Quarterly Holdings Report
for
Fidelity Flex® International Focused Index Fund
July 31, 2026
FXI-NPRT3-0926
1.9918056.101
Common Stocks - 96.5%
 
 
Shares
Value ($)
 
ARGENTINA - 0.0%
 
 
 
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Vista Energy SAB de CV ADR (b)
 
259
18,246
AUSTRALIA - 4.5%
 
 
 
Communication Services - 0.0%
 
 
 
Interactive Media & Services - 0.0%
 
 
 
CAR Group Ltd
 
4,138
75,555
REA Group Ltd
 
18
2,033
SEEK Ltd
 
3,942
40,672
TOTAL COMMUNICATION SERVICES
 
 
118,260
Consumer Discretionary - 0.3%
 
 
 
Broadline Retail - 0.1%
 
 
 
Wesfarmers Ltd
 
2,326
145,690
Hotels, Restaurants & Leisure - 0.2%
 
 
 
Aristocrat Leisure Ltd
 
5,435
244,276
Specialty Retail - 0.0%
 
 
 
JB Hi-Fi Ltd
 
1,052
60,519
TOTAL CONSUMER DISCRETIONARY
 
 
450,485
Consumer Staples - 0.2%
 
 
 
Beverages - 0.0%
 
 
 
Treasury Wine Estates Ltd
 
1,203
4,161
Consumer Staples Distribution & Retail - 0.2%
 
 
 
Coles Group Ltd
 
11,889
200,841
Metcash Ltd
 
13,724
29,304
Woolworths Group Ltd
 
785
21,905
 
 
 
252,050
TOTAL CONSUMER STAPLES
 
 
256,211
Energy - 0.2%
 
 
 
Oil, Gas & Consumable Fuels - 0.2%
 
 
 
Santos Ltd
 
30,418
168,934
Whitehaven Coal Ltd
 
6,615
32,668
Woodside Energy Group Ltd
 
3,012
70,496
TOTAL ENERGY
 
 
272,098
Financials - 1.6%
 
 
 
Banks - 1.2%
 
 
 
ANZ Group Holdings Ltd
 
15,637
408,674
Commonwealth Bank of Australia
 
5,624
703,028
National Australia Bank Ltd
 
8,419
243,780
Westpac Banking Corp
 
16,857
447,002
 
 
 
1,802,484
Capital Markets - 0.1%
 
 
 
HUB24 Ltd
 
619
36,859
Macquarie Group Ltd
 
678
120,358
 
 
 
157,217
Insurance - 0.3%
 
 
 
Insurance Australia Group Ltd
 
27,461
163,618
Medibank Pvt Ltd
 
31,836
115,397
QBE Insurance Group Ltd
 
12,563
217,902
 
 
 
496,917
TOTAL FINANCIALS
 
 
2,456,618
Health Care - 0.2%
 
 
 
Biotechnology - 0.0%
 
 
 
CSL Ltd
 
332
28,705
Health Care Providers & Services - 0.2%
 
 
 
EBOS Group Ltd
 
2,392
31,012
Sigma Healthcare Ltd
 
65,719
135,512
Sonic Healthcare Ltd
 
5,791
88,628
 
 
 
255,152
Health Care Technology - 0.0%
 
 
 
Pro Medicus Ltd
 
592
67,345
TOTAL HEALTH CARE
 
 
351,202
Industrials - 0.3%
 
 
 
Commercial Services & Supplies - 0.2%
 
 
 
Brambles Ltd
 
11,855
162,743
Passenger Airlines - 0.0%
 
 
 
Qantas Airways Ltd
 
8,509
59,214
Professional Services - 0.1%
 
 
 
ALS Ltd
 
6,050
91,314
Trading Companies & Distributors - 0.0%
 
 
 
SGH Ltd
 
2,486
76,881
Transportation Infrastructure - 0.0%
 
 
 
Transurban Group unit
 
1,724
17,903
TOTAL INDUSTRIALS
 
 
408,055
Information Technology - 0.1%
 
 
 
IT Services - 0.0%
 
 
 
NEXTDC Ltd (b)
 
5,679
53,414
Software - 0.1%
 
 
 
Technology One Ltd
 
3,488
76,076
TOTAL INFORMATION TECHNOLOGY
 
 
129,490
Materials - 1.4%
 
 
 
Chemicals - 0.1%
 
 
 
Orica Ltd
 
5,387
88,000
Metals & Mining - 1.3%
 
 
 
BHP Group Ltd
 
15,880
669,351
BlueScope Steel Ltd
 
5,025
115,255
Glencore PLC
 
50,619
372,827
Northern Star Resources Ltd
 
12,063
167,179
Ramelius Resources Ltd
 
13,575
29,194
Rio Tinto Ltd
 
2,302
274,356
Rio Tinto PLC
 
3,063
297,631
South32 Ltd
 
49,633
158,235
 
 
 
2,084,028
TOTAL MATERIALS
 
 
2,172,028
Real Estate - 0.2%
 
 
 
Diversified REITs - 0.0%
 
 
 
GPT Group/The unit
 
21,263
76,587
Industrial REITs - 0.0%
 
 
 
Goodman Group unit
 
2,186
45,510
Retail REITs - 0.2%
 
 
 
Scentre Group unit
 
60,092
164,984
Vicinity Ltd unit
 
45,607
85,711
 
 
 
250,695
TOTAL REAL ESTATE
 
 
372,792
Utilities - 0.0%
 
 
 
Gas Utilities - 0.0%
 
 
 
Apa Group unit
 
13,827
98,910
Multi-Utilities - 0.0%
 
 
 
AGL Energy Ltd
 
430
2,502
TOTAL UTILITIES
 
 
101,412
TOTAL AUSTRALIA
 
 
7,088,651
AUSTRIA - 0.3%
 
 
 
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
OMV AG
 
564
41,071
Financials - 0.3%
 
 
 
Banks - 0.2%
 
 
 
BAWAG Group AG (c)(d)
 
891
180,011
Erste Group Bank AG
 
310
40,323
 
 
 
220,334
Insurance - 0.1%
 
 
 
UNIQA Insurance Group AG
 
1,020
21,172
Vienna Insurance Group AG Wiener Versicherung Gruppe
 
440
35,974
 
 
 
57,146
TOTAL FINANCIALS
 
 
277,480
Industrials - 0.0%
 
 
 
Commercial Services & Supplies - 0.0%
 
 
 
DO & Co AG
 
81
18,868
Machinery - 0.0%
 
 
 
ANDRITZ AG
 
123
11,517
TOTAL INDUSTRIALS
 
 
30,385
Materials - 0.0%
 
 
 
Construction Materials - 0.0%
 
 
 
Wienerberger AG
 
1,167
28,610
Paper & Forest Products - 0.0%
 
 
 
Mondi PLC
 
2,202
26,478
TOTAL MATERIALS
 
 
55,088
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Verbund AG Class A
 
330
22,661
TOTAL AUSTRIA
 
 
426,685
BELGIUM - 0.6%
 
 
 
Consumer Discretionary - 0.0%
 
 
 
Distributors - 0.0%
 
 
 
D'ieteren Group
 
73
15,102
Consumer Staples - 0.3%
 
 
 
Beverages - 0.3%
 
 
 
Anheuser-Busch InBev SA/NV
 
3,290
285,750
Food Products - 0.0%
 
 
 
Lotus Bakeries NV
 
5
64,230
TOTAL CONSUMER STAPLES
 
 
349,980
Financials - 0.1%
 
 
 
Banks - 0.0%
 
 
 
KBC Group NV
 
164
23,573
Financial Services - 0.0%
 
 
 
Sofina SA
 
168
47,619
Insurance - 0.1%
 
 
 
Ageas SA/NV
 
1,908
158,195
TOTAL FINANCIALS
 
 
229,387
Health Care - 0.2%
 
 
 
Pharmaceuticals - 0.2%
 
 
 
Financiere de Tubize SA
 
124
27,740
UCB SA
 
832
213,855
TOTAL HEALTH CARE
 
 
241,595
Industrials - 0.0%
 
 
 
Construction & Engineering - 0.0%
 
 
 
Ackermans & van Haaren NV
 
82
25,455
Electrical Equipment - 0.0%
 
 
 
Cenergy Holdings SA (Greece)
 
277
6,842
TOTAL INDUSTRIALS
 
 
32,297
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Syensqo SA
 
659
58,400
Real Estate - 0.0%
 
 
 
Industrial REITs - 0.0%
 
 
 
Warehouses De Pauw CVA
 
1,746
44,939
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Elia Group SA/NV
 
204
29,335
TOTAL BELGIUM
 
 
1,001,035
BRAZIL - 1.4%
 
 
 
Communication Services - 0.0%
 
 
 
Wireless Telecommunication Services - 0.0%
 
 
 
TIM SA/Brazil
 
7,700
29,514
Consumer Discretionary - 0.0%
 
 
 
Specialty Retail - 0.0%
 
 
 
Cosan SA (b)
 
10,100
8,109
Ultrapar Participacoes SA
 
8,200
53,463
TOTAL CONSUMER DISCRETIONARY
 
 
61,572
Consumer Staples - 0.0%
 
 
 
Food Products - 0.0%
 
 
 
MBRF Global Foods Co SA
 
10,000
34,601
Personal Care Products - 0.0%
 
 
 
Natura Cosmeticos SA (b)
 
11,100
18,350
TOTAL CONSUMER STAPLES
 
 
52,951
Energy - 0.2%
 
 
 
Oil, Gas & Consumable Fuels - 0.2%
 
 
 
Petroleo Brasileiro SA - Petrobras
 
24,200
234,116
Petroleo Brasileiro SA - Petrobras (PN)
 
6,100
52,250
PRIO SA/Brazil (b)
 
3,000
36,012
TOTAL ENERGY
 
 
322,378
Financials - 0.6%
 
 
 
Banks - 0.4%
 
 
 
Banco do Brasil SA
 
34,700
146,148
Itau Unibanco Holding SA
 
33,411
282,690
NU Holdings Ltd/Cayman Islands Class A (b)
 
7,875
112,849
 
 
 
541,687
Capital Markets - 0.2%
 
 
 
B3 SA - Brasil Bolsa Balcao
 
48,600
150,810
XP Inc depository receipt
 
4,488
76,636
 
 
 
227,446
TOTAL FINANCIALS
 
 
769,133
Health Care - 0.0%
 
 
 
Health Care Providers & Services - 0.0%
 
 
 
Rede D'Or Sao Luiz SA (c)(d)
 
2,000
13,667
Pharmaceuticals - 0.0%
 
 
 
Hypera SA
 
4,567
19,163
TOTAL HEALTH CARE
 
 
32,830
Industrials - 0.1%
 
 
 
Aerospace & Defense - 0.1%
 
 
 
Embraer SA
 
7,600
130,271
Ground Transportation - 0.0%
 
 
 
Rumo SA
 
8,700
24,783
TOTAL INDUSTRIALS
 
 
155,054
Information Technology - 0.0%
 
 
 
Software - 0.0%
 
 
 
TOTVS SA
 
2,100
12,867
Materials - 0.4%
 
 
 
Chemicals - 0.1%
 
 
 
Yara International ASA
 
1,671
78,759
Containers & Packaging - 0.0%
 
 
 
Klabin SA unit
 
14,444
52,001
Metals & Mining - 0.3%
 
 
 
Vale SA
 
9,500
142,956
Wheaton Precious Metals Corp
 
1,031
112,142
 
 
 
255,098
Paper & Forest Products - 0.0%
 
 
 
Suzano SA
 
8,800
75,203
TOTAL MATERIALS
 
 
461,061
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Multiplan Empreendimentos Imobiliarios SA
 
1,800
9,988
Utilities - 0.1%
 
 
 
Electric Utilities - 0.1%
 
 
 
Axia Energia SA
 
10,410
108,471
Axia Energia SA Series C
 
825
8,465
Cia Paranaense de Energia - Copel
 
22,600
66,117
 
 
 
183,053
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Eneva SA (b)
 
8,000
41,522
TOTAL UTILITIES
 
 
224,575
TOTAL BRAZIL
 
 
2,131,923
CAMEROON - 0.0%
 
 
 
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Golar LNG Ltd
 
1,181
58,046
CANADA - 7.9%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.1%
 
 
 
BCE Inc
 
3,361
72,909
Quebecor Inc Class B
 
1,037
47,987
TOTAL COMMUNICATION SERVICES
 
 
120,896
Consumer Discretionary - 0.3%
 
 
 
Broadline Retail - 0.1%
 
 
 
Canadian Tire Corp Ltd Class A
 
342
49,915
Dollarama Inc
 
225
30,650
 
 
 
80,565
Hotels, Restaurants & Leisure - 0.1%
 
 
 
Restaurant Brands International Inc
 
2,837
209,823
Textiles, Apparel & Luxury Goods - 0.1%
 
 
 
Gildan Activewear Inc
 
2,334
129,200
TOTAL CONSUMER DISCRETIONARY
 
 
419,588
Consumer Staples - 0.3%
 
 
 
Consumer Staples Distribution & Retail - 0.3%
 
 
 
Alimentation Couche-Tard Inc
 
1,111
72,128
Empire Co Ltd Class A
 
349
12,773
George Weston Ltd
 
1,857
138,787
Loblaw Cos Ltd
 
4,421
207,544
TOTAL CONSUMER STAPLES
 
 
431,232
Energy - 1.4%
 
 
 
Oil, Gas & Consumable Fuels - 1.4%
 
 
 
Cameco Corp
 
771
66,537
Canadian Natural Resources Ltd
 
10,200
485,899
Cenovus Energy Inc
 
9,083
273,880
Enbridge Inc
 
6,533
355,485
Imperial Oil Ltd
 
1,356
175,806
Keyera Corp
 
2,757
117,136
Suncor Energy Inc
 
2,980
200,119
TC Energy Corp
 
5,629
379,055
Whitecap Resources Inc
 
14,087
166,208
TOTAL ENERGY
 
 
2,220,125
Financials - 3.1%
 
 
 
Banks - 2.2%
 
 
 
Bank of Montreal
 
1,973
353,925
Bank of Nova Scotia/The
 
6,168
541,056
Canadian Imperial Bank of Commerce
 
2,508
297,056
National Bank of Canada
 
2,244
362,968
Royal Bank of Canada
 
4,779
1,000,255
Toronto Dominion Bank
 
7,506
899,746
 
 
 
3,455,006
Capital Markets - 0.3%
 
 
 
Brookfield Corp Class A
 
10,721
455,653
TMX Group Ltd
 
1,799
65,757
 
 
 
521,410
Insurance - 0.6%
 
 
 
Fairfax Financial Holdings Ltd Subordinate Voting Shares
 
137
229,422
Great-West Lifeco Inc
 
3,027
200,684
Intact Financial Corp
 
105
20,617
Manulife Financial Corp
 
3,565
158,331
Power Corp of Canada Subordinate Voting Shares
 
4,082
278,957
Sun Life Financial Inc
 
548
45,467
 
 
 
933,478
TOTAL FINANCIALS
 
 
4,909,894
Industrials - 0.8%
 
 
 
Aerospace & Defense - 0.1%
 
 
 
CAE Inc (b)
 
4,073
105,061
Construction & Engineering - 0.2%
 
 
 
Stantec Inc
 
1,468
103,598
WSP Global Inc
 
1,242
151,741
 
 
 
255,339
Ground Transportation - 0.4%
 
 
 
Canadian National Railway Co
 
3,156
401,297
Canadian Pacific Kansas City Ltd
 
2,152
191,152
 
 
 
592,449
Professional Services - 0.1%
 
 
 
Thomson Reuters Corp
 
1,654
162,256
Trading Companies & Distributors - 0.0%
 
 
 
Finning International Inc
 
1,317
87,276
TOTAL INDUSTRIALS
 
 
1,202,381
Information Technology - 0.6%
 
 
 
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
Celestica Inc (b)
 
87
28,788
IT Services - 0.4%
 
 
 
CGI Inc Class A
 
2,261
165,496
Shopify Inc Class A (b)
 
3,868
453,008
 
 
 
618,504
Software - 0.2%
 
 
 
Constellation Software Inc/Canada
 
139
297,761
Open Text Corp
 
2,406
60,997
 
 
 
358,758
TOTAL INFORMATION TECHNOLOGY
 
 
1,006,050
Materials - 1.0%
 
 
 
Chemicals - 0.1%
 
 
 
Nutrien Ltd
 
3,237
223,427
Metals & Mining - 0.9%
 
 
 
Agnico Eagle Mines Ltd/CA
 
1,494
216,898
Barrick Mining Corp
 
8,913
327,121
Equinox Gold Corp (e)
 
9,353
83,799
First Majestic Silver Corp
 
5,494
82,575
Franco-Nevada Corp
 
1,154
245,511
Hudbay Minerals Inc
 
4,854
110,144
Kinross Gold Corp
 
1,470
33,891
Lundin Gold Inc
 
1,055
59,070
Pan American Silver Corp
 
3,489
150,227
 
 
 
1,309,236
TOTAL MATERIALS
 
 
1,532,663
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Colliers International Group Inc Subordinate Voting Shares
 
419
41,199
Utilities - 0.3%
 
 
 
Electric Utilities - 0.1%
 
 
 
Emera Inc
 
3,103
165,814
Fortis Inc/Canada
 
144
8,197
 
 
 
174,011
Gas Utilities - 0.1%
 
 
 
AltaGas Ltd
 
3,581
142,489
Multi-Utilities - 0.1%
 
 
 
Algonquin Power & Utilities Corp
 
5,345
31,264
Canadian Utilities Ltd Class A
 
1,526
60,655
 
 
 
91,919
TOTAL UTILITIES
 
 
408,419
TOTAL CANADA
 
 
12,292,447
CHILE - 0.4%
 
 
 
Consumer Discretionary - 0.0%
 
 
 
Broadline Retail - 0.0%
 
 
 
Falabella SA
 
150
1,003
Specialty Retail - 0.0%
 
 
 
Empresas Copec SA
 
4,445
30,358
TOTAL CONSUMER DISCRETIONARY
 
 
31,361
Consumer Staples - 0.0%
 
 
 
Beverages - 0.0%
 
 
 
Embotelladora Andina SA Class B
 
4,377
21,797
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
Banco de Credito e Inversiones SA
 
22
1,582
Banco Itau Chile SA
 
867
19,583
Banco Santander Chile
 
740,535
64,508
TOTAL FINANCIALS
 
 
85,673
Industrials - 0.0%
 
 
 
Industrial Conglomerates - 0.0%
 
 
 
Quinenco SA
 
4,333
20,785
Passenger Airlines - 0.0%
 
 
 
Latam Airlines Group SA
 
402,962
10,723
TOTAL INDUSTRIALS
 
 
31,508
Materials - 0.3%
 
 
 
Chemicals - 0.0%
 
 
 
Sociedad Quimica y Minera de Chile SA Class B
 
425
28,661
Metals & Mining - 0.3%
 
 
 
Antofagasta PLC
 
3,567
175,712
Lundin Mining Corp
 
6,666
165,051
 
 
 
340,763
Paper & Forest Products - 0.0%
 
 
 
Empresas Cmpc SA
 
11,590
13,151
TOTAL MATERIALS
 
 
382,575
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Parque Arauco SA
 
5,208
22,087
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Enel Chile SA
 
236,522
20,857
TOTAL CHILE
 
 
595,858
CHINA - 5.8%
 
 
 
Communication Services - 1.2%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
China Tower Corp Ltd H Shares (c)(d)
 
54,500
69,703
Entertainment - 0.2%
 
 
 
China Ruyi Holdings Ltd (b)
 
20,000
3,672
Netease Inc
 
11,100
295,329
 
 
 
299,001
Interactive Media & Services - 1.0%
 
 
 
Baidu Inc A Shares (b)
 
900
12,467
Kuaishou Technology B Shares (c)(d)
 
27,500
153,238
Tencent Holdings Ltd
 
21,900
1,338,155
 
 
 
1,503,860
TOTAL COMMUNICATION SERVICES
 
 
1,872,564
Consumer Discretionary - 1.8%
 
 
 
Automobile Components - 0.0%
 
 
 
Minth Group Ltd
 
1,300
4,585
Automobiles - 0.3%
 
 
 
BYD Co Ltd H Shares
 
21,800
260,616
Geely Automobile Holdings Ltd
 
58,000
146,435
Great Wall Motor Co Ltd H Shares
 
28,500
32,997
NIO Inc A Shares (b)
 
21,070
103,387
 
 
 
543,435
Broadline Retail - 1.1%
 
 
 
Alibaba Group Holding Ltd
 
67,700
1,031,302
JD.com Inc A Shares
 
3,500
57,575
PDD Holdings Inc Class A ADR (b)
 
4,019
355,923
Prosus NV Class N
 
5,147
239,196
 
 
 
1,683,996
Hotels, Restaurants & Leisure - 0.2%
 
 
 
Meituan B Shares (b)(c)(d)
 
12,000
141,677
Trip.com Group Ltd (b)
 
4,350
203,800
 
 
 
345,477
Specialty Retail - 0.1%
 
 
 
Chow Tai Fook Jewellery Group Ltd
 
8,000
12,618
Pop Mart International Group Ltd (c)(d)
 
7,800
161,721
 
 
 
174,339
Textiles, Apparel & Luxury Goods - 0.1%
 
 
 
Laopu Gold Co Ltd H Shares
 
600
24,849
Li Ning Co Ltd
 
27,000
52,159
Shenzhou International Group Holdings Ltd
 
9,300
52,866
 
 
 
129,874
TOTAL CONSUMER DISCRETIONARY
 
 
2,881,706
Consumer Staples - 0.1%
 
 
 
Beverages - 0.0%
 
 
 
Tsingtao Brewery Co Ltd H Shares
 
8,000
47,536
Consumer Staples Distribution & Retail - 0.1%
 
 
 
JD Health International Inc (b)(c)(d)
 
12,350
62,047
Food Products - 0.0%
 
 
 
Wilmar International Ltd
 
9,400
28,746
TOTAL CONSUMER STAPLES
 
 
138,329
Energy - 0.2%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
China Oilfield Services Ltd H Shares
 
4,000
3,611
Oil, Gas & Consumable Fuels - 0.2%
 
 
 
China Shenhua Energy Co Ltd H Shares
 
30,000
166,250
COSCO SHIPPING Energy Transportation Co Ltd H Shares
 
14,000
24,832
PetroChina Co Ltd H Shares
 
6,000
7,604
Yankuang Energy Group Co Ltd H Shares
 
36,000
54,443
 
 
 
253,129
TOTAL ENERGY
 
 
256,740
Financials - 1.2%
 
 
 
Banks - 0.8%
 
 
 
Agricultural Bank of China Ltd H Shares
 
267,000
214,828
Bank of China Ltd H Shares
 
164,000
115,225
Bank of Communications Co Ltd H Shares
 
199,000
191,834
China Construction Bank Corp H Shares
 
287,000
336,773
Industrial & Commercial Bank of China Ltd H Shares
 
429,000
410,818
 
 
 
1,269,478
Capital Markets - 0.0%
 
 
 
CITIC Securities Co Ltd H Shares
 
1,000
3,483
Insurance - 0.4%
 
 
 
China Pacific Insurance Group Co Ltd H Shares
 
31,400
122,358
New China Life Insurance Co Ltd H Shares
 
12,300
75,848
People's Insurance Co Group of China Ltd/The H Shares
 
113,000
78,672
Ping An Insurance Group Co of China Ltd H Shares
 
39,000
291,361
 
 
 
568,239
TOTAL FINANCIALS
 
 
1,841,200
Health Care - 0.3%
 
 
 
Biotechnology - 0.2%
 
 
 
3SBio Inc (c)(d)
 
29,000
61,827
Akeso Inc (b)(c)(d)
 
10,000
119,798
Innovent Biologics Inc (b)(c)(d)
 
16,000
176,885
 
 
 
358,510
Pharmaceuticals - 0.1%
 
 
 
Sino Biopharmaceutical Ltd
 
143,000
91,718
TOTAL HEALTH CARE
 
 
450,228
Industrials - 0.3%
 
 
 
Air Freight & Logistics - 0.1%
 
 
 
J&T Global Express Ltd B Shares (b)
 
65,600
84,401
ZTO Express Cayman Inc A Shares
 
4,700
112,477
 
 
 
196,878
Electrical Equipment - 0.1%
 
 
 
Contemporary Amperex Technology Co Ltd H Shares
 
1,300
102,914
Ground Transportation - 0.1%
 
 
 
Full Truck Alliance Co Ltd ADR
 
9,729
92,328
Machinery - 0.0%
 
 
 
Airtac International Group
 
2,000
81,039
Marine Transportation - 0.0%
 
 
 
COSCO SHIPPING Holdings Co Ltd H Shares
 
26,000
52,282
TOTAL INDUSTRIALS
 
 
525,441
Information Technology - 0.3%
 
 
 
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
BYD Electronic International Co Ltd
 
2,000
5,988
IT Services - 0.0%
 
 
 
GDS Holdings Ltd A Shares (b)
 
12,900
52,492
Semiconductors & Semiconductor Equipment - 0.1%
 
 
 
GCL Technology Holdings Ltd (b)
 
344,000
26,757
Hua Hong Grace Semiconductor Ltd (b)(c)(d)
 
8,000
130,878
 
 
 
157,635
Software - 0.1%
 
 
 
Horizon Robotics A Shares (b)
 
132,600
87,415
Kingdee International Software Group Co Ltd (b)
 
40,000
42,487
 
 
 
129,902
Technology Hardware, Storage & Peripherals - 0.1%
 
 
 
Xiaomi Corp B Shares (b)(c)(d)
 
40,800
149,715
TOTAL INFORMATION TECHNOLOGY
 
 
495,732
Materials - 0.2%
 
 
 
Metals & Mining - 0.2%
 
 
 
China Gold International Resources Corp Ltd
 
3,200
71,774
China Hongqiao Group Ltd
 
37,000
115,778
MMG Ltd (b)
 
60,000
64,190
Shandong Gold Mining Co Ltd H Shares (c)(d)
 
2,250
5,784
Zhaojin Mining Industry Co Ltd H Shares
 
24,000
64,878
Zijin Mining Group Co Ltd H Shares
 
2,000
8,477
TOTAL MATERIALS
 
 
330,881
Real Estate - 0.1%
 
 
 
Real Estate Management & Development - 0.1%
 
 
 
China Resources Mixc Lifestyle Services Ltd (c)(d)
 
2,800
14,253
KE Holdings Inc A Shares
 
22,400
125,639
TOTAL REAL ESTATE
 
 
139,892
Utilities - 0.1%
 
 
 
Gas Utilities - 0.0%
 
 
 
China Gas Holdings Ltd
 
200
156
Kunlun Energy Co Ltd
 
44,000
40,620
 
 
 
40,776
Independent Power and Renewable Electricity Producers - 0.1%
 
 
 
China Resources Power Holdings Co Ltd
 
24,000
59,186
Water Utilities - 0.0%
 
 
 
Guangdong Investment Ltd
 
28,000
30,241
TOTAL UTILITIES
 
 
130,203
TOTAL CHINA
 
 
9,062,916
COLOMBIA - 0.1%
 
 
 
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
Grupo Cibest SA
 
2,911
82,504
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Interconexion Electrica SA ESP
 
1,654
15,675
TOTAL COLOMBIA
 
 
98,179
CZECH REPUBLIC - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Banks - 0.0%
 
 
 
Moneta Money Bank AS (c)(d)
 
2,526
23,116
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
CEZ AS
 
643
41,423
TOTAL CZECH REPUBLIC
 
 
64,539
DENMARK - 1.0%
 
 
 
Consumer Discretionary - 0.0%
 
 
 
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
Pandora A/S
 
287
35,952
Consumer Staples - 0.0%
 
 
 
Beverages - 0.0%
 
 
 
Carlsberg AS Series B
 
371
54,729
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
Danske Bank A/S
 
940
54,120
Jyske Bank A/S
 
501
79,611
 
 
 
133,731
Insurance - 0.0%
 
 
 
Tryg A/S
 
3,917
93,483
TOTAL FINANCIALS
 
 
227,214
Health Care - 0.6%
 
 
 
Biotechnology - 0.1%
 
 
 
Genmab A/S (b)
 
698
200,911
Health Care Equipment & Supplies - 0.1%
 
 
 
Coloplast AS Series B
 
1,709
113,016
Pharmaceuticals - 0.4%
 
 
 
Novo Nordisk A/S Series B
 
9,586
453,433
TOTAL HEALTH CARE
 
 
767,360
Industrials - 0.2%
 
 
 
Air Freight & Logistics - 0.0%
 
 
 
DSV A/S
 
311
67,214
Commercial Services & Supplies - 0.0%
 
 
 
ISS A/S
 
846
37,510
Electrical Equipment - 0.2%
 
 
 
NKT A/S (b)
 
596
81,281
Vestas Wind Systems A/S
 
7,302
196,551
 
 
 
277,832
TOTAL INDUSTRIALS
 
 
382,556
Materials - 0.1%
 
 
 
Chemicals - 0.1%
 
 
 
Novonesis Novozymes B Series B
 
1,329
86,522
Utilities - 0.0%
 
 
 
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Orsted AS (b)(c)(d)
 
1,815
40,601
TOTAL DENMARK
 
 
1,594,934
EGYPT - 0.0%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Telecom Egypt Co
 
1,371
2,777
Consumer Staples - 0.0%
 
 
 
Tobacco - 0.0%
 
 
 
Eastern Co SAE
 
3,262
2,321
Financials - 0.0%
 
 
 
Banks - 0.0%
 
 
 
Commercial International Bank - Egypt (CIB)
 
5,546
15,289
Capital Markets - 0.0%
 
 
 
EFG Holding S.A.E.
 
16,775
8,592
Financial Services - 0.0%
 
 
 
Fawry for Banking & Payment Technology Services SAE (b)
 
19,176
7,037
TOTAL FINANCIALS
 
 
30,918
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Talaat Moustafa Group
 
2,740
5,212
TOTAL EGYPT
 
 
41,228
FINLAND - 0.7%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Elisa Oyj A Shares
 
581
23,435
Consumer Staples - 0.0%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Kesko Oyj B Shares
 
1,107
27,547
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Neste Oyj
 
1,667
58,746
Financials - 0.3%
 
 
 
Banks - 0.1%
 
 
 
Nordea Bank Abp (Sweden)
 
7,495
151,361
Insurance - 0.2%
 
 
 
Sampo Oyj A Shares
 
19,716
218,291
TOTAL FINANCIALS
 
 
369,652
Health Care - 0.0%
 
 
 
Pharmaceuticals - 0.0%
 
 
 
Orion Oyj B Shares
 
401
37,502
Industrials - 0.2%
 
 
 
Machinery - 0.2%
 
 
 
Konecranes Oyj A Shares
 
2,442
76,144
Valmet Oyj
 
124
3,735
Wartsila OYJ Abp
 
4,391
148,563
TOTAL INDUSTRIALS
 
 
228,442
Information Technology - 0.1%
 
 
 
Communications Equipment - 0.1%
 
 
 
Nokia Oyj
 
20,688
191,218
Materials - 0.1%
 
 
 
Paper & Forest Products - 0.1%
 
 
 
Stora Enso Oyj R Shares
 
7,092
81,274
UPM-Kymmene Oyj
 
260
7,074
TOTAL MATERIALS
 
 
88,348
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Fortum Oyj
 
1,684
38,304
TOTAL FINLAND
 
 
1,063,194
FRANCE - 4.6%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Orange SA
 
503
9,611
Media - 0.1%
 
 
 
Publicis Groupe SA
 
2,087
222,747
TOTAL COMMUNICATION SERVICES
 
 
232,358
Consumer Discretionary - 0.7%
 
 
 
Automobiles - 0.0%
 
 
 
Renault SA
 
1,962
61,953
Textiles, Apparel & Luxury Goods - 0.7%
 
 
 
Hermes International SCA
 
193
341,972
Kering SA
 
640
211,246
LVMH Moet Hennessy Louis Vuitton SE
 
796
437,112
 
 
 
990,330
TOTAL CONSUMER DISCRETIONARY
 
 
1,052,283
Consumer Staples - 0.4%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Carrefour SA
 
5,299
97,247
Food Products - 0.2%
 
 
 
Danone SA
 
3,758
292,321
Personal Care Products - 0.2%
 
 
 
L'Oreal SA
 
646
287,725
TOTAL CONSUMER STAPLES
 
 
677,293
Energy - 0.5%
 
 
 
Oil, Gas & Consumable Fuels - 0.5%
 
 
 
TotalEnergies SE
 
8,067
710,894
Financials - 0.7%
 
 
 
Banks - 0.4%
 
 
 
BNP Paribas SA
 
2,819
358,207
Credit Agricole SA
 
10,049
224,550
Societe Generale SA Series A
 
1,251
117,589
 
 
 
700,346
Insurance - 0.3%
 
 
 
AXA SA
 
8,737
452,836
TOTAL FINANCIALS
 
 
1,153,182
Health Care - 0.2%
 
 
 
Health Care Equipment & Supplies - 0.2%
 
 
 
EssilorLuxottica SA
 
1,572
297,614
Industrials - 1.4%
 
 
 
Aerospace & Defense - 0.8%
 
 
 
Airbus SE
 
2,912
683,617
Safran SA
 
1,013
398,090
Thales SA
 
28
7,940
 
 
 
1,089,647
Building Products - 0.2%
 
 
 
Cie de Saint-Gobain SA
 
2,988
280,834
Construction & Engineering - 0.4%
 
 
 
Bouygues SA
 
1,677
94,465
Eiffage SA
 
845
120,096
Vinci SA
 
2,606
367,949
 
 
 
582,510
Electrical Equipment - 0.0%
 
 
 
Legrand SA
 
392
59,595
TOTAL INDUSTRIALS
 
 
2,012,586
Information Technology - 0.1%
 
 
 
Software - 0.1%
 
 
 
Dassault Systemes SE
 
5,470
127,260
Materials - 0.3%
 
 
 
Chemicals - 0.3%
 
 
 
Air Liquide SA
 
2,454
483,459
Real Estate - 0.0%
 
 
 
Retail REITs - 0.0%
 
 
 
Unibail-Rodamco-Westfield unit
 
453
55,006
Utilities - 0.2%
 
 
 
Multi-Utilities - 0.2%
 
 
 
Engie SA
 
3,645
113,619
Veolia Environnement SA
 
5,221
207,761
TOTAL UTILITIES
 
 
321,380
TOTAL FRANCE
 
 
7,123,315
GERMANY - 4.5%
 
 
 
Communication Services - 0.3%
 
 
 
Diversified Telecommunication Services - 0.3%
 
 
 
Deutsche Telekom AG
 
11,367
350,797
Interactive Media & Services - 0.0%
 
 
 
Scout24 SE (c)(d)
 
854
73,219
TOTAL COMMUNICATION SERVICES
 
 
424,016
Consumer Discretionary - 0.2%
 
 
 
Automobiles - 0.0%
 
 
 
Mercedes-Benz Group AG
 
718
38,821
Textiles, Apparel & Luxury Goods - 0.2%
 
 
 
Adidas AG
 
1,324
244,971
TOTAL CONSUMER DISCRETIONARY
 
 
283,792
Consumer Staples - 0.0%
 
 
 
Household Products - 0.0%
 
 
 
Henkel AG & Co KGaA
 
186
15,241
Personal Care Products - 0.0%
 
 
 
Beiersdorf AG
 
1,135
105,431
TOTAL CONSUMER STAPLES
 
 
120,672
Financials - 1.1%
 
 
 
Banks - 0.0%
 
 
 
Commerzbank AG
 
1,134
49,260
Capital Markets - 0.3%
 
 
 
Deutsche Bank AG
 
4,113
151,180
Deutsche Boerse AG
 
1,137
342,484
 
 
 
493,664
Insurance - 0.8%
 
 
 
Allianz SE
 
1,236
615,655
Hannover Rueck SE
 
631
182,346
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen
 
687
412,681
 
 
 
1,210,682
TOTAL FINANCIALS
 
 
1,753,606
Health Care - 0.4%
 
 
 
Biotechnology - 0.1%
 
 
 
BioNTech SE ADR (b)
 
1,237
112,047
Health Care Equipment & Supplies - 0.1%
 
 
 
Siemens Healthineers AG (c)(d)
 
3,841
163,567
Health Care Providers & Services - 0.1%
 
 
 
Fresenius SE & Co KGaA
 
3,930
201,992
Pharmaceuticals - 0.1%
 
 
 
Bayer AG
 
1,645
91,291
TOTAL HEALTH CARE
 
 
568,897
Industrials - 1.4%
 
 
 
Aerospace & Defense - 0.2%
 
 
 
MTU Aero Engines AG
 
477
199,009
Rheinmetall AG
 
108
142,771
 
 
 
341,780
Air Freight & Logistics - 0.2%
 
 
 
Deutsche Post AG
 
5,422
362,199
Electrical Equipment - 0.4%
 
 
 
Siemens Energy AG
 
3,357
573,520
Industrial Conglomerates - 0.5%
 
 
 
Siemens AG
 
2,306
755,554
Trading Companies & Distributors - 0.1%
 
 
 
Brenntag SE
 
1,379
97,224
TOTAL INDUSTRIALS
 
 
2,130,277
Information Technology - 0.7%
 
 
 
Semiconductors & Semiconductor Equipment - 0.4%
 
 
 
Infineon Technologies AG
 
7,157
513,612
Software - 0.3%
 
 
 
SAP SE
 
2,741
502,412
TOTAL INFORMATION TECHNOLOGY
 
 
1,016,024
Materials - 0.2%
 
 
 
Chemicals - 0.1%
 
 
 
BASF SE
 
1,767
102,581
Symrise AG
 
517
53,119
 
 
 
155,700
Construction Materials - 0.1%
 
 
 
Heidelberg Materials AG
 
966
179,836
TOTAL MATERIALS
 
 
335,536
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
LEG Immobilien SE
 
891
53,479
Vonovia SE
 
1,803
43,742
TOTAL REAL ESTATE
 
 
97,221
Utilities - 0.2%
 
 
 
Independent Power and Renewable Electricity Producers - 0.2%
 
 
 
RWE AG
 
4,122
271,793
Multi-Utilities - 0.0%
 
 
 
E.ON SE
 
3,826
82,424
TOTAL UTILITIES
 
 
354,217
TOTAL GERMANY
 
 
7,084,258
GREECE - 0.2%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Hellenic Telecommunications Organization SA
 
636
14,683
Consumer Discretionary - 0.0%
 
 
 
Specialty Retail - 0.0%
 
 
 
JUMBO SA
 
878
24,502
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Motor Oil Hellas Corinth Refineries SA
 
235
13,765
Financials - 0.2%
 
 
 
Banks - 0.2%
 
 
 
Alpha Bank SA
 
10,201
50,182
Eurobank SA
 
29,657
152,186
TOTAL FINANCIALS
 
 
202,368
Industrials - 0.0%
 
 
 
Construction & Engineering - 0.0%
 
 
 
GEK TERNA SA
 
775
40,413
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Public Power Corp SA
 
1,130
29,058
TOTAL GREECE
 
 
324,789
GUATEMALA - 0.0%
 
 
 
Communication Services - 0.0%
 
 
 
Wireless Telecommunication Services - 0.0%
 
 
 
Millicom International Cellular SA
 
396
37,810
HONG KONG - 1.1%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
PCCW Ltd
 
53,000
39,738
Consumer Staples - 0.1%
 
 
 
Food Products - 0.1%
 
 
 
WH Group Ltd (c)(d)
 
92,000
99,128
Financials - 0.5%
 
 
 
Capital Markets - 0.3%
 
 
 
Futu Holdings Ltd Class A ADR
 
739
77,684
Hong Kong Exchanges & Clearing Ltd
 
6,800
354,299
 
 
 
431,983
Insurance - 0.2%
 
 
 
AIA Group Ltd
 
31,400
316,540
Prudential PLC
 
2,123
31,906
 
 
 
348,446
TOTAL FINANCIALS
 
 
780,429
Industrials - 0.2%
 
 
 
Ground Transportation - 0.0%
 
 
 
MTR Corp Ltd
 
16,000
67,571
Industrial Conglomerates - 0.0%
 
 
 
Swire Pacific Ltd A Shares
 
500
6,344
Machinery - 0.2%
 
 
 
Techtronic Industries Co Ltd
 
12,000
201,979
TOTAL INDUSTRIALS
 
 
275,894
Information Technology - 0.0%
 
 
 
Semiconductors & Semiconductor Equipment - 0.0%
 
 
 
ASMPT Ltd
 
1,100
21,221
Real Estate - 0.2%
 
 
 
Real Estate Management & Development - 0.1%
 
 
 
Henderson Land Development Co Ltd
 
16,000
57,941
Hongkong Land Holdings Ltd (Singapore)
 
11,400
92,441
Sun Hung Kai Properties Ltd
 
500
7,847
Swire Properties Ltd
 
6,000
18,285
 
 
 
176,514
Retail REITs - 0.1%
 
 
 
Link REIT
 
30,690
153,090
TOTAL REAL ESTATE
 
 
329,604
Utilities - 0.1%
 
 
 
Electric Utilities - 0.1%
 
 
 
CK Infrastructure Holdings Ltd
 
4,000
31,929
Power Assets Holdings Ltd
 
16,000
120,473
TOTAL UTILITIES
 
 
152,402
TOTAL HONG KONG
 
 
1,698,416
HUNGARY - 0.1%
 
 
 
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
MOL Hungarian Oil & Gas PLC Class A (b)
 
1,836
26,287
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
OTP Bank Nyrt
 
954
141,173
Health Care - 0.0%
 
 
 
Pharmaceuticals - 0.0%
 
 
 
Richter Gedeon Nyrt
 
507
18,909
TOTAL HUNGARY
 
 
186,369
INDIA - 2.8%
 
 
 
Communication Services - 0.2%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Indus Towers Ltd (b)
 
16,685
68,434
Wireless Telecommunication Services - 0.2%
 
 
 
Bharti Airtel Ltd
 
9,548
197,307
TOTAL COMMUNICATION SERVICES
 
 
265,741
Consumer Discretionary - 0.3%
 
 
 
Automobile Components - 0.0%
 
 
 
Samvardhana Motherson International Ltd
 
44,801
70,777
Automobiles - 0.0%
 
 
 
Mahindra & Mahindra Ltd
 
189
6,732
Hotels, Restaurants & Leisure - 0.1%
 
 
 
Eternal Ltd (b)
 
52,597
166,731
Specialty Retail - 0.1%
 
 
 
Trent Ltd
 
2,937
92,519
Textiles, Apparel & Luxury Goods - 0.1%
 
 
 
Titan Co Ltd
 
3,794
193,754
TOTAL CONSUMER DISCRETIONARY
 
 
530,513
Consumer Staples - 0.1%
 
 
 
Beverages - 0.0%
 
 
 
Varun Beverages Ltd
 
6,384
29,590
Tobacco - 0.1%
 
 
 
ITC Ltd
 
35,604
104,844
TOTAL CONSUMER STAPLES
 
 
134,434
Energy - 0.3%
 
 
 
Oil, Gas & Consumable Fuels - 0.3%
 
 
 
Bharat Petroleum Corp Ltd
 
24,232
81,004
Indian Oil Corp Ltd
 
12,611
18,491
Oil & Natural Gas Corp Ltd
 
49,461
126,042
Reliance Industries Ltd
 
19,171
262,548
TOTAL ENERGY
 
 
488,085
Financials - 0.9%
 
 
 
Banks - 0.6%
 
 
 
Axis Bank Ltd
 
835
10,754
Federal Bank Ltd
 
20,926
78,692
HDFC Bank Ltd/Gift City
 
31,090
243,555
ICICI Bank Ltd
 
28,332
425,918
IndusInd Bank Ltd
 
4,261
45,200
State Bank of India
 
16,432
176,895
 
 
 
981,014
Consumer Finance - 0.2%
 
 
 
Bajaj Finance Ltd
 
22,462
268,588
Financial Services - 0.1%
 
 
 
Jio Financial Services Ltd
 
36,671
98,575
Power Finance Corp Ltd
 
17,041
75,770
 
 
 
174,345
TOTAL FINANCIALS
 
 
1,423,947
Health Care - 0.1%
 
 
 
Health Care Providers & Services - 0.1%
 
 
 
Apollo Hospitals Enterprise Ltd
 
1,185
111,203
Max Healthcare Institute Ltd
 
8,590
98,893
 
 
 
210,096
Pharmaceuticals - 0.0%
 
 
 
Cipla Ltd/India
 
627
9,679
TOTAL HEALTH CARE
 
 
219,775
Industrials - 0.3%
 
 
 
Aerospace & Defense - 0.2%
 
 
 
Bharat Electronics Ltd
 
40,548
164,847
Hindustan Aeronautics Ltd (d)
 
2,543
123,904
 
 
 
288,751
Electrical Equipment - 0.0%
 
 
 
Suzlon Energy Ltd (b)
 
25,380
12,757
Machinery - 0.1%
 
 
 
Tata Motors Ltd /new
 
27,598
126,278
TOTAL INDUSTRIALS
 
 
427,786
Information Technology - 0.3%
 
 
 
IT Services - 0.3%
 
 
 
Infosys Ltd
 
4,064
48,289
Persistent Systems Ltd
 
560
32,601
Tata Consultancy Services Ltd
 
7,915
196,420
Tech Mahindra Ltd
 
7,397
128,470
TOTAL INFORMATION TECHNOLOGY
 
 
405,780
Materials - 0.2%
 
 
 
Metals & Mining - 0.2%
 
 
 
Hindalco Industries Ltd
 
17,762
182,053
Vedanta Ltd
 
20,640
57,316
TOTAL MATERIALS
 
 
239,369
Utilities - 0.1%
 
 
 
Electric Utilities - 0.1%
 
 
 
Power Grid Corp of India Ltd
 
52,338
155,840
Tata Power Co Ltd/The
 
9,359
37,348
TOTAL UTILITIES
 
 
193,188
TOTAL INDIA
 
 
4,328,618
INDONESIA - 0.2%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Telkom Indonesia Persero Tbk PT
 
19,100
2,788
Media - 0.0%
 
 
 
Elang Mahkota Teknologi Tbk PT
 
399,600
11,747
Wireless Telecommunication Services - 0.0%
 
 
 
Indosat Tbk PT
 
107,300
11,291
XLSMART Telecom Sejahtera Tbk PT
 
53,500
7,245
 
 
 
18,536
TOTAL COMMUNICATION SERVICES
 
 
33,071
Consumer Discretionary - 0.0%
 
 
 
Broadline Retail - 0.0%
 
 
 
GoTo Gojek Tokopedia Tbk PT Class A (b)
 
3,745,600
10,420
Consumer Staples - 0.0%
 
 
 
Food Products - 0.0%
 
 
 
Charoen Pokphand Indonesia Tbk PT
 
84,500
15,474
Indofood CBP Sukses Makmur Tbk PT
 
12,000
4,650
TOTAL CONSUMER STAPLES
 
 
20,124
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Adaro Andalan Indonesia PT
 
32,900
16,944
Alamtri Resources Indonesia Tbk PT
 
51,400
7,027
Bumi Resources Tbk PT (b)
 
2,029,300
18,480
TOTAL ENERGY
 
 
42,451
Financials - 0.2%
 
 
 
Banks - 0.2%
 
 
 
Bank Negara Indonesia Persero Tbk PT
 
152,700
29,900
Bank Rakyat Indonesia Persero Tbk PT
 
794,500
133,617
TOTAL FINANCIALS
 
 
163,517
Health Care - 0.0%
 
 
 
Pharmaceuticals - 0.0%
 
 
 
Kalbe Farma Tbk PT
 
54,400
2,185
Industrials - 0.0%
 
 
 
Industrial Conglomerates - 0.0%
 
 
 
Astra International Tbk PT
 
79,500
22,584
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Barito Pacific Tbk PT
 
260,000
26,451
Metals & Mining - 0.0%
 
 
 
ANTAM Persero Tbk PT
 
33,000
5,259
Bumi Resources Minerals Tbk PT (b)
 
898,900
27,849
 
 
 
33,108
TOTAL MATERIALS
 
 
59,559
Utilities - 0.0%
 
 
 
Gas Utilities - 0.0%
 
 
 
Perusahaan Gas Negara Tbk PT Class B
 
29,000
2,416
TOTAL INDONESIA
 
 
356,327
IRELAND - 0.2%
 
 
 
Consumer Staples - 0.0%
 
 
 
Food Products - 0.0%
 
 
 
Kerry Group PLC Class A
 
619
59,102
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
Bank of Ireland Group PLC
 
8,368
174,561
Industrials - 0.1%
 
 
 
Building Products - 0.1%
 
 
 
Kingspan Group PLC
 
1,255
116,138
TOTAL IRELAND
 
 
349,801
ISRAEL - 0.8%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Bezeq The Israeli Telecommunication Corp Ltd
 
4,548
10,895
Wireless Telecommunication Services - 0.0%
 
 
 
Partner Communications Co Ltd
 
1,408
17,376
TOTAL COMMUNICATION SERVICES
 
 
28,271
Consumer Discretionary - 0.0%
 
 
 
Broadline Retail - 0.0%
 
 
 
Global-e Online Ltd (b)
 
34
1,336
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Fattal Holdings 1998 Ltd (b)
 
82
18,187
TOTAL CONSUMER DISCRETIONARY
 
 
19,523
Consumer Staples - 0.0%
 
 
 
Food Products - 0.0%
 
 
 
Strauss Group Ltd
 
514
19,474
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Paz Retail And Energy Ltd
 
76
21,459
Financials - 0.3%
 
 
 
Banks - 0.2%
 
 
 
Bank Hapoalim BM
 
9,398
228,547
Bank Leumi Le-Israel BM
 
1,109
26,266
First International Bank of Israel Ltd
 
504
38,981
 
 
 
293,794
Insurance - 0.1%
 
 
 
Harel Insurance Investments & Financial Services Ltd
 
1,339
76,971
Phoenix Financial Ltd
 
2,586
145,523
 
 
 
222,494
TOTAL FINANCIALS
 
 
516,288
Health Care - 0.1%
 
 
 
Pharmaceuticals - 0.1%
 
 
 
Teva Pharmaceutical Industries Ltd ADR (b)
 
4,492
157,265
Industrials - 0.1%
 
 
 
Aerospace & Defense - 0.0%
 
 
 
Bet Shemesh Engines Holdings 1997 Ltd (b)
 
66
17,944
Elbit Systems Ltd
 
3
2,416
 
 
 
20,360
Construction & Engineering - 0.1%
 
 
 
Electra Ltd/Israel
 
482
18,765
Shapir Engineering and Industry Ltd
 
1,552
23,251
Shikun & Binui Ltd (b)
 
3,499
20,034
 
 
 
62,050
Marine Transportation - 0.0%
 
 
 
ZIM Integrated Shipping Services Ltd
 
1,356
34,158
Passenger Airlines - 0.0%
 
 
 
El Al Israel Airlines
 
3,680
16,362
TOTAL INDUSTRIALS
 
 
132,930
Information Technology - 0.1%
 
 
 
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
Next Vision Stabilized Systems Ltd
 
718
55,791
Semiconductors & Semiconductor Equipment - 0.1%
 
 
 
Camtek Ltd/Israel (Israel) (b)
 
69
9,619
Nova Ltd (Israel) (b)
 
342
137,113
 
 
 
146,732
TOTAL INFORMATION TECHNOLOGY
 
 
202,523
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
ICL Group Ltd
 
880
4,505
Israel Corp Ltd Class A1
 
430
11,272
TOTAL MATERIALS
 
 
15,777
Real Estate - 0.1%
 
 
 
Real Estate Management & Development - 0.1%
 
 
 
Alony Hetz Properties & Investments Ltd
 
1,259
13,103
Big Shopping Centers Ltd
 
192
43,212
Melisron Ltd
 
285
37,465
TOTAL REAL ESTATE
 
 
93,780
Utilities - 0.1%
 
 
 
Independent Power and Renewable Electricity Producers - 0.1%
 
 
 
Energix-Renewable Energies Ltd
 
3,106
22,560
OPC Energy Ltd (b)
 
1,959
61,484
TOTAL UTILITIES
 
 
84,044
TOTAL ISRAEL
 
 
1,291,334
ITALY - 1.9%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Infrastrutture Wireless Italiane SpA (c)(d)
 
9,854
73,008
Consumer Discretionary - 0.1%
 
 
 
Automobiles - 0.0%
 
 
 
Ferrari NV (Italy)
 
184
72,162
Hotels, Restaurants & Leisure - 0.1%
 
 
 
Lottomatica Group Spa
 
3,394
91,896
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
Brunello Cucinelli SpA
 
56
5,678
TOTAL CONSUMER DISCRETIONARY
 
 
169,736
Consumer Staples - 0.0%
 
 
 
Beverages - 0.0%
 
 
 
Davide Campari-Milano NV
 
2,099
14,271
Energy - 0.1%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
Saipem SpA
 
10,644
51,404
Oil, Gas & Consumable Fuels - 0.1%
 
 
 
Eni SpA
 
3,418
95,077
TOTAL ENERGY
 
 
146,481
Financials - 1.2%
 
 
 
Banks - 1.0%
 
 
 
Banco BPM SpA
 
12,920
235,027
BPER Banca SPA
 
13,341
216,455
Intesa Sanpaolo SpA
 
75,519
570,873
UniCredit SpA
 
4,482
422,706
 
 
 
1,445,061
Financial Services - 0.1%
 
 
 
Banca Mediolanum SpA
 
776
20,734
Poste Italiane SpA
 
5,298
160,127
 
 
 
180,861
Insurance - 0.1%
 
 
 
Generali
 
1,594
80,782
TOTAL FINANCIALS
 
 
1,706,704
Health Care - 0.0%
 
 
 
Pharmaceuticals - 0.0%
 
 
 
Recordati Industria Chimica e Farmaceutica SpA
 
406
24,181
Industrials - 0.2%
 
 
 
Aerospace & Defense - 0.2%
 
 
 
Leonardo SpA
 
3,439
218,588
Electrical Equipment - 0.0%
 
 
 
Prysmian SpA
 
315
43,468
Machinery - 0.0%
 
 
 
Interpump Group SpA
 
1,075
43,065
TOTAL INDUSTRIALS
 
 
305,121
Utilities - 0.3%
 
 
 
Electric Utilities - 0.3%
 
 
 
Enel SpA
 
20,770
234,564
Terna - Rete Elettrica Nazionale
 
14,212
163,427
 
 
 
397,991
Gas Utilities - 0.0%
 
 
 
Italgas SpA
 
7,152
73,781
Multi-Utilities - 0.0%
 
 
 
Hera SpA
 
8,183
35,782
TOTAL UTILITIES
 
 
507,554
TOTAL ITALY
 
 
2,947,056
JAPAN - 15.8%
 
 
 
Communication Services - 0.9%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
NTT Inc
 
12,100
11,598
Entertainment - 0.4%
 
 
 
Konami Group Corp
 
1,300
167,465
Nexon Co Ltd
 
5,500
86,199
Nintendo Co Ltd
 
6,600
314,834
 
 
 
568,498
Interactive Media & Services - 0.1%
 
 
 
LY Corp
 
33,400
93,061
Media - 0.0%
 
 
 
Dentsu Group Inc (b)
 
2,300
51,034
Wireless Telecommunication Services - 0.4%
 
 
 
KDDI Corp
 
4,800
88,434
SoftBank Corp
 
196,700
276,084
SoftBank Group Corp
 
10,800
336,393
 
 
 
700,911
TOTAL COMMUNICATION SERVICES
 
 
1,425,102
Consumer Discretionary - 2.5%
 
 
 
Automobile Components - 0.4%
 
 
 
Aisin Corp
 
7,100
97,886
Denso Corp
 
16,400
201,374
Sumitomo Electric Industries Ltd
 
19,600
259,408
 
 
 
558,668
Automobiles - 0.9%
 
 
 
Honda Motor Co Ltd
 
28,300
285,253
Isuzu Motors Ltd
 
6,800
101,453
Nissan Motor Co Ltd (b)
 
31,800
67,139
Subaru Corp
 
7,100
120,859
Toyota Motor Corp
 
40,900
774,020
 
 
 
1,348,724
Broadline Retail - 0.2%
 
 
 
Isetan Mitsukoshi Holdings Ltd
 
4,300
95,973
J Front Retailing Co Ltd
 
100
1,861
Pan Pacific International Holdings Corp
 
28,200
157,988
Rakuten Group Inc (b)
 
19,200
100,112
 
 
 
355,934
Hotels, Restaurants & Leisure - 0.2%
 
 
 
McDonald's Holdings Co Japan Ltd
 
1,200
60,575
Oriental Land Co Ltd/Japan
 
11,000
219,556
 
 
 
280,131
Household Durables - 0.6%
 
 
 
Panasonic Holdings Corp
 
3,700
97,837
Sekisui House Ltd
 
7,400
162,003
Sony Group Corp
 
28,900
675,361
Sumitomo Forestry Co Ltd
 
8,200
69,162
 
 
 
1,004,363
Specialty Retail - 0.2%
 
 
 
Fast Retailing Co Ltd
 
600
293,802
Nitori Holdings Co Ltd
 
5,600
90,344
 
 
 
384,146
TOTAL CONSUMER DISCRETIONARY
 
 
3,931,966
Consumer Staples - 0.7%
 
 
 
Beverages - 0.1%
 
 
 
Asahi Group Holdings Ltd
 
15,800
164,892
Consumer Staples Distribution & Retail - 0.1%
 
 
 
Aeon Co Ltd
 
18,700
160,441
Seven & i Holdings Co Ltd
 
1,400
18,564
Tsuruha Holdings Inc
 
2,600
39,691
 
 
 
218,696
Food Products - 0.4%
 
 
 
Ajinomoto Co Inc
 
6,900
212,785
Kikkoman Corp
 
11,200
115,348
MEIJI Holdings Co Ltd
 
3,100
73,728
NH Foods Ltd
 
1,100
43,200
Yakult Honsha Co Ltd
 
3,400
60,172
Yamazaki Baking Co Ltd
 
900
19,020
 
 
 
524,253
Household Products - 0.1%
 
 
 
Unicharm Corp
 
15,000
95,144
Tobacco - 0.0%
 
 
 
Japan Tobacco Inc
 
1,400
62,422
TOTAL CONSUMER STAPLES
 
 
1,065,407
Energy - 0.1%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
Modec Inc
 
500
32,292
Oil, Gas & Consumable Fuels - 0.1%
 
 
 
ENEOS Holdings Inc
 
20,700
170,952
Inpex Corp
 
100
2,305
Iwatani Corp
 
1,600
20,366
 
 
 
193,623
TOTAL ENERGY
 
 
225,915
Financials - 2.9%
 
 
 
Banks - 1.8%
 
 
 
Fukuoka Financial Group Inc
 
2,300
105,134
Iyogin Holdings Inc
 
3,500
78,748
Japan Post Bank Co Ltd
 
1,000
19,335
Kyoto Financial Group Inc
 
3,600
99,230
Mitsubishi UFJ Financial Group Inc
 
40,100
895,695
Mizuho Financial Group Inc
 
7,000
362,909
Resona Holdings Inc
 
17,600
238,670
Sumitomo Mitsui Financial Group Inc
 
17,700
760,550
Sumitomo Mitsui Trust Group Inc
 
23,200
238,558
 
 
 
2,798,829
Capital Markets - 0.2%
 
 
 
Japan Exchange Group Inc
 
12,100
164,598
SBI Holdings Inc
 
6,400
120,821
 
 
 
285,419
Financial Services - 0.1%
 
 
 
Mitsubishi HC Capital Inc
 
11,600
106,804
ORIX Corp
 
1,100
44,395
Sony Financial Group Inc
 
35,500
34,416
 
 
 
185,615
Insurance - 0.8%
 
 
 
Daiichi Life Group Inc
 
24,800
299,023
MS&AD Insurance Group Holdings Inc
 
8,500
261,660
Sompo Holdings Inc
 
1,100
48,836
T&D Holdings Inc
 
5,700
179,640
Tokio Marine Holdings Inc
 
9,700
494,375
 
 
 
1,283,534
TOTAL FINANCIALS
 
 
4,553,397
Health Care - 0.8%
 
 
 
Health Care Equipment & Supplies - 0.3%
 
 
 
Asahi Intecc Co Ltd
 
3,000
67,683
Hoya Corp
 
1,900
290,543
Sysmex Corp
 
5,600
56,546
 
 
 
414,772
Pharmaceuticals - 0.5%
 
 
 
Astellas Pharma Inc
 
13,400
184,046
Chugai Pharmaceutical Co Ltd
 
4,400
190,922
Daiichi Sankyo Co Ltd
 
1,700
27,475
Eisai Co Ltd
 
3,600
108,226
Otsuka Holdings Co Ltd
 
600
41,604
Shionogi & Co Ltd
 
7,900
142,842
Takeda Pharmaceutical Co Ltd
 
3,400
116,741
 
 
 
811,856
TOTAL HEALTH CARE
 
 
1,226,628
Industrials - 3.9%
 
 
 
Building Products - 0.3%
 
 
 
AGC Inc
 
2,500
94,283
Daikin Industries Ltd
 
1,900
275,224
Nitto Boseki Co Ltd
 
2,000
34,350
Sanwa Holdings Corp
 
2,600
55,734
TOTO Ltd
 
1,700
73,779
 
 
 
533,370
Construction & Engineering - 0.2%
 
 
 
Kandenko Co Ltd
 
1,400
46,566
Kinden Corp
 
1,300
57,211
Obayashi Corp
 
6,400
125,788
Taisei Corp
 
1,600
129,604
 
 
 
359,169
Electrical Equipment - 0.5%
 
 
 
Fuji Electric Co Ltd
 
1,700
148,357
Fujikura Ltd
 
9,900
251,226
Mitsubishi Electric Corp
 
11,100
399,857
 
 
 
799,440
Ground Transportation - 0.2%
 
 
 
Central Japan Railway Co
 
7,400
184,148
Hankyu Hanshin Holdings Inc
 
2,800
82,846
 
 
 
266,994
Industrial Conglomerates - 0.4%
 
 
 
Hitachi Ltd
 
20,900
684,905
Machinery - 1.0%
 
 
 
Daifuku Co Ltd
 
4,200
154,712
Ebara Corp
 
4,800
162,948
FANUC Corp
 
500
20,148
IHI Corp
 
8,900
155,616
Komatsu Ltd
 
800
34,712
Kubota Corp
 
9,900
167,959
Makita Corp
 
3,200
103,073
MINEBEA MITSUMI Inc
 
4,600
104,761
Mitsubishi Heavy Industries Ltd
 
16,500
385,480
NGK Corp
 
2,800
95,800
Yaskawa Electric Corp
 
3,000
89,333
 
 
 
1,474,542
Marine Transportation - 0.1%
 
 
 
Mitsui OSK Lines Ltd
 
3,800
140,379
Professional Services - 0.2%
 
 
 
Recruit Holdings Co Ltd
 
3,300
260,967
Trading Companies & Distributors - 1.0%
 
 
 
ITOCHU Corp
 
18,400
230,913
Marubeni Corp
 
9,100
294,118
Mitsubishi Corp
 
10,900
325,831
Mitsui & Co Ltd
 
8,000
245,474
Sojitz Corp
 
2,400
80,185
Sumitomo Corp
 
6,700
69,546
Toyota Tsusho Corp
 
5,200
215,828
 
 
 
1,461,895
TOTAL INDUSTRIALS
 
 
5,981,661
Information Technology - 2.5%
 
 
 
Electronic Equipment, Instruments & Components - 0.6%
 
 
 
Horiba Ltd
 
500
78,476
Keyence Corp
 
400
200,635
Meiko Electronics Co Ltd
 
200
25,121
Murata Manufacturing Co Ltd
 
11,400
519,434
Omron Corp
 
2,100
70,223
 
 
 
893,889
IT Services - 0.4%
 
 
 
Fujitsu Ltd
 
11,600
267,372
Nomura Research Institute Ltd
 
5,100
150,876
Obic Co Ltd
 
3,800
108,998
Otsuka Corp
 
2,800
57,776
 
 
 
585,022
Semiconductors & Semiconductor Equipment - 1.4%
 
 
 
Advantest Corp
 
3,500
691,537
Kioxia Holdings Corp (b)
 
1,500
418,105
Lasertec Corp
 
800
183,786
Renesas Electronics Corp
 
14,000
280,613
Rohm Co Ltd
 
3,900
103,414
Tokyo Electron Ltd
 
1,300
434,638
 
 
 
2,112,093
Technology Hardware, Storage & Peripherals - 0.1%
 
 
 
FUJIFILM Holdings Corp
 
10,000
235,397
Seiko Epson Corp
 
3,600
65,941
 
 
 
301,338
TOTAL INFORMATION TECHNOLOGY
 
 
3,892,342
Materials - 0.8%
 
 
 
Chemicals - 0.4%
 
 
 
Asahi Kasei Corp
 
15,200
162,259
Mitsubishi Chemical Group Corp
 
15,800
116,270
Nissan Chemical Corp
 
1,500
69,724
Shin-Etsu Chemical Co Ltd
 
4,500
160,426
Tokyo Ohka Kogyo Co Ltd
 
1,400
75,821
 
 
 
584,500
Metals & Mining - 0.4%
 
 
 
JFE Holdings Inc
 
7,500
85,096
JX Advanced Metals Corp
 
6,300
145,960
Kobe Steel Ltd
 
4,500
58,245
Mitsui Kinzoku Co Ltd
 
700
131,791
Nippon Steel Corp
 
47,200
192,284
 
 
 
613,376
TOTAL MATERIALS
 
 
1,197,876
Real Estate - 0.5%
 
 
 
Diversified REITs - 0.0%
 
 
 
Nomura Real Estate Master Fund Inc
 
50
47,822
United Urban Investment Corp
 
13
13,285
 
 
 
61,107
Industrial REITs - 0.0%
 
 
 
GLP J-REIT
 
56
50,890
Office REITs - 0.1%
 
 
 
Japan Real Estate Investment Corp
 
83
63,515
Nippon Building Fund Inc
 
100
84,351
 
 
 
147,866
Real Estate Management & Development - 0.4%
 
 
 
Daiwa House Industry Co Ltd
 
5,600
164,453
Mitsubishi Estate Co Ltd
 
900
21,849
Mitsui Fudosan Co Ltd
 
19,900
193,855
Nomura Real Estate Holdings Inc
 
6,600
37,927
Tokyu Fudosan Holdings Corp
 
6,900
57,349
 
 
 
475,433
TOTAL REAL ESTATE
 
 
735,296
Utilities - 0.2%
 
 
 
Electric Utilities - 0.1%
 
 
 
Chubu Electric Power Co Inc
 
7,700
133,326
Gas Utilities - 0.1%
 
 
 
Osaka Gas Co Ltd
 
3,400
116,650
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Electric Power Development Co Ltd
 
400
9,463
TOTAL UTILITIES
 
 
259,439
TOTAL JAPAN
 
 
24,495,029
KOREA (SOUTH) - 5.8%
 
 
 
Communication Services - 0.1%
 
 
 
Entertainment - 0.0%
 
 
 
Krafton Inc
 
362
60,445
NC Corp
 
186
29,879
Pearl Abyss Corp (b)
 
25
581
 
 
 
90,905
Interactive Media & Services - 0.1%
 
 
 
Kakao Corp
 
3,736
95,129
TOTAL COMMUNICATION SERVICES
 
 
186,034
Consumer Discretionary - 0.2%
 
 
 
Automobiles - 0.1%
 
 
 
Hyundai Motor Co
 
134
35,079
Kia Corp
 
1,877
167,207
 
 
 
202,286
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Kangwon Land Inc
 
1,431
14,503
Household Durables - 0.1%
 
 
 
Coway Co Ltd
 
601
37,620
LG Electronics Inc
 
1,205
131,966
 
 
 
169,586
TOTAL CONSUMER DISCRETIONARY
 
 
386,375
Consumer Staples - 0.1%
 
 
 
Personal Care Products - 0.1%
 
 
 
Amorepacific Corp
 
385
34,302
APR Corp/Korea
 
266
58,328
LG H&H Co Ltd
 
84
16,583
TOTAL CONSUMER STAPLES
 
 
109,213
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
SK Innovation Co Ltd (b)
 
822
62,210
Financials - 0.4%
 
 
 
Banks - 0.2%
 
 
 
KakaoBank Corp
 
2,862
43,372
KB Financial Group Inc
 
166
19,196
Shinhan Financial Group Co Ltd
 
3,109
213,244
 
 
 
275,812
Capital Markets - 0.0%
 
 
 
KIWOOM Securities Co Ltd
 
61
12,034
Korea Investment Holdings Co Ltd
 
362
50,494
 
 
 
62,528
Insurance - 0.2%
 
 
 
Samsung Fire & Marine Insurance Co Ltd
 
341
145,820
Samsung Life Insurance Co Ltd
 
1,009
208,976
 
 
 
354,796
TOTAL FINANCIALS
 
 
693,136
Health Care - 0.2%
 
 
 
Life Sciences Tools & Services - 0.2%
 
 
 
Peptron Inc (b)
 
324
28,381
Samsung Biologics Co Ltd (b)(c)(d)
 
151
153,496
 
 
 
181,877
Pharmaceuticals - 0.0%
 
 
 
Sam Chun Dang Pharm Co Ltd
 
227
23,129
Yuhan Corp
 
789
39,807
 
 
 
62,936
TOTAL HEALTH CARE
 
 
244,813
Industrials - 0.7%
 
 
 
Aerospace & Defense - 0.0%
 
 
 
Hanwha Aerospace Co Ltd
 
14
8,880
Korea Aerospace Industries Ltd
 
471
41,434
 
 
 
50,314
Air Freight & Logistics - 0.0%
 
 
 
Hyundai Glovis Co Ltd
 
82
11,110
Electrical Equipment - 0.1%
 
 
 
Doosan Enerbility Co Ltd (b)
 
204
9,237
Ecopro BM Co Ltd
 
213
15,033
Ecopro Co Ltd
 
640
34,616
Hyosung Heavy Industries Corp
 
45
72,261
 
 
 
131,147
Industrial Conglomerates - 0.5%
 
 
 
Samsung C&T Corp
 
752
173,092
SK Inc
 
348
128,456
SK Square Co Ltd
 
611
415,105
 
 
 
716,653
Machinery - 0.1%
 
 
 
HD Korea Shipbuilding & Offshore Engineering Co Ltd
 
378
99,181
Samsung Heavy Industries Co Ltd (b)
 
6,020
88,435
 
 
 
187,616
TOTAL INDUSTRIALS
 
 
1,096,840
Information Technology - 4.0%
 
 
 
Electronic Equipment, Instruments & Components - 0.2%
 
 
 
IsuPetasys Co Ltd
 
970
48,120
LG Display Co Ltd (b)
 
7,990
49,667
Samsung SDI Co Ltd (b)
 
681
183,474
 
 
 
281,261
Semiconductors & Semiconductor Equipment - 1.7%
 
 
 
Hanmi Semiconductor Co Ltd
 
678
96,839
LEENO Industrial Inc
 
1,096
47,595
SK Hynix Inc
 
2,250
2,524,652
 
 
 
2,669,086
Technology Hardware, Storage & Peripherals - 2.1%
 
 
 
Samsung Electronics Co Ltd
 
18,122
3,116,482
TOTAL INFORMATION TECHNOLOGY
 
 
6,066,829
Materials - 0.1%
 
 
 
Chemicals - 0.0%
 
 
 
Dongjin Semichem Co Ltd
 
340
8,962
Hanwha Solutions Corp (b)
 
1,651
28,713
OCI Holdings Co Ltd
 
179
23,318
 
 
 
60,993
Metals & Mining - 0.1%
 
 
 
Korea Zinc Co Ltd
 
140
94,319
TOTAL MATERIALS
 
 
155,312
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Korea Electric Power Corp
 
936
22,223
TOTAL KOREA (SOUTH)
 
 
9,022,985
KUWAIT - 0.2%
 
 
 
Communication Services - 0.0%
 
 
 
Wireless Telecommunication Services - 0.0%
 
 
 
Mobile Telecommunications Co KSCP
 
9,422
18,180
Financials - 0.2%
 
 
 
Banks - 0.2%
 
 
 
Al Ahli Bank of Kuwait KSCP
 
23,845
20,654
Gulf Bank KSCP
 
32,633
37,126
Kuwait Finance House KSCP
 
9,146
23,205
National Bank of Kuwait SAKP
 
71,096
197,158
TOTAL FINANCIALS
 
 
278,143
Industrials - 0.0%
 
 
 
Industrial Conglomerates - 0.0%
 
 
 
National Industries Group Holding SAK
 
6,949
5,098
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Mabanee Co KPSC
 
1,794
5,381
TOTAL KUWAIT
 
 
306,802
LUXEMBOURG - 0.1%
 
 
 
Communication Services - 0.0%
 
 
 
Media - 0.0%
 
 
 
SES SA Series A depository receipt
 
1,266
8,401
Health Care - 0.0%
 
 
 
Life Sciences Tools & Services - 0.0%
 
 
 
Eurofins Scientific SE
 
423
33,247
Materials - 0.1%
 
 
 
Metals & Mining - 0.1%
 
 
 
APERAM SA
 
492
25,792
ArcelorMittal SA
 
1,365
95,608
TOTAL MATERIALS
 
 
121,400
TOTAL LUXEMBOURG
 
 
163,048
MACAU - 0.0%
 
 
 
Consumer Discretionary - 0.0%
 
 
 
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Sands China Ltd
 
24,000
45,047
MALAYSIA - 0.4%
 
 
 
Communication Services - 0.0%
 
 
 
Wireless Telecommunication Services - 0.0%
 
 
 
CELCOMDIGI BHD
 
39,500
28,820
Maxis Bhd
 
22,300
20,194
TOTAL COMMUNICATION SERVICES
 
 
49,014
Consumer Discretionary - 0.0%
 
 
 
Specialty Retail - 0.0%
 
 
 
MR DIY Group M Bhd (c)(d)
 
46,200
17,854
Consumer Staples - 0.1%
 
 
 
Food Products - 0.1%
 
 
 
Kuala Lumpur Kepong Bhd
 
7,600
39,132
Nestle Malaysia Bhd
 
700
17,326
United Plantations BHD
 
3,100
25,616
TOTAL CONSUMER STAPLES
 
 
82,074
Energy - 0.0%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
Yinson Holdings BHD
 
29,400
14,020
Financials - 0.3%
 
 
 
Banks - 0.3%
 
 
 
AMMB Holdings Bhd
 
32,800
54,324
Hong Leong Financial Group Bhd
 
1,100
4,985
Public Bank Bhd
 
143,700
181,670
RHB Bank Bhd
 
22,500
47,060
TOTAL FINANCIALS
 
 
288,039
Health Care - 0.0%
 
 
 
Health Care Providers & Services - 0.0%
 
 
 
IHH Healthcare Bhd
 
3,200
6,542
Kpj Healthcare Bhd
 
28,200
21,401
TOTAL HEALTH CARE
 
 
27,943
Industrials - 0.0%
 
 
 
Industrial Conglomerates - 0.0%
 
 
 
Sime Darby Bhd
 
43,600
23,026
Sunway Bhd
 
33,300
42,966
 
 
 
65,992
Transportation Infrastructure - 0.0%
 
 
 
Westports Holdings Bhd
 
628
1,094
TOTAL INDUSTRIALS
 
 
67,086
Information Technology - 0.0%
 
 
 
Semiconductors & Semiconductor Equipment - 0.0%
 
 
 
Inari Amertron Bhd
 
9,100
4,928
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Petronas Chemicals Group Bhd
 
37,000
43,396
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
IOI Properties Group Bhd
 
16,400
15,208
Utilities - 0.0%
 
 
 
Gas Utilities - 0.0%
 
 
 
Petronas Gas Bhd
 
10,600
45,497
Multi-Utilities - 0.0%
 
 
 
YTL Power International Bhd
 
27,700
28,303
TOTAL UTILITIES
 
 
73,800
TOTAL MALAYSIA
 
 
683,362
MEXICO - 0.6%
 
 
 
Communication Services - 0.1%
 
 
 
Wireless Telecommunication Services - 0.1%
 
 
 
America Movil SAB de CV Series B
 
71,000
90,474
Consumer Staples - 0.1%
 
 
 
Beverages - 0.0%
 
 
 
Coca-Cola Femsa SAB de CV unit
 
6,600
71,360
Consumer Staples Distribution & Retail - 0.1%
 
 
 
Wal-Mart de Mexico SAB de CV Series V
 
50,900
147,679
Food Products - 0.0%
 
 
 
Sigma Foods SAB de CV
 
13,900
14,173
TOTAL CONSUMER STAPLES
 
 
233,212
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
Banco del Bajio SA (c)(d)
 
9,400
31,321
Grupo Financiero Banorte SAB de CV
 
4,000
46,325
Grupo Financiero Inbursa SAB de CV Series O
 
21,600
55,486
 
 
 
133,132
Insurance - 0.0%
 
 
 
Qualitas Controladora SAB de CV
 
2,100
19,196
TOTAL FINANCIALS
 
 
152,328
Industrials - 0.1%
 
 
 
Transportation Infrastructure - 0.1%
 
 
 
Grupo Aeroportuario del Centro Norte SAB de CV Series B
 
2,800
37,399
Grupo Aeroportuario del Sureste SAB de CV Series B
 
2,075
57,463
TOTAL INDUSTRIALS
 
 
94,862
Materials - 0.2%
 
 
 
Construction Materials - 0.1%
 
 
 
Cemex SAB de CV unit
 
143,900
170,409
Metals & Mining - 0.1%
 
 
 
Fresnillo PLC
 
2,289
76,354
Grupo Mexico SAB de CV Series B
 
2,600
31,182
Industrias Penoles SAB de CV
 
680
31,304
 
 
 
138,840
TOTAL MATERIALS
 
 
309,249
Real Estate - 0.0%
 
 
 
Diversified REITs - 0.0%
 
 
 
Fibra Uno Administracion SA de CV
 
28,300
50,964
TOTAL MEXICO
 
 
931,089
NETHERLANDS - 2.7%
 
 
 
Communication Services - 0.1%
 
 
 
Entertainment - 0.1%
 
 
 
Universal Music Group NV
 
7,186
118,566
Consumer Staples - 0.2%
 
 
 
Beverages - 0.2%
 
 
 
Heineken Holding NV Class A
 
424
35,668
Heineken NV
 
2,353
213,042
 
 
 
248,710
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Koninklijke Ahold Delhaize NV
 
709
28,092
TOTAL CONSUMER STAPLES
 
 
276,802
Financials - 0.5%
 
 
 
Banks - 0.3%
 
 
 
ABN AMRO Bank NV depository receipt (d)
 
5,256
236,377
ING Groep NV
 
6,659
234,008
 
 
 
470,385
Financial Services - 0.1%
 
 
 
Adyen NV (b)(c)(d)
 
222
225,822
Insurance - 0.1%
 
 
 
ASR Nederland NV
 
1,193
97,510
TOTAL FINANCIALS
 
 
793,717
Health Care - 0.1%
 
 
 
Biotechnology - 0.1%
 
 
 
Argenx SE (b)
 
103
88,219
Health Care Equipment & Supplies - 0.0%
 
 
 
Koninklijke Philips NV
 
2,969
78,227
TOTAL HEALTH CARE
 
 
166,446
Industrials - 0.1%
 
 
 
Professional Services - 0.1%
 
 
 
Wolters Kluwer NV
 
2,227
174,839
Information Technology - 1.7%
 
 
 
Semiconductors & Semiconductor Equipment - 1.7%
 
 
 
ASM International NV
 
303
279,943
ASML Holding NV
 
1,416
2,333,491
BE Semiconductor Industries NV
 
269
61,496
TOTAL INFORMATION TECHNOLOGY
 
 
2,674,930
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Akzo Nobel NV
 
660
46,228
TOTAL NETHERLANDS
 
 
4,251,528
NEW ZEALAND - 0.1%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Chorus Ltd (Australia)
 
2,992
16,516
Consumer Staples - 0.0%
 
 
 
Food Products - 0.0%
 
 
 
a2 Milk Co Ltd/The (Australia)
 
2,610
12,607
Financials - 0.0%
 
 
 
Financial Services - 0.0%
 
 
 
Infratil Ltd
 
3,641
31,607
Health Care - 0.0%
 
 
 
Health Care Equipment & Supplies - 0.0%
 
 
 
Fisher & Paykel Healthcare Corp Ltd
 
1,329
31,785
Industrials - 0.0%
 
 
 
Building Products - 0.0%
 
 
 
Fletcher Building Ltd (b)
 
12,561
26,935
Transportation Infrastructure - 0.0%
 
 
 
Auckland International Airport Ltd
 
3,236
16,592
TOTAL INDUSTRIALS
 
 
43,527
Information Technology - 0.0%
 
 
 
Software - 0.0%
 
 
 
Xero Ltd (b)
 
614
30,654
Utilities - 0.1%
 
 
 
Independent Power and Renewable Electricity Producers - 0.1%
 
 
 
Meridian Energy Ltd
 
15,002
50,306
TOTAL NEW ZEALAND
 
 
217,002
NORWAY - 0.4%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Telenor ASA
 
352
4,969
Interactive Media & Services - 0.0%
 
 
 
Vend Marketplaces ASA B Shares
 
2,095
52,831
TOTAL COMMUNICATION SERVICES
 
 
57,800
Consumer Discretionary - 0.0%
 
 
 
Broadline Retail - 0.0%
 
 
 
Europris ASA (c)(d)
 
429
3,861
Consumer Staples - 0.1%
 
 
 
Food Products - 0.1%
 
 
 
Orkla ASA
 
7,452
82,776
Energy - 0.1%
 
 
 
Oil, Gas & Consumable Fuels - 0.1%
 
 
 
Aker BP ASA
 
3,511
123,918
Equinor ASA
 
785
32,225
Var Energi ASA
 
10,888
54,225
TOTAL ENERGY
 
 
210,368
Financials - 0.1%
 
 
 
Banks - 0.0%
 
 
 
DNB Bank ASA
 
546
17,571
SpareBank 1 SMN
 
1,383
28,648
SpareBank 1 Sor-Norge ASA
 
2,357
52,723
 
 
 
98,942
Insurance - 0.1%
 
 
 
Storebrand ASA A Shares
 
5,059
107,506
TOTAL FINANCIALS
 
 
206,448
Industrials - 0.1%
 
 
 
Aerospace & Defense - 0.0%
 
 
 
Kongsberg Gruppen ASA
 
511
15,970
Industrial Conglomerates - 0.1%
 
 
 
Aker ASA A Shares
 
271
36,429
Machinery - 0.0%
 
 
 
TOMRA Systems ASA
 
2,520
27,866
TOTAL INDUSTRIALS
 
 
80,265
Information Technology - 0.0%
 
 
 
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
Kitron ASA
 
1,682
15,422
TOTAL NORWAY
 
 
656,940
PERU - 0.1%
 
 
 
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
Credicorp Ltd
 
259
103,750
Materials - 0.0%
 
 
 
Metals & Mining - 0.0%
 
 
 
Cia de Minas Buenaventura SAA ADR
 
553
16,745
TOTAL PERU
 
 
120,495
PHILIPPINES - 0.1%
 
 
 
Communication Services - 0.0%
 
 
 
Wireless Telecommunication Services - 0.0%
 
 
 
PLDT Inc
 
250
4,970
Consumer Discretionary - 0.0%
 
 
 
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Jollibee Foods Corp
 
1,740
4,225
Consumer Staples - 0.0%
 
 
 
Food Products - 0.0%
 
 
 
Universal Robina Corp
 
2,980
2,873
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
Bank of the Philippine Islands
 
23,510
39,271
Industrials - 0.0%
 
 
 
Industrial Conglomerates - 0.0%
 
 
 
Ayala Corp
 
2,820
23,555
JG Summit Holdings Inc
 
14,000
5,069
TOTAL INDUSTRIALS
 
 
28,624
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Ayala Land Inc
 
56,500
15,562
SM Prime Holdings Inc
 
19,300
5,769
TOTAL REAL ESTATE
 
 
21,331
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Manila Electric Co
 
840
6,527
TOTAL PHILIPPINES
 
 
107,821
POLAND - 0.4%
 
 
 
Communication Services - 0.0%
 
 
 
Entertainment - 0.0%
 
 
 
CD Projekt SA (b)
 
252
16,858
Consumer Discretionary - 0.0%
 
 
 
Broadline Retail - 0.0%
 
 
 
Allegro.eu SA (b)(c)(d)
 
6,300
75,865
Consumer Staples - 0.0%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Zabka Group SA
 
3,609
30,722
Energy - 0.1%
 
 
 
Oil, Gas & Consumable Fuels - 0.1%
 
 
 
ORLEN SA
 
2,235
88,571
Financials - 0.3%
 
 
 
Banks - 0.3%
 
 
 
Bank Millennium SA (b)
 
5,869
32,458
Bank Polska Kasa Opieki SA
 
2,042
134,197
Erste Bank Polska SA
 
476
93,654
TOTAL FINANCIALS
 
 
260,309
Industrials - 0.0%
 
 
 
Construction & Engineering - 0.0%
 
 
 
Budimex SA
 
20
3,862
Professional Services - 0.0%
 
 
 
Benefit Systems SA (b)
 
33
47,703
TOTAL INDUSTRIALS
 
 
51,565
Information Technology - 0.0%
 
 
 
Software - 0.0%
 
 
 
Asseco Poland SA
 
187
9,999
Materials - 0.0%
 
 
 
Metals & Mining - 0.0%
 
 
 
Grupa Kety SA
 
106
35,469
KGHM Polska Miedz SA
 
237
19,537
TOTAL MATERIALS
 
 
55,006
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Tauron Polska Energia SA
 
6,616
15,961
TOTAL POLAND
 
 
604,856
PORTUGAL - 0.1%
 
 
 
Consumer Staples - 0.0%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Jeronimo Martins SGPS SA
 
530
10,610
Sonae SGPS SA
 
8,505
20,007
TOTAL CONSUMER STAPLES
 
 
30,617
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Galp Energia SGPS SA
 
1,531
34,770
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
Banco Comercial Portugues SA
 
31,701
38,933
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
EDP SA
 
2,228
11,484
Multi-Utilities - 0.0%
 
 
 
Redes Energeticas Naci Sgps SA
 
3,735
14,881
TOTAL UTILITIES
 
 
26,365
TOTAL PORTUGAL
 
 
130,685
QATAR - 0.2%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Ooredoo QPSC
 
4,078
14,000
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Qatar Fuel QSC
 
5,995
22,887
Financials - 0.2%
 
 
 
Banks - 0.2%
 
 
 
Al Rayan Bank
 
75,192
41,096
Doha Bank QPSC
 
11,092
8,829
Qatar Islamic Bank QPSC
 
19,929
118,556
TOTAL FINANCIALS
 
 
168,481
Industrials - 0.0%
 
 
 
Industrial Conglomerates - 0.0%
 
 
 
Industries Qatar QSC
 
628
1,818
Marine Transportation - 0.0%
 
 
 
Qatar Navigation QSC
 
11,020
29,973
TOTAL INDUSTRIALS
 
 
31,791
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Mesaieed Petrochemical Holding Co
 
12,505
3,757
Utilities - 0.0%
 
 
 
Multi-Utilities - 0.0%
 
 
 
Nebras Energy
 
1,352
5,488
TOTAL QATAR
 
 
246,404
SAUDI ARABIA - 0.7%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Saudi Telecom Co
 
1,009
11,591
Media - 0.0%
 
 
 
Saudi Research & Media Group (b)
 
518
8,145
Wireless Telecommunication Services - 0.1%
 
 
 
Etihad Etisalat Co
 
4,594
76,026
Mobile Telecommunications Co Saudi Arabia
 
8,098
22,318
 
 
 
98,344
TOTAL COMMUNICATION SERVICES
 
 
118,080
Consumer Discretionary - 0.0%
 
 
 
Specialty Retail - 0.0%
 
 
 
Jarir Marketing Co
 
6,029
26,681
Consumer Staples - 0.0%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Nahdi Medical Co
 
328
8,301
Food Products - 0.0%
 
 
 
Saudia Dairy & Foodstuff Co
 
112
6,060
Savola Group/The
 
1,631
11,318
 
 
 
17,378
TOTAL CONSUMER STAPLES
 
 
25,679
Energy - 0.0%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
Ades Holding Co
 
997
4,417
Financials - 0.4%
 
 
 
Banks - 0.4%
 
 
 
Al Rajhi Bank
 
6,222
103,631
Alinma Bank
 
17,777
110,577
Bank AlBilad
 
8,139
53,292
Saudi National Bank/The
 
20,350
212,414
 
 
 
479,914
Insurance - 0.0%
 
 
 
Co for Cooperative Insurance/The
 
465
15,180
TOTAL FINANCIALS
 
 
495,094
Health Care - 0.0%
 
 
 
Health Care Providers & Services - 0.0%
 
 
 
Dallah Healthcare Co
 
441
12,353
Dr Sulaiman Al Habib Medical Services Group Co
 
21
1,314
Mouwasat Medical Services Co
 
1,009
16,712
TOTAL HEALTH CARE
 
 
30,379
Industrials - 0.0%
 
 
 
Air Freight & Logistics - 0.0%
 
 
 
SAL Saudi Logistics Services
 
167
7,693
Electrical Equipment - 0.0%
 
 
 
Riyadh Cables Group Co
 
702
18,655
TOTAL INDUSTRIALS
 
 
26,348
Information Technology - 0.0%
 
 
 
IT Services - 0.0%
 
 
 
Arabian Internet & Communications Services Co
 
231
13,218
Elm Co
 
33
5,958
TOTAL INFORMATION TECHNOLOGY
 
 
19,176
Materials - 0.2%
 
 
 
Chemicals - 0.2%
 
 
 
Saudi Aramco Base Oil Co
 
534
18,016
Saudi Basic Industries Corp
 
9,690
127,979
Saudi Kayan Petrochemical Co (b)
 
9,362
12,464
Yanbu National Petrochemical Co
 
3,315
27,099
TOTAL MATERIALS
 
 
185,558
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Arabian Centres Co (c)(d)
 
846
3,507
Makkah Construction & Development Co
 
1,187
25,902
TOTAL REAL ESTATE
 
 
29,409
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Saudi Energy Co
 
10,759
48,560
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
ACWA Power Co (b)
 
298
14,886
TOTAL UTILITIES
 
 
63,446
TOTAL SAUDI ARABIA
 
 
1,024,267
SINGAPORE - 1.2%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.1%
 
 
 
Singapore Telecommunications Ltd
 
28,100
97,223
Consumer Discretionary - 0.1%
 
 
 
Broadline Retail - 0.1%
 
 
 
Sea Ltd Class A ADR (b)
 
1,220
130,223
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Genting Singapore Ltd
 
82,000
40,586
TOTAL CONSUMER DISCRETIONARY
 
 
170,809
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Hafnia Ltd
 
550
4,222
Financials - 0.7%
 
 
 
Banks - 0.6%
 
 
 
DBS Group Holdings Ltd
 
5,400
311,562
Oversea-Chinese Banking Corp Ltd
 
20,500
465,622
United Overseas Bank Ltd
 
2,000
67,638
 
 
 
844,822
Capital Markets - 0.1%
 
 
 
Singapore Exchange Ltd
 
9,400
179,203
TOTAL FINANCIALS
 
 
1,024,025
Industrials - 0.1%
 
 
 
Aerospace & Defense - 0.1%
 
 
 
Singapore Technologies Engineering Ltd
 
17,400
136,726
Passenger Airlines - 0.0%
 
 
 
Singapore Airlines Ltd
 
10,700
64,187
TOTAL INDUSTRIALS
 
 
200,913
Information Technology - 0.1%
 
 
 
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
Venture Corp Ltd
 
700
8,722
Semiconductors & Semiconductor Equipment - 0.1%
 
 
 
STMicroelectronics NV (Italy)
 
2,462
129,688
TOTAL INFORMATION TECHNOLOGY
 
 
138,410
Real Estate - 0.1%
 
 
 
Industrial REITs - 0.1%
 
 
 
CapitaLand Ascendas REIT
 
46,920
93,980
Mapletree Industrial Trust
 
4,900
7,373
 
 
 
101,353
Real Estate Management & Development - 0.0%
 
 
 
City Developments Ltd
 
7,400
45,258
Specialized REITs - 0.0%
 
 
 
Keppel DC REIT
 
27,800
48,343
TOTAL REAL ESTATE
 
 
194,954
Utilities - 0.0%
 
 
 
Multi-Utilities - 0.0%
 
 
 
Sembcorp Industries Ltd
 
3,100
13,333
TOTAL SINGAPORE
 
 
1,843,889
SOUTH AFRICA - 0.9%
 
 
 
Communication Services - 0.1%
 
 
 
Wireless Telecommunication Services - 0.1%
 
 
 
MTN Group Ltd
 
3,471
43,030
Vodacom Group Ltd
 
7,551
73,060
TOTAL COMMUNICATION SERVICES
 
 
116,090
Consumer Discretionary - 0.1%
 
 
 
Broadline Retail - 0.1%
 
 
 
Naspers Ltd Class N
 
1,982
104,140
Specialty Retail - 0.0%
 
 
 
Mr Price Group Ltd
 
2,979
30,676
Pepkor Holdings Ltd (c)(d)
 
42,959
55,293
 
 
 
85,969
TOTAL CONSUMER DISCRETIONARY
 
 
190,109
Consumer Staples - 0.1%
 
 
 
Consumer Staples Distribution & Retail - 0.1%
 
 
 
Shoprite Holdings Ltd
 
5,146
89,504
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Exxaro Resources Ltd
 
918
11,366
Financials - 0.3%
 
 
 
Banks - 0.2%
 
 
 
Absa Group Ltd
 
9,441
130,124
Standard Bank Group Ltd
 
10,948
217,997
 
 
 
348,121
Financial Services - 0.0%
 
 
 
FirstRand Ltd
 
889
5,316
Remgro Ltd
 
5,100
59,929
 
 
 
65,245
Insurance - 0.1%
 
 
 
Sanlam Ltd
 
20,347
108,327
TOTAL FINANCIALS
 
 
521,693
Health Care - 0.0%
 
 
 
Pharmaceuticals - 0.0%
 
 
 
Aspen Pharmacare Holdings Ltd
 
1,295
11,734
Industrials - 0.0%
 
 
 
Industrial Conglomerates - 0.0%
 
 
 
Bidvest Group Ltd
 
1,321
19,821
Materials - 0.3%
 
 
 
Metals & Mining - 0.3%
 
 
 
Anglo American PLC
 
2,297
116,278
Gold Fields Ltd
 
870
28,095
Harmony Gold Mining Co Ltd
 
6,246
98,550
Northam Platinum Holdings Ltd
 
4,061
58,149
Valterra Platinum Ltd
 
2,170
162,491
TOTAL MATERIALS
 
 
463,563
Real Estate - 0.0%
 
 
 
Diversified REITs - 0.0%
 
 
 
Growthpoint Properties Ltd
 
34,157
36,534
TOTAL SOUTH AFRICA
 
 
1,460,414
SPAIN - 2.3%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.1%
 
 
 
Telefonica SA
 
31,858
131,532
Consumer Discretionary - 0.3%
 
 
 
Hotels, Restaurants & Leisure - 0.2%
 
 
 
Amadeus IT Group SA Class A
 
3,568
220,206
Specialty Retail - 0.1%
 
 
 
Industria de Diseno Textil SA
 
2,632
171,774
TOTAL CONSUMER DISCRETIONARY
 
 
391,980
Energy - 0.1%
 
 
 
Oil, Gas & Consumable Fuels - 0.1%
 
 
 
Repsol SA
 
4,255
129,867
Financials - 1.1%
 
 
 
Banks - 1.1%
 
 
 
Banco Bilbao Vizcaya Argentaria SA
 
26,590
745,369
Banco de Sabadell SA
 
49,129
188,372
Banco Santander SA
 
48,020
682,954
Bankinter SA
 
2,968
54,521
CaixaBank SA
 
6,411
93,128
TOTAL FINANCIALS
 
 
1,764,344
Industrials - 0.2%
 
 
 
Construction & Engineering - 0.1%
 
 
 
ACS Actividades de Construccion y Servicios SA
 
1,549
197,021
Transportation Infrastructure - 0.1%
 
 
 
Aena SME SA (c)(d)
 
2,829
87,037
TOTAL INDUSTRIALS
 
 
284,058
Real Estate - 0.0%
 
 
 
Diversified REITs - 0.0%
 
 
 
Merlin Properties Socimi SA
 
1,671
29,019
Utilities - 0.5%
 
 
 
Electric Utilities - 0.5%
 
 
 
Endesa SA
 
3,746
182,982
Iberdrola SA
 
19,694
468,965
Redeia Corp SA
 
4,450
78,485
 
 
 
730,432
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
EDP Renewables SA
 
3,420
53,043
TOTAL UTILITIES
 
 
783,475
TOTAL SPAIN
 
 
3,514,275
SWEDEN - 2.0%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.1%
 
 
 
Telia Co AB
 
27,741
128,709
Wireless Telecommunication Services - 0.0%
 
 
 
Tele2 AB B Shares
 
2,936
50,864
TOTAL COMMUNICATION SERVICES
 
 
179,573
Consumer Discretionary - 0.0%
 
 
 
Specialty Retail - 0.0%
 
 
 
H & M Hennes & Mauritz AB B Shares
 
4,701
86,093
Consumer Staples - 0.1%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Axfood AB B Shares
 
1,366
34,902
Food Products - 0.1%
 
 
 
AAK AB
 
2,388
51,511
TOTAL CONSUMER STAPLES
 
 
86,413
Financials - 0.5%
 
 
 
Banks - 0.3%
 
 
 
Skandinaviska Enskilda Banken AB A Shares
 
236
5,534
Svenska Handelsbanken AB A Shares
 
13,423
205,245
Swedbank AB A1 Shares
 
6,369
254,836
 
 
 
465,615
Capital Markets - 0.0%
 
 
 
Avanza Bank Holding AB
 
1,322
54,339
Financial Services - 0.2%
 
 
 
Industrivarden AB C Shares
 
2,034
116,330
Investor AB B Shares
 
4,318
186,375
 
 
 
302,705
TOTAL FINANCIALS
 
 
822,659
Health Care - 0.1%
 
 
 
Health Care Equipment & Supplies - 0.1%
 
 
 
Elekta AB B Shares
 
5,009
25,449
Getinge AB B Shares
 
2,705
67,439
TOTAL HEALTH CARE
 
 
92,888
Industrials - 0.9%
 
 
 
Aerospace & Defense - 0.1%
 
 
 
Saab AB B Shares
 
2,687
168,845
Building Products - 0.2%
 
 
 
Assa Abloy AB B Shares
 
6,623
245,752
Industrial Conglomerates - 0.0%
 
 
 
Lifco AB B Shares
 
2,633
89,590
Machinery - 0.5%
 
 
 
Atlas Copco AB A Shares
 
15,364
324,639
Epiroc AB A Shares
 
4,752
121,825
Epiroc AB B Shares
 
6,637
145,395
Sandvik AB
 
1,558
58,260
Volvo AB A Shares
 
1,348
51,699
Volvo AB B Shares
 
3,112
119,040
 
 
 
820,858
Trading Companies & Distributors - 0.1%
 
 
 
AddTech AB B Shares
 
3,064
111,527
TOTAL INDUSTRIALS
 
 
1,436,572
Information Technology - 0.2%
 
 
 
Communications Equipment - 0.0%
 
 
 
Telefonaktiebolaget LM Ericsson B Shares
 
2,498
24,572
Electronic Equipment, Instruments & Components - 0.2%
 
 
 
Hexagon AB B Shares
 
18,354
181,164
Mycronic AB
 
1,390
45,807
 
 
 
226,971
TOTAL INFORMATION TECHNOLOGY
 
 
251,543
Materials - 0.1%
 
 
 
Chemicals - 0.0%
 
 
 
Hexpol AB B Shares
 
2,596
24,182
Paper & Forest Products - 0.1%
 
 
 
Holmen AB B Shares
 
1,229
41,689
Svenska Cellulosa AB SCA B Shares
 
7,369
83,772
 
 
 
125,461
TOTAL MATERIALS
 
 
149,643
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Sagax AB B Shares
 
2,799
49,177
Wihlborgs Fastigheter AB
 
2,908
23,622
TOTAL REAL ESTATE
 
 
72,799
TOTAL SWEDEN
 
 
3,178,183
SWITZERLAND - 3.3%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.1%
 
 
 
Swisscom AG
 
102
78,476
Consumer Discretionary - 0.3%
 
 
 
Textiles, Apparel & Luxury Goods - 0.3%
 
 
 
Cie Financiere Richemont SA Series A
 
2,067
488,519
Consumer Staples - 0.7%
 
 
 
Food Products - 0.7%
 
 
 
Chocoladefabriken Lindt & Spruengli AG
 
5
57,710
Chocoladefabriken Lindt & Spruengli AG participation certificates
 
1
117,633
Nestle SA
 
8,936
893,163
TOTAL CONSUMER STAPLES
 
 
1,068,506
Financials - 1.0%
 
 
 
Capital Markets - 0.3%
 
 
 
Julius Baer Group Ltd
 
670
58,907
UBS Group AG
 
8,976
472,421
 
 
 
531,328
Insurance - 0.7%
 
 
 
Helvetia Baloise Holding AG
 
681
182,622
Swiss Life Holding AG
 
201
237,386
Zurich Insurance Group AG
 
733
558,347
 
 
 
978,355
TOTAL FINANCIALS
 
 
1,509,683
Health Care - 0.3%
 
 
 
Health Care Equipment & Supplies - 0.1%
 
 
 
Straumann Holding AG
 
1,285
159,135
Life Sciences Tools & Services - 0.0%
 
 
 
Lonza Group AG
 
117
81,362
Pharmaceuticals - 0.2%
 
 
 
Galderma Group AG
 
180
39,170
Sandoz Group AG
 
2,937
238,898
 
 
 
278,068
TOTAL HEALTH CARE
 
 
518,565
Industrials - 0.6%
 
 
 
Building Products - 0.1%
 
 
 
Geberit AG
 
268
176,424
Electrical Equipment - 0.4%
 
 
 
ABB Ltd
 
4,632
456,988
Machinery - 0.1%
 
 
 
VAT Group AG (c)(d)
 
263
195,839
Marine Transportation - 0.0%
 
 
 
Kuehne + Nagel International AG
 
293
74,550
TOTAL INDUSTRIALS
 
 
903,801
Information Technology - 0.0%
 
 
 
Technology Hardware, Storage & Peripherals - 0.0%
 
 
 
Logitech International SA
 
531
53,911
Materials - 0.3%
 
 
 
Chemicals - 0.3%
 
 
 
DSM-Firmenich AG
 
2,386
257,230
Givaudan SA
 
61
243,713
TOTAL MATERIALS
 
 
500,943
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Swiss Prime Site AG
 
306
49,886
TOTAL SWITZERLAND
 
 
5,172,290
TAIWAN - 8.4%
 
 
 
Communication Services - 0.1%
 
 
 
Entertainment - 0.1%
 
 
 
International Games System Co Ltd
 
3,000
71,826
Wireless Telecommunication Services - 0.0%
 
 
 
Far EasTone Telecommunications Co Ltd
 
18,000
58,460
TOTAL COMMUNICATION SERVICES
 
 
130,286
Consumer Discretionary - 0.0%
 
 
 
Household Durables - 0.0%
 
 
 
Nien Made Enterprise Co Ltd
 
2,000
23,591
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
Eclat Textile Co Ltd
 
3,000
32,104
Feng TAY Enterprise Co Ltd
 
5,000
10,550
 
 
 
42,654
TOTAL CONSUMER DISCRETIONARY
 
 
66,245
Consumer Staples - 0.0%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
President Chain Store Corp
 
6,000
41,569
Food Products - 0.0%
 
 
 
Lien Hwa Industrial Holdings Corp
 
12,240
15,196
TOTAL CONSUMER STAPLES
 
 
56,765
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Formosa Petrochemical Corp
 
6,000
12,964
Financials - 0.8%
 
 
 
Banks - 0.3%
 
 
 
CTBC Financial Holding Co Ltd
 
12,000
23,962
E.Sun Financial Holding Co Ltd
 
157,000
187,343
Mega Financial Holding Co Ltd
 
125,000
204,992
Taiwan Cooperative Financial Holding Co Ltd
 
62,000
52,856
 
 
 
469,153
Financial Services - 0.2%
 
 
 
Yuanta Financial Holding Co Ltd
 
118,000
246,285
Insurance - 0.3%
 
 
 
Fubon Financial Holding Co Ltd
 
70,325
280,444
KGI Financial Holding Co Ltd
 
194,000
183,372
 
 
 
463,816
TOTAL FINANCIALS
 
 
1,179,254
Health Care - 0.0%
 
 
 
Pharmaceuticals - 0.0%
 
 
 
Caliway Biopharmaceuticals Co Ltd (b)
 
22,000
69,726
Industrials - 0.1%
 
 
 
Electrical Equipment - 0.0%
 
 
 
Walsin Lihwa Corp
 
40,000
38,403
Marine Transportation - 0.1%
 
 
 
Evergreen Marine Corp Taiwan Ltd
 
13,000
81,739
Wan Hai Lines Ltd
 
19,000
49,583
Yang Ming Marine Transport Corp
 
20,000
31,303
 
 
 
162,625
TOTAL INDUSTRIALS
 
 
201,028
Information Technology - 7.2%
 
 
 
Electronic Equipment, Instruments & Components - 0.9%
 
 
 
Chroma ATE Inc
 
4,000
251,421
Delta Electronics Inc
 
10,000
492,205
Elite Material Co Ltd
 
2,000
287,239
Hon Hai Precision Industry Co Ltd
 
31,000
236,857
Innolux Corp
 
92,000
126,315
 
 
 
1,394,037
Semiconductors & Semiconductor Equipment - 5.8%
 
 
 
ASE Technology Holding Co Ltd
 
5,000
85,362
eMemory Technology Inc
 
1,000
75,167
Jentech Precision Industrial Co Ltd
 
1,000
103,628
Macronix International Co Ltd (b)
 
23,000
69,116
MediaTek Inc
 
8,000
852,618
Nanya Technology Corp
 
14,000
149,747
Novatek Microelectronics Corp
 
7,000
110,684
Phison Electronics Corp
 
2,000
98,476
Powerchip Semiconductor Manufacturing Corp (b)
 
39,000
63,815
Taiwan Semiconductor Manufacturing Co Ltd
 
91,010
6,734,706
United Microelectronics Corp
 
102,000
381,769
Winbond Electronics Corp
 
36,000
138,912
 
 
 
8,864,000
Technology Hardware, Storage & Peripherals - 0.5%
 
 
 
Asustek Computer Inc
 
8,000
198,592
Lite-On Technology Corp
 
25,000
158,506
Quanta Computer Inc
 
22,000
195,801
Wistron Corp
 
37,000
198,523
 
 
 
751,422
TOTAL INFORMATION TECHNOLOGY
 
 
11,009,459
Materials - 0.2%
 
 
 
Chemicals - 0.1%
 
 
 
Formosa Chemicals & Fibre Corp
 
59,000
102,787
Construction Materials - 0.0%
 
 
 
Asia Cement Corp
 
45,000
45,878
Metals & Mining - 0.1%
 
 
 
China Steel Corp
 
183,000
107,118
TOTAL MATERIALS
 
 
255,783
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Highwealth Construction Corp
 
5,000
6,784
TOTAL TAIWAN
 
 
12,988,294
THAILAND - 0.4%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.1%
 
 
 
True Corp PCL
 
8,300
3,567
True Corp PCL depository receipt
 
176,500
75,853
TOTAL COMMUNICATION SERVICES
 
 
79,420
Consumer Discretionary - 0.0%
 
 
 
Broadline Retail - 0.0%
 
 
 
Central Retail Corp PCL
 
400
319
Central Retail Corp PCL depository receipt
 
37,100
29,605
 
 
 
29,924
Specialty Retail - 0.0%
 
 
 
Home Product Center PCL depository receipt
 
16,200
3,142
TOTAL CONSUMER DISCRETIONARY
 
 
33,066
Consumer Staples - 0.0%
 
 
 
Beverages - 0.0%
 
 
 
Osotspa PCL
 
1,200
629
Osotspa PCL depository receipt
 
15,800
8,290
Thai Beverage PCL
 
88,800
31,904
 
 
 
40,823
Food Products - 0.0%
 
 
 
Thai Union Group PCL depository receipt
 
9,900
3,606
Thaifoods Group PCL depository receipt
 
23,400
6,852
 
 
 
10,458
TOTAL CONSUMER STAPLES
 
 
51,281
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
PTT Exploration & Production PCL
 
1,200
5,371
PTT Exploration & Production PCL depository receipt
 
15,600
69,830
TOTAL ENERGY
 
 
75,201
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
Krung Thai Bank PCL depository receipt
 
38,500
50,832
Thanachart Capital PCL depository receipt
 
5,900
13,762
Tisco Financial Group PCL depository receipt
 
4,600
17,669
TMBThanachart Bank PCL depository receipt
 
536,900
49,048
TOTAL FINANCIALS
 
 
131,311
Health Care - 0.0%
 
 
 
Health Care Providers & Services - 0.0%
 
 
 
Bumrungrad Hospital Pcl depository receipt
 
3,900
21,854
Industrials - 0.0%
 
 
 
Ground Transportation - 0.0%
 
 
 
BTS Group Holdings PCL depository receipt (b)
 
47,400
3,032
Transportation Infrastructure - 0.0%
 
 
 
Airports of Thailand PCL depository receipt
 
8,800
16,703
Bangkok Expressway & Metro PCL
 
2,500
504
Bangkok Expressway & Metro PCL depository receipt
 
89,900
18,138
 
 
 
35,345
TOTAL INDUSTRIALS
 
 
38,377
Information Technology - 0.2%
 
 
 
Electronic Equipment, Instruments & Components - 0.2%
 
 
 
Delta Electronics Thailand PCL
 
500
4,092
Delta Electronics Thailand PCL depository receipt
 
17,100
139,939
TOTAL INFORMATION TECHNOLOGY
 
 
144,031
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
PTT Global Chemical PCL depository receipt
 
21,900
23,983
Containers & Packaging - 0.0%
 
 
 
SCG Packaging PCL depository receipt
 
1,600
1,452
TOTAL MATERIALS
 
 
25,435
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Central Pattana PCL depository receipt
 
600
1,233
WHA Corp PCL depository receipt
 
101,300
14,669
TOTAL REAL ESTATE
 
 
15,902
Utilities - 0.0%
 
 
 
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Electricity Generating PCL depository receipt
 
1,800
7,209
Global Power Synergy PCL
 
500
767
Global Power Synergy PCL depository receipt
 
5,300
8,134
Gulf Development PCL
 
2,000
3,985
Gulf Development PCL depository receipt
 
20,900
41,640
TOTAL UTILITIES
 
 
61,735
TOTAL THAILAND
 
 
677,613
TURKEY - 0.2%
 
 
 
Communication Services - 0.0%
 
 
 
Wireless Telecommunication Services - 0.0%
 
 
 
Turkcell Iletisim Hizmetleri AS
 
4,615
9,707
Consumer Discretionary - 0.0%
 
 
 
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
Isiklar Enerji ve Yapi Holding AS (b)
 
5,995
21,132
Mavi Giyim Sanayi Ve Ticaret AS Class B (c)(d)
 
6,569
5,408
TOTAL CONSUMER DISCRETIONARY
 
 
26,540
Consumer Staples - 0.0%
 
 
 
Beverages - 0.0%
 
 
 
Anadolu Efes Biracilik Ve Malt Sanayii AS
 
21,999
10,129
Coca-Cola Icecek AS
 
10,360
19,851
 
 
 
29,980
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Migros Ticaret AS
 
438
5,766
Sok Marketler Ticaret AS (b)
 
3,087
3,313
 
 
 
9,079
Food Products - 0.0%
 
 
 
Ulker Biskuvi Sanayi AS
 
1,277
2,319
TOTAL CONSUMER STAPLES
 
 
41,378
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Turkiye Petrol Rafinerileri AS
 
3,202
19,895
Financials - 0.0%
 
 
 
Banks - 0.0%
 
 
 
Turkiye Is Bankasi AS Class C
 
78,348
20,560
Consumer Finance - 0.0%
 
 
 
Katilimevim Tasarruf Finansman AS
 
5,832
19,097
Financial Services - 0.0%
 
 
 
Destek Finans Faktoring AS (b)
 
809
28,994
TOTAL FINANCIALS
 
 
68,651
Health Care - 0.0%
 
 
 
Health Care Providers & Services - 0.0%
 
 
 
MLP Saglik Hizmetleri AS (b)(c)(d)
 
230
1,959
Industrials - 0.2%
 
 
 
Construction & Engineering - 0.1%
 
 
 
Enka Insaat ve Sanayi AS
 
21,788
40,166
Industrial Conglomerates - 0.1%
 
 
 
KOC Holding AS
 
15,654
64,865
Transportation Infrastructure - 0.0%
 
 
 
TAV Havalimanlari Holding AS
 
2,264
12,947
TOTAL INDUSTRIALS
 
 
117,978
Information Technology - 0.0%
 
 
 
IT Services - 0.0%
 
 
 
Odine Solutions Teknoloji Ticaret VE Sanayi AS (b)
 
35
1,841
Software - 0.0%
 
 
 
MIA Teknoloji AS (b)
 
7,319
4,747
TOTAL INFORMATION TECHNOLOGY
 
 
6,588
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Sasa Polyester Sanayi AS (b)
 
172,269
8,954
Metals & Mining - 0.0%
 
 
 
Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret AS (b)
 
242
2,656
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class D (b)
 
11,393
9,878
Turk Altin Isletmeleri AS (b)
 
12,368
11,494
 
 
 
24,028
TOTAL MATERIALS
 
 
32,982
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Kuyumcukent Gayrimenkul Yatirimlari AS (b)
 
3,709
5,534
Ufuk Yatirim Yonetim ve Gayrimenkul AS (b)
 
224
8,372
TOTAL REAL ESTATE
 
 
13,906
Utilities - 0.0%
 
 
 
Gas Utilities - 0.0%
 
 
 
Enerya Enerji AS
 
5,003
970
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Margun Enerji Uretim Sanayi VE Ticaret AS
 
10,230
7,944
TOTAL UTILITIES
 
 
8,914
TOTAL TURKEY
 
 
348,498
UNITED ARAB EMIRATES - 0.4%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Emirates Telecommunications Group Co PJSC
 
13,353
74,018
Consumer Discretionary - 0.0%
 
 
 
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Americana Restaurants International PLC - Foreign Co
 
29,654
17,520
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
ADNOC Logistics & Services
 
13,755
23,218
Financials - 0.3%
 
 
 
Banks - 0.3%
 
 
 
Abu Dhabi Islamic Bank PJSC
 
13,276
76,699
Emirates NBD Bank PJSC
 
22,396
184,144
TOTAL FINANCIALS
 
 
260,843
Health Care - 0.0%
 
 
 
Health Care Providers & Services - 0.0%
 
 
 
Pure Health Holding PJSC
 
6,672
4,104
Industrials - 0.0%
 
 
 
Industrial Conglomerates - 0.0%
 
 
 
Dubai Investments PJSC
 
14,056
13,777
Modon Holding PSC (b)
 
43,179
33,504
TOTAL INDUSTRIALS
 
 
47,281
Real Estate - 0.1%
 
 
 
Real Estate Management & Development - 0.1%
 
 
 
Aldar Properties PJSC
 
43,781
88,563
Emaar Development PJSC
 
6,920
24,417
TOTAL REAL ESTATE
 
 
112,980
Utilities - 0.0%
 
 
 
Multi-Utilities - 0.0%
 
 
 
Dubai Electricity & Water Authority PJSC
 
30,645
22,861
TOTAL UNITED ARAB EMIRATES
 
 
562,825
UNITED KINGDOM - 6.5%
 
 
 
Communication Services - 0.2%
 
 
 
Diversified Telecommunication Services - 0.1%
 
 
 
BT Group PLC
 
56,989
154,613
Interactive Media & Services - 0.1%
 
 
 
Autotrader Group PLC (c)(d)
 
9,807
69,249
Rightmove PLC
 
4,606
28,841
 
 
 
98,090
Wireless Telecommunication Services - 0.0%
 
 
 
Vodafone Group PLC
 
8,367
13,278
TOTAL COMMUNICATION SERVICES
 
 
265,981
Consumer Discretionary - 0.2%
 
 
 
Diversified Consumer Services - 0.1%
 
 
 
Pearson PLC
 
7,197
121,447
Hotels, Restaurants & Leisure - 0.1%
 
 
 
Compass Group PLC
 
2,779
88,122
Household Durables - 0.0%
 
 
 
Barratt Redrow PLC
 
16,500
65,574
Specialty Retail - 0.0%
 
 
 
Kingfisher PLC
 
19,431
81,065
TOTAL CONSUMER DISCRETIONARY
 
 
356,208
Consumer Staples - 1.2%
 
 
 
Beverages - 0.2%
 
 
 
Diageo PLC
 
14,002
307,601
Consumer Staples Distribution & Retail - 0.2%
 
 
 
J Sainsbury PLC
 
12,792
61,962
Marks & Spencer Group PLC
 
23,888
130,581
Tesco PLC
 
8,914
58,673
 
 
 
251,216
Household Products - 0.0%
 
 
 
Reckitt Benckiser Group PLC
 
978
69,024
Personal Care Products - 0.3%
 
 
 
Unilever PLC
 
6,617
421,024
Tobacco - 0.5%
 
 
 
British American Tobacco PLC
 
9,367
568,211
Imperial Brands PLC
 
5,313
201,633
 
 
 
769,844
TOTAL CONSUMER STAPLES
 
 
1,818,709
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
DCC Energy plc
 
316
26,959
Financials - 2.3%
 
 
 
Banks - 1.7%
 
 
 
Barclays PLC
 
32,674
224,585
HSBC Holdings PLC
 
59,933
1,276,292
Lloyds Banking Group PLC
 
301,578
466,124
NatWest Group PLC
 
43,644
411,678
Standard Chartered PLC
 
11,645
344,315
 
 
 
2,722,994
Capital Markets - 0.2%
 
 
 
3i Group PLC
 
6,868
264,403
London Stock Exchange Group PLC
 
763
85,832
 
 
 
350,235
Financial Services - 0.1%
 
 
 
M&G PLC
 
26,568
128,010
Insurance - 0.3%
 
 
 
Beazley PLC
 
6,952
120,914
Hiscox Ltd
 
752
18,334
Legal & General Group PLC
 
51,038
206,635
Standard Life PLC
 
9,361
116,448
 
 
 
462,331
TOTAL FINANCIALS
 
 
3,663,570
Health Care - 1.0%
 
 
 
Health Care Equipment & Supplies - 0.1%
 
 
 
Convatec Group PLC (c)(d)
 
6,070
18,324
Smith & Nephew PLC
 
9,535
149,156
 
 
 
167,480
Pharmaceuticals - 0.9%
 
 
 
Astrazeneca PLC
 
5,487
934,150
GSK PLC
 
19,221
499,801
 
 
 
1,433,951
TOTAL HEALTH CARE
 
 
1,601,431
Industrials - 1.0%
 
 
 
Aerospace & Defense - 0.7%
 
 
 
Babcock International Group PLC
 
4,812
72,701
BAE Systems PLC
 
15,169
429,424
Rolls-Royce Holdings PLC
 
26,101
520,706
 
 
 
1,022,831
Machinery - 0.0%
 
 
 
Weir Group PLC/The
 
3,201
113,721
Passenger Airlines - 0.1%
 
 
 
International Consolidated Airlines Group SA
 
27,245
159,708
Professional Services - 0.1%
 
 
 
RELX PLC
 
3,906
137,382
Trading Companies & Distributors - 0.1%
 
 
 
Bunzl PLC
 
3,941
148,828
TOTAL INDUSTRIALS
 
 
1,582,470
Information Technology - 0.1%
 
 
 
Software - 0.1%
 
 
 
Sage Group PLC/The
 
10,282
134,862
Real Estate - 0.1%
 
 
 
Diversified REITs - 0.1%
 
 
 
Land Securities Group PLC
 
9,243
88,039
Industrial REITs - 0.0%
 
 
 
Tritax Big Box REIT PLC
 
23,672
54,269
TOTAL REAL ESTATE
 
 
142,308
Utilities - 0.4%
 
 
 
Electric Utilities - 0.2%
 
 
 
SSE PLC
 
7,482
236,382
Multi-Utilities - 0.1%
 
 
 
National Grid PLC
 
12,934
207,020
Water Utilities - 0.1%
 
 
 
United Utilities Group PLC
 
8,047
149,991
TOTAL UTILITIES
 
 
593,393
TOTAL UNITED KINGDOM
 
 
10,185,891
UNITED STATES - 4.1%
 
 
 
Communication Services - 0.1%
 
 
 
Entertainment - 0.1%
 
 
 
Spotify Technology SA (b)
 
391
195,477
Consumer Discretionary - 0.2%
 
 
 
Automobiles - 0.1%
 
 
 
Stellantis NV (Italy) (b)
 
23,657
135,364
Hotels, Restaurants & Leisure - 0.1%
 
 
 
InterContinental Hotels Group PLC
 
1,320
212,124
TOTAL CONSUMER DISCRETIONARY
 
 
347,488
Consumer Staples - 0.0%
 
 
 
Food Products - 0.0%
 
 
 
JBS NV depository receipt
 
4,661
65,006
Energy - 1.0%
 
 
 
Energy Equipment & Services - 0.1%
 
 
 
Tenaris SA
 
3,850
110,455
Oil, Gas & Consumable Fuels - 0.9%
 
 
 
BP PLC
 
73,968
555,734
DHT Holdings Inc
 
1,519
28,208
Shell PLC
 
19,425
889,115
 
 
 
1,473,057
TOTAL ENERGY
 
 
1,583,512
Financials - 0.1%
 
 
 
Insurance - 0.1%
 
 
 
Swiss Re AG
 
544
90,740
Health Care - 1.9%
 
 
 
Health Care Equipment & Supplies - 0.1%
 
 
 
Alcon AG
 
3,250
222,630
Life Sciences Tools & Services - 0.0%
 
 
 
ICON PLC (b)
 
293
47,924
Pharmaceuticals - 1.8%
 
 
 
Haleon PLC
 
14,332
70,163
Novartis AG
 
6,411
1,002,628
Roche Holding AG
 
2,962
1,295,521
Sanofi SA
 
3,070
264,363
 
 
 
2,632,675
TOTAL HEALTH CARE
 
 
2,903,229
Industrials - 0.6%
 
 
 
Commercial Services & Supplies - 0.0%
 
 
 
Waste Connections Inc
 
373
62,486
Construction & Engineering - 0.0%
 
 
 
Ferrovial NV
 
226
14,787
Electrical Equipment - 0.4%
 
 
 
Schneider Electric SE
 
1,735
582,935
Professional Services - 0.2%
 
 
 
Experian PLC
 
6,510
245,620
TOTAL INDUSTRIALS
 
 
905,828
Information Technology - 0.0%
 
 
 
Software - 0.0%
 
 
 
JFrog Ltd (b)
 
1,096
87,450
Materials - 0.2%
 
 
 
Construction Materials - 0.2%
 
 
 
Buzzi SpA
 
335
15,881
Holcim AG
 
504
45,775
James Hardie Industries PLC depository receipt (b)
 
6,699
172,934
Titan SA (Greece)
 
145
8,711
TOTAL MATERIALS
 
 
243,301
TOTAL UNITED STATES
 
 
6,422,031
 
TOTAL COMMON STOCKS
 (Cost $139,301,441)
 
 
 
150,627,537
 
 
 
 
Non-Convertible Preferred Stocks - 0.3%
 
 
Shares
Value ($)
 
GERMANY - 0.1%
 
 
 
Consumer Discretionary - 0.1%
 
 
 
Automobiles - 0.1%
 
 
 
Porsche Automobil Holding SE
 
1,712
56,823
Volkswagen AG non-voting shares
 
1,790
154,695
 
 
 
 
TOTAL GERMANY
 
 
211,518
KOREA (SOUTH) - 0.2%
 
 
 
Consumer Discretionary - 0.0%
 
 
 
Automobiles - 0.0%
 
 
 
Hyundai Motor Co non-voting shares
 
213
28,789
Hyundai Motor Co Series 2
 
95
12,930
TOTAL CONSUMER DISCRETIONARY
 
 
41,719
Information Technology - 0.2%
 
 
 
Technology Hardware, Storage & Peripherals - 0.2%
 
 
 
Samsung Electronics Co Ltd non-voting shares
 
1,978
245,592
TOTAL KOREA (SOUTH)
 
 
287,311
 
TOTAL NON-CONVERTIBLE PREFERRED STOCKS
 (Cost $520,761)
 
 
 
498,829
 
 
 
 
U.S. Treasury Obligations - 0.1%
 
 
Yield (%) (g)
Principal
Amount (a)
 
Value ($)
 
US Treasury Bills 0% 8/13/2026 (h)
 (Cost $169,795)
 
3.64
170,000
169,830
 
 
 
 
 
Money Market Funds - 2.8%
 
 
Yield (%)
Shares
Value ($)
 
Fidelity Cash Central Fund (i)
 
3.69
4,215,652
4,216,495
Fidelity Securities Lending Cash Central Fund (i)(j)
 
3.72
87,111
87,120
 
TOTAL MONEY MARKET FUNDS
 (Cost $4,303,599)
 
 
 
4,303,615
 
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 99.7%
 (Cost $144,295,596)
 
 
 
155,599,811
NET OTHER ASSETS (LIABILITIES) - 0.3% (f)
433,891
NET ASSETS - 100.0%
156,033,702
 
 
 
 
Futures Contracts 
 
Number
of contracts
Expiration
Date
Notional
Amount ($)
 
Value and Unrealized
Appreciation/
(Depreciation) ($)
 
LONG
 
 
 
 
ICE MSCI EAFE Index Contracts (United States)
18
9/2026
2,864,070
43,335
ICE MSCI Emerging Markets Index Contracts (United States)
18
9/2026
1,478,070
31,683
TME S&P/TSX 60 Index Contracts (Canada)
2
9/2026
594,785
1,928
TOTAL LONG
 
 
 
76,946

Legend
 
(a)
Amount is stated in United States dollars unless otherwise noted.
 
(b)
Non-income producing.
 
(c)
Security exempt from registration under Rule 144A of the Securities Act of 1933.  These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $2,858,678 or 1.8% of net assets.
 
(d)
Security exempt from registration under Regulation S of the Securities Act of 1933 and may be resold to qualified foreign investors outside of the United States. At the end of the period, the value of securities amounted to $3,218,959 or 2.1% of net assets.
 
(e)
Security or a portion of the security is on loan at period end.
 
(f)
Includes $36,065 of cash collateral to cover margin requirements for futures contracts.
 
(g)
Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.
 
(h)
Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $169,830.
 
(i)
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
 
(j)
Investment made with cash collateral received from securities on loan.
 
 
 
Affiliated Underlying Funds
Fiscal year to date information regarding the Fund's investments in affiliated underlying funds is presented below. Exchanges between classes of the same affiliated underlying funds may occur. If an underlying fund changes its name, the name presented below is the name in effect at period end.
Affiliate
Value,
beginning
of period ($)
Purchases ($)
Sales
Proceeds ($)
Dividend
Income ($)
Realized
Gain (loss) ($)
Change in
Unrealized
appreciation
(depreciation) ($)
Value,
end
of period ($)
 
 
Shares,
end
of period
Fidelity Cash Central Fund
3,145,797
73,430,706
72,359,680
114,270
(344)
16
4,216,495
4,215,652
Fidelity Securities Lending Cash Central Fund
-
446,334
359,214
694
-
-
87,120
87,111
 
3,145,797
73,877,040
72,718,894
114,964
(344)
16
4,303,615
 
 
Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.
Amounts in the dividend income column for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium income received for lending certain types of securities.
 
Investment Valuation
Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.   
 
The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:
 
Level 1 - Unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)
 
Valuation techniques used to value investments by major category are as follows:
Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.
 
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing services or from brokers who make markets in such securities. U.S. Treasury Obligations are valued by pricing services who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
 
Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy.
 
Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.
 
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.
 
Derivative Instruments
Risk Exposures and the Use of Derivative Instruments: The Fund's investment objectives allow the Fund to enter into various types of derivative contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.
 
The Fund used derivatives to increase returns, to gain exposure to certain types of assets and/or to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.  
 
The Fund's use of derivatives increased or decreased its exposure to the following risk(s):
 
Equity Risk - Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment.
 
Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.  
 
Futures Contracts: A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a specified price at a specified future date.
 
The Fund used futures contracts to manage its exposure to the stock market.
 
Open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The underlying face amount at value reflects each contract's exposure to the underlying instrument or index at period end. Any securities and/or cash deposited to meet initial margin requirements are identified in the Schedule of Investments.
 
For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.
 
 
 
The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.
 
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