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        <fairValLevel>2</fairValLevel>
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        <name>AL RAJHI BANK</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ALAMOS GOLD INC-CLASS A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ALIBABA GROUP HOLDING LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ALIMENTATION COUCHE-TARD INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ALLIANZ SE-REG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ALS LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ALVOTECH SA</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AXIS BANK LTD- GDR REG S GDR</name>
        <lei>549300HVNWMJPOFVNI41</lei>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>BAE SYSTEMS PLC</name>
        <lei>8SVCSVKSGDWMW2QHOH83</lei>
        <title>BAE SYSTEMS PLC COMMON STOCK GBP.025</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BAJAJ FINANCE LTD</name>
        <lei>335800YTEXC3DO4Z6F68</lei>
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          <isin value="INE296A01032"/>
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        <currencyConditional curCd="INR" exchangeRt="95.415000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BANCO BILBAO VIZCAYA ARGENTA</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BANCO BTG PACTUAL SA-UNIT</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BANCO COMERCIAL PORTUGUES-R</name>
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          <isin value="PTBCP0AM0015"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BANCO SANTANDER SA</name>
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          <isin value="ES0113900J37"/>
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        <assetCat>EC</assetCat>
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        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANK LEUMI LE-ISRAEL</name>
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        <assetCat>EC</assetCat>
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        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>BANK OF CHINA LTD-H SHS</name>
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        <currencyConditional curCd="HKD" exchangeRt="7.842400"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>BANK PEKAO SA</name>
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        <assetCat>EC</assetCat>
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        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
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        <currencyConditional curCd="GBP" exchangeRt="0.741977"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
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        <name>BARRICK MINING CORP</name>
        <lei>0O4KBQCJZX82UKGCBV73</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BASF SE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BAWAG GROUP AG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BAYER AG-REG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BAYERISCHE MOTOREN WERKE AG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BEONE MEDICINES LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>BHARTI AIRTEL LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BHP GROUP LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>BOC HONG KONG HOLDINGS LTD</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BP PLC</name>
        <lei>213800LH1BZH3DI6G760</lei>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BRIDGESTONE CORP</name>
        <lei>549300DHPOF90OYYD780</lei>
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        <currencyConditional curCd="JPY" exchangeRt="159.105000"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BRITISH AMERICAN TOBACCO PLC</name>
        <lei>213800FKA5MF17RJKT63</lei>
        <title>BRITISH AMERICAN TOBACCO PLC COMMON STOCK</title>
        <cusip>110GB6999</cusip>
        <identifiers>
          <isin value="GB0002875804"/>
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        <balance>2494.000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.741977"/>
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        <pctVal>0.4316228200</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BROOKFIELD ASSET MGMT-A</name>
        <lei>549300CZ84WPNJZKY093</lei>
        <title>BROOKFIELD ASSET MGMT A COMMON STOCK</title>
        <cusip>TC9OXSV27</cusip>
        <identifiers>
          <isin value="CA1130041058"/>
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        <balance>626.000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.401850"/>
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        <pctVal>0.0863903709</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BROOKFIELD CORP</name>
        <lei>C6J3FGIWG6MBDGTE8F80</lei>
        <title>BROOKFIELD CORP COMMON STOCK</title>
        <cusip>CA2092596</cusip>
        <identifiers>
          <isin value="CA11271J1075"/>
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        <balance>1870.000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.401850"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BT GROUP PLC</name>
        <lei>213800LRO7NS5CYQMN21</lei>
        <title>BT GROUP PLC COMMON STOCK GBP.05</title>
        <cusip>GB3091351</cusip>
        <identifiers>
          <isin value="GB0030913577"/>
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        <balance>25098.000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.741977"/>
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        <pctVal>0.1938780785</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BYD CO LTD -A SHS QFII</name>
        <lei>5299005557VL7ULJ7A69</lei>
        <title>BYD CO LTD  A COMMON STOCK CNY1.0</title>
        <cusip>TC2XLB7R6</cusip>
        <identifiers>
          <isin value="CNE100001526"/>
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        <balance>5400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.752450"/>
        <valUSD>76562.620000</valUSD>
        <pctVal>0.2184316875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CAIXABANK</name>
        <lei>7CUNS533WID6K7DGFI87</lei>
        <title>CAIXABANK SA COMMON STOCK EUR1.0</title>
        <cusip>ES283W978</cusip>
        <identifiers>
          <isin value="ES0140609019"/>
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        <balance>7749.000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.867190"/>
        <valUSD>112564.560000</valUSD>
        <pctVal>0.3211445323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CAMECO CORP</name>
        <lei>N4BHALMXL3GMZKCUON55</lei>
        <title>CAMECO CORP COMMON STOCK</title>
        <cusip>13321L991</cusip>
        <identifiers>
          <isin value="CA13321L1085"/>
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        <balance>386.000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.401850"/>
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        <pctVal>0.0950381837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CANADIAN NATL RAILWAY CO</name>
        <lei>3SU7BEP7TH9YEQOZCS77</lei>
        <title>CANADIAN NATL RAILWAY CO COMMON STOCK</title>
        <cusip>CA2180631</cusip>
        <identifiers>
          <isin value="CA1363751027"/>
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        <balance>1055.000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.401850"/>
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        <pctVal>0.3827183635</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CANADIAN NATURAL RESOURCES</name>
        <lei>549300T15RIMIKZC5Q38</lei>
        <title>CANADIAN NATURAL RESOURCES COMMON STOCK</title>
        <cusip>1363CA998</cusip>
        <identifiers>
          <isin value="CA1363851017"/>
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        <balance>2658.000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.401850"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CANADIAN PACIFIC KANSAS CITY LTD</name>
        <lei>N/A</lei>
        <title>CANADIAN PACIFIC KANSAS CITY COMMON STOCK</title>
        <cusip>13645T993</cusip>
        <identifiers>
          <isin value="CA13646K1084"/>
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        <balance>1431.000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.401850"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
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        <name>CAPITALAND INTGD COMM TRUST</name>
        <lei>54930031292WUTXF0L29</lei>
        <title>CAPITALAND INTEGRATED COMMER REIT</title>
        <cusip>1404SG990</cusip>
        <identifiers>
          <isin value="SG1M51904654"/>
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        <balance>26600.000000</balance>
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        <currencyConditional curCd="SGD" exchangeRt="1.282450"/>
        <valUSD>51623.560000</valUSD>
        <pctVal>0.1472810273</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>CAPITEC BANK HOLDINGS LTD</name>
        <lei>N/A</lei>
        <title>CAPITEC LIMITED COMMON STOCK ZAR.01</title>
        <cusip>ZA6440853</cusip>
        <identifiers>
          <isin value="ZAE000035861"/>
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        <currencyConditional curCd="ZAR" exchangeRt="16.521250"/>
        <valUSD>62246.620000</valUSD>
        <pctVal>0.1775884139</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
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        <name>CATHAY FINANCIAL HOLDING CO</name>
        <lei>5299009XR1QLFAMQ3X77</lei>
        <title>CATHAY FINANCIAL HOLDING CO COMMON STOCK TWD10.0</title>
        <cusip>1491TW991</cusip>
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        <currencyConditional curCd="TWD" exchangeRt="32.319000"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CELESTICA INC</name>
        <lei>549300J3CG5T6RZWLN53</lei>
        <title>CELESTICA INC COMMON STOCK</title>
        <cusip>15101Q959</cusip>
        <identifiers>
          <isin value="CA15101Q2071"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CELLTRION INC</name>
        <lei>988400JFZG785WJX3D68</lei>
        <title>CELLTRION INC COMMON STOCK KRW1000.0</title>
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        <identifiers>
          <isin value="KR7068270008"/>
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        <currencyConditional curCd="KRW" exchangeRt="1425.700000"/>
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        <assetCat>EC</assetCat>
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        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CEMEX SAB-CPO</name>
        <lei>549300RIG2CXWN6IV731</lei>
        <title>CEMEX SAB CPO UNIT</title>
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          <isin value="MXP225611567"/>
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        <currencyConditional curCd="MXN" exchangeRt="17.319500"/>
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        <assetCat>EC</assetCat>
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        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CENOVUS ENERGY INC</name>
        <lei>254900LJGL2N2XEMD470</lei>
        <title>CENOVUS ENERGY INC COMMON STOCK</title>
        <cusip>CA57FG046</cusip>
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        <assetCat>EC</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>CHAOZHOU THREE-CIRCLE GRO-H SHS</name>
        <lei>655600NIG229WUTGM382</lei>
        <title>CHAOZHOU THREE CIRCLE GRO H COMMON STOCK CNY1.0</title>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CHINA CONSTRUCTION BANK-H SHS</name>
        <lei>5493001KQW6DM7KEDR62</lei>
        <title>CHINA CONSTRUCTION BANK H COMMON STOCK CNY1.0</title>
        <cusip>CN9731453</cusip>
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        <invCountry>CN</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CHINA INTERNATIONAL CAPITA-H SHS</name>
        <lei>529900OS3SVVTT56QN67</lei>
        <title>CHINA INTERNATIONAL CAPITA H COMMON STOCK CNY1.0</title>
        <cusip>TC8HUPEI6</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CHINA MERCHANT BANK-H SHS</name>
        <lei>549300MKO5B60FFIHF58</lei>
        <title>CHINA MERCHANTS BANK H COMMON STOCK CNY1.0</title>
        <cusip>CN1DRJ297</cusip>
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        <currencyConditional curCd="HKD" exchangeRt="7.842400"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CHINA PACIFIC INS-H SHS</name>
        <lei>529900BA5ILEL308WX03</lei>
        <title>CHINA PACIFIC INSURANCE GR H COMMON STOCK CNY1.0</title>
        <cusip>CN2Q5H568</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CHUGAI PHARMACEUTICAL CO LTD</name>
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        <title>CHUGAI PHARMACEUTICAL CO LTD COMMON STOCK</title>
        <cusip>171JP9998</cusip>
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          <isin value="JP3519400000"/>
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        <currencyConditional curCd="JPY" exchangeRt="159.105000"/>
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        <pctVal>0.1733125374</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CIE FINANCIERE RICHEMONT UTS A</name>
        <lei>549300YIPGJ6UX2QPS51</lei>
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        <cusip>125489997</cusip>
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          <isin value="CH0210483332"/>
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        <currencyConditional curCd="CHF" exchangeRt="0.808450"/>
        <valUSD>146768.210000</valUSD>
        <pctVal>0.4187268902</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CIMB GROUP HOLDINGS BERHAD</name>
        <lei>549300FYDN5UD7USZW18</lei>
        <title>CIMB GROUP HOLDINGS BHD COMMON STOCK</title>
        <cusip>2005MA993</cusip>
        <identifiers>
          <isin value="MYL1023OO000"/>
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        <currencyConditional curCd="MYR" exchangeRt="4.086500"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLES GROUP LTD</name>
        <lei>549300OHQRG2HN8LZ793</lei>
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          <isin value="AU0000030678"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COMMONWEALTH BANK OF AUSTRALIA</name>
        <lei>MSFSBD3QN1GSN7Q6C537</lei>
        <title>COMMONWEALTH BANK OF AUSTRAL COMMON STOCK</title>
        <cusip>202712998</cusip>
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          <isin value="AU000000CBA7"/>
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        <currencyConditional curCd="AUD" exchangeRt="1.421161"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>COMPAGNIE DE SAINT GOBAIN</name>
        <lei>NFONVGN05Z0FMN5PEC35</lei>
        <title>COMPAGNIE DE SAINT GOBAIN COMMON STOCK EUR4.0</title>
        <cusip>125997FR2</cusip>
        <identifiers>
          <isin value="FR0000125007"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COMPASS GROUP PLC</name>
        <lei>2138008M6MH9OZ6U2T68</lei>
        <title>COMPASS GROUP PLC COMMON STOCK GBP.1105</title>
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        <identifiers>
          <isin value="GB00BD6K4575"/>
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        <curCd>USD</curCd>
        <valUSD>75864.730000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CONSTELLATION SOFTWARE INC</name>
        <lei>549300B6PYHMCTDWQV29</lei>
        <title>CONSTELLATION SOFTWARE INC COMMON STOCK</title>
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          <isin value="CA21037X1006"/>
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        <currencyConditional curCd="CAD" exchangeRt="1.401850"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CONTEMPORARY AMPEREX TECH-A SHS QFII</name>
        <lei>300300KINDY1K0E9I032</lei>
        <title>CONTEMPORARY AMPEREX TECHN A COMMON STOCK CNY1.0</title>
        <cusip>TC8B1BKH7</cusip>
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        <currencyConditional curCd="CNY" exchangeRt="6.752450"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CREDICORP LTD</name>
        <lei>529900UYAEYQCQ2BKB17</lei>
        <title>CREDICORP LTD COMMON STOCK USD5.0</title>
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        <curCd>USD</curCd>
        <valUSD>58484.680000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CSL LTD</name>
        <lei>529900ECSECK5ZDQTE14</lei>
        <title>CSL LTD COMMON STOCK</title>
        <cusip>126379999</cusip>
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          <isin value="AU000000CSL8"/>
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        <balance>564.000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.421161"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CTBC FINANCIAL HOLDING CO LTD</name>
        <lei>549300IWDYIFW6JXM387</lei>
        <title>CTBC FINANCIAL HOLDING CO LT COMMON STOCK TWD10.0</title>
        <cusip>1694TW990</cusip>
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          <isin value="TW0002891009"/>
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        <currencyConditional curCd="TWD" exchangeRt="32.319000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CUMMINS INDIA LTD</name>
        <lei>3358002PR6NKJRU4YS77</lei>
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        <currencyConditional curCd="INR" exchangeRt="95.415000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>DAIFUKU CO LTD</name>
        <lei>3538006FG1W4X3MYHL36</lei>
        <title>DAIFUKU CO LTD COMMON STOCK</title>
        <cusip>233JP4995</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>DAIICHI SANKYO CO LTD</name>
        <lei>353800XGIU2IHQGC9504</lei>
        <title>DAIICHI SANKYO CO LTD COMMON STOCK</title>
        <cusip>JP0J7D918</cusip>
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        <currencyConditional curCd="JPY" exchangeRt="159.105000"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>DAIMLER TRUCK HOLDING AG</name>
        <lei>529900PW78JIYOUBSR24</lei>
        <title>DAIMLER TRUCK HOLDING AG COMMON STOCK</title>
        <cusip>TC8AUC3B7</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>DANONE</name>
        <lei>969500KMUQ2B6CBAF162</lei>
        <title>DANONE COMMON STOCK EUR.25</title>
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        <fairValLevel>2</fairValLevel>
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        <name>DB INSURANCE CO LTD</name>
        <lei>9884000ZF26VNJBWSJ91</lei>
        <title>DB INSURANCE CO LTD COMMON STOCK KRW500.0</title>
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        <fairValLevel>2</fairValLevel>
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        <name>DBS GROUP HOLDINGS LTD</name>
        <lei>5493007FKT78NKPM5V55</lei>
        <title>DBS GROUP HOLDINGS LTD COMMON STOCK</title>
        <cusip>251SG9983</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>DEFINITY FINANCIAL CORP</name>
        <lei>984500D5F3FC49D00C44</lei>
        <title>DEFINITY FINANCIAL CORP COMMON STOCK</title>
        <cusip>TC25PJBU4</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>DELTA ELECTRONICS INC</name>
        <lei>529900UVZWNWGDLJSM52</lei>
        <title>DELTA ELECTRONICS INC COMMON STOCK TWD10.0</title>
        <cusip>2476TW991</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>DENSO CORP</name>
        <lei>549300RYPA10CQM3QK38</lei>
        <title>DENSO CORP COMMON STOCK</title>
        <cusip>248JP9997</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>DEUTSCHE BOERSE AG</name>
        <lei>529900G3SW56SHYNPR95</lei>
        <title>DEUTSCHE BOERSE AG COMMON STOCK</title>
        <cusip>2519DE995</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>DEUTSCHE TELEKOM AG-REG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DHL GROUP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DIAGEO PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DISCO CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
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      </invstOrSec>
      <invstOrSec>
        <name>FAIRFAX FINANCIAL HLDGS LTD</name>
        <lei>GLS7OQD0WOEDI8YAP031</lei>
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        <cusip>3039CA992</cusip>
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          <isin value="CA3039011026"/>
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        <currencyConditional curCd="CAD" exchangeRt="1.401850"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FANUC CORP</name>
        <lei>529900QTSW745LOKW705</lei>
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        <cusip>307JPY990</cusip>
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          <isin value="JP3802400006"/>
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        <balance>600.000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.105000"/>
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        <pctVal>0.0689773165</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FAST RETAILING CO LTD</name>
        <lei>353800ZCXKHDPY0N5218</lei>
        <title>FAST RETAILING CO LTD COMMON STOCK</title>
        <cusip>3129JP991</cusip>
        <identifiers>
          <isin value="JP3802300008"/>
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        <balance>200.000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.105000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FERRARI NV</name>
        <lei>549300RIVY5EX8RCON76</lei>
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        <cusip>N3167Y103</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FIRST ABU DHABI BANK PJSC</name>
        <lei>2138002Y3WMK6RZS8H90</lei>
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        <cusip>AE6624471</cusip>
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          <isin value="AEN000101016"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FIRST QUANTUM MINERALS LTD</name>
        <lei>549300I7UVBGWRYMYZ18</lei>
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          <isin value="CA3359341052"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FIRSTRAND LTD</name>
        <lei>529900XYOP8CUZU7R671</lei>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FOMENTO ECONOMICO MEXICA-UBD</name>
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        <title>FOMENTO ECONOMICO MEXICA UBD UNIT</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FORTIS INC</name>
        <lei>549300MQYQ9Y065XPR71</lei>
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        <cusip>CA2347206</cusip>
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          <isin value="CA3495531079"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FORTUM OYJ</name>
        <lei>635400IUIZZIUJSAMF76</lei>
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        <cusip>349FI9991</cusip>
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          <isin value="FI0009007132"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FRANCO-NEVADA CORP</name>
        <lei>98450064C1B5D3E94864</lei>
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        <cusip>CA29NF311</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>FUBON FINANCIAL HOLDING CO</name>
        <lei>549300G7Y2TS2XNIB476</lei>
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        <cusip>3595TW997</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>FUJIKURA LTD</name>
        <lei>353800PSDZ8VRCKVPL51</lei>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GALDERMA GROUP AG</name>
        <lei>89450001OK6O8ELQ4584</lei>
        <title>GALDERMA GROUP AG COMMON STOCK CHF.01</title>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>GALP ENERGIA SGPS SA</name>
        <lei>2138003319Y7NM75FG53</lei>
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        <cusip>PT1FW7519</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>PT</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>GENERALI</name>
        <lei>549300X5UKJVE386ZB61</lei>
        <title>GENERALI COMMON STOCK</title>
        <cusip>045429982</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>IT</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>GIVAUDAN-REG</name>
        <lei>213800SVRMQA1TD91D41</lei>
        <title>GIVAUDAN REG COMMON STOCK CHF10.0</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>GLENCORE PLC</name>
        <lei>2138002658CPO9NBH955</lei>
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        <invCountry>JE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>GOODMAN GROUP</name>
        <lei>N/A</lei>
        <title>GOODMAN GROUP REIT</title>
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        <fairValLevel>2</fairValLevel>
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        <name>GREAT-WEST LIFECO INC</name>
        <lei>549300X81X4VZEESFU46</lei>
        <title>GREAT WEST LIFECO INC COMMON STOCK</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>GRUPO AEROPORTUARIO DEL PACIFICO-B SHS</name>
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        <assetCat>EC</assetCat>
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        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>GRUPO MEXICO SAB DE CV-SER B</name>
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        <assetCat>EC</assetCat>
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        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GSK PLC</name>
        <lei>5493000HZTVUYLO1D793</lei>
        <title>GSK PLC COMMON STOCK</title>
        <cusip>377GB9991</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HALEON PLC</name>
        <lei>549300PSB3WWEODCUP19</lei>
        <title>HALEON PLC COMMON STOCK GBP.01</title>
        <cusip>TC4892PH5</cusip>
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          <isin value="GB00BMX86B70"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HALMA PLC</name>
        <lei>2138007FRGLUR9KGBT40</lei>
        <title>HALMA PLC COMMON STOCK GBP.1</title>
        <cusip>GB0405208</cusip>
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          <isin value="GB0004052071"/>
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        <balance>582.000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.741977"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HANA FINANCIAL GROUP</name>
        <lei>N/A</lei>
        <title>HANA FINANCIAL GROUP COMMON STOCK KRW5000.0</title>
        <cusip>KR0RNRF59</cusip>
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          <isin value="KR7086790003"/>
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        <balance>377.000000</balance>
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        <currencyConditional curCd="KRW" exchangeRt="1425.700000"/>
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        <pctVal>0.0929715415</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HANNOVER RUECK SE</name>
        <lei>529900KIN5BE45V5KB18</lei>
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          <isin value="DE0008402215"/>
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        <balance>460.000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HANWHA AEROSPACE CO LTD</name>
        <lei>9884001NSUA8FQKQWR25</lei>
        <title>HANWHA AEROSPACE CO LTD COMMON STOCK KRW5000.0</title>
        <cusip>KR6772676</cusip>
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          <isin value="KR7012450003"/>
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        <currencyConditional curCd="KRW" exchangeRt="1425.700000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HDFC BANK LTD-ADR</name>
        <lei>335800ZQ6I4E2JXENC50</lei>
        <title>HDFC BANK LTD ADR ADR</title>
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          <isin value="US40415F1012"/>
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        <balance>4374.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>104669.820000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HEIDELBERG MATERIALS AG</name>
        <lei>LZ2C6E0W5W7LQMX5ZI37</lei>
        <title>HEIDELBERG MATERIALS AG COMMON STOCK</title>
        <cusip>422DE9990</cusip>
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          <isin value="DE0006047004"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HERMES INTERNATIONAL</name>
        <lei>969500Y4IJGHJE2MTJ13</lei>
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          <isin value="FR0000052292"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HINDUSTAN UNILEVER LIMITED</name>
        <lei>5493007IW5N37IKRPM32</lei>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HITACHI LTD</name>
        <lei>549300T6IPOCDWLKC615</lei>
        <title>HITACHI LTD COMMON STOCK</title>
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        <identifiers>
          <isin value="JP3788600009"/>
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        <currencyConditional curCd="JPY" exchangeRt="159.105000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HOLCIM LTD-REG</name>
        <lei>529900EHPFPYHV6IQO98</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>HON HAI PRECISION-GDR REG S GDR</name>
        <lei>30030004CM3GSZXX7O56</lei>
        <title>HON HAI PRECISION GDR REG S GDR</title>
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        <curCd>USD</curCd>
        <valUSD>87378.880000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>HONG KONG EXCHANGES &amp; CLEAR</name>
        <lei>213800YTVSXYQN17BW16</lei>
        <title>HONG KONG EXCHANGES + CLEAR COMMON STOCK</title>
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        <currencyConditional curCd="HKD" exchangeRt="7.842400"/>
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        <assetCat>EC</assetCat>
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        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>HONGFA TECHNOLOGY CO LTD-A SHS QFII</name>
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        <cusip>TC6LSAJQ2</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>HOYA CORP</name>
        <lei>353800X4VR3BHEUCJB42</lei>
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        <cusip>438JP9997</cusip>
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        <assetCat>EC</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC HOLDINGS PLC COMMON STOCK USD.5</title>
        <cusip>404278988</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>HYUNDAI MOTOR CO</name>
        <lei>9884004RQX8PRBXQ8S60</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>IBERDROLA SA</name>
        <lei>5QK37QC7NWOJ8D7WVQ45</lei>
        <title>IBERDROLA SA COMMON STOCK EUR.75</title>
        <cusip>450ES9998</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>IBIDEN CO LTD</name>
        <lei>52990051DBFIQEY37C91</lei>
        <title>IBIDEN CO LTD COMMON STOCK</title>
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        <fairValLevel>2</fairValLevel>
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        <name>ICICI BANK LTD-SPON ADR</name>
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        <title>ICICI BANK LTD SPON ADR ADR</title>
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        <fairValLevel>1</fairValLevel>
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        <name>IMPERIAL BRANDS PLC</name>
        <lei>549300DFVPOB67JL3A42</lei>
        <title>IMPERIAL BRANDS PLC COMMON STOCK GBP.1</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>INDUSTRIA DE DISENO TEXTIL</name>
        <lei>549300TTCXZOGZM2EY83</lei>
        <title>INDUSTRIA DE DISENO TEXTIL COMMON STOCK EUR.03</title>
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        <assetCat>EC</assetCat>
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        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>INFINEON TECHNOLOGIES AG</name>
        <lei>TSI2PJM6EPETEQ4X1U25</lei>
        <title>INFINEON TECHNOLOGIES AG COMMON STOCK</title>
        <cusip>456DE9981</cusip>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>INTERCONTINENTAL HOTELS GROU</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>L OREAL</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>LEGRAND SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LENOVO GROUP LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>LG CHEM LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LLOYDS BANKING GROUP PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LOCALIZA RENT A CAR</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LONDON STOCK EXCHANGE GROUP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LONZA GROUP AG-REG</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>LVMH MOET HENNESSY LOUIS VUITTON SE</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>MERCEDES-BENZ GROUP AG</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>MITSUBISHI ESTATE CO LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MITSUBISHI HEAVY INDUSTRIES</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MITSUBISHI UFJ FINANCIAL GRO</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MITSUI FUDOSAN CO LTD</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MIZUHO FINANCIAL GROUP INC</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>MS&amp;AD INSURANCE GROUP HOLDINGS INC</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>MTN GROUP LTD</name>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>MUENCHENER RUECKVER AG-REG</name>
        <lei>529900MUF4C20K50JS49</lei>
        <title>MUENCHENER RUECKVER AG REG COMMON STOCK</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>MURATA MANUFACTURING CO LTD</name>
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          <isin value="JP3914400001"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>NASPERS LTD-N SHS</name>
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        <assetCat>EC</assetCat>
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        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>NATIONAL AUSTRALIA BANK LTD</name>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>NATIONAL BANK OF CANADA</name>
        <lei>BSGEFEIOM18Y80CKCV46</lei>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>NATIONAL BANK OF KUWAIT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NATIONAL GRID PLC</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Nebius Group NV</name>
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        <valUSD>57694.230000</valUSD>
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        <fairValLevel>1</fairValLevel>
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        <name>NEC CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>NESTLE SA-REG</name>
        <lei>KY37LUS27QQX7BB93L28</lei>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>NINTENDO CO LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NIPPON SANSO HOLDINGS CORP</name>
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      <invstOrSec>
        <name>NIPPON STEEL CORP</name>
        <lei>35380065QWQ4U2V3PA33</lei>
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        <cusip>653JP6991</cusip>
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          <isin value="JP3381000003"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NOKIA OYJ</name>
        <lei>549300A0JPRWG1KI7U06</lei>
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          <isin value="FI0009000681"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORSK HYDRO ASA</name>
        <lei>549300N1SDN71ZZ8BO45</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NOVARTIS AG-REG</name>
        <lei>5493007HIVTX6SY6XD66</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>NOVO NORDISK A/S-B</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NOVONESIS (NOVOZYMES) B</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NTPC LTD</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NU HOLDINGS LTD/CAYMAN ISL-A</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>NUTRIEN LTD</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OLYMPUS CORP</name>
        <lei>5299000Y52IFDI1I2A21</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>ORANGE</name>
        <lei>969500MCOONR8990S771</lei>
        <title>ORANGE COMMON STOCK EUR4.0</title>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ORIX CORP</name>
        <lei>35380016EMHNBOVYE123</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>ORSTED A/S</name>
        <lei>W9NG6WMZIYEU8VEDOG48</lei>
        <title>ORSTED A/S COMMON STOCK DKK10.0</title>
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        <fairValLevel>2</fairValLevel>
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        <name>OTP BANK PLC</name>
        <lei>529900W3MOO00A18X956</lei>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>PANASONIC HOLDINGS CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PETROLEO BRASILEIRO-SPON ADR</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>PING AN BANK CO LTD A-SHS QFII</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>POWER GRID CORP OF INDIA LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>PRUDENTIAL PLC</name>
        <lei>5493001Z3ZE83NGK8Y12</lei>
        <title>PRUDENTIAL PLC COMMON STOCK GBP.05</title>
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        <fairValLevel>2</fairValLevel>
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        <lei>529900X0H1IO3RS1A464</lei>
        <title>PRYSMIAN SPA COMMON STOCK EUR.1</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>QATAR NATIONAL BANK</name>
        <lei>549300FFSRVBS0SQXY75</lei>
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        <cusip>QA6148191</cusip>
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          <isin value="QA0006929895"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RECKITT BENCKISER GROUP PLC</name>
        <lei>5493003JFSMOJG48V108</lei>
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        <cusip>756GB9992</cusip>
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          <isin value="GB00BSZBP530"/>
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        <balance>614.000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RECRUIT HOLDINGS CO LTD</name>
        <lei>353800R2LRSMVVC4I806</lei>
        <title>RECRUIT HOLDINGS CO LTD COMMON STOCK</title>
        <cusip>TC3Z2O7W2</cusip>
        <identifiers>
          <isin value="JP3970300004"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RELIANCE INDS-SPONS GDR 144A</name>
        <lei>5493003UOETFYRONLG31</lei>
        <title>RELIANCE INDS SPONS GDR 144A GDR</title>
        <cusip>GB16CYP92</cusip>
        <identifiers>
          <isin value="US7594701077"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RELX PLC</name>
        <lei>549300WSX3VBUFFJOO66</lei>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RENESAS ELECTRONICS CORP</name>
        <lei>5299000EPC47VJQOFB81</lei>
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        <cusip>639999978</cusip>
        <identifiers>
          <isin value="JP3164720009"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RESMED INC</name>
        <lei>529900T3QE5253CCXF22</lei>
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        <curCd>USD</curCd>
        <valUSD>47470.500000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RESONA HOLDINGS INC</name>
        <lei>52990067JE75XZCYYT81</lei>
        <title>RESONA HOLDINGS INC COMMON STOCK</title>
        <cusip>2349JP996</cusip>
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          <isin value="JP3500610005"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RHEINMETALL AG</name>
        <lei>5299001OU9CSE29O6S05</lei>
        <title>RHEINMETALL AG COMMON STOCK</title>
        <cusip>DE5334582</cusip>
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          <isin value="DE0007030009"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RIO TINTO PLC</name>
        <lei>213800YOEO5OQ72G2R82</lei>
        <title>RIO TINTO PLC COMMON STOCK GBP.1</title>
        <cusip>767204993</cusip>
        <identifiers>
          <isin value="GB0007188757"/>
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        <balance>774.000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ROCHE HOLDING AG</name>
        <lei>549300U41AUUVOAAOB37</lei>
        <title>ROCHE HOLDING AG COMMON STOCK CHF.001</title>
        <cusip>TC4TITX16</cusip>
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          <isin value="CH1499059983"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ROLLS-ROYCE HOLDINGS PLC</name>
        <lei>213800EC7997ZBLZJH69</lei>
        <title>ROLLS ROYCE HOLDINGS PLC COMMON STOCK GBP.2</title>
        <cusip>775781990</cusip>
        <identifiers>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ROYAL BANK OF CANADA</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>ROYAL BANK OF CANADA COMMON STOCK</title>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>RWE AG</name>
        <lei>529900GB7KCA94ACC940</lei>
        <title>RWE AG COMMON STOCK</title>
        <cusip>749DE4997</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>RYANAIR HOLDINGS PLC</name>
        <lei>635400BR2ROC1FVEBQ56</lei>
        <title>RYANAIR HOLDINGS PLC COMMON STOCK EUR.006</title>
        <cusip>7835IE995</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>IE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>SAFRAN SA</name>
        <lei>969500UIC89GT3UL7L24</lei>
        <title>SAFRAN SA COMMON STOCK EUR.2</title>
        <cusip>786FR9991</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>SAMPO OYJ-A SHS</name>
        <lei>743700UF3RL386WIDA22</lei>
        <title>SAMPO OYJ A SHS COMMON STOCK</title>
        <cusip>795FI9990</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>SAMSUNG BIOLOGICS CO LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SAMSUNG C&amp;T CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SAMSUNG ELECTRONICS GDR REGS</name>
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        <title>SAMSUNG ELECTR GDR REG S GDR</title>
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        <fairValLevel>2</fairValLevel>
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        <name>SAMSUNG ELECTRONICS CO LTD</name>
        <lei>9884007ER46L6N7EI764</lei>
        <title>SAMSUNG ELECTRONICS CO LTD COMMON STOCK KRW100.0</title>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>SAMSUNG LIFE INSURANCE CO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SANDVIK AB</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SANOFI</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SANRIO CO LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SANY HEAVY INDUSTRY CO LTD-A SHS QFII</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SAP SE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SAUDI ARABIAN OIL CO</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>SEGRO PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SEVEN &amp; I HOLDINGS CO LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SG MICRO CORP-H SHS</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SHELL PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>SIEMENS AG-REG</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>SK HYNIX INC</name>
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        <name>TAIWAN SEMICONDUCTOR MANUFAC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TAIWAN SEMICONDUCTOR-SP ADR</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TAKEDA PHARMACEUTICAL CO LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TC ENERGY CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TDK CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TECHTRONIC INDUSTRIES CO LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TELSTRA GROUP LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TENCENT HOLDINGS LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>TESCO PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>THALES SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>THE SAUDI NATIONAL BANK</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TITAN CO LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TOKIO MARINE HOLDINGS INC</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>TOKYO SEIMITSU CO LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>TOTALENERGIES SE</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>TRIP.COM GROUP LTD</name>
        <lei>2549004RMYDSRQL4KW41</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UBS GROUP AG-REG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UCB SA</name>
        <lei>2138008J191VLSGY5A09</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>UNICREDIT SPA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UNILEVER PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNIMICRON TECHNOLOGY CORP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UNITED MICROELECTRONICS CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED OVERSEAS BANK LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UPM-KYMMENE OYJ</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VALE SA ADR</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>VAT GROUP AG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VINCI SA</name>
        <lei>213800WFQ334R8UXUG83</lei>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>YAGEO CORPORATION</name>
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        <valUSD>15051.300000</valUSD>
        <pctVal>0.0429410704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YANTAI JEREH OILFIELD-A SHS QFII</name>
        <lei>300300QPHWK638H2EU20</lei>
        <title>YANTAI JEREH OILFIELD A COMMON STOCK CNY1.0</title>
        <cusip>TC91UE330</cusip>
        <identifiers>
          <isin value="CNE100000L55"/>
        </identifiers>
        <balance>1900.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.752450"/>
        <valUSD>37878.180000</valUSD>
        <pctVal>0.1080657216</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YOKOGAWA ELECTRIC CORP</name>
        <lei>529900MV0U7C9WWF4L22</lei>
        <title>YOKOGAWA ELECTRIC CORP COMMON STOCK</title>
        <cusip>045JP9992</cusip>
        <identifiers>
          <isin value="JP3955000009"/>
        </identifiers>
        <balance>1000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.105000"/>
        <valUSD>35664.700000</valUSD>
        <pctVal>0.1017507056</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YUM CHINA HOLDINGS INC</name>
        <lei>529900DO9BYZ7VA3K502</lei>
        <title>YUM CHINA HOLDINGS INC COMMON STOCK USD.01</title>
        <cusip>98850P109</cusip>
        <identifiers>
          <isin value="US98850P1093"/>
        </identifiers>
        <balance>750.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.842400"/>
        <valUSD>35538.370000</valUSD>
        <pctVal>0.1013902885</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHONGJI INNOLIGHT CO LTD-A SHS QFII</name>
        <lei>655600K7YZDKAI214O83</lei>
        <title>ZHONGJI INNOLIGHT CO LTD A COMMON STOCK CNY1.0</title>
        <cusip>TC4E4CMW5</cusip>
        <identifiers>
          <isin value="CNE100001CY9"/>
        </identifiers>
        <balance>400.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.752450"/>
        <valUSD>53227.390000</valUSD>
        <pctVal>0.1518567235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZHONGJI INNOLIGHT CO LTD-H SHS</name>
        <lei>655600K7YZDKAI214O83</lei>
        <title>ZHONGJI INNOLIGHT CO LTD H COMMON STOCK CNY1.0</title>
        <cusip>TC4GDK3R4</cusip>
        <identifiers>
          <isin value="CNE100007SR6"/>
        </identifiers>
        <balance>250.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.842400"/>
        <valUSD>32770.580000</valUSD>
        <pctVal>0.0934938367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZIJIN MINING GROUP CO LTD-H SHS</name>
        <lei>836800JRNL2393Z2I561</lei>
        <title>ZIJIN MINING GROUP CO LTD H COMMON STOCK CNY.1</title>
        <cusip>CN6725292</cusip>
        <identifiers>
          <isin value="CNE100000502"/>
        </identifiers>
        <balance>16000.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.842400"/>
        <valUSD>67935.670000</valUSD>
        <pctVal>0.1938191645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZURICH INSURANCE GROUP AG</name>
        <lei>529900QVNRBND50TXP03</lei>
        <title>ZURICH INSURANCE GROUP AG COMMON STOCK CHF.1</title>
        <cusip>0011CH999</cusip>
        <identifiers>
          <isin value="CH0011075394"/>
        </identifiers>
        <balance>97.000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.808450"/>
        <valUSD>73887.620000</valUSD>
        <pctVal>0.2107999637</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-09-02</ncom:dateSigned>
      <ncom:nameOfApplicant>T. Rowe Price Exchange-Traded Funds, Inc.</ncom:nameOfApplicant>
      <ncom:signature>/s/ Alan Dupski</ncom:signature>
      <ncom:signerName>Alan Dupski</ncom:signerName>
      <ncom:title>Treasurer &amp; Vice President</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
