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        <fairValLevel>2</fairValLevel>
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        <name>CLAL INSURANCE ENTERPRISES HOLDINGS LIMITED</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DELEK GROUP LTD.</name>
        <lei>213800CYKA4XE2HZZB09</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Qualitau Ltd</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>DANEL (ADIR YEOSHUA) LTD</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DELTA GALIL INDUSTRIES LTD.</name>
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        <title>DELTA GALIL LTD</title>
        <cusip>N/A</cusip>
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          <isin value="IL0006270347"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DELEK AUTOMOTIVE SYSTEMS LTD.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HILAN LTD</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <isin value="IL0010846983"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ELECTRA LTD</name>
        <lei>2138005T746J61F84918</lei>
        <title>ELECTRA LTD ISRAEL</title>
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          <isin value="IL0007390375"/>
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        <assetCat>EC</assetCat>
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        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STRAUSS GROUP LTD</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <isin value="IL0007460160"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SUMMIT REAL ESTATE HOLDINGS LTD</name>
        <lei>254900R2MAR4ZEW3DO03</lei>
        <title>SUMMIT REAL ESTATE HOLDINGS LTD</title>
        <cusip>M8705C134</cusip>
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          <isin value="IL0010816861"/>
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        <invCountry>IL</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ELCO LTD</name>
        <lei>N/A</lei>
        <title>ELCO LTD</title>
        <cusip>N/A</cusip>
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        <invCountry>IL</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>ELBIT SYSTEMS LTD</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>TOWER SEMICONDUCTOR LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FIBI HOLDINGS LTD</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>FORMULA SYSTEMS (1985) LTD</name>
        <lei>N/A</lei>
        <title>FORMULA SYSTEMS 1985 LTD</title>
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          <isin value="IL0002560162"/>
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        <fairValLevel>1</fairValLevel>
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        <name>PARTNER COMMUNICATIONS COMPANY LTD.</name>
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        <title>PARTNER COMMUNICATIONS CO LTD</title>
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        <fairValLevel>2</fairValLevel>
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        <name>HAREL INSURANCE INVESTMENTS &amp; FINANCIAL SERVICES LTD</name>
        <lei>213800BDNN3W11SXXD60</lei>
        <title>HAREL INSURANCE INVESTMENTS FINANCIAL SERVICES L</title>
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        <fairValLevel>2</fairValLevel>
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        <name>MIVNE REAL ESTATE (K.D) LTD</name>
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        <title>MIVNE REAL ESTATE KD LTD</title>
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        <fairValLevel>2</fairValLevel>
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        <name>ISRAEL DISCOUNT BANK LIMITED</name>
        <lei>549300XWZ7BG5G23OF51</lei>
        <title>ISRAEL DISCOUNT BANK LTD</title>
        <cusip>465074201</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>ICL GROUP LTD</name>
        <lei>529900FQVQD88SHIGM04</lei>
        <title>ICL GROUP LTD</title>
        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>PHOENIX FINANCIAL LTD</name>
        <lei>254900IUA68QTCFYHE30</lei>
        <title>PHOENIX FINANCIAL LTD</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ISRAS INVESTMENT COMPANY LTD.</name>
        <lei>N/A</lei>
        <title>ISRAS INVESTMENT CO LTD</title>
        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ISROTEL LTD.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MIGDAL INSURANCE AND FINANCIAL HOLDINGS LTD</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NOVA LTD</name>
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        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>FOX - WIZEL LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MELISRON LIMITED</name>
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          <isin value="IL0003230146"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MENORA MIVTACHIM HOLDINGS LTD.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>G CITY LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MIVTAH SHAMIR HOLDINGS LTD.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EL AL ISRAEL AIRLINES LTD</name>
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          <isin value="IL0010878242"/>
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        <fairValLevel>2</fairValLevel>
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        <name>NICE LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>EQUITAL LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PRIORTECH LTD</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>ISRAEL CANADA (T.R) LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MATRIX I.T. LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ENLIGHT RENEWABLE ENERGY LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Scope Metals Group Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>ISRAEL CORPORATION LTD.</name>
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        <title>ISRAEL CORP LTD</title>
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        <fairValLevel>2</fairValLevel>
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        <name>MIZRAHI TEFAHOT BANK LTD</name>
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        <title>MIZRAHI TEFAHOT BANK LTD</title>
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        <fairValLevel>2</fairValLevel>
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        <name>ONE SOFTWARE TECHNOLOGIES LTD</name>
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        <title>ONE SOFTWARE TECHNOLOGIES LTD</title>
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        <fairValLevel>1</fairValLevel>
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        <name>TEVA PHARMACEUTICAL INDUSTRIES LIMITED...</name>
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        <title>TEVA PHARMACEUTICAL INDUSTRIES LTD</title>
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        <fairValLevel>1</fairValLevel>
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        <name>GILAT SATELLITE NETWORKS LTD.</name>
        <lei>N/A</lei>
        <title>GILAT SATELLITE NETWORKS LTD</title>
        <cusip>M51474118</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Y.H. DIMRI, Construction and Development Ltd....</name>
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        <title>YH DIMRI CONSTRUCTION DEVELOPMENT LTD</title>
        <cusip>N/A</cusip>
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          <isin value="IL0010903156"/>
          <other otherDesc="Internal" value="B02SX80"/>
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        <valUSD>2654910.02000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ELECTRA REAL ESTATE LTD</name>
        <lei>N/A</lei>
        <title>ELECTRA REAL ESTATE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010940448"/>
          <other otherDesc="Internal" value="B0H5D31"/>
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        <balance>69084.00000000</balance>
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        <valUSD>525851.71000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>I.B.I INVESTMENT HOUSE LTD</name>
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        <title>IBI INVESTMENT HOUSE LTD</title>
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        <identifiers>
          <isin value="IL0001750186"/>
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        <balance>7663.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CAMTEK LTD</name>
        <lei>5493000H80W07HCKGS43</lei>
        <title>CAMTEK LTD ISRAEL</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010952641"/>
          <other otherDesc="Internal" value="B0WG737"/>
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        <balance>62340.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AIRPORT CITY LTD</name>
        <lei>N/A</lei>
        <title>AIRPORT CITY LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010958358"/>
          <other otherDesc="Internal" value="B0Z7M21"/>
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        <balance>116955.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AMOT INVESTMENTS LTD.</name>
        <lei>N/A</lei>
        <title>AMOT INVESTMENTS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010972789"/>
          <other otherDesc="Internal" value="B18MCB9"/>
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        <balance>539844.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>AFRICA ISRAEL RESIDENCES LTD</name>
        <lei>N/A</lei>
        <title>AFRICA ISRAEL RESIDENCES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010979487"/>
          <other otherDesc="Internal" value="B1JLLZ2"/>
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        <balance>13828.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BIG SHOPPING CENTERS LTD</name>
        <lei>N/A</lei>
        <title>BIG SHOPPING CENTERS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010972607"/>
          <other otherDesc="Internal" value="B1KZR22"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PAZ RETAIL AND ENERGY LTD</name>
        <lei>N/A</lei>
        <title>PAZ RETAIL AND ENERGY LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011000077"/>
          <other otherDesc="Internal" value="B1L3K60"/>
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        <balance>22259.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BLUE SQUARE REAL ESTATE LTD</name>
        <lei>N/A</lei>
        <title>BLUE SQUARE REAL ESTATE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010985658"/>
          <other otherDesc="Internal" value="B1NV2H7"/>
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        <balance>10570.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REIT 1 LTD</name>
        <lei>N/A</lei>
        <title>REIT 1 LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010989205"/>
          <other otherDesc="Internal" value="B1NYV46"/>
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        <balance>437922.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OIL REFINERIES LTD.</name>
        <lei>213800CWUC7NV7VR3D03</lei>
        <title>OIL REFINERIES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0025902482"/>
          <other otherDesc="Internal" value="B1S0581"/>
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        <balance>4727206.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CELLCOM ISRAEL LTD.</name>
        <lei>N/A</lei>
        <title>CELLCOM ISRAEL LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011015349"/>
          <other otherDesc="Internal" value="B23WQK8"/>
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        <balance>249171.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MEGA OR HOLDINGS LTD</name>
        <lei>N/A</lei>
        <title>MEGA OR HOLDINGS LTD</title>
        <cusip>N/A</cusip>
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          <isin value="IL0011044885"/>
          <other otherDesc="Internal" value="B2N78D0"/>
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        <balance>54016.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SELLA CAPITAL REAL ESTATE LTD</name>
        <lei>N/A</lei>
        <title>SELLA CAPITAL REAL ESTATE LTD</title>
        <cusip>M8274U101</cusip>
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          <isin value="IL0011096448"/>
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        <assetCat>EC</assetCat>
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        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Neto Malinda Trading Ltd</name>
        <lei>N/A</lei>
        <title>NETO MALINDA TRADING LTD</title>
        <cusip>M73551109</cusip>
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          <isin value="IL0011050973"/>
          <other otherDesc="Internal" value="B3CR0Y3"/>
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        <balance>23852.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PRASHKOVSKY INVESTMENTS AND CONSTRUCTION LTD</name>
        <lei>N/A</lei>
        <title>PRASHKOVSKY INVESTMENTS AND CONSTRUCTION LTD</title>
        <cusip>N/A</cusip>
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          <isin value="IL0011021289"/>
          <other otherDesc="Internal" value="B3CR140"/>
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        <assetCat>EC</assetCat>
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        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>RAMI LEVI CHAIN STORES HASHIKMA MARKETING 2006 LTD</name>
        <lei>N/A</lei>
        <title>RAMI LEVY CHAIN STORES HASHIKMA MARKETING 2006 LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011042491"/>
          <other otherDesc="Internal" value="B3CR162"/>
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        <assetCat>EC</assetCat>
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        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ENERGIX - RENEWABLE ENERGIES LTD</name>
        <lei>N/A</lei>
        <title>ENERGIX RENEWABLE ENERGIES LTD</title>
        <cusip>N/A</cusip>
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          <isin value="IL0011233553"/>
          <other otherDesc="Internal" value="B469X43"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ELECTRA CONSUMER PRODUCTS (1970) LTD</name>
        <lei>N/A</lei>
        <title>ELECTRA CONSUMER PRODUCTS 1970 LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0050101299"/>
          <other otherDesc="Internal" value="B536CY7"/>
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        <balance>26831.00000000</balance>
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        <valUSD>591083.80000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AZRIELI GROUP LTD.</name>
        <lei>N/A</lei>
        <title>AZRIELI GROUP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011194789"/>
          <other otherDesc="Internal" value="B5MN1W0"/>
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        <balance>94841.00000000</balance>
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        <valUSD>12559241.68000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CARASSO MOTORS LTD</name>
        <lei>N/A</lei>
        <title>CARASSO MOTORS LTD</title>
        <cusip>M2102C102</cusip>
        <identifiers>
          <isin value="IL0011238503"/>
          <other otherDesc="Internal" value="B5MTMX6"/>
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        <balance>76027.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>I.D.I. INSURANCE COMPANY LTD</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TAMAR PETROLEUM LTD</name>
        <lei>N/A</lei>
        <title>TAMAR PETROLEUM LTD</title>
        <cusip>N/A</cusip>
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          <isin value="IL0011413577"/>
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        <payoffProfile>Long</payoffProfile>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Y.D. MORE INVESTMENTS LTD</name>
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          <isin value="IL0011414641"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OPC Energy Ltd.</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <isin value="IL0011415713"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FATTAL HOLDINGS (1998) LTD</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011434292"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
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        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Isracard Ltd.</name>
        <lei>N/A</lei>
        <title>ISRACARD LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011574030"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>THE TEL-AVIV STOCK EXCHANGE LTD</name>
        <lei>N/A</lei>
        <title>TEL AVIV STOCK EXCHANGE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011590291"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>M.YOCHANANOF AND SONS (1988) LTD</name>
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        <title>M YOCHANANOF SONS LTD</title>
        <cusip>N/A</cusip>
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          <isin value="IL0011612640"/>
          <other otherDesc="Internal" value="BK6FDL0"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Turpaz Industries Ltd</name>
        <lei>N/A</lei>
        <title>TURPAZ INDUSTRIES LTD</title>
        <cusip>M8893V118</cusip>
        <identifiers>
          <isin value="IL0011756116"/>
          <other otherDesc="Internal" value="BKPH801"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KVUTZAT ACRO LTD</name>
        <lei>N/A</lei>
        <title>KVUTZAT ACRO LTD</title>
        <cusip>N/A</cusip>
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          <isin value="IL0011849028"/>
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        <assetCat>EC</assetCat>
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        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Retailors Ltd</name>
        <lei>N/A</lei>
        <title>RETAILORS LTD</title>
        <cusip>N/A</cusip>
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          <isin value="IL0011754889"/>
          <other otherDesc="Internal" value="BMC2Y16"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MAX STOCK LTD.</name>
        <lei>N/A</lei>
        <title>MAX STOCK LTD</title>
        <cusip>M6S71H109</cusip>
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          <isin value="IL0011685588"/>
          <other otherDesc="Internal" value="BMC5RW7"/>
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        <assetCat>EC</assetCat>
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        <invCountry>IL</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SHIKUN &amp; BINUI ENERGY LTD</name>
        <lei>N/A</lei>
        <title>SHIKUN BINUI SOLTEC RENEWABLE ENERGY</title>
        <cusip>M8288B131</cusip>
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          <isin value="IL0011882425"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MESHEK ENERGY-RENEWABLE ENERGIES LTD</name>
        <lei>N/A</lei>
        <title>MESHEK ENERGY RENEWABLE ENERGIES LTD</title>
        <cusip>M6967X101</cusip>
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          <isin value="IL0011669749"/>
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        <fairValLevel>2</fairValLevel>
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        <name>DORAL GROUP RENEWABLE ENERGY RESOURCES LTD</name>
        <lei>N/A</lei>
        <title>DORAL GROUP RENEWABLE ENERGY RESOURCES LTD</title>
        <cusip>M2841E104</cusip>
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          <isin value="IL0011667685"/>
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        <fairValLevel>2</fairValLevel>
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        <name>O.Y. NOFAR ENERGY LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NAYAX LTD</name>
        <lei>N/A</lei>
        <title>NAYAX LTD</title>
        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>ASHTROM GROUP LTD.</name>
        <lei>N/A</lei>
        <title>ASHTROM GROUP LTD</title>
        <cusip>N/A</cusip>
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          <isin value="IL0011323156"/>
          <other otherDesc="Internal" value="BN5SBF1"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Next Vision Stabilized Systems Ltd</name>
        <lei>2549001OCAI48UYCZD40</lei>
        <title>NEXT VISION STABILIZED SYSTEMS LTD</title>
        <cusip>N/A</cusip>
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        <invCountry>IL</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>ISRAS HOLDINGS LTD</name>
        <lei>N/A</lei>
        <title>ISRAS HOLDINGS LTD</title>
        <cusip>N/A</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>IL</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>INROM CONSTRUCTION INDUSTRIES LTD</name>
        <lei>N/A</lei>
        <title>INROM CONSTRUCTION INDUSTRIES LTD</title>
        <cusip>N/A</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>IL</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
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        <name>DANYA CEBUS LTD</name>
        <lei>N/A</lei>
        <title>DANYA CEBUS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011731374"/>
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        <balance>25171.00000000</balance>
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        <valUSD>897011.55000000</valUSD>
        <pctVal>0.099969794503</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Argo Properties N.V.</name>
        <lei>724500VWIAC6N6VHCK55</lei>
        <title>ARGO PROPERTIES NV</title>
        <cusip>N3945B102</cusip>
        <identifiers>
          <isin value="NL0015000D84"/>
          <other otherDesc="Internal" value="BNNFQG0"/>
        </identifiers>
        <balance>42140.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.98995000"/>
        <valUSD>1847652.39000000</valUSD>
        <pctVal>0.205916445269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="333182.49908800"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMRAM AVRAHAM CONSTRUCTION COMPANY LTD</name>
        <lei>N/A</lei>
        <title>AMRAM AVRAHAM CONSTRUCTION CO LTD</title>
        <cusip>M1R41K135</cusip>
        <identifiers>
          <isin value="IL0011882003"/>
          <other otherDesc="Internal" value="BR10WN4"/>
        </identifiers>
        <balance>60011.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.98995000"/>
        <valUSD>725600.17000000</valUSD>
        <pctVal>0.080866405662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="247553.57985300"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RP Optical Lab Ltd</name>
        <lei>254900M645YQ3JTE3I93</lei>
        <title>RP OPTICAL LAB LTD</title>
        <cusip>M8218P119</cusip>
        <identifiers>
          <isin value="IL0012224627"/>
          <other otherDesc="Internal" value="BRQQ0K0"/>
        </identifiers>
        <balance>85412.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.98995000"/>
        <valUSD>1017397.50000000</valUSD>
        <pctVal>0.113386521057</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="404257.43870800"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHAPIR ENGINEERING AND INDUSTRY LTD</name>
        <lei>N/A</lei>
        <title>SHAPIR ENGINEERING AND INDUSTRY LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011338758"/>
          <other otherDesc="Internal" value="BTF8CZ0"/>
        </identifiers>
        <balance>313280.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.98995000"/>
        <valUSD>4451442.94000000</valUSD>
        <pctVal>0.496102682239</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENON HOLDINGS LTD.</name>
        <lei>254900N5LVBX92GMVN72</lei>
        <title>KENON HOLDINGS LTD SINGAPORE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG9999012629"/>
          <other otherDesc="Internal" value="BV8WW64"/>
        </identifiers>
        <balance>37207.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.98995000"/>
        <valUSD>2538935.71000000</valUSD>
        <pctVal>0.282958319974</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>eToro Group Ltd.</name>
        <lei>213800XPRPJK2X5QRG86</lei>
        <title>ETORO GROUP LTD</title>
        <cusip>G32089107</cusip>
        <identifiers>
          <isin value="VGG320891077"/>
          <other otherDesc="Internal" value="G32089107"/>
        </identifiers>
        <balance>97888.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3130458.24000000</valUSD>
        <pctVal>0.348882092938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1291992.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cellebrite DI Ltd</name>
        <lei>254900G03462YGP1IO36</lei>
        <title>CELLEBRITE DI LTD</title>
        <cusip>M2197Q107</cusip>
        <identifiers>
          <isin value="IL0011794802"/>
          <other otherDesc="Internal" value="M2197Q107"/>
        </identifiers>
        <balance>272475.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3269700.00000000</valUSD>
        <pctVal>0.364400254475</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHECK POINT SOFTWARE TECHNOLOGIES LTD.</name>
        <lei>2549003ZVBH73EPNS513</lei>
        <title>CHECK POINT SOFTWARE TECHNOLOGIES LTD</title>
        <cusip>M22465104</cusip>
        <identifiers>
          <isin value="IL0010824113"/>
          <other otherDesc="Internal" value="M22465104"/>
        </identifiers>
        <balance>170097.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>23628174.27000000</valUSD>
        <pctVal>2.633303580382</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Global-E Online Ltd.</name>
        <lei>N/A</lei>
        <title>GLOBAL E ONLINE LTD</title>
        <cusip>M5216V106</cusip>
        <identifiers>
          <isin value="IL0011741688"/>
          <other otherDesc="Internal" value="M5216V106"/>
        </identifiers>
        <balance>239360.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8940096.00000000</valUSD>
        <pctVal>0.996352343466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>InMode Ltd.</name>
        <lei>984500DD95A35E9BD358</lei>
        <title>INMODE LTD</title>
        <cusip>M5425M103</cusip>
        <identifiers>
          <isin value="IL0011595993"/>
          <other otherDesc="Internal" value="M5425M103"/>
        </identifiers>
        <balance>125792.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1881848.32000000</valUSD>
        <pctVal>0.209727499982</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="41289.60000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ITURAN LOCATION AND CONTROL LTD.</name>
        <lei>N/A</lei>
        <title>ITURAN LOCATION AND CONTROL LTD</title>
        <cusip>M6158M104</cusip>
        <identifiers>
          <isin value="IL0010818685"/>
          <other otherDesc="Internal" value="M6158M104"/>
        </identifiers>
        <balance>29514.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1504033.44000000</valUSD>
        <pctVal>0.167620934114</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kornit Digital Ltd.</name>
        <lei>5299006DPCQWP3VTFK34</lei>
        <title>KORNIT DIGITAL LTD</title>
        <cusip>M6372Q113</cusip>
        <identifiers>
          <isin value="IL0011216723"/>
          <other otherDesc="Internal" value="M6372Q113"/>
        </identifiers>
        <balance>100216.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1687637.44000000</valUSD>
        <pctVal>0.188083161329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ODDITY TECH LTD</name>
        <lei>254900QH12XZS53G0V57</lei>
        <title>ODDITY TECH LTD</title>
        <cusip>M7518J104</cusip>
        <identifiers>
          <isin value="IL0011974909"/>
          <other otherDesc="Internal" value="M7518J104"/>
        </identifiers>
        <balance>85299.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1228305.60000000</valUSD>
        <pctVal>0.136891724994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="724593.60000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>monday.com Ltd.</name>
        <lei>984500MDAFVD86E3B328</lei>
        <title>MONDAY COM LTD</title>
        <cusip>M7S64H106</cusip>
        <identifiers>
          <isin value="IL0011762130"/>
          <other otherDesc="Internal" value="M7S64H106"/>
        </identifiers>
        <balance>91904.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9295170.56000000</valUSD>
        <pctVal>1.035924554991</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="7090621.98000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RADWARE LTD.</name>
        <lei>254900LYRZOTBQ99ZG59</lei>
        <title>RADWARE LTD</title>
        <cusip>M81873107</cusip>
        <identifiers>
          <isin value="IL0010834765"/>
          <other otherDesc="Internal" value="M81873107"/>
        </identifiers>
        <balance>75866.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2191010.08000000</valUSD>
        <pctVal>0.244182839621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Riskified Ltd</name>
        <lei>894500GU19M0O0BYWM49</lei>
        <title>RISKIFIED LTD</title>
        <cusip>M8216R109</cusip>
        <identifiers>
          <isin value="IL0011786493"/>
          <other otherDesc="Internal" value="M8216R109"/>
        </identifiers>
        <balance>167988.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1056644.52000000</valUSD>
        <pctVal>0.117760507685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1008022.82000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WIX.COM LTD</name>
        <lei>5493008P6N29Q1AG9464</lei>
        <title>WIX COM LTD</title>
        <cusip>M98068105</cusip>
        <identifiers>
          <isin value="IL0011301780"/>
          <other otherDesc="Internal" value="M98068105"/>
        </identifiers>
        <balance>77762.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6862496.50000000</valUSD>
        <pctVal>0.764808842076</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1950325.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZIM INTEGRATED SHIPPING SERVICES LTD</name>
        <lei>21380089EIJRELKAIL21</lei>
        <title>ZIM INTEGRATED SHIPPING SERVICES LTD</title>
        <cusip>M9T951109</cusip>
        <identifiers>
          <isin value="IL0065100930"/>
          <other otherDesc="Internal" value="M9T951109"/>
        </identifiers>
        <balance>250030.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6850822.00000000</valUSD>
        <pctVal>0.763507746938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EURO STOXX 50 SEP26</name>
        <lei>N/A</lei>
        <title>EURO STOXX 50 SEP26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="VGU6"/>
          <other otherDesc="INTERNAL" value="VGU620268"/>
        </identifiers>
        <balance>46.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86091900"/>
        <valUSD>55651.58000000</valUSD>
        <pctVal>0.006202235652</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Index Future" issuerCat="OTHER"/>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>EUREX DEUTSCHLAND</counterpartyName>
              <counterpartyLei>529900LN3S50JPU47S06</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>EURO STOXX 50 SEP26</indexName>
                <indexIdentifier>STXEU26</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2026-09-21</expDate>
            <notionalAmt>3383719.60000000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>55651.58000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <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>2026-09-30</ncom:dateSigned>
      <ncom:nameOfApplicant>iShares, Inc.</ncom:nameOfApplicant>
      <ncom:signature>Chuck Pulsfort </ncom:signature>
      <ncom:signerName>Chuck Pulsfort </ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
