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        <valUSD>6326796</valUSD>
        <pctVal>2.0242381550</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>America Movil S.A.B. de C.V.</name>
        <lei>5493000FNR3UCEAONM59</lei>
        <title>AMERICA MOVIL SAB DE CV COMMON STOCK</title>
        <cusip>ACI2DNX59</cusip>
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          <isin value="MX01AM050019"/>
          <ticker value="AMXB MM"/>
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        <balance>7348500</balance>
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        <currencyConditional curCd="MXN" exchangeRt="17.4875"/>
        <valUSD>9551474.2</valUSD>
        <pctVal>3.0559636366</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Hyundai Motor India Limited</name>
        <lei>N/A</lei>
        <title>HYUNDAI MOTOR INDIA LTD COMMON STOCK INR10.0</title>
        <cusip>ACI2RMCB6</cusip>
        <identifiers>
          <isin value="INE0V6F01027"/>
          <ticker value="HYUNDAI IN"/>
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        <balance>45066</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="94.65875"/>
        <valUSD>909448.51</valUSD>
        <pctVal>0.2909751435</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Grupo Cibest S.A.</name>
        <lei>N/A</lei>
        <title>GRUPO CIBEST SA PREFERENCE</title>
        <cusip>ACI2X6PC8</cusip>
        <identifiers>
          <isin value="COTK7PA00028"/>
          <ticker value="PFCIBEST CB"/>
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        <balance>29105</balance>
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        <currencyConditional curCd="COP" exchangeRt="3418.22"/>
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        <pctVal>0.1841586252</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Zoomlion Heavy Industry Science and Technology Co.Ltd</name>
        <lei>N/A</lei>
        <title>ZOOMLION HEAVY INDUSTRY SCIENC COMMON STOCK CNY1.0</title>
        <cusip>B544N7906</cusip>
        <identifiers>
          <isin value="CNE100000X85"/>
          <ticker value="1157 HK"/>
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        <balance>1021600</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>901882.73</valUSD>
        <pctVal>0.2885544964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PT SRI REJEKI ISMAN Tbk</name>
        <lei>N/A</lei>
        <title>SRI REJEKI ISMAN TBK PT COMMON STOCK IDR100.</title>
        <cusip>BB22C4908</cusip>
        <identifiers>
          <isin value="ID1000127400"/>
          <ticker value="SRIL IJ"/>
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        <balance>1260900</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="17880"/>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ambev S.A.</name>
        <lei>549300TH5Q6VRP8OT012</lei>
        <title>AMBEV SA ADR</title>
        <cusip>02319V103</cusip>
        <identifiers>
          <isin value="US02319V1035"/>
          <ticker value="ABEV US"/>
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        <balance>399848</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1255522.72</valUSD>
        <pctVal>0.4017004807</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>
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      <invstOrSec>
        <name>America Movil S.A.B. de C.V.</name>
        <lei>5493000FNR3UCEAONM59</lei>
        <title>AMERICA MOVIL SAB DE CV ADR</title>
        <cusip>02390A101</cusip>
        <identifiers>
          <isin value="US02390A1016"/>
          <ticker value="AMX US"/>
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        <balance>264807</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6882333.93</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AngloGold Ashanti PLC</name>
        <lei>N/A</lei>
        <title>ANGLOGOLD ASHANTI PLC COMMON STOCK</title>
        <cusip>035128206</cusip>
        <identifiers>
          <isin value="GB00BRXH2664"/>
          <ticker value="AU US"/>
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        <balance>3035</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>245501.15</valUSD>
        <pctVal>0.0785473081</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BYD Company Limited</name>
        <lei>N/A</lei>
        <title>BYD CO LTD ADR</title>
        <cusip>05606L100</cusip>
        <identifiers>
          <isin value="US05606L1008"/>
          <ticker value="BYDDY US"/>
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        <balance>226808</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2102510.16</valUSD>
        <pctVal>0.6726914045</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="88017.500000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Bank of Hangzhou Co. Ltd.</name>
        <lei>N/A</lei>
        <title>BANK OF HANGZHOU CO LTD COMMON STOCK CNY1.0</title>
        <cusip>BYW5MZ908</cusip>
        <identifiers>
          <isin value="CNE100002GQ4"/>
          <ticker value="600926 C1"/>
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        <balance>838300</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.7854"/>
        <valUSD>1785791.74</valUSD>
        <pctVal>0.5713583585</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Jason Furniture (Hangzhou) Co. Ltd.</name>
        <lei>N/A</lei>
        <title>JASON FURNITURE HANGZHOU CO LT COMMON STOCK CNY1.0</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002GF7"/>
          <ticker value="603816 C1"/>
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        <balance>143400</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.7854"/>
        <valUSD>473714.25</valUSD>
        <pctVal>0.1515633599</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Banco Bradesco S.A.</name>
        <lei>549300CTUU1RFXHQJE44</lei>
        <title>BANCO BRADESCO SA ADR</title>
        <cusip>059460303</cusip>
        <identifiers>
          <isin value="US0594603039"/>
          <ticker value="BBD US"/>
        </identifiers>
        <balance>1094873</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3799209.31</valUSD>
        <pctVal>1.2155448736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Banco Bilbao Vizcaya Argentaria S.A.</name>
        <lei>K8MS7FD7N5Z2WQ51AZ71</lei>
        <title>BANCO BILBAO VIZCAYA ARGENTARI ADR</title>
        <cusip>05946K101</cusip>
        <identifiers>
          <isin value="US05946K1016"/>
          <ticker value="BBVA US"/>
        </identifiers>
        <balance>157025</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3935046.5</valUSD>
        <pctVal>1.2590055483</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coca-Cola FEMSA S.A.B. de C.V.</name>
        <lei>5493008KEVFYPMGTXO33</lei>
        <title>COCA-COLA FEMSA SAB DE CV ADR</title>
        <cusip>191241108</cusip>
        <identifiers>
          <isin value="US1912411089"/>
          <ticker value="KOF US"/>
        </identifiers>
        <balance>15837</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1682681.25</valUSD>
        <pctVal>0.5383684868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kimberly Clark De Mexico S A B De C V</name>
        <lei>N/A</lei>
        <title>KIMBERLY-CLARK DE MEXICO SAB D COMMON STOCK</title>
        <cusip>249191008</cusip>
        <identifiers>
          <isin value="MXP606941179"/>
          <ticker value="KIMBERA MM"/>
        </identifiers>
        <balance>338600</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="17.4875"/>
        <valUSD>747775.95</valUSD>
        <pctVal>0.2392485247</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>EPAM Systems Inc.</name>
        <lei>549300XCR4R530HJP604</lei>
        <title>EPAM SYSTEMS INC COMMON STOCK USD.001</title>
        <cusip>29414B104</cusip>
        <identifiers>
          <isin value="US29414B1044"/>
          <ticker value="EPAM US"/>
        </identifiers>
        <balance>4236</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>336126.6</valUSD>
        <pctVal>0.1075426312</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FIDELITY GOVERNMENT PORTFOLIO FIDELITY INV MMKT GOVT-INST</name>
        <lei>N/A</lei>
        <title>FIDELITY GOVERNMENT PORTFOLIO FIDELITY INV MMKT GOVT-INST</title>
        <cusip>31607A703</cusip>
        <identifiers>
          <isin value="US31607A7037"/>
          <ticker value="FRGXX"/>
        </identifiers>
        <balance>5294337</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5294337</valUSD>
        <pctVal>1.6939061985</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Fomento Economico Mexicano S.A.B. de C.V.</name>
        <lei>549300A8MDWDJNMLV153</lei>
        <title>FOMENTO ECONOMICO MEXICANO SAB ADR</title>
        <cusip>344419106</cusip>
        <identifiers>
          <isin value="US3444191064"/>
          <ticker value="FMX US"/>
        </identifiers>
        <balance>7369</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>942495.1</valUSD>
        <pctVal>0.3015482943</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>PJSC Gazprom</name>
        <lei>N/A</lei>
        <title>GAZPROM PJSC ADR</title>
        <cusip>368287207</cusip>
        <identifiers>
          <isin value="US3682872078"/>
          <ticker value="OGZD LI"/>
        </identifiers>
        <balance>196506</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cebu Air Inc.</name>
        <lei>5493005IKXICEEJZJ743</lei>
        <title>CEBU AIR INC PREFERRED STOCK 03/27 6</title>
        <cusip>EP0597724</cusip>
        <identifiers>
          <isin value="PHY1234G1115"/>
          <ticker value="CEBPM"/>
        </identifiers>
        <balance>4989</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="61.37"/>
        <valUSD>2650.08</valUSD>
        <pctVal>0.0008478846</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PNB HOLDINCS CORP</name>
        <lei>N/A</lei>
        <title>PNB HOLDINCS CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="0"/>
        </identifiers>
        <balance>10246.22</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="61.37"/>
        <valUSD>53.21</valUSD>
        <pctVal>0.0000170244</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank VTB (Publichnoye Aktsionernoye Obshchestvo)</name>
        <lei>N/A</lei>
        <title>VTB BANK PJSC DEPOSITORY RECEIPT</title>
        <cusip>46630Q202</cusip>
        <identifiers>
          <isin value="US46630Q2021"/>
          <ticker value="VTBR"/>
        </identifiers>
        <balance>86297</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JD.com Inc.</name>
        <lei>549300HVTWB0GJZ16V92</lei>
        <title>JD.COM INC ADR USD.00002</title>
        <cusip>47215P106</cusip>
        <identifiers>
          <isin value="US47215P1066"/>
          <ticker value="JD US"/>
        </identifiers>
        <balance>247790</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6313689.2</valUSD>
        <pctVal>2.0200446762</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KB Financial Group Inc.</name>
        <lei>N/A</lei>
        <title>KB FINANCIAL GROUP INC ADR</title>
        <cusip>48241A105</cusip>
        <identifiers>
          <isin value="US48241A1051"/>
          <ticker value="KB US"/>
        </identifiers>
        <balance>3459</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>363056.64</valUSD>
        <pctVal>0.1161588114</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="334322.000000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KT Corporation</name>
        <lei>N/A</lei>
        <title>KT CORP ADR</title>
        <cusip>48268K101</cusip>
        <identifiers>
          <isin value="US48268K1016"/>
          <ticker value="KT US"/>
        </identifiers>
        <balance>65476</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1131425.28</valUSD>
        <pctVal>0.3619959015</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hellenic Telecommunications Organization S.A.</name>
        <lei>ELPUFM0XZRZO4LFXW404</lei>
        <title>HELLENIC TELECOMMUNICATIONS OR COMMON STOCK EUR2.83</title>
        <cusip>505160903</cusip>
        <identifiers>
          <isin value="GRS260333000"/>
          <ticker value="HTO GA"/>
        </identifiers>
        <balance>113686</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8752"/>
        <valUSD>2524484.96</valUSD>
        <pctVal>0.8077008928</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Melco Resorts and Entertainment Limited</name>
        <lei>N/A</lei>
        <title>MELCO RESORTS and ENTERTAINMENT ADR USD.01</title>
        <cusip>585464100</cusip>
        <identifiers>
          <isin value="US5854641009"/>
          <ticker value="MLCO US"/>
        </identifiers>
        <balance>209190</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1102431.3</valUSD>
        <pctVal>0.3527193702</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SURYAINTI PERMATA TBK PT COMMON STOCK IDR125.</name>
        <lei>N/A</lei>
        <title>SURYAINTI PERMATA TBK PT COMMON STOCK IDR125.</title>
        <cusip>609685904</cusip>
        <identifiers>
          <isin value="ID1000110109"/>
          <ticker value="SIIP"/>
        </identifiers>
        <balance>1446000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="17880"/>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>The Bidvest Group Limited</name>
        <lei>N/A</lei>
        <title>BIDVEST GROUP LTD COMMON STOCK ZAR.05</title>
        <cusip>610008906</cusip>
        <identifiers>
          <isin value="ZAE000117321"/>
          <ticker value="BVT SJ"/>
        </identifiers>
        <balance>83115</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.38"/>
        <valUSD>1216053.38</valUSD>
        <pctVal>0.3890723915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Krung Thai Bank Public Company Limited</name>
        <lei>54930007ZQMYCRFQGE36</lei>
        <title>KRUNG THAI BANK PCL COMMON STOCK THB5.15 L</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0150010Z03"/>
          <ticker value="KTB TB"/>
        </identifiers>
        <balance>857000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.2205"/>
        <valUSD>983714.65</valUSD>
        <pctVal>0.3147363576</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>Com7 Public Company Limited</name>
        <lei>N/A</lei>
        <title>COM7 PCL NVDR THB.25</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH6678010R15"/>
          <ticker value="COM7-R TB"/>
        </identifiers>
        <balance>2303400</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.2205"/>
        <valUSD>1934410.55</valUSD>
        <pctVal>0.6189084716</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>Vanguard International Semiconductor Corporation</name>
        <lei>N/A</lei>
        <title>VANGUARD INTERNATIONAL SEMICON COMMON STOCK TWD10.0</title>
        <cusip>610967903</cusip>
        <identifiers>
          <isin value="TW0005347009"/>
          <ticker value="5347 TT"/>
        </identifiers>
        <balance>227000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.8565"/>
        <valUSD>1567375.57</valUSD>
        <pctVal>0.5014768031</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>Wintek Corporation</name>
        <lei>N/A</lei>
        <title>WINTEK CORP COMMON STOCK TWD10.0</title>
        <cusip>613960905</cusip>
        <identifiers>
          <isin value="TW0002384005"/>
          <ticker value="2384 TT"/>
        </identifiers>
        <balance>543000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.8565"/>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Quanta Computer Inc.</name>
        <lei>N/A</lei>
        <title>QUANTA COMPUTER INC COMMON STOCK TWD10.0</title>
        <cusip>614101905</cusip>
        <identifiers>
          <isin value="TW0002382009"/>
          <ticker value="2382 TT"/>
        </identifiers>
        <balance>67000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.8565"/>
        <valUSD>781119.17</valUSD>
        <pctVal>0.2499165814</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>Discovery Limited</name>
        <lei>N/A</lei>
        <title>DISCOVERY LTD COMMON STOCK ZAR.001</title>
        <cusip>617787908</cusip>
        <identifiers>
          <isin value="ZAE000022331"/>
          <ticker value="DSY SJ"/>
        </identifiers>
        <balance>131980</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.38"/>
        <valUSD>2131149.42</valUSD>
        <pctVal>0.6818544442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>The Mosaic Company</name>
        <lei>2YD5STGSJNMUB7H76907</lei>
        <title>MOSAIC CO/THE COMMON STOCK USD.01</title>
        <cusip>61945C103</cusip>
        <identifiers>
          <isin value="US61945C1036"/>
          <ticker value="MOS US"/>
        </identifiers>
        <balance>40097</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>849655.43</valUSD>
        <pctVal>0.2718445387</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Prodisc Technology Inc.</name>
        <lei>N/A</lei>
        <title>PRODISC TECHNOLOGY INC COMMON STOCK TWD10.0</title>
        <cusip>622037901</cusip>
        <identifiers>
          <isin value="TW0002396009"/>
          <ticker value="2396"/>
        </identifiers>
        <balance>762000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.8565"/>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tripod Technology Corporation</name>
        <lei>N/A</lei>
        <title>TRIPOD TECHNOLOGY CORP COMMON STOCK TWD10.0</title>
        <cusip>630572907</cusip>
        <identifiers>
          <isin value="TW0003044004"/>
          <ticker value="3044 TT"/>
        </identifiers>
        <balance>166000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.8565"/>
        <valUSD>2734111.5</valUSD>
        <pctVal>0.8747702342</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hero MotoCorp Limited</name>
        <lei>N/A</lei>
        <title>HERO MOTOCORP LTD COMMON STOCK INR2.0</title>
        <cusip>632732905</cusip>
        <identifiers>
          <isin value="INE158A01026"/>
          <ticker value="HMCL IN"/>
        </identifiers>
        <balance>64425</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="94.65875"/>
        <valUSD>3273198.74</valUSD>
        <pctVal>1.0472494733</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>Jeil Savings Bank</name>
        <lei>N/A</lei>
        <title>JEIL SAVINGS BANK COMMON STOCK KRW5000.0</title>
        <cusip>633787908</cusip>
        <identifiers>
          <isin value="KR7024100000"/>
          <ticker value="024100"/>
        </identifiers>
        <balance>1820</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1549.3"/>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINBON Electronics Co. Ltd.</name>
        <lei>N/A</lei>
        <title>SINBON ELECTRONICS CO LTD COMMON STOCK TWD10.0</title>
        <cusip>634935902</cusip>
        <identifiers>
          <isin value="TW0003023008"/>
          <ticker value="3023 TT"/>
        </identifiers>
        <balance>470000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.8565"/>
        <valUSD>4903297.12</valUSD>
        <pctVal>1.5687942389</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>NetEase Inc.</name>
        <lei>N/A</lei>
        <title>NETEASE INC ADR USD.0001</title>
        <cusip>64110W102</cusip>
        <identifiers>
          <isin value="US64110W1027"/>
          <ticker value="NTES US"/>
        </identifiers>
        <balance>53656</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6875479.84</valUSD>
        <pctVal>2.1997877956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zhejiang Glass Company Limited</name>
        <lei>N/A</lei>
        <title>ZHEJIANG GLASS CO LTD COMMON STOCK CNY1.</title>
        <cusip>642451900</cusip>
        <identifiers>
          <isin value="CNE1000004T2"/>
          <ticker value="739"/>
        </identifiers>
        <balance>162000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hon Hai Precision Industry Co. Ltd.</name>
        <lei>N/A</lei>
        <title>HON HAI PRECISION INDUSTRY CO COMMON STOCK TWD10.0</title>
        <cusip>643856909</cusip>
        <identifiers>
          <isin value="TW0002317005"/>
          <ticker value="2317 TT"/>
        </identifiers>
        <balance>181000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.8565"/>
        <valUSD>1444324.03</valUSD>
        <pctVal>0.4621068563</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>Bharti Airtel Limited</name>
        <lei>N/A</lei>
        <title>BHARTI AIRTEL LTD COMMON STOCK INR5.0</title>
        <cusip>644232902</cusip>
        <identifiers>
          <isin value="INE397D01024"/>
          <ticker value="BHARTI IN"/>
        </identifiers>
        <balance>88220</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="94.65875"/>
        <valUSD>1730961.97</valUSD>
        <pctVal>0.5538157488</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>Hyundai Mobis Co. Ltd.</name>
        <lei>N/A</lei>
        <title>HYUNDAI MOBIS CO LTD COMMON STOCK KRW5000.0</title>
        <cusip>644954000</cusip>
        <identifiers>
          <isin value="KR7012330007"/>
          <ticker value="012330 KS"/>
        </identifiers>
        <balance>2797</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1549.3"/>
        <valUSD>921142.38</valUSD>
        <pctVal>0.2947165598</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>Dahaam E-Tec Co. Ltd</name>
        <lei>N/A</lei>
        <title>DAHAAM E-TEC CO LTD COMMON STOCK</title>
        <cusip>676676901</cusip>
        <identifiers>
          <isin value="KR7009280009"/>
          <ticker value="009280 KF"/>
        </identifiers>
        <balance>2630</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1549.3"/>
        <valUSD>59244.17</valUSD>
        <pctVal>0.0189549828</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Samsung Electronics Co. Ltd.</name>
        <lei>N/A</lei>
        <title>SAMSUNG ELECTRONICS CO LTD COMMON STOCK KRW100.0</title>
        <cusip>677172009</cusip>
        <identifiers>
          <isin value="KR7005930003"/>
          <ticker value="005930 KS"/>
        </identifiers>
        <balance>25184</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1549.3"/>
        <valUSD>5588256.91</valUSD>
        <pctVal>1.7879449341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Samsung Electronics Co. Ltd.</name>
        <lei>N/A</lei>
        <title>SAMSUNG ELECTRONICS CO LTD PREFERENCE</title>
        <cusip>677381907</cusip>
        <identifiers>
          <isin value="KR7005931001"/>
          <ticker value="005935 KS"/>
        </identifiers>
        <balance>19684</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1549.3"/>
        <valUSD>2775883.95</valUSD>
        <pctVal>0.8881351960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</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>Publichnoye Aktsionernoye Obshchestvo Neftyanaya Kompaniya Rosneft</name>
        <lei>N/A</lei>
        <title>ROSNEFT OIL CO PJSC GDR</title>
        <cusip>67812M207</cusip>
        <identifiers>
          <isin value="US67812M2070"/>
          <ticker value="ROSN LI"/>
        </identifiers>
        <balance>1686</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Suzuki Motor Corporation</name>
        <lei>N/A</lei>
        <title>SUZUKI MOTOR CORP COMMON STOCK</title>
        <cusip>686550005</cusip>
        <identifiers>
          <isin value="JP3397200001"/>
          <ticker value="7269 JP"/>
        </identifiers>
        <balance>244600</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="162.595"/>
        <valUSD>2958615.25</valUSD>
        <pctVal>0.9465994913</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kasikornbank Public Company Limited</name>
        <lei>5493004COSQ54937AW41</lei>
        <title>KASIKORNBANK PCL COMMON STOCK THB10.0 L</title>
        <cusip>688878909</cusip>
        <identifiers>
          <isin value="TH0016010009"/>
          <ticker value="KBANK TB"/>
        </identifiers>
        <balance>496100</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.2205"/>
        <valUSD>3262438.39</valUSD>
        <pctVal>1.0438067337</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Taiwan Semiconductor Manufacturing Company Limited</name>
        <lei>N/A</lei>
        <title>TAIWAN SEMICONDUCTOR MANUFACTU COMMON STOCK TWD10.0</title>
        <cusip>688910900</cusip>
        <identifiers>
          <isin value="TW0002330008"/>
          <ticker value="2330 TT"/>
        </identifiers>
        <balance>334000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.8565"/>
        <valUSD>26349343.82</valUSD>
        <pctVal>8.4303883229</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>Publichnoye Aktsionernoye Obshchestvo Neftyanaya Kompaniya Lukoyl</name>
        <lei>N/A</lei>
        <title>LUKOIL PJSC ADR USD.025</title>
        <cusip>69343P105</cusip>
        <identifiers>
          <isin value="US69343P1057"/>
          <ticker value="LKOD LI"/>
        </identifiers>
        <balance>16379</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Resources Beer (Holdings) Company Limited</name>
        <lei>N/A</lei>
        <title>CHINA RESOURCES BEER HOLDIN COMMON STOCK</title>
        <cusip>697245009</cusip>
        <identifiers>
          <isin value="HK0291001490"/>
          <ticker value="291 HK"/>
        </identifiers>
        <balance>1089000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>2966099.84</valUSD>
        <pctVal>0.9489941619</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PDD Holdings Inc.</name>
        <lei>N/A</lei>
        <title>PDD HOLDINGS INC ADR USD.00002</title>
        <cusip>722304102</cusip>
        <identifiers>
          <isin value="US7223041028"/>
          <ticker value="PDD US"/>
        </identifiers>
        <balance>3600</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>274608</valUSD>
        <pctVal>0.0878599517</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OTP Bank Nyrt.</name>
        <lei>N/A</lei>
        <title>OTP BANK NYRT COMMON STOCK HUF100.0</title>
        <cusip>732015904</cusip>
        <identifiers>
          <isin value="HU0000061726"/>
          <ticker value="OTP HB"/>
        </identifiers>
        <balance>5953</balance>
        <units>NS</units>
        <currencyConditional curCd="HUF" exchangeRt="311.3513"/>
        <valUSD>879293.91</valUSD>
        <pctVal>0.2813272756</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Public Joint Stock Company Federal Hydrogenerating Company - Rushydro</name>
        <lei>N/A</lei>
        <title>RUSHYDRO PJSC ADR</title>
        <cusip>782183404</cusip>
        <identifiers>
          <isin value="US7821834048"/>
          <ticker value="HYDR LI"/>
        </identifiers>
        <balance>52278</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Samsung Electronics Co. Ltd.</name>
        <lei>N/A</lei>
        <title>SAMSUNG ELECTRONICS CO LTD GDR</title>
        <cusip>796050888</cusip>
        <identifiers>
          <isin value="US7960508882"/>
          <ticker value="SSNHZ US"/>
        </identifiers>
        <balance>1712</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9298751.59</valUSD>
        <pctVal>2.9751058454</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>STMicroelectronics N.V.</name>
        <lei>N/A</lei>
        <title>STMICROELECTRONICS NV NY REG SHRS</title>
        <cusip>861012102</cusip>
        <identifiers>
          <isin value="US8610121027"/>
          <ticker value="STM US"/>
        </identifiers>
        <balance>48059</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3599138.51</valUSD>
        <pctVal>1.1515328607</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Suzano S.A.</name>
        <lei>N/A</lei>
        <title>SUZANO SA ADR</title>
        <cusip>86959K105</cusip>
        <identifiers>
          <isin value="US86959K1051"/>
          <ticker value="SUZ US"/>
        </identifiers>
        <balance>43270</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>335775.2</valUSD>
        <pctVal>0.1074302019</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="330416.000000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Taiwan Semiconductor Manufacturing Company Limited</name>
        <lei>N/A</lei>
        <title>TAIWAN SEMICONDUCTOR MANUFACTU ADR</title>
        <cusip>874039100</cusip>
        <identifiers>
          <isin value="US8740391003"/>
          <ticker value="TSM US"/>
        </identifiers>
        <balance>5552</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2651468.64</valUSD>
        <pctVal>0.8483289153</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tencent Holdings Limited</name>
        <lei>N/A</lei>
        <title>TENCENT HOLDINGS LTD ADR HKD.00002</title>
        <cusip>88032Q109</cusip>
        <identifiers>
          <isin value="US88032Q1094"/>
          <ticker value="TCEHY US"/>
        </identifiers>
        <balance>5397</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>298022.34</valUSD>
        <pctVal>0.0953512950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TIM S.A.</name>
        <lei>N/A</lei>
        <title>TIM SA/BRAZIL ADR</title>
        <cusip>88706T108</cusip>
        <identifiers>
          <isin value="US88706T1088"/>
          <ticker value="TIMB US"/>
        </identifiers>
        <balance>54638</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1170345.96</valUSD>
        <pctVal>0.3744484486</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>United Microelectronics Corporation</name>
        <lei>N/A</lei>
        <title>UNITED MICROELECTRONICS CORP ADR</title>
        <cusip>910873405</cusip>
        <identifiers>
          <isin value="US9108734057"/>
          <ticker value="UMC US"/>
        </identifiers>
        <balance>75694</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2059633.74</valUSD>
        <pctVal>0.6589732310</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1915942.000000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JH COLLATERAL</name>
        <lei>N/A</lei>
        <title>JH COLLATERAL</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Custodian Identifier" value="926EMC902"/>
        </identifiers>
        <balance>455565.77</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4555384.39</valUSD>
        <pctVal>1.4574806731</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="4555384.390000000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yum China Holdings Inc.</name>
        <lei>N/A</lei>
        <title>YUM CHINA HOLDINGS INC COMMON STOCK USD.01</title>
        <cusip>98850P109</cusip>
        <identifiers>
          <isin value="US98850P1093"/>
          <ticker value="YUMC US"/>
        </identifiers>
        <balance>15086</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>616564.82</valUSD>
        <pctVal>0.1972679432</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PHILTOWN PROPERTIES INC.</name>
        <lei>N/A</lei>
        <title>PHILTOWN PROPERTIES INC.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="988KQL909"/>
          <other otherDesc="Custodian Identifier" value="988KQL909"/>
        </identifiers>
        <balance>3844</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="61.37"/>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yancoal Australia Limited</name>
        <lei>N/A</lei>
        <title>YANCOAL AUSTRALIA LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000YAL0"/>
          <ticker value="3668 HK"/>
        </identifiers>
        <balance>141400</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>531569.3</valUSD>
        <pctVal>0.1700738982</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>CECEP COSTIN New Materials Group Limited</name>
        <lei>N/A</lei>
        <title>CECEP COSTIN NEW MATERIALS GRO COMMON STOCK HKD.1</title>
        <cusip>B87X2L905</cusip>
        <identifiers>
          <isin value="KYG1992K1067"/>
          <ticker value="2228 HK"/>
        </identifiers>
        <balance>348000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Taifeng Beddings Holdings Limited</name>
        <lei>N/A</lei>
        <title>CHINA TAIFENG BEDDINGS HOLDING COMMON STOCK HKD.1</title>
        <cusip>B9M2Y4907</cusip>
        <identifiers>
          <isin value="KYG215AE1053"/>
          <ticker value="873 HK"/>
        </identifiers>
        <balance>204000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Muyuan Foods Group Co. Ltd.</name>
        <lei>N/A</lei>
        <title>MUYUAN FOODS GROUP CO LTD COMMON STOCK CNY1.0</title>
        <cusip>BD5CJX908</cusip>
        <identifiers>
          <isin value="CNE100001RQ3"/>
          <ticker value="002714 C2"/>
        </identifiers>
        <balance>49300</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.7854"/>
        <valUSD>254434.34</valUSD>
        <pctVal>0.0814054537</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XCMG Construction Machinery Co. Ltd.</name>
        <lei>N/A</lei>
        <title>XCMG CONSTRUCTION MACHINERY CO COMMON STOCK CNY1.0</title>
        <cusip>BD5CM2902</cusip>
        <identifiers>
          <isin value="CNE000000FH0"/>
          <ticker value="000425 C2"/>
        </identifiers>
        <balance>415460</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.7854"/>
        <valUSD>497471.16</valUSD>
        <pctVal>0.1591643074</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zoomlion Heavy Industry Science and Technology Co.Ltd</name>
        <lei>N/A</lei>
        <title>ZOOMLION HEAVY INDUSTRY SCIENC COMMON STOCK CNY1.0</title>
        <cusip>BD5CPZ906</cusip>
        <identifiers>
          <isin value="CNE000001527"/>
          <ticker value="000157 C2"/>
        </identifiers>
        <balance>546600</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.7854"/>
        <valUSD>563191.42</valUSD>
        <pctVal>0.1801912944</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tenwow International Holdings Limited</name>
        <lei>N/A</lei>
        <title>TENWOW INTERNATIONAL HOLDINGS COMMON STOCK HKD.1</title>
        <cusip>BDFMD8906</cusip>
        <identifiers>
          <isin value="KYG870741033"/>
          <ticker value="1219 HK"/>
        </identifiers>
        <balance>121000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Smartfit Escola de Ginastica e Danca S.A</name>
        <lei>N/A</lei>
        <title>SMARTFIT ESCOLA DE GINASTICA E COMMON STOCK</title>
        <cusip>BF4XNJ904</cusip>
        <identifiers>
          <isin value="BRSMFTACNOR1"/>
          <ticker value="SMFT3 BZ"/>
        </identifiers>
        <balance>256000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.1623"/>
        <valUSD>976432.99</valUSD>
        <pctVal>0.3124066137</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>Satellite Chemical Co. Ltd.</name>
        <lei>N/A</lei>
        <title>SATELLITE CHEMICAL CO LTD COMMON STOCK CNY1.0</title>
        <cusip>BFCCQG904</cusip>
        <identifiers>
          <isin value="CNE100001B07"/>
          <ticker value="002648 C2"/>
        </identifiers>
        <balance>118900</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.7854"/>
        <valUSD>411722.81</valUSD>
        <pctVal>0.1317293969</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Absa Group Limited</name>
        <lei>N/A</lei>
        <title>ABSA GROUP LTD COMMON STOCK ZAR2.0</title>
        <cusip>BFX05H908</cusip>
        <identifiers>
          <isin value="ZAE000255915"/>
          <ticker value="ABG SJ"/>
        </identifiers>
        <balance>65746</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.38"/>
        <valUSD>916006.64</valUSD>
        <pctVal>0.2930733962</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WuXi AppTec Co. Ltd.</name>
        <lei>N/A</lei>
        <title>WUXI APPTEC CO LTD COMMON STOCK CNY1.0</title>
        <cusip>BGHH0L903</cusip>
        <identifiers>
          <isin value="CNE100003F19"/>
          <ticker value="2359 HK"/>
        </identifiers>
        <balance>333100</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>6557246.44</valUSD>
        <pctVal>2.0979700366</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tongcheng Travel Holdings Limited</name>
        <lei>N/A</lei>
        <title>TONGCHENG TRAVEL HOLDINGS LTD COMMON STOCK USD.0005</title>
        <cusip>BGM5R2906</cusip>
        <identifiers>
          <isin value="KYG8918W1069"/>
          <ticker value="780 HK"/>
        </identifiers>
        <balance>495200</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>757838.92</valUSD>
        <pctVal>0.2424681398</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Contemporary Amperex Technology Co.Ltd.</name>
        <lei>N/A</lei>
        <title>CONTEMPORARY AMPEREX TECHNOLOG COMMON STOCK CNY1.0</title>
        <cusip>BHQPSY905</cusip>
        <identifiers>
          <isin value="CNE100003662"/>
          <ticker value="300750 C2"/>
        </identifiers>
        <balance>105860</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.7854"/>
        <valUSD>6153595.02</valUSD>
        <pctVal>1.9688230551</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WuXi AppTec Co. Ltd.</name>
        <lei>N/A</lei>
        <title>WUXI APPTEC CO LTD COMMON STOCK CNY1.0</title>
        <cusip>BHWLWV908</cusip>
        <identifiers>
          <isin value="CNE1000031K4"/>
          <ticker value="603259 C1"/>
        </identifiers>
        <balance>186003</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.7854"/>
        <valUSD>3422685.15</valUSD>
        <pctVal>1.0950771723</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Dili Group</name>
        <lei>N/A</lei>
        <title>CHINA DILI GROUP COMMON STOCK HKD.1</title>
        <cusip>BJK5G2904</cusip>
        <identifiers>
          <isin value="KYG2121J1013"/>
          <ticker value="1387 HK"/>
        </identifiers>
        <balance>190600</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>6415.83</valUSD>
        <pctVal>0.0020527243</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alibaba Group Holding Limited</name>
        <lei>5493001NTNQJDH60PM02</lei>
        <title>ALIBABA GROUP HOLDING LTD COMMON STOCK USD.000003125</title>
        <cusip>BK6YZP902</cusip>
        <identifiers>
          <isin value="KYG017191142"/>
          <ticker value="9988 HK"/>
        </identifiers>
        <balance>20800</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>249359.78</valUSD>
        <pctVal>0.0797818645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pharmaron Beijing Co. Ltd.</name>
        <lei>N/A</lei>
        <title>PHARMARON BEIJING CO LTD COMMON STOCK CNY1.0</title>
        <cusip>BK72QD908</cusip>
        <identifiers>
          <isin value="CNE100003PG4"/>
          <ticker value="3759 HK"/>
        </identifiers>
        <balance>435900</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>1018003.95</valUSD>
        <pctVal>0.3257071095</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JD.com Inc.</name>
        <lei>549300HVTWB0GJZ16V92</lei>
        <title>JD.COM INC COMMON STOCK USD.00002</title>
        <cusip>BKPQZT900</cusip>
        <identifiers>
          <isin value="KYG8208B1014"/>
          <ticker value="9618 HK"/>
        </identifiers>
        <balance>19200</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>244615.64</valUSD>
        <pctVal>0.0782639920</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>StarPower Semiconductor Ltd.</name>
        <lei>N/A</lei>
        <title>STARPOWER SEMICONDUCTOR LTD COMMON STOCK CNY1.0</title>
        <cusip>BL58R3906</cusip>
        <identifiers>
          <isin value="CNE100003RN6"/>
          <ticker value="603290 C1"/>
        </identifiers>
        <balance>251540</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.7854"/>
        <valUSD>5709205.68</valUSD>
        <pctVal>1.8266421064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Haier Smart Home Co. Ltd.</name>
        <lei>N/A</lei>
        <title>HAIER SMART HOME CO LTD COMMON STOCK CNY1.0</title>
        <cusip>BLD4QD905</cusip>
        <identifiers>
          <isin value="CNE1000048K8"/>
          <ticker value="6690 HK"/>
        </identifiers>
        <balance>549400</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>1405315.35</valUSD>
        <pctVal>0.4496261538</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WH Group Limited</name>
        <lei>N/A</lei>
        <title>WH GROUP LTD COMMON STOCK USD.0001</title>
        <cusip>BLLHKZ904</cusip>
        <identifiers>
          <isin value="KYG960071028"/>
          <ticker value="288 HK"/>
        </identifiers>
        <balance>6596500</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>6994366.36</valUSD>
        <pctVal>2.2378251576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tencent Holdings Limited</name>
        <lei>N/A</lei>
        <title>TENCENT HOLDINGS LTD COMMON STOCK HKD.00002</title>
        <cusip>BMMV2K903</cusip>
        <identifiers>
          <isin value="KYG875721634"/>
          <ticker value="700 HK"/>
        </identifiers>
        <balance>10900</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>601489.71</valUSD>
        <pctVal>0.1924447099</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pepco Group N.V.</name>
        <lei>N/A</lei>
        <title>PEPCO GROUP NV COMMON STOCK PLN.01</title>
        <cusip>BMXNYN908</cusip>
        <identifiers>
          <isin value="NL0015000AU7"/>
          <ticker value="PCO PW"/>
        </identifiers>
        <balance>304118</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.7618"/>
        <valUSD>2944457.57</valUSD>
        <pctVal>0.9420697868</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>TIM S.A.</name>
        <lei>N/A</lei>
        <title>TIM SA/BRAZIL COMMON STOCK</title>
        <cusip>BN71RB907</cusip>
        <identifiers>
          <isin value="BRTIMSACNOR5"/>
          <ticker value="TIMS3 BZ"/>
        </identifiers>
        <balance>63100</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.1623"/>
        <valUSD>267322.12</valUSD>
        <pctVal>0.0855288577</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>Rede D'Or Sao Luiz S.A.</name>
        <lei>N/A</lei>
        <title>REDE D'OR SAO LUIZ SA COMMON STOCK</title>
        <cusip>BNDQ8P905</cusip>
        <identifiers>
          <isin value="BRRDORACNOR8"/>
          <ticker value="RDOR3 BZ"/>
        </identifiers>
        <balance>263900</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.1623"/>
        <valUSD>1774396.88</valUSD>
        <pctVal>0.5677126095</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>SANY Heavy Industry Co.Ltd</name>
        <lei>N/A</lei>
        <title>SANY HEAVY INDUSTRY CO LTD COMMON STOCK CNY1.0</title>
        <cusip>BP3R3H902</cusip>
        <identifiers>
          <isin value="CNE000001F70"/>
          <ticker value="600031 C1"/>
        </identifiers>
        <balance>256549</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.7854"/>
        <valUSD>655670.15</valUSD>
        <pctVal>0.2097795685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wanhua Chemical Group Co. Ltd.</name>
        <lei>N/A</lei>
        <title>WANHUA CHEMICAL GROUP CO LTD COMMON STOCK CNY1.0</title>
        <cusip>BP3R3S908</cusip>
        <identifiers>
          <isin value="CNE0000016J9"/>
          <ticker value="600309 C1"/>
        </identifiers>
        <balance>29300</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.7854"/>
        <valUSD>296269.34</valUSD>
        <pctVal>0.0947904282</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yutong Bus Co.Ltd.</name>
        <lei>N/A</lei>
        <title>YUTONG BUS CO LTD COMMON STOCK CNY1.0</title>
        <cusip>BP3R5T904</cusip>
        <identifiers>
          <isin value="CNE000000PY4"/>
          <ticker value="600066 C1"/>
        </identifiers>
        <balance>83600</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.7854"/>
        <valUSD>330877.35</valUSD>
        <pctVal>0.1058631504</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Jushi Co. Ltd</name>
        <lei>N/A</lei>
        <title>CHINA JUSHI CO LTD COMMON STOCK CNY1.0</title>
        <cusip>BP3RDW908</cusip>
        <identifiers>
          <isin value="CNE000000YM1"/>
          <ticker value="600176 C1"/>
        </identifiers>
        <balance>291917</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.7854"/>
        <valUSD>3159484.5</valUSD>
        <pctVal>1.0108669657</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JandT Global Express Limited</name>
        <lei>N/A</lei>
        <title>JandT GLOBAL EXPRESS LTD COMMON STOCK USD.000002</title>
        <cusip>BRBTW1908</cusip>
        <identifiers>
          <isin value="KYG4990A1040"/>
          <ticker value="1519 HK"/>
        </identifiers>
        <balance>3161600</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>3375987.35</valUSD>
        <pctVal>1.0801363604</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zabka Group</name>
        <lei>N/A</lei>
        <title>ZABKA GROUP SA COMMON STOCK</title>
        <cusip>BRXWDB906</cusip>
        <identifiers>
          <isin value="LU2910446546"/>
          <ticker value="ZAB PW"/>
        </identifiers>
        <balance>442852</balance>
        <units>NS</units>
        <currencyConditional curCd="PLN" exchangeRt="3.7618"/>
        <valUSD>3207171.81</valUSD>
        <pctVal>1.0261243681</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>Globalwafers Co. Ltd.</name>
        <lei>N/A</lei>
        <title>GLOBALWAFERS CO LTD COMMON STOCK TWD10.0</title>
        <cusip>BS7JP3907</cusip>
        <identifiers>
          <isin value="TW0006488000"/>
          <ticker value="6488 TT"/>
        </identifiers>
        <balance>30000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.8565"/>
        <valUSD>968274.35</valUSD>
        <pctVal>0.3097962830</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>Localiza Rent a Car SA</name>
        <lei>N/A</lei>
        <title>LOCALIZA RENT A CAR SA PREFERRED STOCK</title>
        <cusip>BSHQ61905</cusip>
        <identifiers>
          <isin value="BRRENTACNPR1"/>
          <ticker value="RENT4 BZ"/>
        </identifiers>
        <balance>7646</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.1623"/>
        <valUSD>59230.1</valUSD>
        <pctVal>0.0189504812</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>The Saudi National Bank</name>
        <lei>N/A</lei>
        <title>SAUDI NATIONAL BANK/THE COMMON STOCK SAR10.0</title>
        <cusip>BSHYYN909</cusip>
        <identifiers>
          <isin value="SA13L050IE10"/>
          <ticker value="SNB AB"/>
        </identifiers>
        <balance>365920</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.7572"/>
        <valUSD>3766890.35</valUSD>
        <pctVal>1.2052045257</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chennai Super Kings Cricket Limited</name>
        <lei>N/A</lei>
        <title>CHENNAI SUPER KINGS CRICKET COMMON STOCK</title>
        <cusip>BYM8T4905</cusip>
        <identifiers>
          <isin value="INE852S01026"/>
          <ticker value="1319044D"/>
        </identifiers>
        <balance>207315</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="94.65875"/>
        <valUSD>143037.41</valUSD>
        <pctVal>0.0457643621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CT Environmental Group Limited</name>
        <lei>N/A</lei>
        <title>CT ENVIRONMENTAL GROUP LTD COMMON STOCK HKD.025</title>
        <cusip>BYMMR1902</cusip>
        <identifiers>
          <isin value="KYG258851156"/>
          <ticker value="1363 HK"/>
        </identifiers>
        <balance>164000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Meihua Holdings Group Co.Ltd</name>
        <lei>N/A</lei>
        <title>MEIHUA HOLDINGS GROUP CO LTD COMMON STOCK CNY1.0</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000HP9"/>
          <ticker value="600873 C1"/>
        </identifiers>
        <balance>516778</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.7854"/>
        <valUSD>560211.37</valUSD>
        <pctVal>0.1792378370</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hongfa Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>HONGFA TECHNOLOGY CO LTD COMMON STOCK CNY1.0</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000JK6"/>
          <ticker value="600885 C1"/>
        </identifiers>
        <balance>80400</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.7854"/>
        <valUSD>410223.1</valUSD>
        <pctVal>0.1312495695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hisense Home Appliances Group Co. Ltd.</name>
        <lei>N/A</lei>
        <title>HISENSE HOME APPLIANCES GROUP COMMON STOCK CNY1.0</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000000LC9"/>
          <ticker value="000921 C2"/>
        </identifiers>
        <balance>453100</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.7854"/>
        <valUSD>1828800.6</valUSD>
        <pctVal>0.5851189057</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hongda Xingye Co.Ltd.</name>
        <lei>N/A</lei>
        <title>HONGDA XINGYE CO LTD COMMON STOCK CNY1.0</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001JF4"/>
          <ticker value="002002 C2"/>
        </identifiers>
        <balance>28900</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.7854"/>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Beijing Oriental Yuhong Waterproof Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>BEIJING ORIENTAL YUHONG WATERP COMMON STOCK CNY1.0</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000CS3"/>
          <ticker value="002271 C2"/>
        </identifiers>
        <balance>203275</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.7854"/>
        <valUSD>356907.25</valUSD>
        <pctVal>0.1141913337</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rianlon Corporation</name>
        <lei>N/A</lei>
        <title>RIANLON CORP COMMON STOCK CNY1.0</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002MQ2"/>
          <ticker value="300596 C2"/>
        </identifiers>
        <balance>249371</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.7854"/>
        <valUSD>1933946.38</valUSD>
        <pctVal>0.6187599619</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Anker Innovations Technology Co. Ltd.</name>
        <lei>N/A</lei>
        <title>ANKER INNOVATIONS TECHNOLOGY C COMMON STOCK CNY1.0</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100007QJ7"/>
          <ticker value="668 HK"/>
        </identifiers>
        <balance>20262</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>259180.92</valUSD>
        <pctVal>0.0829241068</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AGI Inc</name>
        <lei>N/A</lei>
        <title>AGI INC COMMON STOCK</title>
        <cusip>G0118C105</cusip>
        <identifiers>
          <isin value="KYG0118C1050"/>
          <ticker value="AGBK US"/>
        </identifiers>
        <balance>60587</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>428955.96</valUSD>
        <pctVal>0.1372430881</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="373215.000000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arcos Dorados Holdings Inc.</name>
        <lei>54930023P2MIZN13DQ85</lei>
        <title>ARCOS DORADOS HOLDINGS INC COMMON STOCK</title>
        <cusip>G0457F107</cusip>
        <identifiers>
          <isin value="VGG0457F1071"/>
          <ticker value="ARCO US"/>
        </identifiers>
        <balance>322079</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2595956.74</valUSD>
        <pctVal>0.8305680603</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>UY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Credicorp Ltd.</name>
        <lei>N/A</lei>
        <title>CREDICORP LTD COMMON STOCK USD5.0</title>
        <cusip>G2519Y108</cusip>
        <identifiers>
          <isin value="BMG2519Y1084"/>
          <ticker value="BAP US"/>
        </identifiers>
        <balance>17201</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6701165.58</valUSD>
        <pctVal>2.1440165054</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Weatherford International Public Limited Company</name>
        <lei>N/A</lei>
        <title>WEATHERFORD INTERNATIONAL PLC COMMON STOCK USD.001</title>
        <cusip>G48833118</cusip>
        <identifiers>
          <isin value="IE00BLNN3691"/>
          <ticker value="WFRD US"/>
        </identifiers>
        <balance>10184</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>829996</valUSD>
        <pctVal>0.2655545669</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Time Interconnect Technology Limited</name>
        <lei>N/A</lei>
        <title>TIME INTERCONNECT TECHNOLOGY L COMMON STOCK HKD.01</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG8879R1048"/>
          <ticker value="1729 HK"/>
        </identifiers>
        <balance>299000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>652591.23</valUSD>
        <pctVal>0.2087944779</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Millicom International Cellular S.A.</name>
        <lei>549300CTHC1CP86P2G96</lei>
        <title>MILLICOM INTERNATIONAL CELLULA COMMON STOCK USD1.5</title>
        <cusip>L6388F110</cusip>
        <identifiers>
          <isin value="LU0038705702"/>
          <ticker value="TIGO US"/>
        </identifiers>
        <balance>195564</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17749388.64</valUSD>
        <pctVal>5.6788601550</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>NXP Semiconductors N.V.</name>
        <lei>N/A</lei>
        <title>NXP SEMICONDUCTORS NV COMMON STOCK EUR.2</title>
        <cusip>N6596X109</cusip>
        <identifiers>
          <isin value="NL0009538784"/>
          <ticker value="NXPI US"/>
        </identifiers>
        <balance>4824</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1355688.72</valUSD>
        <pctVal>0.4337482722</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Techtronic Industries Company Limited</name>
        <lei>N/A</lei>
        <title>TECHTRONIC INDUSTRIES CO LTD COMMON STOCK</title>
        <cusip>B0190C903</cusip>
        <identifiers>
          <isin value="HK0669013440"/>
          <ticker value="669 HK"/>
        </identifiers>
        <balance>201000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>3344952.63</valUSD>
        <pctVal>1.0702069010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eczacibasi Yatirim Holding Ortakligi A.S.</name>
        <lei>N/A</lei>
        <title>ECZACIBASI YATIRIM HOLDING ORT COMMON STOCK TRY1.0</title>
        <cusip>B03MRR900</cusip>
        <identifiers>
          <isin value="TRAECZYT91Q5"/>
          <ticker value="ECZYT TI"/>
        </identifiers>
        <balance>0.5</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="46.64625"/>
        <valUSD>3.22</valUSD>
        <pctVal>0.0000010302</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>Goldas Kuyumculuk Sanayi Ithalat Ihracat A.S. ve Bagli Ortakliklari</name>
        <lei>N/A</lei>
        <title>GOLDAS KUYUMCULUK SANAYI ITHAL COMMON STOCK TRY1.</title>
        <cusip>B03MT8900</cusip>
        <identifiers>
          <isin value="TRAGOLDS91T5"/>
          <ticker value="GOLDS"/>
        </identifiers>
        <balance>54846</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="46.64625"/>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Uzel Makina Sanayii A.S.</name>
        <lei>N/A</lei>
        <title>UZEL MAKINA SANAYII AS COMMON STOCK TRY1.0</title>
        <cusip>B03MZ2906</cusip>
        <identifiers>
          <isin value="TRAUZELW91H7"/>
          <ticker value="UZEL"/>
        </identifiers>
        <balance>22930</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="46.64625"/>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Localiza Rent a Car SA</name>
        <lei>N/A</lei>
        <title>LOCALIZA RENT A CAR SA COMMON STOCK</title>
        <cusip>B08K3S903</cusip>
        <identifiers>
          <isin value="BRRENTACNOR4"/>
          <ticker value="RENT3 BZ"/>
        </identifiers>
        <balance>558900</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.1623"/>
        <valUSD>4497356.99</valUSD>
        <pctVal>1.4389149920</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>CP ALL Public Company Limited</name>
        <lei>N/A</lei>
        <title>CP ALL PCL NVDR THB1.0</title>
        <cusip>B08YDH906</cusip>
        <identifiers>
          <isin value="TH0737010R15"/>
          <ticker value="CPALL-R TB"/>
        </identifiers>
        <balance>2219500</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.2205"/>
        <valUSD>3138994.91</valUSD>
        <pctVal>1.0043113869</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>Oversea-Chinese Banking Corporation Limited</name>
        <lei>5493007O3QFXCPOGWK22</lei>
        <title>OVERSEA-CHINESE BANKING CORP L COMMON STOCK</title>
        <cusip>B0F9V2906</cusip>
        <identifiers>
          <isin value="SG1S04926220"/>
          <ticker value="OCBC SP"/>
        </identifiers>
        <balance>388100</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.29375"/>
        <valUSD>7447906.28</valUSD>
        <pctVal>2.3829338052</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>Hana Financial Group Inc.</name>
        <lei>N/A</lei>
        <title>HANA FINANCIAL GROUP INC COMMON STOCK KRW5000.0</title>
        <cusip>B0RNRF908</cusip>
        <identifiers>
          <isin value="KR7086790003"/>
          <ticker value="086790 KS"/>
        </identifiers>
        <balance>46786</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1549.3"/>
        <valUSD>3494630.31</valUSD>
        <pctVal>1.1180957962</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 Bakrie Telecom Tbk</name>
        <lei>N/A</lei>
        <title>BAKRIE TELECOM TBK PT COMMON STOCK IDR100.</title>
        <cusip>B0Y65H907</cusip>
        <identifiers>
          <isin value="ID1000103005"/>
          <ticker value="BTEL IJ"/>
        </identifiers>
        <balance>17557300</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="17880"/>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Al Rajhi Banking and Investment Corporation</name>
        <lei>N/A</lei>
        <title>AL RAJHI BANK COMMON STOCK SAR10.0</title>
        <cusip>B12LZH904</cusip>
        <identifiers>
          <isin value="SA0007879113"/>
          <ticker value="RJHI AB"/>
        </identifiers>
        <balance>173180</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.7572"/>
        <valUSD>3037927.9</valUSD>
        <pctVal>0.9719753201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT Truba Alam Manunggal Engineering Tbk</name>
        <lei>N/A</lei>
        <title>TRUBA ALAM MANUNGGAL ENGINEERI COMMON STOCK IDR100.0</title>
        <cusip>B1FD8C909</cusip>
        <identifiers>
          <isin value="ID1000104706"/>
          <ticker value="TRUB IJ"/>
        </identifiers>
        <balance>11991500</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="17880"/>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Huiyuan Juice Group Limited</name>
        <lei>N/A</lei>
        <title>CHINA HUIYUAN JUICE GROUP LTD COMMON STOCK USD.00001</title>
        <cusip>B1QHDZ901</cusip>
        <identifiers>
          <isin value="KYG211231074"/>
          <ticker value="1886 HK"/>
        </identifiers>
        <balance>212500</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Phoenix Petroleum Philippines Inc.</name>
        <lei>N/A</lei>
        <title>PHOENIX PETROLEUM PHILIPPINES COMMON STOCK PHP1.0</title>
        <cusip>B1Z8S3906</cusip>
        <identifiers>
          <isin value="PHY6892G1059"/>
          <ticker value="PNX PM"/>
        </identifiers>
        <balance>22200</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="61.37"/>
        <valUSD>942.7</valUSD>
        <pctVal>0.0003016139</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Qunxing Paper Holdings Company Limited</name>
        <lei>N/A</lei>
        <title>QUNXING PAPER HOLDINGS CO LTD COMMON STOCK</title>
        <cusip>B27W9Z902</cusip>
        <identifiers>
          <isin value="KYG7329J1004"/>
          <ticker value="3868 HK"/>
        </identifiers>
        <balance>634371</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bajaj Auto Limited</name>
        <lei>N/A</lei>
        <title>BAJAJ AUTO LTD COMMON STOCK INR10.0</title>
        <cusip>B2QKXW907</cusip>
        <identifiers>
          <isin value="INE917I01010"/>
          <ticker value="BJAUT IN"/>
        </identifiers>
        <balance>28400</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="94.65875"/>
        <valUSD>2913949.64</valUSD>
        <pctVal>0.9323088721</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Zhongwang Holdings Limited</name>
        <lei>N/A</lei>
        <title>CHINA ZHONGWANG HOLDINGS LTD COMMON STOCK HKD.1</title>
        <cusip>B3VZ22906</cusip>
        <identifiers>
          <isin value="KYG215AT1023"/>
          <ticker value="1333 HK"/>
        </identifiers>
        <balance>196800</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Fiber Optic Network System Group Ltd.</name>
        <lei>N/A</lei>
        <title>CHINA FIBER OPTIC NETWORK SYST COMMON STOCK USD.001</title>
        <cusip>B4RCHB904</cusip>
        <identifiers>
          <isin value="KYG211521060"/>
          <ticker value="3777 HK"/>
        </identifiers>
        <balance>150800</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Lumena New Materials Corp.</name>
        <lei>N/A</lei>
        <title>CHINA LUMENA NEW MATERIALS COR COMMON STOCK USD.0004</title>
        <cusip>B51Z6D906</cusip>
        <identifiers>
          <isin value="KYG2160B1005"/>
          <ticker value="67 HK"/>
        </identifiers>
        <balance>50900</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.84285"/>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT Waskita Karya (Persero) Tbk</name>
        <lei>N/A</lei>
        <title>WASKITA KARYA PERSERO TBK PT COMMON STOCK IDR100.0</title>
        <cusip>B7VW3S906</cusip>
        <identifiers>
          <isin value="ID1000126105"/>
          <ticker value="WSKT IJ"/>
        </identifiers>
        <balance>596656</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="17880"/>
        <valUSD>2864.82</valUSD>
        <pctVal>0.0009165900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grupo Cibest S.A.</name>
        <lei>N/A</lei>
        <title>GRUPO CIBEST SA ADR</title>
        <cusip>40090E106</cusip>
        <identifiers>
          <isin value="US40090E1064"/>
          <ticker value="CIB US"/>
        </identifiers>
        <balance>36487</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2898162.41</valUSD>
        <pctVal>0.9272577984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HDFC Bank Limited</name>
        <lei>N/A</lei>
        <title>HDFC BANK LTD ADR</title>
        <cusip>40415F101</cusip>
        <identifiers>
          <isin value="US40415F1012"/>
          <ticker value="HDB US"/>
        </identifiers>
        <balance>122070</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3153068.1</valUSD>
        <pctVal>1.0088140590</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>H World Group Limited</name>
        <lei>N/A</lei>
        <title>H WORLD GROUP LTD ADR</title>
        <cusip>44332N106</cusip>
        <identifiers>
          <isin value="US44332N1063"/>
          <ticker value="HTHT US"/>
        </identifiers>
        <balance>16246</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>677783.12</valUSD>
        <pctVal>0.2168545425</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Itau Unibanco Holding S.A.</name>
        <lei>N/A</lei>
        <title>ITAU UNIBANCO HOLDING SA ADR</title>
        <cusip>465562106</cusip>
        <identifiers>
          <isin value="US4655621062"/>
          <ticker value="ITUB US"/>
        </identifiers>
        <balance>248922</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2033692.74</valUSD>
        <pctVal>0.6506734910</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>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Returns are reported without deduction of sales loads and redemption fees, if applicable." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-07-27</ncom:dateSigned>
      <ncom:nameOfApplicant>John Hancock Variable Insurance Trust</ncom:nameOfApplicant>
      <ncom:signature>/s/Salvatore Schiavone</ncom:signature>
      <ncom:signerName>Salvatore Schiavone</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
