Group Inc.</title>
        <cusip>249906108</cusip>
        <identifiers>
          <isin value="CA2499061083"/>
          <ticker value="DSG"/>
          <other otherDesc="INTERNAL" value="2141941"/>
        </identifiers>
        <balance>56632</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.26495"/>
        <valUSD>4683852.99</valUSD>
        <pctVal>0.5245629317</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Empreendimentos Pague Menos S.A</name>
        <lei>549300FBHB2O0Y7P2P98</lei>
        <title>Empreendimentos Pague Menos S.A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRPGMNACNOR8"/>
          <ticker value="PGMN3"/>
          <other otherDesc="INTERNAL" value="BK7YTP2"/>
        </identifiers>
        <balance>1288017</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.57"/>
        <valUSD>2162111.12</valUSD>
        <pctVal>0.2421432420</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>Television Francaise 1</name>
        <lei>969500WQFC6OAQYG7E65</lei>
        <title>Television Francaise 1</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000054900"/>
          <ticker value="TFI"/>
          <other otherDesc="INTERNAL" value="5997118"/>
        </identifiers>
        <balance>95217</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>946836.71</valUSD>
        <pctVal>0.1060399294</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AmTran Technology Co., Ltd.</name>
        <lei>254900LIRE6I1OXNHX91</lei>
        <title>AmTran Technology Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0002489002"/>
          <ticker value="2489"/>
          <other otherDesc="INTERNAL" value="6185826"/>
        </identifiers>
        <balance>5293000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667"/>
        <valUSD>3390844.22</valUSD>
        <pctVal>0.3797538456</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Inter Action Corporation</name>
        <lei>N/A</lei>
        <title>Inter Action Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3152720003"/>
          <ticker value="7725"/>
          <other otherDesc="INTERNAL" value="6321266"/>
        </identifiers>
        <balance>56000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>1207271.28</valUSD>
        <pctVal>0.1352070108</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kandenko Co., Ltd.</name>
        <lei>35380080NSN7GCYZ3X14</lei>
        <title>Kandenko Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3230600003"/>
          <ticker value="1942"/>
          <other otherDesc="INTERNAL" value="6483586"/>
        </identifiers>
        <balance>103900</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>773537.08</valUSD>
        <pctVal>0.0866314292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Supalai Public Company Limited</name>
        <lei>N/A</lei>
        <title>Supalai Public Company Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0371010Z13"/>
          <ticker value="SPALI-F"/>
          <other otherDesc="INTERNAL" value="6554675"/>
        </identifiers>
        <balance>2439200</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405"/>
        <valUSD>1656120.93</valUSD>
        <pctVal>0.1854754306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Electric Glass Co.,Ltd.</name>
        <lei>529900NCIGSAX4V03234</lei>
        <title>Nippon Electric Glass Co.,Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3733400000"/>
          <ticker value="5214"/>
          <other otherDesc="INTERNAL" value="6642666"/>
        </identifiers>
        <balance>134600</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>3452627.13</valUSD>
        <pctVal>0.3866731542</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="3383369.379000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sato Holdings Corporation</name>
        <lei>N/A</lei>
        <title>Sato Holdings Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3321400008"/>
          <ticker value="6287"/>
          <other otherDesc="INTERNAL" value="6777579"/>
        </identifiers>
        <balance>69400</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>1328694.03</valUSD>
        <pctVal>0.1488056173</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SSAB AB</name>
        <lei>529900329VS14ZIML164</lei>
        <title>SSAB AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000120669"/>
          <ticker value="SSAB B"/>
          <other otherDesc="INTERNAL" value="B17H3F6"/>
        </identifiers>
        <balance>1213622</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>6116832.97</valUSD>
        <pctVal>0.6850479386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Crescent Point Energy Corp.</name>
        <lei>549300FTKUHZK8OC7N74</lei>
        <title>Crescent Point Energy Corp.</title>
        <cusip>22576C101</cusip>
        <identifiers>
          <isin value="CA22576C1014"/>
          <ticker value="CPG"/>
          <other otherDesc="INTERNAL" value="B67C8W8"/>
        </identifiers>
        <balance>618500</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.26495"/>
        <valUSD>3300426.89</valUSD>
        <pctVal>0.3696276568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Interfor Corporation</name>
        <lei>549300P4G5UZ3AMJE056</lei>
        <title>Interfor Corporation</title>
        <cusip>45868C109</cusip>
        <identifiers>
          <isin value="CA45868C1095"/>
          <ticker value="IFP"/>
          <other otherDesc="INTERNAL" value="BMJ71W4"/>
        </identifiers>
        <balance>213137</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.26495"/>
        <valUSD>6825708.42</valUSD>
        <pctVal>0.7644376601</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PolyPeptide Group AG</name>
        <lei>5067007JCKTPOX4G9758</lei>
        <title>PolyPeptide Group AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH1110760852"/>
          <ticker value="PPGN"/>
          <other otherDesc="INTERNAL" value="BNC0LN8"/>
        </identifiers>
        <balance>63822</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9112"/>
        <valUSD>9566446.42</valUSD>
        <pctVal>1.0713835791</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grupo SBF S/A</name>
        <lei>N/A</lei>
        <title>Grupo SBF S/A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRSBFGACNOR1"/>
          <ticker value="SBFG3"/>
          <other otherDesc="INTERNAL" value="BNDRCL3"/>
        </identifiers>
        <balance>750400</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.57"/>
        <valUSD>3040513.16</valUSD>
        <pctVal>0.3405189062</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bengo4.com, Inc.</name>
        <lei>N/A</lei>
        <title>Bengo4.com, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3835870001"/>
          <ticker value="6027"/>
          <other otherDesc="INTERNAL" value="BSLTDM4"/>
        </identifiers>
        <balance>80700.0001</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>4241287.67</valUSD>
        <pctVal>0.4749983185</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1162070.775000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Molten Ventures PLC</name>
        <lei>213800IPCR3SAYJWSW10</lei>
        <title>Molten Ventures PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BY7QYJ50"/>
          <ticker value="GROW"/>
          <other otherDesc="INTERNAL" value="BY7QYJ5"/>
        </identifiers>
        <balance>224300</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>3095037.18</valUSD>
        <pctVal>0.3466252635</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HORNBACH Holding AG &amp; Co. KGaA</name>
        <lei>529900EGQZ79V21LBL44</lei>
        <title>HORNBACH Holding AG &amp; Co. KGaA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006083405"/>
          <ticker value="HBH"/>
          <other otherDesc="INTERNAL" value="BZBWTJ1"/>
        </identifiers>
        <balance>8558</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>1291473.84</valUSD>
        <pctVal>0.1446371834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GrainCorp Limited</name>
        <lei>529900XVBL825SSW9081</lei>
        <title>GrainCorp Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000GNC9"/>
          <ticker value="GNC"/>
          <other otherDesc="INTERNAL" value="6102331"/>
        </identifiers>
        <balance>572136</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.374476"/>
        <valUSD>3442808.68</valUSD>
        <pctVal>0.3855735478</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>National Aluminium Co Ltd</name>
        <lei>335800OM1V78CX7SSC72</lei>
        <title>National Aluminium Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE139A01034"/>
          <ticker value="NATIONALUM"/>
          <other otherDesc="INTERNAL" value="6139447"/>
        </identifiers>
        <balance>3885070</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.33565"/>
        <valUSD>5299482.13</valUSD>
        <pctVal>0.5935096359</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>Chroma ATE Inc.</name>
        <lei>N/A</lei>
        <title>Chroma ATE Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0002360005"/>
          <ticker value="2360"/>
          <other otherDesc="INTERNAL" value="6212100"/>
        </identifiers>
        <balance>680000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667"/>
        <valUSD>4906779.92</valUSD>
        <pctVal>0.5495293865</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Companhia de Saneamento de Minas Gerais - Copasa MG</name>
        <lei>N/A</lei>
        <title>Companhia de Saneamento de Minas Gerais - Copasa MG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRCSMGACNOR5"/>
          <ticker value="CSMG3"/>
          <other otherDesc="INTERNAL" value="B0YBZJ2"/>
        </identifiers>
        <balance>684100</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.57"/>
        <valUSD>1562537.95</valUSD>
        <pctVal>0.1749947084</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dragerwerk AG &amp; Co. KGaA</name>
        <lei>5493005UFVHY0PPNKD75</lei>
        <title>Dragerwerk AG &amp; Co. KGaA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005550636"/>
          <ticker value="DRW3"/>
          <other otherDesc="INTERNAL" value="5169218"/>
        </identifiers>
        <balance>18627</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>1171677.49</valUSD>
        <pctVal>0.1312207237</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>mixi, Inc.</name>
        <lei>529900IL3THMH0SFYQ49</lei>
        <title>mixi, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3882750007"/>
          <ticker value="2121"/>
          <other otherDesc="INTERNAL" value="B1BSCX6"/>
        </identifiers>
        <balance>76900</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>1347896.08</valUSD>
        <pctVal>0.1509561297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Power Finance Corporation Limited</name>
        <lei>3358003Q6D9LIJJZ1614</lei>
        <title>Power Finance Corporation Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE134E01011"/>
          <ticker value="PFC"/>
          <other otherDesc="INTERNAL" value="B1S7225"/>
        </identifiers>
        <balance>2792228</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.33565"/>
        <valUSD>4511906.24</valUSD>
        <pctVal>0.5053059458</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>Supreme Electronics Co., Ltd.</name>
        <lei>N/A</lei>
        <title>Supreme Electronics Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0008112004"/>
          <ticker value="8112"/>
          <other otherDesc="INTERNAL" value="6728373"/>
        </identifiers>
        <balance>481000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667"/>
        <valUSD>878184.06</valUSD>
        <pctVal>0.0983512519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Metcash Limited</name>
        <lei>25490065W4SN3LZMX216</lei>
        <title>Metcash Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MTS0"/>
          <ticker value="MTS"/>
          <other otherDesc="INTERNAL" value="B0744W4"/>
        </identifiers>
        <balance>1376228</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.374476"/>
        <valUSD>4509904.31</valUSD>
        <pctVal>0.5050817418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Demae-Can Co., Ltd</name>
        <lei>35380058ZGSGRV80PE35</lei>
        <title>Demae-Can Co., Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3952870008"/>
          <ticker value="2484"/>
          <other otherDesc="INTERNAL" value="B13V385"/>
        </identifiers>
        <balance>118700</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>948086.86</valUSD>
        <pctVal>0.1061799386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Magazine Luiza S.A.</name>
        <lei>N/A</lei>
        <title>Magazine Luiza S.A.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRMGLUACNOR2"/>
          <ticker value="MGLU3"/>
          <other otherDesc="INTERNAL" value="B4975P9"/>
        </identifiers>
        <balance>5313900</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.57"/>
        <valUSD>6868521.99</valUSD>
        <pctVal>0.7692325185</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japan Elevator Service Holdings Co., Ltd.</name>
        <lei>N/A</lei>
        <title>Japan Elevator Service Holdings Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3389510003"/>
          <ticker value="6544"/>
          <other otherDesc="INTERNAL" value="BF0QWT5"/>
        </identifiers>
        <balance>102900</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>1919825.85</valUSD>
        <pctVal>0.2150087713</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Addtech AB</name>
        <lei>549300QZ5U2IDRHPWL60</lei>
        <title>Addtech AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0014781795"/>
          <ticker value="0QI7"/>
          <other otherDesc="INTERNAL" value="BLN8T44"/>
        </identifiers>
        <balance>435082</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>10390069.01</valUSD>
        <pctVal>1.1636242795</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MegaChips Corporation</name>
        <lei>529900CHDZ5G02UMD829</lei>
        <title>MegaChips Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3920860008"/>
          <ticker value="6875"/>
          <other otherDesc="INTERNAL" value="6123923"/>
        </identifiers>
        <balance>177000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>7919050.01</valUSD>
        <pctVal>0.8868852414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JHS F PAR S/A</name>
        <lei>N/A</lei>
        <title>JHS F PAR S/A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRJHSFACNOR2"/>
          <ticker value="JHSF3"/>
          <other otherDesc="INTERNAL" value="B1VN5C1"/>
        </identifiers>
        <balance>2006400</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.57"/>
        <valUSD>2013704.45</valUSD>
        <pctVal>0.2255226012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT Erajaya Swasembada Tbk</name>
        <lei>N/A</lei>
        <title>PT Erajaya Swasembada Tbk</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ID1000121601"/>
          <ticker value="ERAA"/>
          <other otherDesc="INTERNAL" value="B66D0K4"/>
        </identifiers>
        <balance>24081900</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14252.5"/>
        <valUSD>1014610.96</valUSD>
        <pctVal>0.1136302315</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FDM Group (Holdings) PLC</name>
        <lei>213800YR62D7GUZLMZ71</lei>
        <title>FDM Group (Holdings) PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BLWDVP51"/>
          <ticker value="FDM"/>
          <other otherDesc="INTERNAL" value="BLWDVP5"/>
        </identifiers>
        <balance>167813</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>2887731.1</valUSD>
        <pctVal>0.3234082485</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Computacenter PLC</name>
        <lei>549300XSXUZ1I19DB105</lei>
        <title>Computacenter PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BV9FP302"/>
          <ticker value="CCC"/>
          <other otherDesc="INTERNAL" value="BV9FP30"/>
        </identifiers>
        <balance>64663</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>2551063.96</valUSD>
        <pctVal>0.2857035848</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vitec Software Group AB (publ)</name>
        <lei>5493005EB5RV1QHE6H94</lei>
        <title>Vitec Software Group AB (publ)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0007871363"/>
          <ticker value="VIT B"/>
          <other otherDesc="INTERNAL" value="BD96BJ5"/>
        </identifiers>
        <balance>81668</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>5029824.62</valUSD>
        <pctVal>0.5633096415</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASR Nederland N.V.</name>
        <lei>7245000G0HS48PZWUD53</lei>
        <title>ASR Nederland N.V.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0011872643"/>
          <ticker value="ASRNL"/>
          <other otherDesc="INTERNAL" value="BD9PNF2"/>
        </identifiers>
        <balance>137665</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>6353093</valUSD>
        <pctVal>0.7115076192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Birlasoft Solutions Ltda</name>
        <lei>3358009MOTWWU66WMV49</lei>
        <title>Birlasoft Solutions Ltda</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE04I401011"/>
          <ticker value="KPITTECH"/>
          <other otherDesc="INTERNAL" value="BFMX0X4"/>
        </identifiers>
        <balance>643264</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.33565"/>
        <valUSD>5312589.58</valUSD>
        <pctVal>0.5949775903</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>Veganz Group AG</name>
        <lei>391200WJ0J8QYRQNC671</lei>
        <title>Veganz Group AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A3E5ED2"/>
          <ticker value="VEZ"/>
          <other otherDesc="INTERNAL" value="BLH36Q6"/>
        </identifiers>
        <balance>9884</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>1029780.87</valUSD>
        <pctVal>0.1153291688</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nordnet AB</name>
        <lei>549300D6WW5ZTWLZ4C08</lei>
        <title>Nordnet AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0015192067"/>
          <ticker value="SAVE"/>
          <other otherDesc="INTERNAL" value="BNDLH43"/>
        </identifiers>
        <balance>161836</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>3106565.97</valUSD>
        <pctVal>0.3479164176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BayCurrent Consulting , Inc.</name>
        <lei>N/A</lei>
        <title>BayCurrent Consulting , Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3835250006"/>
          <ticker value="6532"/>
          <other otherDesc="INTERNAL" value="BYP20B9"/>
        </identifiers>
        <balance>11900</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>4596897.27</valUSD>
        <pctVal>0.5148244221</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kintetsu World Express, Inc.</name>
        <lei>353800NJM7BQDHSWJM19</lei>
        <title>Kintetsu World Express, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3262900008"/>
          <ticker value="9375"/>
          <other otherDesc="INTERNAL" value="6282211"/>
        </identifiers>
        <balance>63300</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>1646680.49</valUSD>
        <pctVal>0.1844181590</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Simplo Technology Co., Ltd.</name>
        <lei>N/A</lei>
        <title>Simplo Technology Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0006121007"/>
          <ticker value="6121"/>
          <other otherDesc="INTERNAL" value="6421928"/>
        </identifiers>
        <balance>469365</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667"/>
        <valUSD>5592830.74</valUSD>
        <pctVal>0.6263628888</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Stevanato Group Societa' Per Azioni</name>
        <lei>81560033F7E1CD477507</lei>
        <title>Stevanato Group Societa' Per Azioni</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005452658"/>
          <ticker value="STVN"/>
          <other otherDesc="INTERNAL" value="T9224W109"/>
        </identifiers>
        <balance>258779</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5809588.55</valUSD>
        <pctVal>0.6506384399</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Duzon Bizon Co., Ltd.</name>
        <lei>N/A</lei>
        <title>Duzon Bizon Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7012510004"/>
          <ticker value="A012510"/>
          <other otherDesc="INTERNAL" value="6510989"/>
        </identifiers>
        <balance>92724</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1188.75"/>
        <valUSD>5695555.5</valUSD>
        <pctVal>0.6378674346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sri Trang Agro-Industry Public Company Limited</name>
        <lei>254900D4NQ5CJSXKLT05</lei>
        <title>Sri Trang Agro-Industry Public Company Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0254A10Z14"/>
          <ticker value="STA-F"/>
          <other otherDesc="INTERNAL" value="B05BPF7"/>
        </identifiers>
        <balance>1116900</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405"/>
        <valUSD>1038670.36</valUSD>
        <pctVal>0.1163247374</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hyosung TNC Corporation</name>
        <lei>988400BL3EUWYB39P076</lei>
        <title>Hyosung TNC Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7298020009"/>
          <ticker value="A298020"/>
          <other otherDesc="INTERNAL" value="BD83164"/>
        </identifiers>
        <balance>4273</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1188.75"/>
        <valUSD>1862840.61</valUSD>
        <pctVal>0.2086267724</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BE Semiconductor Industries N.V.</name>
        <lei>7245007A1YFLI2GNYX06</lei>
        <title>BE Semiconductor Industries N.V.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0012866412"/>
          <ticker value="BESI"/>
          <other otherDesc="INTERNAL" value="BG0SCK9"/>
        </identifiers>
        <balance>64692</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>5508026.25</valUSD>
        <pctVal>0.6168653038</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Flex Lng Ltd.</name>
        <lei>21380084THHU3MPC3647</lei>
        <title>Flex Lng Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG359472021"/>
          <ticker value="FLNG"/>
          <other otherDesc="INTERNAL" value="BJJMGB2"/>
        </identifiers>
        <balance>69631</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="8.80655"/>
        <valUSD>1558035.17</valUSD>
        <pctVal>0.1744904245</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>Cargojet Inc.</name>
        <lei>549300C4GBBANCBT3K72</lei>
        <title>Cargojet Inc.</title>
        <cusip>14179V503</cusip>
        <identifiers>
          <isin value="CA14179V5036"/>
          <ticker value="CJT"/>
          <other otherDesc="INTERNAL" value="BJXM607"/>
        </identifiers>
        <balance>27562</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.26495"/>
        <valUSD>3629394.32</valUSD>
        <pctVal>0.4064700000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="3556706.356000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sectra Aktiebolag</name>
        <lei>549300R9ZBT8YSFFK266</lei>
        <title>Sectra Aktiebolag</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0016278196"/>
          <ticker value="SECT B"/>
          <other otherDesc="INTERNAL" value="BKP5645"/>
        </identifiers>
        <balance>151982</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>3367854.62</valUSD>
        <pctVal>0.3771791508</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hypebeast Limited</name>
        <lei>N/A</lei>
        <title>Hypebeast Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG468321040"/>
          <ticker value="150"/>
          <other otherDesc="INTERNAL" value="BYZWZT2"/>
        </identifiers>
        <balance>6142500</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.79755"/>
        <valUSD>856959.71</valUSD>
        <pctVal>0.0959742543</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>Posco International Corporation</name>
        <lei>988400B6ECL5BWA8KC19</lei>
        <title>Posco International Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7047050000"/>
          <ticker value="A047050"/>
          <other otherDesc="INTERNAL" value="6344274"/>
        </identifiers>
        <balance>196816</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1188.75"/>
        <valUSD>3714618.89</valUSD>
        <pctVal>0.4160146314</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Credit Saison Co.,Ltd</name>
        <lei>529900SV58ZWTGRH3A66</lei>
        <title>Credit Saison Co.,Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3271400008"/>
          <ticker value="8253"/>
          <other otherDesc="INTERNAL" value="6591809"/>
        </identifiers>
        <balance>274500</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>2886076.03</valUSD>
        <pctVal>0.3232228908</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Anadolu Efes Biracilik Ve Malt San.A.S.</name>
        <lei>7890006LGARYVIPOJX03</lei>
        <title>Anadolu Efes Biracilik Ve Malt San.A.S.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRAAEFES91A9"/>
          <ticker value="AEFES"/>
          <other otherDesc="INTERNAL" value="B03MNV4"/>
        </identifiers>
        <balance>707868</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="13.229"/>
        <valUSD>1587159.27</valUSD>
        <pctVal>0.1777521458</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>u-blox Holding AG</name>
        <lei>506700B2W2NUXS9X8479</lei>
        <title>u-blox Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0033361673"/>
          <ticker value="UBXN"/>
          <other otherDesc="INTERNAL" value="B28PS95"/>
        </identifiers>
        <balance>13829</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9112"/>
        <valUSD>1066147.39</valUSD>
        <pctVal>0.1194019970</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT Indo Tambangraya Megah Tbk</name>
        <lei>52990056ZNHB217ZKL92</lei>
        <title>PT Indo Tambangraya Megah Tbk</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ID1000108509"/>
          <ticker value="ITMG"/>
          <other otherDesc="INTERNAL" value="B29SK75"/>
        </identifiers>
        <balance>1424600</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="14252.5"/>
        <valUSD>2040083.05</valUSD>
        <pctVal>0.2284768433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Swedencare AB (publ)</name>
        <lei>549300FZT7YIF6SWX789</lei>
        <title>Swedencare AB (publ)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0015988167"/>
          <ticker value="SECARE"/>
          <other otherDesc="INTERNAL" value="BNNFQ37"/>
        </identifiers>
        <balance>260917</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>4448303.86</valUSD>
        <pctVal>0.4981828676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aumann AG</name>
        <lei>529900GLI93PGU71F690</lei>
        <title>Aumann AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A2DAM03"/>
          <ticker value="AAG"/>
          <other otherDesc="INTERNAL" value="BYW82K3"/>
        </identifiers>
        <balance>45486</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>711513.45</valUSD>
        <pctVal>0.0796851614</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOITEC</name>
        <lei>969500ZR92SQCU9TST26</lei>
        <title>SOITEC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013227113"/>
          <ticker value="SOI"/>
          <other otherDesc="INTERNAL" value="BZ6T5C2"/>
        </identifiers>
        <balance>19339</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>4739461.69</valUSD>
        <pctVal>0.5307907665</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZIM Integrated Shipping Services Ltd</name>
        <lei>21380089EIJRELKAIL21</lei>
        <title>ZIM Integrated Shipping Services Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0065100930"/>
          <ticker value="ZIM"/>
          <other otherDesc="INTERNAL" value="M9T951109"/>
        </identifiers>
        <balance>32000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1883520</valUSD>
        <pctVal>0.2109427378</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SIBON Electronics Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SIBON Electronics Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0003023008"/>
          <ticker value="3023"/>
          <other otherDesc="INTERNAL" value="6349354"/>
        </identifiers>
        <balance>436000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667"/>
        <valUSD>4479544.78</valUSD>
        <pctVal>0.5016816599</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JEOL Ltd.</name>
        <lei>N/A</lei>
        <title>JEOL Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3735000006"/>
          <ticker value="6951"/>
          <other otherDesc="INTERNAL" value="6470544"/>
        </identifiers>
        <balance>88400</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>7024333.32</valUSD>
        <pctVal>0.7866824359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Komeri Co., Ltd.</name>
        <lei>N/A</lei>
        <title>Komeri Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3305600003"/>
          <ticker value="8218"/>
          <other otherDesc="INTERNAL" value="6496250"/>
        </identifiers>
        <balance>44700</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>994045.94</valUSD>
        <pctVal>0.1113270749</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Artis Real Estate Investment Trust</name>
        <lei>549300OG2O5VI2N1XS44</lei>
        <title>Artis Real Estate Investment Trust</title>
        <cusip>04315L105</cusip>
        <identifiers>
          <isin value="CA04315L1058"/>
          <ticker value="AX.UN"/>
          <other otherDesc="INTERNAL" value="B0XZXV3"/>
        </identifiers>
        <balance>256900</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.26495"/>
        <valUSD>2424906.91</valUSD>
        <pctVal>0.2715747656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Airtac International Group</name>
        <lei>N/A</lei>
        <title>Airtac International Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG014081064"/>
          <ticker value="1590"/>
          <other otherDesc="INTERNAL" value="B52J816"/>
        </identifiers>
        <balance>117782</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667"/>
        <valUSD>4362289.89</valUSD>
        <pctVal>0.4885498282</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>Airtac International Group</name>
        <lei>N/A</lei>
        <title>Airtac International Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG014081064"/>
          <ticker value="1590"/>
          <other otherDesc="INTERNAL" value="B52J816"/>
        </identifiers>
        <balance>293773</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667"/>
        <valUSD>10880465.51</valUSD>
        <pctVal>1.2185456928</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>AP (Thailand) Public Company Limited</name>
        <lei>N/A</lei>
        <title>AP (Thailand) Public Company Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0308010Y16"/>
          <ticker value="AP-F"/>
          <other otherDesc="INTERNAL" value="B99J5Q1"/>
        </identifiers>
        <balance>5257600</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405"/>
        <valUSD>1501901.39</valUSD>
        <pctVal>0.1682037839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KATITAS Co., Ltd.</name>
        <lei>N/A</lei>
        <title>KATITAS Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3932950003"/>
          <ticker value="8919"/>
          <other otherDesc="INTERNAL" value="BF0QD69"/>
        </identifiers>
        <balance>165400</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>6376775.95</valUSD>
        <pctVal>0.7141599650</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bossard Holding AG</name>
        <lei>5067001959OEPG6X8016</lei>
        <title>Bossard Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0238627142"/>
          <ticker value="BOSN"/>
          <other otherDesc="INTERNAL" value="BLNN0G8"/>
        </identifiers>
        <balance>12668</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9112"/>
        <valUSD>4560948.84</valUSD>
        <pctVal>0.5107984175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KH Neochem Co., Ltd.</name>
        <lei>N/A</lei>
        <title>KH Neochem Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3277040006"/>
          <ticker value="4189"/>
          <other otherDesc="INTERNAL" value="BZCRNM6"/>
        </identifiers>
        <balance>73400</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>2030660.05</valUSD>
        <pctVal>0.2274215249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CI&amp;T Inc</name>
        <lei>N/A</lei>
        <title>CI&amp;T Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG213071064"/>
          <ticker value="CINT"/>
          <other otherDesc="INTERNAL" value="G21307106"/>
        </identifiers>
        <balance>391256</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4652033.84</valUSD>
        <pctVal>0.5209993812</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>Headhunter Group PLC</name>
        <lei>549300IMUCFEWXP6RU11</lei>
        <title>Headhunter Group PLC</title>
        <cusip>42207L106</cusip>
        <identifiers>
          <isin value="US42207L1061"/>
          <ticker value="HHR"/>
          <other otherDesc="INTERNAL" value="42207L106"/>
        </identifiers>
        <balance>55988</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2860426.92</valUSD>
        <pctVal>0.3203503471</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NISHIMATSUYA CHAIN Co., Ltd.</name>
        <lei>N/A</lei>
        <title>NISHIMATSUYA CHAIN Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3659300002"/>
          <ticker value="7545"/>
          <other otherDesc="INTERNAL" value="6016926"/>
        </identifiers>
        <balance>111100</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>1331861.42</valUSD>
        <pctVal>0.1491603457</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHIMAMURA Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SHIMAMURA Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3358200008"/>
          <ticker value="8227"/>
          <other otherDesc="INTERNAL" value="6804035"/>
        </identifiers>
        <balance>61400</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>5160792.39</valUSD>
        <pctVal>0.5779772320</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yanlord Land Group Limited</name>
        <lei>N/A</lei>
        <title>Yanlord Land Group Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1T57930854"/>
          <ticker value="Z25"/>
          <other otherDesc="INTERNAL" value="B17KMY7"/>
        </identifiers>
        <balance>1991400</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.3476"/>
        <valUSD>1639334.79</valUSD>
        <pctVal>0.1835954855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fnac Darty</name>
        <lei>96950091FL62XSLPHO35</lei>
        <title>Fnac Darty</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0011476928"/>
          <ticker value="FNAC"/>
          <other otherDesc="INTERNAL" value="B7VQL46"/>
        </identifiers>
        <balance>22720</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>1485902.11</valUSD>
        <pctVal>0.1664119623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sdiptech AB (publ)</name>
        <lei>549300JBO7VTEGMRW310</lei>
        <title>Sdiptech AB (publ)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0003756758"/>
          <ticker value="SDIP B"/>
          <other otherDesc="INTERNAL" value="BD8YX16"/>
        </identifiers>
        <balance>79339</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>4136961.83</valUSD>
        <pctVal>0.4633144615</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sansan, Inc.</name>
        <lei>N/A</lei>
        <title>Sansan, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3332540008"/>
          <ticker value="4443"/>
          <other otherDesc="INTERNAL" value="BJYJG18"/>
        </identifiers>
        <balance>130400</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>2820737.66</valUSD>
        <pctVal>0.3159053924</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VNV Global AB (publ)</name>
        <lei>549300ONMNSTOBAU0S14</lei>
        <title>VNV Global AB (publ)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0014428835"/>
          <ticker value="VNV"/>
          <other otherDesc="INTERNAL" value="BMTCQY6"/>
        </identifiers>
        <balance>229880</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>2661279.89</valUSD>
        <pctVal>0.2980470959</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wizz Air Holdings PLC</name>
        <lei>213800COXGZCORLJZA85</lei>
        <title>Wizz Air Holdings PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JE00BN574F90"/>
          <ticker value="WIZZ"/>
          <other otherDesc="INTERNAL" value="BN574F9"/>
        </identifiers>
        <balance>84084</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>4748448.82</valUSD>
        <pctVal>0.5317972702</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Team17 Group PLC</name>
        <lei>2138006EUUCCL4ZI5E51</lei>
        <title>Team17 Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYVX2X20"/>
          <ticker value="TM17"/>
          <other otherDesc="INTERNAL" value="BYVX2X2"/>
        </identifiers>
        <balance>292450</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>3088711.04</valUSD>
        <pctVal>0.3459167745</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Team17 Group PLC</name>
        <lei>2138006EUUCCL4ZI5E51</lei>
        <title>Team17 Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYVX2X20"/>
          <ticker value="TM17"/>
          <other otherDesc="INTERNAL" value="BYVX2X2"/>
        </identifiers>
        <balance>309759</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>3271520.06</valUSD>
        <pctVal>0.3663902683</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Keller Group PLC</name>
        <lei>549300QO4MBL43UHSN10</lei>
        <title>Keller Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0004866223"/>
          <ticker value="KLR"/>
          <other otherDesc="INTERNAL" value="0486622"/>
        </identifiers>
        <balance>114036</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>1527490.57</valUSD>
        <pctVal>0.1710696158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JNL Government Money Market Fund</name>
        <lei>N/A</lei>
        <title>JNL Government Money Market Fund</title>
        <cusip>46628D437</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="46628D437"/>
        </identifiers>
        <balance>4563174.64</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4563174.64</valUSD>
        <pctVal>0.5110476935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JNL Government Money Market Fund</name>
        <lei>N/A</lei>
        <title>JNL Government Money Market Fund</title>
        <cusip>46628D437</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="46628D437"/>
        </identifiers>
        <balance>7896151.44</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7896151.44</valUSD>
        <pctVal>0.8843207414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gulliver International Co., Ltd.</name>
        <lei>N/A</lei>
        <title>Gulliver International Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3235700006"/>
          <ticker value="7599"/>
          <other otherDesc="INTERNAL" value="6136374"/>
        </identifiers>
        <balance>147000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>925341.35</valUSD>
        <pctVal>0.1036325804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IRISO Electronics Co., Ltd.</name>
        <lei>N/A</lei>
        <title>IRISO Electronics Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3149800009"/>
          <ticker value="6908"/>
          <other otherDesc="INTERNAL" value="6461128"/>
        </identifiers>
        <balance>42600</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>1606533.35</valUSD>
        <pctVal>0.1799219245</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kerry Properties Limited</name>
        <lei>5299006T5ULIIRZ7LK49</lei>
        <title>Kerry Properties Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG524401079"/>
          <ticker value="683"/>
          <other otherDesc="INTERNAL" value="6486314"/>
        </identifiers>
        <balance>897935</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.79755"/>
        <valUSD>2338555.98</valUSD>
        <pctVal>0.2619039888</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>Kindom Construction Corp.</name>
        <lei>N/A</lei>
        <title>Kindom Construction Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0002520004"/>
          <ticker value="2520"/>
          <other otherDesc="INTERNAL" value="6491329"/>
        </identifiers>
        <balance>1217000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667"/>
        <valUSD>1660829.04</valUSD>
        <pctVal>0.1860027102</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DMG Mori Co., Ltd.</name>
        <lei>353800P4I3FIXTQV2E13</lei>
        <title>DMG Mori Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3924800000"/>
          <ticker value="6141"/>
          <other otherDesc="INTERNAL" value="6602563"/>
        </identifiers>
        <balance>123200</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>2119694.66</valUSD>
        <pctVal>0.2373928575</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tsugami Corporation</name>
        <lei>N/A</lei>
        <title>Tsugami Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3531800005"/>
          <ticker value="6101"/>
          <other otherDesc="INTERNAL" value="6906760"/>
        </identifiers>
        <balance>344700</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>5260957.33</valUSD>
        <pctVal>0.5891950936</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vanguard FTSE All-World ex-US Small-Cap Index Fund</name>
        <lei>549300UR5XWDVDO7NP96</lei>
        <title>Vanguard FTSE All-World ex-US Small-Cap Index Fund</title>
        <cusip>922042718</cusip>
        <identifiers>
          <isin value="US9220427184"/>
          <ticker value="VSS"/>
          <other otherDesc="INTERNAL" value="922042718"/>
        </identifiers>
        <balance>51122</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6848303.12</valUSD>
        <pctVal>0.7669681285</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WNS (Holdings) Limited</name>
        <lei>529900RM7QHUD3W9DM42</lei>
        <title>WNS (Holdings) Limited</title>
        <cusip>92932M101</cusip>
        <identifiers>
          <isin value="US92932M1018"/>
          <ticker value="WNS"/>
          <other otherDesc="INTERNAL" value="92932M101"/>
        </identifiers>
        <balance>51269</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4522951.18</valUSD>
        <pctVal>0.5065429116</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Koh Young Technology Inc.</name>
        <lei>N/A</lei>
        <title>Koh Young Technology Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7098460009"/>
          <ticker value="A098460"/>
          <other otherDesc="INTERNAL" value="B39Q399"/>
        </identifiers>
        <balance>309275</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1188.75"/>
        <valUSD>6134460.69</valUSD>
        <pctVal>0.6870221356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BNK Financial Group Inc.</name>
        <lei>N/A</lei>
        <title>BNK Financial Group Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7138930003"/>
          <ticker value="A138930"/>
          <other otherDesc="INTERNAL" value="B3S98W7"/>
        </identifiers>
        <balance>535699</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1188.75"/>
        <valUSD>3780486.45</valUSD>
        <pctVal>0.4233913959</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cleanspace Holdings Limited</name>
        <lei>N/A</lei>
        <title>Cleanspace Holdings Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000107831"/>
          <ticker value="CSX"/>
          <other otherDesc="INTERNAL" value="BMCM2Q7"/>
        </identifiers>
        <balance>894739</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.374476"/>
        <valUSD>941307.25</valUSD>
        <pctVal>0.1054206637</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CESC Ltd</name>
        <lei>3358009RW8LFOENISG12</lei>
        <title>CESC Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE486A01021"/>
          <ticker value="CESC"/>
          <other otherDesc="INTERNAL" value="BNVXB61"/>
        </identifiers>
        <balance>934516</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.33565"/>
        <valUSD>1103693.22</valUSD>
        <pctVal>0.1236069007</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>medmix AG</name>
        <lei>N/A</lei>
        <title>medmix AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH1129677105"/>
          <ticker value="MEDX"/>
          <other otherDesc="INTERNAL" value="BNZGVK0"/>
        </identifiers>
        <balance>113134</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.9112"/>
        <valUSD>5631892.22</valUSD>
        <pctVal>0.6307375360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Scandinavian Tobacco Group A/S</name>
        <lei>5299003KG4JS99TRML67</lei>
        <title>Scandinavian Tobacco Group A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060696300"/>
          <ticker value="STG"/>
          <other otherDesc="INTERNAL" value="BYZGMM6"/>
        </identifiers>
        <balance>69377</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.53205"/>
        <valUSD>1459052.8</valUSD>
        <pctVal>0.1634050035</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Qt Group Oyj</name>
        <lei>743700GO2XU2ZYYDKW67</lei>
        <title>Qt Group Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000198031"/>
          <ticker value="QTCOM"/>
          <other otherDesc="INTERNAL" value="BYZQHX2"/>
        </identifiers>
        <balance>23615</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>3574583.49</valUSD>
        <pctVal>0.4003315218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Games Workshop Group PLC</name>
        <lei>213800RP9QJQYGWHNT41</lei>
        <title>Games Workshop Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0003718474"/>
          <ticker value="GAW"/>
          <other otherDesc="INTERNAL" value="0371847"/>
        </identifiers>
        <balance>34571</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>4664391.09</valUSD>
        <pctVal>0.5223833178</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Companhia Paranaense de Energia - Copel</name>
        <lei>2549001AS1I9A71VG663</lei>
        <title>Companhia Paranaense de Energia - Copel</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRCPLEACNPB9"/>
          <ticker value="CPLE6"/>
          <other otherDesc="INTERNAL" value="2200154"/>
        </identifiers>
        <balance>992640</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.57"/>
        <valUSD>1147684.31</valUSD>
        <pctVal>0.1285336341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</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>Gemeinschaft der Freunde Deutscher Eigenheimverein e.V.</name>
        <lei>5299003H07ZT0Z5ZNN35</lei>
        <title>Gemeinschaft der Freunde Deutscher Eigenheimverein e.V.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0008051004"/>
          <ticker value="WUW"/>
          <other otherDesc="INTERNAL" value="5770911"/>
        </identifiers>
        <balance>101741</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>2046126.6</valUSD>
        <pctVal>0.2291536840</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jindal Steel and Power Limited</name>
        <lei>335800UIKQBF6QO2NP15</lei>
        <title>Jindal Steel and Power Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE749A01030"/>
          <ticker value="JINDALSTEL"/>
          <other otherDesc="INTERNAL" value="6726816"/>
        </identifiers>
        <balance>738515</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="74.33565"/>
        <valUSD>3760136.61</valUSD>
        <pctVal>0.4211123381</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>Banca IFIS S.p.A.</name>
        <lei>8156005420362AE59184</lei>
        <title>Banca IFIS S.p.A.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003188064"/>
          <ticker value="IF"/>
          <other otherDesc="INTERNAL" value="7242087"/>
        </identifiers>
        <balance>50641</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>981711.22</valUSD>
        <pctVal>0.1099456616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Turk Traktor</name>
        <lei>7890002G98SY237S0Y70</lei>
        <title>Turk Traktor</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRETTRK00010"/>
          <ticker value="TTRAK"/>
          <other otherDesc="INTERNAL" value="B03MYM2"/>
        </identifiers>
        <balance>46666</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="13.229"/>
        <valUSD>791915.8</valUSD>
        <pctVal>0.0886897336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kobe Bussan Co., Ltd.</name>
        <lei>353800CJIFNHN2DXRD59</lei>
        <title>Kobe Bussan Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3291200008"/>
          <ticker value="3038"/>
          <other otherDesc="INTERNAL" value="B14RJB7"/>
        </identifiers>
        <balance>125300</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>4853902.06</valUSD>
        <pctVal>0.5436073891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TCI Co., Ltd.</name>
        <lei>N/A</lei>
        <title>TCI Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0008436007"/>
          <ticker value="8436"/>
          <other otherDesc="INTERNAL" value="B6X51B1"/>
        </identifiers>
        <balance>166000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="27.667"/>
        <valUSD>1254545.23</valUSD>
        <pctVal>0.1405014046</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kamakura Shinsho, Ltd.</name>
        <lei>N/A</lei>
        <title>Kamakura Shinsho, Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3218950008"/>
          <ticker value="6184"/>
          <other otherDesc="INTERNAL" value="BD09G76"/>
        </identifiers>
        <balance>308600</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>1631812.26</valUSD>
        <pctVal>0.1827530080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1464189.290000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ga Technologies Co., Ltd.</name>
        <lei>N/A</lei>
        <title>Ga Technologies Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3386670008"/>
          <ticker value="3491"/>
          <other otherDesc="INTERNAL" value="BFWVYJ2"/>
        </identifiers>
        <balance>94500</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>1068498.63</valUSD>
        <pctVal>0.1196653215</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1047015.589000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hemnet AB</name>
        <lei>5493008VIU67J3HUAR07</lei>
        <title>Hemnet AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0015671995"/>
          <ticker value="HEM"/>
          <other otherDesc="INTERNAL" value="BN2RJ91"/>
        </identifiers>
        <balance>200361</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>3703884.59</valUSD>
        <pctVal>0.4148124554</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHIFT, Inc.</name>
        <lei>353800HJXMOPLJ7BO262</lei>
        <title>SHIFT, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3355400007"/>
          <ticker value="3697"/>
          <other otherDesc="INTERNAL" value="BRJQJX3"/>
        </identifiers>
        <balance>19200</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>3958385.57</valUSD>
        <pctVal>0.4433150109</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Softcat PLC</name>
        <lei>213800N42YZLR9GLVC42</lei>
        <title>Softcat PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYZDVK82"/>
          <ticker value="SCT"/>
          <other otherDesc="INTERNAL" value="BYZDVK8"/>
        </identifiers>
        <balance>143010</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.738798"/>
        <valUSD>3501536.35</valUSD>
        <pctVal>0.3921506882</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>K's Holdings Corporation</name>
        <lei>3538003LJ09YLR6NHG27</lei>
        <title>K's Holdings Corporation</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3277150003"/>
          <ticker value="8282"/>
          <other otherDesc="INTERNAL" value="6484277"/>
        </identifiers>
        <balance>260600</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>2534075.69</valUSD>
        <pctVal>0.2838010023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Outsourcing Inc.</name>
        <lei>N/A</lei>
        <title>Outsourcing Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3105270007"/>
          <ticker value="2427"/>
          <other otherDesc="INTERNAL" value="B03XKH2"/>
        </identifiers>
        <balance>208000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>2804170.9</valUSD>
        <pctVal>0.3140500164</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="2747548.218000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Meritz Fire &amp; Marine Insurance Co., Ltd.</name>
        <lei>9884007PON6UA8YN6V50</lei>
        <title>Meritz Fire &amp; Marine Insurance Co., Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7000060004"/>
          <ticker value="A000060"/>
          <other otherDesc="INTERNAL" value="B0YCFG2"/>
        </identifiers>
        <balance>62403</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1188.75"/>
        <valUSD>1763850.96</valUSD>
        <pctVal>0.1975405361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fluidra S.A.</name>
        <lei>95980020140005026620</lei>
        <title>Fluidra S.A.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0137650018"/>
          <ticker value="FDR"/>
          <other otherDesc="INTERNAL" value="B28V440"/>
        </identifiers>
        <balance>114261</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.878349"/>
        <valUSD>4566182.16</valUSD>
        <pctVal>0.5113845174</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sansiri Public Company Limited</name>
        <lei>N/A</lei>
        <title>Sansiri Public Company Limited</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0577C10Z12"/>
          <ticker value="SIRI-F"/>
          <other otherDesc="INTERNAL" value="B73B053"/>
        </identifiers>
        <balance>44108300</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.405"/>
        <valUSD>1622910.79</valUSD>
        <pctVal>0.1817560978</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Net Protections Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Net Protections Holdings, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3758270007"/>
          <ticker value="7383"/>
          <other otherDesc="INTERNAL" value="BP4DTX5"/>
        </identifiers>
        <balance>355000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="115.03"/>
        <valUSD>4795879.34</valUSD>
        <pctVal>0.5371091988</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HMS Networks AB</name>
        <lei>549300MOY2FDUUDIQ179</lei>
        <title>HMS Networks AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0009997018"/>
          <ticker value="HMS"/>
          <other otherDesc="INTERNAL" value="BZ30ML6"/>
        </identifiers>
        <balance>98475</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.0362"/>
        <valUSD>6081574.68</valUSD>
        <pctVal>0.6810992255</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Neogames S.A.</name>
        <lei>222100MZTIQEZS4XY614</lei>
        <title>Neogames S.A.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="LU2263803020"/>
          <ticker value="NGMS"/>
          <other otherDesc="INTERNAL" value="L6673X107"/>
        </identifiers>
        <balance>102759</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2854645.02</valUSD>
        <pctVal>0.3197028096</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jackson National Asset Management, LLC</name>
        <lei>N/A</lei>
        <title>JNL Securities Lending Collateral Fund</title>
        <cusip>46628D411</cusip>
        <identifiers>
          <other otherDesc="Internal" value="46628D411"/>
        </identifiers>
        <balance>4974213.15</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4974213.15</valUSD>
        <pctVal>0.5570814965</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="4974213.150000000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2022-02-28</ncom:dateSigned>
      <ncom:nameOfApplicant>JNL Series Trust</ncom:nameOfApplicant>
      <ncom:signature>Andrew Tedeschi</ncom:signature>
      <ncom:signerName>Andrew Tedeschi</ncom:signerName>
      <ncom:title>Principal Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
