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      <invstOrSec>
        <name>Danieli &amp; C Officine Meccaniche SpA</name>
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        <title>Danieli &amp; C Officine Meccaniche SpA</title>
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          <isin value="IT0000076502"/>
          <ticker value="DAN"/>
          <other otherDesc="SEDOL" value="4253350"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>North Atlantic Energies</name>
        <lei>969500NI2T909ECQHX32</lei>
        <title>North Atlantic Energies</title>
        <cusip>N/A</cusip>
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          <isin value="FR0000120669"/>
          <ticker value="NAE"/>
          <other otherDesc="SEDOL" value="4320986"/>
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        <balance>47387.0000000000</balance>
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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>International Petroleum Corp</name>
        <lei>54930025D80LU0SMR645</lei>
        <title>International Petroleum Corp</title>
        <cusip>46016U108</cusip>
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          <isin value="CA46016U1084"/>
          <ticker value="IPCO"/>
          <other otherDesc="SEDOL" value="BF0L7J5"/>
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        <balance>635863.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
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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>Corticeira Amorim SGPS SA</name>
        <lei>213800J5M11TDEP3LQ76</lei>
        <title>Corticeira Amorim SGPS SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTCOR0AE0006"/>
          <ticker value="COR"/>
          <other otherDesc="SEDOL" value="4657736"/>
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        <balance>109326.0000000000</balance>
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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>Jaguar Mining Inc</name>
        <lei>549300IRKN0GXIRGS617</lei>
        <title>Jaguar Mining Inc</title>
        <cusip>47009M889</cusip>
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          <isin value="CA47009M8896"/>
          <ticker value="JAG"/>
          <other otherDesc="SEDOL" value="BL64R56"/>
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        <balance>88884.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
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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>Kolibri Global Energy Inc</name>
        <lei>N/A</lei>
        <title>Kolibri Global Energy Inc</title>
        <cusip>50043K406</cusip>
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          <isin value="CA50043K4063"/>
          <ticker value="KEI"/>
          <other otherDesc="SEDOL" value="BPCMJ67"/>
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        <balance>83661.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Metsa Board Oyj</name>
        <lei>743700KKB8Q035K38488</lei>
        <title>Metsa Board Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009000665"/>
          <ticker value="METSB"/>
          <other otherDesc="SEDOL" value="5071432"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Gimv NV</name>
        <lei>549300UFHGFY5IOON989</lei>
        <title>Gimv NV</title>
        <cusip>N/A</cusip>
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          <isin value="BE0003699130"/>
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          <other otherDesc="SEDOL" value="5249080"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sixt SE</name>
        <lei>5299004ZME6CSBR7WP07</lei>
        <title>Sixt SE</title>
        <cusip>N/A</cusip>
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          <isin value="DE0007231326"/>
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          <other otherDesc="SEDOL" value="5260768"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Obrascon Huarte Lain SA</name>
        <lei>95980020140005395317</lei>
        <title>Obrascon Huarte Lain SA</title>
        <cusip>N/A</cusip>
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          <isin value="ES0142090317"/>
          <ticker value="OHLA"/>
          <other otherDesc="SEDOL" value="5379749"/>
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        <balance>14810605.0000000000</balance>
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        <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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      <invstOrSec>
        <name>Cicor Technologies Ltd</name>
        <lei>529900PIIUEUGLYD8P70</lei>
        <title>Cicor Technologies Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0008702190"/>
          <ticker value="CICN"/>
          <other otherDesc="SEDOL" value="5451302"/>
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        <balance>31402.0000000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Vidrala SA</name>
        <lei>95980020140005399488</lei>
        <title>Vidrala SA</title>
        <cusip>N/A</cusip>
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          <isin value="ES0183746314"/>
          <ticker value="VID"/>
          <other otherDesc="SEDOL" value="5466726"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ion Beam Applications</name>
        <lei>5493002RVRZ1S3CPUI26</lei>
        <title>Ion Beam Applications</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003766806"/>
          <ticker value="IBAB"/>
          <other otherDesc="SEDOL" value="5705496"/>
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        <balance>149590.0000000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Suedzucker AG</name>
        <lei>529900S8QNB101D40S72</lei>
        <title>Suedzucker AG</title>
        <cusip>N/A</cusip>
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          <isin value="DE0007297004"/>
          <ticker value="SZU"/>
          <other otherDesc="SEDOL" value="5784462"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Komax Holding AG</name>
        <lei>529900UID9PCQXLG9479</lei>
        <title>Komax Holding AG</title>
        <cusip>N/A</cusip>
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          <isin value="CH0010702154"/>
          <ticker value="KOMN"/>
          <other otherDesc="SEDOL" value="5978630"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Akebono Brake Industry Co Ltd</name>
        <lei>N/A</lei>
        <title>Akebono Brake Industry Co Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="JP3108400007"/>
          <ticker value="7238"/>
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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>Kosaido Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Kosaido Holdings Co Ltd</title>
        <cusip>N/A</cusip>
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          <ticker value="7868"/>
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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>CSE Global Ltd</name>
        <lei>549300CNUGIB5L3RNJ48</lei>
        <title>CSE Global Ltd</title>
        <cusip>N/A</cusip>
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          <ticker value="CSE"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cafe de Coral Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Cafe de Coral Holdings Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="BMG1744V1037"/>
          <ticker value="341"/>
          <other otherDesc="SEDOL" value="6160953"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Eco's Co Ltd/Japan</name>
        <lei>N/A</lei>
        <title>Eco's Co Ltd/Japan</title>
        <cusip>N/A</cusip>
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          <isin value="JP3161180009"/>
          <ticker value="7520"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Macquarie Technology Group Ltd</name>
        <lei>N/A</lei>
        <title>Macquarie Technology Group Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="AU000000MAQ4"/>
          <ticker value="MAQ"/>
          <other otherDesc="SEDOL" value="6175054"/>
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        <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>Chuo Spring Co Ltd</name>
        <lei>N/A</lei>
        <title>Chuo Spring Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3517800003"/>
          <ticker value="5992"/>
          <other otherDesc="SEDOL" value="6196572"/>
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        <balance>42700.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>989481.2900000000</valUSD>
        <pctVal>0.0048267461</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="743404.800000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Servcorp Ltd</name>
        <lei>N/A</lei>
        <title>Servcorp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SRV5"/>
          <ticker value="SRV"/>
          <other otherDesc="SEDOL" value="6196895"/>
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        <balance>21643.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>94999.0300000000</valUSD>
        <pctVal>0.0004634107</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="5954.730000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toyo Gosei Co Ltd</name>
        <lei>N/A</lei>
        <title>Toyo Gosei Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3610400008"/>
          <ticker value="4970"/>
          <other otherDesc="SEDOL" value="6221850"/>
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        <balance>1200.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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        <pctVal>0.0004097063</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="7071.540000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Select Harvests Ltd</name>
        <lei>549300JZYUFVKN0L4E13</lei>
        <title>Select Harvests Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SHV6"/>
          <ticker value="SHV"/>
          <other otherDesc="SEDOL" value="6260723"/>
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        <balance>1079454.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>3481599.7900000000</valUSD>
        <pctVal>0.0169834421</pctVal>
        <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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          <loanByFundCondition isLoanByFund="Y" loanVal="34828.970000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Focus Minerals Ltd</name>
        <lei>529900G61CW8EFPNXZ12</lei>
        <title>Focus Minerals Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000FML4"/>
          <ticker value="FML"/>
          <other otherDesc="SEDOL" value="6289665"/>
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        <balance>1082282.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>1566898.8000000000</valUSD>
        <pctVal>0.0076434216</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Fletcher Building Ltd</name>
        <lei>549300UPHQTT2LG75045</lei>
        <title>Fletcher Building Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZFBUE0001S0"/>
          <ticker value="FBU"/>
          <other otherDesc="SEDOL" value="6341606"/>
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        <balance>2387688.0000000000</balance>
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        <currencyConditional curCd="NZD" exchangeRt="1.6901880000"/>
        <valUSD>5625018.6700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="35273.750000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Foster Electric Co Ltd</name>
        <lei>N/A</lei>
        <title>Foster Electric Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3802800007"/>
          <ticker value="6794"/>
          <other otherDesc="SEDOL" value="6349008"/>
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        <balance>310100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>5886781.0500000000</valUSD>
        <pctVal>0.0287160533</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="260519.540000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Fujikura Composites Inc</name>
        <lei>N/A</lei>
        <title>Fujikura Composites Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3811600000"/>
          <ticker value="5121"/>
          <other otherDesc="SEDOL" value="6356763"/>
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        <balance>246100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4189841.9300000000</valUSD>
        <pctVal>0.0204382876</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="156734.510000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Godo Steel Ltd</name>
        <lei>N/A</lei>
        <title>Godo Steel Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3307800007"/>
          <ticker value="5410"/>
          <other otherDesc="SEDOL" value="6374345"/>
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        <balance>206000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3925583.0000000000</valUSD>
        <pctVal>0.0191492175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="447610.380000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Inui Global Logistics Co Ltd</name>
        <lei>353800YCG0HC4CSTYR51</lei>
        <title>Inui Global Logistics Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3146800002"/>
          <ticker value="9308"/>
          <other otherDesc="SEDOL" value="6465904"/>
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        <balance>49000.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>664451.0100000000</valUSD>
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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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          <loanByFundCondition isLoanByFund="Y" loanVal="236289.560000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Iseki &amp; Co Ltd</name>
        <lei>N/A</lei>
        <title>Iseki &amp; Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3139600005"/>
          <ticker value="6310"/>
          <other otherDesc="SEDOL" value="6466822"/>
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        <balance>415100.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="797569.560000000000"/>
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      <invstOrSec>
        <name>Kansai Paint Co Ltd</name>
        <lei>549300ERRV6FTKH9NN70</lei>
        <title>Kansai Paint Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3229400001"/>
          <ticker value="4613"/>
          <other otherDesc="SEDOL" value="6483746"/>
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        <balance>45100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>811848.3800000000</valUSD>
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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>Studio Alice Co Ltd</name>
        <lei>N/A</lei>
        <title>Studio Alice Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3399240005"/>
          <ticker value="2305"/>
          <other otherDesc="SEDOL" value="6528164"/>
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        <balance>11800.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>OKP Holdings Ltd</name>
        <lei>N/A</lei>
        <title>OKP Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1M55904841"/>
          <ticker value="OKP"/>
          <other otherDesc="SEDOL" value="6536929"/>
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        <balance>319100.0000000000</balance>
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        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Aeon Hokkaido Corp</name>
        <lei>N/A</lei>
        <title>Aeon Hokkaido Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3860270002"/>
          <ticker value="7512"/>
          <other otherDesc="SEDOL" value="6544751"/>
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        <balance>1700.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>Mitsui Matsushima Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Mitsui Matsushima Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3894000003"/>
          <ticker value="1518"/>
          <other otherDesc="SEDOL" value="6572644"/>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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        <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>Yue Yuen Industrial Holdings Ltd</name>
        <lei>254900YUFIBANZ1XU687</lei>
        <title>Yue Yuen Industrial Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG988031446"/>
          <ticker value="551"/>
          <other otherDesc="SEDOL" value="6586537"/>
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        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mitsubishi Materials Corp</name>
        <lei>35380076QOBOSOUBRT89</lei>
        <title>Mitsubishi Materials Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3903000002"/>
          <ticker value="5711"/>
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        <balance>1936800.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>Mitsubishi Motors Corp</name>
        <lei>5299006ZTN6MO1N5BR16</lei>
        <title>Mitsubishi Motors Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3899800001"/>
          <ticker value="7211"/>
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        <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>ComfortDelGro Corp Ltd</name>
        <lei>2549005O5PVA2JCH6Q33</lei>
        <title>ComfortDelGro Corp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1N31909426"/>
          <ticker value="CD"/>
          <other otherDesc="SEDOL" value="6603737"/>
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        <balance>6948400.0000000000</balance>
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        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nagoya Railroad Co Ltd</name>
        <lei>353800P62OOYUY3I8T51</lei>
        <title>Nagoya Railroad Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3649800004"/>
          <ticker value="9048"/>
          <other otherDesc="SEDOL" value="6619864"/>
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        <balance>3438300.0000000000</balance>
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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>Nihon Dempa Kogyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Nihon Dempa Kogyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3737800007"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <lei>N/A</lei>
        <title>Nippon Chemical Industrial Co Ltd</title>
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        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
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        <name>Nittetsu Mining Co Ltd</name>
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        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PILLAR Corp /Japan</name>
        <lei>N/A</lei>
        <title>PILLAR Corp /Japan</title>
        <cusip>N/A</cusip>
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        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Nippon Yakin Kogyo Co Ltd</name>
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          <isin value="JP3752600001"/>
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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>NITTAN Corp</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <isin value="JP3680000001"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Nikkon Holdings Co Ltd</name>
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          <isin value="JP3709600005"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Odakyu Electric Railway Co Ltd</name>
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        <title>Odakyu Electric Railway Co Ltd</title>
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          <isin value="JP3196000008"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Osaka Steel Co Ltd</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <isin value="JP3184600009"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New Hope Corp Ltd</name>
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        <cusip>N/A</cusip>
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          <isin value="AU000000NHC7"/>
          <ticker value="NHC"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Buffalo Inc /Japan</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <isin value="JP3921080002"/>
          <ticker value="6676"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Rasa Industries Ltd</name>
        <lei>N/A</lei>
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        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Ridley Corp Ltd</name>
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        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Obsidian Energy Ltd</name>
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        <invCountry>CA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Sanyo Electric Railway Co Ltd</name>
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        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Raiznext Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Suncall Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Shizuki Electric Co Inc</name>
        <lei>N/A</lei>
        <title>Shizuki Electric Co Inc</title>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Takara Holdings Inc</name>
        <lei>3538001CXSU150WNEY98</lei>
        <title>Takara Holdings Inc</title>
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        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Yamatane Corp</name>
        <lei>N/A</lei>
        <title>Yamatane Corp</title>
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        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tokyo Tekko Co Ltd</name>
        <lei>N/A</lei>
        <title>Tokyo Tekko Co Ltd</title>
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          <ticker value="5445"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Tsubakimoto Kogyo Co Ltd</name>
        <lei>353800Z0E9RSAQ31YH59</lei>
        <title>Tsubakimoto Kogyo Co Ltd</title>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="42259.020000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Unitika Ltd</name>
        <lei>529900V8B6Q6I4JGE052</lei>
        <title>Unitika Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3951200009"/>
          <ticker value="3103"/>
          <other otherDesc="SEDOL" value="6918301"/>
        </identifiers>
        <balance>2124100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>22073355.5700000000</valUSD>
        <pctVal>0.1076750857</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="784283.850000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sun-Wa Technos Corp</name>
        <lei>N/A</lei>
        <title>Sun-Wa Technos Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3345400000"/>
          <ticker value="8137"/>
          <other otherDesc="SEDOL" value="6985156"/>
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        <balance>43100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1144904.9500000000</valUSD>
        <pctVal>0.0055849116</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="78214.880000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nihon Yamamura Glass Co Ltd</name>
        <lei>35380039Q90SLMUZIX96</lei>
        <title>Nihon Yamamura Glass Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3752800007"/>
          <ticker value="5210"/>
          <other otherDesc="SEDOL" value="6985349"/>
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        <balance>96500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1777246.4300000000</valUSD>
        <pctVal>0.0086695093</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="881204.470000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yamaura Corp</name>
        <lei>N/A</lei>
        <title>Yamaura Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3934300009"/>
          <ticker value="1780"/>
          <other otherDesc="SEDOL" value="6987613"/>
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        <balance>8500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>79301.0500000000</valUSD>
        <pctVal>0.0003868350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="26160.940000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Mota-Engil SGPS SA</name>
        <lei>549300L6RR1203WN9F57</lei>
        <title>Mota-Engil SGPS SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTMEN0AE0005"/>
          <ticker value="EGL"/>
          <other otherDesc="SEDOL" value="7025471"/>
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        <balance>1368462.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>7545676.6300000000</valUSD>
        <pctVal>0.0368082404</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="5372237.940000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Banca IFIS SpA</name>
        <lei>8156005420362AE59184</lei>
        <title>Banca IFIS SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003188064"/>
          <ticker value="IF"/>
          <other otherDesc="SEDOL" value="7242087"/>
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        <balance>243674.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>4221833.0100000000</valUSD>
        <pctVal>0.0205943419</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="3294049.870000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Beneteau SACA</name>
        <lei>969500FHXW3AEY6Z0B25</lei>
        <title>Beneteau SACA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000035164"/>
          <ticker value="BEN"/>
          <other otherDesc="SEDOL" value="7309283"/>
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        <balance>1255.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>8488.8600000000</valUSD>
        <pctVal>0.0000414091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="6331.300000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Polaris Renewable Energy Inc</name>
        <lei>529900TVRAUXW0I7VZ94</lei>
        <title>Polaris Renewable Energy Inc</title>
        <cusip>73108L101</cusip>
        <identifiers>
          <isin value="CA73108L1013"/>
          <ticker value="PIF"/>
          <other otherDesc="SEDOL" value="BP6JHR1"/>
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        <balance>38910.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>409327.7500000000</valUSD>
        <pctVal>0.0019967241</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="10369.250000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Propel Holdings Inc</name>
        <lei>549300WJ8RJGUJCB3938</lei>
        <title>Propel Holdings Inc</title>
        <cusip>74349D106</cusip>
        <identifiers>
          <isin value="CA74349D1069"/>
          <ticker value="PRL"/>
          <other otherDesc="SEDOL" value="BNRR5G5"/>
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        <balance>16590.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>305238.2800000000</valUSD>
        <pctVal>0.0014889697</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="222777.630000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Real Matters Inc</name>
        <lei>54930038CQZBR1KZYE22</lei>
        <title>Real Matters Inc</title>
        <cusip>75601Y100</cusip>
        <identifiers>
          <isin value="CA75601Y1007"/>
          <ticker value="REAL"/>
          <other otherDesc="SEDOL" value="BZ4FM87"/>
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        <balance>229556.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>750307.5000000000</valUSD>
        <pctVal>0.0036600427</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="206153.770000000000"/>
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      <invstOrSec>
        <name>Audax Renovables SA</name>
        <lei>959800MAFGMXMGJHCH48</lei>
        <title>Audax Renovables SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0136463017"/>
          <ticker value="ADX"/>
          <other otherDesc="SEDOL" value="7586945"/>
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        <balance>10379.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>14617.5200000000</valUSD>
        <pctVal>0.0000713051</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="10976.850000000000"/>
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      <invstOrSec>
        <name>Rogers Sugar Inc</name>
        <lei>N/A</lei>
        <title>Rogers Sugar Inc</title>
        <cusip>77519R102</cusip>
        <identifiers>
          <isin value="CA77519R1029"/>
          <ticker value="RSI"/>
          <other otherDesc="SEDOL" value="B3Q12H8"/>
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        <balance>345657.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>1690937.2300000000</valUSD>
        <pctVal>0.0082484881</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="981628.850000000000"/>
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      <invstOrSec>
        <name>Sotkamo Silver AB</name>
        <lei>213800R2TQW1OZGYDX93</lei>
        <title>Sotkamo Silver AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0001057910"/>
          <ticker value="SOSI"/>
          <other otherDesc="SEDOL" value="7788354"/>
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        <balance>3428325.0000000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>1861069.3400000000</valUSD>
        <pctVal>0.0090784022</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Saturn Oil &amp; Gas Inc</name>
        <lei>549300G6BWJ7K6PIIY73</lei>
        <title>Saturn Oil &amp; Gas Inc</title>
        <cusip>80412L883</cusip>
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          <isin value="CA80412L8832"/>
          <ticker value="SOIL"/>
          <other otherDesc="SEDOL" value="BMV3PC8"/>
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        <balance>1721416.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
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        <pctVal>0.0384126613</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>Tidewater Midstream and Infrastructure Ltd</name>
        <lei>549300JX7XAI5IS46I55</lei>
        <title>Tidewater Midstream and Infrastructure Ltd</title>
        <cusip>886453505</cusip>
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          <isin value="CA8864535056"/>
          <ticker value="TWM"/>
          <other otherDesc="SEDOL" value="BVY4ML9"/>
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        <balance>60030.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>896584.2900000000</valUSD>
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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>New World Development Co Ltd</name>
        <lei>2549008GWMWXTIRL4S48</lei>
        <title>New World Development Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0000608585"/>
          <ticker value="17"/>
          <other otherDesc="SEDOL" value="BM94GQ4"/>
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        <balance>8667000.0000000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Western Forest Products Inc</name>
        <lei>54930025VS2JPY0XAU56</lei>
        <title>Western Forest Products Inc</title>
        <cusip>958211708</cusip>
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          <isin value="CA9582117086"/>
          <ticker value="WEF"/>
          <other otherDesc="SEDOL" value="BVPKJ93"/>
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        <balance>641.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
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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>Yangzijiang Financial Holding Ltd</name>
        <lei>984500E58A4F80AFB647</lei>
        <title>Yangzijiang Financial Holding Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXE77102635"/>
          <ticker value="YZJFH"/>
          <other otherDesc="SEDOL" value="BNZKT97"/>
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        <balance>76219100.0000000000</balance>
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        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Leonteq AG</name>
        <lei>254900ZIGEA3M1TF0O96</lei>
        <title>Leonteq AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0190891181"/>
          <ticker value="LEON"/>
          <other otherDesc="SEDOL" value="B7Y4738"/>
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        <balance>75884.0000000000</balance>
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        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>1997570.4700000000</valUSD>
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        <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>
          <loanByFundCondition isLoanByFund="Y" loanVal="782738.340000000000"/>
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      <invstOrSec>
        <name>Carlit Co Ltd</name>
        <lei>N/A</lei>
        <title>Carlit Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3205320009"/>
          <ticker value="4275"/>
          <other otherDesc="SEDOL" value="BDD24X4"/>
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        <balance>56000.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>739168.4100000000</valUSD>
        <pctVal>0.0036057056</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>
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      <invstOrSec>
        <name>Tokmanni Group Corp</name>
        <lei>743700VMG6KWF0FW1560</lei>
        <title>Tokmanni Group Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000197934"/>
          <ticker value="TOKMAN"/>
          <other otherDesc="SEDOL" value="BD3CWG3"/>
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        <balance>351075.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>3012486.9200000000</valUSD>
        <pctVal>0.0146950828</pctVal>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>IPS Inc</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Future Innovation Group Inc</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isin value="IT0003549422"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Fugro NV</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Webuild SpA</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <name>Hexatronic Group AB</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Saipem SpA</name>
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        <name>Schweiter Technologies AG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Swiss Steel Holding AG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TREVI - Finanziaria Industriale SpA</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Amper SA</name>
        <lei>959800GZESQUFLUH5402</lei>
        <title>Amper SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0109260291"/>
          <ticker value="AMP"/>
          <other otherDesc="SEDOL" value="BXV21B3"/>
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        <balance>2849.0000000000</balance>
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        <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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      <invstOrSec>
        <name>Nexity SA</name>
        <lei>969500JJ71T2DIPDVV84</lei>
        <title>Nexity SA</title>
        <cusip>N/A</cusip>
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          <isin value="FR0010112524"/>
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          <other otherDesc="SEDOL" value="B037JC2"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nokian Renkaat Oyj</name>
        <lei>743700YQIO8Y4L4WKR40</lei>
        <title>Nokian Renkaat OYJ</title>
        <cusip>N/A</cusip>
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          <isin value="FI0009005318"/>
          <ticker value="TYRES"/>
          <other otherDesc="SEDOL" value="B07G378"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Atresmedia Corp de Medios de Comunicacion SA</name>
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        <title>Atresmedia Corp de Medios de Comunicacion SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0109427734"/>
          <ticker value="A3M"/>
          <other otherDesc="SEDOL" value="B07VZ99"/>
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        <balance>112540.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
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        <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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      <invstOrSec>
        <name>Frencken Group Ltd</name>
        <lei>N/A</lei>
        <title>Frencken Group Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="SG1R43925234"/>
          <ticker value="FRKN"/>
          <other otherDesc="SEDOL" value="B088VB3"/>
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        <balance>352700.0000000000</balance>
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        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
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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>EVS</name>
        <lei>549300J0AJACIPKLTD62</lei>
        <title>EVS</title>
        <cusip>N/A</cusip>
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          <isin value="BE0003820371"/>
          <ticker value="EVS"/>
          <other otherDesc="SEDOL" value="B08CHG2"/>
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        <balance>21022.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Webuild SpA</name>
        <lei>549300UKR289DF4UXQ47</lei>
        <title>Webuild SpA</title>
        <cusip>N/A</cusip>
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          <isin value="IT0003865570"/>
          <ticker value="WBD"/>
          <other otherDesc="SEDOL" value="B09MRX8"/>
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        <balance>11814359.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>United Energy Group Ltd</name>
        <lei>254900I49QKOOISW8F62</lei>
        <title>United Energy Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG9231L1081"/>
          <ticker value="467"/>
          <other otherDesc="SEDOL" value="B0FXSY3"/>
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        <balance>374734000.0000000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LEM Holding SA</name>
        <lei>5067008AF2B2C5O7TJ43</lei>
        <title>LEM Holding SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0022427626"/>
          <ticker value="LEHN"/>
          <other otherDesc="SEDOL" value="B0LDD86"/>
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        <balance>2779.0000000000</balance>
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        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
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        <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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      <invstOrSec>
        <name>ISDN Holdings Ltd</name>
        <lei>254900AT7BBV3IUAY650</lei>
        <title>ISDN Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1S48927937"/>
          <ticker value="ISDN"/>
          <other otherDesc="SEDOL" value="B0LNJG6"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>James Halstead PLC</name>
        <lei>213800C8FFBYVO6UL498</lei>
        <title>James Halstead PLC</title>
        <cusip>N/A</cusip>
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          <isin value="GB00B0LS8535"/>
          <ticker value="JHD"/>
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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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      <invstOrSec>
        <name>Eutelsat Communications SACA</name>
        <lei>549300EFWH9UR17YSK05</lei>
        <title>Eutelsat Communications SACA</title>
        <cusip>N/A</cusip>
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          <isin value="FR0010221234"/>
          <ticker value="ETL"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Toyo Tanso Co Ltd</name>
        <lei>529900YTFHZ3XYGL3R93</lei>
        <title>Toyo Tanso Co Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="JP3616000000"/>
          <ticker value="5310"/>
          <other otherDesc="SEDOL" value="B0ZV9X3"/>
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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>JM AB</name>
        <lei>529900X0UEM9DOM6FK12</lei>
        <title>JM AB</title>
        <cusip>N/A</cusip>
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          <other otherDesc="SEDOL" value="B142FZ8"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Yanlord Land Group Ltd</name>
        <lei>N/A</lei>
        <title>Yanlord Land Group Ltd</title>
        <cusip>N/A</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Mayne Pharma Group Ltd</name>
        <lei>549300VIRDEN0N4MJG59</lei>
        <title>Mayne Pharma Group Ltd</title>
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          <ticker value="MYX"/>
          <other otherDesc="SEDOL" value="B1BHXL8"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mie Kotsu Group Holdings Inc</name>
        <lei>N/A</lei>
        <title>Mie Kotsu Group Holdings Inc</title>
        <cusip>N/A</cusip>
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          <ticker value="3232"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ubisoft Entertainment SA</name>
        <lei>969500I7C8V1LBIMSM05</lei>
        <title>Ubisoft Entertainment SA</title>
        <cusip>N/A</cusip>
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          <ticker value="UBI"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>United Laboratories International Holdings Ltd/The</name>
        <lei>2549007JL3XIH77JXN70</lei>
        <title>United Laboratories International Holdings Ltd/The</title>
        <cusip>N/A</cusip>
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          <isin value="KYG8813K1085"/>
          <ticker value="3933"/>
          <other otherDesc="SEDOL" value="B1P70H9"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
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        <name>Zignago Vetro SpA</name>
        <lei>815600DFC29A91FF0C71</lei>
        <title>Zignago Vetro SpA</title>
        <cusip>N/A</cusip>
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          <isin value="IT0004171440"/>
          <ticker value="ZV"/>
          <other otherDesc="SEDOL" value="B1Y0SZ3"/>
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        <valUSD>834039.9200000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nomura Micro Science Co Ltd</name>
        <lei>353800TK9TXKBPGJ2K14</lei>
        <title>Nomura Micro Science Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3762950008"/>
          <ticker value="6254"/>
          <other otherDesc="SEDOL" value="B248ZF3"/>
        </identifiers>
        <balance>182000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3982516.0400000000</valUSD>
        <pctVal>0.0194269401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="470910.320000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marco Polo Marine Ltd</name>
        <lei>N/A</lei>
        <title>Marco Polo Marine Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1W14938268"/>
          <ticker value="MPM"/>
          <other otherDesc="SEDOL" value="B28Z260"/>
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        <balance>44968700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>4665126.7300000000</valUSD>
        <pctVal>0.0227567539</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="2359132.280000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wee Hur Holdings Ltd</name>
        <lei>2549003CUAHCW7JG5S36</lei>
        <title>Wee Hur Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1W55939399"/>
          <ticker value="WHUR"/>
          <other otherDesc="SEDOL" value="B2N7F28"/>
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        <balance>20736700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>10666031.1900000000</valUSD>
        <pctVal>0.0520295077</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="3106763.130000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SJM Holdings Ltd</name>
        <lei>529900XEAB40COT5ZL30</lei>
        <title>SJM Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0880043028"/>
          <ticker value="880"/>
          <other otherDesc="SEDOL" value="B2NR3Y6"/>
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        <balance>37691000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>6621940.0600000000</valUSD>
        <pctVal>0.0323022008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="4933792.770000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Digital Bros SpA</name>
        <lei>815600D581F8552C4F54</lei>
        <title>Digital Bros SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0001469995"/>
          <ticker value="DIB"/>
          <other otherDesc="SEDOL" value="B39KMF0"/>
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        <balance>96473.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>1384440.4800000000</valUSD>
        <pctVal>0.0067533795</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="625331.820000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Guotai Junan International Holdings Ltd</name>
        <lei>2138006FECWIZUO67V37</lei>
        <title>Guotai Junan International Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0000065869"/>
          <ticker value="1788"/>
          <other otherDesc="SEDOL" value="B3W1335"/>
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        <balance>40037000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>14629082.4200000000</valUSD>
        <pctVal>0.0713614973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="4363587.880000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CNMC Goldmine Holdings Ltd</name>
        <lei>N/A</lei>
        <title>CNMC Goldmine Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2D72974892"/>
          <ticker value="CNMC"/>
          <other otherDesc="SEDOL" value="B429GM6"/>
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        <balance>1792300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>1927267.4800000000</valUSD>
        <pctVal>0.0094013205</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="1380691.330000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Alliance Aviation Services Ltd</name>
        <lei>529900HXO384PQ8Z3S57</lei>
        <title>Alliance Aviation Services Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000AQZ6"/>
          <ticker value="AQZ"/>
          <other otherDesc="SEDOL" value="B45N131"/>
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        <balance>134244.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>63369.7000000000</valUSD>
        <pctVal>0.0003091210</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="49842.640000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Yashima Denki Co Ltd</name>
        <lei>N/A</lei>
        <title>Yashima Denki Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3931700003"/>
          <ticker value="3153"/>
          <other otherDesc="SEDOL" value="B4YRGK6"/>
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        <balance>140700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2736683.8100000000</valUSD>
        <pctVal>0.0133496995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1898870.310000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Myer Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Myer Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MYR2"/>
          <ticker value="MYR"/>
          <other otherDesc="SEDOL" value="B50YPZ6"/>
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        <balance>11275857.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>1614504.0100000000</valUSD>
        <pctVal>0.0078756425</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1210773.220000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Teixeira Duarte SA</name>
        <lei>959800JFY96QF028V484</lei>
        <title>Teixeira Duarte SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTTD10AM0000"/>
          <ticker value="TDSA"/>
          <other otherDesc="SEDOL" value="B52KDT2"/>
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        <balance>5389954.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>2975522.0200000000</valUSD>
        <pctVal>0.0145147659</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="2124136.560000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Bright Smart Securities &amp; Commodities Group Ltd</name>
        <lei>N/A</lei>
        <title>Bright Smart Securities &amp; Commodities Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG1644A1004"/>
          <ticker value="1428"/>
          <other otherDesc="SEDOL" value="B54X3L1"/>
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        <balance>628000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>600069.1400000000</valUSD>
        <pctVal>0.0029271714</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="451171.130000000000"/>
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      <invstOrSec>
        <name>Man Wah Holdings Ltd</name>
        <lei>52990005BW6K71UPKX41</lei>
        <title>Man Wah Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG5800U1071"/>
          <ticker value="1999"/>
          <other otherDesc="SEDOL" value="B58YWF7"/>
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        <balance>12800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>5060.1700000000</valUSD>
        <pctVal>0.0000246838</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="3802.010000000000"/>
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      <invstOrSec>
        <name>Greggs PLC</name>
        <lei>213800I71QMUFJ64IW20</lei>
        <title>Greggs PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B63QSB39"/>
          <ticker value="GRG"/>
          <other otherDesc="SEDOL" value="B63QSB3"/>
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        <balance>2760441.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>68636057.4400000000</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="24247557.030000000000"/>
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      <invstOrSec>
        <name>Zinzino AB</name>
        <lei>549300Z20D1BP4MA0040</lei>
        <title>Zinzino AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0002480442"/>
          <ticker value="ZZB"/>
          <other otherDesc="SEDOL" value="B67JMR2"/>
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        <balance>391469.0000000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>5647378.3500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1732053.290000000000"/>
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      <invstOrSec>
        <name>Bumitama Agri Ltd</name>
        <lei>529900BOE6UQFFDNZR10</lei>
        <title>Bumitama Agri Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2E67980267"/>
          <ticker value="BAL"/>
          <other otherDesc="SEDOL" value="B7WJ188"/>
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        <balance>9566100.0000000000</balance>
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        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>16612050.8100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Geo Energy Resources Ltd</name>
        <lei>254900KDTNYQVU0QS743</lei>
        <title>Geo Energy Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2F24986083"/>
          <ticker value="GERL"/>
          <other otherDesc="SEDOL" value="B8QXRM9"/>
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        <balance>30737100.0000000000</balance>
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        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>13165398.0500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Crest Nicholson Holdings plc</name>
        <lei>213800ROIFXRRRKVQD25</lei>
        <title>Crest Nicholson Holdings plc</title>
        <cusip>N/A</cusip>
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          <isin value="GB00B8VZXT93"/>
          <ticker value="CRST"/>
          <other otherDesc="SEDOL" value="B8VZXT9"/>
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        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
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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>Neobo Fastigheter AB</name>
        <lei>213800QBPS3L89U9TZ44</lei>
        <title>Neobo Fastigheter AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0005034550"/>
          <ticker value="NEOBO"/>
          <other otherDesc="SEDOL" value="B9J8FX5"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>bpost SA</name>
        <lei>5493008AAX0BESN9WN06</lei>
        <title>bpost SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0974268972"/>
          <ticker value="BPOST"/>
          <other otherDesc="SEDOL" value="BBH7K66"/>
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        <balance>973303.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>1460663.9200000000</valUSD>
        <pctVal>0.0071252018</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Rex International Holding Ltd</name>
        <lei>254900GB4SX7JAK74O59</lei>
        <title>Rex International Holding Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2G04994999"/>
          <ticker value="REXI"/>
          <other otherDesc="SEDOL" value="BCGD3S5"/>
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        <balance>57714100.0000000000</balance>
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        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>2857962.6400000000</valUSD>
        <pctVal>0.0139413045</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="425082.710000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Raffles Medical Group Ltd</name>
        <lei>254900BARSOMRVZFY947</lei>
        <title>Raffles Medical Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1CH4000003"/>
          <ticker value="RFMD"/>
          <other otherDesc="SEDOL" value="BD3CFT7"/>
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        <balance>8600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>5852.5600000000</valUSD>
        <pctVal>0.0000285491</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="4375.540000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Solutions 30 SE</name>
        <lei>2221003G8BRH3CPABK72</lei>
        <title>Solutions 30 SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013379484"/>
          <ticker value="S30"/>
          <other otherDesc="SEDOL" value="BD5FFX8"/>
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        <balance>358215.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>236796.1600000000</valUSD>
        <pctVal>0.0011551052</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="106655.190000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Star Entertainment Grp Ltd/The</name>
        <lei>N/A</lei>
        <title>Star Entertainment Grp Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SGR6"/>
          <ticker value="SGR"/>
          <other otherDesc="SEDOL" value="BD5ZR98"/>
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        <balance>34408504.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>3201555.4400000000</valUSD>
        <pctVal>0.0156173698</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="461570.220000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>X-Fab Silicon Foundries SE</name>
        <lei>5493003UDPENPUQBJH65</lei>
        <title>X-Fab Silicon Foundries SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0974310428"/>
          <ticker value="XFAB"/>
          <other otherDesc="SEDOL" value="BD97P41"/>
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        <balance>804099.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>5645392.9300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="115394.400000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>EVT Ltd</name>
        <lei>N/A</lei>
        <title>EVT Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000EVT1"/>
          <ticker value="EVT"/>
          <other otherDesc="SEDOL" value="BDG0N49"/>
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        <balance>1436887.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>15617081.7800000000</valUSD>
        <pctVal>0.0761810145</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="6746083.350000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>BioArctic AB</name>
        <lei>549300Y0OI2WVUNHLC33</lei>
        <title>BioArctic AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0010323311"/>
          <ticker value="BIOAB"/>
          <other otherDesc="SEDOL" value="BDVP4H9"/>
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        <balance>185444.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>6149918.9500000000</valUSD>
        <pctVal>0.0299996549</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="4279110.920000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>SMCP SA</name>
        <lei>96950034TTGHHKKEN547</lei>
        <title>SMCP SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013214145"/>
          <ticker value="SMCP"/>
          <other otherDesc="SEDOL" value="BDVP4Y6"/>
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        <balance>459553.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>3637668.4600000000</valUSD>
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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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          <loanByFundCondition isLoanByFund="Y" loanVal="92335.300000000000"/>
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      <invstOrSec>
        <name>Aquafil SpA</name>
        <lei>815600C36B3D0988AB30</lei>
        <title>Aquafil SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005241192"/>
          <ticker value="ECNL"/>
          <other otherDesc="SEDOL" value="BDZW409"/>
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        <balance>111267.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>183518.3900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="5366.750000000000"/>
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      <invstOrSec>
        <name>TKP Corp</name>
        <lei>N/A</lei>
        <title>TKP Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3538710009"/>
          <ticker value="3479"/>
          <other otherDesc="SEDOL" value="BDZWWH2"/>
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        <balance>108300.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <loanByFundCondition isLoanByFund="Y" loanVal="47285.440000000000"/>
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      <invstOrSec>
        <name>OFX Group Ltd</name>
        <lei>984500745OB5K1ZB6008</lei>
        <title>OFX Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000OFX5"/>
          <ticker value="OFX"/>
          <other otherDesc="SEDOL" value="BFG1Q58"/>
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        <balance>103793.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>61709.4600000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="46251.440000000000"/>
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      <invstOrSec>
        <name>Funding Circle Holdings PLC</name>
        <lei>2138003EK6UAINBBUS19</lei>
        <title>Funding Circle Holdings PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BG0TPX62"/>
          <ticker value="FCH"/>
          <other otherDesc="SEDOL" value="BG0TPX6"/>
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        <balance>1713271.0000000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
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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>boohoo Group PLC</name>
        <lei>213800SZF3KFCECWY243</lei>
        <title>boohoo Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JE00BG6L7297"/>
          <ticker value="DEBS"/>
          <other otherDesc="SEDOL" value="BG6L729"/>
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        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
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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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          <loanByFundCondition isLoanByFund="Y" loanVal="378998.640000000000"/>
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      <invstOrSec>
        <name>Samhallsbyggnadsbolaget i Norden AB</name>
        <lei>549300HX9MRFY47AH564</lei>
        <title>Samhallsbyggnadsbolaget i Norden AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0011844091"/>
          <ticker value="SBBD"/>
          <other otherDesc="SEDOL" value="BGK8WJ8"/>
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        <balance>14624.0000000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ricegrowers Ltd</name>
        <lei>549300RYODFD7C80YZ70</lei>
        <title>Ricegrowers Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000040982"/>
          <ticker value="SGLLV"/>
          <other otherDesc="SEDOL" value="BJKDGL4"/>
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        <balance>584732.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
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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>NewPrinces SpA</name>
        <lei>815600511D7D0F6A5955</lei>
        <title>NewPrinces SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005385213"/>
          <ticker value="NWL"/>
          <other otherDesc="SEDOL" value="BJVNQF7"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>China Sunsine Chemical Holdings Ltd</name>
        <lei>N/A</lei>
        <title>China Sunsine Chemical Holdings Ltd</title>
        <cusip>N/A</cusip>
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          <ticker value="CSSC"/>
          <other otherDesc="SEDOL" value="BK5QZW9"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JS Global Lifestyle Co Ltd</name>
        <lei>254900YP54EOBADL7333</lei>
        <title>JS Global Lifestyle Co Ltd</title>
        <cusip>N/A</cusip>
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          <ticker value="1691"/>
          <other otherDesc="SEDOL" value="BKL9QV8"/>
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        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Amvis Holdings Inc</name>
        <lei>N/A</lei>
        <title>Amvis Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3128660002"/>
          <ticker value="7071"/>
          <other otherDesc="SEDOL" value="BKLG6N1"/>
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        <balance>742700.0000000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Norion Bank AB</name>
        <lei>529900AGWAKUTYNETM62</lei>
        <title>Norion Bank AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0017831795"/>
          <ticker value="NORION"/>
          <other otherDesc="SEDOL" value="BKPFS27"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KEIWA Inc</name>
        <lei>N/A</lei>
        <title>KEIWA Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3281610000"/>
          <ticker value="4251"/>
          <other otherDesc="SEDOL" value="BKRSF23"/>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>Tyro Payments Ltd</name>
        <lei>984500UB1AC1CA69AD85</lei>
        <title>Tyro Payments Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000066508"/>
          <ticker value="TYR"/>
          <other otherDesc="SEDOL" value="BL0KWK0"/>
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        <valUSD>1856693.2900000000</valUSD>
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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>
      <invstOrSec>
        <name>MFE-MediaForEurope NV</name>
        <lei>213800DIFN7NR7B97A50</lei>
        <title>MFE-MediaForEurope NV</title>
        <cusip>N/A</cusip>
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          <isin value="NL0015001OI1"/>
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          <other otherDesc="SEDOL" value="BLC8J12"/>
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        <balance>5735029.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1424620.750000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>MFE-MediaForEurope NV</name>
        <lei>213800DIFN7NR7B97A50</lei>
        <title>MFE-MediaForEurope NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0015001OJ9"/>
          <ticker value="MFEB"/>
          <other otherDesc="SEDOL" value="BLC8J56"/>
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        <balance>1513574.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>6423783.4500000000</valUSD>
        <pctVal>0.0313355816</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Vetropack Holding AG</name>
        <lei>894500HGD08C8B6GS128</lei>
        <title>Vetropack Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0530235594"/>
          <ticker value="VETN"/>
          <other otherDesc="SEDOL" value="BLD1K17"/>
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        <balance>178211.0000000000</balance>
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        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>4761341.7800000000</valUSD>
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        <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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          <loanByFundCondition isLoanByFund="Y" loanVal="20342.500000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Bapcor Ltd</name>
        <lei>N/A</lei>
        <title>Bapcor Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000BAP9"/>
          <ticker value="BAP"/>
          <other otherDesc="SEDOL" value="BLD2CY7"/>
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        <balance>632749.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>307395.9500000000</valUSD>
        <pctVal>0.0014994950</pctVal>
        <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>
      <invstOrSec>
        <name>OVH Groupe SA</name>
        <lei>9695001J8OSOVX4TP939</lei>
        <title>OVH Groupe SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0014005HJ9"/>
          <ticker value="OVH"/>
          <other otherDesc="SEDOL" value="BLPLBD4"/>
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        <balance>139246.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
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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>
      <invstOrSec>
        <name>Coast Entertainment Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Coast Entertainment Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000314254"/>
          <ticker value="CEH"/>
          <other otherDesc="SEDOL" value="BM9VN19"/>
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        <balance>13124.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>4895.7200000000</valUSD>
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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>Truecaller AB</name>
        <lei>549300TEYF1FA5G5GK26</lei>
        <title>Truecaller AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0016787071"/>
          <ticker value="TRUEB"/>
          <other otherDesc="SEDOL" value="BMCP7D8"/>
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        <balance>4348093.0000000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>11158260.8300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="6314.090000000000"/>
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      <invstOrSec>
        <name>Burford Capital Ltd</name>
        <lei>549300FUKUWFYJMT2277</lei>
        <title>Burford Capital Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GG00BMGYLN96"/>
          <ticker value="BUR"/>
          <other otherDesc="SEDOL" value="BMGYLN9"/>
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        <balance>780.0000000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>3357.4700000000</valUSD>
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        <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>
          <loanByFundCondition isLoanByFund="Y" loanVal="1567.190000000000"/>
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      <invstOrSec>
        <name>Nelly Group AB</name>
        <lei>549300TY1ZF7FQEF0552</lei>
        <title>Nelly Group AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0015245535"/>
          <ticker value="NELLY"/>
          <other otherDesc="SEDOL" value="BMTS6J9"/>
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        <balance>374497.0000000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>1415768.2800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="300033.330000000000"/>
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      <invstOrSec>
        <name>DGH International AB</name>
        <lei>549300KTMO4X275LNL41</lei>
        <title>Intellego Technologies AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0016075063"/>
          <ticker value="INT"/>
          <other otherDesc="SEDOL" value="BN0T7K6"/>
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        <balance>338292.0000000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>411047.9200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="741104.000000000000"/>
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      <invstOrSec>
        <name>Haypp Group AB</name>
        <lei>549300NDGL14NS31UP49</lei>
        <title>Haypp Group AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0016829469"/>
          <ticker value="HAYPP"/>
          <other otherDesc="SEDOL" value="BN4LY07"/>
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        <balance>75717.0000000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Brunel International NV</name>
        <lei>724500Y5L5UIEYCJCZ03</lei>
        <title>Brunel International NV</title>
        <cusip>N/A</cusip>
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          <isin value="NL0010776944"/>
          <ticker value="BRNL"/>
          <other otherDesc="SEDOL" value="BN573R4"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
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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>SUNWELS Co Ltd</name>
        <lei>N/A</lei>
        <title>SUNWELS Co Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="JP3324410004"/>
          <ticker value="9229"/>
          <other otherDesc="SEDOL" value="BNTYNB5"/>
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        <balance>16400.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>Citychamp Watch &amp; Jewellery Group Ltd</name>
        <lei>N/A</lei>
        <title>Citychamp Watch &amp; Jewellery Group Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="KYG2161T1004"/>
          <ticker value="256"/>
          <other otherDesc="SEDOL" value="BP1QK56"/>
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        <balance>2138000.0000000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Eroad Ltd</name>
        <lei>N/A</lei>
        <title>Eroad Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="NZERDE0001S5"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>R&amp;S Group Holding AG</name>
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        <title>R&amp;S Group Holding AG</title>
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          <isin value="CH1107979838"/>
          <ticker value="RSGN"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Logistea AB</name>
        <lei>549300ZSB0ZCKM1SL747</lei>
        <title>Logistea AB</title>
        <cusip>N/A</cusip>
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          <ticker value="LOGIB"/>
          <other otherDesc="SEDOL" value="BPG98P6"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Japan Business Systems Inc</name>
        <lei>N/A</lei>
        <title>Japan Business Systems Inc</title>
        <cusip>N/A</cusip>
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          <isin value="JP3746810005"/>
          <ticker value="5036"/>
          <other otherDesc="SEDOL" value="BPP4SB8"/>
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        <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>SBI Leasing Services Co Ltd</name>
        <lei>N/A</lei>
        <title>SBI Leasing Services Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3163490000"/>
          <ticker value="5834"/>
          <other otherDesc="SEDOL" value="BPX4JB7"/>
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        <balance>17200.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>Euroapi SA</name>
        <lei>9695002FT7GGI3CKKJ14</lei>
        <title>Euroapi SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0014008VX5"/>
          <ticker value="EAPI"/>
          <other otherDesc="SEDOL" value="BQ7ZVF1"/>
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        <balance>637017.0000000000</balance>
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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>Amotiv Ltd</name>
        <lei>254900KHH5GGEGUIZS22</lei>
        <title>Amotiv Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000340770"/>
          <ticker value="AOV"/>
          <other otherDesc="SEDOL" value="BQH8HH4"/>
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        <balance>242351.0000000000</balance>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Apotea AB</name>
        <lei>636700XU8GQ8ZL4RNM17</lei>
        <title>Apotea AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0023313762"/>
          <ticker value="APOTEA"/>
          <other otherDesc="SEDOL" value="BRPT8W8"/>
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        <balance>789883.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>6388586.7200000000</valUSD>
        <pctVal>0.0311638899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="233163.390000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>oOh!media Ltd</name>
        <lei>984500D581E7E7A88078</lei>
        <title>oOh!media Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000OML6"/>
          <ticker value="OML"/>
          <other otherDesc="SEDOL" value="BSXN8D0"/>
        </identifiers>
        <balance>2080799.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>2437113.7900000000</valUSD>
        <pctVal>0.0118883799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="22813.730000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>TS Lines Ltd</name>
        <lei>8368006B8C0EXQ2JDM96</lei>
        <title>TS Lines Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0001078598"/>
          <ticker value="2510"/>
          <other otherDesc="SEDOL" value="BSZ88L1"/>
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        <balance>5367000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>9425144.1000000000</valUSD>
        <pctVal>0.0459763898</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="711065.810000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>KMD Brands Ltd</name>
        <lei>9845005BEET865605765</lei>
        <title>KMD Brands Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZKMDE0007S0"/>
          <ticker value="KMD"/>
          <other otherDesc="SEDOL" value="BTHVCS0"/>
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        <balance>17247.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.6901880000"/>
        <valUSD>17259.6300000000</valUSD>
        <pctVal>0.0000841935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="11151.650000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Embracer Group AB</name>
        <lei>549300RFXXKT652HB549</lei>
        <title>Embracer Group AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0023615885"/>
          <ticker value="EMBRACB"/>
          <other otherDesc="SEDOL" value="BTHW926"/>
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        <balance>2681565.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>20046180.9500000000</valUSD>
        <pctVal>0.0977864125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="180060.450000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Bufab AB</name>
        <lei>5493002TF62S16D67T17</lei>
        <title>Bufab AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0025010671"/>
          <ticker value="BUFAB"/>
          <other otherDesc="SEDOL" value="BTHZ679"/>
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        <balance>759721.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>10595214.2300000000</valUSD>
        <pctVal>0.0516840585</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="845349.620000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Hacksaw AB</name>
        <lei>636700SMLZDCBPNPMJ36</lei>
        <title>Hacksaw AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0025138357"/>
          <ticker value="HACK"/>
          <other otherDesc="SEDOL" value="BV5F910"/>
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        <balance>1580501.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>13061094.4900000000</valUSD>
        <pctVal>0.0637127629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1147793.660000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Cantargia AB</name>
        <lei>549300GKWRT7RXI4VS85</lei>
        <title>Cantargia AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0006371126"/>
          <ticker value="CANTA"/>
          <other otherDesc="SEDOL" value="BVGBXG0"/>
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        <balance>6562227.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>1252086.8800000000</valUSD>
        <pctVal>0.0061077511</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="4665.080000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Pullup Entertainment</name>
        <lei>969500GLMRELZ61HJS76</lei>
        <title>Pullup Entertainment</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0012419307"/>
          <ticker value="ALPUL"/>
          <other otherDesc="SEDOL" value="BVRYS85"/>
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        <balance>38302.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>361537.5000000000</valUSD>
        <pctVal>0.0017636005</pctVal>
        <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>Yangzijiang Maritime Development Ltd</name>
        <lei>N/A</lei>
        <title>Yangzijiang Maritime Development Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXE35825913"/>
          <ticker value="8YZ"/>
          <other otherDesc="SEDOL" value="BVSYC71"/>
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        <balance>77348300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>35564274.9200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LHN Ltd</name>
        <lei>N/A</lei>
        <title>LHN Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1AH9000002"/>
          <ticker value="LHN"/>
          <other otherDesc="SEDOL" value="BWTV881"/>
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        <balance>4846989.0000000000</balance>
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        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>On the Beach Group PLC</name>
        <lei>213800K51Y9BZY7F9R69</lei>
        <title>On the Beach Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYM1K758"/>
          <ticker value="OTB"/>
          <other otherDesc="SEDOL" value="BYM1K75"/>
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        <balance>1743346.0000000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
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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>Baby Bunting Group Ltd</name>
        <lei>N/A</lei>
        <title>Baby Bunting Group Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="AU000000BBN2"/>
          <ticker value="BBN"/>
          <other otherDesc="SEDOL" value="BYRJS58"/>
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        <balance>565175.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Terracom Ltd</name>
        <lei>5299008CZ6QOXMYKVY20</lei>
        <title>Terracom Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="AU000000TER9"/>
          <ticker value="TER"/>
          <other otherDesc="SEDOL" value="BYSXBF0"/>
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        <balance>6318460.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GomSpace Group AB</name>
        <lei>213800ES6SHKK5QTN734</lei>
        <title>GomSpace Group AB</title>
        <cusip>N/A</cusip>
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          <isin value="SE0008348304"/>
          <ticker value="GOMX"/>
          <other otherDesc="SEDOL" value="BYVG9J6"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Maisons du Monde SA</name>
        <lei>9695009DV2698O4ZBU71</lei>
        <title>Maisons du Monde SA</title>
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          <ticker value="MDM"/>
          <other otherDesc="SEDOL" value="BYY8LS2"/>
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        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>E-Commodities Holdings Ltd</name>
        <lei>N/A</lei>
        <title>E-Commodities Holdings Ltd</title>
        <cusip>N/A</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Boozt AB</name>
        <lei>549300HOEUKTVLRKQQ57</lei>
        <title>Boozt AB</title>
        <cusip>N/A</cusip>
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          <ticker value="BOOZT"/>
          <other otherDesc="SEDOL" value="BZ30KS9"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bonava AB</name>
        <lei>213800SLYJ6HYXWP8L95</lei>
        <title>Bonava AB</title>
        <cusip>N/A</cusip>
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        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Norma Group SE</name>
        <lei>5299000LM9HC76W5XD46</lei>
        <title>Norma Group SE</title>
        <cusip>N/A</cusip>
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          <ticker value="NOEA"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>State Street Navigator Securities Lending Trust - State Street Navigator Securities Lending Government Money Market Portfolio</name>
        <lei>5493008BJIBKQ5KTIF74</lei>
        <title>State Street Navigator Securities Lending Government Money Market Portfolio</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Series ID" value="S000009767"/>
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        <curCd>USD</curCd>
        <valUSD>179612217.2500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Isras Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Isras Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0012029778"/>
          <ticker value="ISHO"/>
          <other otherDesc="SEDOL" value="BN6TZH3"/>
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        <balance>12155.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>1543948.4900000000</valUSD>
        <pctVal>0.0075314687</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Nordic Mining ASA</name>
        <lei>5967007LIEEXZXFVKO54</lei>
        <title>Nordic Mining ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0013162693"/>
          <ticker value="NOM"/>
          <other otherDesc="SEDOL" value="BSBGRL2"/>
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        <balance>9851.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>2045.0300000000</valUSD>
        <pctVal>0.0000099758</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ryoyo Ryosan Holdings Inc</name>
        <lei>N/A</lei>
        <title>Ryoyo Ryosan Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3975410006"/>
          <ticker value="167A"/>
          <other otherDesc="SEDOL" value="BSLKXP0"/>
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        <balance>10200.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>207504.3400000000</valUSD>
        <pctVal>0.0010122180</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Finnair Oyj</name>
        <lei>213800SB6EOB8SSK9W63</lei>
        <title>Finnair Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000567029"/>
          <ticker value="FIA1S"/>
          <other otherDesc="SEDOL" value="BQ9D7Q6"/>
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        <balance>3722425.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>19358227.9600000000</valUSD>
        <pctVal>0.0944305386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CMK Corp</name>
        <lei>N/A</lei>
        <title>CMK Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3712000003"/>
          <ticker value="6958"/>
          <other otherDesc="SEDOL" value="6160168"/>
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        <balance>1006500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4761401.5300000000</valUSD>
        <pctVal>0.0232263879</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Golden Agri-Resources Ltd</name>
        <lei>529900GAK9LTNC3IFY40</lei>
        <title>Golden Agri-Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MU0117U00026"/>
          <ticker value="GGR"/>
          <other otherDesc="SEDOL" value="6164472"/>
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        <balance>170019700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>42089874.1600000000</valUSD>
        <pctVal>0.2053168036</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Shinwa Co Ltd/Nagoya</name>
        <lei>N/A</lei>
        <title>Shinwa Co Ltd/Nagoya</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3384710004"/>
          <ticker value="7607"/>
          <other otherDesc="SEDOL" value="6167813"/>
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        <balance>400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>7743.6700000000</valUSD>
        <pctVal>0.0000377741</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>
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      </invstOrSec>
      <invstOrSec>
        <name>GMO internet group Inc</name>
        <lei>529900BFZEY3BESHBW90</lei>
        <title>GMO internet group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3152750000"/>
          <ticker value="9449"/>
          <other otherDesc="SEDOL" value="6170167"/>
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        <balance>80700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2117197.6600000000</valUSD>
        <pctVal>0.0103278108</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Palram Industries 1990 Ltd</name>
        <lei>N/A</lei>
        <title>Palram Industries 1990 Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0006440130"/>
          <ticker value="PLRM"/>
          <other otherDesc="SEDOL" value="6685531"/>
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        <balance>12567.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>194012.8600000000</valUSD>
        <pctVal>0.0009464058</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Alfresa Holdings Corp</name>
        <lei>N/A</lei>
        <title>Alfresa Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3126340003"/>
          <ticker value="2784"/>
          <other otherDesc="SEDOL" value="6687214"/>
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        <balance>2565700.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>37150940.7500000000</valUSD>
        <pctVal>0.1812244051</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>
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      <invstOrSec>
        <name>Miyaji Engineering Group Inc</name>
        <lei>N/A</lei>
        <title>Miyaji Engineering Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3908700002"/>
          <ticker value="3431"/>
          <other otherDesc="SEDOL" value="6687559"/>
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        <balance>358900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3608951.3500000000</valUSD>
        <pctVal>0.0176046702</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>
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      <invstOrSec>
        <name>Hazama Ando Corp</name>
        <lei>353800YSSP5B2GMQ6E51</lei>
        <title>Hazama Ando Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3767810009"/>
          <ticker value="1719"/>
          <other otherDesc="SEDOL" value="6687991"/>
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        <balance>1109800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>13314680.6800000000</valUSD>
        <pctVal>0.0649497707</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>
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      <invstOrSec>
        <name>Tokyu Construction Co Ltd</name>
        <lei>529900AF5X5AZCMDF192</lei>
        <title>Tokyu Construction Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3567410000"/>
          <ticker value="1720"/>
          <other otherDesc="SEDOL" value="6689351"/>
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        <balance>1777700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>13123457.4600000000</valUSD>
        <pctVal>0.0640169730</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>
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      <invstOrSec>
        <name>Premier Investments Ltd</name>
        <lei>N/A</lei>
        <title>Premier Investments Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000PMV2"/>
          <ticker value="PMV"/>
          <other otherDesc="SEDOL" value="6699781"/>
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        <balance>1.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>8.2600000000</valUSD>
        <pctVal>0.0000000403</pctVal>
        <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>Daitron Co Ltd</name>
        <lei>N/A</lei>
        <title>Daitron Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3487600003"/>
          <ticker value="7609"/>
          <other otherDesc="SEDOL" value="6171041"/>
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        <balance>213300.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Harvey Norman Holdings Ltd</name>
        <lei>529900ONRWOF42PYKU59</lei>
        <title>Harvey Norman Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000HVN7"/>
          <ticker value="HVN"/>
          <other otherDesc="SEDOL" value="6173508"/>
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        <balance>5128998.0000000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Siix Corp</name>
        <lei>N/A</lei>
        <title>Siix Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3346700002"/>
          <ticker value="7613"/>
          <other otherDesc="SEDOL" value="6174556"/>
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        <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>Cedar Woods Properties Ltd</name>
        <lei>9845005E52CDEBDEF822</lei>
        <title>Cedar Woods Properties Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="AU000000CWP1"/>
          <ticker value="CWP"/>
          <other otherDesc="SEDOL" value="6182281"/>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
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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>Migdal Insurance &amp; Financial Holdings Ltd</name>
        <lei>549300W4Y1WPXVCYYE42</lei>
        <title>Migdal Insurance &amp; Financial Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010811656"/>
          <ticker value="MGDL"/>
          <other otherDesc="SEDOL" value="6509062"/>
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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>EDION Corp</name>
        <lei>353800697NBCW7EAHZ97</lei>
        <title>EDION Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3164470001"/>
          <ticker value="2730"/>
          <other otherDesc="SEDOL" value="6512714"/>
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        <balance>1227400.0000000000</balance>
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        <valUSD>19583539.3400000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>J-Oil Mills Inc</name>
        <lei>353800RFBICAX3MSBI46</lei>
        <title>J-Oil Mills Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3840000008"/>
          <ticker value="2613"/>
          <other otherDesc="SEDOL" value="6512747"/>
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        <balance>1300.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>18874.1800000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ari Real Estate Arena Investment Ltd</name>
        <lei>N/A</lei>
        <title>Ari Real Estate Arena Investment Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0003660136"/>
          <ticker value="ARIN"/>
          <other otherDesc="SEDOL" value="6513234"/>
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        <balance>120965.0000000000</balance>
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        <valUSD>201257.8100000000</valUSD>
        <pctVal>0.0009817471</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>Luckland Co Ltd</name>
        <lei>N/A</lei>
        <title>Luckland Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3968000004"/>
          <ticker value="9612"/>
          <other otherDesc="SEDOL" value="6513717"/>
        </identifiers>
        <balance>33600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>258186.0400000000</valUSD>
        <pctVal>0.0012594462</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>Life Corp</name>
        <lei>N/A</lei>
        <title>Life Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3966600003"/>
          <ticker value="8194"/>
          <other otherDesc="SEDOL" value="6515821"/>
        </identifiers>
        <balance>1178500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>19925585.6900000000</valUSD>
        <pctVal>0.0971981419</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>Arata Corp</name>
        <lei>N/A</lei>
        <title>Arata Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3125100002"/>
          <ticker value="2733"/>
          <other otherDesc="SEDOL" value="6517515"/>
        </identifiers>
        <balance>520100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>8866607.5800000000</valUSD>
        <pctVal>0.0432518168</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>Sala Corp</name>
        <lei>N/A</lei>
        <title>Sala Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3310350008"/>
          <ticker value="2734"/>
          <other otherDesc="SEDOL" value="6520609"/>
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        <balance>416700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3194631.9600000000</valUSD>
        <pctVal>0.0155835967</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>Jumbo Interactive Ltd</name>
        <lei>52990094T9F7X0NC0X54</lei>
        <title>Jumbo Interactive Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000JIN0"/>
          <ticker value="JIN"/>
          <other otherDesc="SEDOL" value="6524474"/>
        </identifiers>
        <balance>225877.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>1184205.0700000000</valUSD>
        <pctVal>0.0057766198</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marubun Corp</name>
        <lei>N/A</lei>
        <title>Marubun Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3877500003"/>
          <ticker value="7537"/>
          <other otherDesc="SEDOL" value="6526500"/>
        </identifiers>
        <balance>345600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4081907.6400000000</valUSD>
        <pctVal>0.0199117780</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>Brembo NV</name>
        <lei>549300BLWVJN2BAT0A44</lei>
        <title>Brembo NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0015001KT6"/>
          <ticker value="BRE"/>
          <other otherDesc="SEDOL" value="BSMM753"/>
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        <balance>908876.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>10691153.5700000000</valUSD>
        <pctVal>0.0521520561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AQ Group AB</name>
        <lei>549300CN568MD1JD3E40</lei>
        <title>AQ Group AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0022062196"/>
          <ticker value="AQ"/>
          <other otherDesc="SEDOL" value="BSD4GW8"/>
        </identifiers>
        <balance>819590.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>18502787.2300000000</valUSD>
        <pctVal>0.0902576500</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VSTECS Holdings Ltd</name>
        <lei>N/A</lei>
        <title>VSTECS Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG9400C1116"/>
          <ticker value="856"/>
          <other otherDesc="SEDOL" value="6527031"/>
        </identifiers>
        <balance>7808000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>9825202.2200000000</valUSD>
        <pctVal>0.0479278961</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tomen Devices Corp</name>
        <lei>N/A</lei>
        <title>Tomen Devices Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3553900006"/>
          <ticker value="2737"/>
          <other otherDesc="SEDOL" value="6530299"/>
        </identifiers>
        <balance>5400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1156524.7400000000</valUSD>
        <pctVal>0.0056415936</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>GLTECHNO HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>GLTECHNO HOLDINGS INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3386930006"/>
          <ticker value="255A"/>
          <other otherDesc="SEDOL" value="BSZ6T12"/>
        </identifiers>
        <balance>1100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>35823.9400000000</valUSD>
        <pctVal>0.0001747512</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>Siegfried Holding AG</name>
        <lei>506700J9QD6IF3937W06</lei>
        <title>Siegfried Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH1429326825"/>
          <ticker value="SFZN"/>
          <other otherDesc="SEDOL" value="BVBM904"/>
        </identifiers>
        <balance>665541.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>59543360.1800000000</valUSD>
        <pctVal>0.2904559025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Blue Zones Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Blue Zones Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3831110006"/>
          <ticker value="417A"/>
          <other otherDesc="SEDOL" value="BSRFNL5"/>
        </identifiers>
        <balance>690600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>7974722.4500000000</valUSD>
        <pctVal>0.0389011503</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>Aumovio SE</name>
        <lei>391200IGI9RQ7VTOK384</lei>
        <title>Aumovio SE</title>
        <cusip>ACI30B2B8</cusip>
        <identifiers>
          <isin value="DE000AUM0V10"/>
          <ticker value="AMV0"/>
          <other otherDesc="SEDOL" value="BMYPLM3"/>
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        <balance>1102398.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>47045009.6600000000</valUSD>
        <pctVal>0.2294882368</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>L1 Group Ltd</name>
        <lei>254900P02G6ZRXQO0R61</lei>
        <title>L1 Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000423501"/>
          <ticker value="L1G"/>
          <other otherDesc="SEDOL" value="BSPVFM0"/>
        </identifiers>
        <balance>4400918.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>4161281.1700000000</valUSD>
        <pctVal>0.0202989666</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tkms AG&amp; Co KGaA</name>
        <lei>529900W81B194B0E0078</lei>
        <title>Tkms AG&amp; Co KGaA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000TKMS001"/>
          <ticker value="TKMS"/>
          <other otherDesc="SEDOL" value="BS801X7"/>
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        <balance>51824.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>5292812.1200000000</valUSD>
        <pctVal>0.0258186390</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>dormakaba Holding AG</name>
        <lei>529900QMU5ZH99KMQK13</lei>
        <title>dormakaba Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH1486524122"/>
          <ticker value="DOKA"/>
          <other otherDesc="SEDOL" value="BV5CBN7"/>
        </identifiers>
        <balance>362079.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>25876543.8100000000</valUSD>
        <pctVal>0.1262272546</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Diversified Energy Co</name>
        <lei>529900XTQ3OKXR6P0H74</lei>
        <title>Diversified Energy Co</title>
        <cusip>25520W107</cusip>
        <identifiers>
          <isin value="US25520W1071"/>
          <ticker value="DEC"/>
          <other otherDesc="SEDOL" value="BV4H649"/>
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        <balance>929863.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>14002597.2400000000</valUSD>
        <pctVal>0.0683054669</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>Smiths News PLC</name>
        <lei>2138004O33ONVOOQXB02</lei>
        <title>Smiths News PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B17WCR61"/>
          <ticker value="SNWS"/>
          <other otherDesc="SEDOL" value="B17WCR6"/>
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        <balance>181595.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>170697.6800000000</valUSD>
        <pctVal>0.0008326730</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mineral Resources Ltd</name>
        <lei>5299007V1ACKFFX2P066</lei>
        <title>Mineral Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MIN4"/>
          <ticker value="MIN"/>
          <other otherDesc="SEDOL" value="B17ZL56"/>
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        <balance>29487.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>1362788.5100000000</valUSD>
        <pctVal>0.0066477600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Transaction Media Networks Inc</name>
        <lei>N/A</lei>
        <title>Transaction Media Networks Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3635690005"/>
          <ticker value="5258"/>
          <other otherDesc="SEDOL" value="BQQ7GM0"/>
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        <balance>1200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3294.6300000000</valUSD>
        <pctVal>0.0000160714</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>Scatec ASA</name>
        <lei>5967007LIEEXZXIARK36</lei>
        <title>Scatec ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010715139"/>
          <ticker value="SCATC"/>
          <other otherDesc="SEDOL" value="BQSSWW3"/>
        </identifiers>
        <balance>1629389.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>16812731.4000000000</valUSD>
        <pctVal>0.0820134614</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Emeis SA</name>
        <lei>969500LHIH3NT7PK1V89</lei>
        <title>Emeis SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400NLM4"/>
          <ticker value="EMEIS"/>
          <other otherDesc="SEDOL" value="BR1WF20"/>
        </identifiers>
        <balance>1267370.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>19247130.3200000000</valUSD>
        <pctVal>0.0938885980</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zenhoren Co Ltd</name>
        <lei>N/A</lei>
        <title>Zenhoren Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3430100002"/>
          <ticker value="5845"/>
          <other otherDesc="SEDOL" value="BR55L72"/>
        </identifiers>
        <balance>7100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>54144.7900000000</valUSD>
        <pctVal>0.0002641214</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>Posti Group Oyj</name>
        <lei>743700DOHLQIENKTC391</lei>
        <title>Posti Group Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000592159"/>
          <ticker value="POSTI"/>
          <other otherDesc="SEDOL" value="BRC1W69"/>
        </identifiers>
        <balance>34131.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>513919.0600000000</valUSD>
        <pctVal>0.0025069264</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ashdod Refinery Ltd</name>
        <lei>549300PCINY5ZLVLX226</lei>
        <title>Ashdod Refinery Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011989105"/>
          <ticker value="ARF"/>
          <other otherDesc="SEDOL" value="BRCFJN7"/>
        </identifiers>
        <balance>22680.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>924094.9500000000</valUSD>
        <pctVal>0.0045077878</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>Ceres Inc/Japan</name>
        <lei>N/A</lei>
        <title>Ceres Inc/Japan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3423570005"/>
          <ticker value="3696"/>
          <other otherDesc="SEDOL" value="BRG9CZ8"/>
        </identifiers>
        <balance>89200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1231378.4100000000</valUSD>
        <pctVal>0.0060067340</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>AlphaPolis Co Ltd</name>
        <lei>N/A</lei>
        <title>AlphaPolis Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3126410004"/>
          <ticker value="9467"/>
          <other otherDesc="SEDOL" value="BRG9JV3"/>
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        <balance>14100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>104318.0000000000</valUSD>
        <pctVal>0.0005088691</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>Granges AB</name>
        <lei>5493006UG44TYSIXOB13</lei>
        <title>Granges AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0006288015"/>
          <ticker value="GRNG"/>
          <other otherDesc="SEDOL" value="BRJ3BP0"/>
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        <balance>1361888.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>25614516.8800000000</valUSD>
        <pctVal>0.1249490723</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seibu Giken Co Ltd</name>
        <lei>N/A</lei>
        <title>Seibu Giken Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3415750003"/>
          <ticker value="6223"/>
          <other otherDesc="SEDOL" value="BRJ7YN1"/>
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        <balance>6700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>80672.3400000000</valUSD>
        <pctVal>0.0003935243</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>ROCKWOOL A/S</name>
        <lei>213800QRC7LNX935OZ09</lei>
        <title>ROCKWOOL A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0063855168"/>
          <ticker value="ROCKB"/>
          <other otherDesc="SEDOL" value="BRJCHK4"/>
        </identifiers>
        <balance>58429.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.4354500000"/>
        <valUSD>1872521.8100000000</valUSD>
        <pctVal>0.0091342680</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Berner Industrier AB</name>
        <lei>213800KL43V8X6MPRD94</lei>
        <title>Berner Industrier AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0006143129"/>
          <ticker value="BERNERB"/>
          <other otherDesc="SEDOL" value="BRKD9V1"/>
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        <balance>406.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>3225.0300000000</valUSD>
        <pctVal>0.0000157319</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Petronor E&amp;P ASA</name>
        <lei>984500AEEH2D2AK42C11</lei>
        <title>Petronor E&amp;P ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0012942525"/>
          <ticker value="PNOR"/>
          <other otherDesc="SEDOL" value="BRS79H1"/>
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        <balance>185394.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>231250.3400000000</valUSD>
        <pctVal>0.0011280523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New Murchison Gold Ltd</name>
        <lei>529900ZWLB16ZFZDXJ25</lei>
        <title>New Murchison Gold Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000365348"/>
          <ticker value="NMG"/>
          <other otherDesc="SEDOL" value="BRWLQ78"/>
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        <balance>13358209.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>659889.1900000000</valUSD>
        <pctVal>0.0032189771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Rusta AB</name>
        <lei>549300V512S3QMRNO618</lei>
        <title>Rusta AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0020848356"/>
          <ticker value="RUSTA"/>
          <other otherDesc="SEDOL" value="BS85S97"/>
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        <balance>1402220.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>11875221.1200000000</valUSD>
        <pctVal>0.0579280050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cuscal Ltd</name>
        <lei>549300UW56DH4EXVZS92</lei>
        <title>Cuscal Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000362105"/>
          <ticker value="CCL"/>
          <other otherDesc="SEDOL" value="BSKNPH6"/>
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        <balance>1189095.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>4702378.6800000000</valUSD>
        <pctVal>0.0229384710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Vault Minerals Ltd</name>
        <lei>5299008TF8KHQ8CIQG34</lei>
        <title>Vault Minerals Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000355588"/>
          <ticker value="VAU"/>
          <other otherDesc="SEDOL" value="BSML1B4"/>
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        <balance>22339044.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>106658430.1500000000</valUSD>
        <pctVal>0.5202858974</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morrow Bank AB</name>
        <lei>9845009C8D6CC754F846</lei>
        <title>Morrow Bank AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0026852725"/>
          <ticker value="MORROW"/>
          <other otherDesc="SEDOL" value="BSSDQ64"/>
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        <balance>16501.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>25688.0500000000</valUSD>
        <pctVal>0.0001253078</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>METAWATER Co Ltd</name>
        <lei>N/A</lei>
        <title>METAWATER Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3921260000"/>
          <ticker value="9551"/>
          <other otherDesc="SEDOL" value="BSTJDT3"/>
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        <balance>276900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>5394409.5800000000</valUSD>
        <pctVal>0.0263142372</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Hafnia Ltd</name>
        <lei>5493001KCFT0SCGJ2647</lei>
        <title>Hafnia Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXZ53070850"/>
          <ticker value="HAFNI"/>
          <other otherDesc="SEDOL" value="BSY3S84"/>
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        <balance>9045519.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>76563176.0700000000</valUSD>
        <pctVal>0.3734795338</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>DFS Furniture PLC</name>
        <lei>213800GDSOBNKS1U1P93</lei>
        <title>DFS Furniture PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BTC0LB89"/>
          <ticker value="DFS"/>
          <other otherDesc="SEDOL" value="BTC0LB8"/>
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        <balance>392859.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>879995.8100000000</valUSD>
        <pctVal>0.0042926697</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Press Kogyo Co Ltd</name>
        <lei>353800Z8ABLQL0MHSA16</lei>
        <title>Press Kogyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3833600004"/>
          <ticker value="7246"/>
          <other otherDesc="SEDOL" value="6701006"/>
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        <balance>2886000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>18159751.1400000000</valUSD>
        <pctVal>0.0885843004</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>MORESCO Corp</name>
        <lei>N/A</lei>
        <title>MORESCO Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3868850003"/>
          <ticker value="5018"/>
          <other otherDesc="SEDOL" value="6701910"/>
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        <balance>1500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>22652.6800000000</valUSD>
        <pctVal>0.0001105011</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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JB Hi-Fi Ltd</name>
        <lei>529900TPC8H040Y3ZQ65</lei>
        <title>JB Hi-Fi Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000JBH7"/>
          <ticker value="JBH"/>
          <other otherDesc="SEDOL" value="6702623"/>
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        <balance>12653.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>605471.1200000000</valUSD>
        <pctVal>0.0029535226</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Prima Meat Packers Ltd</name>
        <lei>353800FLEUUL20RKCU14</lei>
        <title>Prima Meat Packers Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3833200003"/>
          <ticker value="2281"/>
          <other otherDesc="SEDOL" value="6703400"/>
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        <balance>226400.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3474644.3700000000</valUSD>
        <pctVal>0.0169495131</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Metro Mining Ltd</name>
        <lei>52990041K94ARLA23314</lei>
        <title>Metro Mining Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MMI6"/>
          <ticker value="MMI"/>
          <other otherDesc="SEDOL" value="BTDBK35"/>
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        <balance>3336192.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
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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>Avarda Bank AB</name>
        <lei>529900BGZZZTLLBR1X49</lei>
        <title>Avarda Bank AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0025666969"/>
          <ticker value="AVARDA"/>
          <other otherDesc="SEDOL" value="BTMHZL7"/>
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        <balance>288278.0000000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
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        <pctVal>0.0306077350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMP Ltd</name>
        <lei>5299000D93LTLU0UJR35</lei>
        <title>AMP Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000AMP6"/>
          <ticker value="AMP"/>
          <other otherDesc="SEDOL" value="6709958"/>
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        <balance>9166512.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
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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>Japan Petroleum Exploration Co Ltd</name>
        <lei>549300WXUNBZ356DMN17</lei>
        <title>Japan Petroleum Exploration Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3421100003"/>
          <ticker value="1662"/>
          <other otherDesc="SEDOL" value="6711696"/>
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        <balance>2991300.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Appen Ltd</name>
        <lei>254900XDTS1IBK6ZMQ16</lei>
        <title>Appen Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000APX3"/>
          <ticker value="APX"/>
          <other otherDesc="SEDOL" value="BTPJH25"/>
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        <balance>714956.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
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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>Johnson Matthey PLC</name>
        <lei>2138001AVBSD1HSC6Z10</lei>
        <title>Johnson Matthey PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BTQHVY80"/>
          <ticker value="JMAT"/>
          <other otherDesc="SEDOL" value="BTQHVY8"/>
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        <balance>3247582.0000000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
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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>CSI Properties Ltd</name>
        <lei>N/A</lei>
        <title>CSI Properties Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="BMG2581C1257"/>
          <ticker value="2612"/>
          <other otherDesc="SEDOL" value="BTVLD83"/>
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        <balance>4000.0000000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
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              <counterpartyName>CSI Properties Ltd</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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                <issuerName>CSI Properties Ltd</issuerName>
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            <shareNo>4000</shareNo>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tekscend Photomask Corp</name>
        <lei>353800F4MU4MCZEB9S06</lei>
        <title>Tekscend Photomask Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3545320008"/>
          <ticker value="429A"/>
          <other otherDesc="SEDOL" value="BTWQNZ4"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Halows Co Ltd</name>
        <lei>N/A</lei>
        <title>Halows Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3773750009"/>
          <ticker value="2742"/>
          <other otherDesc="SEDOL" value="6539702"/>
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        <balance>126300.0000000000</balance>
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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>Fox Wizel Ltd</name>
        <lei>984500CD14C1DFBH7712</lei>
        <title>Fox Wizel Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010870223"/>
          <ticker value="FOX"/>
          <other otherDesc="SEDOL" value="6541741"/>
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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>Daikoku Denki Co Ltd</name>
        <lei>N/A</lei>
        <title>Daikoku Denki Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3483100008"/>
          <ticker value="6430"/>
          <other otherDesc="SEDOL" value="6548656"/>
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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>Mabuchi Motor Co Ltd</name>
        <lei>N/A</lei>
        <title>Mabuchi Motor Co Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="JP3870000001"/>
          <ticker value="6592"/>
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        <balance>127200.0000000000</balance>
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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>Macmahon Holdings Ltd</name>
        <lei>52990031UMN8E6ARZC86</lei>
        <title>Macmahon Holdings Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="AU000000MAH3"/>
          <ticker value="MAH"/>
          <other otherDesc="SEDOL" value="6551160"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Marvelous Inc</name>
        <lei>N/A</lei>
        <title>Marvelous Inc</title>
        <cusip>N/A</cusip>
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          <isin value="JP3860230006"/>
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        <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>North American Construction Group Ltd</name>
        <lei>549300DQ6060LO4XGI15</lei>
        <title>North American Construction Group Ltd</title>
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        <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>Marudai Food Co Ltd</name>
        <lei>353800LHI69F4PWPX646</lei>
        <title>Marudai Food Co Ltd</title>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cellcom Israel Ltd</name>
        <lei>529900438MNY6TZ5ZY17</lei>
        <title>Cellcom Israel Ltd</title>
        <cusip>N/A</cusip>
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          <ticker value="CEL"/>
          <other otherDesc="SEDOL" value="B23WQK8"/>
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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>NRW Holdings Ltd</name>
        <lei>5493003S2MORCH0HEL95</lei>
        <title>NRW Holdings Ltd</title>
        <cusip>N/A</cusip>
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          <ticker value="NWH"/>
          <other otherDesc="SEDOL" value="B23XW70"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Challenger Gold Ltd</name>
        <lei>N/A</lei>
        <title>Challenger Gold Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CEL8"/>
          <ticker value="CEL"/>
          <other otherDesc="SEDOL" value="B28V912"/>
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        <balance>2914.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>4194.1600000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>nib holdings Ltd/Australia</name>
        <lei>529900SPKHL951XMJC07</lei>
        <title>nib holdings Ltd/Australia</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000NHF0"/>
          <ticker value="NHF"/>
          <other otherDesc="SEDOL" value="B28ZM60"/>
        </identifiers>
        <balance>29957.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>145664.7200000000</valUSD>
        <pctVal>0.0007105608</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>First Resources Ltd</name>
        <lei>5493007RRD817HUP4O49</lei>
        <title>First Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1W35938974"/>
          <ticker value="FR"/>
          <other otherDesc="SEDOL" value="B2927P4"/>
        </identifiers>
        <balance>13658900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>49079949.0800000000</valUSD>
        <pctVal>0.2394147872</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>Southern Cross Electrical Engineering Ltd</name>
        <lei>N/A</lei>
        <title>Southern Cross Electrical Engineering Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SXE9"/>
          <ticker value="SXE"/>
          <other otherDesc="SEDOL" value="B296336"/>
        </identifiers>
        <balance>190783.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>565340.3000000000</valUSD>
        <pctVal>0.0027577622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daldrup &amp; Soehne AG</name>
        <lei>529900ZRINMVRLGE9A07</lei>
        <title>Daldrup &amp; Soehne AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0007830572"/>
          <ticker value="4DS"/>
          <other otherDesc="SEDOL" value="B29LXV9"/>
        </identifiers>
        <balance>364.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>9615.5000000000</valUSD>
        <pctVal>0.0000469050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Paragon Banking Group PLC</name>
        <lei>213800S1TDKIB1IUTS72</lei>
        <title>Paragon Banking Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B2NGPM57"/>
          <ticker value="PAG"/>
          <other otherDesc="SEDOL" value="B2NGPM5"/>
        </identifiers>
        <balance>4144766.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>44437647.8500000000</valUSD>
        <pctVal>0.2167693773</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Seven Bank Ltd</name>
        <lei>353800WMG1NLGHB7B594</lei>
        <title>Seven Bank Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3105220002"/>
          <ticker value="8410"/>
          <other otherDesc="SEDOL" value="B2NT8S1"/>
        </identifiers>
        <balance>11698600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>24769645.3300000000</valUSD>
        <pctVal>0.1208277408</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>Metall Zug AG</name>
        <lei>529900X7CXUI05DN7K64</lei>
        <title>Metall Zug AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0039821084"/>
          <ticker value="METN"/>
          <other otherDesc="SEDOL" value="B39HW28"/>
        </identifiers>
        <balance>13.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>14064.8000000000</valUSD>
        <pctVal>0.0000686089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SMA Solar Technology AG</name>
        <lei>529900Q6JQHI8X451Q21</lei>
        <title>SMA Solar Technology AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A0DJ6J9"/>
          <ticker value="S92"/>
          <other otherDesc="SEDOL" value="B3B20H2"/>
        </identifiers>
        <balance>200136.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>13729237.9200000000</valUSD>
        <pctVal>0.0669720046</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Emperor Watch &amp; Jewellery Ltd</name>
        <lei>N/A</lei>
        <title>Emperor Watch &amp; Jewellery Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0000047982"/>
          <ticker value="887"/>
          <other otherDesc="SEDOL" value="B3BPX72"/>
        </identifiers>
        <balance>3930000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>149798.7100000000</valUSD>
        <pctVal>0.0007307266</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rami Levy 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"/>
          <ticker value="RMLI"/>
          <other otherDesc="SEDOL" value="B3CR162"/>
        </identifiers>
        <balance>4021.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>471714.9800000000</valUSD>
        <pctVal>0.0023010525</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>Greatland Resources Ltd</name>
        <lei>213800KQI75ZGE53GX44</lei>
        <title>Greatland Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000397705"/>
          <ticker value="GGP"/>
          <other otherDesc="SEDOL" value="BTXLW40"/>
        </identifiers>
        <balance>1513950.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>12955872.8100000000</valUSD>
        <pctVal>0.0631994855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Baladi Ltd</name>
        <lei>N/A</lei>
        <title>Baladi Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0012125394"/>
          <ticker value="BLDI"/>
          <other otherDesc="SEDOL" value="BV0XRF9"/>
        </identifiers>
        <balance>9789.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>198128.7300000000</valUSD>
        <pctVal>0.0009664832</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>Schaeffler AG</name>
        <lei>549300Q7E782X7GC1P43</lei>
        <title>Schaeffler AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000SHA0100"/>
          <ticker value="SHA0"/>
          <other otherDesc="SEDOL" value="BV5F6V9"/>
        </identifiers>
        <balance>454505.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>3889024.6000000000</valUSD>
        <pctVal>0.0189708835</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Computacenter PLC</name>
        <lei>549300XSXUZ1I19DB105</lei>
        <title>Computacenter PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BV9FP302"/>
          <ticker value="CCC"/>
          <other otherDesc="SEDOL" value="BV9FP30"/>
        </identifiers>
        <balance>1205981.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>92050025.7700000000</valUSD>
        <pctVal>0.4490252688</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dyno Nobel Ltd</name>
        <lei>254900UW2F3BKV6Z9V18</lei>
        <title>Dyno Nobel Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000390544"/>
          <ticker value="DNL"/>
          <other otherDesc="SEDOL" value="BVBH523"/>
        </identifiers>
        <balance>24900307.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>67346235.6700000000</valUSD>
        <pctVal>0.3285187736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hoist Finance AB</name>
        <lei>549300NPK3FB2BEL4D08</lei>
        <title>Hoist Finance AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0006887063"/>
          <ticker value="HOFI"/>
          <other otherDesc="SEDOL" value="BVFZND0"/>
        </identifiers>
        <balance>570683.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>13009847.2400000000</valUSD>
        <pctVal>0.0634627759</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hokuryo Co Ltd/Hokkaido</name>
        <lei>N/A</lei>
        <title>Hokuryo Co Ltd/Hokkaido</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3845670003"/>
          <ticker value="1384"/>
          <other otherDesc="SEDOL" value="BVTSLP3"/>
        </identifiers>
        <balance>22800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>316828.4300000000</valUSD>
        <pctVal>0.0015455071</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>GMO Financial Holdings Inc</name>
        <lei>N/A</lei>
        <title>GMO Financial Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3386550002"/>
          <ticker value="7177"/>
          <other otherDesc="SEDOL" value="BVVQ8T8"/>
        </identifiers>
        <balance>132800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1011131.0800000000</valUSD>
        <pctVal>0.0049323550</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>NNIT A/S</name>
        <lei>549300KM8QVF7WR40664</lei>
        <title>NNIT A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060580512"/>
          <ticker value="NNIT"/>
          <other otherDesc="SEDOL" value="BVZHXJ2"/>
        </identifiers>
        <balance>2397.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.4354500000"/>
        <valUSD>15153.7200000000</valUSD>
        <pctVal>0.0000739207</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hiscox Ltd</name>
        <lei>5493007JXOLJ0QCY2D70</lei>
        <title>Hiscox Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG4593F1389"/>
          <ticker value="HSX"/>
          <other otherDesc="SEDOL" value="BVZHXQ9"/>
        </identifiers>
        <balance>251406.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>6220116.1800000000</valUSD>
        <pctVal>0.0303420810</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OVS SpA</name>
        <lei>8156001A772766DCAA71</lei>
        <title>OVS SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005043507"/>
          <ticker value="OVS"/>
          <other otherDesc="SEDOL" value="BW0D7R8"/>
        </identifiers>
        <balance>9215917.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>63783871.1200000000</valUSD>
        <pctVal>0.3111413564</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Miraini Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Miraini Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3910590003"/>
          <ticker value="546A"/>
          <other otherDesc="SEDOL" value="BW1LX28"/>
        </identifiers>
        <balance>29770.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>447969.2400000000</valUSD>
        <pctVal>0.0021852195</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>Amot Investments Ltd</name>
        <lei>N/A</lei>
        <title>Amot Investments Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010972789"/>
          <ticker value="AMOT"/>
          <other otherDesc="SEDOL" value="B18MCB9"/>
        </identifiers>
        <balance>351354.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>2295337.0000000000</valUSD>
        <pctVal>0.0111967846</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>Bic Camera Inc</name>
        <lei>353800MQU1LJXY6N8N97</lei>
        <title>Bic Camera Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3800390001"/>
          <ticker value="3048"/>
          <other otherDesc="SEDOL" value="B194YN0"/>
        </identifiers>
        <balance>228300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2543579.2700000000</valUSD>
        <pctVal>0.0124077246</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>Daikokutenbussan Co Ltd</name>
        <lei>N/A</lei>
        <title>Daikokutenbussan Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3483050005"/>
          <ticker value="2791"/>
          <other otherDesc="SEDOL" value="6713186"/>
        </identifiers>
        <balance>35000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1015707.2300000000</valUSD>
        <pctVal>0.0049546777</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>SBS Holdings Inc</name>
        <lei>N/A</lei>
        <title>SBS Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3163500006"/>
          <ticker value="2384"/>
          <other otherDesc="SEDOL" value="6713227"/>
        </identifiers>
        <balance>263500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>8609511.5000000000</valUSD>
        <pctVal>0.0419976875</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>Elecnor SA</name>
        <lei>95980020140005491250</lei>
        <title>Elecnor SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0129743318"/>
          <ticker value="ENO"/>
          <other otherDesc="SEDOL" value="B3CTJS6"/>
        </identifiers>
        <balance>300733.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>10932962.2900000000</valUSD>
        <pctVal>0.0533316128</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JVCKenwood Corp</name>
        <lei>529900GGYCEJXM5Y6961</lei>
        <title>JVCKenwood Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3386410009"/>
          <ticker value="6632"/>
          <other otherDesc="SEDOL" value="B3CY5L6"/>
        </identifiers>
        <balance>4574000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>29460784.2900000000</valUSD>
        <pctVal>0.1437113838</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>YAMABIKO Corp</name>
        <lei>N/A</lei>
        <title>YAMABIKO Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3943000004"/>
          <ticker value="6250"/>
          <other otherDesc="SEDOL" value="B3FD1T0"/>
        </identifiers>
        <balance>421800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>11595710.2200000000</valUSD>
        <pctVal>0.0565645349</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>ASR Nederland NV</name>
        <lei>7245000G0HS48PZWUD53</lei>
        <title>ASR Nederland NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0011872643"/>
          <ticker value="ASRNL"/>
          <other otherDesc="SEDOL" value="BD9PNF2"/>
        </identifiers>
        <balance>4985.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>420085.2000000000</valUSD>
        <pctVal>0.0020491995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Basic-Fit NV</name>
        <lei>724500HUXGTQC07CAZ61</lei>
        <title>Basic-Fit NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0011872650"/>
          <ticker value="BFIT"/>
          <other otherDesc="SEDOL" value="BD9Y9B7"/>
        </identifiers>
        <balance>699290.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>27224393.1700000000</valUSD>
        <pctVal>0.1328021406</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Segue Group Co Ltd</name>
        <lei>N/A</lei>
        <title>Segue Group Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3421350004"/>
          <ticker value="3968"/>
          <other otherDesc="SEDOL" value="BDCGPS9"/>
        </identifiers>
        <balance>16700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>70349.4900000000</valUSD>
        <pctVal>0.0003431688</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>Koa Shoji Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Koa Shoji Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3283420002"/>
          <ticker value="9273"/>
          <other otherDesc="SEDOL" value="BDCL238"/>
        </identifiers>
        <balance>12800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>60783.8300000000</valUSD>
        <pctVal>0.0002965070</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>Capricorn Metals Ltd</name>
        <lei>529900CRG304NUYMOV23</lei>
        <title>Capricorn Metals Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CMM9"/>
          <ticker value="CMM"/>
          <other otherDesc="SEDOL" value="BDD98W2"/>
        </identifiers>
        <balance>426634.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>5075635.7600000000</valUSD>
        <pctVal>0.0247592403</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AcadeMedia AB</name>
        <lei>549300H47PGHY4JNKO68</lei>
        <title>AcadeMedia AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0007897079"/>
          <ticker value="ACAD"/>
          <other otherDesc="SEDOL" value="BDHFV61"/>
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        <balance>407053.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>4309715.7400000000</valUSD>
        <pctVal>0.0210230389</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FaithNetwork Co Ltd</name>
        <lei>N/A</lei>
        <title>FaithNetwork Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3803030000"/>
          <ticker value="3489"/>
          <other otherDesc="SEDOL" value="BDT8G18"/>
        </identifiers>
        <balance>1900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>10249.1300000000</valUSD>
        <pctVal>0.0000499958</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>Beijer Alma AB</name>
        <lei>549300HJX9BNG5055Z38</lei>
        <title>Beijer Alma AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0011090547"/>
          <ticker value="BEIAB"/>
          <other otherDesc="SEDOL" value="BDZVKR5"/>
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        <balance>55052.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>1729973.5700000000</valUSD>
        <pctVal>0.0084389096</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ayvens SA</name>
        <lei>969500E7V019H9NP7427</lei>
        <title>Ayvens SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013258662"/>
          <ticker value="AYV"/>
          <other otherDesc="SEDOL" value="BF03BV1"/>
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        <balance>1926.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>25449.5800000000</valUSD>
        <pctVal>0.0001241445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Crystal International Group Ltd</name>
        <lei>N/A</lei>
        <title>Crystal International Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG2701R1011"/>
          <ticker value="2232"/>
          <other otherDesc="SEDOL" value="BF09MJ4"/>
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        <balance>4444500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>3962678.7700000000</valUSD>
        <pctVal>0.0193301728</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Elmor Electrical Installation &amp; Services 1986 Ltd</name>
        <lei>N/A</lei>
        <title>Elmor Electrical Installation &amp; Services 1986 Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011424541"/>
          <ticker value="ELMR"/>
          <other otherDesc="SEDOL" value="BF173X8"/>
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        <balance>2736.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>22795.2000000000</valUSD>
        <pctVal>0.0001111963</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Arjo AB</name>
        <lei>549300OWGJPYKC6JF790</lei>
        <title>Arjo AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0010468116"/>
          <ticker value="ARJOB"/>
          <other otherDesc="SEDOL" value="BF17YL3"/>
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        <balance>1347878.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>3946257.3000000000</valUSD>
        <pctVal>0.0192500679</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MPC Container Ships ASA</name>
        <lei>213800MXS7CXYJ2Q1805</lei>
        <title>MPC Container Ships ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010791353"/>
          <ticker value="MPCC"/>
          <other otherDesc="SEDOL" value="BF20GN7"/>
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        <balance>11730134.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>33495887.0900000000</valUSD>
        <pctVal>0.1633948451</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MIPS AB</name>
        <lei>549300LZSA4S0L54VQ25</lei>
        <title>MIPS AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0009216278"/>
          <ticker value="MIPS"/>
          <other otherDesc="SEDOL" value="BF2CVV6"/>
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        <balance>156079.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>6080869.6500000000</valUSD>
        <pctVal>0.0296628285</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wagners Holding Co Ltd</name>
        <lei>N/A</lei>
        <title>Wagners Holding Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000WGN7"/>
          <ticker value="WGN"/>
          <other otherDesc="SEDOL" value="BF43355"/>
        </identifiers>
        <balance>1079728.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>3238209.1000000000</valUSD>
        <pctVal>0.0157961684</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lion Finance Group PLC</name>
        <lei>213800XKDG12NQG8VC53</lei>
        <title>Lion Finance Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BF4HYT85"/>
          <ticker value="BGEO"/>
          <other otherDesc="SEDOL" value="BF4HYT8"/>
        </identifiers>
        <balance>686764.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>123688170.4100000000</valUSD>
        <pctVal>0.6033579404</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Georgia Capital PLC</name>
        <lei>213800Q65T5GNBOW7H65</lei>
        <title>Georgia Capital PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BF4HYV08"/>
          <ticker value="CGEO"/>
          <other otherDesc="SEDOL" value="BF4HYV0"/>
        </identifiers>
        <balance>234993.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>13907132.1100000000</valUSD>
        <pctVal>0.0678397826</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>2020 Bulkers Ltd</name>
        <lei>549300402C8KQEW78U64</lei>
        <title>2020 Bulkers Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG9156K1018"/>
          <ticker value="2020"/>
          <other otherDesc="SEDOL" value="BF5BLM1"/>
        </identifiers>
        <balance>153224.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>68128.5700000000</valUSD>
        <pctVal>0.0003323350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aberdeen Group PLC</name>
        <lei>0TMBS544NMO7GLCE7H90</lei>
        <title>Aberdeen Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BF8Q6K64"/>
          <ticker value="ABDN"/>
          <other otherDesc="SEDOL" value="BF8Q6K6"/>
        </identifiers>
        <balance>1126714.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>3803358.0200000000</valUSD>
        <pctVal>0.0185529971</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TradeGo Fintech Ltd</name>
        <lei>N/A</lei>
        <title>TradeGo Fintech Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG8985W1042"/>
          <ticker value="8017"/>
          <other otherDesc="SEDOL" value="BFD2HF1"/>
        </identifiers>
        <balance>16000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>2470.2600000000</valUSD>
        <pctVal>0.0000120501</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fenix Resources Ltd</name>
        <lei>N/A</lei>
        <title>Fenix Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000025132"/>
          <ticker value="FEX"/>
          <other otherDesc="SEDOL" value="BGRDJF1"/>
        </identifiers>
        <balance>2953309.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>570897.7200000000</valUSD>
        <pctVal>0.0027848716</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Muninova Holdings Inc</name>
        <lei>N/A</lei>
        <title>Muninova Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3914100007"/>
          <ticker value="547A"/>
          <other otherDesc="SEDOL" value="BW1LX39"/>
        </identifiers>
        <balance>145900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>405297.2800000000</valUSD>
        <pctVal>0.0019770632</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>AEP Plantations PLC</name>
        <lei>2138009ROZICGP42QP19</lei>
        <title>AEP Plantations PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BWPD4D87"/>
          <ticker value="AEP"/>
          <other otherDesc="SEDOL" value="BWPD4D8"/>
        </identifiers>
        <balance>745003.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>2067385.9200000000</valUSD>
        <pctVal>0.0100848263</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Soundwill Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Soundwill Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG8277H1530"/>
          <ticker value="878"/>
          <other otherDesc="SEDOL" value="BWX5511"/>
        </identifiers>
        <balance>500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>394.8600000000</valUSD>
        <pctVal>0.0000019261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tobii AB</name>
        <lei>54930045LD4XTJCBGS35</lei>
        <title>Tobii AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0002591420"/>
          <ticker value="TOBII"/>
          <other otherDesc="SEDOL" value="BWXTN97"/>
        </identifiers>
        <balance>2188.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>277.5900000000</valUSD>
        <pctVal>0.0000013541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Raito Kogyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Raito Kogyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3965800000"/>
          <ticker value="1926"/>
          <other otherDesc="SEDOL" value="6721004"/>
        </identifiers>
        <balance>100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2394.2700000000</valUSD>
        <pctVal>0.0000116794</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>Arcs Co Ltd</name>
        <lei>N/A</lei>
        <title>Arcs Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3968600001"/>
          <ticker value="9948"/>
          <other otherDesc="SEDOL" value="6721930"/>
        </identifiers>
        <balance>720100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>16870295.3800000000</valUSD>
        <pctVal>0.0822942618</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>i-mobile Co Ltd</name>
        <lei>N/A</lei>
        <title>i-mobile Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3105210003"/>
          <ticker value="6535"/>
          <other otherDesc="SEDOL" value="BDB46M5"/>
        </identifiers>
        <balance>305700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>995501.9300000000</valUSD>
        <pctVal>0.0048561151</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>Tamar Petroleum Ltd</name>
        <lei>N/A</lei>
        <title>Tamar Petroleum Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011413577"/>
          <ticker value="TMRP"/>
          <other otherDesc="SEDOL" value="BDC3QV0"/>
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        <balance>80527.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>753952.4900000000</valUSD>
        <pctVal>0.0036778232</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>Challenger Ltd</name>
        <lei>529900ACCCAOHJ2V3169</lei>
        <title>Challenger Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CGF5"/>
          <ticker value="CGF"/>
          <other otherDesc="SEDOL" value="6726300"/>
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        <balance>3767707.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>25460732.7200000000</valUSD>
        <pctVal>0.1241989044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tosho Co Ltd</name>
        <lei>N/A</lei>
        <title>Tosho Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3594400008"/>
          <ticker value="8920"/>
          <other otherDesc="SEDOL" value="6727671"/>
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        <balance>16100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>73946.4700000000</valUSD>
        <pctVal>0.0003607151</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>Ricoh Leasing Co Ltd</name>
        <lei>N/A</lei>
        <title>Ricoh Leasing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3974100004"/>
          <ticker value="8566"/>
          <other otherDesc="SEDOL" value="6729116"/>
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        <balance>415300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>17807690.6300000000</valUSD>
        <pctVal>0.0868669292</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>Rengo Co Ltd</name>
        <lei>N/A</lei>
        <title>Rengo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3981400009"/>
          <ticker value="3941"/>
          <other otherDesc="SEDOL" value="6732200"/>
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        <balance>6119400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>62306015.8400000000</valUSD>
        <pctVal>0.3039322942</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>Rheon Automatic Machinery Co Ltd</name>
        <lei>N/A</lei>
        <title>Rheon Automatic Machinery Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3979400003"/>
          <ticker value="6272"/>
          <other otherDesc="SEDOL" value="6732619"/>
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        <balance>103300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1013336.2300000000</valUSD>
        <pctVal>0.0049431118</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>Software Service Inc</name>
        <lei>N/A</lei>
        <title>Software Service Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3436020006"/>
          <ticker value="3733"/>
          <other otherDesc="SEDOL" value="6734314"/>
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        <balance>1200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>92995.8100000000</valUSD>
        <pctVal>0.0004536389</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>Sandfire Resources Ltd</name>
        <lei>213800ZW52P23FVH1V47</lei>
        <title>Sandfire Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SFR8"/>
          <ticker value="SFR"/>
          <other otherDesc="SEDOL" value="6739739"/>
        </identifiers>
        <balance>2156058.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>35317997.5300000000</valUSD>
        <pctVal>0.1722832036</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Riken Technos Corp</name>
        <lei>353800S7OXXKLNDX3U70</lei>
        <title>Riken Technos Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3973000007"/>
          <ticker value="4220"/>
          <other otherDesc="SEDOL" value="6739900"/>
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        <balance>377300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>6135236.1900000000</valUSD>
        <pctVal>0.0299280316</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Nippon Coke &amp; Engineering Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Coke &amp; Engineering Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3889610006"/>
          <ticker value="3315"/>
          <other otherDesc="SEDOL" value="6740344"/>
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        <balance>1600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1028.0200000000</valUSD>
        <pctVal>0.0000050147</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Israel Canada T.R Ltd</name>
        <lei>N/A</lei>
        <title>Israel Canada T.R Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0004340191"/>
          <ticker value="ISCN"/>
          <other otherDesc="SEDOL" value="6742629"/>
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        <balance>241884.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>1160426.1000000000</valUSD>
        <pctVal>0.0056606246</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Rion Co Ltd</name>
        <lei>353800R49MNMRJHQF556</lei>
        <title>Rion Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3969700008"/>
          <ticker value="6823"/>
          <other otherDesc="SEDOL" value="6743064"/>
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        <balance>31300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>649275.8800000000</valUSD>
        <pctVal>0.0031672047</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>
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      </invstOrSec>
      <invstOrSec>
        <name>France Bed Holdings Co Ltd</name>
        <lei>353800EBNDTCYMRTFU33</lei>
        <title>France Bed Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3826500005"/>
          <ticker value="7840"/>
          <other otherDesc="SEDOL" value="6744056"/>
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        <balance>48200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>397288.6900000000</valUSD>
        <pctVal>0.0019379969</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>
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      </invstOrSec>
      <invstOrSec>
        <name>GS Yuasa Corp</name>
        <lei>353800MW7O6PQQHLDR79</lei>
        <title>GS Yuasa Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3385820000"/>
          <ticker value="6674"/>
          <other otherDesc="SEDOL" value="6744250"/>
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        <balance>1386900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>46065757.1800000000</valUSD>
        <pctVal>0.2247113874</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>
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      </invstOrSec>
      <invstOrSec>
        <name>OceanaGold Corp</name>
        <lei>549300CBMSE8I9N3E232</lei>
        <title>OceanaGold Corp</title>
        <cusip>675222400</cusip>
        <identifiers>
          <isin value="CA6752224007"/>
          <ticker value="OGC"/>
          <other otherDesc="SEDOL" value="BQXQY26"/>
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        <balance>3813028.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>112166493.4200000000</valUSD>
        <pctVal>0.5471545438</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>
      <invstOrSec>
        <name>Resimac Group Ltd</name>
        <lei>N/A</lei>
        <title>Resimac Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000033094"/>
          <ticker value="RMC"/>
          <other otherDesc="SEDOL" value="BGSH9N0"/>
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        <balance>17380.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>11891.1400000000</valUSD>
        <pctVal>0.0000580057</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Platzer Fastigheter Holding AB</name>
        <lei>5493009KPII4BZE70820</lei>
        <title>Platzer Fastigheter Holding AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0004977692"/>
          <ticker value="PLAZB"/>
          <other otherDesc="SEDOL" value="BH0WHG9"/>
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        <balance>1268081.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>9460305.6900000000</valUSD>
        <pctVal>0.0461479100</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AEM Holdings Ltd</name>
        <lei>N/A</lei>
        <title>AEM Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1BA1000003"/>
          <ticker value="AEM"/>
          <other otherDesc="SEDOL" value="BXC7XC2"/>
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        <balance>1025300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>7155501.8300000000</valUSD>
        <pctVal>0.0349049455</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Australian Finance Group Ltd</name>
        <lei>N/A</lei>
        <title>Australian Finance Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000AFG9"/>
          <ticker value="AFG"/>
          <other otherDesc="SEDOL" value="BY4K6K5"/>
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        <balance>2515931.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>2702671.6000000000</valUSD>
        <pctVal>0.0131837860</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Molten Ventures PLC</name>
        <lei>213800IPCR3SAYJWSW10</lei>
        <title>Molten Ventures PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BY7QYJ50"/>
          <ticker value="GROW"/>
          <other otherDesc="SEDOL" value="BY7QYJ5"/>
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        <balance>48677.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>460602.4100000000</valUSD>
        <pctVal>0.0022468448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Menicon Co Ltd</name>
        <lei>3538000OOSRECSEX2327</lei>
        <title>Menicon Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3921270009"/>
          <ticker value="7780"/>
          <other otherDesc="SEDOL" value="BYL7K85"/>
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        <balance>112000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1337920.6300000000</valUSD>
        <pctVal>0.0065264530</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>
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      </invstOrSec>
      <invstOrSec>
        <name>JM Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>JM Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3389690003"/>
          <ticker value="3539"/>
          <other otherDesc="SEDOL" value="BYM6DQ0"/>
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        <balance>142700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1299715.1800000000</valUSD>
        <pctVal>0.0063400847</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>
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      <invstOrSec>
        <name>Per Aarsleff Holding A/S</name>
        <lei>5493008HS8STXVZXYZ63</lei>
        <title>Per Aarsleff Holding A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060700516"/>
          <ticker value="PAALB"/>
          <other otherDesc="SEDOL" value="BYMM001"/>
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        <balance>400075.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.4354500000"/>
        <valUSD>43416503.6700000000</valUSD>
        <pctVal>0.2117881779</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lime Technologies AB</name>
        <lei>5493008UUFYDF3ZTHC65</lei>
        <title>Lime Technologies AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0011870195"/>
          <ticker value="LIME"/>
          <other otherDesc="SEDOL" value="BH31X65"/>
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        <balance>62053.0000000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>1669008.4900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Travis Perkins PLC</name>
        <lei>2138001I27OUBAF22K83</lei>
        <title>Travis Perkins PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BK9RKT01"/>
          <ticker value="TPK"/>
          <other otherDesc="SEDOL" value="BK9RKT0"/>
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        <balance>1797630.0000000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>15726823.6600000000</valUSD>
        <pctVal>0.0767163416</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kid ASA</name>
        <lei>5967007LIEEXZXH53K17</lei>
        <title>Kid ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010743545"/>
          <ticker value="KID"/>
          <other otherDesc="SEDOL" value="BYPK5G3"/>
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        <balance>165666.0000000000</balance>
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        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>2181529.1200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Airtrip Corp</name>
        <lei>98450015973AV3E4D516</lei>
        <title>Airtrip Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3167240005"/>
          <ticker value="6191"/>
          <other otherDesc="SEDOL" value="BYQ3G35"/>
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        <balance>17500.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>89285.5800000000</valUSD>
        <pctVal>0.0004355401</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Ora Banda Mining Ltd</name>
        <lei>N/A</lei>
        <title>Ora Banda Mining Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000050130"/>
          <ticker value="OBM"/>
          <other otherDesc="SEDOL" value="BKDX544"/>
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        <balance>11303495.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>12378003.3400000000</valUSD>
        <pctVal>0.0603806053</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Alzchem Group AG</name>
        <lei>8945004EL7WZK3ERG181</lei>
        <title>AlzChem Group AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A2YNT30"/>
          <ticker value="ACT"/>
          <other otherDesc="SEDOL" value="BKFHT86"/>
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        <balance>29071.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>5557647.8600000000</valUSD>
        <pctVal>0.0271105228</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Yu Group plc</name>
        <lei>213800ACO9GDDBM7DS35</lei>
        <title>Yu Group plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYQDPD80"/>
          <ticker value="YU/"/>
          <other otherDesc="SEDOL" value="BYQDPD8"/>
        </identifiers>
        <balance>34647.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>778571.1200000000</valUSD>
        <pctVal>0.0037979143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Viva Energy Group Ltd</name>
        <lei>N/A</lei>
        <title>Viva Energy Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000016875"/>
          <ticker value="VEA"/>
          <other otherDesc="SEDOL" value="BYQM3N1"/>
        </identifiers>
        <balance>2901106.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>6152678.3600000000</valUSD>
        <pctVal>0.0300131155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Saniona AB</name>
        <lei>549300XO4L9XNOCFCZ84</lei>
        <title>Saniona AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0005794617"/>
          <ticker value="SANION"/>
          <other otherDesc="SEDOL" value="BKGR0L5"/>
        </identifiers>
        <balance>4648722.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>5526778.6600000000</valUSD>
        <pctVal>0.0269599411</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Torex Semiconductor Ltd</name>
        <lei>N/A</lei>
        <title>Torex Semiconductor Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3637280003"/>
          <ticker value="6616"/>
          <other otherDesc="SEDOL" value="BKHNK12"/>
        </identifiers>
        <balance>33900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>416820.1500000000</valUSD>
        <pctVal>0.0020332724</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>Banca Sistema SpA</name>
        <lei>815600B5C61A10BBB451</lei>
        <title>Banca Sistema SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003173629"/>
          <ticker value="BST"/>
          <other otherDesc="SEDOL" value="BYQR9B6"/>
        </identifiers>
        <balance>98508.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>183085.8200000000</valUSD>
        <pctVal>0.0008931031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dfds A/S</name>
        <lei>549300JZVW1Y1UZ5UK38</lei>
        <title>Dfds A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060655629"/>
          <ticker value="DFDS"/>
          <other otherDesc="SEDOL" value="BYSS4Q7"/>
        </identifiers>
        <balance>827884.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.4354500000"/>
        <valUSD>19288985.6700000000</valUSD>
        <pctVal>0.0940927708</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Washington Hotel Corp</name>
        <lei>N/A</lei>
        <title>Washington Hotel Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3993700008"/>
          <ticker value="4691"/>
          <other otherDesc="SEDOL" value="BKLG6R5"/>
        </identifiers>
        <balance>35000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>507505.0800000000</valUSD>
        <pctVal>0.0024756387</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>Technoflex Corp</name>
        <lei>N/A</lei>
        <title>Technoflex Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3545260006"/>
          <ticker value="3449"/>
          <other otherDesc="SEDOL" value="BKMQVN5"/>
        </identifiers>
        <balance>35200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>869265.2100000000</valUSD>
        <pctVal>0.0042403252</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>Carasso Real Estate Ltd</name>
        <lei>N/A</lei>
        <title>Carasso Real Estate Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011879629"/>
          <ticker value="CRSR"/>
          <other otherDesc="SEDOL" value="BKPBJ77"/>
        </identifiers>
        <balance>41739.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>421214.3300000000</valUSD>
        <pctVal>0.0020547075</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>Iveco Group NV</name>
        <lei>549300ZWF2ZJDD9EOR96</lei>
        <title>Iveco Group NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0015000LU4"/>
          <ticker value="IVG"/>
          <other otherDesc="SEDOL" value="BKPGF52"/>
        </identifiers>
        <balance>4216023.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>68267477.8600000000</valUSD>
        <pctVal>0.3330126455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BASE Inc</name>
        <lei>N/A</lei>
        <title>BASE Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3835260005"/>
          <ticker value="4477"/>
          <other otherDesc="SEDOL" value="BKRQ8Q2"/>
        </identifiers>
        <balance>96000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>224130.8600000000</valUSD>
        <pctVal>0.0010933231</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>Duratec Ltd</name>
        <lei>N/A</lei>
        <title>Duratec Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000109159"/>
          <ticker value="DUR"/>
          <other otherDesc="SEDOL" value="BKS9J23"/>
        </identifiers>
        <balance>304824.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>460588.2400000000</valUSD>
        <pctVal>0.0022467757</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Norske Skog ASA</name>
        <lei>529900MYY60WXHHY3039</lei>
        <title>Norske Skog ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010861115"/>
          <ticker value="NSKOG"/>
          <other otherDesc="SEDOL" value="BKTRF73"/>
        </identifiers>
        <balance>1065057.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>5607799.7300000000</valUSD>
        <pctVal>0.0273551665</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Direct Finance of Direct Group 2006 Ltd</name>
        <lei>N/A</lei>
        <title>Direct Finance of Direct Group 2006 Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011681868"/>
          <ticker value="DIFI"/>
          <other otherDesc="SEDOL" value="BL5JX87"/>
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        <balance>28.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>6172.1500000000</valUSD>
        <pctVal>0.0000301081</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>Wickes Group PLC</name>
        <lei>213800IEX9ZXJRAOL133</lei>
        <title>Wickes Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BL6C2002"/>
          <ticker value="WIX"/>
          <other otherDesc="SEDOL" value="BL6C200"/>
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        <balance>5250492.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>13703433.6000000000</valUSD>
        <pctVal>0.0668461296</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Puuilo Oyj</name>
        <lei>743700UJUT6FWHBXPR69</lei>
        <title>Puuilo Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000507124"/>
          <ticker value="PUUILO"/>
          <other otherDesc="SEDOL" value="BL979V2"/>
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        <balance>1521983.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>30123310.5600000000</valUSD>
        <pctVal>0.1469432247</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Paratus Energy Services Ltd</name>
        <lei>549300XB7T5BX418QX67</lei>
        <title>Paratus Energy Services Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG6904D1083"/>
          <ticker value="PLSV"/>
          <other otherDesc="SEDOL" value="BLCCJ92"/>
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        <balance>304182.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>1644981.9400000000</valUSD>
        <pctVal>0.0080243156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Maas Group Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Maas Group Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000118564"/>
          <ticker value="MGH"/>
          <other otherDesc="SEDOL" value="BLD4919"/>
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        <balance>643660.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>2444301.3800000000</valUSD>
        <pctVal>0.0119234414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Scandic Hotels Group AB</name>
        <lei>529900JY9ZBGUXGRKQ86</lei>
        <title>Scandic Hotels Group AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0007640156"/>
          <ticker value="SHOT"/>
          <other otherDesc="SEDOL" value="BYSXJH8"/>
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        <balance>487141.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>4553649.5600000000</valUSD>
        <pctVal>0.0222129619</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TBC Bank Group PLC</name>
        <lei>213800T6NS9N2WQ3B328</lei>
        <title>TBC Bank Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYT18307"/>
          <ticker value="TBCG"/>
          <other otherDesc="SEDOL" value="BYT1830"/>
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        <balance>784554.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>53187488.7900000000</valUSD>
        <pctVal>0.2594515998</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OSB Group PLC</name>
        <lei>213800ZBKL9BHSL2K459</lei>
        <title>OSB Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BLDRH360"/>
          <ticker value="OSB"/>
          <other otherDesc="SEDOL" value="BLDRH36"/>
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        <balance>6881184.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>47510535.1000000000</valUSD>
        <pctVal>0.2317590964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Endeavour Group Ltd/Australia</name>
        <lei>254900JAN9FOLMWAD533</lei>
        <title>Endeavour Group Ltd/Australia</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000154833"/>
          <ticker value="EDV"/>
          <other otherDesc="SEDOL" value="BNVS144"/>
        </identifiers>
        <balance>5983405.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>13449288.9600000000</valUSD>
        <pctVal>0.0656063976</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Regina Miracle International Holdings Ltd</name>
        <lei>529900VP8D9D3OQYUC82</lei>
        <title>Regina Miracle International Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG748071019"/>
          <ticker value="2199"/>
          <other otherDesc="SEDOL" value="BYTBQY7"/>
        </identifiers>
        <balance>194000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>64302.8000000000</valUSD>
        <pctVal>0.0003136727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRC Asia Ltd</name>
        <lei>25490023Q985DSFBME10</lei>
        <title>BRC Asia Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1BG3000008"/>
          <ticker value="BRC"/>
          <other otherDesc="SEDOL" value="BYV7LB5"/>
        </identifiers>
        <balance>3800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>12662.4000000000</valUSD>
        <pctVal>0.0000617679</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>Berkeley Group Holdings PLC/The</name>
        <lei>2138009OQSSLVVHQAL78</lei>
        <title>Berkeley Group Holdings PLC/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BP0RGD03"/>
          <ticker value="BKG"/>
          <other otherDesc="SEDOL" value="BP0RGD0"/>
        </identifiers>
        <balance>53863.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>2589003.1500000000</valUSD>
        <pctVal>0.0126293048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gulf Keystone Petroleum Ltd</name>
        <lei>213800QTAQOSSTNTPO15</lei>
        <title>Gulf Keystone Petroleum Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG4209G2077"/>
          <ticker value="GKP"/>
          <other otherDesc="SEDOL" value="BYVGFL0"/>
        </identifiers>
        <balance>1678540.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>4381716.6000000000</valUSD>
        <pctVal>0.0213742632</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Westgold Resources Ltd</name>
        <lei>2549003AMX9BL7CKBQ74</lei>
        <title>Westgold Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000WGX6"/>
          <ticker value="WGX"/>
          <other otherDesc="SEDOL" value="BYVQ673"/>
        </identifiers>
        <balance>2632022.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>12013643.9400000000</valUSD>
        <pctVal>0.0586032394</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>flatexDEGIRO SE</name>
        <lei>529900IRBZTADXJB6757</lei>
        <title>flatexDEGIRO SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000FTG1111"/>
          <ticker value="FTK"/>
          <other otherDesc="SEDOL" value="BYVQYG8"/>
        </identifiers>
        <balance>2442540.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>108463201.1100000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aumann AG</name>
        <lei>529900GLI93PGU71F690</lei>
        <title>Aumann AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A2DAM03"/>
          <ticker value="AAG"/>
          <other otherDesc="SEDOL" value="BYW82K3"/>
        </identifiers>
        <balance>4168.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>66484.3200000000</valUSD>
        <pctVal>0.0003243143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yellow Hat Ltd</name>
        <lei>N/A</lei>
        <title>Yellow Hat Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3131350005"/>
          <ticker value="9882"/>
          <other otherDesc="SEDOL" value="6753591"/>
        </identifiers>
        <balance>203900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2248968.0500000000</valUSD>
        <pctVal>0.0109705942</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>Ryobi Ltd</name>
        <lei>N/A</lei>
        <title>Ryobi Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3975800008"/>
          <ticker value="5851"/>
          <other otherDesc="SEDOL" value="6762906"/>
        </identifiers>
        <balance>632100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>10952202.2400000000</valUSD>
        <pctVal>0.0534254664</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>SEC Carbon Ltd</name>
        <lei>N/A</lei>
        <title>SEC Carbon Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3161600006"/>
          <ticker value="5304"/>
          <other otherDesc="SEDOL" value="6763794"/>
        </identifiers>
        <balance>1000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>16665.0500000000</valUSD>
        <pctVal>0.0000812931</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>Sotetsu Holdings Inc</name>
        <lei>N/A</lei>
        <title>Sotetsu Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3316400005"/>
          <ticker value="9003"/>
          <other otherDesc="SEDOL" value="6767202"/>
        </identifiers>
        <balance>166200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2736093.7600000000</valUSD>
        <pctVal>0.0133468212</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>Enlight Renewable Energy Ltd</name>
        <lei>N/A</lei>
        <title>Enlight Renewable Energy Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0007200111"/>
          <ticker value="ENLT"/>
          <other otherDesc="SEDOL" value="6767677"/>
        </identifiers>
        <balance>382942.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>29913954.3700000000</valUSD>
        <pctVal>0.1459219733</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>Sanko Gosei Ltd</name>
        <lei>N/A</lei>
        <title>Sanko Gosei Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3330900006"/>
          <ticker value="7888"/>
          <other otherDesc="SEDOL" value="6769349"/>
        </identifiers>
        <balance>239100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1365523.5400000000</valUSD>
        <pctVal>0.0066611016</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>JOST Werke SE</name>
        <lei>529900G977BSS7DATK68</lei>
        <title>JOST Werke SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000JST4000"/>
          <ticker value="JST"/>
          <other otherDesc="SEDOL" value="BDC3R17"/>
        </identifiers>
        <balance>221351.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>16058675.8100000000</valUSD>
        <pctVal>0.0783351353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Valeo SE</name>
        <lei>5493006IH2N2WMIBB742</lei>
        <title>Valeo SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013176526"/>
          <ticker value="FR"/>
          <other otherDesc="SEDOL" value="BDC5ST8"/>
        </identifiers>
        <balance>5316643.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>88801380.4100000000</valUSD>
        <pctVal>0.4331781917</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hyakugo Bank Ltd/The</name>
        <lei>549300BYCCERC5EKUX15</lei>
        <title>Hyakugo Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3793800008"/>
          <ticker value="8368"/>
          <other otherDesc="SEDOL" value="6659666"/>
        </identifiers>
        <balance>878000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>13392949.3800000000</valUSD>
        <pctVal>0.0653315699</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>MP Evans Group PLC</name>
        <lei>2138003IBXJUCR4SZG26</lei>
        <title>MP Evans Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0007538100"/>
          <ticker value="MPE"/>
          <other otherDesc="SEDOL" value="0753810"/>
        </identifiers>
        <balance>356478.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>8677251.5600000000</valUSD>
        <pctVal>0.0423281274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Close Brothers Group PLC</name>
        <lei>213800W73SYHR14I3X91</lei>
        <title>Close Brothers Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0007668071"/>
          <ticker value="CBG"/>
          <other otherDesc="SEDOL" value="0766807"/>
        </identifiers>
        <balance>2736652.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>15242161.5900000000</valUSD>
        <pctVal>0.0743521324</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>St James's Place PLC</name>
        <lei>213800M993ICXOMBCP87</lei>
        <title>St James's Place PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0007669376"/>
          <ticker value="STJ"/>
          <other otherDesc="SEDOL" value="0766937"/>
        </identifiers>
        <balance>1179188.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>18600855.9700000000</valUSD>
        <pctVal>0.0907360349</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Senior PLC</name>
        <lei>5493002HQHWN5JQHKQ51</lei>
        <title>Senior PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0007958233"/>
          <ticker value="SNR"/>
          <other otherDesc="SEDOL" value="0795823"/>
        </identifiers>
        <balance>3445845.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>13623630.6400000000</valUSD>
        <pctVal>0.0664568463</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HelloFresh SE</name>
        <lei>391200ZAF4V6XD2M9G57</lei>
        <title>HelloFresh SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A161408"/>
          <ticker value="HFG"/>
          <other otherDesc="SEDOL" value="BYWH8S0"/>
        </identifiers>
        <balance>491609.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>1567032.0600000000</valUSD>
        <pctVal>0.0076440716</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SJF Bank A/S</name>
        <lei>5493002DPKDEC2JN1Y86</lei>
        <title>SJF Bank A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060670776"/>
          <ticker value="SJF"/>
          <other otherDesc="SEDOL" value="BYX33Q0"/>
        </identifiers>
        <balance>12039.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.4354500000"/>
        <valUSD>861333.5900000000</valUSD>
        <pctVal>0.0042016343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hyakujushi Bank Ltd/The</name>
        <lei>5493009ZQOZS8JYRQN62</lei>
        <title>Hyakujushi Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3794200000"/>
          <ticker value="8386"/>
          <other otherDesc="SEDOL" value="6659707"/>
        </identifiers>
        <balance>437600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>8534279.5800000000</valUSD>
        <pctVal>0.0416307019</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>Taiheiyo Cement Corp</name>
        <lei>N/A</lei>
        <title>Taiheiyo Cement Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3449020001"/>
          <ticker value="5233"/>
          <other otherDesc="SEDOL" value="6660204"/>
        </identifiers>
        <balance>2439700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>64470125.8100000000</valUSD>
        <pctVal>0.3144889459</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>Construcciones y Auxiliar de Ferrocarriles SA</name>
        <lei>95980020140005275134</lei>
        <title>Construcciones y Auxiliar de Ferrocarriles SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0121975009"/>
          <ticker value="CAF"/>
          <other otherDesc="SEDOL" value="BYX98X0"/>
        </identifiers>
        <balance>190930.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>15745952.0900000000</valUSD>
        <pctVal>0.0768096512</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>First Bank of Toyama Ltd/The</name>
        <lei>N/A</lei>
        <title>First Bank of Toyama Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3632150003"/>
          <ticker value="7184"/>
          <other otherDesc="SEDOL" value="BYXBL82"/>
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        <balance>797500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>16897097.6000000000</valUSD>
        <pctVal>0.0824250045</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>Akatsuki Inc</name>
        <lei>353800EZN28NUOR4N912</lei>
        <title>Akatsuki Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3107000006"/>
          <ticker value="3932"/>
          <other otherDesc="SEDOL" value="BYXBLB5"/>
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        <balance>15000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>370869.8000000000</valUSD>
        <pctVal>0.0018091240</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>Mizuho Medy Co Ltd</name>
        <lei>N/A</lei>
        <title>Mizuho Medy Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3885900005"/>
          <ticker value="4595"/>
          <other otherDesc="SEDOL" value="BYYHLR8"/>
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        <balance>2600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>28451.4700000000</valUSD>
        <pctVal>0.0001387879</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>Optex Group Co Ltd</name>
        <lei>N/A</lei>
        <title>Optex Group Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3197700002"/>
          <ticker value="6914"/>
          <other otherDesc="SEDOL" value="6660914"/>
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        <balance>112200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2285922.0300000000</valUSD>
        <pctVal>0.0111508579</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>Oriental Watch Holdings</name>
        <lei>N/A</lei>
        <title>Oriental Watch Holdings</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG6773R1051"/>
          <ticker value="398"/>
          <other otherDesc="SEDOL" value="6660969"/>
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        <balance>1104000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>472102.0600000000</valUSD>
        <pctVal>0.0023029407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Altra Fastigheter AB</name>
        <lei>5493000YR2B83SILCJ50</lei>
        <title>Altra Fastigheter AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0011426428"/>
          <ticker value="ALTRA"/>
          <other otherDesc="SEDOL" value="BFD2NK8"/>
        </identifiers>
        <balance>3337028.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>26157656.8500000000</valUSD>
        <pctVal>0.1275985400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CM.com NV</name>
        <lei>724500QDJRUMSPRDHW25</lei>
        <title>CM.com NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0012747059"/>
          <ticker value="CMCOM"/>
          <other otherDesc="SEDOL" value="BFMBLM4"/>
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        <balance>672.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>5351.4200000000</valUSD>
        <pctVal>0.0000261045</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SRG Global Ltd</name>
        <lei>N/A</lei>
        <title>SRG Global Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000032914"/>
          <ticker value="SRG"/>
          <other otherDesc="SEDOL" value="BFMZB82"/>
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        <balance>643150.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>1752480.3900000000</valUSD>
        <pctVal>0.0085486992</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Moriroku Co Ltd</name>
        <lei>N/A</lei>
        <title>Moriroku Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3927450001"/>
          <ticker value="4249"/>
          <other otherDesc="SEDOL" value="BFNG7Z3"/>
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        <balance>900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>16574.4600000000</valUSD>
        <pctVal>0.0000808512</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>IGG Inc</name>
        <lei>529900VBUXYUOTABSC33</lei>
        <title>IGG Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG6771K1022"/>
          <ticker value="799"/>
          <other otherDesc="SEDOL" value="BFRB2W6"/>
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        <balance>13608000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>5307898.6200000000</valUSD>
        <pctVal>0.0258922318</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>Texhong International Group Ltd</name>
        <lei>213800M1HN85ACHDBK34</lei>
        <title>Texhong International Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG876551170"/>
          <ticker value="2678"/>
          <other otherDesc="SEDOL" value="BFSQNZ0"/>
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        <balance>969000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>771600.5200000000</valUSD>
        <pctVal>0.0037639113</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sakai Chemical Industry Co Ltd</name>
        <lei>N/A</lei>
        <title>Sakai Chemical Industry Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3312800000"/>
          <ticker value="4078"/>
          <other otherDesc="SEDOL" value="6769402"/>
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        <balance>503500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>12367252.8500000000</valUSD>
        <pctVal>0.0603281638</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Sakata INX Corp</name>
        <lei>N/A</lei>
        <title>Sakata INX Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3314800008"/>
          <ticker value="4633"/>
          <other otherDesc="SEDOL" value="6769833"/>
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        <balance>595800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>9990609.0300000000</valUSD>
        <pctVal>0.0487347599</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>San-Ai Obbli Co Ltd</name>
        <lei>N/A</lei>
        <title>San-Ai Obbli Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3323600001"/>
          <ticker value="8097"/>
          <other otherDesc="SEDOL" value="6772808"/>
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        <balance>486200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>7418918.8200000000</valUSD>
        <pctVal>0.0361899086</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>
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      </invstOrSec>
      <invstOrSec>
        <name>San-In Godo Bank Ltd/The</name>
        <lei>353800I3C5900CEME762</lei>
        <title>San-In Godo Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3324000003"/>
          <ticker value="8381"/>
          <other otherDesc="SEDOL" value="6772853"/>
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        <balance>789400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>12997636.7900000000</valUSD>
        <pctVal>0.0634032126</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Cembra Money Bank AG</name>
        <lei>549300ZDHOETLAIVTE82</lei>
        <title>Cembra Money Bank AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0225173167"/>
          <ticker value="CMBN"/>
          <other otherDesc="SEDOL" value="BFSSBH4"/>
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        <balance>92826.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>10173990.2800000000</valUSD>
        <pctVal>0.0496293041</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Black Cat Syndicate Ltd</name>
        <lei>N/A</lei>
        <title>Black Cat Syndicate Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000BC88"/>
          <ticker value="BC8"/>
          <other otherDesc="SEDOL" value="BFX28Y7"/>
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        <balance>5800925.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>4465715.2900000000</valUSD>
        <pctVal>0.0217840135</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Orient Corp</name>
        <lei>N/A</lei>
        <title>Orient Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3199000005"/>
          <ticker value="8585"/>
          <other otherDesc="SEDOL" value="6661122"/>
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        <balance>1770740.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>9590570.0600000000</valUSD>
        <pctVal>0.0467833470</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Dai-Dan Co Ltd</name>
        <lei>N/A</lei>
        <title>Dai-Dan Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3486000007"/>
          <ticker value="1980"/>
          <other otherDesc="SEDOL" value="6661735"/>
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        <balance>10200.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>174682.6800000000</valUSD>
        <pctVal>0.0008521121</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Osaki Electric Co Ltd</name>
        <lei>N/A</lei>
        <title>Osaki Electric Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3187600006"/>
          <ticker value="6644"/>
          <other otherDesc="SEDOL" value="6662006"/>
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        <balance>473200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4558091.6700000000</valUSD>
        <pctVal>0.0222346308</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Oval Corp</name>
        <lei>N/A</lei>
        <title>Oval Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3173200001"/>
          <ticker value="7727"/>
          <other otherDesc="SEDOL" value="6663504"/>
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        <balance>13600.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>72236.8900000000</valUSD>
        <pctVal>0.0003523757</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Furyu Corp</name>
        <lei>N/A</lei>
        <title>Furyu Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3826770004"/>
          <ticker value="6238"/>
          <other otherDesc="SEDOL" value="BYYHNF0"/>
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        <balance>48300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>431881.7000000000</valUSD>
        <pctVal>0.0021067435</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Adairs Ltd</name>
        <lei>529900HLMXKO4QLZNW81</lei>
        <title>Adairs Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ADH2"/>
          <ticker value="ADH"/>
          <other otherDesc="SEDOL" value="BYYT7Q5"/>
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        <balance>1172473.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>1175099.4500000000</valUSD>
        <pctVal>0.0057322020</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Forterra PLC</name>
        <lei>213800O5DD6ATBVJAD23</lei>
        <title>Forterra PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYYW3C20"/>
          <ticker value="FORT"/>
          <other otherDesc="SEDOL" value="BYYW3C2"/>
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        <balance>2109345.0000000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>4041566.7200000000</valUSD>
        <pctVal>0.0197149927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kogan.com Ltd</name>
        <lei>529900EOAC36USKQV388</lei>
        <title>Kogan.com Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000KGN2"/>
          <ticker value="KGN"/>
          <other otherDesc="SEDOL" value="BYYY339"/>
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        <balance>1066862.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
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        <pctVal>0.0135601285</pctVal>
        <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>
      <invstOrSec>
        <name>RHI Magnesita NV</name>
        <lei>724500UWG6A61XNA3Y36</lei>
        <title>Rhi Magnesita NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0012650360"/>
          <ticker value="RHIM"/>
          <other otherDesc="SEDOL" value="BYZ2JR8"/>
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        <balance>308802.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>11439970.8100000000</valUSD>
        <pctVal>0.0558048292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Orsero SpA</name>
        <lei>8156001895E0F4E7A803</lei>
        <title>Orsero SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005138703"/>
          <ticker value="ORS"/>
          <other otherDesc="SEDOL" value="BYZB102"/>
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        <balance>6556.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>130254.5900000000</valUSD>
        <pctVal>0.0006353893</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ProCredit Holding AG</name>
        <lei>529900LIN8L1K9MLTR09</lei>
        <title>ProCredit Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006223407"/>
          <ticker value="PCZ"/>
          <other otherDesc="SEDOL" value="BYZCP69"/>
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        <balance>290427.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Constellium SE</name>
        <lei>724500KRJEMC79KAAU28</lei>
        <title>Constellium SE</title>
        <cusip>F21107101</cusip>
        <identifiers>
          <isin value="FR0013467479"/>
          <ticker value="CSTM"/>
          <other otherDesc="SEDOL" value="BKPR6S5"/>
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        <balance>2418381.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>63917809.8300000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Etoro Group Ltd</name>
        <lei>N/A</lei>
        <title>Etoro Group Ltd</title>
        <cusip>G32089107</cusip>
        <identifiers>
          <isin value="VGG320891077"/>
          <ticker value="ETOR"/>
          <other otherDesc="SEDOL" value="BS491D8"/>
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        <balance>236918.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7576637.6400000000</valUSD>
        <pctVal>0.0369592700</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>
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      </invstOrSec>
      <invstOrSec>
        <name>AudioCodes Ltd</name>
        <lei>529900TA48138NEVR854</lei>
        <title>AudioCodes Ltd</title>
        <cusip>M15342104</cusip>
        <identifiers>
          <isin value="IL0010829658"/>
          <ticker value="AUDC"/>
          <other otherDesc="SEDOL" value="2424040"/>
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        <balance>26153.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>261530.0000000000</valUSD>
        <pctVal>0.0012757582</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>
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      <invstOrSec>
        <name>Ceragon Networks Ltd</name>
        <lei>529900WC6JZN5WQLZ645</lei>
        <title>Ceragon Networks Ltd</title>
        <cusip>M22013102</cusip>
        <identifiers>
          <isin value="IL0010851660"/>
          <ticker value="CRNT"/>
          <other otherDesc="SEDOL" value="2616148"/>
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        <balance>284806.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>589548.4200000000</valUSD>
        <pctVal>0.0028758508</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>
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      <invstOrSec>
        <name>Compugen Ltd</name>
        <lei>N/A</lei>
        <title>Compugen Ltd</title>
        <cusip>M25722105</cusip>
        <identifiers>
          <isin value="IL0010852080"/>
          <ticker value="CGEN"/>
          <other otherDesc="SEDOL" value="2620859"/>
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        <balance>87369.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>223664.6400000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fiverr International Ltd</name>
        <lei>549300Z8OREY6THCPF67</lei>
        <title>Fiverr International Ltd</title>
        <cusip>M4R82T106</cusip>
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          <isin value="IL0011582033"/>
          <ticker value="FVRR"/>
          <other otherDesc="SEDOL" value="BKKDH30"/>
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        <balance>106980.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1014170.4000000000</valUSD>
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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>Inmode Ltd</name>
        <lei>N/A</lei>
        <title>Inmode Ltd</title>
        <cusip>M5425M103</cusip>
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          <isin value="IL0011595993"/>
          <ticker value="INMD"/>
          <other otherDesc="SEDOL" value="BK5Z9R9"/>
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        <balance>107360.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1606105.6000000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ituran Location and Control Ltd</name>
        <lei>N/A</lei>
        <title>Ituran Location and Control Ltd</title>
        <cusip>M6158M104</cusip>
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          <isin value="IL0010818685"/>
          <ticker value="ITRN"/>
          <other otherDesc="SEDOL" value="B0LNCS9"/>
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        <balance>6722.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>342553.1200000000</valUSD>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nexxen International Ltd</name>
        <lei>213800ZNSR7AIJZ2J557</lei>
        <title>Nexxen International Ltd</title>
        <cusip>M8T80P204</cusip>
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          <isin value="IL0012165630"/>
          <ticker value="NEXN"/>
          <other otherDesc="SEDOL" value="BP4YTP0"/>
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        <balance>199853.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1948566.7500000000</valUSD>
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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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          <isLoanByFund>N</isLoanByFund>
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      </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"/>
          <ticker value="ZIM"/>
          <other otherDesc="SEDOL" value="BLC90J0"/>
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        <balance>2878697.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>78876297.8000000000</valUSD>
        <pctVal>0.3847630734</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Westgold Resources Ltd</name>
        <lei>2549003AMX9BL7CKBQ74</lei>
        <title>Westgold Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000WGX6"/>
          <ticker value="WGX"/>
          <other otherDesc="SEDOL" value="BSWT7K9"/>
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        <balance>192598.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>868528.8100000000</valUSD>
        <pctVal>0.0042367330</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sangetsu Corp</name>
        <lei>N/A</lei>
        <title>Sangetsu Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3330000005"/>
          <ticker value="8130"/>
          <other otherDesc="SEDOL" value="6774655"/>
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        <balance>67200.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1353511.3800000000</valUSD>
        <pctVal>0.0066025056</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>Sankyu Inc</name>
        <lei>529900QWTXZZEM1T5G75</lei>
        <title>Sankyu Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3326000001"/>
          <ticker value="9065"/>
          <other otherDesc="SEDOL" value="6775380"/>
        </identifiers>
        <balance>225100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>11706533.2300000000</valUSD>
        <pctVal>0.0571051359</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>Sankyo Co Ltd</name>
        <lei>3538009H2R9ZBZAOAK48</lei>
        <title>Sankyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3326410002"/>
          <ticker value="6417"/>
          <other otherDesc="SEDOL" value="6775432"/>
        </identifiers>
        <balance>212400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2665522.5500000000</valUSD>
        <pctVal>0.0130025708</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>Sanshin Electronics Co Ltd</name>
        <lei>N/A</lei>
        <title>Sanshin Electronics Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3333200008"/>
          <ticker value="8150"/>
          <other otherDesc="SEDOL" value="6776361"/>
        </identifiers>
        <balance>232700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4887357.1200000000</valUSD>
        <pctVal>0.0238408064</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>Sansei Technologies Inc</name>
        <lei>N/A</lei>
        <title>Sansei Technologies Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3334800004"/>
          <ticker value="6357"/>
          <other otherDesc="SEDOL" value="6776383"/>
        </identifiers>
        <balance>51000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>876833.8800000000</valUSD>
        <pctVal>0.0042772456</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>Sanyo Chemical Industries Ltd</name>
        <lei>529900STCFY6RXOR2I79</lei>
        <title>Sanyo Chemical Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3337600005"/>
          <ticker value="4471"/>
          <other otherDesc="SEDOL" value="6776800"/>
        </identifiers>
        <balance>150300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>6036175.4300000000</valUSD>
        <pctVal>0.0294448076</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>Ascom Holding AG</name>
        <lei>506700ZQR2RU51M31817</lei>
        <title>Ascom Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0011339204"/>
          <ticker value="ASCN"/>
          <other otherDesc="SEDOL" value="4697378"/>
        </identifiers>
        <balance>572856.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>3778278.5300000000</valUSD>
        <pctVal>0.0184306579</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rottneros AB</name>
        <lei>213800DM8OBVX8QWUR14</lei>
        <title>Rottneros AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000112252"/>
          <ticker value="RROS"/>
          <other otherDesc="SEDOL" value="4753838"/>
        </identifiers>
        <balance>12445.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>4278.9700000000</valUSD>
        <pctVal>0.0000208731</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sparebanken Norge</name>
        <lei>213800M7T3CYVZ3ZRT12</lei>
        <title>Sparebanken Norge</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0006000900"/>
          <ticker value="SBNOR"/>
          <other otherDesc="SEDOL" value="4780290"/>
        </identifiers>
        <balance>50051.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>1093457.3400000000</valUSD>
        <pctVal>0.0053339472</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Laurentian Bank of Canada</name>
        <lei>HO0K6ZULL3QE6S6SFW60</lei>
        <title>Laurentian Bank of Canada</title>
        <cusip>51925D106</cusip>
        <identifiers>
          <isin value="CA51925D1069"/>
          <ticker value="LB"/>
          <other otherDesc="SEDOL" value="2077347"/>
        </identifiers>
        <balance>168435.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>4934132.5400000000</valUSD>
        <pctVal>0.0240689796</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nedap NV</name>
        <lei>724500X4WAS3V33MVX37</lei>
        <title>Nedap NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000371243"/>
          <ticker value="NEDAP"/>
          <other otherDesc="SEDOL" value="5228614"/>
        </identifiers>
        <balance>14996.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>1606946.8700000000</valUSD>
        <pctVal>0.0078387784</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Impro Precision Industries Ltd</name>
        <lei>2549009NAG20HWV31U35</lei>
        <title>Impro Precision Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG4723A1085"/>
          <ticker value="1286"/>
          <other otherDesc="SEDOL" value="BFZL5G3"/>
        </identifiers>
        <balance>175000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>191879.1000000000</valUSD>
        <pctVal>0.0009359972</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>S4 Capital PLC</name>
        <lei>21380068SP9V65KPQN68</lei>
        <title>S4 Capital PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BFZZM640"/>
          <ticker value="SFOR"/>
          <other otherDesc="SEDOL" value="BFZZM64"/>
        </identifiers>
        <balance>14817482.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>9955265.7600000000</valUSD>
        <pctVal>0.0485623534</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Energean PLC</name>
        <lei>549300RVMKU0CYUZBB05</lei>
        <title>Energean PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BG12Y042"/>
          <ticker value="ENOG"/>
          <other otherDesc="SEDOL" value="BG12Y04"/>
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        <balance>494101.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>4919751.1400000000</valUSD>
        <pctVal>0.0239988263</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fattal Holdings 1998 Ltd</name>
        <lei>N/A</lei>
        <title>Fattal Holdings 1998 Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011434292"/>
          <ticker value="FTAL"/>
          <other otherDesc="SEDOL" value="BG1YKN5"/>
        </identifiers>
        <balance>91050.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>21690138.7700000000</valUSD>
        <pctVal>0.1058057324</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>Serabi Gold PLC</name>
        <lei>213800LTYC1HF9RTUE37</lei>
        <title>Serabi Gold PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BG5NDX91"/>
          <ticker value="SRB"/>
          <other otherDesc="SEDOL" value="BG5NDX9"/>
        </identifiers>
        <balance>468117.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>2006632.9900000000</valUSD>
        <pctVal>0.0097884700</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nine Entertainment Co Holdings Ltd</name>
        <lei>529900WLXD3X7TFOAI42</lei>
        <title>Nine Entertainment Co Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000NEC4"/>
          <ticker value="NEC"/>
          <other otherDesc="SEDOL" value="BGQV183"/>
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        <balance>21974756.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>15170588.8900000000</valUSD>
        <pctVal>0.0740029967</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CTT-Correios de Portugal SA</name>
        <lei>529900G4A1IKOKC22K56</lei>
        <title>CTT-Correios de Portugal SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTCTT0AM0001"/>
          <ticker value="CTT"/>
          <other otherDesc="SEDOL" value="BGQYC45"/>
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        <balance>1825340.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>13888385.1700000000</valUSD>
        <pctVal>0.0677483339</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Amplitude Energy Ltd</name>
        <lei>261700Y30XMDCWR50Z59</lei>
        <title>Amplitude Energy Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000361909"/>
          <ticker value="AEL"/>
          <other otherDesc="SEDOL" value="BLGTZK2"/>
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        <balance>3306888.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>3838694.7800000000</valUSD>
        <pctVal>0.0187253718</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vallourec SACA</name>
        <lei>969500P2Q1B47H4MCJ34</lei>
        <title>Vallourec SACA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013506730"/>
          <ticker value="VK"/>
          <other otherDesc="SEDOL" value="BLGWF90"/>
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        <balance>3146946.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>68458557.5500000000</valUSD>
        <pctVal>0.3339447431</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Netstars Co Ltd</name>
        <lei>N/A</lei>
        <title>Netstars Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3758280006"/>
          <ticker value="5590"/>
          <other otherDesc="SEDOL" value="BLH4711"/>
        </identifiers>
        <balance>2400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>10581.5100000000</valUSD>
        <pctVal>0.0000516172</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>Macbee Planet Inc</name>
        <lei>N/A</lei>
        <title>Macbee Planet Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3862970005"/>
          <ticker value="7095"/>
          <other otherDesc="SEDOL" value="BLLRFG7"/>
        </identifiers>
        <balance>9300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>74705.9600000000</valUSD>
        <pctVal>0.0003644199</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>SFS Group AG</name>
        <lei>391200RQ38WAM4BJBO16</lei>
        <title>SFS Group AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0239229302"/>
          <ticker value="SFSN"/>
          <other otherDesc="SEDOL" value="BLWF8B6"/>
        </identifiers>
        <balance>307792.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>51252542.9800000000</valUSD>
        <pctVal>0.2500128240</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coface SA</name>
        <lei>96950025N07LTJYFSN57</lei>
        <title>Coface SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010667147"/>
          <ticker value="COFA"/>
          <other otherDesc="SEDOL" value="BNFWV75"/>
        </identifiers>
        <balance>427498.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>7862173.6500000000</valUSD>
        <pctVal>0.0383521309</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hanza AB</name>
        <lei>549300X0C14ZL28N1L09</lei>
        <title>Hanza AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0005878543"/>
          <ticker value="HANZA"/>
          <other otherDesc="SEDOL" value="BNFX606"/>
        </identifiers>
        <balance>355181.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>5353524.7100000000</valUSD>
        <pctVal>0.0261147985</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FUCHS SE</name>
        <lei>529900SNF9E1P5ZO4P98</lei>
        <title>FUCHS SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A3E5D64"/>
          <ticker value="FPE3"/>
          <other otherDesc="SEDOL" value="BNHRG84"/>
        </identifiers>
        <balance>222641.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>10401605.0300000000</valUSD>
        <pctVal>0.0507396218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Quilter PLC</name>
        <lei>54930092XIVK28RZGM95</lei>
        <title>Quilter PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BNHSJN34"/>
          <ticker value="QLT"/>
          <other otherDesc="SEDOL" value="BNHSJN3"/>
        </identifiers>
        <balance>31229328.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>81524614.6400000000</valUSD>
        <pctVal>0.3976817138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Scandi Standard AB</name>
        <lei>5493006VHH78UQJVF844</lei>
        <title>Scandi Standard AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0005999760"/>
          <ticker value="SCST"/>
          <other otherDesc="SEDOL" value="BNJZRJ4"/>
        </identifiers>
        <balance>883730.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>13273450.4900000000</valUSD>
        <pctVal>0.0647486475</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>7C Solarparken AG</name>
        <lei>529900SUURYOXKCQ6Z90</lei>
        <title>7C Solarparken AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A11QW68"/>
          <ticker value="HRPK"/>
          <other otherDesc="SEDOL" value="BNJZSP7"/>
        </identifiers>
        <balance>68320.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>137378.0200000000</valUSD>
        <pctVal>0.0006701378</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Capricorn Energy PLC</name>
        <lei>213800ZJEUQ8ZOC9AL24</lei>
        <title>Capricorn Energy PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BNKT5L33"/>
          <ticker value="CNE"/>
          <other otherDesc="SEDOL" value="BNKT5L3"/>
        </identifiers>
        <balance>262683.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>1229893.6300000000</valUSD>
        <pctVal>0.0059994912</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Spire Healthcare Group PLC</name>
        <lei>213800IBJPW3SE2RA350</lei>
        <title>Spire Healthcare Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BNLPYF73"/>
          <ticker value="SPI"/>
          <other otherDesc="SEDOL" value="BNLPYF7"/>
        </identifiers>
        <balance>6016330.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>19029650.6400000000</valUSD>
        <pctVal>0.0928277197</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Olam Group Ltd</name>
        <lei>9845006F83F5EEC2A704</lei>
        <title>Olam Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXE65760014"/>
          <ticker value="OLG"/>
          <other otherDesc="SEDOL" value="BNM1NQ8"/>
        </identifiers>
        <balance>26751900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>22092216.1400000000</valUSD>
        <pctVal>0.1077670887</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>Argo Properties NV</name>
        <lei>724500VWIAC6N6VHCK55</lei>
        <title>Argo Properties NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0015000D84"/>
          <ticker value="ARGO"/>
          <other otherDesc="SEDOL" value="BNNFQG0"/>
        </identifiers>
        <balance>123010.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>5393443.7700000000</valUSD>
        <pctVal>0.0263095259</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ilex Medical Ltd</name>
        <lei>N/A</lei>
        <title>Ilex Medical Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010807530"/>
          <ticker value="ILX"/>
          <other otherDesc="SEDOL" value="6664370"/>
        </identifiers>
        <balance>657.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>11070.7500000000</valUSD>
        <pctVal>0.0000540037</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>PS Construction Co Ltd</name>
        <lei>3538004HXAQHNO9VGP65</lei>
        <title>PS Construction Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3801400007"/>
          <ticker value="1871"/>
          <other otherDesc="SEDOL" value="6665629"/>
        </identifiers>
        <balance>221700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3171515.6500000000</valUSD>
        <pctVal>0.0154708340</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>Park24 Co Ltd</name>
        <lei>549300LFG2WZWCWM4M68</lei>
        <title>Park24 Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3780100008"/>
          <ticker value="4666"/>
          <other otherDesc="SEDOL" value="6667733"/>
        </identifiers>
        <balance>162600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2038717.9800000000</valUSD>
        <pctVal>0.0099449824</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>Pan-United Corp Ltd</name>
        <lei>25490013KRZW2JQ13645</lei>
        <title>Pan-United Corp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1A67000830"/>
          <ticker value="PAN"/>
          <other otherDesc="SEDOL" value="6669814"/>
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        <balance>131700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>162324.7300000000</valUSD>
        <pctVal>0.0007918293</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>Equital Ltd</name>
        <lei>N/A</lei>
        <title>Equital Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0007550176"/>
          <ticker value="EQTL"/>
          <other otherDesc="SEDOL" value="6677356"/>
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        <balance>147210.9600000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>5308744.3900000000</valUSD>
        <pctVal>0.0258963575</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>SK-Electronics Co Ltd</name>
        <lei>N/A</lei>
        <title>SK-Electronics Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3162640001"/>
          <ticker value="6677"/>
          <other otherDesc="SEDOL" value="6680138"/>
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        <balance>117400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2395003.4000000000</valUSD>
        <pctVal>0.0116829630</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>Penta-Ocean Construction Co Ltd</name>
        <lei>529900QN42Q9UIW3AS17</lei>
        <title>Penta-Ocean Construction Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3309000002"/>
          <ticker value="1893"/>
          <other otherDesc="SEDOL" value="6680804"/>
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        <balance>6280800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>56848182.3800000000</valUSD>
        <pctVal>0.2773086717</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>Hokuhoku Financial Group Inc</name>
        <lei>N/A</lei>
        <title>Hokuhoku Financial Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3842400008"/>
          <ticker value="8377"/>
          <other otherDesc="SEDOL" value="6683591"/>
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        <balance>1296300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>67647805.2400000000</valUSD>
        <pctVal>0.3299898471</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>29Metals Ltd</name>
        <lei>N/A</lei>
        <title>29Metals Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000157067"/>
          <ticker value="29M"/>
          <other otherDesc="SEDOL" value="BNNVRL0"/>
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        <balance>19287125.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>5244850.1200000000</valUSD>
        <pctVal>0.0255846776</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kibun Foods Inc</name>
        <lei>N/A</lei>
        <title>Kibun Foods Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3241500002"/>
          <ticker value="2933"/>
          <other otherDesc="SEDOL" value="BNSNZW8"/>
        </identifiers>
        <balance>1200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>8538.6800000000</valUSD>
        <pctVal>0.0000416522</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>Synthomer PLC</name>
        <lei>213800EHT3TI1KPQQJ56</lei>
        <title>Synthomer PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BNTVWJ75"/>
          <ticker value="SYNT"/>
          <other otherDesc="SEDOL" value="BNTVWJ7"/>
        </identifiers>
        <balance>1410156.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>1876704.9400000000</valUSD>
        <pctVal>0.0091546736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Softcat PLC</name>
        <lei>213800N42YZLR9GLVC42</lei>
        <title>Softcat PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYZDVK82"/>
          <ticker value="SCT"/>
          <other otherDesc="SEDOL" value="BYZDVK8"/>
        </identifiers>
        <balance>528928.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>14763337.0000000000</valUSD>
        <pctVal>0.0720163988</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sanki Engineering Co Ltd</name>
        <lei>N/A</lei>
        <title>Sanki Engineering Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3325600009"/>
          <ticker value="1961"/>
          <other otherDesc="SEDOL" value="6774826"/>
        </identifiers>
        <balance>1167800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>17630480.7400000000</valUSD>
        <pctVal>0.0860024893</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>Sankyo Tateyama Inc</name>
        <lei>N/A</lei>
        <title>Sankyo Tateyama Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3326800004"/>
          <ticker value="5932"/>
          <other otherDesc="SEDOL" value="B8W6W72"/>
        </identifiers>
        <balance>900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3781.0700000000</valUSD>
        <pctVal>0.0000184443</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>Leon's Furniture Ltd</name>
        <lei>549300L1VH4AT8EH7A33</lei>
        <title>Leon's Furniture Ltd</title>
        <cusip>526682109</cusip>
        <identifiers>
          <isin value="CA5266821092"/>
          <ticker value="LNF"/>
          <other otherDesc="SEDOL" value="2512406"/>
        </identifiers>
        <balance>3400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>59195.5000000000</valUSD>
        <pctVal>0.0002887590</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sixt SE</name>
        <lei>5299004ZME6CSBR7WP07</lei>
        <title>Sixt SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0007231334"/>
          <ticker value="SIX3"/>
          <other otherDesc="SEDOL" value="5271276"/>
        </identifiers>
        <balance>330746.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>23442676.8800000000</valUSD>
        <pctVal>0.1143547131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jacquet Metals SACA</name>
        <lei>969500V8OL3NGL0GKZ37</lei>
        <title>Jacquet Metals SACA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000033904"/>
          <ticker value="JCQ"/>
          <other otherDesc="SEDOL" value="5286582"/>
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        <balance>60403.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>1448143.6800000000</valUSD>
        <pctVal>0.0070641274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Societe BIC SA</name>
        <lei>969500UR00DF63I0VH67</lei>
        <title>Societe BIC SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000120966"/>
          <ticker value="BB"/>
          <other otherDesc="SEDOL" value="5298781"/>
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        <balance>78102.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>6173991.6000000000</valUSD>
        <pctVal>0.0301170827</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Linamar Corp</name>
        <lei>549300LW6VIYFRMFBU20</lei>
        <title>Linamar Corp</title>
        <cusip>53278L107</cusip>
        <identifiers>
          <isin value="CA53278L1076"/>
          <ticker value="LNR"/>
          <other otherDesc="SEDOL" value="2516022"/>
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        <balance>489697.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>34887753.3700000000</valUSD>
        <pctVal>0.1701844481</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ERG SpA</name>
        <lei>8156004604684CA44A90</lei>
        <title>ERG SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0001157020"/>
          <ticker value="ERG"/>
          <other otherDesc="SEDOL" value="5337093"/>
        </identifiers>
        <balance>209442.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>5410770.0100000000</valUSD>
        <pctVal>0.0263940443</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Solstad Offshore ASA</name>
        <lei>5967007LIEEXZXHGO849</lei>
        <title>Solstad Offshore ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0003080608"/>
          <ticker value="SOFF"/>
          <other otherDesc="SEDOL" value="5348590"/>
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        <balance>221352.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>1633852.8200000000</valUSD>
        <pctVal>0.0079700271</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CTT Systems AB</name>
        <lei>549300AG5CO2JWUJQ994</lei>
        <title>CTT Systems AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000418923"/>
          <ticker value="CTT"/>
          <other otherDesc="SEDOL" value="5364778"/>
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        <balance>713.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>10910.6900000000</valUSD>
        <pctVal>0.0000532230</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Heidelberger Druckmaschinen AG</name>
        <lei>529900ZM98OISTG16932</lei>
        <title>Heidelberger Druckmaschinen AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0007314007"/>
          <ticker value="HDD"/>
          <other otherDesc="SEDOL" value="5367227"/>
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        <balance>5020930.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>8592599.2900000000</valUSD>
        <pctVal>0.0419151888</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Technotrans SE</name>
        <lei>5299003IANGEF3R55G44</lei>
        <title>Technotrans SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A0XYGA7"/>
          <ticker value="TTR1"/>
          <other otherDesc="SEDOL" value="5413700"/>
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        <balance>4011.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>130551.5400000000</valUSD>
        <pctVal>0.0006368378</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Salzgitter AG</name>
        <lei>529900E12Z6HXIMHFA15</lei>
        <title>Salzgitter AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006202005"/>
          <ticker value="SZG"/>
          <other otherDesc="SEDOL" value="5465358"/>
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        <balance>173131.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>11410345.6200000000</valUSD>
        <pctVal>0.0556603159</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bankinter SA</name>
        <lei>VWMYAEQSTOPNV0SUGU82</lei>
        <title>Bankinter SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0113679I37"/>
          <ticker value="BKT"/>
          <other otherDesc="SEDOL" value="5474008"/>
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        <balance>751733.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>14511459.6100000000</valUSD>
        <pctVal>0.0707877265</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mersen SA</name>
        <lei>OQXDLNM5DTBULYMF5U27</lei>
        <title>Mersen SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000039620"/>
          <ticker value="MRN"/>
          <other otherDesc="SEDOL" value="5481202"/>
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        <balance>441516.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>19480966.8600000000</valUSD>
        <pctVal>0.0950292660</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Shinmaywa Industries Ltd</name>
        <lei>N/A</lei>
        <title>Shinmaywa Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3384600007"/>
          <ticker value="7224"/>
          <other otherDesc="SEDOL" value="6804488"/>
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        <balance>1270200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>15689217.2900000000</valUSD>
        <pctVal>0.0765328956</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>Shindengen Electric Manufacturing Co Ltd</name>
        <lei>N/A</lei>
        <title>Shindengen Electric Manufacturing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3377800002"/>
          <ticker value="6844"/>
          <other otherDesc="SEDOL" value="6804541"/>
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        <balance>81400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1599208.7500000000</valUSD>
        <pctVal>0.0078010314</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Sanyo Shokai Ltd</name>
        <lei>N/A</lei>
        <title>Sanyo Shokai Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3339400008"/>
          <ticker value="8011"/>
          <other otherDesc="SEDOL" value="6776888"/>
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        <balance>17100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>172953.6500000000</valUSD>
        <pctVal>0.0008436778</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>Sanyo Denki Co Ltd</name>
        <lei>N/A</lei>
        <title>Sanyo Denki Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3340800006"/>
          <ticker value="6516"/>
          <other otherDesc="SEDOL" value="6776974"/>
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        <balance>40000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1374314.5600000000</valUSD>
        <pctVal>0.0067039847</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>Sato Corp</name>
        <lei>N/A</lei>
        <title>Sato Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3321400008"/>
          <ticker value="6287"/>
          <other otherDesc="SEDOL" value="6777579"/>
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        <balance>666200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>11814469.6000000000</valUSD>
        <pctVal>0.0576316556</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>Sato Shoji Corp</name>
        <lei>353800UBV2EO50HJ8228</lei>
        <title>Sato Shoji Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3322000005"/>
          <ticker value="8065"/>
          <other otherDesc="SEDOL" value="6777665"/>
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        <balance>1600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>36717.0900000000</valUSD>
        <pctVal>0.0001791081</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>
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      </invstOrSec>
      <invstOrSec>
        <name>robot home Inc</name>
        <lei>N/A</lei>
        <title>robot home Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3153950005"/>
          <ticker value="1435"/>
          <other otherDesc="SEDOL" value="BYZQYR5"/>
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        <balance>173800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>192047.4000000000</valUSD>
        <pctVal>0.0009368182</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>
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      </invstOrSec>
      <invstOrSec>
        <name>ATALAYA MINING COPPER SA</name>
        <lei>549300QNQPXVRXGXOX56</lei>
        <title>ATALAYA MINING COPPER SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CY0106002112"/>
          <ticker value="ATYM"/>
          <other otherDesc="SEDOL" value="BYZTVM8"/>
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        <balance>1782979.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>26016910.3100000000</valUSD>
        <pctVal>0.1269119704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Lacto Japan Co Ltd</name>
        <lei>N/A</lei>
        <title>Lacto Japan Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3967250006"/>
          <ticker value="3139"/>
          <other otherDesc="SEDOL" value="BZ03M29"/>
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        <balance>2000.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>43376.8500000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Pandox AB</name>
        <lei>549300K4HA8EBLSL3B97</lei>
        <title>Pandox AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0007100359"/>
          <ticker value="PNDXB"/>
          <other otherDesc="SEDOL" value="BZ0CT92"/>
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        <balance>633455.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>11196195.7100000000</valUSD>
        <pctVal>0.0546156804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Medcap AB</name>
        <lei>549300NGO5XAJ6TL8719</lei>
        <title>Medcap AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0009160872"/>
          <ticker value="MCAP"/>
          <other otherDesc="SEDOL" value="BZ145W2"/>
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        <balance>120864.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>7071103.9100000000</valUSD>
        <pctVal>0.0344932476</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>La Francaise De L'energie SACA</name>
        <lei>96950085A13FFW45G765</lei>
        <title>La Francaise De L'energie SACA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013030152"/>
          <ticker value="FDE"/>
          <other otherDesc="SEDOL" value="BZ1FF70"/>
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        <balance>211.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>6789.3700000000</valUSD>
        <pctVal>0.0000331189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Grenergy Renovables SA</name>
        <lei>959800M1FVPL5BMW3R13</lei>
        <title>Grenergy Renovables SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0105079000"/>
          <ticker value="GRE"/>
          <other otherDesc="SEDOL" value="BZ2JBQ2"/>
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        <balance>13624.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>1402346.6700000000</valUSD>
        <pctVal>0.0068407269</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>Ten Pao Group Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Ten Pao Group Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG876031090"/>
          <ticker value="1979"/>
          <other otherDesc="SEDOL" value="BZ4SXC7"/>
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        <balance>32000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>7218.8300000000</valUSD>
        <pctVal>0.0000352139</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FSE Lifestyle Services Ltd</name>
        <lei>N/A</lei>
        <title>FSE Lifestyle Services Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG3727N1088"/>
          <ticker value="331"/>
          <other otherDesc="SEDOL" value="BZ4SXF0"/>
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        <balance>19000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>12330.0700000000</valUSD>
        <pctVal>0.0000601468</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Aeris Resources Ltd</name>
        <lei>25490046Z9WWYJ493G64</lei>
        <title>Aeris Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000AIS8"/>
          <ticker value="AIS"/>
          <other otherDesc="SEDOL" value="BZ8W0K2"/>
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        <balance>21537960.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>7700256.8300000000</valUSD>
        <pctVal>0.0375622914</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Gym Group PLC/The</name>
        <lei>213800VCU9TBANZIN455</lei>
        <title>Gym Group PLC/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BZBX0P70"/>
          <ticker value="GYM"/>
          <other otherDesc="SEDOL" value="BZBX0P7"/>
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        <balance>1385752.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>3661629.0400000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Luceco PLC</name>
        <lei>213800BBFZK4W4P98U76</lei>
        <title>Luceco PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BZC0LP49"/>
          <ticker value="LUCE"/>
          <other otherDesc="SEDOL" value="BZC0LP4"/>
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        <balance>103403.0000000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>305047.0300000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Inghams Group Ltd</name>
        <lei>529900ZZ4VRHSGVBNE41</lei>
        <title>Inghams Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ING6"/>
          <ticker value="ING"/>
          <other otherDesc="SEDOL" value="BZCNHW2"/>
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        <balance>11175251.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>16236806.9500000000</valUSD>
        <pctVal>0.0792040691</pctVal>
        <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>KH Neochem Co Ltd</name>
        <lei>N/A</lei>
        <title>KH Neochem Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3277040006"/>
          <ticker value="4189"/>
          <other otherDesc="SEDOL" value="BZCRNM6"/>
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        <balance>318800.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>6896915.7700000000</valUSD>
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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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sintokogio Ltd</name>
        <lei>N/A</lei>
        <title>Sintokogio Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3378200004"/>
          <ticker value="6339"/>
          <other otherDesc="SEDOL" value="6804626"/>
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        <balance>211200.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>Shinsho Corp</name>
        <lei>353800MF9VQ3QTWAAX41</lei>
        <title>Shinsho Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3374000002"/>
          <ticker value="8075"/>
          <other otherDesc="SEDOL" value="6804983"/>
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        <balance>45100.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NS United Kaiun Kaisha Ltd</name>
        <lei>353800MK2Y7X2PZGXN23</lei>
        <title>NS United Kaiun Kaisha Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3385000009"/>
          <ticker value="9110"/>
          <other otherDesc="SEDOL" value="6805005"/>
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        <balance>325700.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>21363187.5900000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Showa Sangyo Co Ltd</name>
        <lei>549300JPYQ7YV93EU469</lei>
        <title>Showa Sangyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3366400004"/>
          <ticker value="2004"/>
          <other otherDesc="SEDOL" value="6805607"/>
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        <balance>300600.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>7065037.4600000000</valUSD>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IDEA Consultants Inc</name>
        <lei>N/A</lei>
        <title>IDEA Consultants Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3380200000"/>
          <ticker value="9768"/>
          <other otherDesc="SEDOL" value="6805696"/>
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        <balance>200.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Shin Nippon Air Technologies Co Ltd</name>
        <lei>N/A</lei>
        <title>Shin Nippon Air Technologies Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3380250005"/>
          <ticker value="1952"/>
          <other otherDesc="SEDOL" value="6805920"/>
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        <balance>26500.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>527942.7700000000</valUSD>
        <pctVal>0.0025753349</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>
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      <invstOrSec>
        <name>Shun Tak Holdings Ltd</name>
        <lei>2549009R5NCY1DI0ZG82</lei>
        <title>Shun Tak Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0242001243"/>
          <ticker value="242"/>
          <other otherDesc="SEDOL" value="6806633"/>
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        <balance>4030000.0000000000</balance>
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        <valUSD>243402.0400000000</valUSD>
        <pctVal>0.0011873290</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Singamas Container Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Singamas Container Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0716002271"/>
          <ticker value="716"/>
          <other otherDesc="SEDOL" value="6807658"/>
        </identifiers>
        <balance>3366000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>188973.0000000000</valUSD>
        <pctVal>0.0009218211</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumida Corp</name>
        <lei>529900YR9T4HZ9236N62</lei>
        <title>Sumida Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3400800003"/>
          <ticker value="6817"/>
          <other otherDesc="SEDOL" value="6808952"/>
        </identifiers>
        <balance>1213400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>9187516.6800000000</valUSD>
        <pctVal>0.0448172297</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>Sodick Co Ltd</name>
        <lei>N/A</lei>
        <title>Sodick Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3434200006"/>
          <ticker value="6143"/>
          <other otherDesc="SEDOL" value="6818832"/>
        </identifiers>
        <balance>567700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>6218224.3900000000</valUSD>
        <pctVal>0.0303328528</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>SKYCITY Entertainment Group Ltd</name>
        <lei>N/A</lei>
        <title>SKYCITY Entertainment Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZSKCE0001S2"/>
          <ticker value="SKC"/>
          <other otherDesc="SEDOL" value="6823193"/>
        </identifiers>
        <balance>11276645.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.6901880000"/>
        <valUSD>4502470.3300000000</valUSD>
        <pctVal>0.0219633067</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>S Foods Inc</name>
        <lei>N/A</lei>
        <title>S Foods Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3399300007"/>
          <ticker value="2292"/>
          <other otherDesc="SEDOL" value="6838584"/>
        </identifiers>
        <balance>54500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>995722.6500000000</valUSD>
        <pctVal>0.0048571918</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>Stanley Electric Co Ltd</name>
        <lei>N/A</lei>
        <title>Stanley Electric Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3399400005"/>
          <ticker value="6923"/>
          <other otherDesc="SEDOL" value="6841106"/>
        </identifiers>
        <balance>1708400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>38664040.9800000000</valUSD>
        <pctVal>0.1886053942</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>Starts Corp Inc</name>
        <lei>N/A</lei>
        <title>Starts Corp Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3399200009"/>
          <ticker value="8850"/>
          <other otherDesc="SEDOL" value="6841913"/>
        </identifiers>
        <balance>328900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>9721426.3900000000</valUSD>
        <pctVal>0.0474216717</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>SmarTone Telecommunications Holdings Ltd</name>
        <lei>529900CT7EGMVQRYNQ45</lei>
        <title>SmarTone Telecommunications Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG8219Z1059"/>
          <ticker value="315"/>
          <other otherDesc="SEDOL" value="6856995"/>
        </identifiers>
        <balance>218000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>133881.6100000000</valUSD>
        <pctVal>0.0006530821</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Osaka Cement Co Ltd</name>
        <lei>5299001WJ26J6HQN5D67</lei>
        <title>Sumitomo Osaka Cement Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3400900001"/>
          <ticker value="5232"/>
          <other otherDesc="SEDOL" value="6858548"/>
        </identifiers>
        <balance>1054600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>37480991.1900000000</valUSD>
        <pctVal>0.1828344099</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>Frontier Developments PLC</name>
        <lei>213800B9LGPWUAZ9GX18</lei>
        <title>Frontier Developments PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BBT32N39"/>
          <ticker value="FDEV"/>
          <other otherDesc="SEDOL" value="BBT32N3"/>
        </identifiers>
        <balance>339299.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>1958668.5800000000</valUSD>
        <pctVal>0.0095544969</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Plus500 Ltd</name>
        <lei>549300X8NGW9C5OJZU13</lei>
        <title>Plus500 Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011284465"/>
          <ticker value="PLUS"/>
          <other otherDesc="SEDOL" value="BBT3PS9"/>
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        <balance>948669.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>48180559.6000000000</valUSD>
        <pctVal>0.2350275140</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>Foxtons Group PLC</name>
        <lei>5493001HCMG6R1MYKC59</lei>
        <title>Foxtons Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BCKFY513"/>
          <ticker value="FOXT"/>
          <other otherDesc="SEDOL" value="BCKFY51"/>
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        <balance>353188.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>183492.8300000000</valUSD>
        <pctVal>0.0008950885</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IDI Insurance Co Ltd</name>
        <lei>N/A</lei>
        <title>IDI Insurance Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011295016"/>
          <ticker value="IDIN"/>
          <other otherDesc="SEDOL" value="BD04HH8"/>
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        <balance>119120.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>10459307.0700000000</valUSD>
        <pctVal>0.0510210956</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>Hollywood Bowl Group PLC</name>
        <lei>213800XB8YZNGJYDEZ97</lei>
        <title>Hollywood Bowl Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BD0NVK62"/>
          <ticker value="BOWL"/>
          <other otherDesc="SEDOL" value="BD0NVK6"/>
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        <balance>1700239.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>6334399.1700000000</valUSD>
        <pctVal>0.0308995600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Accent Group Ltd</name>
        <lei>N/A</lei>
        <title>Accent Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000AX19"/>
          <ticker value="AX1"/>
          <other otherDesc="SEDOL" value="BD20RS5"/>
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        <balance>4238940.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>2170300.0800000000</valUSD>
        <pctVal>0.0105868474</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ovzon AB</name>
        <lei>549300U82F1HQRSTYZ66</lei>
        <title>Ovzon AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0010948711"/>
          <ticker value="OVZON"/>
          <other otherDesc="SEDOL" value="BD21M27"/>
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        <balance>1363487.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>5533037.8300000000</valUSD>
        <pctVal>0.0269904737</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Paradox Interactive AB</name>
        <lei>529900QNSZUY53R5WW95</lei>
        <title>Paradox Interactive AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0008294953"/>
          <ticker value="PDX"/>
          <other otherDesc="SEDOL" value="BD4F658"/>
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        <balance>1031611.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>15520688.3900000000</valUSD>
        <pctVal>0.0757108020</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Envipro Holdings Inc</name>
        <lei>N/A</lei>
        <title>Envipro Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3169750001"/>
          <ticker value="5698"/>
          <other otherDesc="SEDOL" value="BD4TQK5"/>
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        <balance>24800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>122380.9000000000</valUSD>
        <pctVal>0.0005969810</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Greens Co Ltd</name>
        <lei>N/A</lei>
        <title>Greens Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3274090004"/>
          <ticker value="6547"/>
          <other otherDesc="SEDOL" value="BD57T32"/>
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        <balance>52400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>697009.4300000000</valUSD>
        <pctVal>0.0034000517</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Oceania Healthcare Ltd</name>
        <lei>N/A</lei>
        <title>Oceania Healthcare Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZOCAE0002S0"/>
          <ticker value="OCA"/>
          <other otherDesc="SEDOL" value="BD6DH46"/>
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        <balance>3282020.0000000000</balance>
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        <currencyConditional curCd="NZD" exchangeRt="1.6901880000"/>
        <valUSD>1514576.9600000000</valUSD>
        <pctVal>0.0073881927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Toho Holdings Co Ltd</name>
        <lei>353800Z8BQ3ZHELA4J90</lei>
        <title>Toho Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3602600003"/>
          <ticker value="8129"/>
          <other otherDesc="SEDOL" value="6895556"/>
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        <balance>251300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>6208252.3300000000</valUSD>
        <pctVal>0.0302842085</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>Toenec Corp</name>
        <lei>N/A</lei>
        <title>Toenec Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3552230009"/>
          <ticker value="1946"/>
          <other otherDesc="SEDOL" value="6895620"/>
        </identifiers>
        <balance>702200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>9581217.4200000000</valUSD>
        <pctVal>0.0467377243</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>Nissan Tokyo Sales Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Nissan Tokyo Sales Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3587800008"/>
          <ticker value="8291"/>
          <other otherDesc="SEDOL" value="6895749"/>
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        <balance>61000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>211207.3200000000</valUSD>
        <pctVal>0.0010302813</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>Tokuyama Corp</name>
        <lei>529900MHGZKHNMNCQB62</lei>
        <title>Tokuyama Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3625000009"/>
          <ticker value="4043"/>
          <other otherDesc="SEDOL" value="6895761"/>
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        <balance>1743700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>43719099.5000000000</valUSD>
        <pctVal>0.2132642576</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Medipal Holdings Corp</name>
        <lei>353800PJDODZEA4NP730</lei>
        <title>Medipal Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3268950007"/>
          <ticker value="7459"/>
          <other otherDesc="SEDOL" value="6782090"/>
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        <balance>75800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1370110.3900000000</valUSD>
        <pctVal>0.0066834765</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>Seed Co Ltd/Tokyo</name>
        <lei>N/A</lei>
        <title>Seed Co Ltd/Tokyo</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3347000006"/>
          <ticker value="7743"/>
          <other otherDesc="SEDOL" value="6792130"/>
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        <balance>5000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>24809.7800000000</valUSD>
        <pctVal>0.0001210235</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Soken Chemical &amp; Engineering Co Ltd</name>
        <lei>N/A</lei>
        <title>Soken Chemical &amp; Engineering Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3431550007"/>
          <ticker value="4972"/>
          <other otherDesc="SEDOL" value="6338910"/>
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        <balance>154100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3658912.7800000000</valUSD>
        <pctVal>0.0178483849</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Jungfraubahn Holding AG</name>
        <lei>5067009MCPE99B3E4489</lei>
        <title>Jungfraubahn Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0017875789"/>
          <ticker value="JFN"/>
          <other otherDesc="SEDOL" value="7788967"/>
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        <balance>4026.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>1280494.9800000000</valUSD>
        <pctVal>0.0062463274</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Russel Metals Inc</name>
        <lei>5493005F9VPHFO17OV54</lei>
        <title>Russel Metals Inc</title>
        <cusip>781903604</cusip>
        <identifiers>
          <isin value="CA7819036046"/>
          <ticker value="RUS"/>
          <other otherDesc="SEDOL" value="2248808"/>
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        <balance>196622.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>10465604.7800000000</valUSD>
        <pctVal>0.0510518162</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>
      <invstOrSec>
        <name>Citizen Watch Co Ltd</name>
        <lei>529900DUZBKERKGQ2628</lei>
        <title>Citizen Watch Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3352400000"/>
          <ticker value="7762"/>
          <other otherDesc="SEDOL" value="6197304"/>
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        <balance>1861800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>32739669.7200000000</valUSD>
        <pctVal>0.1597059737</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Glenveagh Properties PLC</name>
        <lei>635400QUQ2YYGMOAK834</lei>
        <title>Glenveagh Properties PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BD6JX574"/>
          <ticker value="GLV"/>
          <other otherDesc="SEDOL" value="BD6JX57"/>
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        <balance>14306444.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>40731370.1300000000</valUSD>
        <pctVal>0.1986899435</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Gestamp Automocion SA</name>
        <lei>95980020140005484363</lei>
        <title>Gestamp Automocion SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0105223004"/>
          <ticker value="GEST"/>
          <other otherDesc="SEDOL" value="BD6K6R3"/>
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        <balance>4043472.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>13974309.3800000000</valUSD>
        <pctVal>0.0681674771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Seiko Electric Co Ltd</name>
        <lei>N/A</lei>
        <title>Seiko Electric Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3414900005"/>
          <ticker value="6653"/>
          <other otherDesc="SEDOL" value="6792947"/>
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        <balance>26200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>367737.0300000000</valUSD>
        <pctVal>0.0017938422</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Seika Corp</name>
        <lei>N/A</lei>
        <title>Seika Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3414200000"/>
          <ticker value="8061"/>
          <other otherDesc="SEDOL" value="6793304"/>
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        <balance>204300.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4054858.7500000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Seika Chemicals Co Ltd</name>
        <lei>N/A</lei>
        <title>Sumitomo Seika Chemicals Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3405600002"/>
          <ticker value="4008"/>
          <other otherDesc="SEDOL" value="6793605"/>
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        <balance>777500.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sekisui Kasei Co Ltd</name>
        <lei>N/A</lei>
        <title>Sekisui Kasei Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3419800002"/>
          <ticker value="4228"/>
          <other otherDesc="SEDOL" value="6793865"/>
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        <balance>37100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>142885.4800000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Senko Group Holdings Co Ltd</name>
        <lei>35380077MB9W0NB6BA14</lei>
        <title>Senko Group Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3423800006"/>
          <ticker value="9069"/>
          <other otherDesc="SEDOL" value="6795203"/>
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        <balance>2782800.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>38936392.7100000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Senshu Electric Co Ltd</name>
        <lei>N/A</lei>
        <title>Senshu Electric Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3424400004"/>
          <ticker value="9824"/>
          <other otherDesc="SEDOL" value="6795612"/>
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        <balance>45200.0000000000</balance>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Shinnihon Corp</name>
        <lei>N/A</lei>
        <title>Shinnihon Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3380300008"/>
          <ticker value="1879"/>
          <other otherDesc="SEDOL" value="6804013"/>
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        <balance>202000.0000000000</balance>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Shikoku Bank Ltd/The</name>
        <lei>353800WDXTE9PTGKDW46</lei>
        <title>Shikoku Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3350000000"/>
          <ticker value="8387"/>
          <other otherDesc="SEDOL" value="6804143"/>
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        <balance>276400.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>6345578.4000000000</valUSD>
        <pctVal>0.0309540929</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>
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      </invstOrSec>
      <invstOrSec>
        <name>77 Bank Ltd/The</name>
        <lei>549300U6CT3EHB9XS980</lei>
        <title>77 Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3352000008"/>
          <ticker value="8341"/>
          <other otherDesc="SEDOL" value="6804165"/>
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        <balance>1469700.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>36543215.6600000000</valUSD>
        <pctVal>0.1782598875</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Shikoku Kasei Holdings Corp</name>
        <lei>N/A</lei>
        <title>Shikoku Kasei Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3349600001"/>
          <ticker value="4099"/>
          <other otherDesc="SEDOL" value="6804303"/>
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        <balance>297500.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4472759.7000000000</valUSD>
        <pctVal>0.0218183766</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Yondenko Corp</name>
        <lei>N/A</lei>
        <title>Yondenko Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3962600007"/>
          <ticker value="1939"/>
          <other otherDesc="SEDOL" value="6804433"/>
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        <balance>22200.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>311947.5300000000</valUSD>
        <pctVal>0.0015216978</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>Shinagawa Refra Co Ltd</name>
        <lei>N/A</lei>
        <title>Shinagawa Refra Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3353200003"/>
          <ticker value="5351"/>
          <other otherDesc="SEDOL" value="6804466"/>
        </identifiers>
        <balance>314300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4075685.5200000000</valUSD>
        <pctVal>0.0198814261</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>
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      </invstOrSec>
      <invstOrSec>
        <name>SSR Mining Inc</name>
        <lei>549300JD2KR7AB9DYJ38</lei>
        <title>SSR Mining Inc</title>
        <cusip>784730103</cusip>
        <identifiers>
          <isin value="CA7847301032"/>
          <ticker value="SSRM"/>
          <other otherDesc="SEDOL" value="BF7MPL9"/>
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        <balance>2174460.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>81725618.8200000000</valUSD>
        <pctVal>0.3986622236</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Silvercorp Metals Inc</name>
        <lei>52990092RT3UCQ7G3177</lei>
        <title>Silvercorp Metals Inc</title>
        <cusip>82835P103</cusip>
        <identifiers>
          <isin value="CA82835P1036"/>
          <ticker value="SVM"/>
          <other otherDesc="SEDOL" value="2784261"/>
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        <balance>136910.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>1702052.2400000000</valUSD>
        <pctVal>0.0083027078</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>
      <invstOrSec>
        <name>South Bow Corp</name>
        <lei>N/A</lei>
        <title>South Bow Corp</title>
        <cusip>83671M105</cusip>
        <identifiers>
          <isin value="CA83671M1059"/>
          <ticker value="SOBO"/>
          <other otherDesc="SEDOL" value="BMZMBC3"/>
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        <balance>1744609.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>65985355.7300000000</valUSD>
        <pctVal>0.3218803237</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>
      <invstOrSec>
        <name>Spartan Delta Corp</name>
        <lei>894500P97DX8Q6G1OU04</lei>
        <title>Spartan Delta Corp</title>
        <cusip>84678A508</cusip>
        <identifiers>
          <isin value="CA84678A5089"/>
          <ticker value="SDE"/>
          <other otherDesc="SEDOL" value="BRXZ077"/>
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        <balance>3079060.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>29058843.9700000000</valUSD>
        <pctVal>0.1417506960</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>
      <invstOrSec>
        <name>Spin Master Corp</name>
        <lei>254900ACUT127TXKWO71</lei>
        <title>Spin Master Corp</title>
        <cusip>848510103</cusip>
        <identifiers>
          <isin value="CA8485101031"/>
          <ticker value="TOY"/>
          <other otherDesc="SEDOL" value="BZ03B55"/>
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        <balance>318254.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>4597168.0700000000</valUSD>
        <pctVal>0.0224252477</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>
      <invstOrSec>
        <name>Stella-Jones Inc</name>
        <lei>5493007LOVNNLYJ6KZ35</lei>
        <title>Stella-Jones Inc</title>
        <cusip>85853F105</cusip>
        <identifiers>
          <isin value="CA85853F1053"/>
          <ticker value="SJ"/>
          <other otherDesc="SEDOL" value="2809777"/>
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        <balance>74637.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>3715290.3300000000</valUSD>
        <pctVal>0.0181233978</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>
      <invstOrSec>
        <name>FIBI Holdings Ltd</name>
        <lei>N/A</lei>
        <title>FIBI Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0007630119"/>
          <ticker value="FIBIH"/>
          <other otherDesc="SEDOL" value="6339429"/>
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        <balance>431214.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>44875253.9700000000</valUSD>
        <pctVal>0.2189040449</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Fuso Chemical Co Ltd</name>
        <lei>N/A</lei>
        <title>Fuso Chemical Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3822600007"/>
          <ticker value="4368"/>
          <other otherDesc="SEDOL" value="6347712"/>
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        <balance>395400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>7351997.0600000000</valUSD>
        <pctVal>0.0358634604</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>
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      </invstOrSec>
      <invstOrSec>
        <name>BML Inc</name>
        <lei>N/A</lei>
        <title>BML Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3799700004"/>
          <ticker value="4694"/>
          <other otherDesc="SEDOL" value="6197876"/>
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        <balance>223100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>5121412.9800000000</valUSD>
        <pctVal>0.0249825442</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Clal Insurance Enterprises Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Clal Insurance Enterprises Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0002240146"/>
          <ticker value="CLIS"/>
          <other otherDesc="SEDOL" value="6200600"/>
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        <balance>1328549.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>117310094.2200000000</valUSD>
        <pctVal>0.5722453215</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Boustead Singapore Ltd</name>
        <lei>254900VRXISFIBDS7X84</lei>
        <title>Boustead Singapore Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1X13940751"/>
          <ticker value="BOCS"/>
          <other otherDesc="SEDOL" value="6207076"/>
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        <balance>132700.0000000000</balance>
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        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>192872.3700000000</valUSD>
        <pctVal>0.0009408424</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>
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      <invstOrSec>
        <name>Pantoro Gold Ltd</name>
        <lei>254900ZMQXTNJJIP4K51</lei>
        <title>Pantoro Gold Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000PNR8"/>
          <ticker value="PNR"/>
          <other otherDesc="SEDOL" value="6210289"/>
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        <balance>5129331.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>9959847.7900000000</valUSD>
        <pctVal>0.0485847048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Computer Engineering &amp; Consulting Ltd</name>
        <lei>N/A</lei>
        <title>Computer Engineering &amp; Consulting Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3346200003"/>
          <ticker value="9692"/>
          <other otherDesc="SEDOL" value="6215314"/>
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        <balance>95300.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hakudo Co Ltd</name>
        <lei>N/A</lei>
        <title>Hakudo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3766500007"/>
          <ticker value="7637"/>
          <other otherDesc="SEDOL" value="6216685"/>
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        <balance>15700.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Delek Group Ltd</name>
        <lei>213800CYKA4XE2HZZB09</lei>
        <title>Delek Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010841281"/>
          <ticker value="DLEKG"/>
          <other otherDesc="SEDOL" value="6219640"/>
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        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Steppe Gold Ltd</name>
        <lei>549300BB94QU30HOXY56</lei>
        <title>Steppe Gold Ltd</title>
        <cusip>85913R206</cusip>
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          <isin value="CA85913R2063"/>
          <ticker value="STGO"/>
          <other otherDesc="SEDOL" value="BDRY2P4"/>
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        <balance>28890.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Strathcona Resources Ltd</name>
        <lei>8945002R5I3793F4AZ38</lei>
        <title>Strathcona Resources Ltd</title>
        <cusip>862952207</cusip>
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          <isin value="CA8629522076"/>
          <ticker value="SCR"/>
          <other otherDesc="SEDOL" value="BTBKSK7"/>
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        <balance>158995.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
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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>Surge Energy Inc</name>
        <lei>549300C45JTS75N6ZY04</lei>
        <title>Surge Energy Inc</title>
        <cusip>86880Y877</cusip>
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          <isin value="CA86880Y8779"/>
          <ticker value="SGY"/>
          <other otherDesc="SEDOL" value="BN7G0P6"/>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tamarack Valley Energy Ltd</name>
        <lei>549300TLKPX8BE14MH06</lei>
        <title>Tamarack Valley Energy Ltd</title>
        <cusip>87505Y409</cusip>
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          <isin value="CA87505Y4094"/>
          <ticker value="TVE"/>
          <other otherDesc="SEDOL" value="B8J3TH5"/>
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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>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tenaz Energy Corp</name>
        <lei>549300VSI53JSYRE5I05</lei>
        <title>Tenaz Energy Corp</title>
        <cusip>88034V304</cusip>
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          <isin value="CA88034V3048"/>
          <ticker value="TNZ"/>
          <other otherDesc="SEDOL" value="BPDWZ91"/>
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        <balance>16800.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>788755.7300000000</valUSD>
        <pctVal>0.0038475954</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>
      <invstOrSec>
        <name>Torex Gold Resources Inc</name>
        <lei>549300QL07027186GQ85</lei>
        <title>Torex Gold Resources Inc</title>
        <cusip>891054603</cusip>
        <identifiers>
          <isin value="CA8910546032"/>
          <ticker value="TXG"/>
          <other otherDesc="SEDOL" value="BD2NKY1"/>
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        <balance>1312624.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>64165573.0700000000</valUSD>
        <pctVal>0.3130033202</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ADF Group Inc</name>
        <lei>549300BUX5UGL4S84H34</lei>
        <title>ADF Group Inc</title>
        <cusip>00089N103</cusip>
        <identifiers>
          <isin value="CA00089N1033"/>
          <ticker value="DRX"/>
          <other otherDesc="SEDOL" value="2441447"/>
        </identifiers>
        <balance>38619.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>446112.9100000000</valUSD>
        <pctVal>0.0021761642</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Speedy Hire PLC</name>
        <lei>213800U78SIYAZDYXM61</lei>
        <title>Speedy Hire PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0000163088"/>
          <ticker value="SDY"/>
          <other otherDesc="SEDOL" value="0016308"/>
        </identifiers>
        <balance>6106873.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>1499595.4600000000</valUSD>
        <pctVal>0.0073151121</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ACT Energy Technologies Ltd</name>
        <lei>N/A</lei>
        <title>ACT Energy Technologies Ltd</title>
        <cusip>004959102</cusip>
        <identifiers>
          <isin value="CA0049591021"/>
          <ticker value="ACX"/>
          <other otherDesc="SEDOL" value="BMCCVK4"/>
        </identifiers>
        <balance>38101.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>211404.9500000000</valUSD>
        <pctVal>0.0010312454</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ADENTRA Inc</name>
        <lei>254900S1MZ7WZBPR5U32</lei>
        <title>ADENTRA Inc</title>
        <cusip>00686A108</cusip>
        <identifiers>
          <isin value="CA00686A1084"/>
          <ticker value="ADEN"/>
          <other otherDesc="SEDOL" value="BPP2FH7"/>
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        <balance>235674.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>6040001.7900000000</valUSD>
        <pctVal>0.0294634728</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aecon Group Inc</name>
        <lei>549300VROCXVWXFR8B83</lei>
        <title>Aecon Group Inc</title>
        <cusip>00762V109</cusip>
        <identifiers>
          <isin value="CA00762V1094"/>
          <ticker value="ARE"/>
          <other otherDesc="SEDOL" value="2699547"/>
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        <balance>479099.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>15013001.6000000000</valUSD>
        <pctVal>0.0732342769</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Advantage Energy Ltd</name>
        <lei>549300WK5YRPOB2DTT64</lei>
        <title>Advantage Energy Ltd</title>
        <cusip>00791P107</cusip>
        <identifiers>
          <isin value="CA00791P1071"/>
          <ticker value="AAV"/>
          <other otherDesc="SEDOL" value="BNW0WP7"/>
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        <balance>3153255.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>25322506.6900000000</valUSD>
        <pctVal>0.1235246300</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AKITA Drilling Ltd</name>
        <lei>9845008F8E3FCC4CB850</lei>
        <title>AKITA Drilling Ltd</title>
        <cusip>009905209</cusip>
        <identifiers>
          <isin value="CA0099052098"/>
          <ticker value="AKT"/>
          <other otherDesc="SEDOL" value="2013415"/>
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        <balance>71243.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>196876.2900000000</valUSD>
        <pctVal>0.0009603738</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>
      <invstOrSec>
        <name>Allied Gold Corp</name>
        <lei>894500S5G4JFSRGK8L37</lei>
        <title>Allied Gold Corp</title>
        <cusip>01921D204</cusip>
        <identifiers>
          <isin value="CA01921D2041"/>
          <ticker value="AAUC"/>
          <other otherDesc="SEDOL" value="BS5YX69"/>
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        <balance>519800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>12256621.0900000000</valUSD>
        <pctVal>0.0597884958</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Amerigo Resources Ltd</name>
        <lei>5299000WW697YX8VQX13</lei>
        <title>Amerigo Resources Ltd</title>
        <cusip>03074G109</cusip>
        <identifiers>
          <isin value="CA03074G1090"/>
          <ticker value="ARG"/>
          <other otherDesc="SEDOL" value="2855822"/>
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        <balance>2209507.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>13072590.9300000000</valUSD>
        <pctVal>0.0637688432</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Andean Precious Metals Corp</name>
        <lei>N/A</lei>
        <title>Andean Precious Metals Corp</title>
        <cusip>03349X101</cusip>
        <identifiers>
          <isin value="CA03349X1015"/>
          <ticker value="APM"/>
          <other otherDesc="SEDOL" value="BNDS6V4"/>
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        <balance>180561.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>902837.5700000000</valUSD>
        <pctVal>0.0044040931</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>
      <invstOrSec>
        <name>Firstgroup PLC</name>
        <lei>549300DEJZCPWA4HKM93</lei>
        <title>Firstgroup PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0003452173"/>
          <ticker value="FGP"/>
          <other otherDesc="SEDOL" value="0345217"/>
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        <balance>18325744.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>44180019.5900000000</valUSD>
        <pctVal>0.2155126520</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Aris Mining Corp</name>
        <lei>5493001GJ5TILX6L1F82</lei>
        <title>Aris Mining Corp</title>
        <cusip>04040Y109</cusip>
        <identifiers>
          <isin value="CA04040Y1097"/>
          <ticker value="ARIS"/>
          <other otherDesc="SEDOL" value="BQKRCQ2"/>
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        <balance>2646133.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>52905476.7000000000</valUSD>
        <pctVal>0.2580759288</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pan African Resources PLC</name>
        <lei>213800EAXURCXMX6RL85</lei>
        <title>Pan African Resources PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0004300496"/>
          <ticker value="PAF"/>
          <other otherDesc="SEDOL" value="0430049"/>
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        <balance>45739279.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>83216436.8000000000</valUSD>
        <pctVal>0.4059345186</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hunting PLC</name>
        <lei>2138008S5FL78ITZRN66</lei>
        <title>Hunting PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0004478896"/>
          <ticker value="HTG"/>
          <other otherDesc="SEDOL" value="0447889"/>
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        <balance>215.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>1195.9500000000</valUSD>
        <pctVal>0.0000058339</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mitie Group PLC</name>
        <lei>213800MTCLTKEHWZMJ03</lei>
        <title>Mitie Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0004657408"/>
          <ticker value="MTO"/>
          <other otherDesc="SEDOL" value="0465740"/>
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        <balance>3271539.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>9191124.3300000000</valUSD>
        <pctVal>0.0448348280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Athabasca Oil Corp</name>
        <lei>549300STK2KBVO6WED71</lei>
        <title>Athabasca Oil Corp</title>
        <cusip>04682R107</cusip>
        <identifiers>
          <isin value="CA04682R1073"/>
          <ticker value="ATH"/>
          <other otherDesc="SEDOL" value="B8DG7Z4"/>
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        <balance>4631828.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>35525330.3800000000</valUSD>
        <pctVal>0.1732945851</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>
      <invstOrSec>
        <name>Equinox Gold Corp</name>
        <lei>5493005IN4V1SNP9PN75</lei>
        <title>Equinox Gold Corp</title>
        <cusip>29446Y502</cusip>
        <identifiers>
          <isin value="CA29446Y5020"/>
          <ticker value="EQX"/>
          <other otherDesc="SEDOL" value="BKLNP13"/>
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        <balance>1460167.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>18858536.9600000000</valUSD>
        <pctVal>0.0919930175</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>
      <invstOrSec>
        <name>ERO Copper Corp</name>
        <lei>549300KL8A21SEIO8I47</lei>
        <title>ERO Copper Corp</title>
        <cusip>296006109</cusip>
        <identifiers>
          <isin value="CA2960061091"/>
          <ticker value="ERO"/>
          <other otherDesc="SEDOL" value="BF02Z72"/>
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        <balance>1666810.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>62020557.5200000000</valUSD>
        <pctVal>0.3025398122</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>
      <invstOrSec>
        <name>Evertz Technologies Ltd</name>
        <lei>254900ASG60X9475O884</lei>
        <title>Evertz Technologies Ltd</title>
        <cusip>30041N107</cusip>
        <identifiers>
          <isin value="CA30041N1078"/>
          <ticker value="ET"/>
          <other otherDesc="SEDOL" value="B17XX09"/>
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        <balance>300.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
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        <pctVal>0.0000163136</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>
      <invstOrSec>
        <name>Michael Page PLC</name>
        <lei>213800JK5ZEQW4AB8G71</lei>
        <title>Michael Page PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0030232317"/>
          <ticker value="PAGE"/>
          <other otherDesc="SEDOL" value="3023231"/>
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        <balance>5495013.0000000000</balance>
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        <valUSD>16366554.8400000000</valUSD>
        <pctVal>0.0798369867</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Burberry Group PLC</name>
        <lei>213800PE1KEFCNFR1R50</lei>
        <title>Burberry Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0031743007"/>
          <ticker value="BRBY"/>
          <other otherDesc="SEDOL" value="3174300"/>
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        <balance>7993591.0000000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>115706002.2600000000</valUSD>
        <pctVal>0.5644204695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FULLCAST Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>FULLCAST Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3827800008"/>
          <ticker value="4848"/>
          <other otherDesc="SEDOL" value="6352404"/>
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        <balance>14100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>166461.9000000000</valUSD>
        <pctVal>0.0008120106</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Ferrotec Corp</name>
        <lei>3538005N4KWZD4R07U97</lei>
        <title>Ferrotec Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3802720007"/>
          <ticker value="6890"/>
          <other otherDesc="SEDOL" value="6354273"/>
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        <balance>755700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>43627870.2700000000</valUSD>
        <pctVal>0.2128192362</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>FuKoKu Co Ltd</name>
        <lei>N/A</lei>
        <title>FuKoKu Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3807000009"/>
          <ticker value="5185"/>
          <other otherDesc="SEDOL" value="6354626"/>
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        <balance>117100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1505252.7600000000</valUSD>
        <pctVal>0.0073427087</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Fudo Tetra Corp</name>
        <lei>N/A</lei>
        <title>Fudo Tetra Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3825600004"/>
          <ticker value="1813"/>
          <other otherDesc="SEDOL" value="6355005"/>
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        <balance>5100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>90540.7600000000</valUSD>
        <pctVal>0.0004416630</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Zacros Corp</name>
        <lei>353800YWT7BBFCB5RN10</lei>
        <title>Zacros Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3821000001"/>
          <ticker value="7917"/>
          <other otherDesc="SEDOL" value="6355180"/>
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        <balance>434500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3506651.9700000000</valUSD>
        <pctVal>0.0171056480</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Fuji Pharma Co Ltd</name>
        <lei>529900L1XVCEHVKHAM60</lei>
        <title>Fuji Pharma Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3816200004"/>
          <ticker value="4554"/>
          <other otherDesc="SEDOL" value="6355254"/>
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        <balance>248600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2786516.9000000000</valUSD>
        <pctVal>0.0135927882</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Fuji Co Ltd/Ehime</name>
        <lei>N/A</lei>
        <title>Fuji Co Ltd/Ehime</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3807400001"/>
          <ticker value="8278"/>
          <other otherDesc="SEDOL" value="6356246"/>
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        <balance>586300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>7543572.0500000000</valUSD>
        <pctVal>0.0367979741</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Fujibo Holdings Inc</name>
        <lei>N/A</lei>
        <title>Fujibo Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3820800005"/>
          <ticker value="3104"/>
          <other otherDesc="SEDOL" value="6356600"/>
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        <balance>129600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2778794.1200000000</valUSD>
        <pctVal>0.0135551160</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>FUJI OIL CO LTD /Osaka</name>
        <lei>N/A</lei>
        <title>FUJI OIL CO LTD /Osaka</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3816400000"/>
          <ticker value="2607"/>
          <other otherDesc="SEDOL" value="6356848"/>
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        <balance>206800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>5980497.4700000000</valUSD>
        <pctVal>0.0291732073</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>Fujita Kanko Inc</name>
        <lei>N/A</lei>
        <title>Fujita Kanko Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3816800001"/>
          <ticker value="9722"/>
          <other otherDesc="SEDOL" value="6356923"/>
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        <balance>5100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>96634.0900000000</valUSD>
        <pctVal>0.0004713866</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Fukuda Corp</name>
        <lei>N/A</lei>
        <title>Fukuda Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3805600008"/>
          <ticker value="1899"/>
          <other otherDesc="SEDOL" value="6356990"/>
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        <balance>33900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1021751.6800000000</valUSD>
        <pctVal>0.0049841629</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>Fukuda Denshi Co Ltd</name>
        <lei>N/A</lei>
        <title>Fukuda Denshi Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3806000000"/>
          <ticker value="6960"/>
          <other otherDesc="SEDOL" value="6357012"/>
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        <balance>200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>15273.9800000000</valUSD>
        <pctVal>0.0000745073</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Fukui Bank Ltd/The</name>
        <lei>353800LB5EI9ZB9ZL464</lei>
        <title>Fukui Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3803600000"/>
          <ticker value="8362"/>
          <other otherDesc="SEDOL" value="6357067"/>
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        <balance>117800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>5135381.6800000000</valUSD>
        <pctVal>0.0250506843</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Iino Kaiun Kaisha Ltd</name>
        <lei>353800VWL98SRNE0NX81</lei>
        <title>Iino Kaiun Kaisha Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3131200002"/>
          <ticker value="9119"/>
          <other otherDesc="SEDOL" value="6457008"/>
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        <balance>2221700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>24594863.6100000000</valUSD>
        <pctVal>0.1199751456</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Inaba Denki Sangyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Inaba Denki Sangyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3146200005"/>
          <ticker value="9934"/>
          <other otherDesc="SEDOL" value="6459219"/>
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        <balance>53800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1035487.6300000000</valUSD>
        <pctVal>0.0050511676</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>
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      <invstOrSec>
        <name>Phoenix Financial Ltd</name>
        <lei>254900IUA68QTCFYHE30</lei>
        <title>Phoenix Financial Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0007670123"/>
          <ticker value="PHOE"/>
          <other otherDesc="SEDOL" value="6460590"/>
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        <balance>44077.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>2765338.5700000000</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Total Energy Services Inc</name>
        <lei>549300R3W0R3EV800D58</lei>
        <title>Total Energy Services Inc</title>
        <cusip>89154B102</cusip>
        <identifiers>
          <isin value="CA89154B1022"/>
          <ticker value="TOT"/>
          <other otherDesc="SEDOL" value="B4YSN64"/>
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        <balance>420023.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>9522077.0300000000</valUSD>
        <pctVal>0.0464492341</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>
      <invstOrSec>
        <name>Iriso Electronics Co Ltd</name>
        <lei>N/A</lei>
        <title>Iriso Electronics Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3149800009"/>
          <ticker value="6908"/>
          <other otherDesc="SEDOL" value="6461128"/>
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        <balance>180900.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3203774.8600000000</valUSD>
        <pctVal>0.0156281963</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Isras Investment Co Ltd</name>
        <lei>N/A</lei>
        <title>Isras Investment Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0006130343"/>
          <ticker value="ISRS"/>
          <other otherDesc="SEDOL" value="6461496"/>
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        <balance>12893.0000000000</balance>
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        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>3506396.6800000000</valUSD>
        <pctVal>0.0171044027</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Inabata &amp; Co Ltd</name>
        <lei>N/A</lei>
        <title>Inabata &amp; Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3146000009"/>
          <ticker value="8098"/>
          <other otherDesc="SEDOL" value="6461601"/>
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        <balance>393800.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>10902376.8900000000</valUSD>
        <pctVal>0.0531824155</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>Innotech Corp</name>
        <lei>N/A</lei>
        <title>Innotech Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3147800001"/>
          <ticker value="9880"/>
          <other otherDesc="SEDOL" value="6462530"/>
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        <balance>146300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3144444.8200000000</valUSD>
        <pctVal>0.0153387809</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>Ines Corp</name>
        <lei>N/A</lei>
        <title>Ines Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3105000008"/>
          <ticker value="9742"/>
          <other otherDesc="SEDOL" value="6463016"/>
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        <balance>200.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2948.8400000000</valUSD>
        <pctVal>0.0000143846</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>Ishihara Sangyo Kaisha Ltd</name>
        <lei>N/A</lei>
        <title>Ishihara Sangyo Kaisha Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3136800004"/>
          <ticker value="4028"/>
          <other otherDesc="SEDOL" value="6466866"/>
        </identifiers>
        <balance>818200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>16279545.4000000000</valUSD>
        <pctVal>0.0794125497</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>Itochu Enex Co Ltd</name>
        <lei>549300WO21DGCU3JY132</lei>
        <title>Itochu Enex Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3144000001"/>
          <ticker value="8133"/>
          <other otherDesc="SEDOL" value="6467825"/>
        </identifiers>
        <balance>637800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>9031272.8500000000</valUSD>
        <pctVal>0.0440550634</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>Astena Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Astena Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3150000002"/>
          <ticker value="8095"/>
          <other otherDesc="SEDOL" value="6468066"/>
        </identifiers>
        <balance>28800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>98919.5400000000</valUSD>
        <pctVal>0.0004825352</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>Izumi Co Ltd</name>
        <lei>N/A</lei>
        <title>Izumi Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3138400001"/>
          <ticker value="8273"/>
          <other otherDesc="SEDOL" value="6468152"/>
        </identifiers>
        <balance>2866200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>18484771.7900000000</valUSD>
        <pctVal>0.0901697697</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>Kyushu Leasing Service Co Ltd</name>
        <lei>N/A</lei>
        <title>Kyushu Leasing Service Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3247000007"/>
          <ticker value="8596"/>
          <other otherDesc="SEDOL" value="6499301"/>
        </identifiers>
        <balance>5000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>50559.7400000000</valUSD>
        <pctVal>0.0002466333</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>EXEO Group Inc</name>
        <lei>N/A</lei>
        <title>EXEO Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3254200003"/>
          <ticker value="1951"/>
          <other otherDesc="SEDOL" value="6499420"/>
        </identifiers>
        <balance>400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>6597.1900000000</valUSD>
        <pctVal>0.0000321815</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>Kraftia Corp</name>
        <lei>N/A</lei>
        <title>Kraftia Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3247050002"/>
          <ticker value="1959"/>
          <other otherDesc="SEDOL" value="6499969"/>
        </identifiers>
        <balance>48600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2465035.5900000000</valUSD>
        <pctVal>0.0120245840</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>KRS Corp</name>
        <lei>N/A</lei>
        <title>KRS Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3244700005"/>
          <ticker value="9369"/>
          <other otherDesc="SEDOL" value="6502663"/>
        </identifiers>
        <balance>7400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>147033.0900000000</valUSD>
        <pctVal>0.0007172358</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>Kohnan Shoji Co Ltd</name>
        <lei>353800Z44MNXZ33L2N11</lei>
        <title>Kohnan Shoji Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3283750002"/>
          <ticker value="7516"/>
          <other otherDesc="SEDOL" value="6504379"/>
        </identifiers>
        <balance>493900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>13874387.7800000000</valUSD>
        <pctVal>0.0676800539</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>Keikyu Corp</name>
        <lei>N/A</lei>
        <title>Keikyu Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3280200001"/>
          <ticker value="9006"/>
          <other otherDesc="SEDOL" value="6487306"/>
        </identifiers>
        <balance>700400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>6872072.3800000000</valUSD>
        <pctVal>0.0335223605</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>Keio Corp</name>
        <lei>N/A</lei>
        <title>Keio Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3277800003"/>
          <ticker value="9008"/>
          <other otherDesc="SEDOL" value="6487362"/>
        </identifiers>
        <balance>386900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1894166.5400000000</valUSD>
        <pctVal>0.0092398523</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>Mitsuba Corp</name>
        <lei>3538005G71818HB9EZ57</lei>
        <title>Mitsuba Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3895200008"/>
          <ticker value="7280"/>
          <other otherDesc="SEDOL" value="6596387"/>
        </identifiers>
        <balance>1015900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>8430261.4800000000</valUSD>
        <pctVal>0.0411232957</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>Mitsubishi Kakoki Kaisha Ltd</name>
        <lei>N/A</lei>
        <title>Mitsubishi Kakoki Kaisha Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3896000001"/>
          <ticker value="6331"/>
          <other otherDesc="SEDOL" value="6597119"/>
        </identifiers>
        <balance>202800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4148651.1300000000</valUSD>
        <pctVal>0.0202373565</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>Mitsubishi Paper Mills Ltd</name>
        <lei>353800NBZ0Q01KOK1B77</lei>
        <title>Mitsubishi Paper Mills Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3901200000"/>
          <ticker value="3864"/>
          <other otherDesc="SEDOL" value="6597142"/>
        </identifiers>
        <balance>226700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1716986.7500000000</valUSD>
        <pctVal>0.0083755592</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>Kojima Co Ltd</name>
        <lei>N/A</lei>
        <title>Kojima Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3297380002"/>
          <ticker value="7513"/>
          <other otherDesc="SEDOL" value="6488912"/>
        </identifiers>
        <balance>150300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1301898.9600000000</valUSD>
        <pctVal>0.0063507373</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>Kyoritsu Maintenance Co Ltd</name>
        <lei>353800IO2MFHL1NA0986</lei>
        <title>Kyoritsu Maintenance Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3253900009"/>
          <ticker value="9616"/>
          <other otherDesc="SEDOL" value="6489603"/>
        </identifiers>
        <balance>575700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>12396152.1000000000</valUSD>
        <pctVal>0.0604691360</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>Langham Hospitality Investments and Langham Hospitality Investments Ltd</name>
        <lei>N/A</lei>
        <title>Langham Hospitality Investments and Langham Hospitality Investments Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0000150521"/>
          <ticker value="1270"/>
          <other otherDesc="SEDOL" value="B8W3S31"/>
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        <balance>27400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>1621.6900000000</valUSD>
        <pctVal>0.0000079107</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Syuppin Co Ltd</name>
        <lei>N/A</lei>
        <title>Syuppin Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3359940008"/>
          <ticker value="3179"/>
          <other otherDesc="SEDOL" value="B92RW72"/>
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        <balance>2200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>16480.9500000000</valUSD>
        <pctVal>0.0000803950</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>Konoike Transport Co Ltd</name>
        <lei>3538004PLQ2IF2DMNC61</lei>
        <title>Konoike Transport Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3288970001"/>
          <ticker value="9025"/>
          <other otherDesc="SEDOL" value="B99HH03"/>
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        <balance>763200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>13903684.8800000000</valUSD>
        <pctVal>0.0678229668</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>ITC Properties Group Ltd</name>
        <lei>N/A</lei>
        <title>ITC Properties Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG4984N1618"/>
          <ticker value="199"/>
          <other otherDesc="SEDOL" value="B9CJ245"/>
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        <balance>698000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>228506.4500000000</valUSD>
        <pctVal>0.0011146675</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zotefoams PLC</name>
        <lei>213800B6P256B5XN8D32</lei>
        <title>Zotefoams PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0009896605"/>
          <ticker value="ZTF"/>
          <other otherDesc="SEDOL" value="0989660"/>
        </identifiers>
        <balance>86345.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>515437.3200000000</valUSD>
        <pctVal>0.0025143326</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Boston Pizza Royalties Income Fund</name>
        <lei>5493005FU206TUQVFP65</lei>
        <title>Boston Pizza Royalties Income Fund</title>
        <cusip>101084101</cusip>
        <identifiers>
          <isin value="CA1010841015"/>
          <ticker value="BPF-U"/>
          <other otherDesc="SEDOL" value="2968441"/>
        </identifiers>
        <balance>41118.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>620945.7300000000</valUSD>
        <pctVal>0.0030290086</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>
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        <name>B2Gold Corp</name>
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          <ticker value="BTO"/>
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        <invCountry>CA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Canada Packers Inc</name>
        <lei>894500HMD2RU8EFIQ237</lei>
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          <isin value="CA1351801073"/>
          <ticker value="CPKR"/>
          <other otherDesc="SEDOL" value="BW5YZZ0"/>
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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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      <invstOrSec>
        <name>Canadian Tire Corp Ltd</name>
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          <isin value="CA1366812024"/>
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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>Capital Power Corp</name>
        <lei>549300QRKTEXGXYVPO80</lei>
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          <isin value="CA14042M1023"/>
          <ticker value="CPX"/>
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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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      <invstOrSec>
        <name>Capstone Copper Corp</name>
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          <isin value="CA14071L1085"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Cardinal Energy Ltd</name>
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          <isin value="CA14150G4007"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Cascades Inc</name>
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          <isin value="CA1469001053"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Centerra Gold Inc</name>
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          <isin value="CA1520061021"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Finning International Inc</name>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Fortuna Mining Corp</name>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CES Energy Solutions Corp</name>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Chorus Aviation Inc</name>
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        <invCountry>CA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Cogeco Inc</name>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Cogeco Communications Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Freehold Royalties Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Frontera Energy Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Galiano Gold Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Greenfire Resources Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <name>Porr Ag</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Arnoldo Mondadori Editore SpA</name>
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        <pctVal>0.0055996350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banco di Desio e della Brianza SpA</name>
        <lei>81560026D234790EB288</lei>
        <title>Banco di Desio e della Brianza SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0001041000"/>
          <ticker value="BDB"/>
          <other otherDesc="SEDOL" value="4115740"/>
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        <balance>54934.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>1115638.0800000000</valUSD>
        <pctVal>0.0054421461</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bure Equity AB</name>
        <lei>5493000EHCBQ7QQBGX32</lei>
        <title>Bure Equity AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000195810"/>
          <ticker value="BURE"/>
          <other otherDesc="SEDOL" value="4152651"/>
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        <balance>79240.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>2599432.9400000000</valUSD>
        <pctVal>0.0126801819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CIR SpA-Compagnie Industriali</name>
        <lei>5493003VOSQJSPCM0T38</lei>
        <title>CIR SpA-Compagnie Industriali</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0000070786"/>
          <ticker value="CIR"/>
          <other otherDesc="SEDOL" value="4207636"/>
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        <balance>742273.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>649275.8100000000</valUSD>
        <pctVal>0.0031672044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Headwater Exploration Inc</name>
        <lei>549300XIU4JQ0GKLRG88</lei>
        <title>Headwater Exploration Inc</title>
        <cusip>422096107</cusip>
        <identifiers>
          <isin value="CA4220961078"/>
          <ticker value="HWX"/>
          <other otherDesc="SEDOL" value="BLHDDW1"/>
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        <balance>3808917.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>39739485.4200000000</valUSD>
        <pctVal>0.1938514734</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>
      <invstOrSec>
        <name>Danieli &amp; C Officine Meccaniche SpA</name>
        <lei>815600B4B8C6A353E566</lei>
        <title>Danieli &amp; C Officine Meccaniche SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0000076486"/>
          <ticker value="DANR"/>
          <other otherDesc="SEDOL" value="4253372"/>
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        <balance>338862.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>17687347.9600000000</valUSD>
        <pctVal>0.0862798908</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</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>Draegerwerk AG &amp; Co KGaA</name>
        <lei>5493005UFVHY0PPNKD75</lei>
        <title>Draegerwerk AG &amp; Co KGaA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005550602"/>
          <ticker value="DRW8"/>
          <other otherDesc="SEDOL" value="B3P3LW3"/>
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        <balance>981.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>94887.1400000000</valUSD>
        <pctVal>0.0004628649</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>High Liner Foods Inc</name>
        <lei>5493003THCPUJ8LV6J59</lei>
        <title>High Liner Foods Inc</title>
        <cusip>429695109</cusip>
        <identifiers>
          <isin value="CA4296951094"/>
          <ticker value="HLF"/>
          <other otherDesc="SEDOL" value="2626965"/>
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        <balance>4.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>43.4100000000</valUSD>
        <pctVal>0.0000002118</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>
      <invstOrSec>
        <name>Cie d'Entreprises CFE</name>
        <lei>5493003N7PPOYDZI1G90</lei>
        <title>Cie d'Entreprises CFE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003883031"/>
          <ticker value="CFEB"/>
          <other otherDesc="SEDOL" value="4318260"/>
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        <balance>26716.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>350743.4800000000</valUSD>
        <pctVal>0.0017109467</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</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>ABG Sundal Collier Holding ASA</name>
        <lei>5967007LIEEXZXIEMG82</lei>
        <title>ABG Sundal Collier Holding ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0003021909"/>
          <ticker value="ABG"/>
          <other otherDesc="SEDOL" value="4333058"/>
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        <balance>15794.0000000000</balance>
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        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>12474.2200000000</valUSD>
        <pctVal>0.0000608500</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</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>Forbo Holding AG</name>
        <lei>506700HR073894C16243</lei>
        <title>Forbo Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0003541510"/>
          <ticker value="FORN"/>
          <other otherDesc="SEDOL" value="4350035"/>
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        <balance>5762.0000000000</balance>
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        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>6936841.6000000000</valUSD>
        <pctVal>0.0338383084</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>
      <invstOrSec>
        <name>Hudbay Minerals Inc</name>
        <lei>894500LX3TMESP27BE29</lei>
        <title>Hudbay Minerals Inc</title>
        <cusip>443628102</cusip>
        <identifiers>
          <isin value="CA4436281022"/>
          <ticker value="HBM"/>
          <other otherDesc="SEDOL" value="B05BDX1"/>
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        <balance>2400234.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>68701816.6500000000</valUSD>
        <pctVal>0.3351313748</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>Derichebourg SA</name>
        <lei>969500QOO4C4IPGID263</lei>
        <title>Derichebourg SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000053381"/>
          <ticker value="DBG"/>
          <other otherDesc="SEDOL" value="4457088"/>
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        <balance>2485123.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>26623523.2200000000</valUSD>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Trigano SA</name>
        <lei>969500KLZPNMO8TUM811</lei>
        <title>Trigano SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0005691656"/>
          <ticker value="TRI"/>
          <other otherDesc="SEDOL" value="4457624"/>
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        <balance>119246.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
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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>IAMGOLD Corp</name>
        <lei>254900E7II30XAB9LA72</lei>
        <title>IAMGOLD Corp</title>
        <cusip>450913108</cusip>
        <identifiers>
          <isin value="CA4509131088"/>
          <ticker value="IMG"/>
          <other otherDesc="SEDOL" value="2446646"/>
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        <balance>3168362.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>64809742.5600000000</valUSD>
        <pctVal>0.3161456157</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>Lenzing AG</name>
        <lei>529900BKFJBI0QRDJH63</lei>
        <title>Lenzing AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000644505"/>
          <ticker value="LNZ"/>
          <other otherDesc="SEDOL" value="4512330"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Computer Modelling Group Ltd</name>
        <lei>254900W17JFUVTM20222</lei>
        <title>Computer Modelling Group Ltd</title>
        <cusip>205249105</cusip>
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          <isin value="CA2052491057"/>
          <ticker value="CMG"/>
          <other otherDesc="SEDOL" value="2223355"/>
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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>Eldorado Gold Corp</name>
        <lei>5493004PWQ01YDD1IH62</lei>
        <title>Eldorado Gold Corp</title>
        <cusip>284902509</cusip>
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          <isin value="CA2849025093"/>
          <ticker value="ELD"/>
          <other otherDesc="SEDOL" value="BHZJ5Y9"/>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Empire Co Ltd</name>
        <lei>549300TX0ZUSTEF7C719</lei>
        <title>Empire Co Ltd</title>
        <cusip>291843407</cusip>
        <identifiers>
          <isin value="CA2918434077"/>
          <ticker value="EMP/A"/>
          <other otherDesc="SEDOL" value="2314000"/>
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        <balance>425645.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Endeavour Silver Corp</name>
        <lei>549300IF2E29780PPV02</lei>
        <title>Endeavour Silver Corp</title>
        <cusip>29258Y103</cusip>
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          <isin value="CA29258Y1034"/>
          <ticker value="EDR"/>
          <other otherDesc="SEDOL" value="2980003"/>
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        <balance>775300.0000000000</balance>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fukuyama Transporting Co Ltd</name>
        <lei>529900Z7D20PNX4HSO85</lei>
        <title>Fukuyama Transporting Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3806800003"/>
          <ticker value="9075"/>
          <other otherDesc="SEDOL" value="6357120"/>
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        <balance>228700.0000000000</balance>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Furukawa Co Ltd</name>
        <lei>353800PX0BWY7U1VKE72</lei>
        <title>Furukawa Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3826800009"/>
          <ticker value="5715"/>
          <other otherDesc="SEDOL" value="6357603"/>
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        <balance>358700.0000000000</balance>
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        <valUSD>9949422.0400000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Furuno Electric Co Ltd</name>
        <lei>N/A</lei>
        <title>Furuno Electric Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3828400006"/>
          <ticker value="6814"/>
          <other otherDesc="SEDOL" value="6357614"/>
        </identifiers>
        <balance>331300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>15635672.6200000000</valUSD>
        <pctVal>0.0762717016</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>Futaba Industrial Co Ltd</name>
        <lei>N/A</lei>
        <title>Futaba Industrial Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3824000008"/>
          <ticker value="7241"/>
          <other otherDesc="SEDOL" value="6357744"/>
        </identifiers>
        <balance>1057000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>7423465.8900000000</valUSD>
        <pctVal>0.0362120894</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>Ahresty Corp</name>
        <lei>N/A</lei>
        <title>Ahresty Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3100600000"/>
          <ticker value="5852"/>
          <other otherDesc="SEDOL" value="6357807"/>
        </identifiers>
        <balance>301000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1320528.6900000000</valUSD>
        <pctVal>0.0064416142</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>Elders Ltd</name>
        <lei>254900Y0SQG962QL6549</lei>
        <title>Elders Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ELD6"/>
          <ticker value="ELD"/>
          <other otherDesc="SEDOL" value="6357852"/>
        </identifiers>
        <balance>192655.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>829541.9800000000</valUSD>
        <pctVal>0.0040465530</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gakken Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Gakken Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3234200008"/>
          <ticker value="9470"/>
          <other otherDesc="SEDOL" value="6359739"/>
        </identifiers>
        <balance>125600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>819171.9900000000</valUSD>
        <pctVal>0.0039959676</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>Norstar Holdings Inc</name>
        <lei>N/A</lei>
        <title>Norstar Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PAL0605071A3"/>
          <ticker value="NSTR"/>
          <other otherDesc="SEDOL" value="6362652"/>
        </identifiers>
        <balance>35461.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>86324.9000000000</valUSD>
        <pctVal>0.0004210978</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>Kitoku Shinryo Co Ltd</name>
        <lei>N/A</lei>
        <title>Kitoku Shinryo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3240900005"/>
          <ticker value="2700"/>
          <other otherDesc="SEDOL" value="6368713"/>
        </identifiers>
        <balance>1700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>19264.1800000000</valUSD>
        <pctVal>0.0000939718</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>Prestige International Inc</name>
        <lei>N/A</lei>
        <title>Prestige International Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3833620002"/>
          <ticker value="4290"/>
          <other otherDesc="SEDOL" value="6373632"/>
        </identifiers>
        <balance>133900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>601749.5900000000</valUSD>
        <pctVal>0.0029353688</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>Glory Ltd</name>
        <lei>3538003FKID28TGG5U64</lei>
        <title>Glory Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3274400005"/>
          <ticker value="6457"/>
          <other otherDesc="SEDOL" value="6374226"/>
        </identifiers>
        <balance>1116300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>33807008.0700000000</valUSD>
        <pctVal>0.1649125110</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>Partner Communications Co Ltd</name>
        <lei>529900P1P6RZ1NC37U33</lei>
        <title>Partner Communications Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010834849"/>
          <ticker value="PTNR"/>
          <other otherDesc="SEDOL" value="6374420"/>
        </identifiers>
        <balance>3211117.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>39645415.2300000000</valUSD>
        <pctVal>0.1933925937</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>Australian Agricultural Co Ltd</name>
        <lei>549300Y00F9KT5JNIE98</lei>
        <title>Australian Agricultural Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000AAC9"/>
          <ticker value="AAC"/>
          <other otherDesc="SEDOL" value="6382285"/>
        </identifiers>
        <balance>232563.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>221616.1300000000</valUSD>
        <pctVal>0.0010810561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Great Eagle Holdings Ltd</name>
        <lei>529900V6LG3TC9XC5S67</lei>
        <title>Great Eagle Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG4069C1486"/>
          <ticker value="41"/>
          <other otherDesc="SEDOL" value="6387406"/>
        </identifiers>
        <balance>695000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>1348220.8200000000</valUSD>
        <pctVal>0.0065766980</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Amuse Inc</name>
        <lei>N/A</lei>
        <title>Amuse Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3124500004"/>
          <ticker value="4301"/>
          <other otherDesc="SEDOL" value="6388238"/>
        </identifiers>
        <balance>500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>5995.2700000000</valUSD>
        <pctVal>0.0000292453</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>Elecom Co Ltd</name>
        <lei>353800BXFUVR7EPC0G35</lei>
        <title>Elecom Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3168200008"/>
          <ticker value="6750"/>
          <other otherDesc="SEDOL" value="6388528"/>
        </identifiers>
        <balance>100400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1265452.1000000000</valUSD>
        <pctVal>0.0061729474</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>Bilia AB</name>
        <lei>2138002GW5WN1UYZAO32</lei>
        <title>Bilia AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0009921588"/>
          <ticker value="BILIA"/>
          <other otherDesc="SEDOL" value="BDVLJ38"/>
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        <balance>2046529.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>31261562.3700000000</valUSD>
        <pctVal>0.1524956819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Alligo AB</name>
        <lei>549300AZV2TAMUBEZS90</lei>
        <title>Alligo AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0009922305"/>
          <ticker value="ALLIGOB"/>
          <other otherDesc="SEDOL" value="BF345V9"/>
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        <balance>13569.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>191453.3100000000</valUSD>
        <pctVal>0.0009339202</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Loadstar Capital KK</name>
        <lei>N/A</lei>
        <title>Loadstar Capital KK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3982600003"/>
          <ticker value="3482"/>
          <other otherDesc="SEDOL" value="BF241C3"/>
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        <balance>14300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>235153.9700000000</valUSD>
        <pctVal>0.0011470945</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Aroundtown SA</name>
        <lei>529900H4DWG3KWMBMQ39</lei>
        <title>Aroundtown SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="LU1673108939"/>
          <ticker value="AT1"/>
          <other otherDesc="SEDOL" value="BF0CK44"/>
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        <balance>714480.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>1580607.5000000000</valUSD>
        <pctVal>0.0077102934</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kemira Oyj</name>
        <lei>74370031Y7RK5H88CQ48</lei>
        <title>Kemira Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009004824"/>
          <ticker value="KEMIRA"/>
          <other otherDesc="SEDOL" value="4513612"/>
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        <balance>2072945.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>42274758.8600000000</valUSD>
        <pctVal>0.2062186816</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Imperial Metals Corp</name>
        <lei>549300WQSPLDYCC4Z755</lei>
        <title>Imperial Metals Corp</title>
        <cusip>452892102</cusip>
        <identifiers>
          <isin value="CA4528921022"/>
          <ticker value="III"/>
          <other otherDesc="SEDOL" value="2878937"/>
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        <balance>675160.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>4554815.1100000000</valUSD>
        <pctVal>0.0222186475</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Deutz AG</name>
        <lei>5299005DETTV58V2PP63</lei>
        <title>Deutz AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006305006"/>
          <ticker value="DEZ"/>
          <other otherDesc="SEDOL" value="4557847"/>
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        <balance>1046412.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>15432224.7900000000</valUSD>
        <pctVal>0.0752792715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AKWEL SADIR</name>
        <lei>969500SVR0D7W9RQ6751</lei>
        <title>AKWEL SADIR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000053027"/>
          <ticker value="AKW"/>
          <other otherDesc="SEDOL" value="4569530"/>
        </identifiers>
        <balance>2357.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>17560.2700000000</valUSD>
        <pctVal>0.0000856600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Enerflex Ltd</name>
        <lei>54930014N7872VUS3F89</lei>
        <title>Enerflex Ltd</title>
        <cusip>29269R105</cusip>
        <identifiers>
          <isin value="CA29269R1055"/>
          <ticker value="EFX"/>
          <other otherDesc="SEDOL" value="B4Y2RV9"/>
        </identifiers>
        <balance>1544422.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>31491298.9100000000</valUSD>
        <pctVal>0.1536163498</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cloetta AB</name>
        <lei>549300CSLHPO6Y1AZN37</lei>
        <title>Cloetta AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0002626861"/>
          <ticker value="CLAB"/>
          <other otherDesc="SEDOL" value="B3K5QQ3"/>
        </identifiers>
        <balance>1180991.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>7051832.7600000000</valUSD>
        <pctVal>0.0343992419</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PAX Global Technology Ltd</name>
        <lei>5299008CRGPD1WZXCD36</lei>
        <title>PAX Global Technology Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG6955J1036"/>
          <ticker value="327"/>
          <other otherDesc="SEDOL" value="B3LX5R0"/>
        </identifiers>
        <balance>6039000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>3138151.2900000000</valUSD>
        <pctVal>0.0153080807</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ocado Group PLC</name>
        <lei>213800LO8F61YB8MBC74</lei>
        <title>Ocado Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B3MBS747"/>
          <ticker value="OCDO"/>
          <other otherDesc="SEDOL" value="B3MBS74"/>
        </identifiers>
        <balance>2899036.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>9300989.5400000000</valUSD>
        <pctVal>0.0453707568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gamecard Holdings Inc</name>
        <lei>N/A</lei>
        <title>Gamecard Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3282270002"/>
          <ticker value="6249"/>
          <other otherDesc="SEDOL" value="B3NNBT2"/>
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        <balance>1900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>33922.0900000000</valUSD>
        <pctVal>0.0001654739</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>Grupo Empresarial San Jose SA</name>
        <lei>9598002SMUBZZBE58976</lei>
        <title>Grupo Empresarial San Jose SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0180918015"/>
          <ticker value="GSJ"/>
          <other otherDesc="SEDOL" value="B3NQ9K8"/>
        </identifiers>
        <balance>77897.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>697351.8600000000</valUSD>
        <pctVal>0.0034017221</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KAWADA TECHNOLOGIES Inc</name>
        <lei>N/A</lei>
        <title>KAWADA TECHNOLOGIES Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3226300006"/>
          <ticker value="3443"/>
          <other otherDesc="SEDOL" value="B3V2W32"/>
        </identifiers>
        <balance>325900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2817196.8400000000</valUSD>
        <pctVal>0.0137424467</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>Create SD Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Create SD Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3269940007"/>
          <ticker value="3148"/>
          <other otherDesc="SEDOL" value="B3V2XQ2"/>
        </identifiers>
        <balance>84800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1801618.0300000000</valUSD>
        <pctVal>0.0087883954</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>Umicore SA</name>
        <lei>529900F3AIQECS8ZSV61</lei>
        <title>Umicore SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0974320526"/>
          <ticker value="UMI"/>
          <other otherDesc="SEDOL" value="BF44466"/>
        </identifiers>
        <balance>2304067.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>63325842.4200000000</valUSD>
        <pctVal>0.3089070663</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bahnhof AB</name>
        <lei>213800K7LQU3H85KCU96</lei>
        <title>Bahnhof AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0010442418"/>
          <ticker value="BAHNB"/>
          <other otherDesc="SEDOL" value="BYWHF34"/>
        </identifiers>
        <balance>130309.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>805040.6000000000</valUSD>
        <pctVal>0.0039270339</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi Research Institute Inc</name>
        <lei>N/A</lei>
        <title>Mitsubishi Research Institute Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3902200009"/>
          <ticker value="3636"/>
          <other otherDesc="SEDOL" value="B3WPWZ2"/>
        </identifiers>
        <balance>12700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>409776.2100000000</valUSD>
        <pctVal>0.0019989117</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>FIDEA Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>FIDEA Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3802940001"/>
          <ticker value="8713"/>
          <other otherDesc="SEDOL" value="B3X0911"/>
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        <balance>47310.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>849731.3100000000</valUSD>
        <pctVal>0.0041450377</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>Hutchison Telecommunications Hong Kong Holdings Ltd</name>
        <lei>254900ZIRESZ56ME6215</lei>
        <title>Hutchison Telecommunications Hong Kong Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG4672G1064"/>
          <ticker value="215"/>
          <other otherDesc="SEDOL" value="B3XH0P3"/>
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        <balance>130000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>19142.9800000000</valUSD>
        <pctVal>0.0000933805</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Megmilk Snow Brand Co Ltd</name>
        <lei>N/A</lei>
        <title>Megmilk Snow Brand Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3947800003"/>
          <ticker value="2270"/>
          <other otherDesc="SEDOL" value="B3ZC078"/>
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        <balance>899300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>20976889.4600000000</valUSD>
        <pctVal>0.1023264616</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>Restar Corp</name>
        <lei>353800609PNM9E4ZNY15</lei>
        <title>Restar Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3944360001"/>
          <ticker value="3156"/>
          <other otherDesc="SEDOL" value="B3ZGHJ1"/>
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        <balance>506800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>17394689.5900000000</valUSD>
        <pctVal>0.0848522866</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>Senshu Ikeda Holdings Inc</name>
        <lei>N/A</lei>
        <title>Senshu Ikeda Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3132600002"/>
          <ticker value="8714"/>
          <other otherDesc="SEDOL" value="B40T3T4"/>
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        <balance>3558100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>24259203.3100000000</valUSD>
        <pctVal>0.1183377755</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Zigup PLC</name>
        <lei>213800B3ZUTDOZYVJB41</lei>
        <title>Zigup PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B41H7391"/>
          <ticker value="ZIG"/>
          <other otherDesc="SEDOL" value="B41H739"/>
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        <balance>6560970.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>38851091.0100000000</valUSD>
        <pctVal>0.1895178349</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MyState Ltd</name>
        <lei>N/A</lei>
        <title>MyState Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MYS0"/>
          <ticker value="MYS"/>
          <other otherDesc="SEDOL" value="B41XHK4"/>
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        <balance>255657.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>877527.5100000000</valUSD>
        <pctVal>0.0042806292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TECHNO HORIZON Co Ltd</name>
        <lei>N/A</lei>
        <title>TECHNO HORIZON Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3545220000"/>
          <ticker value="6629"/>
          <other otherDesc="SEDOL" value="B4K5GT3"/>
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        <balance>141200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>884725.1500000000</valUSD>
        <pctVal>0.0043157397</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>West African Resources Ltd</name>
        <lei>529900XLO8GMJNTUL013</lei>
        <title>West African Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000WAF6"/>
          <ticker value="WAF"/>
          <other otherDesc="SEDOL" value="B4KBBN0"/>
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        <balance>29597655.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>79390886.0800000000</valUSD>
        <pctVal>0.3872732643</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Stanmore Resources Ltd</name>
        <lei>52990090OHRBVS7DDA54</lei>
        <title>Stanmore Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SMR4"/>
          <ticker value="SMR"/>
          <other otherDesc="SEDOL" value="B4KDPZ6"/>
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        <balance>8062321.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>15808921.2700000000</valUSD>
        <pctVal>0.0771168184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Stolt-Nielsen Ltd</name>
        <lei>213800VZX4LWJSGRLR94</lei>
        <title>Stolt-Nielsen Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG850801025"/>
          <ticker value="SNI"/>
          <other otherDesc="SEDOL" value="B4PKZG3"/>
        </identifiers>
        <balance>505123.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>17802614.2600000000</valUSD>
        <pctVal>0.0868421664</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japan Property Management Center  Co Ltd</name>
        <lei>N/A</lei>
        <title>Japan Property Management Center  Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3695050009"/>
          <ticker value="3276"/>
          <other otherDesc="SEDOL" value="B4Q77X4"/>
        </identifiers>
        <balance>17800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>261138.9200000000</valUSD>
        <pctVal>0.0012738505</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>ID Logistics Group SACA</name>
        <lei>969500U1DQN70VMJ9P45</lei>
        <title>ID Logistics Group SACA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010929125"/>
          <ticker value="IDL"/>
          <other otherDesc="SEDOL" value="B4RFDT5"/>
        </identifiers>
        <balance>24658.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>9493340.8000000000</valUSD>
        <pctVal>0.0463090572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Norma Group SE</name>
        <lei>5299000LM9HC76W5XD46</lei>
        <title>Norma Group SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A1H8BV3"/>
          <ticker value="NOEJ"/>
          <other otherDesc="SEDOL" value="B4RLNR1"/>
        </identifiers>
        <balance>543134.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>12601591.5200000000</valUSD>
        <pctVal>0.0614712812</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Afentra PLC</name>
        <lei>21380028BFDFJK8BRX92</lei>
        <title>Afentra PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B4X3Q493"/>
          <ticker value="AET"/>
          <other otherDesc="SEDOL" value="B4X3Q49"/>
        </identifiers>
        <balance>431290.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>440727.4500000000</valUSD>
        <pctVal>0.0021498936</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bulten AB</name>
        <lei>549300HUR75YN61F4108</lei>
        <title>Bulten AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0003849223"/>
          <ticker value="BULTEN"/>
          <other otherDesc="SEDOL" value="B4Y8D20"/>
        </identifiers>
        <balance>2600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>17575.5000000000</valUSD>
        <pctVal>0.0000857343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coats Group PLC</name>
        <lei>2138003SPYWGAITNFY17</lei>
        <title>Coats Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B4YZN328"/>
          <ticker value="COA"/>
          <other otherDesc="SEDOL" value="B4YZN32"/>
        </identifiers>
        <balance>19126720.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>20896494.9900000000</valUSD>
        <pctVal>0.1019342928</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>InPlay Oil Corp</name>
        <lei>549300Q8MCW3G2L7NJ28</lei>
        <title>InPlay Oil Corp</title>
        <cusip>45780T404</cusip>
        <identifiers>
          <isin value="CA45780T4046"/>
          <ticker value="IPO"/>
          <other otherDesc="SEDOL" value="BV8FLV1"/>
        </identifiers>
        <balance>155400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>1972283.2700000000</valUSD>
        <pctVal>0.0096209101</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Miquel y Costas &amp; Miquel SA</name>
        <lei>95980020140005204809</lei>
        <title>Miquel y Costas &amp; Miquel SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0164180012"/>
          <ticker value="MCM"/>
          <other otherDesc="SEDOL" value="4593067"/>
        </identifiers>
        <balance>215.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>3343.0100000000</valUSD>
        <pctVal>0.0000163074</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OC Oerlikon Corp AG Pfaeffikon</name>
        <lei>529900I8VLAZR2FJ0M10</lei>
        <title>OC Oerlikon Corp AG Pfaeffikon</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0000816824"/>
          <ticker value="OERL"/>
          <other otherDesc="SEDOL" value="4612757"/>
        </identifiers>
        <balance>1371922.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>8757638.2500000000</valUSD>
        <pctVal>0.0427202582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Olvi Oyj</name>
        <lei>7437003NX7WWVRT6AJ55</lei>
        <title>Olvi Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009900401"/>
          <ticker value="OLVAS"/>
          <other otherDesc="SEDOL" value="4622165"/>
        </identifiers>
        <balance>26801.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>1002605.5900000000</valUSD>
        <pctVal>0.0048907672</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Borussia Dortmund GmbH &amp; Co KGaA</name>
        <lei>529900XO0YTOOKCLQB44</lei>
        <title>Borussia Dortmund GmbH &amp; Co KGaA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005493092"/>
          <ticker value="BVB"/>
          <other otherDesc="SEDOL" value="4627193"/>
        </identifiers>
        <balance>1035231.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>3980790.8100000000</valUSD>
        <pctVal>0.0194185243</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FNM SpA</name>
        <lei>815600AB6FA8AADC8739</lei>
        <title>FNM SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0000060886"/>
          <ticker value="FNM"/>
          <other otherDesc="SEDOL" value="4641289"/>
        </identifiers>
        <balance>63993.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>33902.0900000000</valUSD>
        <pctVal>0.0001653763</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NCC AB</name>
        <lei>213800WRGLW3CY4MHW53</lei>
        <title>NCC AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000117970"/>
          <ticker value="NCCB"/>
          <other otherDesc="SEDOL" value="4645742"/>
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        <balance>1911058.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>35837310.9600000000</valUSD>
        <pctVal>0.1748164441</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Outokumpu Oyj</name>
        <lei>5493009YRUJJDCFF0R80</lei>
        <title>Outokumpu OYJ</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009002422"/>
          <ticker value="OUT1V"/>
          <other otherDesc="SEDOL" value="4665148"/>
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        <balance>1439943.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>9416229.9400000000</valUSD>
        <pctVal>0.0459329060</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aedas Homes SA</name>
        <lei>9598005H67MP8U20RW81</lei>
        <title>Aedas Homes SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0105287009"/>
          <ticker value="AEDAS"/>
          <other otherDesc="SEDOL" value="BYP70L4"/>
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        <balance>1474.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>36128.4500000000</valUSD>
        <pctVal>0.0001762366</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Navigator Global Investments Ltd</name>
        <lei>9845000577CDA8B2C946</lei>
        <title>Navigator Global Investments Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000NGI6"/>
          <ticker value="NGI"/>
          <other otherDesc="SEDOL" value="BFN1D38"/>
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        <balance>3755730.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>6536984.7800000000</valUSD>
        <pctVal>0.0318877841</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Genky DrugStores Co Ltd</name>
        <lei>N/A</lei>
        <title>Genky DrugStores Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3282750003"/>
          <ticker value="9267"/>
          <other otherDesc="SEDOL" value="BF41GY9"/>
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        <balance>31100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>711959.3600000000</valUSD>
        <pctVal>0.0034729783</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>Corem Property Group AB</name>
        <lei>213800CHXQQD7TSS1T59</lei>
        <title>Corem Property Group AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0010714287"/>
          <ticker value="COREB"/>
          <other otherDesc="SEDOL" value="BYVWKN5"/>
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        <balance>21856978.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>5635604.8600000000</valUSD>
        <pctVal>0.0274908015</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aurubis AG</name>
        <lei>5299005SHIN9ZK7GW242</lei>
        <title>Aurubis AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006766504"/>
          <ticker value="NDA"/>
          <other otherDesc="SEDOL" value="5485527"/>
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        <balance>143660.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>29470603.5200000000</valUSD>
        <pctVal>0.1437592826</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sacyr SA</name>
        <lei>959800XKAB9VNAVN9425</lei>
        <title>Sacyr SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0182870214"/>
          <ticker value="SCYR"/>
          <other otherDesc="SEDOL" value="5504789"/>
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        <balance>4980010.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>24492246.5600000000</valUSD>
        <pctVal>0.1194745738</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Krones AG</name>
        <lei>529900NY2GSZWWUBW049</lei>
        <title>Krones AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006335003"/>
          <ticker value="KRN"/>
          <other otherDesc="SEDOL" value="5523881"/>
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        <balance>74920.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>10485086.8900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</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>Baader Bank AG</name>
        <lei>529900JFOPPEDUR61H13</lei>
        <title>Baader Bank AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005088108"/>
          <ticker value="BWB"/>
          <other otherDesc="SEDOL" value="5527753"/>
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        <balance>7082.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>54871.4700000000</valUSD>
        <pctVal>0.0002676662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Jungheinrich AG</name>
        <lei>529900PHZORTU6FSXE73</lei>
        <title>Jungheinrich AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006219934"/>
          <ticker value="JUN3"/>
          <other otherDesc="SEDOL" value="5545670"/>
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        <balance>1154661.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>35278060.8500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Koenig &amp; Bauer AG</name>
        <lei>529900IQ90WSXBWSTD78</lei>
        <title>Koenig &amp; Bauer AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0007193500"/>
          <ticker value="SKB"/>
          <other otherDesc="SEDOL" value="5558203"/>
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        <balance>14871.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bijou Brigitte AG</name>
        <lei>391200LXVESZEJ1YCI58</lei>
        <title>Bijou Brigitte AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005229504"/>
          <ticker value="BIJ"/>
          <other otherDesc="SEDOL" value="5588169"/>
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        <balance>22461.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>1221397.9900000000</valUSD>
        <pctVal>0.0059580490</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Alten SA</name>
        <lei>969500Y7G9TY7Y24GN07</lei>
        <title>Alten SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000071946"/>
          <ticker value="ATE"/>
          <other otherDesc="SEDOL" value="5608915"/>
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        <balance>177038.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>15759609.0800000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>thyssenkrupp AG</name>
        <lei>549300UDG16DOYUPR330</lei>
        <title>thyssenkrupp AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0007500001"/>
          <ticker value="TKA"/>
          <other otherDesc="SEDOL" value="5636927"/>
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        <balance>394492.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>6604515.4700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Viscofan SA</name>
        <lei>95980020140005684765</lei>
        <title>Viscofan SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0184262212"/>
          <ticker value="VIS"/>
          <other otherDesc="SEDOL" value="5638280"/>
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        <balance>243.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
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        <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>
      <invstOrSec>
        <name>Marimekko Oyj</name>
        <lei>74370053IOY42B9YJ350</lei>
        <title>Marimekko Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009007660"/>
          <ticker value="MEKKO"/>
          <other otherDesc="SEDOL" value="5645837"/>
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        <balance>207906.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Formycon AG</name>
        <lei>39120005TZ76GQOY8Z19</lei>
        <title>Formycon AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A1EWVY8"/>
          <ticker value="FYB"/>
          <other otherDesc="SEDOL" value="B50LF68"/>
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        <balance>71505.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>1595487.1900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nippon Light Metal Holdings Co Ltd</name>
        <lei>353800J9KCFJSF2CGT47</lei>
        <title>Nippon Light Metal Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3700200003"/>
          <ticker value="5703"/>
          <other otherDesc="SEDOL" value="B51WP26"/>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State Street Institutional US Government Money Market Fund</name>
        <lei>549300BZ5TGIFZUZDZ37</lei>
        <title>State Street Institutional US Government Money Market Fund</title>
        <cusip>857492706</cusip>
        <identifiers>
          <isin value="US8574927062"/>
          <ticker value="GVMXX"/>
          <other otherDesc="SEDOL" value="B284MN4"/>
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        <balance>41307170.8400000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>41307170.8400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Maple Leaf Foods Inc</name>
        <lei>549300LX07S5J8F76F37</lei>
        <title>Maple Leaf Foods Inc</title>
        <cusip>564905107</cusip>
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          <isin value="CA5649051078"/>
          <ticker value="MFI"/>
          <other otherDesc="SEDOL" value="2555865"/>
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        <balance>752957.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
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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>Schouw &amp; Co A/S</name>
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        <title>Schouw &amp; Co A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0010253921"/>
          <ticker value="SCHO"/>
          <other otherDesc="SEDOL" value="5690859"/>
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        <balance>178371.0000000000</balance>
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        <currencyConditional curCd="DKK" exchangeRt="6.4354500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Geo Holdings Corp</name>
        <lei>N/A</lei>
        <title>Geo Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3282400005"/>
          <ticker value="2681"/>
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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>Eagle Industry Co Ltd</name>
        <lei>N/A</lei>
        <title>Eagle Industry Co Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="JP3130400009"/>
          <ticker value="6486"/>
          <other otherDesc="SEDOL" value="6296706"/>
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        <balance>375100.0000000000</balance>
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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>San ju San Financial Group Inc</name>
        <lei>N/A</lei>
        <title>San ju San Financial Group Inc</title>
        <cusip>N/A</cusip>
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          <isin value="JP3333500001"/>
          <ticker value="7322"/>
          <other otherDesc="SEDOL" value="BFX06B4"/>
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        <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>Cibus Real Estate AB publ</name>
        <lei>549300PW36MFK96GCR23</lei>
        <title>Cibus Real Estate AB publ</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0010832204"/>
          <ticker value="CIBUS"/>
          <other otherDesc="SEDOL" value="BYWR8Y6"/>
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        <balance>91037.0000000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CTI Engineering Co Ltd</name>
        <lei>N/A</lei>
        <title>CTI Engineering Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3281900005"/>
          <ticker value="9621"/>
          <other otherDesc="SEDOL" value="6222370"/>
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        <balance>102500.0000000000</balance>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Doshisha Co Ltd</name>
        <lei>N/A</lei>
        <title>Doshisha Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3638000004"/>
          <ticker value="7483"/>
          <other otherDesc="SEDOL" value="6235992"/>
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        <balance>338700.0000000000</balance>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KPP Group Holdings Co Ltd</name>
        <lei>3538004R8XRJE52GJZ81</lei>
        <title>KPP Group Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3293350009"/>
          <ticker value="9274"/>
          <other otherDesc="SEDOL" value="BG1VQ94"/>
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        <balance>834500.0000000000</balance>
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        <valUSD>5767575.8500000000</valUSD>
        <pctVal>0.0281345635</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>
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      </invstOrSec>
      <invstOrSec>
        <name>CPI Europe AG</name>
        <lei>5299000DUMZ99SBBX121</lei>
        <title>CPI Europe AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000A21KS2"/>
          <ticker value="CPI"/>
          <other otherDesc="SEDOL" value="BFZ5BQ7"/>
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        <balance>751.0000000000</balance>
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        <valUSD>13412.2800000000</valUSD>
        <pctVal>0.0000654259</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEB SA</name>
        <lei>969500WP61NBK098AC47</lei>
        <title>SEB SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000121709"/>
          <ticker value="SK"/>
          <other otherDesc="SEDOL" value="4792132"/>
        </identifiers>
        <balance>76001.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>5273820.3200000000</valUSD>
        <pctVal>0.0257259959</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Journey Energy Inc</name>
        <lei>984500E9DC596CA9FF58</lei>
        <title>Journey Energy Inc</title>
        <cusip>48113W102</cusip>
        <identifiers>
          <isin value="CA48113W1023"/>
          <ticker value="JOY"/>
          <other otherDesc="SEDOL" value="BNG7ZQ6"/>
        </identifiers>
        <balance>288484.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>1221834.1800000000</valUSD>
        <pctVal>0.0059601767</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SGL Carbon SE</name>
        <lei>52990038IB31TYK07X63</lei>
        <title>SGL Carbon SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0007235301"/>
          <ticker value="SGL"/>
          <other otherDesc="SEDOL" value="4818351"/>
        </identifiers>
        <balance>1281968.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>6125947.4600000000</valUSD>
        <pctVal>0.0298827206</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sogefi SpA</name>
        <lei>5493005HPJ40IY377O47</lei>
        <title>Sogefi SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0000076536"/>
          <ticker value="SGF"/>
          <other otherDesc="SEDOL" value="4820668"/>
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        <balance>278337.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>664821.1700000000</valUSD>
        <pctVal>0.0032430355</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Solvay SA</name>
        <lei>549300MMVL80RTBP3O28</lei>
        <title>Solvay SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003470755"/>
          <ticker value="SOLB"/>
          <other otherDesc="SEDOL" value="4821100"/>
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        <balance>1774971.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>53283226.6700000000</valUSD>
        <pctVal>0.2599186147</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Solar A/S</name>
        <lei>21380031XTLI9X5MTY92</lei>
        <title>Solar A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0010274844"/>
          <ticker value="SOLARB"/>
          <other otherDesc="SEDOL" value="4821672"/>
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        <balance>40157.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.4354500000"/>
        <valUSD>1274841.9800000000</valUSD>
        <pctVal>0.0062187518</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sulzer AG</name>
        <lei>529900NZ6MAST5IJF669</lei>
        <title>Sulzer AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0038388911"/>
          <ticker value="SUN"/>
          <other otherDesc="SEDOL" value="4854719"/>
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        <balance>10254.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>2036204.2400000000</valUSD>
        <pctVal>0.0099327203</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Kelt Exploration Ltd</name>
        <lei>549300OBXGWYN1VOFC24</lei>
        <title>Kelt Exploration Ltd</title>
        <cusip>488295106</cusip>
        <identifiers>
          <isin value="CA4882951060"/>
          <ticker value="KEL"/>
          <other otherDesc="SEDOL" value="B9KF5Q8"/>
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        <balance>2168788.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>16587288.7200000000</valUSD>
        <pctVal>0.0809137392</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>
      <invstOrSec>
        <name>Tessenderlo Group SA</name>
        <lei>549300ZKLIF7RP6EH823</lei>
        <title>Tessenderlo Group SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003555639"/>
          <ticker value="TESB"/>
          <other otherDesc="SEDOL" value="4884006"/>
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        <balance>557313.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>14855831.8700000000</valUSD>
        <pctVal>0.0724675940</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tubacex SA</name>
        <lei>95980020140005703680</lei>
        <title>Tubacex SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0132945017"/>
          <ticker value="TUB"/>
          <other otherDesc="SEDOL" value="4908735"/>
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        <balance>33642.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>110884.0000000000</valUSD>
        <pctVal>0.0005408985</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Keyera Corp</name>
        <lei>254900LXI62FUHZGH122</lei>
        <title>Keyera Corp</title>
        <cusip>493271100</cusip>
        <identifiers>
          <isin value="CA4932711001"/>
          <ticker value="KEY"/>
          <other otherDesc="SEDOL" value="B3SGMV5"/>
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        <balance>10.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>433.7100000000</valUSD>
        <pctVal>0.0000021157</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Indus Holding AG</name>
        <lei>529900GE4O7ZOMRWR939</lei>
        <title>Indus Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006200108"/>
          <ticker value="INH"/>
          <other otherDesc="SEDOL" value="4943510"/>
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        <balance>53591.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>2290526.4600000000</valUSD>
        <pctVal>0.0111733185</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>K92 Mining Inc</name>
        <lei>254900EA8H0X9FEVZU11</lei>
        <title>K92 Mining Inc</title>
        <cusip>499113108</cusip>
        <identifiers>
          <isin value="CA4991131083"/>
          <ticker value="KNT"/>
          <other otherDesc="SEDOL" value="BYZ2CB3"/>
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        <balance>784296.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>16580592.9500000000</valUSD>
        <pctVal>0.0808810768</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>
      <invstOrSec>
        <name>Kolibri Global Energy Inc</name>
        <lei>N/A</lei>
        <title>Kolibri Global Energy Inc</title>
        <cusip>50043K406</cusip>
        <identifiers>
          <isin value="CA50043K4063"/>
          <ticker value="KGEI"/>
          <other otherDesc="SEDOL" value="BPNZT10"/>
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        <balance>1512.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9117.3600000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Koninklijke Heijmans N.V</name>
        <lei>724500OUE3PCA809DZ79</lei>
        <title>Koninklijke Heijmans N.V</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0009269109"/>
          <ticker value="HEIJM"/>
          <other otherDesc="SEDOL" value="5075036"/>
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        <balance>419453.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>43138546.5500000000</valUSD>
        <pctVal>0.2104322872</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Duerr AG</name>
        <lei>5299003APZ54EDTSRO20</lei>
        <title>Duerr AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005565204"/>
          <ticker value="DUE"/>
          <other otherDesc="SEDOL" value="5119901"/>
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        <balance>769418.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sumitomo Heavy Industries Ltd</name>
        <lei>353800VSTEIRMBC3S374</lei>
        <title>Sumitomo Heavy Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3405400007"/>
          <ticker value="6302"/>
          <other otherDesc="SEDOL" value="6858731"/>
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        <balance>858000.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>Sumitomo Rubber Industries Ltd</name>
        <lei>353800JD4V72SJ3EOX37</lei>
        <title>Sumitomo Rubber Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3404200002"/>
          <ticker value="5110"/>
          <other otherDesc="SEDOL" value="6858991"/>
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        <balance>3444700.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sumitomo Warehouse Co Ltd/The</name>
        <lei>N/A</lei>
        <title>Sumitomo Warehouse Co Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3407000003"/>
          <ticker value="9303"/>
          <other otherDesc="SEDOL" value="6859080"/>
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        <balance>69800.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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        <pctVal>0.0089890085</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Sun Hung Kai &amp; Co Ltd</name>
        <lei>N/A</lei>
        <title>Sun Hung Kai &amp; Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0086000525"/>
          <ticker value="86"/>
          <other otherDesc="SEDOL" value="6859789"/>
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        <balance>406000.0000000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>213321.4300000000</valUSD>
        <pctVal>0.0010405941</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TOMONY Holdings Inc</name>
        <lei>N/A</lei>
        <title>TOMONY Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3631700006"/>
          <ticker value="8600"/>
          <other otherDesc="SEDOL" value="B6391L3"/>
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        <balance>3549300.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>24827154.0500000000</valUSD>
        <pctVal>0.1211082716</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Elmos Semiconductor SE</name>
        <lei>529900UMKKDCAP4P4H63</lei>
        <title>Elmos Semiconductor SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005677108"/>
          <ticker value="ELG"/>
          <other otherDesc="SEDOL" value="5695423"/>
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        <balance>96107.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>14619924.9600000000</valUSD>
        <pctVal>0.0713168267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wienerberger AG</name>
        <lei>529900VXIFBHO0SW2I31</lei>
        <title>Wienerberger AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000831706"/>
          <ticker value="WIE"/>
          <other otherDesc="SEDOL" value="5699373"/>
        </identifiers>
        <balance>268421.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>6104781.1700000000</valUSD>
        <pctVal>0.0297794703</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Palfinger AG</name>
        <lei>529900IFAV83BX8O1O91</lei>
        <title>Palfinger AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000758305"/>
          <ticker value="PAL"/>
          <other otherDesc="SEDOL" value="5700350"/>
        </identifiers>
        <balance>13641.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>503015.3500000000</valUSD>
        <pctVal>0.0024537375</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Manitou BF SA</name>
        <lei>9695008SHP3XTT9QCM25</lei>
        <title>Manitou BF SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000038606"/>
          <ticker value="MTU"/>
          <other otherDesc="SEDOL" value="5724048"/>
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        <balance>70499.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>1682579.4300000000</valUSD>
        <pctVal>0.0082077183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mutares SE &amp; Co KGaA</name>
        <lei>391200NWMO6NLQFSCU64</lei>
        <title>Mutares SE &amp; Co KGaA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A2NB650"/>
          <ticker value="MUX"/>
          <other otherDesc="SEDOL" value="BFYG8K4"/>
        </identifiers>
        <balance>498179.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>14647420.5100000000</valUSD>
        <pctVal>0.0714509516</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Instone Real Estate Group SE</name>
        <lei>391200DINUIRPDZQHX03</lei>
        <title>Instone Real Estate Group SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A2NBX80"/>
          <ticker value="INS"/>
          <other otherDesc="SEDOL" value="BFYXP82"/>
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        <balance>46274.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>397480.8500000000</valUSD>
        <pctVal>0.0019389342</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Round One Corp</name>
        <lei>N/A</lei>
        <title>Round One Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3966800009"/>
          <ticker value="4680"/>
          <other otherDesc="SEDOL" value="6248365"/>
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        <balance>3030000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>25516244.5400000000</valUSD>
        <pctVal>0.1244696942</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Dah Sing Financial Holdings Ltd</name>
        <lei>529900J55QMXMR5KMH32</lei>
        <title>Dah Sing Financial Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0440001847"/>
          <ticker value="440"/>
          <other otherDesc="SEDOL" value="6249799"/>
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        <balance>2858000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>16546229.3800000000</valUSD>
        <pctVal>0.0807134494</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Daido Metal Co Ltd</name>
        <lei>3538008B818OTAF32670</lei>
        <title>Daido Metal Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3491800003"/>
          <ticker value="7245"/>
          <other otherDesc="SEDOL" value="6249896"/>
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        <balance>940100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>7162121.7300000000</valUSD>
        <pctVal>0.0349372377</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>Daiichi Jitsugyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Daiichi Jitsugyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3475800003"/>
          <ticker value="8059"/>
          <other otherDesc="SEDOL" value="6250188"/>
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        <balance>64500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1536446.4000000000</valUSD>
        <pctVal>0.0074948731</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>
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      </invstOrSec>
      <invstOrSec>
        <name>and ST HD Co Ltd</name>
        <lei>353800DZZIJ399PIWU03</lei>
        <title>and ST HD Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3856000009"/>
          <ticker value="2685"/>
          <other otherDesc="SEDOL" value="6300016"/>
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        <balance>527900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>11161398.1900000000</valUSD>
        <pctVal>0.0544459361</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Meiko Electronics Co Ltd</name>
        <lei>529900LGRXWX2ACMWR86</lei>
        <title>Meiko Electronics Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3915350007"/>
          <ticker value="6787"/>
          <other otherDesc="SEDOL" value="6302454"/>
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        <balance>83000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>10211385.9800000000</valUSD>
        <pctVal>0.0000000000</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Hagag Group Real Estate Development</name>
        <lei>N/A</lei>
        <title>Hagag Group Real Estate Development</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0008230133"/>
          <ticker value="HGG"/>
          <other otherDesc="SEDOL" value="6303189"/>
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        <balance>24369.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>169153.9800000000</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Summit Real Estate Holdings Ltd</name>
        <lei>254900R2MAR4ZEW3DO03</lei>
        <title>Summit Real Estate Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010816861"/>
          <ticker value="SMT"/>
          <other otherDesc="SEDOL" value="6304977"/>
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        <balance>289942.0000000000</balance>
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        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ehime Bank Ltd/The</name>
        <lei>353800KJ5DZRX27VPX36</lei>
        <title>Ehime Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3166400006"/>
          <ticker value="8541"/>
          <other otherDesc="SEDOL" value="6307028"/>
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        <balance>115400.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Endo Lighting Corp</name>
        <lei>353800VDVBC225J86F59</lei>
        <title>Endo Lighting Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3169600008"/>
          <ticker value="6932"/>
          <other otherDesc="SEDOL" value="6308559"/>
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        <balance>136900.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Denka Co Ltd</name>
        <lei>353800Y94EKQEH8MVD43</lei>
        <title>Denka Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3549600009"/>
          <ticker value="4061"/>
          <other otherDesc="SEDOL" value="6309820"/>
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        <balance>1666900.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>34850339.8100000000</valUSD>
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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>St Barbara Ltd</name>
        <lei>2549001WR6XSXNOD1F93</lei>
        <title>St Barbara Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SBM8"/>
          <ticker value="SBM"/>
          <other otherDesc="SEDOL" value="6317072"/>
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        <balance>21931103.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>12085123.2600000000</valUSD>
        <pctVal>0.0589519196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Suzuki Co Ltd</name>
        <lei>N/A</lei>
        <title>Suzuki Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3397210000"/>
          <ticker value="6785"/>
          <other otherDesc="SEDOL" value="6321868"/>
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        <balance>253400.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4924901.3800000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Access Co Ltd</name>
        <lei>N/A</lei>
        <title>Access Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3108060009"/>
          <ticker value="4813"/>
          <other otherDesc="SEDOL" value="6324306"/>
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        <balance>3100.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>8963.9800000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Yahagi Construction Co Ltd</name>
        <lei>N/A</lei>
        <title>Yahagi Construction Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3933200002"/>
          <ticker value="1870"/>
          <other otherDesc="SEDOL" value="6985037"/>
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        <balance>431500.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>5995225.9000000000</valUSD>
        <pctVal>0.0292450534</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Yamagata Bank Ltd/The</name>
        <lei>353800OXF3M14RULQG45</lei>
        <title>Yamagata Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3934800008"/>
          <ticker value="8344"/>
          <other otherDesc="SEDOL" value="6985242"/>
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        <balance>900.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>25675.1700000000</valUSD>
        <pctVal>0.0001252449</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>
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      <invstOrSec>
        <name>Draegerwerk AG &amp; Co KGaA</name>
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        <title>Draegerwerk AG &amp; Co KGaA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005550636"/>
          <ticker value="DRW3"/>
          <other otherDesc="SEDOL" value="5169218"/>
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        <balance>16490.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
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        <pctVal>0.0105015264</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>RaySearch Laboratories AB</name>
        <lei>549300TYFVYGS0JFWM28</lei>
        <title>RaySearch Laboratories AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000135485"/>
          <ticker value="RAYB"/>
          <other otherDesc="SEDOL" value="7591239"/>
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        <balance>716894.0000000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>13477562.5900000000</valUSD>
        <pctVal>0.0657443180</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Resolute Forest Products Inc</name>
        <lei>N/A</lei>
        <title>Resolute Forest Products Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US761CVR0427"/>
          <ticker value="RFPDMY UN"/>
          <other otherDesc="SEDOL" value="761CVR042"/>
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        <balance>212429.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>156035.9000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Rio2 Ltd</name>
        <lei>2549009N9W290I0XSE73</lei>
        <title>Rio2 Ltd</title>
        <cusip>767217102</cusip>
        <identifiers>
          <isin value="CA7672171021"/>
          <ticker value="RIO"/>
          <other otherDesc="SEDOL" value="BGC0ML4"/>
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        <balance>1220892.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>3047935.5800000000</valUSD>
        <pctVal>0.0148680034</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>
      <invstOrSec>
        <name>Norwegian Air Shuttle ASA</name>
        <lei>549300IEUH2FEM2Y6B51</lei>
        <title>Norwegian Air Shuttle ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010196140"/>
          <ticker value="NAS"/>
          <other otherDesc="SEDOL" value="7742123"/>
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        <balance>17809203.0000000000</balance>
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        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>24607891.8600000000</valUSD>
        <pctVal>0.1200386981</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nisso Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Nisso Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3679880009"/>
          <ticker value="9332"/>
          <other otherDesc="SEDOL" value="BMV4NN8"/>
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        <balance>26400.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>113864.4200000000</valUSD>
        <pctVal>0.0005554371</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>
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      </invstOrSec>
      <invstOrSec>
        <name>NPR-RIKEN CORP</name>
        <lei>N/A</lei>
        <title>NPR-RIKEN CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3970700005"/>
          <ticker value="6209"/>
          <other otherDesc="SEDOL" value="BMV4NK5"/>
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        <balance>313100.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>7768963.5000000000</valUSD>
        <pctVal>0.0378974465</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Schott Pharma AG &amp; Co KGaA</name>
        <lei>529900TU48UE99NHEY88</lei>
        <title>Schott Pharma AG &amp; Co KGaA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A3ENQ51"/>
          <ticker value="1SXP"/>
          <other otherDesc="SEDOL" value="BRJ9MM2"/>
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        <balance>183264.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>4910100.8700000000</valUSD>
        <pctVal>0.0239517517</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Gruvaktiebolaget Viscaria</name>
        <lei>5299004NWV90GIWSWQ04</lei>
        <title>Gruvaktiebolaget Viscaria</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0021148160"/>
          <ticker value="VISC"/>
          <other otherDesc="SEDOL" value="BNDXB92"/>
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        <balance>1318759.0000000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>3219769.1700000000</valUSD>
        <pctVal>0.0157062174</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fintech Global Inc</name>
        <lei>3538007NR94C859THZ19</lei>
        <title>Fintech Global Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3802830004"/>
          <ticker value="8789"/>
          <other otherDesc="SEDOL" value="B08G957"/>
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        <balance>289100.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>299436.7100000000</valUSD>
        <pctVal>0.0014606693</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>
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      <invstOrSec>
        <name>Takamiya Co Ltd</name>
        <lei>N/A</lei>
        <title>Takamiya Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3161560002"/>
          <ticker value="2445"/>
          <other otherDesc="SEDOL" value="B08G979"/>
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        <balance>1600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4017.2300000000</valUSD>
        <pctVal>0.0000195963</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>
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      <invstOrSec>
        <name>Esprinet SpA</name>
        <lei>8156007E3375956ADD08</lei>
        <title>Esprinet SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003850929"/>
          <ticker value="PRT"/>
          <other otherDesc="SEDOL" value="B08QZ48"/>
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        <balance>6022.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>48874.7400000000</valUSD>
        <pctVal>0.0002384138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Opmobility</name>
        <lei>9695001VLC2KYXX0DW73</lei>
        <title>Opmobility</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000124570"/>
          <ticker value="OPM"/>
          <other otherDesc="SEDOL" value="B08V9H4"/>
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        <balance>1671407.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Deoleo SA</name>
        <lei>95980020140005319366</lei>
        <title>Deoleo SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0110047919"/>
          <ticker value="OLE"/>
          <other otherDesc="SEDOL" value="B091DR1"/>
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        <balance>136660.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
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        <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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      <invstOrSec>
        <name>NOS SGPS SA</name>
        <lei>5493004DM8FGIY6QKF37</lei>
        <title>NOS SGPS SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTZON0AM0006"/>
          <ticker value="NOS"/>
          <other otherDesc="SEDOL" value="B0B9GS5"/>
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        <balance>1536372.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
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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>Vaudoise Assurances Holding SA</name>
        <lei>506700F7C0WFE08FR858</lei>
        <title>Vaudoise Assurances Holding SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0021545667"/>
          <ticker value="VAHN"/>
          <other otherDesc="SEDOL" value="B0BV7Y4"/>
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        <balance>3265.0000000000</balance>
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        <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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      <invstOrSec>
        <name>Shufersal Ltd</name>
        <lei>984500F64E05B78E0D41</lei>
        <title>Shufersal Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="IL0007770378"/>
          <ticker value="SAE"/>
          <other otherDesc="SEDOL" value="6860543"/>
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        <balance>2864898.0000000000</balance>
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        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
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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>Suzuden Corp</name>
        <lei>N/A</lei>
        <title>Suzuden Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3398400006"/>
          <ticker value="7480"/>
          <other otherDesc="SEDOL" value="6861234"/>
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        <balance>10400.0000000000</balance>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Orezone Gold Corp</name>
        <lei>529900ZRY6WGGRC9Z698</lei>
        <title>Orezone Gold Corp</title>
        <cusip>68616T109</cusip>
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          <isin value="CA68616T1093"/>
          <ticker value="ORE"/>
          <other otherDesc="SEDOL" value="B5BVW11"/>
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        <balance>6566711.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
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        <pctVal>0.0621726656</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>LEC Inc</name>
        <lei>353800QEG7G3CQSZEA52</lei>
        <title>LEC Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3410800001"/>
          <ticker value="7874"/>
          <other otherDesc="SEDOL" value="6865270"/>
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        <balance>15400.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Anglo Asian Mining PLC</name>
        <lei>213800F9JM669WH34359</lei>
        <title>Anglo Asian Mining PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B0C18177"/>
          <ticker value="AAZ"/>
          <other otherDesc="SEDOL" value="B0C1817"/>
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        <balance>646730.0000000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AZ</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Miraial Co Ltd</name>
        <lei>N/A</lei>
        <title>Miraial Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3910570005"/>
          <ticker value="4238"/>
          <other otherDesc="SEDOL" value="B0C3TN2"/>
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        <balance>7200.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>85658.8200000000</valUSD>
        <pctVal>0.0004178486</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>Martinrea International Inc</name>
        <lei>5493004U3PUN21MLJG41</lei>
        <title>Martinrea International Inc</title>
        <cusip>573459104</cusip>
        <identifiers>
          <isin value="CA5734591046"/>
          <ticker value="MRE"/>
          <other otherDesc="SEDOL" value="2107620"/>
        </identifiers>
        <balance>1679625.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>12421917.2800000000</valUSD>
        <pctVal>0.0605948200</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAG Immobilien AG</name>
        <lei>529900TAE68USJNXLR59</lei>
        <title>TAG Immobilien AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0008303504"/>
          <ticker value="TEG"/>
          <other otherDesc="SEDOL" value="5735631"/>
        </identifiers>
        <balance>453673.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>6646511.0900000000</valUSD>
        <pctVal>0.0324220597</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daishi Hokuetsu Financial Group Inc</name>
        <lei>N/A</lei>
        <title>Daishi Hokuetsu Financial Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3483850008"/>
          <ticker value="7327"/>
          <other otherDesc="SEDOL" value="BFYGQ44"/>
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        <balance>1786700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>28983847.4200000000</valUSD>
        <pctVal>0.1413848586</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Bookoff Group Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Bookoff Group Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3829940000"/>
          <ticker value="9278"/>
          <other otherDesc="SEDOL" value="BF5K6Q7"/>
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        <balance>99500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1928607.0400000000</valUSD>
        <pctVal>0.0094078550</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Texwinca Holdings Ltd</name>
        <lei>529900NO1K2L86ZO5V14</lei>
        <title>Texwinca Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG8770Z1068"/>
          <ticker value="321"/>
          <other otherDesc="SEDOL" value="6039558"/>
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        <balance>388000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>48211.1600000000</valUSD>
        <pctVal>0.0002351768</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Happinet Corp</name>
        <lei>N/A</lei>
        <title>Happinet Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3770300006"/>
          <ticker value="7552"/>
          <other otherDesc="SEDOL" value="6042675"/>
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        <balance>350800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>8367863.3000000000</valUSD>
        <pctVal>0.0408189138</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Coronado Global Resources Inc</name>
        <lei>N/A</lei>
        <title>Coronado Global Resources Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000026122"/>
          <ticker value="CRN"/>
          <other otherDesc="SEDOL" value="BGV71W0"/>
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        <balance>7862789.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>1266933.8300000000</valUSD>
        <pctVal>0.0061801754</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SkiStar AB</name>
        <lei>529900CD7HSJ1CZS7089</lei>
        <title>SkiStar AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0012141687"/>
          <ticker value="SKISB"/>
          <other otherDesc="SEDOL" value="BGSCRG4"/>
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        <balance>1270543.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>21529698.9300000000</valUSD>
        <pctVal>0.1050230977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Melia Hotels International SA</name>
        <lei>959800JRKSZ6YZD4EL80</lei>
        <title>Melia Hotels International SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0176252718"/>
          <ticker value="MEL"/>
          <other otherDesc="SEDOL" value="5738298"/>
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        <balance>2466897.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>28643460.5300000000</valUSD>
        <pctVal>0.1397244320</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STO SE &amp; Co KGaA</name>
        <lei>5299006NYTD89XM31K74</lei>
        <title>STO SE &amp; Co KGaA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0007274136"/>
          <ticker value="STO3"/>
          <other otherDesc="SEDOL" value="5740389"/>
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        <balance>10361.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>1243368.1600000000</valUSD>
        <pctVal>0.0060652207</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ichiken Co Ltd</name>
        <lei>N/A</lei>
        <title>Ichiken Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3141400006"/>
          <ticker value="1847"/>
          <other otherDesc="SEDOL" value="6250230"/>
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        <balance>27100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>588480.7400000000</valUSD>
        <pctVal>0.0028706426</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Daihatsu Infinearth Mfg Co Ltd</name>
        <lei>N/A</lei>
        <title>Daihatsu Infinearth Mfg Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3497000004"/>
          <ticker value="6023"/>
          <other otherDesc="SEDOL" value="6250337"/>
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        <balance>173000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3358791.7000000000</valUSD>
        <pctVal>0.0163843772</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Daiho Corp</name>
        <lei>N/A</lei>
        <title>Daiho Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3498600000"/>
          <ticker value="1822"/>
          <other otherDesc="SEDOL" value="6250360"/>
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        <balance>55600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>288717.6900000000</valUSD>
        <pctVal>0.0014083813</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Exedy Corp</name>
        <lei>35380047PHY08BBD5M18</lei>
        <title>Exedy Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3161160001"/>
          <ticker value="7278"/>
          <other otherDesc="SEDOL" value="6250412"/>
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        <balance>465800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>18040104.1300000000</valUSD>
        <pctVal>0.0880006555</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Daiki Aluminium Industry Co Ltd</name>
        <lei>353800ETXWM22FC94B33</lei>
        <title>Daiki Aluminium Industry Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3480600000"/>
          <ticker value="5702"/>
          <other otherDesc="SEDOL" value="6250490"/>
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        <balance>129600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1538635.3800000000</valUSD>
        <pctVal>0.0075055510</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Daicel Corp</name>
        <lei>353800ZG4XF6D7NZGS72</lei>
        <title>Daicel Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3485800001"/>
          <ticker value="4202"/>
          <other otherDesc="SEDOL" value="6250542"/>
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        <balance>5363900.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>49668491.6400000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Daido Steel Co Ltd</name>
        <lei>353800WZKGRNG0T2FR92</lei>
        <title>Daido Steel Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3491000000"/>
          <ticker value="5471"/>
          <other otherDesc="SEDOL" value="6250627"/>
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        <balance>3879400.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>55173678.3700000000</valUSD>
        <pctVal>0.2691403457</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>
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      </invstOrSec>
      <invstOrSec>
        <name>DKS Co Ltd</name>
        <lei>N/A</lei>
        <title>DKS Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3475000000"/>
          <ticker value="4461"/>
          <other otherDesc="SEDOL" value="6250683"/>
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        <balance>68300.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>5811737.5300000000</valUSD>
        <pctVal>0.0283499867</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>
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      </invstOrSec>
      <invstOrSec>
        <name>DIC Corp</name>
        <lei>549300F1YB9ARLPUKB67</lei>
        <title>DIC Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3493400000"/>
          <ticker value="4631"/>
          <other otherDesc="SEDOL" value="6250821"/>
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        <balance>2502500.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>78563788.6100000000</valUSD>
        <pctVal>0.3832386358</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>Dai Nippon Toryo Co Ltd</name>
        <lei>N/A</lei>
        <title>Dai Nippon Toryo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3495400008"/>
          <ticker value="4611"/>
          <other otherDesc="SEDOL" value="6250887"/>
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        <balance>46100.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>463903.7000000000</valUSD>
        <pctVal>0.0022629487</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Dainichiseika Color &amp; Chemicals Manufacturing Co Ltd</name>
        <lei>N/A</lei>
        <title>Dainichiseika Color &amp; Chemicals Manufacturing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3492200005"/>
          <ticker value="4116"/>
          <other otherDesc="SEDOL" value="6250962"/>
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        <balance>102600.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>887918.5300000000</valUSD>
        <pctVal>0.0043313172</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>Daisue Construction Co Ltd</name>
        <lei>N/A</lei>
        <title>Daisue Construction Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3485400000"/>
          <ticker value="1814"/>
          <other otherDesc="SEDOL" value="6251084"/>
        </identifiers>
        <balance>51000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1164974.7900000000</valUSD>
        <pctVal>0.0056828134</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daiwabo Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Daiwabo Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3505400006"/>
          <ticker value="3107"/>
          <other otherDesc="SEDOL" value="6251426"/>
        </identifiers>
        <balance>1303600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>30951573.4200000000</valUSD>
        <pctVal>0.1509835381</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>GLOBERIDE Inc</name>
        <lei>N/A</lei>
        <title>GLOBERIDE Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3503800009"/>
          <ticker value="7990"/>
          <other otherDesc="SEDOL" value="6251482"/>
        </identifiers>
        <balance>74100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1155741.5000000000</valUSD>
        <pctVal>0.0056377729</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Mullen Group Ltd</name>
        <lei>549300KLU7H5NA3I5P62</lei>
        <title>Mullen Group Ltd</title>
        <cusip>625284104</cusip>
        <identifiers>
          <isin value="CA6252841045"/>
          <ticker value="MTL"/>
          <other otherDesc="SEDOL" value="B4MMW16"/>
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        <balance>717658.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>13385374.1500000000</valUSD>
        <pctVal>0.0652946175</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daiichikosho Co Ltd</name>
        <lei>N/A</lei>
        <title>Daiichikosho Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3475200006"/>
          <ticker value="7458"/>
          <other otherDesc="SEDOL" value="6253132"/>
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        <balance>1100400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>13082189.3200000000</valUSD>
        <pctVal>0.0638156647</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Delta Galil Ltd</name>
        <lei>213800THWVY4MIDWYH93</lei>
        <title>Delta Galil Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0006270347"/>
          <ticker value="DELG"/>
          <other otherDesc="SEDOL" value="6262020"/>
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        <balance>82675.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>5016135.6200000000</valUSD>
        <pctVal>0.0244689953</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Delek Automotive Systems Ltd</name>
        <lei>N/A</lei>
        <title>Delek Automotive Systems Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0008290103"/>
          <ticker value="DLEA"/>
          <other otherDesc="SEDOL" value="6266301"/>
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        <balance>144143.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>940446.3100000000</valUSD>
        <pctVal>0.0045875507</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Allied Telesis Holdings KK</name>
        <lei>N/A</lei>
        <title>Allied Telesis Holdings KK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3124900006"/>
          <ticker value="6835"/>
          <other otherDesc="SEDOL" value="6269162"/>
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        <balance>970700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1601692.3400000000</valUSD>
        <pctVal>0.0078131465</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>Dowa Holdings Co Ltd</name>
        <lei>353800ZSQZKFE140A689</lei>
        <title>Dowa Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3638600001"/>
          <ticker value="5714"/>
          <other otherDesc="SEDOL" value="6278306"/>
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        <balance>459900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>28576514.3700000000</valUSD>
        <pctVal>0.1393978648</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>Aeon Kyushu Co Ltd</name>
        <lei>N/A</lei>
        <title>Aeon Kyushu Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3245400001"/>
          <ticker value="2653"/>
          <other otherDesc="SEDOL" value="6279848"/>
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        <balance>13700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>239927.0900000000</valUSD>
        <pctVal>0.0011703780</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Giordano International Ltd</name>
        <lei>5299002Q4JRP5LUE6V15</lei>
        <title>Giordano International Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG6901M1010"/>
          <ticker value="709"/>
          <other otherDesc="SEDOL" value="6282040"/>
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        <balance>108000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>19152.2400000000</valUSD>
        <pctVal>0.0000934257</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Credit Corp Group Ltd</name>
        <lei>549300JCSY6XG1L4WB90</lei>
        <title>Credit Corp Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CCP3"/>
          <ticker value="CCP"/>
          <other otherDesc="SEDOL" value="6287658"/>
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        <balance>923401.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>9256201.0800000000</valUSD>
        <pctVal>0.0451522761</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hong Fok Corp Ltd</name>
        <lei>254900AL3H0NQC2CPU32</lei>
        <title>Hong Fok Corp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1J14885763"/>
          <ticker value="HFC"/>
          <other otherDesc="SEDOL" value="6287915"/>
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        <balance>100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>68.3400000000</valUSD>
        <pctVal>0.0000003334</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Cawachi Ltd</name>
        <lei>N/A</lei>
        <title>Cawachi Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3226450009"/>
          <ticker value="2664"/>
          <other otherDesc="SEDOL" value="6289784"/>
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        <balance>136200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3172292.5200000000</valUSD>
        <pctVal>0.0154746236</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>
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      </invstOrSec>
      <invstOrSec>
        <name>GWA Group Ltd</name>
        <lei>N/A</lei>
        <title>GWA Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000GWA4"/>
          <ticker value="GWA"/>
          <other otherDesc="SEDOL" value="6392949"/>
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        <balance>1737352.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>2550319.2300000000</valUSD>
        <pctVal>0.0124406025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Gunma Bank Ltd/The</name>
        <lei>54930054A69VC4I5BP89</lei>
        <title>Gunma Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3276400003"/>
          <ticker value="8334"/>
          <other otherDesc="SEDOL" value="6398088"/>
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        <balance>1288400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>22803136.2200000000</valUSD>
        <pctVal>0.1112349973</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>
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      </invstOrSec>
      <invstOrSec>
        <name>GSI Creos Corp</name>
        <lei>N/A</lei>
        <title>GSI Creos Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3276000001"/>
          <ticker value="8101"/>
          <other otherDesc="SEDOL" value="6398754"/>
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        <balance>61700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1048866.8300000000</valUSD>
        <pctVal>0.0051164321</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>
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      </invstOrSec>
      <invstOrSec>
        <name>HIS Co Ltd</name>
        <lei>353800XDWLF35XVQNM38</lei>
        <title>HIS Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3160740001"/>
          <ticker value="9603"/>
          <other otherDesc="SEDOL" value="6400433"/>
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        <balance>160100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1175908.0700000000</valUSD>
        <pctVal>0.0057361465</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Helios Techno Holding Co Ltd</name>
        <lei>N/A</lei>
        <title>Helios Techno Holding Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3802700009"/>
          <ticker value="6927"/>
          <other otherDesc="SEDOL" value="6403948"/>
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        <balance>2700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>16733.6100000000</valUSD>
        <pctVal>0.0000816275</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Hang Lung Group Ltd</name>
        <lei>529900V2T2EPOQYH0981</lei>
        <title>Hang Lung Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0010000088"/>
          <ticker value="10"/>
          <other otherDesc="SEDOL" value="6408352"/>
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        <balance>13513000.0000000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>21322081.2400000000</valUSD>
        <pctVal>0.1040103268</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>H2O Retailing Corp</name>
        <lei>N/A</lei>
        <title>H2O Retailing Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3774600005"/>
          <ticker value="8242"/>
          <other otherDesc="SEDOL" value="6408705"/>
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        <balance>2748800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>52333608.1700000000</valUSD>
        <pctVal>0.2552863215</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>Hanwa Co Ltd</name>
        <lei>8EUP1TJYZFX3T1E5AJ33</lei>
        <title>Hanwa Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3777800008"/>
          <ticker value="8078"/>
          <other otherDesc="SEDOL" value="6408824"/>
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        <balance>1956100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>22869816.6200000000</valUSD>
        <pctVal>0.1115602681</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>Axial Retailing Inc</name>
        <lei>N/A</lei>
        <title>Axial Retailing Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3772400002"/>
          <ticker value="8255"/>
          <other otherDesc="SEDOL" value="6408976"/>
        </identifiers>
        <balance>1261500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>10158558.0200000000</valUSD>
        <pctVal>0.0495540246</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>Resolute Mining Ltd</name>
        <lei>254900MP8JONT590XY28</lei>
        <title>Resolute Mining Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000RSG6"/>
          <ticker value="RSG"/>
          <other otherDesc="SEDOL" value="6410636"/>
        </identifiers>
        <balance>72807522.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>71472027.7800000000</valUSD>
        <pctVal>0.3486446225</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Harel Insurance Investments &amp; Financial Services Ltd</name>
        <lei>213800BDNN3W11SXXD60</lei>
        <title>Harel Insurance Investments &amp; Financial Services Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0005850180"/>
          <ticker value="HARL"/>
          <other otherDesc="SEDOL" value="6410700"/>
        </identifiers>
        <balance>1387311.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>89741864.6900000000</valUSD>
        <pctVal>0.4377659276</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>Financial Partners Group Co Ltd</name>
        <lei>N/A</lei>
        <title>Financial Partners Group Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3166990006"/>
          <ticker value="7148"/>
          <other otherDesc="SEDOL" value="B54LCZ2"/>
        </identifiers>
        <balance>136300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1470786.1700000000</valUSD>
        <pctVal>0.0071745787</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>CE Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>CE Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3346350006"/>
          <ticker value="4320"/>
          <other otherDesc="SEDOL" value="6410885"/>
        </identifiers>
        <balance>11200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>115530.9300000000</valUSD>
        <pctVal>0.0005635665</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>Seiko Group Corp</name>
        <lei>529900UXKCNCMYX20S74</lei>
        <title>Seiko Group Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3414700009"/>
          <ticker value="8050"/>
          <other otherDesc="SEDOL" value="6414809"/>
        </identifiers>
        <balance>875500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>64312913.0000000000</valUSD>
        <pctVal>0.3137220528</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>Wallenius Wilhelmsen ASA</name>
        <lei>549300NBN0URT3RA3Y54</lei>
        <title>Wallenius Wilhelmsen ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010571680"/>
          <ticker value="WAWI"/>
          <other otherDesc="SEDOL" value="B55WMQ5"/>
        </identifiers>
        <balance>735218.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>12801267.0000000000</valUSD>
        <pctVal>0.0624453096</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sesa SpA</name>
        <lei>81560005C031D4E76707</lei>
        <title>Sesa SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0004729759"/>
          <ticker value="SES"/>
          <other otherDesc="SEDOL" value="B56RD66"/>
        </identifiers>
        <balance>73022.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>8073226.8500000000</valUSD>
        <pctVal>0.0393816604</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hutchison Port Holdings Trust</name>
        <lei>529900E8LS83XV4W6889</lei>
        <title>Hutchison Port Holdings Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2D00968206"/>
          <ticker value="HPHT"/>
          <other otherDesc="SEDOL" value="B56ZM74"/>
        </identifiers>
        <balance>104178900.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21353132.4200000000</valUSD>
        <pctVal>0.1041617962</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>APERAM SA</name>
        <lei>5493001136GE6L4R7M63</lei>
        <title>APERAM SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="LU0569974404"/>
          <ticker value="APAM"/>
          <other otherDesc="SEDOL" value="B58C6H1"/>
        </identifiers>
        <balance>252875.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>13804942.5900000000</valUSD>
        <pctVal>0.0673412963</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nihon House Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Nihon House Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3783500006"/>
          <ticker value="1873"/>
          <other otherDesc="SEDOL" value="6425511"/>
        </identifiers>
        <balance>4800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>9873.6000000000</valUSD>
        <pctVal>0.0000481640</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>Kantra Copper Ltd</name>
        <lei>N/A</lei>
        <title>Hillgrove Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000HGO6"/>
          <ticker value="HGO"/>
          <other otherDesc="SEDOL" value="6426150"/>
        </identifiers>
        <balance>702865.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>553973.7400000000</valUSD>
        <pctVal>0.0027023155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Victory Supermarket Chain Ltd</name>
        <lei>N/A</lei>
        <title>Victory Supermarket Chain Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011237778"/>
          <ticker value="VCTR"/>
          <other otherDesc="SEDOL" value="B58XVL3"/>
        </identifiers>
        <balance>1418.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>19207.8500000000</valUSD>
        <pctVal>0.0000936970</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>Byggmax Group AB</name>
        <lei>549300MPJPYQB0KCNH03</lei>
        <title>Byggmax Group AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0003303627"/>
          <ticker value="BMAX"/>
          <other otherDesc="SEDOL" value="B5BLGL9"/>
        </identifiers>
        <balance>952918.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>5086460.0100000000</valUSD>
        <pctVal>0.0248120416</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yamaichi Electronics Co Ltd</name>
        <lei>N/A</lei>
        <title>Yamaichi Electronics Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3934200001"/>
          <ticker value="6941"/>
          <other otherDesc="SEDOL" value="6985673"/>
        </identifiers>
        <balance>310500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>15544284.2400000000</valUSD>
        <pctVal>0.0758259039</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>Unipres Corp</name>
        <lei>N/A</lei>
        <title>Unipres Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3952550006"/>
          <ticker value="5949"/>
          <other otherDesc="SEDOL" value="6985695"/>
        </identifiers>
        <balance>1218900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>10193236.8700000000</valUSD>
        <pctVal>0.0497231900</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>Panoro Energy ASA</name>
        <lei>5967007LIEEXZXGWM030</lei>
        <title>Panoro Energy ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010564701"/>
          <ticker value="PEN"/>
          <other otherDesc="SEDOL" value="B5BR907"/>
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        <balance>34049.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>111725.4000000000</valUSD>
        <pctVal>0.0005450029</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Southern Cross Media Group Ltd</name>
        <lei>529900LIF6IT4VHV0617</lei>
        <title>Southern Cross Media Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SXL4"/>
          <ticker value="SXL"/>
          <other otherDesc="SEDOL" value="B5M7371"/>
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        <balance>118167.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>50777.3500000000</valUSD>
        <pctVal>0.0002476948</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Salvatore Ferragamo SpA</name>
        <lei>5493005GRP0FEE3NRI35</lei>
        <title>Salvatore Ferragamo SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0004712375"/>
          <ticker value="SFER"/>
          <other otherDesc="SEDOL" value="B5VZ053"/>
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        <balance>523627.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>5814062.5200000000</valUSD>
        <pctVal>0.0283613281</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vital KSK Holdings Inc</name>
        <lei>353800RLGNMAZY8D4488</lei>
        <title>Vital KSK Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3778280002"/>
          <ticker value="3151"/>
          <other otherDesc="SEDOL" value="B60DQY6"/>
        </identifiers>
        <balance>238800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2479796.0700000000</valUSD>
        <pctVal>0.0120965865</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>ARE Holdings Inc</name>
        <lei>353800W25FCOFE32EM73</lei>
        <title>ARE Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3116700000"/>
          <ticker value="5857"/>
          <other otherDesc="SEDOL" value="B60DQZ7"/>
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        <balance>1518100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>37335135.0600000000</valUSD>
        <pctVal>0.1821229154</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>Inchcape PLC</name>
        <lei>213800RGEH1MPPNM2T57</lei>
        <title>Inchcape PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B61TVQ02"/>
          <ticker value="INCH"/>
          <other otherDesc="SEDOL" value="B61TVQ0"/>
        </identifiers>
        <balance>2368669.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>27122267.3600000000</valUSD>
        <pctVal>0.1323039650</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daito Pharmaceutical Co Ltd</name>
        <lei>N/A</lei>
        <title>Daito Pharmaceutical Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3486150000"/>
          <ticker value="4577"/>
          <other otherDesc="SEDOL" value="B6293R4"/>
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        <balance>197100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1642937.2000000000</valUSD>
        <pctVal>0.0080143412</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>Tesmec SpA</name>
        <lei>81560069957E4ACDD336</lei>
        <title>Tesmec SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0004585243"/>
          <ticker value="TES"/>
          <other otherDesc="SEDOL" value="B62QZS0"/>
        </identifiers>
        <balance>6101766.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>2825922.1100000000</valUSD>
        <pctVal>0.0137850090</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EnQuest PLC</name>
        <lei>2138008LJU6WFQWOXJ73</lei>
        <title>EnQuest PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B635TG28"/>
          <ticker value="ENQ"/>
          <other otherDesc="SEDOL" value="B635TG2"/>
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        <balance>44227429.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>15462014.2200000000</valUSD>
        <pctVal>0.0754245861</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Air New Zealand Ltd</name>
        <lei>2549005EEIR2FNT5R792</lei>
        <title>Air New Zealand Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZAIRE0001S2"/>
          <ticker value="AIR"/>
          <other otherDesc="SEDOL" value="6426484"/>
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        <balance>59445165.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.6901880000"/>
        <valUSD>13728265.8100000000</valUSD>
        <pctVal>0.0669672626</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hirano Tecseed Co Ltd/Kinzoku</name>
        <lei>N/A</lei>
        <title>Hirano Tecseed Co Ltd/Kinzoku</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3795800006"/>
          <ticker value="6245"/>
          <other otherDesc="SEDOL" value="6428640"/>
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        <balance>100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1160.6800000000</valUSD>
        <pctVal>0.0000056619</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>
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      </invstOrSec>
      <invstOrSec>
        <name>H-One Co Ltd</name>
        <lei>254900OQI60DNXO61842</lei>
        <title>H-One Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3795200009"/>
          <ticker value="5989"/>
          <other otherDesc="SEDOL" value="6428662"/>
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        <balance>304600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2862940.0000000000</valUSD>
        <pctVal>0.0139655844</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Kanadevia Corp</name>
        <lei>5493006MPD0OCAMCE046</lei>
        <title>Kanadevia Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3789000001"/>
          <ticker value="7004"/>
          <other otherDesc="SEDOL" value="6429308"/>
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        <balance>5042400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>37235415.6600000000</valUSD>
        <pctVal>0.1816364785</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>Japan Transcity Corp</name>
        <lei>N/A</lei>
        <title>Japan Transcity Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3739600009"/>
          <ticker value="9310"/>
          <other otherDesc="SEDOL" value="6986386"/>
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        <balance>205600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1843447.8900000000</valUSD>
        <pctVal>0.0089924438</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>Yokogawa Bridge Holdings Corp</name>
        <lei>N/A</lei>
        <title>Yokogawa Bridge Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3955200005"/>
          <ticker value="5911"/>
          <other otherDesc="SEDOL" value="6986405"/>
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        <balance>401300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>7435637.8800000000</valUSD>
        <pctVal>0.0362714651</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Yokorei Co Ltd</name>
        <lei>N/A</lei>
        <title>Yokorei Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3957000007"/>
          <ticker value="2874"/>
          <other otherDesc="SEDOL" value="6986483"/>
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        <balance>965700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>13278097.3100000000</valUSD>
        <pctVal>0.0647713150</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>Yokowo Co Ltd</name>
        <lei>N/A</lei>
        <title>Yokowo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3954200006"/>
          <ticker value="6800"/>
          <other otherDesc="SEDOL" value="6986728"/>
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        <balance>168300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4203017.7700000000</valUSD>
        <pctVal>0.0205025601</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Maxell Ltd</name>
        <lei>N/A</lei>
        <title>Maxell Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3791800000"/>
          <ticker value="6810"/>
          <other otherDesc="SEDOL" value="6429386"/>
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        <balance>114600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1876779.6400000000</valUSD>
        <pctVal>0.0091550380</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Miyazaki Bank Ltd/The</name>
        <lei>353800S4OVI1UXARXE24</lei>
        <title>Miyazaki Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3908000007"/>
          <ticker value="8393"/>
          <other otherDesc="SEDOL" value="6429687"/>
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        <balance>1356100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>22379276.0300000000</valUSD>
        <pctVal>0.1091673832</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Yorozu Corp</name>
        <lei>N/A</lei>
        <title>Yorozu Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3961400003"/>
          <ticker value="7294"/>
          <other otherDesc="SEDOL" value="6986977"/>
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        <balance>600.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3439.4800000000</valUSD>
        <pctVal>0.0000167780</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Yuasa Co Ltd</name>
        <lei>N/A</lei>
        <title>Yuasa Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3945200008"/>
          <ticker value="8074"/>
          <other otherDesc="SEDOL" value="6988520"/>
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        <balance>346300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>13948299.0400000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Zenrin Co Ltd</name>
        <lei>353800AOWZ4V1DJ17N16</lei>
        <title>Zenrin Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3430400006"/>
          <ticker value="9474"/>
          <other otherDesc="SEDOL" value="6991120"/>
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        <balance>324700.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1900477.6200000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Paramount Resources Ltd</name>
        <lei>549300JSO4G6XV6Y5V84</lei>
        <title>Paramount Resources Ltd</title>
        <cusip>699320206</cusip>
        <identifiers>
          <isin value="CA6993202069"/>
          <ticker value="POU"/>
          <other otherDesc="SEDOL" value="B073FP1"/>
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        <balance>452972.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>10327872.7200000000</valUSD>
        <pctVal>0.0503799514</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>
      <invstOrSec>
        <name>Hochiki Corp</name>
        <lei>N/A</lei>
        <title>Hochiki Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3837400005"/>
          <ticker value="6745"/>
          <other otherDesc="SEDOL" value="6430065"/>
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        <balance>171300.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2073919.8700000000</valUSD>
        <pctVal>0.0101166993</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Hodogaya Chemical Co Ltd</name>
        <lei>N/A</lei>
        <title>Hodogaya Chemical Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3852600000"/>
          <ticker value="4112"/>
          <other otherDesc="SEDOL" value="6430203"/>
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        <balance>43900.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>598611.4400000000</valUSD>
        <pctVal>0.0029200607</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Hokko Chemical Industry Co Ltd</name>
        <lei>N/A</lei>
        <title>Hokko Chemical Industry Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3851000004"/>
          <ticker value="4992"/>
          <other otherDesc="SEDOL" value="6432306"/>
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        <balance>137300.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1731724.6000000000</valUSD>
        <pctVal>0.0084474512</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>Hokuto Corp</name>
        <lei>N/A</lei>
        <title>Hokuto Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3843250006"/>
          <ticker value="1379"/>
          <other otherDesc="SEDOL" value="6432715"/>
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        <balance>289000.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3938059.7600000000</valUSD>
        <pctVal>0.0192100798</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>Airman Corp</name>
        <lei>N/A</lei>
        <title>Airman Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3841400009"/>
          <ticker value="6364"/>
          <other otherDesc="SEDOL" value="6433149"/>
        </identifiers>
        <balance>73200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1197353.4600000000</valUSD>
        <pctVal>0.0058407584</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>Hokuriku Electric Industry Co Ltd</name>
        <lei>N/A</lei>
        <title>Hokuriku Electric Industry Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3844600001"/>
          <ticker value="6989"/>
          <other otherDesc="SEDOL" value="6433183"/>
        </identifiers>
        <balance>1200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>18466.4400000000</valUSD>
        <pctVal>0.0000900803</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>Parex Resources Inc</name>
        <lei>549300U7LWRGTY6XWK67</lei>
        <title>Parex Resources Inc</title>
        <cusip>69946Q104</cusip>
        <identifiers>
          <isin value="CA69946Q1046"/>
          <ticker value="PXT"/>
          <other otherDesc="SEDOL" value="B575D14"/>
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        <balance>2043659.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>42054298.2600000000</valUSD>
        <pctVal>0.2051432623</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>
      <invstOrSec>
        <name>Navigator Co SA/The</name>
        <lei>549300UNIB7M2AXUXS35</lei>
        <title>Navigator Co SA/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTPTI0AM0006"/>
          <ticker value="NVG"/>
          <other otherDesc="SEDOL" value="7018556"/>
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        <balance>5409.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>20382.0900000000</valUSD>
        <pctVal>0.0000994250</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Pason Systems Inc</name>
        <lei>984500DC6T2FLR969F65</lei>
        <title>Pason Systems Inc</title>
        <cusip>702925108</cusip>
        <identifiers>
          <isin value="CA7029251088"/>
          <ticker value="PSI"/>
          <other otherDesc="SEDOL" value="2569565"/>
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        <balance>54804.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>586020.6200000000</valUSD>
        <pctVal>0.0028586420</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>
      <invstOrSec>
        <name>Suominen Oyj</name>
        <lei>743700Z1BNFYR9PRDF52</lei>
        <title>Suominen Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009010862"/>
          <ticker value="SUY1V"/>
          <other otherDesc="SEDOL" value="7051197"/>
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        <balance>68046.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>54736.7400000000</valUSD>
        <pctVal>0.0002670089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Horiba Ltd</name>
        <lei>529900OOTWPYSNW0EC84</lei>
        <title>Horiba Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3853000002"/>
          <ticker value="6856"/>
          <other otherDesc="SEDOL" value="6437947"/>
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        <balance>9600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1398526.3400000000</valUSD>
        <pctVal>0.0068220911</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Hosiden Corp</name>
        <lei>353800IQGIGW1XT2JX97</lei>
        <title>Hosiden Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3845800006"/>
          <ticker value="6804"/>
          <other otherDesc="SEDOL" value="6439813"/>
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        <balance>558800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>9448456.4700000000</valUSD>
        <pctVal>0.0460901088</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>Basler Kantonalbank</name>
        <lei>HV5W8PGLJ127N2SFSM23</lei>
        <title>Basler Kantonalbank</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0009236461"/>
          <ticker value="BSKP"/>
          <other otherDesc="SEDOL" value="7097384"/>
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        <balance>38.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>4556.0300000000</valUSD>
        <pctVal>0.0000222246</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Studsvik AB</name>
        <lei>549300MLJ046XFQNVH42</lei>
        <title>Studsvik AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000653230"/>
          <ticker value="SVIK"/>
          <other otherDesc="SEDOL" value="7103269"/>
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        <balance>438.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>9998.3300000000</valUSD>
        <pctVal>0.0000487724</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NKT A/S</name>
        <lei>529900197LKWCEQ0NL18</lei>
        <title>NKT A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0010287663"/>
          <ticker value="NKT"/>
          <other otherDesc="SEDOL" value="7106354"/>
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        <balance>514752.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.4354500000"/>
        <valUSD>73147499.4000000000</valUSD>
        <pctVal>0.3568176685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Clariant AG</name>
        <lei>529900VSEKBY7TMPP349</lei>
        <title>Clariant AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0012142631"/>
          <ticker value="CLN"/>
          <other otherDesc="SEDOL" value="7113990"/>
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        <balance>3463074.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>46500770.4700000000</valUSD>
        <pctVal>0.2268334070</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Howa Machinery Ltd</name>
        <lei>N/A</lei>
        <title>Howa Machinery Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3840600005"/>
          <ticker value="6203"/>
          <other otherDesc="SEDOL" value="6441283"/>
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        <balance>173500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1679217.2300000000</valUSD>
        <pctVal>0.0081913173</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Air Water Inc</name>
        <lei>N/A</lei>
        <title>Air Water Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3160670000"/>
          <ticker value="4088"/>
          <other otherDesc="SEDOL" value="6441465"/>
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        <balance>2544800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>41702223.0200000000</valUSD>
        <pctVal>0.2034258192</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Dream International Ltd</name>
        <lei>984500F7E5EE7MCF8192</lei>
        <title>Dream International Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK1126010854"/>
          <ticker value="1126"/>
          <other otherDesc="SEDOL" value="6444497"/>
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        <balance>2224500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>1970838.9700000000</valUSD>
        <pctVal>0.0096138648</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tuan Sing Holdings Ltd</name>
        <lei>8755001UMEYVQ6IVUY87</lei>
        <title>Tuan Sing Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2D13002373"/>
          <ticker value="TSH"/>
          <other otherDesc="SEDOL" value="6450687"/>
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        <balance>53716.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>12025.6100000000</valUSD>
        <pctVal>0.0000586616</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Vontobel Holding AG</name>
        <lei>529900G69W5VR3DDPW23</lei>
        <title>Vontobel Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0012335540"/>
          <ticker value="VONN"/>
          <other otherDesc="SEDOL" value="7123104"/>
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        <balance>247457.0000000000</balance>
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        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>28516711.7200000000</valUSD>
        <pctVal>0.1391061441</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Nexans SA</name>
        <lei>96950015FU78G84UIV14</lei>
        <title>Nexans SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000044448"/>
          <ticker value="NEX"/>
          <other otherDesc="SEDOL" value="7130836"/>
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        <balance>78790.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
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        <pctVal>0.0622557049</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Arbonia AG</name>
        <lei>52990053OCTMTW77M139</lei>
        <title>Arbonia AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0110240600"/>
          <ticker value="ARBN"/>
          <other otherDesc="SEDOL" value="7132735"/>
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        <balance>2166.0000000000</balance>
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        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>12457.0100000000</valUSD>
        <pctVal>0.0000607660</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Credito Emiliano SpA</name>
        <lei>8156004B244AA70DE787</lei>
        <title>Credito Emiliano SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003121677"/>
          <ticker value="CE"/>
          <other otherDesc="SEDOL" value="7135251"/>
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        <balance>433743.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>10219522.8400000000</valUSD>
        <pctVal>0.0498514145</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FP Corp</name>
        <lei>N/A</lei>
        <title>FP Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3167000003"/>
          <ticker value="7947"/>
          <other otherDesc="SEDOL" value="6329947"/>
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        <balance>347600.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>6105953.8900000000</valUSD>
        <pctVal>0.0297851909</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>Lintec Corp</name>
        <lei>3538002YOJO0IAM1PD28</lei>
        <title>Lintec Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3977200009"/>
          <ticker value="7966"/>
          <other otherDesc="SEDOL" value="6330080"/>
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        <balance>58800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2020203.7300000000</valUSD>
        <pctVal>0.0098546689</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>Suzuken Co Ltd/Aichi Japan</name>
        <lei>N/A</lei>
        <title>Suzuken Co Ltd/Aichi Japan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3398000004"/>
          <ticker value="9987"/>
          <other otherDesc="SEDOL" value="6865560"/>
        </identifiers>
        <balance>652500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>21013858.3000000000</valUSD>
        <pctVal>0.1025067977</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>THK Co Ltd</name>
        <lei>N/A</lei>
        <title>THK Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3539250005"/>
          <ticker value="6481"/>
          <other otherDesc="SEDOL" value="6869131"/>
        </identifiers>
        <balance>87300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3595428.1600000000</valUSD>
        <pctVal>0.0175387034</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>Tachi-S Co Ltd</name>
        <lei>N/A</lei>
        <title>Tachi-S Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3465400004"/>
          <ticker value="7239"/>
          <other otherDesc="SEDOL" value="6869498"/>
        </identifiers>
        <balance>678800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>10017880.3600000000</valUSD>
        <pctVal>0.0488677910</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>Tachikawa Corp</name>
        <lei>N/A</lei>
        <title>Tachikawa Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3466200007"/>
          <ticker value="7989"/>
          <other otherDesc="SEDOL" value="6869517"/>
        </identifiers>
        <balance>800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>13495.0600000000</valUSD>
        <pctVal>0.0000658297</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>Tachibana Eletech Co Ltd</name>
        <lei>N/A</lei>
        <title>Tachibana Eletech Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3466600008"/>
          <ticker value="8159"/>
          <other otherDesc="SEDOL" value="6869777"/>
        </identifiers>
        <balance>11700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>295494.9400000000</valUSD>
        <pctVal>0.0014414411</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>Taikisha Ltd</name>
        <lei>3538005OOQOUE7DBWV52</lei>
        <title>Taikisha Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3441200007"/>
          <ticker value="1979"/>
          <other otherDesc="SEDOL" value="6869959"/>
        </identifiers>
        <balance>406400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>9988099.5500000000</valUSD>
        <pctVal>0.0487225185</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>Takasago International Corp</name>
        <lei>N/A</lei>
        <title>Takasago International Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3454400007"/>
          <ticker value="4914"/>
          <other otherDesc="SEDOL" value="6870360"/>
        </identifiers>
        <balance>257900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2174790.3600000000</valUSD>
        <pctVal>0.0106087513</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>Takashimaya Co Ltd</name>
        <lei>353800IFO566STDN4V78</lei>
        <title>Takashimaya Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3456000003"/>
          <ticker value="8233"/>
          <other otherDesc="SEDOL" value="6870401"/>
        </identifiers>
        <balance>5332300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>78107985.0200000000</valUSD>
        <pctVal>0.3810151999</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>Daio Paper Corp</name>
        <lei>353800VL9DQ781ZR1G70</lei>
        <title>Daio Paper Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3440400004"/>
          <ticker value="3880"/>
          <other otherDesc="SEDOL" value="6870898"/>
        </identifiers>
        <balance>1699200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>10457286.1400000000</valUSD>
        <pctVal>0.0510112374</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>Takara Standard Co Ltd</name>
        <lei>N/A</lei>
        <title>Takara Standard Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3460000007"/>
          <ticker value="7981"/>
          <other otherDesc="SEDOL" value="6870906"/>
        </identifiers>
        <balance>1028700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>20391338.1400000000</valUSD>
        <pctVal>0.0994701089</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>Tamura Corp</name>
        <lei>353800W98D8AI066OC02</lei>
        <title>Tamura Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3471000004"/>
          <ticker value="6768"/>
          <other otherDesc="SEDOL" value="6871040"/>
        </identifiers>
        <balance>920800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4822536.6000000000</valUSD>
        <pctVal>0.0235246082</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>Taoka Chemical Co Ltd</name>
        <lei>N/A</lei>
        <title>Taoka Chemical Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3452400009"/>
          <ticker value="4113"/>
          <other otherDesc="SEDOL" value="6872236"/>
        </identifiers>
        <balance>7800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>38815.3600000000</valUSD>
        <pctVal>0.0001893435</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>Taisei Oncho Co Ltd</name>
        <lei>N/A</lei>
        <title>Taisei Oncho Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3443000009"/>
          <ticker value="1904"/>
          <other otherDesc="SEDOL" value="6872496"/>
        </identifiers>
        <balance>10100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>321215.9800000000</valUSD>
        <pctVal>0.0015669098</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>Orvana Minerals Corp</name>
        <lei>549300Y817P3URVP0R17</lei>
        <title>Orvana Minerals Corp</title>
        <cusip>68759M101</cusip>
        <identifiers>
          <isin value="CA68759M1014"/>
          <ticker value="ORV"/>
          <other otherDesc="SEDOL" value="2662851"/>
        </identifiers>
        <balance>12576.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>23682.9300000000</valUSD>
        <pctVal>0.0001155267</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Techno Ryowa Ltd</name>
        <lei>N/A</lei>
        <title>Techno Ryowa Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3545040002"/>
          <ticker value="1965"/>
          <other otherDesc="SEDOL" value="6878933"/>
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        <balance>152300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>6574660.9200000000</valUSD>
        <pctVal>0.0320715705</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>Teijin Ltd</name>
        <lei>3538000RF6UCIMPKCO54</lei>
        <title>Teijin Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3544000007"/>
          <ticker value="3401"/>
          <other otherDesc="SEDOL" value="6880507"/>
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        <balance>5575200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>61109433.6300000000</valUSD>
        <pctVal>0.2980952980</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>Ichinen Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Ichinen Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3142100001"/>
          <ticker value="9619"/>
          <other otherDesc="SEDOL" value="6455529"/>
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        <balance>40300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>689109.8400000000</valUSD>
        <pctVal>0.0033615171</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>Ito En Ltd</name>
        <lei>N/A</lei>
        <title>Ito En Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3143000002"/>
          <ticker value="2593"/>
          <other otherDesc="SEDOL" value="6455789"/>
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        <balance>1559900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>29580174.2000000000</valUSD>
        <pctVal>0.1442937746</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>TORM PLC</name>
        <lei>213800VL1H1ABVM1ZF63</lei>
        <title>TORM PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BZ3CNK81"/>
          <ticker value="TRMDA"/>
          <other otherDesc="SEDOL" value="BZ3CNK8"/>
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        <balance>1753599.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.4354500000"/>
        <valUSD>57592913.4200000000</valUSD>
        <pctVal>0.2809415121</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bell Food Group AG</name>
        <lei>50670090YSFJ2732TD58</lei>
        <title>Bell Food Group AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0315966322"/>
          <ticker value="BELL"/>
          <other otherDesc="SEDOL" value="BD6T1P3"/>
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        <balance>12597.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>3603865.0500000000</valUSD>
        <pctVal>0.0175798590</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cosmo NV</name>
        <lei>724500OX0EBQRYTVV639</lei>
        <title>Cosmo NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0011832936"/>
          <ticker value="CMHC"/>
          <other otherDesc="SEDOL" value="BYYLS68"/>
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        <balance>24946.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>1709766.5600000000</valUSD>
        <pctVal>0.0083403387</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICG PLC</name>
        <lei>549300OGASR5WRKJ8R68</lei>
        <title>ICG PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYT1DJ19"/>
          <ticker value="ICG"/>
          <other otherDesc="SEDOL" value="BYT1DJ1"/>
        </identifiers>
        <balance>448938.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>12104975.2000000000</valUSD>
        <pctVal>0.0590487585</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zero Co Ltd</name>
        <lei>N/A</lei>
        <title>Zero Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3428870004"/>
          <ticker value="9028"/>
          <other otherDesc="SEDOL" value="B0CHH63"/>
        </identifiers>
        <balance>6300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>138949.6900000000</valUSD>
        <pctVal>0.0006778045</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>Serica Energy PLC</name>
        <lei>213800EZZOKA815VC426</lei>
        <title>Serica Energy PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B0CY5V57"/>
          <ticker value="SQZ"/>
          <other otherDesc="SEDOL" value="B0CY5V5"/>
        </identifiers>
        <balance>7939431.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>28107438.4700000000</valUSD>
        <pctVal>0.1371096858</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SThree PLC</name>
        <lei>2138003NEBX5VRP3EX50</lei>
        <title>SThree PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B0KM9T71"/>
          <ticker value="STEM"/>
          <other otherDesc="SEDOL" value="B0KM9T7"/>
        </identifiers>
        <balance>2043791.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>8305148.4300000000</valUSD>
        <pctVal>0.0405129871</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sims Ltd</name>
        <lei>5493002YM7ZHVDMFC916</lei>
        <title>Sims Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SGM7"/>
          <ticker value="SGM"/>
          <other otherDesc="SEDOL" value="B0LCW75"/>
        </identifiers>
        <balance>3341200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>58127334.8700000000</valUSD>
        <pctVal>0.2835484504</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EFG International AG</name>
        <lei>506700PR1R98BSF81139</lei>
        <title>EFG International AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0022268228"/>
          <ticker value="EFGN"/>
          <other otherDesc="SEDOL" value="B0LF188"/>
        </identifiers>
        <balance>1490930.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>29462717.1200000000</valUSD>
        <pctVal>0.1437208123</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marston's PLC</name>
        <lei>213800Q6RP3ZJ2CZR962</lei>
        <title>Marston's PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1JQDM80"/>
          <ticker value="MARS"/>
          <other otherDesc="SEDOL" value="B1JQDM8"/>
        </identifiers>
        <balance>8760807.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>6173805.5900000000</valUSD>
        <pctVal>0.0301161753</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chemometec A/S</name>
        <lei>213800533NBKECGONO68</lei>
        <title>Chemometec A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060055861"/>
          <ticker value="CHEMM"/>
          <other otherDesc="SEDOL" value="B1KBGS9"/>
        </identifiers>
        <balance>12282.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.4354500000"/>
        <valUSD>945011.1000000000</valUSD>
        <pctVal>0.0046098180</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Whitbread PLC</name>
        <lei>21380099VMZKRMN3EX36</lei>
        <title>Whitbread PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1KJJ408"/>
          <ticker value="WTB"/>
          <other otherDesc="SEDOL" value="B1KJJ40"/>
        </identifiers>
        <balance>3951524.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>129787003.0900000000</valUSD>
        <pctVal>0.6331083936</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Big Shopping Centers Ltd</name>
        <lei>N/A</lei>
        <title>Big Shopping Centers Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010972607"/>
          <ticker value="BIG"/>
          <other otherDesc="SEDOL" value="B1KZR22"/>
        </identifiers>
        <balance>30995.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>7027108.8200000000</valUSD>
        <pctVal>0.0342786371</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>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"/>
          <ticker value="PAZ"/>
          <other otherDesc="SEDOL" value="B1L3K60"/>
        </identifiers>
        <balance>10237.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>2976698.9300000000</valUSD>
        <pctVal>0.0145205069</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>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"/>
          <ticker value="BLSR"/>
          <other otherDesc="SEDOL" value="B1NV2H7"/>
        </identifiers>
        <balance>25860.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>2595426.5200000000</valUSD>
        <pctVal>0.0126606384</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>Keppel Infrastructure Trust</name>
        <lei>254900BF7L1ZCMAZS467</lei>
        <title>Keppel Infrastructure Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1U48933923"/>
          <ticker value="KIT"/>
          <other otherDesc="SEDOL" value="B1P31B8"/>
        </identifiers>
        <balance>15518200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>6347018.2800000000</valUSD>
        <pctVal>0.0309611167</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>Frasers Group PLC</name>
        <lei>213800JEGHHEAXIJDX34</lei>
        <title>Frasers Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1QH8P22"/>
          <ticker value="FRAS"/>
          <other otherDesc="SEDOL" value="B1QH8P2"/>
        </identifiers>
        <balance>2270862.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>25497738.2600000000</valUSD>
        <pctVal>0.1243794196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Indofood Agri Resources Ltd</name>
        <lei>529900MPG94NGTRSY421</lei>
        <title>Indofood Agri Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1U47933908"/>
          <ticker value="IFAR"/>
          <other otherDesc="SEDOL" value="B1QNF48"/>
        </identifiers>
        <balance>178900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>48581.8100000000</valUSD>
        <pctVal>0.0002369848</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>MIMAKI ENGINEERING CO LTD</name>
        <lei>N/A</lei>
        <title>MIMAKI ENGINEERING CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3907150001"/>
          <ticker value="6638"/>
          <other otherDesc="SEDOL" value="B1RBTV6"/>
        </identifiers>
        <balance>149500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1831951.5100000000</valUSD>
        <pctVal>0.0089363638</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>Bittium Oyj</name>
        <lei>743700NFG5W5I59OVX65</lei>
        <title>Bittium Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009007264"/>
          <ticker value="BITTI"/>
          <other otherDesc="SEDOL" value="5792982"/>
        </identifiers>
        <balance>143237.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>6168260.7100000000</valUSD>
        <pctVal>0.0300891271</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Koninklijke Vopak NV</name>
        <lei>724500UL634GFV1KYF10</lei>
        <title>Koninklijke Vopak NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0009432491"/>
          <ticker value="VPK"/>
          <other otherDesc="SEDOL" value="5809428"/>
        </identifiers>
        <balance>185327.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>10346725.5200000000</valUSD>
        <pctVal>0.0504719164</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bekaert SA</name>
        <lei>5493008SR6XZECH6BN71</lei>
        <title>Bekaert SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0974258874"/>
          <ticker value="BEKB"/>
          <other otherDesc="SEDOL" value="5827431"/>
        </identifiers>
        <balance>1479961.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>67131369.8800000000</valUSD>
        <pctVal>0.3274706460</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Methanex Corp</name>
        <lei>549300TSJHRXT9QXRD13</lei>
        <title>Methanex Corp</title>
        <cusip>59151K108</cusip>
        <identifiers>
          <isin value="CA59151K1084"/>
          <ticker value="MX"/>
          <other otherDesc="SEDOL" value="2654416"/>
        </identifiers>
        <balance>219304.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>12905540.7800000000</valUSD>
        <pctVal>0.0629539630</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>National Bank Canada</name>
        <lei>BSGEFEIOM18Y80CKCV46</lei>
        <title>National Bank of Canada</title>
        <cusip>633067103</cusip>
        <identifiers>
          <isin value="CA6330671034"/>
          <ticker value="NA"/>
          <other otherDesc="SEDOL" value="2077303"/>
        </identifiers>
        <balance>1.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>153.4500000000</valUSD>
        <pctVal>0.0000007485</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FCC Co Ltd</name>
        <lei>529900JG0O5C2NAEHF11</lei>
        <title>FCC Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3166900005"/>
          <ticker value="7296"/>
          <other otherDesc="SEDOL" value="6332860"/>
        </identifiers>
        <balance>977900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>25479408.1200000000</valUSD>
        <pctVal>0.1242900041</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>Nufarm Ltd</name>
        <lei>529900QVU58IVMPRWJ98</lei>
        <title>Nufarm Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000NUF3"/>
          <ticker value="NUF"/>
          <other otherDesc="SEDOL" value="6335331"/>
        </identifiers>
        <balance>6472563.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>14684274.8900000000</valUSD>
        <pctVal>0.0716307293</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Afcon Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Afcon Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0005780130"/>
          <ticker value="AFHL"/>
          <other otherDesc="SEDOL" value="6335825"/>
        </identifiers>
        <balance>1451.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>242150.2600000000</valUSD>
        <pctVal>0.0011812228</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>Symal Group Ltd</name>
        <lei>N/A</lei>
        <title>Symal Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000361883"/>
          <ticker value="SYL"/>
          <other otherDesc="SEDOL" value="BM9K9K7"/>
        </identifiers>
        <balance>117432.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>241101.4900000000</valUSD>
        <pctVal>0.0011761068</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>G-Resources Group Ltd</name>
        <lei>N/A</lei>
        <title>G-Resources Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG4111M2019"/>
          <ticker value="1051"/>
          <other otherDesc="SEDOL" value="BM9VMX4"/>
        </identifiers>
        <balance>369000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>376671.7700000000</valUSD>
        <pctVal>0.0018374263</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kvutzat Acro Ltd</name>
        <lei>N/A</lei>
        <title>Kvutzat Acro Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011849028"/>
          <ticker value="ACRO"/>
          <other otherDesc="SEDOL" value="BM9YY82"/>
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        <balance>22969.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>305981.7400000000</valUSD>
        <pctVal>0.0014925964</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>Cewe Stiftung &amp; Co KGAA</name>
        <lei>529900IDFHN9MQ3WUD64</lei>
        <title>Cewe Stiftung &amp; Co KGAA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005403901"/>
          <ticker value="CWC"/>
          <other otherDesc="SEDOL" value="5740806"/>
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        <balance>99017.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>12138537.8300000000</valUSD>
        <pctVal>0.0592124789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vicat SACA</name>
        <lei>9695009YI1863TOVDP79</lei>
        <title>Vicat SACA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000031775"/>
          <ticker value="VCT"/>
          <other otherDesc="SEDOL" value="5763201"/>
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        <balance>101621.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>7596232.8700000000</valUSD>
        <pctVal>0.0370548566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pepper Money Ltd/Australia</name>
        <lei>549300YIM8RX3KHGIU35</lei>
        <title>Pepper Money Ltd/Australia</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000150898"/>
          <ticker value="PPM"/>
          <other otherDesc="SEDOL" value="BMBPP68"/>
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        <balance>304325.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>407595.5500000000</valUSD>
        <pctVal>0.0019882743</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wesure Global Tech Ltd</name>
        <lei>N/A</lei>
        <title>Wesure Global Tech Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011732281"/>
          <ticker value="WESR"/>
          <other otherDesc="SEDOL" value="BMBZJQ6"/>
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        <balance>89499.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>410481.2500000000</valUSD>
        <pctVal>0.0020023509</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>Avanza Bank Holding AB</name>
        <lei>549300MBWR5H8SIJLE03</lei>
        <title>Avanza Bank Holding AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0012454072"/>
          <ticker value="AZA"/>
          <other otherDesc="SEDOL" value="BJXMLF7"/>
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        <balance>26700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>1118591.6400000000</valUSD>
        <pctVal>0.0054565537</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Troax Group AB</name>
        <lei>5493003TBEWGBIEG1X97</lei>
        <title>Troax Group AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0012729366"/>
          <ticker value="TROAX"/>
          <other otherDesc="SEDOL" value="BJ84HW7"/>
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        <balance>189481.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>2929416.0600000000</valUSD>
        <pctVal>0.0142898584</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sansha Electric Manufacturing Co Ltd</name>
        <lei>N/A</lei>
        <title>Sansha Electric Manufacturing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3332600000"/>
          <ticker value="6882"/>
          <other otherDesc="SEDOL" value="6043816"/>
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        <balance>10300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>76111.3900000000</valUSD>
        <pctVal>0.0003712757</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Resorttrust Inc</name>
        <lei>353800FM9MYWH105SE11</lei>
        <title>Resorttrust Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3974450003"/>
          <ticker value="4681"/>
          <other otherDesc="SEDOL" value="6044132"/>
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        <balance>1622200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>19170655.7900000000</valUSD>
        <pctVal>0.0935155509</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Perenti Ltd</name>
        <lei>25490044GUNE4S2E6K11</lei>
        <title>Perenti Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000061897"/>
          <ticker value="PRN"/>
          <other otherDesc="SEDOL" value="BKRKNV4"/>
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        <balance>27198295.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>43955639.8800000000</valUSD>
        <pctVal>0.2144181150</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BICO Group AB</name>
        <lei>549300FE4PT8NDXXNK85</lei>
        <title>BICO Group AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0013647385"/>
          <ticker value="BICO"/>
          <other otherDesc="SEDOL" value="BKMFJ94"/>
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        <balance>391990.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>893033.4500000000</valUSD>
        <pctVal>0.0043562680</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AD Works Group Co Ltd</name>
        <lei>N/A</lei>
        <title>AD Works Group Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3160560003"/>
          <ticker value="2982"/>
          <other otherDesc="SEDOL" value="BKSGHH5"/>
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        <balance>95600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>259574.7400000000</valUSD>
        <pctVal>0.0012662204</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Electrolux Professional AB</name>
        <lei>254900KI62Q46ZWD8084</lei>
        <title>Electrolux Professional AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0013747870"/>
          <ticker value="EPROB"/>
          <other otherDesc="SEDOL" value="BKV3Z24"/>
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        <balance>27287.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>139002.5100000000</valUSD>
        <pctVal>0.0006780622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>V-ZUG Holding AG</name>
        <lei>529900QJR10EHM4DCL65</lei>
        <title>V-ZUG Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0542483745"/>
          <ticker value="VZUG"/>
          <other otherDesc="SEDOL" value="BL6LP20"/>
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        <balance>347.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>18020.2500000000</valUSD>
        <pctVal>0.0000879038</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>
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      </invstOrSec>
      <invstOrSec>
        <name>SAF-Holland SE</name>
        <lei>222100QJQLUJHWREL058</lei>
        <title>SAF-Holland SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000SAFH001"/>
          <ticker value="SFQ"/>
          <other otherDesc="SEDOL" value="BL5BYR9"/>
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        <balance>1385884.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>35658916.2600000000</valUSD>
        <pctVal>0.1739462246</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AOKI Holdings Inc</name>
        <lei>N/A</lei>
        <title>AOKI Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3105400000"/>
          <ticker value="8214"/>
          <other otherDesc="SEDOL" value="6045759"/>
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        <balance>742600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>8226161.5500000000</valUSD>
        <pctVal>0.0401276846</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>Aoyama Trading Co Ltd</name>
        <lei>549300FYZLM486BSOQ14</lei>
        <title>Aoyama Trading Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3106200003"/>
          <ticker value="8219"/>
          <other otherDesc="SEDOL" value="6045878"/>
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        <balance>824800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3986932.2500000000</valUSD>
        <pctVal>0.0194484826</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>ARCLANDS CORP</name>
        <lei>N/A</lei>
        <title>ARCLANDS CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3100100001"/>
          <ticker value="9842"/>
          <other otherDesc="SEDOL" value="6048004"/>
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        <balance>1387000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>16083057.9700000000</valUSD>
        <pctVal>0.0784540729</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>Hamakyorex Co Ltd</name>
        <lei>N/A</lei>
        <title>Hamakyorex Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3771150004"/>
          <ticker value="9037"/>
          <other otherDesc="SEDOL" value="6051444"/>
        </identifiers>
        <balance>970100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>11262165.7800000000</valUSD>
        <pctVal>0.0549374862</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>Ayalon Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Ayalon Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0002090152"/>
          <ticker value="AYAL"/>
          <other otherDesc="SEDOL" value="6051897"/>
        </identifiers>
        <balance>167405.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>9601087.4000000000</valUSD>
        <pctVal>0.0468346512</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>Asahi Broadcasting Group Holdings Corp</name>
        <lei>N/A</lei>
        <title>Asahi Broadcasting Group Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3116800008"/>
          <ticker value="9405"/>
          <other otherDesc="SEDOL" value="6054454"/>
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        <balance>14900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>81237.0200000000</valUSD>
        <pctVal>0.0003962788</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>Hirogin Holdings Inc</name>
        <lei>N/A</lei>
        <title>Hirogin Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3796150005"/>
          <ticker value="7337"/>
          <other otherDesc="SEDOL" value="BJK6DZ6"/>
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        <balance>981600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>14716074.6100000000</valUSD>
        <pctVal>0.0717858502</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>ASKA Pharmaceutical Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>ASKA Pharmaceutical Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3119660003"/>
          <ticker value="4886"/>
          <other otherDesc="SEDOL" value="BMBZJV1"/>
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        <balance>76000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1005213.1200000000</valUSD>
        <pctVal>0.0049034869</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>
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      </invstOrSec>
      <invstOrSec>
        <name>ADEKA Corp</name>
        <lei>N/A</lei>
        <title>ADEKA Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3114800000"/>
          <ticker value="4401"/>
          <other otherDesc="SEDOL" value="6054904"/>
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        <balance>92500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2683020.6900000000</valUSD>
        <pctVal>0.0130879277</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>Asahi Kogyosha Co Ltd</name>
        <lei>N/A</lei>
        <title>Asahi Kogyosha Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3112800002"/>
          <ticker value="1975"/>
          <other otherDesc="SEDOL" value="6055242"/>
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        <balance>54700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1340486.1600000000</valUSD>
        <pctVal>0.0065389678</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>
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      </invstOrSec>
      <invstOrSec>
        <name>ASAHI YUKIZAI CORP</name>
        <lei>353800BBLKAGEXVVBE41</lei>
        <title>ASAHI YUKIZAI CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3117200000"/>
          <ticker value="4216"/>
          <other otherDesc="SEDOL" value="6055361"/>
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        <balance>43500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1611756.3400000000</valUSD>
        <pctVal>0.0078622392</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>Asanuma Corp</name>
        <lei>N/A</lei>
        <title>Asanuma Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3110000001"/>
          <ticker value="1852"/>
          <other otherDesc="SEDOL" value="6055907"/>
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        <balance>1076300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>6117438.9500000000</valUSD>
        <pctVal>0.0298412156</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>Aztech Global Ltd</name>
        <lei>N/A</lei>
        <title>Aztech Global Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXE54866863"/>
          <ticker value="AZTECH"/>
          <other otherDesc="SEDOL" value="BMFZSZ4"/>
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        <balance>652200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>297006.7800000000</valUSD>
        <pctVal>0.0014488160</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Friedrich Vorwerk Group SE</name>
        <lei>529900NBM89YAM5ENI18</lei>
        <title>Friedrich Vorwerk Group SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A255F11"/>
          <ticker value="VH2"/>
          <other otherDesc="SEDOL" value="BNTJ0F3"/>
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        <balance>110379.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>9965428.5400000000</valUSD>
        <pctVal>0.0486119280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tess Holdings Co Ltd</name>
        <lei>353800S63KEALNVDYR95</lei>
        <title>Tess Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3545270005"/>
          <ticker value="5074"/>
          <other otherDesc="SEDOL" value="BN486H9"/>
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        <balance>357300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1441074.7700000000</valUSD>
        <pctVal>0.0070296448</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Nolato AB</name>
        <lei>213800T7T7I7WAOX8Y72</lei>
        <title>Nolato AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0015962477"/>
          <ticker value="NOLAB"/>
          <other otherDesc="SEDOL" value="BMXT8K3"/>
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        <balance>708334.0000000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>3928349.4500000000</valUSD>
        <pctVal>0.0191627124</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Densan System Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Densan System Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3551440005"/>
          <ticker value="4072"/>
          <other otherDesc="SEDOL" value="BN2T3Y0"/>
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        <balance>47100.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>919053.4900000000</valUSD>
        <pctVal>0.0044831953</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>
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      <invstOrSec>
        <name>Electrolux AB</name>
        <lei>549300Y3HHZB1ZGFPJ93</lei>
        <title>Electrolux AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0016589188"/>
          <ticker value="ELUXB"/>
          <other otherDesc="SEDOL" value="BP81612"/>
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        <balance>70353.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>205045.3100000000</valUSD>
        <pctVal>0.0010002227</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Okinawa Financial Group Inc</name>
        <lei>N/A</lei>
        <title>Okinawa Financial Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3194750000"/>
          <ticker value="7350"/>
          <other otherDesc="SEDOL" value="BMT97H7"/>
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        <balance>187400.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Juroku Financial Group Inc</name>
        <lei>N/A</lei>
        <title>Juroku Financial Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3392650002"/>
          <ticker value="7380"/>
          <other otherDesc="SEDOL" value="BLGYF07"/>
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        <balance>1928400.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Autobacs Seven Co Ltd</name>
        <lei>5299006NCUSCPURTQB07</lei>
        <title>Autobacs Seven Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3172500005"/>
          <ticker value="9832"/>
          <other otherDesc="SEDOL" value="6068422"/>
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        <balance>113600.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1123164.8900000000</valUSD>
        <pctVal>0.0054788623</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>
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      <invstOrSec>
        <name>Awa Bank Ltd/The</name>
        <lei>353800YH8XWV0XAHXR13</lei>
        <title>Awa Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3126800006"/>
          <ticker value="8388"/>
          <other otherDesc="SEDOL" value="6068961"/>
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        <balance>252800.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tayca Corp</name>
        <lei>N/A</lei>
        <title>Tayca Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3539300008"/>
          <ticker value="4027"/>
          <other otherDesc="SEDOL" value="6880864"/>
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        <balance>27800.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>421285.0200000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TPR Co Ltd</name>
        <lei>N/A</lei>
        <title>TPR Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3542400001"/>
          <ticker value="6463"/>
          <other otherDesc="SEDOL" value="6880927"/>
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        <balance>1167900.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>11761778.9300000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JCDecaux SE</name>
        <lei>9695009KV7AFPDEI5S30</lei>
        <title>JCDecaux SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000077919"/>
          <ticker value="DEC"/>
          <other otherDesc="SEDOL" value="7136663"/>
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        <balance>711476.0000000000</balance>
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        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Init Innovation in Traffic Systems SE</name>
        <lei>391200ZOAI9BOLGC1D37</lei>
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          <isin value="DE0005759807"/>
          <ticker value="IXX"/>
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        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ichiyoshi Securities Co Ltd</name>
        <lei>353800A8M3VE49QYFV53</lei>
        <title>Ichiyoshi Securities Co Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="JP3142300007"/>
          <ticker value="8624"/>
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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>Enav SpA</name>
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        <cusip>N/A</cusip>
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          <isin value="IT0005176406"/>
          <ticker value="ENAV"/>
          <other otherDesc="SEDOL" value="BD0CRV6"/>
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        <assetCat>EC</assetCat>
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        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Satudora Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Satudora Holdings Co Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="JP3319750000"/>
          <ticker value="3544"/>
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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>Nishi-Nippon Financial Holdings Inc</name>
        <lei>N/A</lei>
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          <isin value="JP3658850007"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kyushu Railway Co</name>
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          <isin value="JP3247010006"/>
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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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        <name>Fine Foods &amp; Pharmaceuticals NTM</name>
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          <isin value="IT0005215329"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BW Offshore Ltd</name>
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          <isin value="BMG1738J1247"/>
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        <assetCat>EC</assetCat>
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        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Alleima AB</name>
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        <title>Alleima AB</title>
        <cusip>N/A</cusip>
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          <isin value="SE0017615644"/>
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        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BioGaia AB</name>
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        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Flow Traders Ltd</name>
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        <assetCat>EC</assetCat>
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        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>DOF Group ASA</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>New Wave Group AB</name>
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        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Hurricane Energy PLC</name>
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        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Air France-KLM</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Orion Retail Properties Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Global Resource Construction Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Swissquote Group Holding SA</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Delek Yizum Nechasim Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Scandi Standard AB</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Proximus SADP</name>
        <lei>549300CWRXC5EP004533</lei>
        <title>Proximus SADP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003810273"/>
          <ticker value="PROX"/>
          <other otherDesc="SEDOL" value="B00D9P6"/>
        </identifiers>
        <balance>4159855.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>30660450.5100000000</valUSD>
        <pctVal>0.1495634240</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Basilea Pharmaceutica Ag Allschwil</name>
        <lei>391200TTZP8EIPSJ5J20</lei>
        <title>Basilea Pharmaceutica Ag Allschwil</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0011432447"/>
          <ticker value="BSLN"/>
          <other otherDesc="SEDOL" value="B00FX50"/>
        </identifiers>
        <balance>278710.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>21880162.0800000000</valUSD>
        <pctVal>0.1067326769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>McMillan Shakespeare Ltd</name>
        <lei>254900GPJQUGWJEAZ102</lei>
        <title>McMillan Shakespeare Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MMS5"/>
          <ticker value="MMS"/>
          <other otherDesc="SEDOL" value="B00G1Q0"/>
        </identifiers>
        <balance>222913.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>3318787.1500000000</valUSD>
        <pctVal>0.0161892328</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitachi Co Ltd</name>
        <lei>N/A</lei>
        <title>Mitachi Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3886200009"/>
          <ticker value="3321"/>
          <other otherDesc="SEDOL" value="B00JWZ5"/>
        </identifiers>
        <balance>200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2149.5100000000</valUSD>
        <pctVal>0.0000104854</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>Grafton Group PLC</name>
        <lei>635400BE9SBAG61DJ963</lei>
        <title>Grafton Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00B00MZ448"/>
          <ticker value="GFTU"/>
          <other otherDesc="SEDOL" value="B00MZ44"/>
        </identifiers>
        <balance>825568.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>11541921.8100000000</valUSD>
        <pctVal>0.0563021520</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Karoon Energy Ltd</name>
        <lei>529900VXILHR2CNBWD62</lei>
        <title>Karoon Energy Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000KAR6"/>
          <ticker value="KAR"/>
          <other otherDesc="SEDOL" value="B00SV00"/>
        </identifiers>
        <balance>25540731.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>32031670.0700000000</valUSD>
        <pctVal>0.1562523111</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Asia Tele-Net &amp; Technology Corp Ltd</name>
        <lei>5299004YXGD1GKV5CH80</lei>
        <title>Asia Tele-Net &amp; Technology Corp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG0534V1256"/>
          <ticker value="679"/>
          <other otherDesc="SEDOL" value="B00X1B6"/>
        </identifiers>
        <balance>550000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>365358.0300000000</valUSD>
        <pctVal>0.0017822373</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SES SA</name>
        <lei>5493008JPA4HYMH1HX51</lei>
        <title>SES SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="LU0088087324"/>
          <ticker value="SESG"/>
          <other otherDesc="SEDOL" value="B00ZQQ2"/>
        </identifiers>
        <balance>8339404.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>47396885.0700000000</valUSD>
        <pctVal>0.2312047051</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Imerys SA</name>
        <lei>54930075MZSSIB2TGC64</lei>
        <title>Imerys SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000120859"/>
          <ticker value="NK"/>
          <other otherDesc="SEDOL" value="B011GL4"/>
        </identifiers>
        <balance>273819.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>7900236.2800000000</valUSD>
        <pctVal>0.0385378026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Halfords Group PLC</name>
        <lei>54930086FKBWWJIOBI79</lei>
        <title>Halfords Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B012TP20"/>
          <ticker value="HFD"/>
          <other otherDesc="SEDOL" value="B012TP2"/>
        </identifiers>
        <balance>5675028.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>20905743.6000000000</valUSD>
        <pctVal>0.1019794081</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Retailors Ltd</name>
        <lei>2549006QHZTQOYRBB695</lei>
        <title>Retailors Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011754889"/>
          <ticker value="RTLS"/>
          <other otherDesc="SEDOL" value="BMC2Y16"/>
        </identifiers>
        <balance>33126.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>208840.8000000000</valUSD>
        <pctVal>0.0010187373</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>Universal Store Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Universal Store Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000113565"/>
          <ticker value="UNI"/>
          <other otherDesc="SEDOL" value="BMCK9H1"/>
        </identifiers>
        <balance>4632.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>27233.7100000000</valUSD>
        <pctVal>0.0001328476</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wuestenrot &amp; Wuerttembergische AG</name>
        <lei>5299003H07ZT0Z5ZNN35</lei>
        <title>Wuestenrot &amp; Wuerttembergische AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0008051004"/>
          <ticker value="WUW"/>
          <other otherDesc="SEDOL" value="5770911"/>
        </identifiers>
        <balance>161521.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>2707472.7400000000</valUSD>
        <pctVal>0.0132072062</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guillemot Corp</name>
        <lei>969500N24EZ7HPKJIV79</lei>
        <title>Guillemot Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000066722"/>
          <ticker value="GUI"/>
          <other otherDesc="SEDOL" value="5916425"/>
        </identifiers>
        <balance>967.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>4887.5200000000</valUSD>
        <pctVal>0.0000238416</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Semapa-Sociedade de Investimento e Gestao</name>
        <lei>549300HNGOW85KIOH584</lei>
        <title>Semapa-Sociedade de Investimento e Gestao</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTSEM0AM0004"/>
          <ticker value="SEM"/>
          <other otherDesc="SEDOL" value="5962934"/>
        </identifiers>
        <balance>142621.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>3510204.7100000000</valUSD>
        <pctVal>0.0171229785</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Net Insight AB</name>
        <lei>549300BMCT8IT2CFDH63</lei>
        <title>Net Insight AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000366098"/>
          <ticker value="NETIB"/>
          <other otherDesc="SEDOL" value="5967683"/>
        </identifiers>
        <balance>22544.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>7035.4500000000</valUSD>
        <pctVal>0.0000343193</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Johnson Service Group PLC</name>
        <lei>2138004WZUPWV53KWV11</lei>
        <title>Johnson Service Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0004762810"/>
          <ticker value="JSG"/>
          <other otherDesc="SEDOL" value="0476281"/>
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        <balance>9032244.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>18059763.8600000000</valUSD>
        <pctVal>0.0880965568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Keller Group PLC</name>
        <lei>549300QO4MBL43UHSN10</lei>
        <title>Keller Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0004866223"/>
          <ticker value="KLR"/>
          <other otherDesc="SEDOL" value="0486622"/>
        </identifiers>
        <balance>1883754.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>76945919.3300000000</valUSD>
        <pctVal>0.3753465773</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Impax Asset Management Group PLC</name>
        <lei>213800AJDNW4S2B7E680</lei>
        <title>Impax Asset Management Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0004905260"/>
          <ticker value="IPX"/>
          <other otherDesc="SEDOL" value="0490526"/>
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        <balance>258828.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>396926.1500000000</valUSD>
        <pctVal>0.0019362284</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Howden Joinery Group PLC</name>
        <lei>213800KC1LJOJTY3JP45</lei>
        <title>Howden Joinery Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0005576813"/>
          <ticker value="HWDN"/>
          <other otherDesc="SEDOL" value="0557681"/>
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        <balance>6967774.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>74053479.4500000000</valUSD>
        <pctVal>0.3612370908</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mears Group PLC</name>
        <lei>213800DHCALLH8IRJV57</lei>
        <title>Mears Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0005630420"/>
          <ticker value="MER"/>
          <other otherDesc="SEDOL" value="0563042"/>
        </identifiers>
        <balance>1652665.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>9478277.5400000000</valUSD>
        <pctVal>0.0462355777</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Badger Infrastructure Solutions Ltd</name>
        <lei>254900BS2WTIBXVDKM03</lei>
        <title>Badger Infrastructure Solutions Ltd</title>
        <cusip>056533102</cusip>
        <identifiers>
          <isin value="CA0565331026"/>
          <ticker value="BDGI"/>
          <other otherDesc="SEDOL" value="BLCW7S7"/>
        </identifiers>
        <balance>54692.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>3280059.9200000000</valUSD>
        <pctVal>0.0160003191</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>
      <invstOrSec>
        <name>McBride PLC</name>
        <lei>213800HX7FMPA2CIEF02</lei>
        <title>McBride PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0005746358"/>
          <ticker value="MCB"/>
          <other otherDesc="SEDOL" value="0574635"/>
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        <balance>1046711.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>2902384.3500000000</valUSD>
        <pctVal>0.0141579962</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Advanced Materials PLC</name>
        <lei>I4K14LL95N2PHDL7EG85</lei>
        <title>Morgan Advanced Materials PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0006027295"/>
          <ticker value="MGAM"/>
          <other otherDesc="SEDOL" value="0602729"/>
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        <balance>3497610.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>11307078.2100000000</valUSD>
        <pctVal>0.0551565715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Belluna Co Ltd</name>
        <lei>353800Q8P5LM0569VS75</lei>
        <title>Belluna Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3835650007"/>
          <ticker value="9997"/>
          <other otherDesc="SEDOL" value="6070353"/>
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        <balance>263400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1787830.1900000000</valUSD>
        <pctVal>0.0087211375</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Samudera Shipping Line Ltd</name>
        <lei>254900YRA2OBY5SUJW72</lei>
        <title>Samudera Shipping Line Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1F29855813"/>
          <ticker value="SAMU"/>
          <other otherDesc="SEDOL" value="6070900"/>
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        <balance>14365300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>10394460.2900000000</valUSD>
        <pctVal>0.0507047694</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Ryoyu Systems Co Ltd</name>
        <lei>N/A</lei>
        <title>Ryoyu Systems Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3976500003"/>
          <ticker value="4685"/>
          <other otherDesc="SEDOL" value="6071453"/>
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        <balance>14700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>253645.3400000000</valUSD>
        <pctVal>0.0012372964</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Central Glass Co Ltd</name>
        <lei>N/A</lei>
        <title>Central Glass Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3425000001"/>
          <ticker value="4044"/>
          <other otherDesc="SEDOL" value="6184306"/>
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        <balance>502300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>14301814.6700000000</valUSD>
        <pctVal>0.0697650666</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Arakawa Chemical Industries Ltd</name>
        <lei>N/A</lei>
        <title>Arakawa Chemical Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3125000004"/>
          <ticker value="4968"/>
          <other otherDesc="SEDOL" value="6185837"/>
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        <balance>77200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1028357.4400000000</valUSD>
        <pctVal>0.0050163862</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Champion Iron Ltd</name>
        <lei>894500WQI96G4T75O202</lei>
        <title>Champion Iron Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CIA2"/>
          <ticker value="CIA"/>
          <other otherDesc="SEDOL" value="BLD1SB3"/>
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        <balance>11093046.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>27811126.0100000000</valUSD>
        <pctVal>0.1356642568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Chiba Kogyo Bank Ltd/The</name>
        <lei>353800SQQ8B0KOKZ9Y27</lei>
        <title>Chiba Kogyo Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3512200001"/>
          <ticker value="8337"/>
          <other otherDesc="SEDOL" value="6190585"/>
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        <balance>468700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>7712892.0400000000</valUSD>
        <pctVal>0.0376239267</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Trusco Nakayama Corp</name>
        <lei>N/A</lei>
        <title>Trusco Nakayama Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3635500006"/>
          <ticker value="9830"/>
          <other otherDesc="SEDOL" value="6620888"/>
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        <balance>179900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2727449.2100000000</valUSD>
        <pctVal>0.0133046526</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>
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      </invstOrSec>
      <invstOrSec>
        <name>4imprint Group PLC</name>
        <lei>213800G95T751RN2CT94</lei>
        <title>4imprint Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0006640972"/>
          <ticker value="FOUR"/>
          <other otherDesc="SEDOL" value="0664097"/>
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        <balance>356885.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>21462013.1000000000</valUSD>
        <pctVal>0.1046929224</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Baozun Inc</name>
        <lei>549300IF0HZ7T4762633</lei>
        <title>Baozun Inc</title>
        <cusip>06684L103</cusip>
        <identifiers>
          <isin value="US06684L1035"/>
          <ticker value="BZUN"/>
          <other otherDesc="SEDOL" value="BY2ZJ69"/>
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        <balance>237756.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>675227.0400000000</valUSD>
        <pctVal>0.0032937960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CCI Group Inc</name>
        <lei>N/A</lei>
        <title>CCI Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3851600001"/>
          <ticker value="7381"/>
          <other otherDesc="SEDOL" value="BLGY239"/>
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        <balance>988300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>7968316.7300000000</valUSD>
        <pctVal>0.0388699029</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>
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      </invstOrSec>
      <invstOrSec>
        <name>TRE Holdings Corp</name>
        <lei>N/A</lei>
        <title>TRE Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3538540000"/>
          <ticker value="9247"/>
          <other otherDesc="SEDOL" value="BMTPP37"/>
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        <balance>1346440.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>16143699.7900000000</valUSD>
        <pctVal>0.0787498871</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Nakayama Steel Works Ltd</name>
        <lei>N/A</lei>
        <title>Nakayama Steel Works Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3646400006"/>
          <ticker value="5408"/>
          <other otherDesc="SEDOL" value="6620907"/>
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        <balance>592600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2349927.3100000000</valUSD>
        <pctVal>0.0114630793</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>
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      <invstOrSec>
        <name>Namura Shipbuilding Co Ltd</name>
        <lei>353800L4EGBFKO3C4X44</lei>
        <title>Namura Shipbuilding Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3651400008"/>
          <ticker value="7014"/>
          <other otherDesc="SEDOL" value="6621063"/>
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        <balance>1578000.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PetroTal Corp</name>
        <lei>21380047ER33PRH4XH56</lei>
        <title>PetroTal Corp</title>
        <cusip>71677J101</cusip>
        <identifiers>
          <isin value="CA71677J1012"/>
          <ticker value="TAL"/>
          <other otherDesc="SEDOL" value="BG0TC68"/>
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        <balance>5081318.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>1906479.5700000000</valUSD>
        <pctVal>0.0092999159</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Peyto Exploration &amp; Development Corp</name>
        <lei>98450004AE67F646C503</lei>
        <title>Peyto Exploration &amp; Development Corp</title>
        <cusip>717046106</cusip>
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          <isin value="CA7170461064"/>
          <ticker value="PEY"/>
          <other otherDesc="SEDOL" value="B6775F5"/>
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        <balance>3840610.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
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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>Pine Cliff Energy Ltd</name>
        <lei>9845009BFF0SED281A71</lei>
        <title>Pine Cliff Energy Ltd</title>
        <cusip>722524105</cusip>
        <identifiers>
          <isin value="CA7225241057"/>
          <ticker value="PNE"/>
          <other otherDesc="SEDOL" value="B078C77"/>
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        <balance>38156.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
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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>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Billerud AB</name>
        <lei>549300YJUYJ9A24RXL71</lei>
        <title>Billerud AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000862997"/>
          <ticker value="BILL"/>
          <other otherDesc="SEDOL" value="7240371"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kopparbergs Bryggeri AB</name>
        <lei>549300OE4GJOH10WOE13</lei>
        <title>Kopparbergs Bryggeri AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000500779"/>
          <ticker value="KOBRB"/>
          <other otherDesc="SEDOL" value="7325256"/>
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        <balance>11841.0000000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>146463.2300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cie Financiere Tradition SA</name>
        <lei>213800WCJHNV1PPEAR30</lei>
        <title>Cie Financiere Tradition SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0014345117"/>
          <ticker value="CFT"/>
          <other otherDesc="SEDOL" value="7391622"/>
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        <balance>551.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>184617.9100000000</valUSD>
        <pctVal>0.0009005767</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Precision Drilling Corp</name>
        <lei>549300WF2OE8T5BP4B84</lei>
        <title>Precision Drilling Corp</title>
        <cusip>74022D407</cusip>
        <identifiers>
          <isin value="CA74022D4075"/>
          <ticker value="PD"/>
          <other otherDesc="SEDOL" value="BLH2T08"/>
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        <balance>206662.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>18949173.4600000000</valUSD>
        <pctVal>0.0924351475</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>
      <invstOrSec>
        <name>Protalix BioTherapeutics Inc</name>
        <lei>549300SDVB3GP4XDFM60</lei>
        <title>Protalix BioTherapeutics Inc</title>
        <cusip>74365A309</cusip>
        <identifiers>
          <isin value="US74365A3095"/>
          <ticker value="PLX"/>
          <other otherDesc="SEDOL" value="BJ9RYW4"/>
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        <balance>15523.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>39894.1100000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Valiant Holding AG</name>
        <lei>529900R30EKFHO09CN42</lei>
        <title>Valiant Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0014786500"/>
          <ticker value="VATN"/>
          <other otherDesc="SEDOL" value="7517893"/>
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        <balance>311084.0000000000</balance>
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        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>57555912.3400000000</valUSD>
        <pctVal>0.2807610187</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Fiera Milano SpA</name>
        <lei>81560026FB4FD48C6110</lei>
        <title>Fiera Milano SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003365613"/>
          <ticker value="FM"/>
          <other otherDesc="SEDOL" value="7518324"/>
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        <balance>93861.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>865645.1200000000</valUSD>
        <pctVal>0.0042226662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Transcontinental Inc</name>
        <lei>549300C86G4JLR01YF53</lei>
        <title>Transcontinental Inc</title>
        <cusip>893578104</cusip>
        <identifiers>
          <isin value="CA8935781044"/>
          <ticker value="TCL/A"/>
          <other otherDesc="SEDOL" value="2357953"/>
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        <balance>639000.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>2521974.1000000000</valUSD>
        <pctVal>0.0123023333</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>Trican Well Service Ltd</name>
        <lei>5493003PMAE3KEW1DL91</lei>
        <title>Trican Well Service Ltd</title>
        <cusip>895945103</cusip>
        <identifiers>
          <isin value="CA8959451037"/>
          <ticker value="TCW"/>
          <other otherDesc="SEDOL" value="2869964"/>
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        <balance>2927902.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>13224623.2000000000</valUSD>
        <pctVal>0.0645104652</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>
      <invstOrSec>
        <name>Tekken Corp</name>
        <lei>N/A</lei>
        <title>Tekken Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3545600003"/>
          <ticker value="1815"/>
          <other otherDesc="SEDOL" value="6881168"/>
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        <balance>4800.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Israel Corp Ltd</name>
        <lei>213800VASRTF37M7LO42</lei>
        <title>Israel Corp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0005760173"/>
          <ticker value="ILCO"/>
          <other otherDesc="SEDOL" value="6889678"/>
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        <balance>597337.0000000000</balance>
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        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
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        <pctVal>0.0820032841</pctVal>
        <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>TKC Corp</name>
        <lei>N/A</lei>
        <title>TKC Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3539400006"/>
          <ticker value="9746"/>
          <other otherDesc="SEDOL" value="6892665"/>
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        <balance>35800.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>Toho Bank Ltd/The</name>
        <lei>35380078ABDFHIKLTV03</lei>
        <title>Toho Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3601000007"/>
          <ticker value="8346"/>
          <other otherDesc="SEDOL" value="6893806"/>
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        <balance>460400.0000000000</balance>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Toda Corp</name>
        <lei>N/A</lei>
        <title>Toda Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3627000007"/>
          <ticker value="1860"/>
          <other otherDesc="SEDOL" value="6893884"/>
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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>Tokai Carbon Co Ltd</name>
        <lei>5299002HKWA5B57KLT43</lei>
        <title>Tokai Carbon Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3560800009"/>
          <ticker value="5301"/>
          <other otherDesc="SEDOL" value="6894003"/>
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        <balance>6511900.0000000000</balance>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tokai Rika Co Ltd</name>
        <lei>N/A</lei>
        <title>Tokai Rika Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3566600007"/>
          <ticker value="6995"/>
          <other otherDesc="SEDOL" value="6894025"/>
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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>Tokai Corp/Gifu</name>
        <lei>N/A</lei>
        <title>Tokai Corp/Gifu</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3552250007"/>
          <ticker value="9729"/>
          <other otherDesc="SEDOL" value="6894359"/>
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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>Toagosei Co Ltd</name>
        <lei>N/A</lei>
        <title>Toagosei Co Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="JP3556400004"/>
          <ticker value="4045"/>
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        <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>Toa Corp/Tokyo</name>
        <lei>353800AT816JCLZ5WD63</lei>
        <title>Toa Corp/Tokyo</title>
        <cusip>N/A</cusip>
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          <isin value="JP3556000002"/>
          <ticker value="1885"/>
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        <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>Togami Electric Manufacturing Co Ltd</name>
        <lei>N/A</lei>
        <title>Togami Electric Manufacturing Co Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="JP3623400003"/>
          <ticker value="6643"/>
          <other otherDesc="SEDOL" value="6894605"/>
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        <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>Yurtec Corp</name>
        <lei>N/A</lei>
        <title>Yurtec Corp</title>
        <cusip>N/A</cusip>
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          <isin value="JP3946200007"/>
          <ticker value="1934"/>
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        <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>Tokai Tokyo Financial Holdings Inc</name>
        <lei>3538009U6UOURH99YH12</lei>
        <title>Tokai Tokyo Financial Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3577600004"/>
          <ticker value="8616"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Toshiba TEC Corp</name>
        <lei>529900BU7UO2N2ITYD43</lei>
        <title>Toshiba TEC Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3594000006"/>
          <ticker value="6588"/>
          <other otherDesc="SEDOL" value="6894887"/>
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        <balance>76600.0000000000</balance>
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        <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>
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      <invstOrSec>
        <name>Topre Corp</name>
        <lei>N/A</lei>
        <title>Topre Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3598200008"/>
          <ticker value="5975"/>
          <other otherDesc="SEDOL" value="6894928"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tobu Railway Co Ltd</name>
        <lei>N/A</lei>
        <title>Tobu Railway Co Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="JP3597800006"/>
          <ticker value="9001"/>
          <other otherDesc="SEDOL" value="6895169"/>
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        <balance>3079800.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>57932744.0600000000</valUSD>
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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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Toho Co Ltd/Kobe</name>
        <lei>N/A</lei>
        <title>Toho Co Ltd/Kobe</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3553200001"/>
          <ticker value="8142"/>
          <other otherDesc="SEDOL" value="6895211"/>
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        <balance>381900.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3403886.5900000000</valUSD>
        <pctVal>0.0166043527</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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tokyo Rope Manufacturing Co Ltd</name>
        <lei>N/A</lei>
        <title>Tokyo Rope Manufacturing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3579400007"/>
          <ticker value="5981"/>
          <other otherDesc="SEDOL" value="6895783"/>
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        <balance>124500.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1515249.7000000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Juki Corp</name>
        <lei>N/A</lei>
        <title>Juki Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3390400004"/>
          <ticker value="6440"/>
          <other otherDesc="SEDOL" value="6895824"/>
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        <balance>153000.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>685996.3200000000</valUSD>
        <pctVal>0.0033463291</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Tokyo Steel Manufacturing Co Ltd</name>
        <lei>N/A</lei>
        <title>Tokyo Steel Manufacturing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3579800008"/>
          <ticker value="5423"/>
          <other otherDesc="SEDOL" value="6895879"/>
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        <balance>26300.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>283297.7800000000</valUSD>
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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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tokyo Energy &amp; Systems Inc</name>
        <lei>N/A</lei>
        <title>Tokyo Energy &amp; Systems Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3585400009"/>
          <ticker value="1945"/>
          <other otherDesc="SEDOL" value="6896043"/>
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        <balance>162500.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2081607.1700000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tokyotokeiba Co Ltd</name>
        <lei>N/A</lei>
        <title>Tokyotokeiba Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3586600003"/>
          <ticker value="9672"/>
          <other otherDesc="SEDOL" value="6896065"/>
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        <balance>136200.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4302495.8900000000</valUSD>
        <pctVal>0.0209878200</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Tomoku Co Ltd</name>
        <lei>353800L6Q5CBPI6NIQ21</lei>
        <title>Tomoku Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3554000004"/>
          <ticker value="3946"/>
          <other otherDesc="SEDOL" value="6896311"/>
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        <balance>137700.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3830476.6200000000</valUSD>
        <pctVal>0.0186852831</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Torishima Pump Manufacturing Co Ltd</name>
        <lei>N/A</lei>
        <title>Torishima Pump Manufacturing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3636600003"/>
          <ticker value="6363"/>
          <other otherDesc="SEDOL" value="6896924"/>
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        <balance>44600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>832233.5500000000</valUSD>
        <pctVal>0.0040596827</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Topy Industries Ltd</name>
        <lei>N/A</lei>
        <title>Topy Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3630200008"/>
          <ticker value="7231"/>
          <other otherDesc="SEDOL" value="6897121"/>
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        <balance>232000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4477759.4600000000</valUSD>
        <pctVal>0.0218427657</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Shibaura Machine Co Ltd</name>
        <lei>529900T7KEXD7VGOFO59</lei>
        <title>Shibaura Machine Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3592600005"/>
          <ticker value="6104"/>
          <other otherDesc="SEDOL" value="6897262"/>
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        <balance>90300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2532716.5900000000</valUSD>
        <pctVal>0.0123547358</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>
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      <invstOrSec>
        <name>Towa Bank Ltd/The</name>
        <lei>3538009WQM5M1AUS0I04</lei>
        <title>Towa Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3622400004"/>
          <ticker value="8558"/>
          <other otherDesc="SEDOL" value="6897905"/>
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        <balance>330200.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Token Corp</name>
        <lei>N/A</lei>
        <title>Token Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3590900001"/>
          <ticker value="1766"/>
          <other otherDesc="SEDOL" value="6898447"/>
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        <balance>8300.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Towa Pharmaceutical Co Ltd</name>
        <lei>35380036BH1C3PNO2426</lei>
        <title>Towa Pharmaceutical Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3623150004"/>
          <ticker value="4553"/>
          <other otherDesc="SEDOL" value="6899581"/>
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        <balance>283000.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Toyo Kanetsu KK</name>
        <lei>353800EG0O6LMB2WP165</lei>
        <title>Toyo Kanetsu KK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3554400006"/>
          <ticker value="6369"/>
          <other otherDesc="SEDOL" value="6899804"/>
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        <balance>76000.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>T RAD Co Ltd</name>
        <lei>N/A</lei>
        <title>T RAD Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3620200000"/>
          <ticker value="7236"/>
          <other otherDesc="SEDOL" value="6899923"/>
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        <balance>317100.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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        <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>Totech Corp</name>
        <lei>N/A</lei>
        <title>Totech Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3595300009"/>
          <ticker value="9960"/>
          <other otherDesc="SEDOL" value="6900096"/>
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        <balance>18500.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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        <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>Elopak ASA</name>
        <lei>529900BIDQN2AOKV6N08</lei>
        <title>Elopak ASA</title>
        <cusip>N/A</cusip>
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          <isin value="NO0011002586"/>
          <ticker value="ELO"/>
          <other otherDesc="SEDOL" value="BMCQVP1"/>
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        <balance>63569.0000000000</balance>
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        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GenusPlus Group Ltd</name>
        <lei>N/A</lei>
        <title>GenusPlus Group Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="AU0000117160"/>
          <ticker value="GNP"/>
          <other otherDesc="SEDOL" value="BMCQZF9"/>
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        <balance>164257.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
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        <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>Rvrc Holding AB</name>
        <lei>549300YU7003VHQV3J57</lei>
        <title>Rvrc Holding AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0015962485"/>
          <ticker value="RVRC"/>
          <other otherDesc="SEDOL" value="BMCR1W1"/>
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        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>12774334.0500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Libra Insurance Co Ltd</name>
        <lei>N/A</lei>
        <title>Libra Insurance Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011769812"/>
          <ticker value="LBRA"/>
          <other otherDesc="SEDOL" value="BMD2H38"/>
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        <balance>4455.0000000000</balance>
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        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>42248.2700000000</valUSD>
        <pctVal>0.0002060895</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Magellan Financial Group Ltd</name>
        <lei>549300X5WFW6USQQ9U26</lei>
        <title>Magellan Financial Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MFG4"/>
          <ticker value="MFG"/>
          <other otherDesc="SEDOL" value="B015YX4"/>
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        <balance>2652344.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>17038908.5600000000</valUSD>
        <pctVal>0.0831167665</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Azimut Holding SpA</name>
        <lei>81560025690EF8540635</lei>
        <title>Azimut Holding SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003261697"/>
          <ticker value="AZM"/>
          <other otherDesc="SEDOL" value="B019M65"/>
        </identifiers>
        <balance>193216.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>8687781.9700000000</valUSD>
        <pctVal>0.0423794953</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Super Retail Group Ltd</name>
        <lei>9845001C5140A8CK7D81</lei>
        <title>Super Retail Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SUL0"/>
          <ticker value="SUL"/>
          <other otherDesc="SEDOL" value="B01C7R0"/>
        </identifiers>
        <balance>4210448.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>40510040.3600000000</valUSD>
        <pctVal>0.1976102843</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dah Sing Banking Group Ltd</name>
        <lei>529900DXBMKJOLLQOM66</lei>
        <title>Dah Sing Banking Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK2356013600"/>
          <ticker value="2356"/>
          <other otherDesc="SEDOL" value="B01G0P1"/>
        </identifiers>
        <balance>521600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>956137.9900000000</valUSD>
        <pctVal>0.0046640956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nissan Shatai Co Ltd</name>
        <lei>N/A</lei>
        <title>Nissan Shatai Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3672000001"/>
          <ticker value="7222"/>
          <other otherDesc="SEDOL" value="6642901"/>
        </identifiers>
        <balance>531200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3068871.9500000000</valUSD>
        <pctVal>0.0149701322</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>Nisshinbo Holdings Inc</name>
        <lei>353800YAM89GL5GPHB47</lei>
        <title>Nisshinbo Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3678000005"/>
          <ticker value="3105"/>
          <other otherDesc="SEDOL" value="6642923"/>
        </identifiers>
        <balance>1240800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>17706205.9400000000</valUSD>
        <pctVal>0.0863718811</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>Tazmo Co Ltd</name>
        <lei>N/A</lei>
        <title>Tazmo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3468000009"/>
          <ticker value="6266"/>
          <other otherDesc="SEDOL" value="B01GKS4"/>
        </identifiers>
        <balance>221000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4820660.3400000000</valUSD>
        <pctVal>0.0235154557</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>Note AB</name>
        <lei>54930038JVQ3CMTEO084</lei>
        <title>Note AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0001161654"/>
          <ticker value="NOTE"/>
          <other otherDesc="SEDOL" value="B01GRL6"/>
        </identifiers>
        <balance>199198.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>3467770.2200000000</valUSD>
        <pctVal>0.0169159807</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nishi-Nippon Railroad Co Ltd</name>
        <lei>353800IYLMHYH4972387</lei>
        <title>Nishi-Nippon Railroad Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3658800002"/>
          <ticker value="9031"/>
          <other otherDesc="SEDOL" value="6642967"/>
        </identifiers>
        <balance>781200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>15262060.6100000000</valUSD>
        <pctVal>0.0744492010</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>Nittoc Construction Co Ltd</name>
        <lei>N/A</lei>
        <title>Nittoc Construction Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3684800000"/>
          <ticker value="1929"/>
          <other otherDesc="SEDOL" value="6643175"/>
        </identifiers>
        <balance>112500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>845940.5700000000</valUSD>
        <pctVal>0.0041265463</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>Strike Energy Ltd</name>
        <lei>549300OV1EXGL032Q465</lei>
        <title>Strike Energy Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000STX7"/>
          <ticker value="STX"/>
          <other otherDesc="SEDOL" value="B01NQF4"/>
        </identifiers>
        <balance>192658.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>15860.4600000000</valUSD>
        <pctVal>0.0000773682</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Peet Ltd</name>
        <lei>N/A</lei>
        <title>Peet Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000PPC5"/>
          <ticker value="PPC"/>
          <other otherDesc="SEDOL" value="B01QLP8"/>
        </identifiers>
        <balance>854847.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>1162425.0300000000</valUSD>
        <pctVal>0.0056703755</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Adesso SE</name>
        <lei>529900KOICE97ZSA1O52</lei>
        <title>Adesso SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A0Z23Q5"/>
          <ticker value="ADN1"/>
          <other otherDesc="SEDOL" value="5990623"/>
        </identifiers>
        <balance>11156.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>825979.2000000000</valUSD>
        <pctVal>0.0040291736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Television Francaise 1 SA</name>
        <lei>969500WQFC6OAQYG7E65</lei>
        <title>Television Francaise 1 SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000054900"/>
          <ticker value="TFI"/>
          <other otherDesc="SEDOL" value="5997118"/>
        </identifiers>
        <balance>1722697.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>13654212.4900000000</valUSD>
        <pctVal>0.0666060263</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sa Sa International Holdings Ltd</name>
        <lei>529900BAE9P80ACWLV78</lei>
        <title>Sa Sa International Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG7814S1021"/>
          <ticker value="178"/>
          <other otherDesc="SEDOL" value="6003401"/>
        </identifiers>
        <balance>7100000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>882539.6600000000</valUSD>
        <pctVal>0.0043050787</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aichi Steel Corp</name>
        <lei>353800P9OWOVHHY4ML18</lei>
        <title>Aichi Steel Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3103600007"/>
          <ticker value="5482"/>
          <other otherDesc="SEDOL" value="6010207"/>
        </identifiers>
        <balance>778500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>15867352.7900000000</valUSD>
        <pctVal>0.0774018507</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>Aisan Industry Co Ltd</name>
        <lei>N/A</lei>
        <title>Aisan Industry Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3101600009"/>
          <ticker value="7283"/>
          <other otherDesc="SEDOL" value="6010649"/>
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        <balance>789500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>11720834.5100000000</valUSD>
        <pctVal>0.0571748983</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>Akita Bank Ltd/The</name>
        <lei>353800N5LZ62LYDUOK89</lei>
        <title>Akita Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3107600003"/>
          <ticker value="8343"/>
          <other otherDesc="SEDOL" value="6011653"/>
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        <balance>28300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1581462.3300000000</valUSD>
        <pctVal>0.0077144633</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>Airport Facilities Co Ltd</name>
        <lei>3538003U8FJWNCO7VZ82</lei>
        <title>Airport Facilities Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3266050008"/>
          <ticker value="8864"/>
          <other otherDesc="SEDOL" value="6012742"/>
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        <balance>2000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>12093.2400000000</valUSD>
        <pctVal>0.0000589915</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>Alony Hetz Properties &amp; Investments Ltd</name>
        <lei>213800PNXOBRJDRRDC27</lei>
        <title>Alony Hetz Properties &amp; Investments Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0003900136"/>
          <ticker value="ALHE"/>
          <other otherDesc="SEDOL" value="6013154"/>
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        <balance>678873.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>7235921.1100000000</valUSD>
        <pctVal>0.0352972353</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>Alkane Resources Ltd</name>
        <lei>529900R65IIVLPW4ZS42</lei>
        <title>Alkane Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ALK9"/>
          <ticker value="ALK"/>
          <other otherDesc="SEDOL" value="6014027"/>
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        <balance>1003156.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>1363179.7700000000</valUSD>
        <pctVal>0.0066496686</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hong Kong Technology Venture Co Ltd</name>
        <lei>N/A</lei>
        <title>Hong Kong Technology Venture Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0000065349"/>
          <ticker value="1137"/>
          <other otherDesc="SEDOL" value="6019356"/>
        </identifiers>
        <balance>484000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>62943.6200000000</valUSD>
        <pctVal>0.0003070426</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aiphone Co Ltd</name>
        <lei>N/A</lei>
        <title>Aiphone Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3105050003"/>
          <ticker value="6718"/>
          <other otherDesc="SEDOL" value="6021492"/>
        </identifiers>
        <balance>500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>8953.2400000000</valUSD>
        <pctVal>0.0000436744</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>Alps Alpine Co Ltd</name>
        <lei>529900PWNU4ASLY9VI90</lei>
        <title>Alps Alpine Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3126400005"/>
          <ticker value="6770"/>
          <other otherDesc="SEDOL" value="6021500"/>
        </identifiers>
        <balance>5347600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>75070003.2700000000</valUSD>
        <pctVal>0.3661957519</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>Analyst IMS Investment Management Services Ltd</name>
        <lei>213800KE1OSEM7JCPP33</lei>
        <title>Analyst IMS Investment Management Services Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010806136"/>
          <ticker value="ANLT"/>
          <other otherDesc="SEDOL" value="6031491"/>
        </identifiers>
        <balance>17195.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>786196.2400000000</valUSD>
        <pctVal>0.0038351100</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>
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      </invstOrSec>
      <invstOrSec>
        <name>G-7 Holdings Inc</name>
        <lei>N/A</lei>
        <title>G-7 Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3172450003"/>
          <ticker value="7508"/>
          <other otherDesc="SEDOL" value="6034188"/>
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        <balance>1400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>12675.0200000000</valUSD>
        <pctVal>0.0000618295</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Cresco Ltd</name>
        <lei>N/A</lei>
        <title>Cresco Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3271100004"/>
          <ticker value="4674"/>
          <other otherDesc="SEDOL" value="6036009"/>
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        <balance>600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>7714.9600000000</valUSD>
        <pctVal>0.0000376340</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Nichirin Co Ltd</name>
        <lei>353800HY7V19A1YROF75</lei>
        <title>Nichirin Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3665000000"/>
          <ticker value="5184"/>
          <other otherDesc="SEDOL" value="6037080"/>
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        <balance>6300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>164290.6000000000</valUSD>
        <pctVal>0.0008014189</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>
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      </invstOrSec>
      <invstOrSec>
        <name>AEON Financial Service Co Ltd</name>
        <lei>35380044PRFENBU7WT74</lei>
        <title>AEON Financial Service Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3131400008"/>
          <ticker value="8570"/>
          <other otherDesc="SEDOL" value="6037734"/>
        </identifiers>
        <balance>3172800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>33149168.2800000000</valUSD>
        <pctVal>0.1617035310</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Bando Chemical Industries Ltd</name>
        <lei>N/A</lei>
        <title>Bando Chemical Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3779000003"/>
          <ticker value="5195"/>
          <other otherDesc="SEDOL" value="6075068"/>
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        <balance>447300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>6976137.0000000000</valUSD>
        <pctVal>0.0340299936</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>
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      </invstOrSec>
      <invstOrSec>
        <name>INFRONEER Holdings Inc</name>
        <lei>353800G6TWA2W0MY9K16</lei>
        <title>INFRONEER Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3153850007"/>
          <ticker value="5076"/>
          <other otherDesc="SEDOL" value="BLGYFQ3"/>
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        <balance>3009800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>53609592.3000000000</valUSD>
        <pctVal>0.2615106448</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>Yamae Group Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Yamae Group Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3934350004"/>
          <ticker value="7130"/>
          <other otherDesc="SEDOL" value="BLGY262"/>
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        <balance>439600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>7862109.9700000000</valUSD>
        <pctVal>0.0383518203</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Medmix AG</name>
        <lei>N/A</lei>
        <title>Medmix AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH1129677105"/>
          <ticker value="MEDX"/>
          <other otherDesc="SEDOL" value="BNZGVK0"/>
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        <balance>809.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>9027.8100000000</valUSD>
        <pctVal>0.0000440382</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Sanwayuka Industry Corp</name>
        <lei>N/A</lei>
        <title>Sanwayuka Industry Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3345520005"/>
          <ticker value="4125"/>
          <other otherDesc="SEDOL" value="BN6PSK5"/>
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        <balance>100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2337.3900000000</valUSD>
        <pctVal>0.0000114019</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>
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      </invstOrSec>
      <invstOrSec>
        <name>NANKAI Co Ltd</name>
        <lei>N/A</lei>
        <title>NANKAI Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3653000004"/>
          <ticker value="9044"/>
          <other otherDesc="SEDOL" value="6621472"/>
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        <balance>663700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>12886823.8100000000</valUSD>
        <pctVal>0.0628626606</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Nankai Tatsumura Construction Co Ltd</name>
        <lei>N/A</lei>
        <title>Nankai Tatsumura Construction Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3652600002"/>
          <ticker value="1850"/>
          <other otherDesc="SEDOL" value="6621483"/>
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        <balance>6700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>17972.0100000000</valUSD>
        <pctVal>0.0000876685</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Nanto Bank Ltd/The</name>
        <lei>353800923E4YW3IDES52</lei>
        <title>Nanto Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3653400006"/>
          <ticker value="8367"/>
          <other otherDesc="SEDOL" value="6621524"/>
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        <balance>1597000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>19613587.4400000000</valUSD>
        <pctVal>0.0956761967</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Naphtha Israel Petroleum Corp Ltd</name>
        <lei>N/A</lei>
        <title>Naphtha Israel Petroleum Corp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0006430156"/>
          <ticker value="NFTA"/>
          <other otherDesc="SEDOL" value="6621966"/>
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        <balance>10408.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>83356.1500000000</valUSD>
        <pctVal>0.0004066160</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Modec Inc</name>
        <lei>N/A</lei>
        <title>Modec Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3888250002"/>
          <ticker value="6269"/>
          <other otherDesc="SEDOL" value="6622806"/>
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        <balance>223900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>13541469.2200000000</valUSD>
        <pctVal>0.0660560582</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>
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      </invstOrSec>
      <invstOrSec>
        <name>El Al Israel Airlines Ltd</name>
        <lei>549300TW18OUVFDCDP95</lei>
        <title>El Al Israel Airlines Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010878242"/>
          <ticker value="ELAL"/>
          <other otherDesc="SEDOL" value="6632140"/>
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        <balance>4348009.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>24784922.2800000000</valUSD>
        <pctVal>0.1209022626</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>
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      </invstOrSec>
      <invstOrSec>
        <name>North West Co Inc/The</name>
        <lei>254900VT1HQAZR3IVM76</lei>
        <title>North West Co Inc/The</title>
        <cusip>663278208</cusip>
        <identifiers>
          <isin value="CA6632782083"/>
          <ticker value="NWC"/>
          <other otherDesc="SEDOL" value="BZ3FZR8"/>
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        <balance>503780.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>17647475.7400000000</valUSD>
        <pctVal>0.0860853918</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>
      <invstOrSec>
        <name>Nippon Kodoshi Corp</name>
        <lei>N/A</lei>
        <title>Nippon Kodoshi Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3707000000"/>
          <ticker value="3891"/>
          <other otherDesc="SEDOL" value="6636733"/>
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        <balance>41500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1733354.5500000000</valUSD>
        <pctVal>0.0084554022</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Nishio Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Nishio Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3657500009"/>
          <ticker value="9699"/>
          <other otherDesc="SEDOL" value="6638320"/>
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        <balance>573600.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>16642426.3800000000</valUSD>
        <pctVal>0.0811827038</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Nichicon Corp</name>
        <lei>353800QK5U8ET4YJHF28</lei>
        <title>Nichicon Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3661800007"/>
          <ticker value="6996"/>
          <other otherDesc="SEDOL" value="6638546"/>
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        <balance>420800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>7202503.5200000000</valUSD>
        <pctVal>0.0351342224</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>Nichimo Co Ltd</name>
        <lei>N/A</lei>
        <title>Nichimo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3664400003"/>
          <ticker value="8091"/>
          <other otherDesc="SEDOL" value="6638580"/>
        </identifiers>
        <balance>900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>13765.6800000000</valUSD>
        <pctVal>0.0000671498</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>Nichireki Group Co Ltd</name>
        <lei>N/A</lei>
        <title>Nichireki Group Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3665600007"/>
          <ticker value="5011"/>
          <other otherDesc="SEDOL" value="6638687"/>
        </identifiers>
        <balance>14700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>206431.0300000000</valUSD>
        <pctVal>0.0010069823</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>Nikkiso Co Ltd</name>
        <lei>353800FFQ5RKIIYVIY98</lei>
        <title>Nikkiso Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3668000007"/>
          <ticker value="6376"/>
          <other otherDesc="SEDOL" value="6639947"/>
        </identifiers>
        <balance>809800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>18955608.1500000000</valUSD>
        <pctVal>0.0924665362</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>Nihon Seiko Co Ltd</name>
        <lei>N/A</lei>
        <title>Nihon Seiko Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3721000002"/>
          <ticker value="5729"/>
          <other otherDesc="SEDOL" value="6640002"/>
        </identifiers>
        <balance>2500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>29417.8800000000</valUSD>
        <pctVal>0.0001435021</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>Bewith Inc</name>
        <lei>N/A</lei>
        <title>Bewith Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3799670009"/>
          <ticker value="9216"/>
          <other otherDesc="SEDOL" value="BPVBJX2"/>
        </identifiers>
        <balance>3200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>34458.8500000000</valUSD>
        <pctVal>0.0001680922</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>Odfjell Technology Ltd</name>
        <lei>529900ZYHGCPTAD1R169</lei>
        <title>Odfjell Technology Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG6716L1081"/>
          <ticker value="OTL"/>
          <other otherDesc="SEDOL" value="BJLL3Y9"/>
        </identifiers>
        <balance>1583.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>10010.7600000000</valUSD>
        <pctVal>0.0000488331</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nikko Co Ltd/Hyogo</name>
        <lei>N/A</lei>
        <title>Nikko Co Ltd/Hyogo</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3669200002"/>
          <ticker value="6306"/>
          <other otherDesc="SEDOL" value="6640273"/>
        </identifiers>
        <balance>28800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>183492.8900000000</valUSD>
        <pctVal>0.0008950888</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>Okura Industrial Co Ltd</name>
        <lei>N/A</lei>
        <title>Okura Industrial Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3178400002"/>
          <ticker value="4221"/>
          <other otherDesc="SEDOL" value="6657886"/>
        </identifiers>
        <balance>33100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1182554.0400000000</valUSD>
        <pctVal>0.0057685660</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>Oil Refineries Ltd</name>
        <lei>213800CWUC7NV7VR3D03</lei>
        <title>Oil Refineries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0025902482"/>
          <ticker value="ORL"/>
          <other otherDesc="SEDOL" value="B1S0581"/>
        </identifiers>
        <balance>66202385.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>46876212.8800000000</valUSD>
        <pctVal>0.2286648365</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>SKY Perfect JSAT Corp</name>
        <lei>5299009SAF34W9TVEF26</lei>
        <title>SKY Perfect JSAT Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3396350005"/>
          <ticker value="9412"/>
          <other otherDesc="SEDOL" value="B1TK234"/>
        </identifiers>
        <balance>945700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>12330230.1200000000</valUSD>
        <pctVal>0.0601475648</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>Okasan Securities Group Inc</name>
        <lei>N/A</lei>
        <title>Okasan Securities Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3190800007"/>
          <ticker value="8609"/>
          <other otherDesc="SEDOL" value="6657949"/>
        </identifiers>
        <balance>368400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2834976.4600000000</valUSD>
        <pctVal>0.0138291766</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>Okuwa Co Ltd</name>
        <lei>N/A</lei>
        <title>Okuwa Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3172150009"/>
          <ticker value="8217"/>
          <other otherDesc="SEDOL" value="6657950"/>
        </identifiers>
        <balance>67600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>338388.4600000000</valUSD>
        <pctVal>0.0016506782</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>Hilton Food Group PLC</name>
        <lei>213800JY7VJFS2OOX355</lei>
        <title>Hilton Food Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1V9NW54"/>
          <ticker value="HFG"/>
          <other otherDesc="SEDOL" value="B1V9NW5"/>
        </identifiers>
        <balance>1519725.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>13039223.9000000000</valUSD>
        <pctVal>0.0636060769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Drax Group PLC</name>
        <lei>549300YPSNTXR4ZHSR98</lei>
        <title>Drax Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1VNSX38"/>
          <ticker value="DRX"/>
          <other otherDesc="SEDOL" value="B1VNSX3"/>
        </identifiers>
        <balance>8333266.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>87199439.4100000000</valUSD>
        <pctVal>0.4253638322</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mamiya-Op Co Ltd</name>
        <lei>N/A</lei>
        <title>Mamiya-Op Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3870300005"/>
          <ticker value="7991"/>
          <other otherDesc="SEDOL" value="6658704"/>
        </identifiers>
        <balance>2000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>13575.4800000000</valUSD>
        <pctVal>0.0000662220</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>Transcosmos Inc</name>
        <lei>353800AAR1GYRFDRTV97</lei>
        <title>Transcosmos Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3635700002"/>
          <ticker value="9715"/>
          <other otherDesc="SEDOL" value="6900955"/>
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        <balance>115200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2679745.3200000000</valUSD>
        <pctVal>0.0130719503</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>Sligro Food Group NV</name>
        <lei>724500YLB8OA6WK5CH48</lei>
        <title>Sligro Food Group NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000817179"/>
          <ticker value="SLIGR"/>
          <other otherDesc="SEDOL" value="B1VV9V2"/>
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        <balance>305534.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>3744441.8300000000</valUSD>
        <pctVal>0.0182656005</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Deutsche Rohstoff AG</name>
        <lei>529900NNSQCX28FWBW79</lei>
        <title>Deutsche Rohstoff AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A0XYG76"/>
          <ticker value="DR0"/>
          <other otherDesc="SEDOL" value="B1VVKT7"/>
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        <balance>127834.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>12829279.3500000000</valUSD>
        <pctVal>0.0625819554</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kendrion NV</name>
        <lei>724500IGR5FBK0RLZI29</lei>
        <title>Kendrion NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000852531"/>
          <ticker value="KENDR"/>
          <other otherDesc="SEDOL" value="B1VYCB2"/>
        </identifiers>
        <balance>85885.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>1956114.7400000000</valUSD>
        <pctVal>0.0095420391</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Unicaja Banco SA</name>
        <lei>5493007SJLLCTM6J6M37</lei>
        <title>Unicaja Banco SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0180907000"/>
          <ticker value="UNI"/>
          <other otherDesc="SEDOL" value="BH4H4H0"/>
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        <balance>6323525.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>25881978.7300000000</valUSD>
        <pctVal>0.1262537665</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RH PetroGas Ltd</name>
        <lei>N/A</lei>
        <title>RH PetroGas Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1H00001443"/>
          <ticker value="RHP"/>
          <other otherDesc="SEDOL" value="6904270"/>
        </identifiers>
        <balance>8637800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>1110546.1300000000</valUSD>
        <pctVal>0.0054173073</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>Ovintiv Inc</name>
        <lei>2549003MEX7YMKLGI239</lei>
        <title>Ovintiv Inc</title>
        <cusip>69047Q102</cusip>
        <identifiers>
          <isin value="US69047Q1022"/>
          <ticker value="OVV"/>
          <other otherDesc="SEDOL" value="BL3GRC2"/>
        </identifiers>
        <balance>446023.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>29314358.4300000000</valUSD>
        <pctVal>0.1429971101</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>Orora Ltd</name>
        <lei>549300WFEQJK35VDF789</lei>
        <title>Orora Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ORA8"/>
          <ticker value="ORA"/>
          <other otherDesc="SEDOL" value="BH4TCW7"/>
        </identifiers>
        <balance>19841774.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>20725745.0900000000</valUSD>
        <pctVal>0.1011013651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Viaplay Group AB</name>
        <lei>5493006E0IJD0DHJSR89</lei>
        <title>Viaplay Group AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0012116390"/>
          <ticker value="VPLAYB"/>
          <other otherDesc="SEDOL" value="BHWV258"/>
        </identifiers>
        <balance>880810.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>121802.2300000000</valUSD>
        <pctVal>0.0005941582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Truly International Holdings Ltd</name>
        <lei>5299001RDHF8VP5IW690</lei>
        <title>Truly International Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG910191363"/>
          <ticker value="732"/>
          <other otherDesc="SEDOL" value="6905745"/>
        </identifiers>
        <balance>718000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>76791.6400000000</valUSD>
        <pctVal>0.0003745940</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tsubakimoto Chain Co</name>
        <lei>N/A</lei>
        <title>Tsubakimoto Chain Co</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3535400000"/>
          <ticker value="6371"/>
          <other otherDesc="SEDOL" value="6906704"/>
        </identifiers>
        <balance>580700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>9836369.4000000000</valUSD>
        <pctVal>0.0479823702</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tsugami Corp</name>
        <lei>N/A</lei>
        <title>Tsugami Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3531800005"/>
          <ticker value="6101"/>
          <other otherDesc="SEDOL" value="6906760"/>
        </identifiers>
        <balance>916000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>30197451.0700000000</valUSD>
        <pctVal>0.1473048863</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>Tsuzuki Denki Co Ltd</name>
        <lei>3538008A8ICJLVI54474</lei>
        <title>Tsuzuki Denki Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3533800003"/>
          <ticker value="8157"/>
          <other otherDesc="SEDOL" value="6906975"/>
        </identifiers>
        <balance>17300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>462524.6700000000</valUSD>
        <pctVal>0.0022562217</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>Isracard Ltd</name>
        <lei>N/A</lei>
        <title>Isracard Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011574030"/>
          <ticker value="ISCD"/>
          <other otherDesc="SEDOL" value="BJ0CJC3"/>
        </identifiers>
        <balance>740489.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>2800074.4700000000</valUSD>
        <pctVal>0.0136589228</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>Man Group PLC/Jersey</name>
        <lei>2549003YWC1DW6LALB09</lei>
        <title>Man Group PLC/Jersey</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JE00BJ1DLW90"/>
          <ticker value="EMG"/>
          <other otherDesc="SEDOL" value="BJ1DLW9"/>
        </identifiers>
        <balance>6664452.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>27644011.1100000000</valUSD>
        <pctVal>0.1348490608</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Stadler Rail AG</name>
        <lei>506700781XDET0A89669</lei>
        <title>Stadler Rail AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0002178181"/>
          <ticker value="SRAIL"/>
          <other otherDesc="SEDOL" value="BJ7HN18"/>
        </identifiers>
        <balance>271290.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>10010653.6900000000</valUSD>
        <pctVal>0.0488325389</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Watches of Switzerland Group PLC</name>
        <lei>2138008ZOT5K9PJW7168</lei>
        <title>Watches of Switzerland Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BJDQQ870"/>
          <ticker value="WOSG"/>
          <other otherDesc="SEDOL" value="BJDQQ87"/>
        </identifiers>
        <balance>2757386.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>26438029.5000000000</valUSD>
        <pctVal>0.1289662138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Baytex Energy Corp</name>
        <lei>549300R5LTV2H7I1I079</lei>
        <title>Baytex Energy Corp</title>
        <cusip>07317Q105</cusip>
        <identifiers>
          <isin value="CA07317Q1054"/>
          <ticker value="BTE"/>
          <other otherDesc="SEDOL" value="B4VGVM3"/>
        </identifiers>
        <balance>15185141.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>73737147.0300000000</valUSD>
        <pctVal>0.3596940032</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Sindall Group PLC</name>
        <lei>2138008339ULDGZRB345</lei>
        <title>Morgan Sindall Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0008085614"/>
          <ticker value="MGNS"/>
          <other otherDesc="SEDOL" value="0808561"/>
        </identifiers>
        <balance>86614.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>5124492.4100000000</valUSD>
        <pctVal>0.0249975659</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Serverworks Co Ltd</name>
        <lei>N/A</lei>
        <title>Serverworks Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3310250000"/>
          <ticker value="4434"/>
          <other otherDesc="SEDOL" value="BJFM6W7"/>
        </identifiers>
        <balance>9600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>156989.3000000000</valUSD>
        <pctVal>0.0007658027</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>Tai Hing Group Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Tai Hing Group Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG866191060"/>
          <ticker value="6811"/>
          <other otherDesc="SEDOL" value="BJGSTX6"/>
        </identifiers>
        <balance>87000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>16800.0300000000</valUSD>
        <pctVal>0.0000819515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TT Electronics plc</name>
        <lei>213800TJGBW5VFHQEV54</lei>
        <title>TT Electronics plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0008711763"/>
          <ticker value="TTG"/>
          <other otherDesc="SEDOL" value="0871176"/>
        </identifiers>
        <balance>276678.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>504763.8600000000</valUSD>
        <pctVal>0.0024622669</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Birchcliff Energy Ltd</name>
        <lei>5493000BBN3EF2L0XW29</lei>
        <title>Birchcliff Energy Ltd</title>
        <cusip>090697103</cusip>
        <identifiers>
          <isin value="CA0906971035"/>
          <ticker value="BIR"/>
          <other otherDesc="SEDOL" value="B0B55N1"/>
        </identifiers>
        <balance>3581602.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>16874967.3900000000</valUSD>
        <pctVal>0.0823170521</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ninety One PLC</name>
        <lei>549300G0TJCT3K15ZG14</lei>
        <title>Ninety One PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BJHPLV88"/>
          <ticker value="N91"/>
          <other otherDesc="SEDOL" value="BJHPLV8"/>
        </identifiers>
        <balance>3154429.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>9140914.2500000000</valUSD>
        <pctVal>0.0445899004</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SERENDIP HOLDINGS Co Ltd</name>
        <lei>N/A</lei>
        <title>SERENDIP HOLDINGS Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3423750003"/>
          <ticker value="7318"/>
          <other otherDesc="SEDOL" value="BJQTWX0"/>
        </identifiers>
        <balance>100300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>917505.5800000000</valUSD>
        <pctVal>0.0044756445</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>Bird Construction Inc</name>
        <lei>549300P1WGG3QPKID017</lei>
        <title>Bird Construction Inc</title>
        <cusip>09076P104</cusip>
        <identifiers>
          <isin value="CA09076P1045"/>
          <ticker value="BDT"/>
          <other otherDesc="SEDOL" value="B6621M0"/>
        </identifiers>
        <balance>89922.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>4392452.4000000000</valUSD>
        <pctVal>0.0214266330</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Victrex PLC</name>
        <lei>213800UYNPHAUNHPXL67</lei>
        <title>Victrex PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0009292243"/>
          <ticker value="VCT"/>
          <other otherDesc="SEDOL" value="0929224"/>
        </identifiers>
        <balance>448041.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>5081913.9100000000</valUSD>
        <pctVal>0.0247898655</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AO World PLC</name>
        <lei>2138005FFOAJIUZY4375</lei>
        <title>AO World PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BJTNFH41"/>
          <ticker value="AO/"/>
          <other otherDesc="SEDOL" value="BJTNFH4"/>
        </identifiers>
        <balance>926323.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>1203422.7500000000</valUSD>
        <pctVal>0.0058703647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daikyonishikawa Corp</name>
        <lei>N/A</lei>
        <title>Daikyonishikawa Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3481300006"/>
          <ticker value="4246"/>
          <other otherDesc="SEDOL" value="BJVSF22"/>
        </identifiers>
        <balance>630200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4494834.1600000000</valUSD>
        <pctVal>0.0219260571</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>IQE PLC</name>
        <lei>213800Y33WHD3ESJJP16</lei>
        <title>IQE PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0009619924"/>
          <ticker value="IQE"/>
          <other otherDesc="SEDOL" value="0961992"/>
        </identifiers>
        <balance>33316748.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>21631167.4800000000</valUSD>
        <pctVal>0.1055180671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bonterra Energy Corp</name>
        <lei>529900VJOU2CH2WZ6949</lei>
        <title>Bonterra Energy Corp</title>
        <cusip>098546104</cusip>
        <identifiers>
          <isin value="CA0985461049"/>
          <ticker value="BNE"/>
          <other otherDesc="SEDOL" value="B3K3G89"/>
        </identifiers>
        <balance>16299.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>70678.5900000000</valUSD>
        <pctVal>0.0003447742</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gulf Marine Services PLC</name>
        <lei>213800IGS2QE89SAJF77</lei>
        <title>Gulf Marine Services PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BJVWTM27"/>
          <ticker value="GMS"/>
          <other otherDesc="SEDOL" value="BJVWTM2"/>
        </identifiers>
        <balance>2359968.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>581378.0400000000</valUSD>
        <pctVal>0.0028359952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>M Yochananof &amp; Sons Ltd</name>
        <lei>N/A</lei>
        <title>M Yochananof &amp; Sons Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011612640"/>
          <ticker value="YHNF"/>
          <other otherDesc="SEDOL" value="BK6FDL0"/>
        </identifiers>
        <balance>35494.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>4056652.5500000000</valUSD>
        <pctVal>0.0197885822</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>Gurit Holding AG</name>
        <lei>529900VOD3V5IBEW8G44</lei>
        <title>Gurit Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH1173567111"/>
          <ticker value="GURN"/>
          <other otherDesc="SEDOL" value="BM8J4W2"/>
        </identifiers>
        <balance>28300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>1704932.8100000000</valUSD>
        <pctVal>0.0083167594</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JD Sports Fashion PLC</name>
        <lei>213800HROV6Y9MUU8375</lei>
        <title>JD Sports Fashion PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BM8Q5M07"/>
          <ticker value="JD/"/>
          <other otherDesc="SEDOL" value="BM8Q5M0"/>
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        <balance>49989713.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>57969363.7900000000</valUSD>
        <pctVal>0.2827778584</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AIC Mines Ltd</name>
        <lei>5299003P1FAL4U4Y9G52</lei>
        <title>AIC Mines Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000049033"/>
          <ticker value="A1M"/>
          <other otherDesc="SEDOL" value="BK9PVF7"/>
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        <balance>8919154.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>5168866.5400000000</valUSD>
        <pctVal>0.0252140254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AltynGold PLC</name>
        <lei>213800MELPBPHIR1PO04</lei>
        <title>AltynGold PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BMH19X50"/>
          <ticker value="ALTN"/>
          <other otherDesc="SEDOL" value="BMH19X5"/>
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        <balance>136719.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>2337111.5200000000</valUSD>
        <pctVal>0.0114005631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Louis Hachette Group</name>
        <lei>969500CV8XQ2XKU2DO25</lei>
        <title>Louis Hachette Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400TL40"/>
          <ticker value="ALHG"/>
          <other otherDesc="SEDOL" value="BM8X1W3"/>
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        <balance>781357.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>1622502.9600000000</valUSD>
        <pctVal>0.0079146619</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AustAsia Group Ltd</name>
        <lei>N/A</lei>
        <title>AustAsia Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXZ22466619"/>
          <ticker value="2425"/>
          <other otherDesc="SEDOL" value="BM8X3Q1"/>
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        <balance>564732.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>125484.6300000000</valUSD>
        <pctVal>0.0006121212</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>Valeura Energy Inc</name>
        <lei>2549003ZBCOPPO06GY48</lei>
        <title>Valeura Energy Inc</title>
        <cusip>919144402</cusip>
        <identifiers>
          <isin value="CA9191444020"/>
          <ticker value="VLE"/>
          <other otherDesc="SEDOL" value="B5YGG00"/>
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        <balance>1231023.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>12044209.3000000000</valUSD>
        <pctVal>0.0587523390</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Vermilion Energy Inc</name>
        <lei>WT03B8BB1IX8WI9ZGV02</lei>
        <title>Vermilion Energy Inc</title>
        <cusip>923725105</cusip>
        <identifiers>
          <isin value="CA9237251058"/>
          <ticker value="VET"/>
          <other otherDesc="SEDOL" value="B607XS1"/>
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        <balance>3958778.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>50757592.3100000000</valUSD>
        <pctVal>0.2475984264</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>
      <invstOrSec>
        <name>Wajax Corp</name>
        <lei>N/A</lei>
        <title>Wajax Corp</title>
        <cusip>930783105</cusip>
        <identifiers>
          <isin value="CA9307831052"/>
          <ticker value="WJX"/>
          <other otherDesc="SEDOL" value="B66T819"/>
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        <balance>270529.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>5807018.8300000000</valUSD>
        <pctVal>0.0283269686</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>
      <invstOrSec>
        <name>Wesdome Gold Mines Ltd</name>
        <lei>254900D63U62QS84H719</lei>
        <title>Wesdome Gold Mines Ltd</title>
        <cusip>95083R100</cusip>
        <identifiers>
          <isin value="CA95083R1001"/>
          <ticker value="WDO"/>
          <other otherDesc="SEDOL" value="B0Y90N5"/>
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        <balance>2058997.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>49352343.4000000000</valUSD>
        <pctVal>0.2407435422</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>
      <invstOrSec>
        <name>West Fraser Timber Co Ltd</name>
        <lei>5493005WD1ZK6WBVR988</lei>
        <title>West Fraser Timber Co Ltd</title>
        <cusip>952845105</cusip>
        <identifiers>
          <isin value="CA9528451052"/>
          <ticker value="WFG"/>
          <other otherDesc="SEDOL" value="2951098"/>
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        <balance>47.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
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        <pctVal>0.0000156226</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>
      <invstOrSec>
        <name>Kalmar Oyj</name>
        <lei>636700Z25ZQXLMZ3CY73</lei>
        <title>Kalmar Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000571054"/>
          <ticker value="KALMAR"/>
          <other otherDesc="SEDOL" value="BT19600"/>
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        <balance>333757.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Alliance Aviation Services Ltd</name>
        <lei>N/A</lei>
        <title>Alliance Aviation Services Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000487464"/>
          <ticker value="AQZAL"/>
          <other otherDesc="SEDOL" value="BNNM6Z0"/>
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        <balance>23972.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
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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>Westshore Terminals Investment Corp</name>
        <lei>549300IERWRM7D8GK487</lei>
        <title>Westshore Terminals Investment Corp</title>
        <cusip>96145A200</cusip>
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          <isin value="CA96145A2002"/>
          <ticker value="WTE"/>
          <other otherDesc="SEDOL" value="B8KB138"/>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
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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>Whitecap Resources Inc</name>
        <lei>894500UA4G4BTB67II45</lei>
        <title>Whitecap Resources Inc</title>
        <cusip>96467A200</cusip>
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          <isin value="CA96467A2002"/>
          <ticker value="WCP"/>
          <other otherDesc="SEDOL" value="B418WK4"/>
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        <balance>5899398.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>76448059.5100000000</valUSD>
        <pctVal>0.3729179887</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>
      <invstOrSec>
        <name>AT&amp;S Austria Technologie &amp; Systemtechnik AG</name>
        <lei>529900EVOKN4LCCD9321</lei>
        <title>AT&amp;S Austria Technologie &amp; Systemtechnik AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000969985"/>
          <ticker value="ATS"/>
          <other otherDesc="SEDOL" value="B2RK5K1"/>
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        <balance>1247315.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>222639453.4000000000</valUSD>
        <pctVal>1.0860479350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</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>SKAN Group AG</name>
        <lei>506700N25H370ZSEFR11</lei>
        <title>SKAN Group AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0013396012"/>
          <ticker value="SKAN"/>
          <other otherDesc="SEDOL" value="B01TB35"/>
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        <balance>4164.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>332542.2800000000</valUSD>
        <pctVal>0.0016221602</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Capital Ltd</name>
        <lei>213800XG175G91JW8W37</lei>
        <title>Capital Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG022411000"/>
          <ticker value="CAPD"/>
          <other otherDesc="SEDOL" value="B58PK89"/>
        </identifiers>
        <balance>102062.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>156536.1700000000</valUSD>
        <pctVal>0.0007635924</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TOKAI Holdings Corp</name>
        <lei>N/A</lei>
        <title>TOKAI Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3552260006"/>
          <ticker value="3167"/>
          <other otherDesc="SEDOL" value="B3SF9N3"/>
        </identifiers>
        <balance>2453000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>20082287.2900000000</valUSD>
        <pctVal>0.0979625413</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>Autoneum Holding AG</name>
        <lei>549300FL07XZC5MNXS47</lei>
        <title>Autoneum Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0127480363"/>
          <ticker value="AUTN"/>
          <other otherDesc="SEDOL" value="B4YCYX0"/>
        </identifiers>
        <balance>126188.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>19979165.0400000000</valUSD>
        <pctVal>0.0974595051</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUGO BOSS AG</name>
        <lei>529900LFVU534EBRXD13</lei>
        <title>HUGO BOSS AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A1PHFF7"/>
          <ticker value="BOSS"/>
          <other otherDesc="SEDOL" value="B88MHC4"/>
        </identifiers>
        <balance>75056.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>3363729.5800000000</valUSD>
        <pctVal>0.0164084645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Takaoka Toko Co Ltd</name>
        <lei>N/A</lei>
        <title>Takaoka Toko Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3591600006"/>
          <ticker value="6617"/>
          <other otherDesc="SEDOL" value="B8P15C0"/>
        </identifiers>
        <balance>49000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2169711.2600000000</valUSD>
        <pctVal>0.0105839751</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>Hoosiers Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Hoosiers Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3802060008"/>
          <ticker value="3284"/>
          <other otherDesc="SEDOL" value="B7M1678"/>
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        <balance>71500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>597686.4000000000</valUSD>
        <pctVal>0.0029155483</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>Burkhalter Holding AG</name>
        <lei>3912002Q7RGEIHPQ0J90</lei>
        <title>Burkhalter Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0212255803"/>
          <ticker value="BRKN"/>
          <other otherDesc="SEDOL" value="BB97064"/>
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        <balance>7996.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>1296124.0700000000</valUSD>
        <pctVal>0.0063225670</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Odfjell Drilling Ltd</name>
        <lei>529900M08ZU24JXMPB85</lei>
        <title>Odfjell Drilling Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG671801022"/>
          <ticker value="ODL"/>
          <other otherDesc="SEDOL" value="BDX87W2"/>
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        <balance>856229.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>8656035.1100000000</valUSD>
        <pctVal>0.0422246323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Corbion NV</name>
        <lei>724500BKS1TSAVLTWG46</lei>
        <title>Corbion NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0010583399"/>
          <ticker value="CRBN"/>
          <other otherDesc="SEDOL" value="BFRSRR7"/>
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        <balance>360657.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>8463759.7700000000</valUSD>
        <pctVal>0.0412867022</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fila SpA</name>
        <lei>81560094A389646CAF21</lei>
        <title>Fila SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0004967292"/>
          <ticker value="FILA"/>
          <other otherDesc="SEDOL" value="BH89L26"/>
        </identifiers>
        <balance>1846.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>22207.1100000000</valUSD>
        <pctVal>0.0001083275</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Umios Corp</name>
        <lei>529900HGXVKT576NWZ27</lei>
        <title>Umios Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3876600002"/>
          <ticker value="1333"/>
          <other otherDesc="SEDOL" value="BKGHM19"/>
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        <balance>2895600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>23463702.5000000000</valUSD>
        <pctVal>0.1144572773</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bossard Holding AG</name>
        <lei>5067001959OEPG6X8016</lei>
        <title>Bossard Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0238627142"/>
          <ticker value="BOSN"/>
          <other otherDesc="SEDOL" value="BLNN0G8"/>
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        <balance>15636.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>4564900.0600000000</valUSD>
        <pctVal>0.0222678425</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Kinepolis Group NV</name>
        <lei>5493002BJQRO0S06F161</lei>
        <title>Kinepolis Group NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0974274061"/>
          <ticker value="KIN"/>
          <other otherDesc="SEDOL" value="BN3ZYS8"/>
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        <balance>19798.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>1073761.2200000000</valUSD>
        <pctVal>0.0052378684</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Aurelia Metals Ltd</name>
        <lei>5493005OS7G5RY15ND07</lei>
        <title>Aurelia Metals Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000AMI1"/>
          <ticker value="AMI"/>
          <other otherDesc="SEDOL" value="BN790Y4"/>
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        <balance>21786734.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>7100490.1100000000</valUSD>
        <pctVal>0.0346365952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FDM Group Holdings PLC</name>
        <lei>213800YR62D7GUZLMZ71</lei>
        <title>FDM Group Holdings PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BLWDVP51"/>
          <ticker value="FDM"/>
          <other otherDesc="SEDOL" value="BLWDVP5"/>
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        <balance>25923.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>38477.7000000000</valUSD>
        <pctVal>0.0001876964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Aker Solutions ASA</name>
        <lei>5967007LIEEXZXG42836</lei>
        <title>Aker Solutions ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010716582"/>
          <ticker value="AKSO"/>
          <other otherDesc="SEDOL" value="BQN1C50"/>
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        <balance>1929246.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>8945530.1200000000</valUSD>
        <pctVal>0.0436368055</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Feed One Co Ltd</name>
        <lei>N/A</lei>
        <title>Feed One Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3802960009"/>
          <ticker value="2060"/>
          <other otherDesc="SEDOL" value="BQQ1JQ7"/>
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        <balance>165200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1481521.0100000000</valUSD>
        <pctVal>0.0072269439</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>Tokyo Kiraboshi Financial Group Inc</name>
        <lei>N/A</lei>
        <title>Tokyo Kiraboshi Financial Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3584400000"/>
          <ticker value="7173"/>
          <other otherDesc="SEDOL" value="BQQ1JS9"/>
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        <balance>7472700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>81051995.0700000000</valUSD>
        <pctVal>0.3953762486</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>RAI Way SpA</name>
        <lei>815600303CCB3CFD2264</lei>
        <title>RAI Way SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005054967"/>
          <ticker value="RWAY"/>
          <other otherDesc="SEDOL" value="BSM8WL2"/>
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        <balance>618128.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>3266089.2700000000</valUSD>
        <pctVal>0.0159321695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hour Glass Ltd/The</name>
        <lei>N/A</lei>
        <title>Hour Glass Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1AE9000009"/>
          <ticker value="HG"/>
          <other otherDesc="SEDOL" value="BSNM5D6"/>
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        <balance>112800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>248579.3100000000</valUSD>
        <pctVal>0.0012125840</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>United Super Markets Holdings Inc</name>
        <lei>N/A</lei>
        <title>United Super Markets Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3949450005"/>
          <ticker value="3222"/>
          <other otherDesc="SEDOL" value="BVZ6XS8"/>
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        <balance>757100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3861671.2700000000</valUSD>
        <pctVal>0.0188374524</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>ARB Corp Ltd</name>
        <lei>98450097B6B8GE0BAE73</lei>
        <title>ARB Corp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ARB5"/>
          <ticker value="ARB"/>
          <other otherDesc="SEDOL" value="BWV03W5"/>
        </identifiers>
        <balance>326725.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>4489694.7100000000</valUSD>
        <pctVal>0.0219009865</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Macnica Holdings Inc</name>
        <lei>N/A</lei>
        <title>Macnica Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3862960006"/>
          <ticker value="3132"/>
          <other otherDesc="SEDOL" value="BVVQ8X2"/>
        </identifiers>
        <balance>1994200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>45966224.4900000000</valUSD>
        <pctVal>0.2242258613</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>Mobilezone Holding AG</name>
        <lei>506700P3R89PJL1LM545</lei>
        <title>Mobilezone Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0276837694"/>
          <ticker value="MOZN"/>
          <other otherDesc="SEDOL" value="BWWYWC9"/>
        </identifiers>
        <balance>489576.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>7953399.0800000000</valUSD>
        <pctVal>0.0387971337</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zehnder Group AG</name>
        <lei>8945000LUWFSSFRPU761</lei>
        <title>Zehnder Group AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0276534614"/>
          <ticker value="ZEHN"/>
          <other otherDesc="SEDOL" value="BWX5Y69"/>
        </identifiers>
        <balance>161198.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>14472077.8500000000</valUSD>
        <pctVal>0.0705956201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>I-NE Co Ltd</name>
        <lei>N/A</lei>
        <title>I-NE Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3100680002"/>
          <ticker value="4933"/>
          <other otherDesc="SEDOL" value="BMD7TD7"/>
        </identifiers>
        <balance>7000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>64864.4300000000</valUSD>
        <pctVal>0.0003164124</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>Foresight Group Holdings Ltd</name>
        <lei>213800NNT42FFIZB1T09</lei>
        <title>Foresight Group Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GG00BMD8MJ76"/>
          <ticker value="FSG"/>
          <other otherDesc="SEDOL" value="BMD8MJ7"/>
        </identifiers>
        <balance>905166.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>6049060.2900000000</valUSD>
        <pctVal>0.0295076606</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marui Group Co Ltd</name>
        <lei>52990081ZYFHQZEEMU57</lei>
        <title>Marui Group Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3870400003"/>
          <ticker value="8252"/>
          <other otherDesc="SEDOL" value="6569527"/>
        </identifiers>
        <balance>156600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2861109.4600000000</valUSD>
        <pctVal>0.0139566549</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>Maruzen Showa Unyu Co Ltd</name>
        <lei>N/A</lei>
        <title>Maruzen Showa Unyu Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3876000005"/>
          <ticker value="9068"/>
          <other otherDesc="SEDOL" value="6569624"/>
        </identifiers>
        <balance>73900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3397863.1800000000</valUSD>
        <pctVal>0.0165749701</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>Retail Partners Co Ltd</name>
        <lei>N/A</lei>
        <title>Retail Partners Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3873200004"/>
          <ticker value="8167"/>
          <other otherDesc="SEDOL" value="6569787"/>
        </identifiers>
        <balance>118900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1032776.9800000000</valUSD>
        <pctVal>0.0050379449</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>JK Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>JK Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3389570007"/>
          <ticker value="9896"/>
          <other otherDesc="SEDOL" value="6570187"/>
        </identifiers>
        <balance>600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>5371.6400000000</valUSD>
        <pctVal>0.0000262032</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>Hoegh Autoliners ASA</name>
        <lei>549300D7GNMPKTA4HD46</lei>
        <title>Hoegh Autoliners ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0011082075"/>
          <ticker value="HAUTO"/>
          <other otherDesc="SEDOL" value="BMFDP24"/>
        </identifiers>
        <balance>2913363.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>53596529.6200000000</valUSD>
        <pctVal>0.2614469243</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cheffelo AB</name>
        <lei>529900HKIZBVX08VLG76</lei>
        <title>Cheffelo AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0015556873"/>
          <ticker value="CHEF"/>
          <other otherDesc="SEDOL" value="BMFNVF9"/>
        </identifiers>
        <balance>13733.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>167549.6200000000</valUSD>
        <pctVal>0.0008173166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Findi Ltd</name>
        <lei>549300ISXJL4XNDEJC27</lei>
        <title>Findi Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000241036"/>
          <ticker value="FND"/>
          <other otherDesc="SEDOL" value="BMG9SL1"/>
        </identifiers>
        <balance>1352.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>392.3800000000</valUSD>
        <pctVal>0.0000019141</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Montana Aerospace AG</name>
        <lei>506700YRG9330Q97U450</lei>
        <title>Montana Aerospace AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH1110425654"/>
          <ticker value="AERO"/>
          <other otherDesc="SEDOL" value="BMGGZL1"/>
        </identifiers>
        <balance>41324.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>1201626.8200000000</valUSD>
        <pctVal>0.0058616041</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Matsuda Sangyo Co Ltd</name>
        <lei>3538005JX81V3H77VM68</lei>
        <title>Matsuda Sangyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3868500004"/>
          <ticker value="7456"/>
          <other otherDesc="SEDOL" value="6570596"/>
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        <balance>30100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1310993.2100000000</valUSD>
        <pctVal>0.0063950996</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Meidensha Corp</name>
        <lei>529900VFKHJPVURD7985</lei>
        <title>Meidensha Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3919800007"/>
          <ticker value="6508"/>
          <other otherDesc="SEDOL" value="6575900"/>
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        <balance>14400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1062146.0600000000</valUSD>
        <pctVal>0.0051812090</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Meiji Shipping Group Co Ltd</name>
        <lei>N/A</lei>
        <title>Meiji Shipping Group Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3916200003"/>
          <ticker value="9115"/>
          <other otherDesc="SEDOL" value="6576248"/>
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        <balance>77000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>500240.8600000000</valUSD>
        <pctVal>0.0024402034</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>Meisei Industrial Co Ltd</name>
        <lei>N/A</lei>
        <title>Meisei Industrial Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3918200001"/>
          <ticker value="1976"/>
          <other otherDesc="SEDOL" value="6576323"/>
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        <balance>125100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1341618.6300000000</valUSD>
        <pctVal>0.0065444921</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>Meiwa Corp</name>
        <lei>N/A</lei>
        <title>Meiwa Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3920600008"/>
          <ticker value="8103"/>
          <other otherDesc="SEDOL" value="6576389"/>
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        <balance>138100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>849520.3300000000</valUSD>
        <pctVal>0.0041440086</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>Menora Mivtachim Holdings Ltd</name>
        <lei>2549009I6K3RDXFFY773</lei>
        <title>Menora Mivtachim Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0005660183"/>
          <ticker value="MMHD"/>
          <other otherDesc="SEDOL" value="6577876"/>
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        <balance>321111.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>55408890.5900000000</valUSD>
        <pctVal>0.2702877243</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>Ministop Co Ltd</name>
        <lei>N/A</lei>
        <title>Ministop Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3905950006"/>
          <ticker value="9946"/>
          <other otherDesc="SEDOL" value="6583851"/>
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        <balance>700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>7892.6900000000</valUSD>
        <pctVal>0.0000385010</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>G City Ltd</name>
        <lei>213800EO12XXGZSQ2A73</lei>
        <title>G City Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0001260111"/>
          <ticker value="GCT"/>
          <other otherDesc="SEDOL" value="6585396"/>
        </identifiers>
        <balance>1079757.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>4077255.5300000000</valUSD>
        <pctVal>0.0198890847</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>Artience Co Ltd</name>
        <lei>N/A</lei>
        <title>Artience Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3606600009"/>
          <ticker value="4634"/>
          <other otherDesc="SEDOL" value="6900104"/>
        </identifiers>
        <balance>498500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>16022853.0900000000</valUSD>
        <pctVal>0.0781603900</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>Toyo Tire Corp</name>
        <lei>529900Y41RD7VQM9RF75</lei>
        <title>Toyo Tire Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3610600003"/>
          <ticker value="5105"/>
          <other otherDesc="SEDOL" value="6900182"/>
        </identifiers>
        <balance>2127800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>49839220.3700000000</valUSD>
        <pctVal>0.2431185558</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>YE DIGITAL Corp</name>
        <lei>N/A</lei>
        <title>YE DIGITAL Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3931800001"/>
          <ticker value="2354"/>
          <other otherDesc="SEDOL" value="6585675"/>
        </identifiers>
        <balance>10700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>102290.9500000000</valUSD>
        <pctVal>0.0004989811</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>Ramelius Resources Ltd</name>
        <lei>254900E44AIGW7KKNR98</lei>
        <title>Ramelius Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000RMS4"/>
          <ticker value="RMS"/>
          <other otherDesc="SEDOL" value="6586872"/>
        </identifiers>
        <balance>29691737.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>81483671.7400000000</valUSD>
        <pctVal>0.3974819920</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lixil Corp</name>
        <lei>353800KB8G4F9WUJJ886</lei>
        <title>Lixil Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3626800001"/>
          <ticker value="5938"/>
          <other otherDesc="SEDOL" value="6900212"/>
        </identifiers>
        <balance>338500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3747096.4800000000</valUSD>
        <pctVal>0.0182785501</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>Toyo Seikan Group Holdings Ltd</name>
        <lei>5299004VWXGQPXR05T33</lei>
        <title>Toyo Seikan Group Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3613400005"/>
          <ticker value="5901"/>
          <other otherDesc="SEDOL" value="6900267"/>
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        <balance>1053300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>29626480.4800000000</valUSD>
        <pctVal>0.1445196593</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>Adgar Investment and Development Ltd</name>
        <lei>N/A</lei>
        <title>Adgar Investment and Development Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0018200837"/>
          <ticker value="ADGR"/>
          <other otherDesc="SEDOL" value="B01R8Y9"/>
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        <balance>1910.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>2413.7100000000</valUSD>
        <pctVal>0.0000117742</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>Pacific Basin Shipping Ltd</name>
        <lei>254900LNPK737X4Y3V26</lei>
        <title>Pacific Basin Shipping Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG684371393"/>
          <ticker value="2343"/>
          <other otherDesc="SEDOL" value="B01RQM3"/>
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        <balance>121012000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>64349076.0100000000</valUSD>
        <pctVal>0.3138984580</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Monex Group Inc</name>
        <lei>353800SGXKLYGPUJ4648</lei>
        <title>Monex Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3869970008"/>
          <ticker value="8698"/>
          <other otherDesc="SEDOL" value="B01S2L7"/>
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        <balance>660900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3066246.4100000000</valUSD>
        <pctVal>0.0149573246</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>Asahi Co Ltd</name>
        <lei>N/A</lei>
        <title>Asahi Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3110500000"/>
          <ticker value="3333"/>
          <other otherDesc="SEDOL" value="B01WP21"/>
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        <balance>155900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1293255.1200000000</valUSD>
        <pctVal>0.0063085721</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>APG SGA SA</name>
        <lei>N/A</lei>
        <title>APG SGA SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0019107025"/>
          <ticker value="APGN"/>
          <other otherDesc="SEDOL" value="B01Z4C3"/>
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        <balance>2406.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>587745.0900000000</valUSD>
        <pctVal>0.0028670540</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Acerinox SA</name>
        <lei>95980020140005582721</lei>
        <title>Acerinox SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0132105018"/>
          <ticker value="ACX"/>
          <other otherDesc="SEDOL" value="B01ZVZ5"/>
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        <balance>3781754.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>78573814.4600000000</valUSD>
        <pctVal>0.3832875424</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Perseus Mining Ltd</name>
        <lei>54930054ZDGKBCW3SM26</lei>
        <title>Perseus Mining Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000PRU3"/>
          <ticker value="PRU"/>
          <other otherDesc="SEDOL" value="B02FBC1"/>
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        <balance>30616706.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>142167429.5100000000</valUSD>
        <pctVal>0.6935008189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Metals X Ltd</name>
        <lei>549300PYQIA9NE598013</lei>
        <title>Metals X Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MLX7"/>
          <ticker value="MLX"/>
          <other otherDesc="SEDOL" value="B02HJ56"/>
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        <balance>17750720.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>24252427.6700000000</valUSD>
        <pctVal>0.1183047236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Electric Power Development Co Ltd</name>
        <lei>549300KMHPUAQI8VEH90</lei>
        <title>Electric Power Development Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3551200003"/>
          <ticker value="9513"/>
          <other otherDesc="SEDOL" value="B02Q328"/>
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        <balance>1626100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>41589976.8900000000</valUSD>
        <pctVal>0.2028782762</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Mizuho Leasing Co Ltd</name>
        <lei>353800O6EEA5GK30Z659</lei>
        <title>Mizuho Leasing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3286500008"/>
          <ticker value="8425"/>
          <other otherDesc="SEDOL" value="B02QLW4"/>
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        <balance>2196300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>18852650.6700000000</valUSD>
        <pctVal>0.0919643038</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>Ypsomed Holding AG</name>
        <lei>391200QLIOTTBNPNSI14</lei>
        <title>Ypsomed Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0019396990"/>
          <ticker value="YPSN"/>
          <other otherDesc="SEDOL" value="B02SWN8"/>
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        <balance>27392.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>13461803.7400000000</valUSD>
        <pctVal>0.0656674454</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HS Holdings Co Ltd</name>
        <lei>549300QL9Z6XV46RXT40</lei>
        <title>HS Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3160790006"/>
          <ticker value="8699"/>
          <other otherDesc="SEDOL" value="B02T4H9"/>
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        <balance>800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>5687.6700000000</valUSD>
        <pctVal>0.0000277448</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Tsukada Global Holdings Inc</name>
        <lei>353800LR8UDHJCE1T172</lei>
        <title>Tsukada Global Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3835670005"/>
          <ticker value="2418"/>
          <other otherDesc="SEDOL" value="B030Y37"/>
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        <balance>40700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>158610.3700000000</valUSD>
        <pctVal>0.0007737104</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>Clas Ohlson AB</name>
        <lei>549300MH8OETHBBKJU80</lei>
        <title>Clas Ohlson AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000584948"/>
          <ticker value="CLASB"/>
          <other otherDesc="SEDOL" value="B033YF8"/>
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        <balance>1425649.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>68662015.8500000000</valUSD>
        <pctVal>0.3349372242</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AFI Properties Ltd</name>
        <lei>N/A</lei>
        <title>AFI Properties Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010913544"/>
          <ticker value="AFPR"/>
          <other otherDesc="SEDOL" value="B034CL3"/>
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        <balance>293.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>17348.2000000000</valUSD>
        <pctVal>0.0000846255</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>Cosmos Pharmaceutical Corp</name>
        <lei>N/A</lei>
        <title>Cosmos Pharmaceutical Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3298400007"/>
          <ticker value="3349"/>
          <other otherDesc="SEDOL" value="B036QP1"/>
        </identifiers>
        <balance>231100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>9419257.3600000000</valUSD>
        <pctVal>0.0459476739</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>Delfi Ltd</name>
        <lei>N/A</lei>
        <title>Delfi Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1Q25921608"/>
          <ticker value="DELFI"/>
          <other otherDesc="SEDOL" value="B039445"/>
        </identifiers>
        <balance>3513700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>2153739.7100000000</valUSD>
        <pctVal>0.0105060650</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>Metals Exploration PLC</name>
        <lei>2138006CFXWG2OPRV987</lei>
        <title>Metals Exploration PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B0394F60"/>
          <ticker value="MTL"/>
          <other otherDesc="SEDOL" value="B0394F6"/>
        </identifiers>
        <balance>1546427.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>342371.0800000000</valUSD>
        <pctVal>0.0016701056</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daiichi Kigenso Kagaku-Kogyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Daiichi Kigenso Kagaku-Kogyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3474350000"/>
          <ticker value="4082"/>
          <other otherDesc="SEDOL" value="B03KX18"/>
        </identifiers>
        <balance>13900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>229738.5300000000</valUSD>
        <pctVal>0.0011206776</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>Fuyo General Lease Co Ltd</name>
        <lei>353800IE82QJT7UQJK58</lei>
        <title>Fuyo General Lease Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3826270005"/>
          <ticker value="8424"/>
          <other otherDesc="SEDOL" value="B03P2F0"/>
        </identifiers>
        <balance>1210300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>33450755.0700000000</valUSD>
        <pctVal>0.1631746886</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>Emmi AG</name>
        <lei>529900Q53RBYJIVCMA08</lei>
        <title>Emmi AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0012829898"/>
          <ticker value="EMMN"/>
          <other otherDesc="SEDOL" value="B03PQZ8"/>
        </identifiers>
        <balance>45313.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>47115843.5300000000</valUSD>
        <pctVal>0.2298337684</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lycopodium Ltd</name>
        <lei>2549001A9OUIDKVOOI57</lei>
        <title>Lycopodium Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000LYL7"/>
          <ticker value="LYL"/>
          <other otherDesc="SEDOL" value="B044438"/>
        </identifiers>
        <balance>11168.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>183348.6600000000</valUSD>
        <pctVal>0.0008943852</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Geox SpA</name>
        <lei>815600AA4525479C8138</lei>
        <title>Geox SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0003697080"/>
          <ticker value="GEO"/>
          <other otherDesc="SEDOL" value="B044JP5"/>
        </identifiers>
        <balance>92709.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>30422.9300000000</valUSD>
        <pctVal>0.0001484048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wellnet Corp</name>
        <lei>N/A</lei>
        <title>Wellnet Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3155370004"/>
          <ticker value="2428"/>
          <other otherDesc="SEDOL" value="B045FZ0"/>
        </identifiers>
        <balance>900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3601.3400000000</valUSD>
        <pctVal>0.0000175675</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>Neuren Pharmaceuticals Ltd</name>
        <lei>N/A</lei>
        <title>Neuren Pharmaceuticals Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZNEUE0001S8"/>
          <ticker value="NEU"/>
          <other otherDesc="SEDOL" value="B04LVF0"/>
        </identifiers>
        <balance>1019383.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>14389035.8500000000</valUSD>
        <pctVal>0.0701905365</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CMB Tech NV</name>
        <lei>549300D80RYON74MEJ03</lei>
        <title>CMB Tech NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003816338"/>
          <ticker value="CMBT"/>
          <other otherDesc="SEDOL" value="B04M8J6"/>
        </identifiers>
        <balance>285670.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>5220120.6200000000</valUSD>
        <pctVal>0.0254640457</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kongsberg Automotive ASA</name>
        <lei>5967007LIEEXZXJDCG21</lei>
        <title>Kongsberg Automotive ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0003033102"/>
          <ticker value="KOA"/>
          <other otherDesc="SEDOL" value="B04VNK9"/>
        </identifiers>
        <balance>716501.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>154008.1300000000</valUSD>
        <pctVal>0.0007512604</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Etablissements Maurel et Prom SA</name>
        <lei>969500ZTYI9C1C594X25</lei>
        <title>Etablissements Maurel et Prom SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000051070"/>
          <ticker value="MAU"/>
          <other otherDesc="SEDOL" value="B05DY78"/>
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        <balance>1693022.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>15734702.2500000000</valUSD>
        <pctVal>0.0767547738</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Internet Initiative Japan Inc</name>
        <lei>529900EOCJNAPUHDFR78</lei>
        <title>Internet Initiative Japan Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3152820001"/>
          <ticker value="3774"/>
          <other otherDesc="SEDOL" value="B05H328"/>
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        <balance>60300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1278073.1600000000</valUSD>
        <pctVal>0.0062345137</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>World Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>World Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3990220000"/>
          <ticker value="2429"/>
          <other otherDesc="SEDOL" value="B05J4P4"/>
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        <balance>91100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1646551.8500000000</valUSD>
        <pctVal>0.0080319737</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>NEC Capital Solutions Ltd</name>
        <lei>353800ZI7YB13OFXXR18</lei>
        <title>NEC Capital Solutions Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3164740007"/>
          <ticker value="8793"/>
          <other otherDesc="SEDOL" value="B05KJP2"/>
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        <balance>114400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3040629.3000000000</valUSD>
        <pctVal>0.0148323629</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>Hakuhodo DY Holdings Inc</name>
        <lei>N/A</lei>
        <title>Hakuhodo DY Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3766550002"/>
          <ticker value="2433"/>
          <other otherDesc="SEDOL" value="B05LZ02"/>
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        <balance>1993600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>17042522.8700000000</valUSD>
        <pctVal>0.0831343973</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>LANXESS AG</name>
        <lei>529900PTLRE72EMYIJ77</lei>
        <title>LANXESS AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0005470405"/>
          <ticker value="LXS"/>
          <other otherDesc="SEDOL" value="B05M8B7"/>
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        <balance>2670783.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>46226091.9300000000</valUSD>
        <pctVal>0.2254935094</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ship Healthcare Holdings Inc</name>
        <lei>353800BIFUE1L527TH13</lei>
        <title>Ship Healthcare Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3274150006"/>
          <ticker value="3360"/>
          <other otherDesc="SEDOL" value="B05MTR0"/>
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        <balance>1448500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>21631410.9300000000</valUSD>
        <pctVal>0.1055192546</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>AFC-HD AMS Life Science Co Ltd</name>
        <lei>N/A</lei>
        <title>AFC-HD AMS Life Science Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3124700000"/>
          <ticker value="2927"/>
          <other otherDesc="SEDOL" value="B05QHP6"/>
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        <balance>15500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>84625.2000000000</valUSD>
        <pctVal>0.0004128065</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>Asia Pile Holdings Corp</name>
        <lei>N/A</lei>
        <title>Asia Pile Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3389640008"/>
          <ticker value="5288"/>
          <other otherDesc="SEDOL" value="B06D3N6"/>
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        <balance>664000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>6459718.7000000000</valUSD>
        <pctVal>0.0315108758</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>Traders Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Traders Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3637250006"/>
          <ticker value="8704"/>
          <other otherDesc="SEDOL" value="B06GQ70"/>
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        <balance>181500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1573202.8200000000</valUSD>
        <pctVal>0.0076741730</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>AL Sydbank</name>
        <lei>GP5DT10VX1QRQUKVBK64</lei>
        <title>AL Sydbank</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0010311471"/>
          <ticker value="ALSYDB"/>
          <other otherDesc="SEDOL" value="B06JSP1"/>
        </identifiers>
        <balance>580679.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.4354500000"/>
        <valUSD>61273355.6400000000</valUSD>
        <pctVal>0.2988949189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kyokuto Securities Co Ltd</name>
        <lei>353800R99CTLN31DLI31</lei>
        <title>Kyokuto Securities Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3256970009"/>
          <ticker value="8706"/>
          <other otherDesc="SEDOL" value="B06MW58"/>
        </identifiers>
        <balance>21800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>264247.3600000000</valUSD>
        <pctVal>0.0012890137</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>IG Group Holdings PLC</name>
        <lei>2138003A5Q1M7ANOUD76</lei>
        <title>IG Group Holdings PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B06QFB75"/>
          <ticker value="IGG"/>
          <other otherDesc="SEDOL" value="B06QFB7"/>
        </identifiers>
        <balance>1423773.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>26910080.8100000000</valUSD>
        <pctVal>0.1312689070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nitto Kogyo Corp</name>
        <lei>N/A</lei>
        <title>Nitto Kogyo Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3682400001"/>
          <ticker value="6651"/>
          <other otherDesc="SEDOL" value="6643283"/>
        </identifiers>
        <balance>146500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4048369.6900000000</valUSD>
        <pctVal>0.0197481779</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>HI-LEX CORP</name>
        <lei>N/A</lei>
        <title>HI-LEX CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3699600007"/>
          <ticker value="7279"/>
          <other otherDesc="SEDOL" value="6643476"/>
        </identifiers>
        <balance>113700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1905280.5700000000</valUSD>
        <pctVal>0.0092940671</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>Nippon Thompson Co Ltd</name>
        <lei>353800F1TL8X5AMTY686</lei>
        <title>Nippon Thompson Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3739400004"/>
          <ticker value="6480"/>
          <other otherDesc="SEDOL" value="6643562"/>
        </identifiers>
        <balance>995600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>11090178.6700000000</valUSD>
        <pctVal>0.0540985232</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>Zeon Corp</name>
        <lei>529900UEFURDYZ4F4U10</lei>
        <title>Zeon Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3725400000"/>
          <ticker value="4205"/>
          <other otherDesc="SEDOL" value="6644015"/>
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        <balance>2878400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>45090165.0100000000</valUSD>
        <pctVal>0.2199523932</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>Nissei ASB Machine Co Ltd</name>
        <lei>N/A</lei>
        <title>Nissei ASB Machine Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3678200001"/>
          <ticker value="6284"/>
          <other otherDesc="SEDOL" value="6644974"/>
        </identifiers>
        <balance>29800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1661003.1000000000</valUSD>
        <pctVal>0.0081024677</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>Nittoku Co Ltd</name>
        <lei>N/A</lei>
        <title>Nittoku Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3684700002"/>
          <ticker value="6145"/>
          <other otherDesc="SEDOL" value="6646248"/>
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        <balance>55900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>870184.5400000000</valUSD>
        <pctVal>0.0042448098</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>Noritsu Koki Co Ltd</name>
        <lei>N/A</lei>
        <title>Noritsu Koki Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3759500006"/>
          <ticker value="7744"/>
          <other otherDesc="SEDOL" value="6648783"/>
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        <balance>192400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2532726.0000000000</valUSD>
        <pctVal>0.0123547817</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>NTN Corp</name>
        <lei>3538008XP7ZG9BKBQX64</lei>
        <title>NTN Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3165600002"/>
          <ticker value="6472"/>
          <other otherDesc="SEDOL" value="6651189"/>
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        <balance>16146400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>37647339.3100000000</valUSD>
        <pctVal>0.1836458655</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>Oriental Shiraishi Corp</name>
        <lei>N/A</lei>
        <title>Oriental Shiraishi Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3197950003"/>
          <ticker value="1786"/>
          <other otherDesc="SEDOL" value="BNDLRY3"/>
        </identifiers>
        <balance>160000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>355880.0200000000</valUSD>
        <pctVal>0.0017360030</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>OSG Corp</name>
        <lei>353800IWJAOVAFO6X450</lei>
        <title>OSG Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3170800001"/>
          <ticker value="6136"/>
          <other otherDesc="SEDOL" value="6655620"/>
        </identifiers>
        <balance>755500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>17473803.9800000000</valUSD>
        <pctVal>0.0852382111</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>Ogaki Kyoritsu Bank Ltd/The</name>
        <lei>549300M5X5T6C27W3H96</lei>
        <title>Ogaki Kyoritsu Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3176000002"/>
          <ticker value="8361"/>
          <other otherDesc="SEDOL" value="6656485"/>
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        <balance>329800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>16915102.9100000000</valUSD>
        <pctVal>0.0825128355</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Oiles Corp</name>
        <lei>3538000ZWUQJOCQWV238</lei>
        <title>Oiles Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3174200000"/>
          <ticker value="6282"/>
          <other otherDesc="SEDOL" value="6657530"/>
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        <balance>9400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>172263.9900000000</valUSD>
        <pctVal>0.0008403136</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Oki Electric Industry Co Ltd</name>
        <lei>529900VJ2Q0182B3J852</lei>
        <title>Oki Electric Industry Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3194000000"/>
          <ticker value="6703"/>
          <other otherDesc="SEDOL" value="6657682"/>
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        <balance>2668500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>47683960.8300000000</valUSD>
        <pctVal>0.2326050770</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>Okumura Corp</name>
        <lei>N/A</lei>
        <title>Okumura Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3194800003"/>
          <ticker value="1833"/>
          <other otherDesc="SEDOL" value="6657808"/>
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        <balance>10500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>382051.7200000000</valUSD>
        <pctVal>0.0018636701</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Bank of East Asia Ltd/The</name>
        <lei>CO6GC26LCGGRTUESIP55</lei>
        <title>Bank of East Asia Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0023000190"/>
          <ticker value="23"/>
          <other otherDesc="SEDOL" value="6075648"/>
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        <balance>132240.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>311677.0700000000</valUSD>
        <pctVal>0.0015203785</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of Queensland Ltd</name>
        <lei>549300WFIN7T02UKDG08</lei>
        <title>Bank of Queensland Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000BOQ8"/>
          <ticker value="BOQ"/>
          <other otherDesc="SEDOL" value="6076243"/>
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        <balance>13832876.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>64645367.6500000000</valUSD>
        <pctVal>0.3153437855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bank of the Ryukyus Ltd</name>
        <lei>353800OWJBJ7G9TXED62</lei>
        <title>Bank of the Ryukyus Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3975000005"/>
          <ticker value="8399"/>
          <other otherDesc="SEDOL" value="6076351"/>
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        <balance>815700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>16533807.3300000000</valUSD>
        <pctVal>0.0806528539</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>Bank of Saga Ltd/The</name>
        <lei>353800F5W4TG8U8OOA26</lei>
        <title>Bank of Saga Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3315200000"/>
          <ticker value="8395"/>
          <other otherDesc="SEDOL" value="6076447"/>
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        <balance>247500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>10144046.8100000000</valUSD>
        <pctVal>0.0494832381</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>Fuji Seal International Inc</name>
        <lei>N/A</lei>
        <title>Fuji Seal International Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3813800004"/>
          <ticker value="7864"/>
          <other otherDesc="SEDOL" value="6083704"/>
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        <balance>662400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>13763341.2300000000</valUSD>
        <pctVal>0.0671383625</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Beach Energy Ltd</name>
        <lei>8Q9PJD25OKTQT5FHUF40</lei>
        <title>Beach Energy Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000BPT9"/>
          <ticker value="BPT"/>
          <other otherDesc="SEDOL" value="6088204"/>
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        <balance>50065759.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>31030510.4400000000</valUSD>
        <pctVal>0.1513685974</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>QAF Ltd</name>
        <lei>N/A</lei>
        <title>QAF Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1A49000759"/>
          <ticker value="QAF"/>
          <other otherDesc="SEDOL" value="6091202"/>
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        <balance>18600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>14262.0800000000</valUSD>
        <pctVal>0.0000695712</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Bendigo &amp; Adelaide Bank Ltd</name>
        <lei>549300Y9URD6W70K0360</lei>
        <title>Bendigo &amp; Adelaide Bank Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000BEN6"/>
          <ticker value="BEN"/>
          <other otherDesc="SEDOL" value="6091280"/>
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        <balance>2539711.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>19501768.7700000000</valUSD>
        <pctVal>0.0951307389</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Plasson Industries Ltd</name>
        <lei>N/A</lei>
        <title>Plasson Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010816036"/>
          <ticker value="PLSN"/>
          <other otherDesc="SEDOL" value="6094728"/>
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        <balance>70.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>3390.2700000000</valUSD>
        <pctVal>0.0000165379</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>
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      </invstOrSec>
      <invstOrSec>
        <name>SBS Transit Ltd</name>
        <lei>254900EM62Y5RRTJ9771</lei>
        <title>SBS Transit Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1F58858209"/>
          <ticker value="SBUS"/>
          <other otherDesc="SEDOL" value="6094825"/>
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        <balance>85500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>253401.5300000000</valUSD>
        <pctVal>0.0012361071</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Belc Co Ltd</name>
        <lei>N/A</lei>
        <title>Belc Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3835700000"/>
          <ticker value="9974"/>
          <other otherDesc="SEDOL" value="6098913"/>
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        <balance>140200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>5993589.9100000000</valUSD>
        <pctVal>0.0292370730</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>
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      </invstOrSec>
      <invstOrSec>
        <name>GrainCorp Ltd</name>
        <lei>529900XVBL825SSW9081</lei>
        <title>GrainCorp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000GNC9"/>
          <ticker value="GNC"/>
          <other otherDesc="SEDOL" value="6102331"/>
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        <balance>6024774.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>26661409.8500000000</valUSD>
        <pctVal>0.1300558759</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Lindsay Australia Ltd</name>
        <lei>N/A</lei>
        <title>Lindsay Australia Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000LAU8"/>
          <ticker value="LAU"/>
          <other otherDesc="SEDOL" value="6103710"/>
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        <balance>43815.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>23691.2300000000</valUSD>
        <pctVal>0.0001155672</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hong Leong Asia Ltd</name>
        <lei>254900OXRICREAQ3VU73</lei>
        <title>Hong Leong Asia Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1F76860344"/>
          <ticker value="HLA"/>
          <other otherDesc="SEDOL" value="6105750"/>
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        <balance>3097200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>7146912.6600000000</valUSD>
        <pctVal>0.0348630470</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Horizon Oil Ltd</name>
        <lei>52990027DG9I87NLGK24</lei>
        <title>Horizon Oil Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000HZN8"/>
          <ticker value="HZN"/>
          <other otherDesc="SEDOL" value="6106485"/>
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        <balance>2056085.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>316646.2800000000</valUSD>
        <pctVal>0.0015446186</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Obara Group Inc</name>
        <lei>3538003M0UGWDBTV2318</lei>
        <title>Obara Group Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3197650009"/>
          <ticker value="6877"/>
          <other otherDesc="SEDOL" value="6117733"/>
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        <balance>100.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3561.4600000000</valUSD>
        <pctVal>0.0000173730</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Japan Electronic Materials Corp</name>
        <lei>N/A</lei>
        <title>Japan Electronic Materials Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3735300000"/>
          <ticker value="6855"/>
          <other otherDesc="SEDOL" value="6126483"/>
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        <balance>58700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2346793.9400000000</valUSD>
        <pctVal>0.0114477945</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>
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      </invstOrSec>
      <invstOrSec>
        <name>J Trust Co Ltd</name>
        <lei>N/A</lei>
        <title>J Trust Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3142350002"/>
          <ticker value="8508"/>
          <other otherDesc="SEDOL" value="6126717"/>
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        <balance>2281600.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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        <pctVal>0.0487627060</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>
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      </invstOrSec>
      <invstOrSec>
        <name>VT Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>VT Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3854700006"/>
          <ticker value="7593"/>
          <other otherDesc="SEDOL" value="6127334"/>
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        <balance>1272400.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4279616.9900000000</valUSD>
        <pctVal>0.0208762154</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Ebara Jitsugyo Co Ltd</name>
        <lei>3538004CBM4WNU6CM653</lei>
        <title>Ebara Jitsugyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3165950001"/>
          <ticker value="6328"/>
          <other otherDesc="SEDOL" value="6131250"/>
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        <balance>400.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>5942.9900000000</valUSD>
        <pctVal>0.0000289902</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Argo Graphics Inc</name>
        <lei>N/A</lei>
        <title>Argo Graphics Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3126110000"/>
          <ticker value="7595"/>
          <other otherDesc="SEDOL" value="6133687"/>
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        <balance>35700.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>298996.3300000000</valUSD>
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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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Musashi Seimitsu Industry Co Ltd</name>
        <lei>353800J742CBBV9MSZ43</lei>
        <title>Musashi Seimitsu Industry Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3912700006"/>
          <ticker value="7220"/>
          <other otherDesc="SEDOL" value="6135229"/>
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        <balance>1374700.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>27739025.2800000000</valUSD>
        <pctVal>0.1353125453</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Grange Resources Ltd</name>
        <lei>529900NMGGZAKQ0JZU73</lei>
        <title>Grange Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000GRR8"/>
          <ticker value="GRR"/>
          <other otherDesc="SEDOL" value="6135876"/>
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        <balance>4529711.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>437179.6900000000</valUSD>
        <pctVal>0.0021325874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nagano Keiki Co Ltd</name>
        <lei>N/A</lei>
        <title>Nagano Keiki Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3648350001"/>
          <ticker value="7715"/>
          <other otherDesc="SEDOL" value="6136125"/>
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        <balance>300200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>7892146.7500000000</valUSD>
        <pctVal>0.0384983414</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>
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      </invstOrSec>
      <invstOrSec>
        <name>IDOM Inc</name>
        <lei>N/A</lei>
        <title>IDOM Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3235700006"/>
          <ticker value="7599"/>
          <other otherDesc="SEDOL" value="6136374"/>
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        <balance>134200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1048795.4500000000</valUSD>
        <pctVal>0.0051160839</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>Austal Ltd</name>
        <lei>254900DJEFGICBICBU73</lei>
        <title>Austal Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ASB3"/>
          <ticker value="ASB"/>
          <other otherDesc="SEDOL" value="6137162"/>
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        <balance>1882873.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>5571583.9800000000</valUSD>
        <pctVal>0.0271785040</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZERIA Pharmaceutical Co Ltd</name>
        <lei>N/A</lei>
        <title>ZERIA Pharmaceutical Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3428850006"/>
          <ticker value="4559"/>
          <other otherDesc="SEDOL" value="6137731"/>
        </identifiers>
        <balance>1600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>20232.6200000000</valUSD>
        <pctVal>0.0000986959</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>Taiho Kogyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Taiho Kogyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3449080005"/>
          <ticker value="6470"/>
          <other otherDesc="SEDOL" value="6145455"/>
        </identifiers>
        <balance>91700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>647461.7900000000</valUSD>
        <pctVal>0.0031583555</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>Okinawa Cellular Telephone Co</name>
        <lei>N/A</lei>
        <title>Okinawa Cellular Telephone Co</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3194650002"/>
          <ticker value="9436"/>
          <other otherDesc="SEDOL" value="6147428"/>
        </identifiers>
        <balance>210700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>5480496.2100000000</valUSD>
        <pctVal>0.0267341727</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Shikun &amp; Binui Ltd</name>
        <lei>2138004NVQ51G35LN253</lei>
        <title>Shikun &amp; Binui Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010819428"/>
          <ticker value="SKBN"/>
          <other otherDesc="SEDOL" value="6151292"/>
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        <balance>2558962.1000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>15244185.5700000000</valUSD>
        <pctVal>0.0743620055</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Bunka Shutter Co Ltd</name>
        <lei>3538006KDHDR2E6VDJ47</lei>
        <title>Bunka Shutter Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3831600006"/>
          <ticker value="5930"/>
          <other otherDesc="SEDOL" value="6152466"/>
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        <balance>306200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3646137.0400000000</valUSD>
        <pctVal>0.0177860642</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Yasuda Logistics Corp</name>
        <lei>N/A</lei>
        <title>Yasuda Logistics Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3932820008"/>
          <ticker value="9324"/>
          <other otherDesc="SEDOL" value="6155841"/>
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        <balance>42400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>668832.5300000000</valUSD>
        <pctVal>0.0032626032</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>
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      </invstOrSec>
      <invstOrSec>
        <name>CKD Corp</name>
        <lei>N/A</lei>
        <title>CKD Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3346800000"/>
          <ticker value="6407"/>
          <other otherDesc="SEDOL" value="6160050"/>
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        <balance>428100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>14809646.1600000000</valUSD>
        <pctVal>0.0722422975</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Toli Corp</name>
        <lei>N/A</lei>
        <title>Toli Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3620600001"/>
          <ticker value="7971"/>
          <other otherDesc="SEDOL" value="6900342"/>
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        <balance>301300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1345205.1800000000</valUSD>
        <pctVal>0.0065619875</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>Toyobo Co Ltd</name>
        <lei>5299005EWBCNUAZ4PM62</lei>
        <title>Toyobo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3619800000"/>
          <ticker value="3101"/>
          <other otherDesc="SEDOL" value="6900502"/>
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        <balance>2326200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>24230893.6200000000</valUSD>
        <pctVal>0.1181996792</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>CPBIO Holding Company Ltd</name>
        <lei>N/A</lei>
        <title>CPBIO Holding Company Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG2151A1036"/>
          <ticker value="3839"/>
          <other otherDesc="SEDOL" value="BYTHBW8"/>
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        <balance>19000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>21284.2700000000</valUSD>
        <pctVal>0.0001038259</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cosmo Energy Holdings Co Ltd</name>
        <lei>353800Y4GZ7KR5X7L150</lei>
        <title>Cosmo Energy Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3298000005"/>
          <ticker value="5021"/>
          <other otherDesc="SEDOL" value="BYSJJ43"/>
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        <balance>1008800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>26927876.1000000000</valUSD>
        <pctVal>0.1313557134</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Hornbach Holding AG &amp; Co KGaA</name>
        <lei>529900EGQZ79V21LBL44</lei>
        <title>Hornbach Holding AG &amp; Co KGaA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0006083405"/>
          <ticker value="HBH"/>
          <other otherDesc="SEDOL" value="BZBWTJ1"/>
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        <balance>262398.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>25193763.6600000000</valUSD>
        <pctVal>0.1228966141</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ForFarmers NV</name>
        <lei>724500YEIHQKMHTXW058</lei>
        <title>ForFarmers NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0011832811"/>
          <ticker value="FFARM"/>
          <other otherDesc="SEDOL" value="BD6S9Q7"/>
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        <balance>388743.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>2606379.1700000000</valUSD>
        <pctVal>0.0127140660</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RENOVA Inc</name>
        <lei>N/A</lei>
        <title>RENOVA Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3981200003"/>
          <ticker value="9519"/>
          <other otherDesc="SEDOL" value="BD71KT5"/>
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        <balance>1498500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>8540234.5600000000</valUSD>
        <pctVal>0.0416597506</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>Plejd AB</name>
        <lei>549300AOUXS7RTR3OV14</lei>
        <title>Plejd AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0008014476"/>
          <ticker value="PLEJD"/>
          <other otherDesc="SEDOL" value="BD879L7"/>
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        <balance>22249.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>2281198.2100000000</valUSD>
        <pctVal>0.0111278148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ibu-Tec Advanced Materials AG</name>
        <lei>529900L3YY7VW52QZT63</lei>
        <title>Ibu-Tec Advanced Materials AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A0XYHT5"/>
          <ticker value="IBU"/>
          <other otherDesc="SEDOL" value="BD97Q26"/>
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        <balance>8251.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>144232.7600000000</valUSD>
        <pctVal>0.0007035756</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SIF Holding NV</name>
        <lei>724500J0BPD5CLHCK040</lei>
        <title>SIF Holding NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0011660485"/>
          <ticker value="SIFG"/>
          <other otherDesc="SEDOL" value="BD980H2"/>
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        <balance>2564.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>11296.9200000000</valUSD>
        <pctVal>0.0000551070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sisram Medical Ltd</name>
        <lei>N/A</lei>
        <title>Sisram Medical Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011418113"/>
          <ticker value="1696"/>
          <other otherDesc="SEDOL" value="BD9G4P2"/>
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        <balance>19200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>5131.8300000000</valUSD>
        <pctVal>0.0000250334</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Westwing Group SE</name>
        <lei>529900BN8B4KAHILIX84</lei>
        <title>Westwing Group SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A2N4H07"/>
          <ticker value="WEW"/>
          <other otherDesc="SEDOL" value="BD9PFL2"/>
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        <balance>51299.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>746330.7100000000</valUSD>
        <pctVal>0.0036406437</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UBE Corp</name>
        <lei>529900XMRZ2VNF3ZPS69</lei>
        <title>UBE Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3158800007"/>
          <ticker value="4208"/>
          <other otherDesc="SEDOL" value="6910705"/>
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        <balance>120300.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2676662.2100000000</valUSD>
        <pctVal>0.0130569107</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>Uchida Yoko Co Ltd</name>
        <lei>N/A</lei>
        <title>Uchida Yoko Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3157200001"/>
          <ticker value="8057"/>
          <other otherDesc="SEDOL" value="6910965"/>
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        <balance>829900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>12152854.2100000000</valUSD>
        <pctVal>0.0592823151</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>Ushio Inc</name>
        <lei>N/A</lei>
        <title>Ushio Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3156400008"/>
          <ticker value="6925"/>
          <other otherDesc="SEDOL" value="6918981"/>
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        <balance>279300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>6747806.8800000000</valUSD>
        <pctVal>0.0329161863</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>Valor Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Valor Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3778400006"/>
          <ticker value="9956"/>
          <other otherDesc="SEDOL" value="6926553"/>
        </identifiers>
        <balance>1279400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>26207009.9600000000</valUSD>
        <pctVal>0.1278392873</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>Zaptec ASA</name>
        <lei>549300Y5EDWTJNTS8P96</lei>
        <title>Zaptec ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010713936"/>
          <ticker value="ZAP"/>
          <other otherDesc="SEDOL" value="BMH4WM4"/>
        </identifiers>
        <balance>855950.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>4649493.6500000000</valUSD>
        <pctVal>0.0226804949</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Knaus Tabbert AG</name>
        <lei>391200V57NOSGK8UVW09</lei>
        <title>Knaus Tabbert AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A2YN504"/>
          <ticker value="KTA"/>
          <other otherDesc="SEDOL" value="BMTVR17"/>
        </identifiers>
        <balance>5691.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>77917.2800000000</valUSD>
        <pctVal>0.0003800849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SpareBank 1 Nord Norge</name>
        <lei>549300SXM92LQ05OJQ76</lei>
        <title>SpareBank 1 Nord Norge</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0006000801"/>
          <ticker value="NONG"/>
          <other otherDesc="SEDOL" value="B06T259"/>
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        <balance>2348581.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>42811131.6600000000</valUSD>
        <pctVal>0.2088351387</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tokyo Electron Device Ltd</name>
        <lei>N/A</lei>
        <title>Tokyo Electron Device Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3571600000"/>
          <ticker value="2760"/>
          <other otherDesc="SEDOL" value="6588403"/>
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        <balance>316900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>8452788.2600000000</valUSD>
        <pctVal>0.0412331826</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Muto Seiko Co</name>
        <lei>N/A</lei>
        <title>Muto Seiko Co</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3913400002"/>
          <ticker value="7927"/>
          <other otherDesc="SEDOL" value="6589365"/>
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        <balance>2300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>32802.6400000000</valUSD>
        <pctVal>0.0001600131</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Toyoda Gosei Co Ltd</name>
        <lei>353800ZV4HXVM4DWPO50</lei>
        <title>Toyoda Gosei Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3634200004"/>
          <ticker value="7282"/>
          <other otherDesc="SEDOL" value="6900557"/>
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        <balance>3010500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>103070480.5900000000</valUSD>
        <pctVal>0.5027836751</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Toyota Boshoku Corp</name>
        <lei>529900KS87U6EY7PWG26</lei>
        <title>Toyota Boshoku Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3635400009"/>
          <ticker value="3116"/>
          <other otherDesc="SEDOL" value="6900591"/>
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        <balance>2188000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>31068212.3600000000</valUSD>
        <pctVal>0.1515525095</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>Wakita &amp; Co Ltd</name>
        <lei>N/A</lei>
        <title>Wakita &amp; Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3992000004"/>
          <ticker value="8125"/>
          <other otherDesc="SEDOL" value="6933735"/>
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        <balance>81000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>977480.1400000000</valUSD>
        <pctVal>0.0047682038</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>PHX Energy Services Corp</name>
        <lei>N/A</lei>
        <title>PHX Energy Services Corp</title>
        <cusip>69338U101</cusip>
        <identifiers>
          <isin value="CA69338U1012"/>
          <ticker value="PHX"/>
          <other otherDesc="SEDOL" value="B66YG32"/>
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        <balance>32257.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>298376.3800000000</valUSD>
        <pctVal>0.0014554970</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>
      <invstOrSec>
        <name>Warehouse Group Ltd/The</name>
        <lei>984500B0673A86B0CF52</lei>
        <title>Warehouse Group Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZWHSE0001S6"/>
          <ticker value="WHS"/>
          <other otherDesc="SEDOL" value="6939625"/>
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        <balance>8816.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.6901880000"/>
        <valUSD>3519.8400000000</valUSD>
        <pctVal>0.0000171700</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Iluka Resources Ltd</name>
        <lei>2549009N2Y1F4YNB0955</lei>
        <title>Iluka Resources Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ILU1"/>
          <ticker value="ILU"/>
          <other otherDesc="SEDOL" value="6957575"/>
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        <balance>9371766.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>45924056.9900000000</valUSD>
        <pctVal>0.2240201658</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SpareBank 1 SMN</name>
        <lei>7V6Z97IO7R1SEAO84Q32</lei>
        <title>SpareBank 1 SMN</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0006390301"/>
          <ticker value="MING"/>
          <other otherDesc="SEDOL" value="B0LGG75"/>
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        <balance>177239.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>4016028.6400000000</valUSD>
        <pctVal>0.0195904165</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tiv Taam Holdings 1 Ltd</name>
        <lei>N/A</lei>
        <title>Tiv Taam Holdings 1 Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0001030100"/>
          <ticker value="TTAM"/>
          <other otherDesc="SEDOL" value="B0LMR47"/>
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        <balance>37883.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>152231.2400000000</valUSD>
        <pctVal>0.0007425927</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>
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      </invstOrSec>
      <invstOrSec>
        <name>SUMCO Corp</name>
        <lei>353800SUSRUOM0V6KU92</lei>
        <title>SUMCO Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3322930003"/>
          <ticker value="3436"/>
          <other otherDesc="SEDOL" value="B0M0C89"/>
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        <balance>117500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2471700.8700000000</valUSD>
        <pctVal>0.0120570976</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>
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      <invstOrSec>
        <name>Loomis AB</name>
        <lei>213800NS2XXVRYS7WP40</lei>
        <title>Loomis AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0014504817"/>
          <ticker value="LOOMIS"/>
          <other otherDesc="SEDOL" value="BMVB566"/>
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        <balance>1142971.0000000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>64537211.1500000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Judo Capital Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Judo Capital Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000182271"/>
          <ticker value="JDO"/>
          <other otherDesc="SEDOL" value="BMW7F41"/>
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        <balance>1670994.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>1212673.7400000000</valUSD>
        <pctVal>0.0059154916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nuix Ltd</name>
        <lei>N/A</lei>
        <title>Nuix Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000119307"/>
          <ticker value="NXL"/>
          <other otherDesc="SEDOL" value="BMW7P63"/>
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        <balance>1134871.0000000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>1619227.0800000000</valUSD>
        <pctVal>0.0078986819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GRK Infra Oyj</name>
        <lei>743700Y8QWC1FT6R0F34</lei>
        <title>GRK Infra Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000517966"/>
          <ticker value="GRK"/>
          <other otherDesc="SEDOL" value="BMY5YL3"/>
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        <balance>25996.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>647687.3900000000</valUSD>
        <pctVal>0.0031594560</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cadeler A/S</name>
        <lei>9845008439EUED140282</lei>
        <title>Cadeler A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0061412772"/>
          <ticker value="CADLR"/>
          <other otherDesc="SEDOL" value="BMYDHR4"/>
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        <balance>1870980.0000000000</balance>
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        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>11722400.8000000000</valUSD>
        <pctVal>0.0571825388</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tera Light Ltd</name>
        <lei>N/A</lei>
        <title>Tera Light Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011801730"/>
          <ticker value="TRLT"/>
          <other otherDesc="SEDOL" value="BMYR549"/>
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        <balance>13795.0000000000</balance>
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        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>75972.3700000000</valUSD>
        <pctVal>0.0003705975</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>Credit Saison Co Ltd</name>
        <lei>529900SV58ZWTGRH3A66</lei>
        <title>Credit Saison Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3271400008"/>
          <ticker value="8253"/>
          <other otherDesc="SEDOL" value="6591809"/>
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        <balance>534800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>15581316.2600000000</valUSD>
        <pctVal>0.0760065482</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>Mikuni Corp</name>
        <lei>N/A</lei>
        <title>Mikuni Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3882800000"/>
          <ticker value="7247"/>
          <other otherDesc="SEDOL" value="6592200"/>
        </identifiers>
        <balance>22300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>52066.0000000000</valUSD>
        <pctVal>0.0002539809</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>Mars Group Holdings Corp</name>
        <lei>N/A</lei>
        <title>Mars Group Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3860220007"/>
          <ticker value="6419"/>
          <other otherDesc="SEDOL" value="6592556"/>
        </identifiers>
        <balance>59500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1203912.6700000000</valUSD>
        <pctVal>0.0058727546</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>Mitani Sangyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Mitani Sangyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3886600000"/>
          <ticker value="8285"/>
          <other otherDesc="SEDOL" value="6596257"/>
        </identifiers>
        <balance>82200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>406135.4600000000</valUSD>
        <pctVal>0.0019811519</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>Mitani Sekisan Co Ltd</name>
        <lei>N/A</lei>
        <title>Mitani Sekisan Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3887600009"/>
          <ticker value="5273"/>
          <other otherDesc="SEDOL" value="6596291"/>
        </identifiers>
        <balance>15300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>203775.8800000000</valUSD>
        <pctVal>0.0009940303</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>Mitsubishi Steel Manufacturing Co Ltd</name>
        <lei>353800SXO4E2ZXOH5H95</lei>
        <title>Mitsubishi Steel Manufacturing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3900800008"/>
          <ticker value="5632"/>
          <other otherDesc="SEDOL" value="6597205"/>
        </identifiers>
        <balance>231300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3547210.1000000000</valUSD>
        <pctVal>0.0173034929</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>Mitsui Kinzoku Co Ltd</name>
        <lei>35380021EYAHSQM25559</lei>
        <title>Mitsui Kinzoku Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3888400003"/>
          <ticker value="5706"/>
          <other otherDesc="SEDOL" value="6597346"/>
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        <balance>306600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>55539137.1400000000</valUSD>
        <pctVal>0.2709230744</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>Mitsui High-Tec Inc</name>
        <lei>N/A</lei>
        <title>Mitsui High-Tec Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3892400007"/>
          <ticker value="6966"/>
          <other otherDesc="SEDOL" value="6597432"/>
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        <balance>2823600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>16659222.7500000000</valUSD>
        <pctVal>0.0812646375</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>Miyoshi Oil &amp; Fat Co Ltd</name>
        <lei>N/A</lei>
        <title>Miyoshi Oil &amp; Fat Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3910400005"/>
          <ticker value="4404"/>
          <other otherDesc="SEDOL" value="6597443"/>
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        <balance>4300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>58772.2600000000</valUSD>
        <pctVal>0.0002866944</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>Mitsui DM Sugar Co Ltd</name>
        <lei>N/A</lei>
        <title>Mitsui DM Sugar Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3890400009"/>
          <ticker value="2109"/>
          <other otherDesc="SEDOL" value="6597562"/>
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        <balance>37200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>852817.8700000000</valUSD>
        <pctVal>0.0041600941</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>Mitsui-Soko Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Mitsui-Soko Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3891200002"/>
          <ticker value="9302"/>
          <other otherDesc="SEDOL" value="6597647"/>
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        <balance>580200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>12142723.9600000000</valUSD>
        <pctVal>0.0592328991</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>Midland Holdings Ltd</name>
        <lei>5493007HC5HKY6RXSQ87</lei>
        <title>Midland Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG4491W1001"/>
          <ticker value="1200"/>
          <other otherDesc="SEDOL" value="6597700"/>
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        <balance>7426000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>1817920.2700000000</valUSD>
        <pctVal>0.0088679186</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Safilo Group SpA</name>
        <lei>81560026FA1A26642782</lei>
        <title>Safilo Group SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0004604762"/>
          <ticker value="SFL"/>
          <other otherDesc="SEDOL" value="B0N64J1"/>
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        <balance>3935389.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>8283913.8800000000</valUSD>
        <pctVal>0.0404094038</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UACJ Corp</name>
        <lei>353800GO7FBE4RSRH831</lei>
        <title>UACJ Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3826900007"/>
          <ticker value="5741"/>
          <other otherDesc="SEDOL" value="B0N9WZ2"/>
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        <balance>3316100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>48328739.0200000000</valUSD>
        <pctVal>0.2357503417</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>
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      </invstOrSec>
      <invstOrSec>
        <name>LIKE Inc</name>
        <lei>N/A</lei>
        <title>LIKE Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3386120004"/>
          <ticker value="2462"/>
          <other otherDesc="SEDOL" value="B0NZTN7"/>
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        <balance>2900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>28125.0900000000</valUSD>
        <pctVal>0.0001371958</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Tubos Reunidos SA</name>
        <lei>95980020140005953746</lei>
        <title>Tubos Reunidos SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0180850416"/>
          <ticker value="TRG"/>
          <other otherDesc="SEDOL" value="B0PP3G6"/>
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        <balance>29396.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>3682.5300000000</valUSD>
        <pctVal>0.0000179636</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lancashire Holdings Ltd</name>
        <lei>5493002UNUYXLHOWF752</lei>
        <title>Lancashire Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG5361W1047"/>
          <ticker value="LRE"/>
          <other otherDesc="SEDOL" value="B0PYHC7"/>
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        <balance>876718.0000000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>7242280.1100000000</valUSD>
        <pctVal>0.0353282549</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Zealand Pharma A/S</name>
        <lei>549300ITBB1ULBL4CZ12</lei>
        <title>Zealand Pharma A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060257814"/>
          <ticker value="ZEAL"/>
          <other otherDesc="SEDOL" value="B0SDJB4"/>
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        <balance>591439.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.4354500000"/>
        <valUSD>27516781.1500000000</valUSD>
        <pctVal>0.1342284258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hibino Corp</name>
        <lei>N/A</lei>
        <title>Hibino Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3793200001"/>
          <ticker value="2469"/>
          <other otherDesc="SEDOL" value="B0VS0G8"/>
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        <balance>23900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>422714.6000000000</valUSD>
        <pctVal>0.0020620259</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Caisse Regionale de Credit Agricole Mutuel Nord de France</name>
        <lei>969500FF9M4SBM5VHR15</lei>
        <title>Caisse Regionale de Credit Agricole Mutuel Nord de France</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000185514"/>
          <ticker value="CNDF"/>
          <other otherDesc="SEDOL" value="B0VTSP6"/>
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        <balance>12172.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>426640.5400000000</valUSD>
        <pctVal>0.0020811769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IwaiCosmo Holdings Inc</name>
        <lei>N/A</lei>
        <title>IwaiCosmo Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3149950002"/>
          <ticker value="8707"/>
          <other otherDesc="SEDOL" value="B0WGLX5"/>
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        <balance>439800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>12927249.1300000000</valUSD>
        <pctVal>0.0630598576</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>S-Pool Inc</name>
        <lei>N/A</lei>
        <title>S-Pool Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3163900008"/>
          <ticker value="2471"/>
          <other otherDesc="SEDOL" value="B0WHYY0"/>
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        <balance>468700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>844057.5600000000</valUSD>
        <pctVal>0.0041173609</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>Pegasus Co Ltd</name>
        <lei>N/A</lei>
        <title>Pegasus Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3836300008"/>
          <ticker value="6262"/>
          <other otherDesc="SEDOL" value="B0WWM74"/>
        </identifiers>
        <balance>3300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>11084.4600000000</valUSD>
        <pctVal>0.0000540706</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>Rasa Corp</name>
        <lei>N/A</lei>
        <title>Rasa Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3967450002"/>
          <ticker value="3023"/>
          <other otherDesc="SEDOL" value="B0XPSG3"/>
        </identifiers>
        <balance>13300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>171966.3000000000</valUSD>
        <pctVal>0.0008388614</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>cBrain A/S</name>
        <lei>529900E1K2W6SBYF8W02</lei>
        <title>cBrain A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060030286"/>
          <ticker value="CBRAIN"/>
          <other otherDesc="SEDOL" value="B0Y9080"/>
        </identifiers>
        <balance>459.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.4354500000"/>
        <valUSD>5852.6600000000</valUSD>
        <pctVal>0.0000285496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arkema SA</name>
        <lei>9695000EHMS84KKP2785</lei>
        <title>Arkema SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010313833"/>
          <ticker value="AKE"/>
          <other otherDesc="SEDOL" value="B0Z5YZ2"/>
        </identifiers>
        <balance>1049895.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>73069659.8300000000</valUSD>
        <pctVal>0.3564379626</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Airport City Ltd</name>
        <lei>N/A</lei>
        <title>Airport City Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010958358"/>
          <ticker value="ARPT"/>
          <other otherDesc="SEDOL" value="B0Z7M21"/>
        </identifiers>
        <balance>55650.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>1003058.1200000000</valUSD>
        <pctVal>0.0048929746</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>Implenia AG</name>
        <lei>52990006TKCUQQJ79B11</lei>
        <title>Implenia AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0023868554"/>
          <ticker value="IMPN"/>
          <other otherDesc="SEDOL" value="B10DQJ6"/>
        </identifiers>
        <balance>368250.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>30139397.2200000000</valUSD>
        <pctVal>0.1470216964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Aviation Oil Singapore Corp Ltd</name>
        <lei>79GWRL7CPDKLUJ3L0772</lei>
        <title>China Aviation Oil Singapore Corp Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1T06929205"/>
          <ticker value="CAO"/>
          <other otherDesc="SEDOL" value="B10SYQ4"/>
        </identifiers>
        <balance>7457100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>8551576.5300000000</valUSD>
        <pctVal>0.0417150774</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>YIT Oyj</name>
        <lei>529900M13GM4VSTE6W80</lei>
        <title>YIT Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI0009800643"/>
          <ticker value="YIT"/>
          <other otherDesc="SEDOL" value="B11BQV1"/>
        </identifiers>
        <balance>175928.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>682729.2300000000</valUSD>
        <pctVal>0.0033303921</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Warabeya Nichiyo Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Warabeya Nichiyo Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3994400004"/>
          <ticker value="2918"/>
          <other otherDesc="SEDOL" value="6961888"/>
        </identifiers>
        <balance>199700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3499130.8400000000</valUSD>
        <pctVal>0.0170689595</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>Wing Tai Holdings Ltd</name>
        <lei>984500SB157F8C2A6839</lei>
        <title>Wing Tai Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1K66001688"/>
          <ticker value="WINGT"/>
          <other otherDesc="SEDOL" value="6972385"/>
        </identifiers>
        <balance>87200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>106983.1000000000</valUSD>
        <pctVal>0.0005218697</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>Alconix Corp</name>
        <lei>353800I6G1YH2ATQZK47</lei>
        <title>Alconix Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3126210008"/>
          <ticker value="3036"/>
          <other otherDesc="SEDOL" value="B121L60"/>
        </identifiers>
        <balance>622600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>13135093.9800000000</valUSD>
        <pctVal>0.0640737366</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>Husqvarna AB</name>
        <lei>549300GYQIIJ3UXB7655</lei>
        <title>Husqvarna AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0001662230"/>
          <ticker value="HUSQB"/>
          <other otherDesc="SEDOL" value="B12PJ24"/>
        </identifiers>
        <balance>4230746.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>16812502.6300000000</valUSD>
        <pctVal>0.0820123455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Koninklijke BAM Groep NV</name>
        <lei>724500V38C5KTDY5BS93</lei>
        <title>Koninklijke BAM Groep NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000337319"/>
          <ticker value="BAMNB"/>
          <other otherDesc="SEDOL" value="B12W5Y9"/>
        </identifiers>
        <balance>3072312.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>41485288.8400000000</valUSD>
        <pctVal>0.2023676019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ratos AB</name>
        <lei>2138008KECUUB9VR4798</lei>
        <title>Ratos AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000111940"/>
          <ticker value="RATOB"/>
          <other otherDesc="SEDOL" value="B130WD0"/>
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        <balance>852270.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>3379342.8900000000</valUSD>
        <pctVal>0.0164846271</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bucher Industries AG</name>
        <lei>52990014AQ91A29HPB27</lei>
        <title>Bucher Industries AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0002432174"/>
          <ticker value="BUCN"/>
          <other otherDesc="SEDOL" value="B07ZBW6"/>
        </identifiers>
        <balance>144470.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>56482279.3000000000</valUSD>
        <pctVal>0.2755237756</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Catana Group</name>
        <lei>96950079QAYBTB8V4F22</lei>
        <title>Catana Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010193052"/>
          <ticker value="ALCAT"/>
          <other otherDesc="SEDOL" value="B083S40"/>
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        <balance>1663.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>3635.1000000000</valUSD>
        <pctVal>0.0000177322</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Odfjell SE</name>
        <lei>529900J8VSH14TP5VD23</lei>
        <title>Odfjell SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0003399909"/>
          <ticker value="ODF"/>
          <other otherDesc="SEDOL" value="B086463"/>
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        <balance>240692.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>2966738.4900000000</valUSD>
        <pctVal>0.0144719193</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Stabilus SE</name>
        <lei>529900JOSL94HJN4VZ28</lei>
        <title>Stabilus SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000STAB1L8"/>
          <ticker value="STM"/>
          <other otherDesc="SEDOL" value="BP2B2B0"/>
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        <balance>7343.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>146874.5800000000</valUSD>
        <pctVal>0.0007164626</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Synsam AB</name>
        <lei>5493000TMEGW9DHNOQ70</lei>
        <title>Synsam AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0016829709"/>
          <ticker value="SYNSAM"/>
          <other otherDesc="SEDOL" value="BP4DDM2"/>
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        <balance>45014.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>275910.8600000000</valUSD>
        <pctVal>0.0013459089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Johnson Electric Holdings Ltd</name>
        <lei>529900EDYRQ6K25JEC80</lei>
        <title>Johnson Electric Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG5150J1577"/>
          <ticker value="179"/>
          <other otherDesc="SEDOL" value="BP4JH17"/>
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        <balance>10967820.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>27404446.6800000000</valUSD>
        <pctVal>0.1336804518</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARN Media Ltd</name>
        <lei>N/A</lei>
        <title>ARN Media Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000279853"/>
          <ticker value="A1N"/>
          <other otherDesc="SEDOL" value="BP4XZY8"/>
        </identifiers>
        <balance>1042.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>197.9100000000</valUSD>
        <pctVal>0.0000009654</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CUC Inc</name>
        <lei>N/A</lei>
        <title>CUC Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3347080008"/>
          <ticker value="9158"/>
          <other otherDesc="SEDOL" value="BP4Y552"/>
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        <balance>30900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>143828.9100000000</valUSD>
        <pctVal>0.0007016056</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>Helia Group Ltd</name>
        <lei>529900RUQ2G0JXJOF423</lei>
        <title>Helia Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000251498"/>
          <ticker value="HLI"/>
          <other otherDesc="SEDOL" value="BP5HL07"/>
        </identifiers>
        <balance>9250704.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>33369458.6700000000</valUSD>
        <pctVal>0.1627781201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tate &amp; Lyle PLC</name>
        <lei>2138008K14474WPKZ244</lei>
        <title>Tate &amp; Lyle PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BP92CJ43"/>
          <ticker value="TATE"/>
          <other otherDesc="SEDOL" value="BP92CJ4"/>
        </identifiers>
        <balance>746519.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>5569998.5500000000</valUSD>
        <pctVal>0.0271707702</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Integral Corp</name>
        <lei>254900LBW5E2GUM0UK59</lei>
        <title>Integral Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3152910000"/>
          <ticker value="5842"/>
          <other otherDesc="SEDOL" value="BPG7MF8"/>
        </identifiers>
        <balance>67400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1245513.3600000000</valUSD>
        <pctVal>0.0060756851</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>d'Amico International Shipping SA</name>
        <lei>2221005IWV4R4EP4D553</lei>
        <title>d'Amico International Shipping SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="LU2592315662"/>
          <ticker value="DIS"/>
          <other otherDesc="SEDOL" value="BPXYP75"/>
        </identifiers>
        <balance>2126667.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>18181346.6900000000</valUSD>
        <pctVal>0.0886896447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japan Investment Adviser Co Ltd</name>
        <lei>N/A</lei>
        <title>Japan Investment Adviser Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3389470000"/>
          <ticker value="7172"/>
          <other otherDesc="SEDOL" value="BQ25C20"/>
        </identifiers>
        <balance>59800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>795410.8200000000</valUSD>
        <pctVal>0.0038800593</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>Redox Ltd/Australia</name>
        <lei>N/A</lei>
        <title>Redox Ltd/Australia</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000284895"/>
          <ticker value="RDX"/>
          <other otherDesc="SEDOL" value="BQ81P89"/>
        </identifiers>
        <balance>339518.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>816639.3300000000</valUSD>
        <pctVal>0.0039836132</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Digital Grid Corp</name>
        <lei>353800KAL8X03SFH6T03</lei>
        <title>Digital Grid Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3549120008"/>
          <ticker value="350A"/>
          <other otherDesc="SEDOL" value="BQLQ9K1"/>
        </identifiers>
        <balance>900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4397.1900000000</valUSD>
        <pctVal>0.0000214497</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>Ferrari Group PLC</name>
        <lei>984500Y7F9EB3DRC4406</lei>
        <title>Ferrari Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BN0VZ646"/>
          <ticker value="FERGR"/>
          <other otherDesc="SEDOL" value="BN0VZ64"/>
        </identifiers>
        <balance>644.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>5962.4800000000</valUSD>
        <pctVal>0.0000290853</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sea1 offshore Inc</name>
        <lei>549300NYGU1CE7UICM69</lei>
        <title>Sea1 offshore Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG812291253"/>
          <ticker value="SEA1"/>
          <other otherDesc="SEDOL" value="BN0ZMG5"/>
        </identifiers>
        <balance>278310.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>818454.3500000000</valUSD>
        <pctVal>0.0039924669</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Altshuler Shaham Finance Ltd</name>
        <lei>N/A</lei>
        <title>Altshuler Shaham Finance Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011849366"/>
          <ticker value="ALTF"/>
          <other otherDesc="SEDOL" value="BN11PN0"/>
        </identifiers>
        <balance>54621.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>123274.1300000000</valUSD>
        <pctVal>0.0006013382</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>Conduit Holdings Ltd</name>
        <lei>21380085AE62D1BXSF19</lei>
        <title>Conduit Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG243851091"/>
          <ticker value="CRE"/>
          <other otherDesc="SEDOL" value="BN133N2"/>
        </identifiers>
        <balance>118807.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>730826.2800000000</valUSD>
        <pctVal>0.0035650122</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hemnet Group AB</name>
        <lei>5493008VIU67J3HUAR07</lei>
        <title>Hemnet Group AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0015671995"/>
          <ticker value="HEM"/>
          <other otherDesc="SEDOL" value="BN2RJ91"/>
        </identifiers>
        <balance>564503.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>5637980.4100000000</valUSD>
        <pctVal>0.0275023896</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oat Agrio Co Ltd</name>
        <lei>N/A</lei>
        <title>Oat Agrio Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3174220008"/>
          <ticker value="4979"/>
          <other otherDesc="SEDOL" value="BN3YXS8"/>
        </identifiers>
        <balance>16800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>296320.8300000000</valUSD>
        <pctVal>0.0014454699</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>Humm Group Ltd</name>
        <lei>549300Z5SL6S3F9O0M28</lei>
        <title>Humm Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000121337"/>
          <ticker value="HUM"/>
          <other otherDesc="SEDOL" value="BN4KQK8"/>
        </identifiers>
        <balance>1118620.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>340680.4300000000</valUSD>
        <pctVal>0.0016618585</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>InPost SA</name>
        <lei>2221003M23QLERR89585</lei>
        <title>InPost SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="LU2290522684"/>
          <ticker value="INPST"/>
          <other otherDesc="SEDOL" value="BN4N9C0"/>
        </identifiers>
        <balance>172823.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>3126775.8400000000</valUSD>
        <pctVal>0.0152525906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Delta Israel Brands Ltd</name>
        <lei>N/A</lei>
        <title>Delta Israel Brands Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011736993"/>
          <ticker value="DLTI"/>
          <other otherDesc="SEDOL" value="BN6J313"/>
        </identifiers>
        <balance>6971.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>262801.7900000000</valUSD>
        <pctVal>0.0012819621</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>EnSilica PLC</name>
        <lei>213800R6VXRU7MJTAF04</lei>
        <title>EnSilica PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BN7F1618"/>
          <ticker value="ENSI"/>
          <other otherDesc="SEDOL" value="BN7F161"/>
        </identifiers>
        <balance>25144.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>25295.9300000000</valUSD>
        <pctVal>0.0001233950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FleetPartners Group Ltd</name>
        <lei>N/A</lei>
        <title>FleetPartners Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000272924"/>
          <ticker value="FPR"/>
          <other otherDesc="SEDOL" value="BN7HDZ0"/>
        </identifiers>
        <balance>3876250.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>11600347.8200000000</valUSD>
        <pctVal>0.0565871574</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Inrom Construction Industries Ltd</name>
        <lei>N/A</lei>
        <title>Inrom Construction Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011323560"/>
          <ticker value="INRM"/>
          <other otherDesc="SEDOL" value="BN7ZFB4"/>
        </identifiers>
        <balance>2139.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="2.9899500000"/>
        <valUSD>18169.9900000000</valUSD>
        <pctVal>0.0000886342</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>Ontex Group NV</name>
        <lei>549300AQESC6JJOPW253</lei>
        <title>Ontex Group NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0974276082"/>
          <ticker value="ONTEX"/>
          <other otherDesc="SEDOL" value="BNBNNH6"/>
        </identifiers>
        <balance>515.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>1620.7600000000</valUSD>
        <pctVal>0.0000079062</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Engcon AB</name>
        <lei>549300EMZ2B768S85S50</lei>
        <title>Engcon AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0017769847"/>
          <ticker value="ENGCONB"/>
          <other otherDesc="SEDOL" value="BNBS2J6"/>
        </identifiers>
        <balance>98555.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>709424.2100000000</valUSD>
        <pctVal>0.0034606117</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dauch Corp</name>
        <lei>254900SMQY98VFKNCC32</lei>
        <title>Dauch Corp</title>
        <cusip>024061103</cusip>
        <identifiers>
          <isin value="US0240611030"/>
          <ticker value="DCH"/>
          <other otherDesc="SEDOL" value="BNBV4N3"/>
        </identifiers>
        <balance>45858.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>294360.7000000000</valUSD>
        <pctVal>0.0014359083</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>PolyPeptide Group AG</name>
        <lei>5067007JCKTPOX4G9758</lei>
        <title>PolyPeptide Group AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH1110760852"/>
          <ticker value="PPGN"/>
          <other otherDesc="SEDOL" value="BNC0LN8"/>
        </identifiers>
        <balance>386628.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>21059886.1500000000</valUSD>
        <pctVal>0.1027313242</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lassila &amp; Tikanoja Oyj</name>
        <lei>N/A</lei>
        <title>Lassila &amp; Tikanoja Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000592472"/>
          <ticker value="LASTIK"/>
          <other otherDesc="SEDOL" value="BNC39J9"/>
        </identifiers>
        <balance>60937.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>506086.5800000000</valUSD>
        <pctVal>0.0024687192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Luotea Plc</name>
        <lei>743700Z9Z54VGHZA0028</lei>
        <title>Luotea Plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000592464"/>
          <ticker value="LUOTEA"/>
          <other otherDesc="SEDOL" value="BNC3F46"/>
        </identifiers>
        <balance>29401.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>66525.6000000000</valUSD>
        <pctVal>0.0003245157</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>eRex Co Ltd</name>
        <lei>353800M1CP26TVM2CO37</lei>
        <title>eRex Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3130830007"/>
          <ticker value="9517"/>
          <other otherDesc="SEDOL" value="BSZM2N3"/>
        </identifiers>
        <balance>88200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>479501.7600000000</valUSD>
        <pctVal>0.0023390369</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>Hiab Oyj</name>
        <lei>5493002B0GOVF42KWX33</lei>
        <title>Hiab Oyj</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000571013"/>
          <ticker value="HIAB"/>
          <other otherDesc="SEDOL" value="BT195Y7"/>
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        <balance>63642.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>4656033.4900000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BW LPG Ltd</name>
        <lei>5493006WBEME88YFDW23</lei>
        <title>BW LPG Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXZ69436764"/>
          <ticker value="BWLPG"/>
          <other otherDesc="SEDOL" value="BT5GCN2"/>
        </identifiers>
        <balance>2286928.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>55442547.1200000000</valUSD>
        <pctVal>0.2704519028</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>NP3 Fastigheter AB</name>
        <lei>549300MGVITW8GYJHZ50</lei>
        <title>NP3 Fastigheter AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0006342333"/>
          <ticker value="NP3"/>
          <other otherDesc="SEDOL" value="BT6SSF1"/>
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        <balance>387777.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>10216805.9800000000</valUSD>
        <pctVal>0.0498381615</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mito Securities Co Ltd</name>
        <lei>353800D7Y06VGBGCRS38</lei>
        <title>Mito Securities Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3905400002"/>
          <ticker value="8622"/>
          <other otherDesc="SEDOL" value="6597971"/>
        </identifiers>
        <balance>51200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>311808.0900000000</valUSD>
        <pctVal>0.0015210176</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>Monadelphous Group Ltd</name>
        <lei>5299007YT51BCWZTYW93</lei>
        <title>Monadelphous Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MND5"/>
          <ticker value="MND"/>
          <other otherDesc="SEDOL" value="6600471"/>
        </identifiers>
        <balance>775924.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>15996530.3300000000</valUSD>
        <pctVal>0.0780319861</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morinaga Milk Industry Co Ltd</name>
        <lei>529900FB91P7MVO08949</lei>
        <title>Morinaga Milk Industry Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3926800008"/>
          <ticker value="2264"/>
          <other otherDesc="SEDOL" value="6602648"/>
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        <balance>4284600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>30690950.4000000000</valUSD>
        <pctVal>0.1497122042</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>Morita Holdings Corp</name>
        <lei>N/A</lei>
        <title>Morita Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3925600003"/>
          <ticker value="6455"/>
          <other otherDesc="SEDOL" value="6602745"/>
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        <balance>91500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1431447.2700000000</valUSD>
        <pctVal>0.0069826813</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>Dios Fastigheter AB</name>
        <lei>549300G3VF7LZQ9IW435</lei>
        <title>Dios Fastigheter AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0001634262"/>
          <ticker value="DIOS"/>
          <other otherDesc="SEDOL" value="B1323T9"/>
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        <balance>2914952.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>19521040.0000000000</valUSD>
        <pctVal>0.0952247450</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kaufman &amp; Broad SA</name>
        <lei>969500CE0X343D8ALO86</lei>
        <title>Kaufman &amp; Broad SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0004007813"/>
          <ticker value="KOF"/>
          <other otherDesc="SEDOL" value="B138HB7"/>
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        <balance>106279.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>2952480.4000000000</valUSD>
        <pctVal>0.0144023676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MBB SE</name>
        <lei>967600M9R4EFYLPNWR50</lei>
        <title>MBB SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A0ETBQ4"/>
          <ticker value="MBB"/>
          <other otherDesc="SEDOL" value="B13G625"/>
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        <balance>255.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>54952.1400000000</valUSD>
        <pctVal>0.0002680597</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CMC Markets PLC</name>
        <lei>213800VB75KAZBFH5U07</lei>
        <title>CMC Markets PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B14SKR37"/>
          <ticker value="CMCX"/>
          <other otherDesc="SEDOL" value="B14SKR3"/>
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        <balance>1951506.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>19094191.8400000000</valUSD>
        <pctVal>0.0931425554</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Wacom Co Ltd</name>
        <lei>353800R3B771OQOQPT02</lei>
        <title>Wacom Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3993400005"/>
          <ticker value="6727"/>
          <other otherDesc="SEDOL" value="6603920"/>
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        <balance>130300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>677996.8500000000</valUSD>
        <pctVal>0.0033073073</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Musashino Bank Ltd/The</name>
        <lei>353800L8RJMVN2OOS612</lei>
        <title>Musashino Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3912800004"/>
          <ticker value="8336"/>
          <other otherDesc="SEDOL" value="6611440"/>
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        <balance>1741700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>30667398.5700000000</valUSD>
        <pctVal>0.1495973170</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Scroll Corp</name>
        <lei>N/A</lei>
        <title>Scroll Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3913600007"/>
          <ticker value="8005"/>
          <other otherDesc="SEDOL" value="6611718"/>
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        <balance>722900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>8179112.6500000000</valUSD>
        <pctVal>0.0398981774</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Nojima Corp</name>
        <lei>N/A</lei>
        <title>Nojima Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3761600000"/>
          <ticker value="7419"/>
          <other otherDesc="SEDOL" value="6616876"/>
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        <balance>4877200.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>38981235.6000000000</valUSD>
        <pctVal>0.1901526876</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>NHK Spring Co Ltd</name>
        <lei>35380033IJ3XRDV8VH57</lei>
        <title>NHK Spring Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3742600004"/>
          <ticker value="5991"/>
          <other otherDesc="SEDOL" value="6619648"/>
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        <balance>414200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>8848507.5400000000</valUSD>
        <pctVal>0.0431635238</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>Nagase Brothers Inc</name>
        <lei>N/A</lei>
        <title>Nagase Brothers Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3647600000"/>
          <ticker value="9733"/>
          <other otherDesc="SEDOL" value="6619671"/>
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        <balance>19300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>286409.8400000000</valUSD>
        <pctVal>0.0013971235</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Nagase &amp; Co Ltd</name>
        <lei>353800VMIQIB0LSK1Q36</lei>
        <title>Nagase &amp; Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3647800006"/>
          <ticker value="8012"/>
          <other otherDesc="SEDOL" value="6619820"/>
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        <balance>1325500.0000000000</balance>
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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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nachi-Fujikoshi Corp</name>
        <lei>353800VMZ8DPGXDO5U37</lei>
        <title>Nachi-Fujikoshi Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3813200007"/>
          <ticker value="6474"/>
          <other otherDesc="SEDOL" value="6619905"/>
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        <balance>387900.0000000000</balance>
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        <valUSD>13552395.9500000000</valUSD>
        <pctVal>0.0661093594</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Bank of Nagoya Ltd/The</name>
        <lei>353800P9H4582TP8FA91</lei>
        <title>Bank of Nagoya Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3648800005"/>
          <ticker value="8522"/>
          <other otherDesc="SEDOL" value="6620093"/>
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        <balance>448800.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>20306190.2500000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nippon Densetsu Kogyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Densetsu Kogyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3736200001"/>
          <ticker value="1950"/>
          <other otherDesc="SEDOL" value="6640325"/>
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        <balance>47000.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1160110.3300000000</valUSD>
        <pctVal>0.0056590843</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>
      <invstOrSec>
        <name>Nippon Chemi-Con Corp</name>
        <lei>3538000QDJZYW8EVSQ98</lei>
        <title>Nippon Chemi-Con Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3701200002"/>
          <ticker value="6997"/>
          <other otherDesc="SEDOL" value="6640358"/>
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        <balance>726100.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>13221934.1300000000</valUSD>
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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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nippon Denko Co Ltd</name>
        <lei>3538004G9RTDJWY4O927</lei>
        <title>Nippon Denko Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3734600004"/>
          <ticker value="5563"/>
          <other otherDesc="SEDOL" value="6640369"/>
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        <balance>2179800.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>5985535.2900000000</valUSD>
        <pctVal>0.0291977821</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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nippon Shinyaku Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Shinyaku Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3717600005"/>
          <ticker value="4516"/>
          <other otherDesc="SEDOL" value="6640563"/>
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        <balance>381200.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>8458874.1100000000</valUSD>
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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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nippon Carbide Industries Co Inc</name>
        <lei>N/A</lei>
        <title>Nippon Carbide Industries Co Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3690000009"/>
          <ticker value="4064"/>
          <other otherDesc="SEDOL" value="6640648"/>
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        <balance>122600.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2592577.0200000000</valUSD>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nippon Beet Sugar Manufacturing Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Beet Sugar Manufacturing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3732600006"/>
          <ticker value="2108"/>
          <other otherDesc="SEDOL" value="6640660"/>
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        <balance>8300.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nippn Corp</name>
        <lei>353800V7HRZ1HQGJCW63</lei>
        <title>Nippn Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3723000000"/>
          <ticker value="2001"/>
          <other otherDesc="SEDOL" value="6640745"/>
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        <balance>132200.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NH Foods Ltd</name>
        <lei>353800NLDBIOUQILWU82</lei>
        <title>NH Foods Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3743000006"/>
          <ticker value="2282"/>
          <other otherDesc="SEDOL" value="6640767"/>
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        <balance>188700.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>Nikkato Corp</name>
        <lei>N/A</lei>
        <title>Nikkato Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3667000008"/>
          <ticker value="5367"/>
          <other otherDesc="SEDOL" value="6640819"/>
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        <balance>3900.0000000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nissui Corp</name>
        <lei>529900MPH5BMANQ3EC50</lei>
        <title>Nissui Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3718800000"/>
          <ticker value="1332"/>
          <other otherDesc="SEDOL" value="6640927"/>
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        <balance>5071100.0000000000</balance>
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        <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>Nishimatsu Construction Co Ltd</name>
        <lei>N/A</lei>
        <title>Nishimatsu Construction Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3659200004"/>
          <ticker value="1820"/>
          <other otherDesc="SEDOL" value="6640983"/>
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        <balance>9600.0000000000</balance>
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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>Nisshin Oillio Group Ltd/The</name>
        <lei>549300DMFXTY70ZEGQ59</lei>
        <title>Nisshin Oillio Group Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3677200002"/>
          <ticker value="2602"/>
          <other otherDesc="SEDOL" value="6641049"/>
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        <balance>435900.0000000000</balance>
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        <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>Nippon Concrete Industries Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Concrete Industries Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3708400001"/>
          <ticker value="5269"/>
          <other otherDesc="SEDOL" value="6641180"/>
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        <balance>3300.0000000000</balance>
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        <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>NSK Ltd</name>
        <lei>353800FVQK6SULSPBC69</lei>
        <title>NSK Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3720800006"/>
          <ticker value="6471"/>
          <other otherDesc="SEDOL" value="6641544"/>
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        <balance>1599000.0000000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nipro Corp</name>
        <lei>353800AKDDNW0E810O26</lei>
        <title>Nipro Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3673600007"/>
          <ticker value="8086"/>
          <other otherDesc="SEDOL" value="6641599"/>
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        <balance>4602900.0000000000</balance>
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        <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>Nissha Co Ltd</name>
        <lei>353800DMEBG4RFUJ0P59</lei>
        <title>Nissha Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3713200008"/>
          <ticker value="7915"/>
          <other otherDesc="SEDOL" value="6641986"/>
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        <balance>193700.0000000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</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>NOK Corp</name>
        <lei>N/A</lei>
        <title>NOK Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3164800009"/>
          <ticker value="7240"/>
          <other otherDesc="SEDOL" value="6642428"/>
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        <balance>1278400.0000000000</balance>
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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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nippon Sharyo Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Sharyo Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3713600009"/>
          <ticker value="7102"/>
          <other otherDesc="SEDOL" value="6642503"/>
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        <balance>103100.0000000000</balance>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nippon Signal Co Ltd</name>
        <lei>353800WH3SH4B0OO8074</lei>
        <title>Nippon Signal Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3716000009"/>
          <ticker value="6741"/>
          <other otherDesc="SEDOL" value="6642525"/>
        </identifiers>
        <balance>372400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4320772.3900000000</valUSD>
        <pctVal>0.0210769738</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>Nippon Seiki Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Seiki Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3720600000"/>
          <ticker value="7287"/>
          <other otherDesc="SEDOL" value="6642536"/>
        </identifiers>
        <balance>847900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>14438446.7100000000</valUSD>
        <pctVal>0.0704315655</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>Nippon Seisen Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Seisen Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3721800005"/>
          <ticker value="5659"/>
          <other otherDesc="SEDOL" value="6642547"/>
        </identifiers>
        <balance>1800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>16045.3900000000</valUSD>
        <pctVal>0.0000782703</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>SBM Offshore NV</name>
        <lei>549300RDGCRYZ5QE6513</lei>
        <title>SBM Offshore NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000360618"/>
          <ticker value="SBMO"/>
          <other otherDesc="SEDOL" value="B156T57"/>
        </identifiers>
        <balance>604206.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>24717218.0700000000</valUSD>
        <pctVal>0.1205719976</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oesterreichische Post AG</name>
        <lei>529900MVUWACNUTK8467</lei>
        <title>Oesterreichische Post AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000APOST4"/>
          <ticker value="POST"/>
          <other otherDesc="SEDOL" value="B1577G7"/>
        </identifiers>
        <balance>444230.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>16009535.9000000000</valUSD>
        <pctVal>0.0780954280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DNO ASA</name>
        <lei>5967007LIEEXZXH3K072</lei>
        <title>DNO ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0003921009"/>
          <ticker value="DNO"/>
          <other otherDesc="SEDOL" value="B15GGN4"/>
        </identifiers>
        <balance>9587417.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>18500319.0000000000</valUSD>
        <pctVal>0.0902456098</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TGS ASA</name>
        <lei>549300NUPLAXPB0WYH90</lei>
        <title>TGS ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0003078800"/>
          <ticker value="TGS"/>
          <other otherDesc="SEDOL" value="B15SLC4"/>
        </identifiers>
        <balance>4477752.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>65250863.1500000000</valUSD>
        <pctVal>0.3182974271</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banyan Tree Holdings Ltd</name>
        <lei>254900PU1R3XDPBY5390</lei>
        <title>Banyan Tree Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1T49930665"/>
          <ticker value="BTH"/>
          <other otherDesc="SEDOL" value="B168CV9"/>
        </identifiers>
        <balance>39500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>16142.1400000000</valUSD>
        <pctVal>0.0000787423</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>Tecnicas Reunidas SA</name>
        <lei>213800JEZBUPZKWJGF49</lei>
        <title>Tecnicas Reunidas SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0178165017"/>
          <ticker value="TRE"/>
          <other otherDesc="SEDOL" value="B16FTB9"/>
        </identifiers>
        <balance>268205.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>8212958.0500000000</valUSD>
        <pctVal>0.0400632772</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JET2 PLC</name>
        <lei>I72RQ3PNLDPW8R7JIJ56</lei>
        <title>JET2 PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1722W11"/>
          <ticker value="JET2"/>
          <other otherDesc="SEDOL" value="B1722W1"/>
        </identifiers>
        <balance>2980560.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>60565386.1400000000</valUSD>
        <pctVal>0.2954414033</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Burckhardt Compression Holding AG</name>
        <lei>5067004N56DLX7GY3E95</lei>
        <title>Burckhardt Compression Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0025536027"/>
          <ticker value="BCHN"/>
          <other otherDesc="SEDOL" value="B176416"/>
        </identifiers>
        <balance>51974.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>32846099.8000000000</valUSD>
        <pctVal>0.1602251457</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Investec PLC</name>
        <lei>2138007Z3U5GWDN3MY22</lei>
        <title>Investec PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B17BBQ50"/>
          <ticker value="INVP"/>
          <other otherDesc="SEDOL" value="B17BBQ5"/>
        </identifiers>
        <balance>1929837.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>17169981.3300000000</valUSD>
        <pctVal>0.0837561469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Catalyst Metals Ltd</name>
        <lei>N/A</lei>
        <title>Catalyst Metals Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CYL6"/>
          <ticker value="CYL"/>
          <other otherDesc="SEDOL" value="B17P5V0"/>
        </identifiers>
        <balance>3347246.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>15598285.9600000000</valUSD>
        <pctVal>0.0760893274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wacker Neuson SE</name>
        <lei>529900RJL86244E1I652</lei>
        <title>Wacker Neuson SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000WACK012"/>
          <ticker value="WAC"/>
          <other otherDesc="SEDOL" value="B17R248"/>
        </identifiers>
        <balance>460459.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>12176658.0400000000</valUSD>
        <pctVal>0.0593984315</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Emeco Holdings Ltd</name>
        <lei>5299005P968PATHZP480</lei>
        <title>Emeco Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000EHL7"/>
          <ticker value="EHL"/>
          <other otherDesc="SEDOL" value="B1978V5"/>
        </identifiers>
        <balance>2970281.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>2423521.8400000000</valUSD>
        <pctVal>0.0118220776</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITED Inc/Japan</name>
        <lei>N/A</lei>
        <title>UNITED Inc/Japan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3758130003"/>
          <ticker value="2497"/>
          <other otherDesc="SEDOL" value="B19RSQ0"/>
        </identifiers>
        <balance>3900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>13222.4400000000</valUSD>
        <pctVal>0.0000644998</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>PZ Cussons PLC</name>
        <lei>XB3CXKKKED7OMV80FY35</lei>
        <title>PZ Cussons PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B19Z1432"/>
          <ticker value="PZC"/>
          <other otherDesc="SEDOL" value="B19Z143"/>
        </identifiers>
        <balance>219529.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>307851.1000000000</valUSD>
        <pctVal>0.0015017152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DCM Holdings Co Ltd</name>
        <lei>353800S1QF5V2DN70A36</lei>
        <title>DCM Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3548660004"/>
          <ticker value="3050"/>
          <other otherDesc="SEDOL" value="B1B0V35"/>
        </identifiers>
        <balance>347500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3462647.0100000000</valUSD>
        <pctVal>0.0168909893</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>MIXI Inc</name>
        <lei>529900IL3THMH0SFYQ49</lei>
        <title>Mixi Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3882750007"/>
          <ticker value="2121"/>
          <other otherDesc="SEDOL" value="B1BSCX6"/>
        </identifiers>
        <balance>288200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>6564702.7000000000</valUSD>
        <pctVal>0.0320229937</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>Dunelm Group PLC</name>
        <lei>213800WCOWEI3T5DUV19</lei>
        <title>Dunelm Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1CKQ739"/>
          <ticker value="DNLM"/>
          <other otherDesc="SEDOL" value="B1CKQ73"/>
        </identifiers>
        <balance>1549410.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>18232076.7600000000</valUSD>
        <pctVal>0.0889371089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Furuya Metal Co Ltd</name>
        <lei>N/A</lei>
        <title>Furuya Metal Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3828850002"/>
          <ticker value="7826"/>
          <other otherDesc="SEDOL" value="B1CP139"/>
        </identifiers>
        <balance>26400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1489828.5600000000</valUSD>
        <pctVal>0.0072674686</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>SRA Holdings</name>
        <lei>N/A</lei>
        <title>SRA Holdings</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3161450006"/>
          <ticker value="3817"/>
          <other otherDesc="SEDOL" value="B1D3PK7"/>
        </identifiers>
        <balance>24400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>761137.7200000000</valUSD>
        <pctVal>0.0037128732</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>LIFULL Co Ltd</name>
        <lei>N/A</lei>
        <title>LIFULL Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3758140002"/>
          <ticker value="2120"/>
          <other otherDesc="SEDOL" value="B1FM483"/>
        </identifiers>
        <balance>638900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>957641.1500000000</valUSD>
        <pctVal>0.0046714281</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>Mitchells &amp; Butlers PLC</name>
        <lei>213800JHYNDNB1NS2W10</lei>
        <title>Mitchells &amp; Butlers PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1FP6H53"/>
          <ticker value="MAB"/>
          <other otherDesc="SEDOL" value="B1FP6H5"/>
        </identifiers>
        <balance>4375088.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>16574970.3900000000</valUSD>
        <pctVal>0.0808536497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>G5 Entertainment AB</name>
        <lei>549300K7QJ1N1FEG2X81</lei>
        <title>G5 Entertainment AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0001824004"/>
          <ticker value="G5EN"/>
          <other otherDesc="SEDOL" value="B1FP6W0"/>
        </identifiers>
        <balance>33668.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>210181.7000000000</valUSD>
        <pctVal>0.0010252783</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lang &amp; Schwarz AG</name>
        <lei>5299000W5UY6SNDKTT52</lei>
        <title>Lang &amp; Schwarz AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000LS1LUS9"/>
          <ticker value="LUS1"/>
          <other otherDesc="SEDOL" value="B1FPR72"/>
        </identifiers>
        <balance>46492.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>976224.1500000000</valUSD>
        <pctVal>0.0047620770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hochschild Mining PLC</name>
        <lei>549300JK10TVQ3CCJQ89</lei>
        <title>Hochschild Mining PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1FW5029"/>
          <ticker value="HOC"/>
          <other otherDesc="SEDOL" value="B1FW502"/>
        </identifiers>
        <balance>7119957.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>62978442.0200000000</valUSD>
        <pctVal>0.3072124274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Riverstone Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Riverstone Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1U22933048"/>
          <ticker value="RSTON"/>
          <other otherDesc="SEDOL" value="B1G16Z0"/>
        </identifiers>
        <balance>19900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>12446.6700000000</valUSD>
        <pctVal>0.0000607156</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>LSL Property Services PLC</name>
        <lei>213800T4VM5VR3C7S706</lei>
        <title>LSL Property Services PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1G5HX72"/>
          <ticker value="LSL"/>
          <other otherDesc="SEDOL" value="B1G5HX7"/>
        </identifiers>
        <balance>84723.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>319547.2100000000</valUSD>
        <pctVal>0.0015587695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Polar Capital Holdings PLC</name>
        <lei>549300OXX7YE1947B825</lei>
        <title>Polar Capital Holdings PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1GCLT25"/>
          <ticker value="POLR"/>
          <other otherDesc="SEDOL" value="B1GCLT2"/>
        </identifiers>
        <balance>1113274.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>13200207.4800000000</valUSD>
        <pctVal>0.0643913640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vertu Motors PLC</name>
        <lei>213800GIKJEIUIGMI575</lei>
        <title>Vertu Motors PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1GK4645"/>
          <ticker value="VTU"/>
          <other otherDesc="SEDOL" value="B1GK464"/>
        </identifiers>
        <balance>2529099.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>3108891.1600000000</valUSD>
        <pctVal>0.0151653482</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hirata Corp</name>
        <lei>35380029GYVBXAH9T342</lei>
        <title>Hirata Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3795300007"/>
          <ticker value="6258"/>
          <other otherDesc="SEDOL" value="B1GZ9S6"/>
        </identifiers>
        <balance>282000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>6262526.6100000000</valUSD>
        <pctVal>0.0305489615</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>Kyoei Steel Ltd</name>
        <lei>N/A</lei>
        <title>Kyoei Steel Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3247400009"/>
          <ticker value="5440"/>
          <other otherDesc="SEDOL" value="B1HHF49"/>
        </identifiers>
        <balance>398100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>5124172.1500000000</valUSD>
        <pctVal>0.0249960036</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>Clariane SE</name>
        <lei>969500WEPS61H6TJM037</lei>
        <title>Clariane SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010386334"/>
          <ticker value="CLARI"/>
          <other otherDesc="SEDOL" value="B1HKRM0"/>
        </identifiers>
        <balance>654851.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>3026041.6000000000</valUSD>
        <pctVal>0.0147612033</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gas Plus SpA</name>
        <lei>815600CF7B5169BBF109</lei>
        <title>Gas Plus SpA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0004098510"/>
          <ticker value="GSP"/>
          <other otherDesc="SEDOL" value="B1J0FQ8"/>
        </identifiers>
        <balance>174472.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>1220865.8500000000</valUSD>
        <pctVal>0.0059554532</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TKH Group NV</name>
        <lei>7245008G22FOV7TYYJ34</lei>
        <title>TKH Group NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000852523"/>
          <ticker value="TWEKA"/>
          <other otherDesc="SEDOL" value="B1WFDQ6"/>
        </identifiers>
        <balance>59131.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>3553877.7200000000</valUSD>
        <pctVal>0.0173360179</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>D/S Norden A/S</name>
        <lei>529900RGXD3CBR3BRU63</lei>
        <title>D/S Norden A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0060083210"/>
          <ticker value="DNORD"/>
          <other otherDesc="SEDOL" value="B1WP656"/>
        </identifiers>
        <balance>786987.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.4354500000"/>
        <valUSD>43989806.1400000000</valUSD>
        <pctVal>0.2145847800</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EJ Holdings Inc</name>
        <lei>N/A</lei>
        <title>EJ Holdings Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3130480001"/>
          <ticker value="2153"/>
          <other otherDesc="SEDOL" value="B1WT1F3"/>
        </identifiers>
        <balance>1000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>11784.0000000000</valUSD>
        <pctVal>0.0000574830</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>Ferrexpo PLC</name>
        <lei>213800CEDKSNUTPAQZ41</lei>
        <title>Ferrexpo PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1XH2C03"/>
          <ticker value="FXPO"/>
          <other otherDesc="SEDOL" value="B1XH2C0"/>
        </identifiers>
        <balance>3073210.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>893221.2700000000</valUSD>
        <pctVal>0.0043571842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sparx Group Co Ltd</name>
        <lei>N/A</lei>
        <title>Sparx Group Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3399900004"/>
          <ticker value="8739"/>
          <other otherDesc="SEDOL" value="6419224"/>
        </identifiers>
        <balance>30100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>491556.5700000000</valUSD>
        <pctVal>0.0023978409</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>Heiwa Corp</name>
        <lei>529900N1BTC5X6TU7W19</lei>
        <title>Heiwa Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3834200002"/>
          <ticker value="6412"/>
          <other otherDesc="SEDOL" value="6419581"/>
        </identifiers>
        <balance>326600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4529857.1100000000</valUSD>
        <pctVal>0.0220969010</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>Heiwado Co Ltd</name>
        <lei>N/A</lei>
        <title>Heiwado Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3834400008"/>
          <ticker value="8276"/>
          <other otherDesc="SEDOL" value="6419611"/>
        </identifiers>
        <balance>771400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>12866924.6900000000</valUSD>
        <pctVal>0.0627655915</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>Take And Give Needs Co Ltd</name>
        <lei>N/A</lei>
        <title>Take And Give Needs Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3539350003"/>
          <ticker value="4331"/>
          <other otherDesc="SEDOL" value="6421519"/>
        </identifiers>
        <balance>14700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>68588.9000000000</valUSD>
        <pctVal>0.0003345806</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>Boss Energy Ltd</name>
        <lei>9845000ED0A5F908A057</lei>
        <title>Boss Energy Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000BOE4"/>
          <ticker value="BOE"/>
          <other otherDesc="SEDOL" value="B1XLCQ6"/>
        </identifiers>
        <balance>137959.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>139929.0100000000</valUSD>
        <pctVal>0.0006825817</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Whitehaven Coal Ltd</name>
        <lei>529900WCZ4I6ZO3RRP86</lei>
        <title>Whitehaven Coal Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000WHC8"/>
          <ticker value="WHC"/>
          <other otherDesc="SEDOL" value="B1XQXC4"/>
        </identifiers>
        <balance>16200089.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>99422643.8500000000</valUSD>
        <pctVal>0.4849893197</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grieg Seafood ASA</name>
        <lei>5967007LIEEXZXH5VC37</lei>
        <title>Grieg Seafood ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010365521"/>
          <ticker value="GSF"/>
          <other otherDesc="SEDOL" value="B1Y1P66"/>
        </identifiers>
        <balance>1328223.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>4120794.7500000000</valUSD>
        <pctVal>0.0201014715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Koshidaka Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Koshidaka Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3297360004"/>
          <ticker value="2157"/>
          <other otherDesc="SEDOL" value="B1Y3VL9"/>
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        <balance>212600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1361655.9400000000</valUSD>
        <pctVal>0.0066422352</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>
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      </invstOrSec>
      <invstOrSec>
        <name>NPC Inc/Japan</name>
        <lei>529900VETXGYOTEUC698</lei>
        <title>NPC Inc/Japan</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3165840004"/>
          <ticker value="6255"/>
          <other otherDesc="SEDOL" value="B1Y8KR3"/>
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        <balance>500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>2112.8900000000</valUSD>
        <pctVal>0.0000103068</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>Cie des Alpes</name>
        <lei>96950029IN3GW457GG90</lei>
        <title>Cie des Alpes</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000053324"/>
          <ticker value="CDA"/>
          <other otherDesc="SEDOL" value="B1YBWR6"/>
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        <balance>656328.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>15233807.4300000000</valUSD>
        <pctVal>0.0743113803</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Steico SE</name>
        <lei>5299007UCGLCBLO3OE49</lei>
        <title>Steico SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A0LR936"/>
          <ticker value="ST5"/>
          <other otherDesc="SEDOL" value="B1YNGV4"/>
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        <balance>627.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>13788.7700000000</valUSD>
        <pctVal>0.0000672624</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Solaria Energia y Medio Ambiente SA</name>
        <lei>959800PM2YJU406K2789</lei>
        <title>Solaria Energia y Medio Ambiente SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0165386014"/>
          <ticker value="SLR"/>
          <other otherDesc="SEDOL" value="B1YVKJ4"/>
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        <balance>228938.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>4499763.3700000000</valUSD>
        <pctVal>0.0219501020</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KBC Ancora</name>
        <lei>549300I4XZ0RR3ZOSZ55</lei>
        <title>KBC Ancora</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003867844"/>
          <ticker value="KBCA"/>
          <other otherDesc="SEDOL" value="B1YWXY3"/>
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        <balance>133925.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>14494412.1100000000</valUSD>
        <pctVal>0.0707045679</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daetwyler Holding AG</name>
        <lei>52990096G2IJ89SWI669</lei>
        <title>Daetwyler Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0030486770"/>
          <ticker value="DAE"/>
          <other otherDesc="SEDOL" value="B1Z4WD0"/>
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        <balance>117746.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>19497995.7400000000</valUSD>
        <pctVal>0.0951123338</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>
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      </invstOrSec>
      <invstOrSec>
        <name>AMG Critical Materials NV</name>
        <lei>5493006MN6OH67U2YI74</lei>
        <title>AMG Critical Materials NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000888691"/>
          <ticker value="AMG"/>
          <other otherDesc="SEDOL" value="B1Z95S1"/>
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        <balance>164501.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>6224180.3500000000</valUSD>
        <pctVal>0.0303619063</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dear Life Co Ltd</name>
        <lei>N/A</lei>
        <title>Dear Life Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3548720006"/>
          <ticker value="3245"/>
          <other otherDesc="SEDOL" value="B1Z9SZ9"/>
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        <balance>2500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>18134.1400000000</valUSD>
        <pctVal>0.0000884594</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>
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      </invstOrSec>
      <invstOrSec>
        <name>BLUENORD ASA</name>
        <lei>5967007LIEEXZXGE3C16</lei>
        <title>BLUENORD ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010379266"/>
          <ticker value="BNOR"/>
          <other otherDesc="SEDOL" value="B23D2M5"/>
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        <balance>133903.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NOK" exchangeRt="9.3437500000"/>
        <valUSD>7923196.3600000000</valUSD>
        <pctVal>0.0386498031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Capitaland India Trust</name>
        <lei>N/A</lei>
        <title>Capitaland India Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1V35936920"/>
          <ticker value="CLINT"/>
          <other otherDesc="SEDOL" value="B23DMQ9"/>
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        <balance>3781200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>2898402.3900000000</valUSD>
        <pctVal>0.0141385719</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>
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      </invstOrSec>
      <invstOrSec>
        <name>MEKO AB</name>
        <lei>529900R809HC1RFRQA91</lei>
        <title>MEKO AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0002110064"/>
          <ticker value="MEKO"/>
          <other otherDesc="SEDOL" value="B23PWD2"/>
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        <balance>616171.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>4762576.0300000000</valUSD>
        <pctVal>0.0232321171</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>2G Energy AG</name>
        <lei>529900GC2NUJ6F0TSK26</lei>
        <title>2G Energy AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A0HL8N9"/>
          <ticker value="2GB"/>
          <other otherDesc="SEDOL" value="B23PWM1"/>
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        <balance>41383.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>2648499.5500000000</valUSD>
        <pctVal>0.0129195317</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ito En Ltd</name>
        <lei>N/A</lei>
        <title>Ito En Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3143000101"/>
          <ticker value="25935"/>
          <other otherDesc="SEDOL" value="B23PWV0"/>
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        <balance>310000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3461739.6000000000</valUSD>
        <pctVal>0.0168865629</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>
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      </invstOrSec>
      <invstOrSec>
        <name>J Front Retailing Co Ltd</name>
        <lei>N/A</lei>
        <title>J Front Retailing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3386380004"/>
          <ticker value="3086"/>
          <other otherDesc="SEDOL" value="B23TC12"/>
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        <balance>1233300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>22745736.6300000000</valUSD>
        <pctVal>0.1109549989</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>
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      </invstOrSec>
      <invstOrSec>
        <name>H+H International A/S</name>
        <lei>213800GJODT6FV8QM841</lei>
        <title>H+H International A/S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0015202451"/>
          <ticker value="HH"/>
          <other otherDesc="SEDOL" value="4399607"/>
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        <balance>370.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.4354500000"/>
        <valUSD>5909.9100000000</valUSD>
        <pctVal>0.0000288289</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Peab AB</name>
        <lei>549300FQS4VD3153I854</lei>
        <title>Peab AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000106205"/>
          <ticker value="PEABB"/>
          <other otherDesc="SEDOL" value="4407760"/>
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        <balance>4723786.0000000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.5776500000"/>
        <valUSD>48420125.1000000000</valUSD>
        <pctVal>0.2361961282</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UNIQA Insurance Group AG</name>
        <lei>529900OOW8ELHOXWZP82</lei>
        <title>UNIQA Insurance Group AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000821103"/>
          <ticker value="UQA"/>
          <other otherDesc="SEDOL" value="4422332"/>
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        <balance>416844.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>8519165.9400000000</valUSD>
        <pctVal>0.0415569767</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Interparfums SA</name>
        <lei>969500SARWF33OPQED48</lei>
        <title>Interparfums SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0004024222"/>
          <ticker value="ITP"/>
          <other otherDesc="SEDOL" value="4433839"/>
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        <balance>3851.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>126191.4900000000</valUSD>
        <pctVal>0.0006155693</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Keiyo Bank Ltd/The</name>
        <lei>353800HBJ702X2J5OX58</lei>
        <title>Keiyo Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3281600001"/>
          <ticker value="8544"/>
          <other otherDesc="SEDOL" value="6190648"/>
        </identifiers>
        <balance>461100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>8169391.4700000000</valUSD>
        <pctVal>0.0398507569</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>Chino Corp</name>
        <lei>N/A</lei>
        <title>Chino Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3511000006"/>
          <ticker value="6850"/>
          <other otherDesc="SEDOL" value="6190905"/>
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        <balance>20600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>216940.7100000000</valUSD>
        <pctVal>0.0010582491</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>Nippon Rietec Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Rietec Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3510600004"/>
          <ticker value="1938"/>
          <other otherDesc="SEDOL" value="6191373"/>
        </identifiers>
        <balance>11800.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>186455.2700000000</valUSD>
        <pctVal>0.0009095394</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>Chori Co Ltd</name>
        <lei>N/A</lei>
        <title>Chori Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3528200003"/>
          <ticker value="8014"/>
          <other otherDesc="SEDOL" value="6193506"/>
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        <balance>22200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>592232.5600000000</valUSD>
        <pctVal>0.0028889442</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>Chow Sang Sang Holdings International Ltd</name>
        <lei>N/A</lei>
        <title>Chow Sang Sang Holdings International Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG2113M1203"/>
          <ticker value="116"/>
          <other otherDesc="SEDOL" value="6193681"/>
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        <balance>339000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
        <valUSD>604603.2300000000</valUSD>
        <pctVal>0.0029492890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Chubu Shiryo Co Ltd</name>
        <lei>N/A</lei>
        <title>Chubu Shiryo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3525400002"/>
          <ticker value="2053"/>
          <other otherDesc="SEDOL" value="6195665"/>
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        <balance>88600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>1115085.5100000000</valUSD>
        <pctVal>0.0054394506</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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Chuetsu Pulp &amp; Paper Co Ltd</name>
        <lei>N/A</lei>
        <title>Chuetsu Pulp &amp; Paper Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3513400006"/>
          <ticker value="3877"/>
          <other otherDesc="SEDOL" value="6195706"/>
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        <balance>10800.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>151864.1200000000</valUSD>
        <pctVal>0.0007408018</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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Chugai Ro Co Ltd</name>
        <lei>N/A</lei>
        <title>Chugai Ro Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3519800001"/>
          <ticker value="1964"/>
          <other otherDesc="SEDOL" value="6196323"/>
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        <balance>34500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>869170.1900000000</valUSD>
        <pctVal>0.0042398617</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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Iwatani Corp</name>
        <lei>353800TSKIDNENNV2L96</lei>
        <title>Iwatani Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3151600008"/>
          <ticker value="8088"/>
          <other otherDesc="SEDOL" value="6468204"/>
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        <balance>2203000.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>
      <invstOrSec>
        <name>JSP Corp</name>
        <lei>N/A</lei>
        <title>JSP Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3386000008"/>
          <ticker value="7942"/>
          <other otherDesc="SEDOL" value="6468356"/>
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        <balance>157900.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Jaccs Co Ltd</name>
        <lei>N/A</lei>
        <title>Jaccs Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3388600003"/>
          <ticker value="8584"/>
          <other otherDesc="SEDOL" value="6468624"/>
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        <balance>570800.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JANOME Corp</name>
        <lei>N/A</lei>
        <title>JANOME Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3389400007"/>
          <ticker value="6445"/>
          <other otherDesc="SEDOL" value="6470102"/>
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        <balance>11500.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Japan Pulp &amp; Paper Co Ltd</name>
        <lei>N/A</lei>
        <title>Japan Pulp &amp; Paper Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3694000005"/>
          <ticker value="8032"/>
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        <balance>1271800.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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        <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>Japan Aviation Electronics Industry Ltd</name>
        <lei>353800OSHAMOO6TCTF61</lei>
        <title>Japan Aviation Electronics Industry Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3705600009"/>
          <ticker value="6807"/>
          <other otherDesc="SEDOL" value="6470351"/>
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        <balance>392200.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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        <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>Nihon Nohyaku Co Ltd</name>
        <lei>N/A</lei>
        <title>Nihon Nohyaku Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3741800001"/>
          <ticker value="4997"/>
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        <balance>202900.0000000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nippon Shokubai Co Ltd</name>
        <lei>N/A</lei>
        <title>Nippon Shokubai Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3715200006"/>
          <ticker value="4114"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JGC Holdings Corp</name>
        <lei>5493003WMGG79YLARU68</lei>
        <title>JGC Holdings Corp</title>
        <cusip>N/A</cusip>
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          <isin value="JP3667600005"/>
          <ticker value="1963"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Japan Cash Machine Co Ltd</name>
        <lei>529900VTRP4Q4XZ7KH67</lei>
        <title>Japan Cash Machine Co Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="JP3697800005"/>
          <ticker value="6418"/>
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        <balance>143400.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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        <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>Regis Resources Ltd</name>
        <lei>213800XH9YUXBLYBD749</lei>
        <title>Regis Resources Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="AU000000RRL8"/>
          <ticker value="RRL"/>
          <other otherDesc="SEDOL" value="6476542"/>
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        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
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        <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>Joshin Corp</name>
        <lei>N/A</lei>
        <title>Joshin Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3393000009"/>
          <ticker value="8173"/>
          <other otherDesc="SEDOL" value="6479604"/>
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        <balance>528300.0000000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>K Wah International Holdings Ltd</name>
        <lei>529900ZOP51K5LHLPK04</lei>
        <title>K Wah International Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG5321P1169"/>
          <ticker value="173"/>
          <other otherDesc="SEDOL" value="6480082"/>
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        <balance>2026000.0000000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kaga Electronics Co Ltd</name>
        <lei>3538005V2HARHWLTPJ42</lei>
        <title>Kaga Electronics Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3206200002"/>
          <ticker value="8154"/>
          <other otherDesc="SEDOL" value="6480758"/>
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        <balance>910400.0000000000</balance>
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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>
      <invstOrSec>
        <name>Kamei Corp</name>
        <lei>N/A</lei>
        <title>Kamei Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3219400003"/>
          <ticker value="8037"/>
          <other otherDesc="SEDOL" value="6482550"/>
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        <balance>492600.0000000000</balance>
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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>
      <invstOrSec>
        <name>Kanamoto Co Ltd</name>
        <lei>N/A</lei>
        <title>Kanamoto Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3215200001"/>
          <ticker value="9678"/>
          <other otherDesc="SEDOL" value="6482903"/>
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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>
      <invstOrSec>
        <name>Kanaden Corp</name>
        <lei>N/A</lei>
        <title>Kanaden Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3215000005"/>
          <ticker value="8081"/>
          <other otherDesc="SEDOL" value="6483304"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kaneka Corp</name>
        <lei>529900FWWCF6RY313R16</lei>
        <title>Kaneka Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3215800008"/>
          <ticker value="4118"/>
          <other otherDesc="SEDOL" value="6483360"/>
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        <balance>1182000.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kanematsu Corp</name>
        <lei>353800N574WR0FX80I71</lei>
        <title>Kanematsu Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3217100001"/>
          <ticker value="8020"/>
          <other otherDesc="SEDOL" value="6483467"/>
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        <balance>3156500.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>44397294.8300000000</valUSD>
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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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kanto Denka Kogyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Kanto Denka Kogyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3232600001"/>
          <ticker value="4047"/>
          <other otherDesc="SEDOL" value="6483627"/>
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        <balance>1077500.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>Tsukuba Bank Ltd</name>
        <lei>353800EK5SV3OYOMZE38</lei>
        <title>Tsukuba Bank Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3231000005"/>
          <ticker value="8338"/>
          <other otherDesc="SEDOL" value="6483638"/>
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        <balance>1972600.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kato Sangyo Co Ltd</name>
        <lei>N/A</lei>
        <title>Kato Sangyo Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3213300001"/>
          <ticker value="9869"/>
          <other otherDesc="SEDOL" value="6484181"/>
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        <balance>201200.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>K's Holdings Corp</name>
        <lei>3538003LJ09YLR6NHG27</lei>
        <title>K's Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3277150003"/>
          <ticker value="8282"/>
          <other otherDesc="SEDOL" value="6484277"/>
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        <balance>1006800.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KYB Corp</name>
        <lei>353800TNYJJSI69KPE33</lei>
        <title>KYB Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3220200004"/>
          <ticker value="7242"/>
          <other otherDesc="SEDOL" value="6485009"/>
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        <balance>942000.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Konishi Co Ltd</name>
        <lei>N/A</lei>
        <title>Konishi Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3300800004"/>
          <ticker value="4956"/>
          <other otherDesc="SEDOL" value="6485861"/>
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        <balance>4000.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kerry Properties Ltd</name>
        <lei>5299006T5ULIIRZ7LK49</lei>
        <title>Kerry Properties Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG524401079"/>
          <ticker value="683"/>
          <other otherDesc="SEDOL" value="6486314"/>
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        <balance>4500500.0000000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.8384500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>G-Tekt Corp</name>
        <lei>N/A</lei>
        <title>G-Tekt Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3236750000"/>
          <ticker value="5970"/>
          <other otherDesc="SEDOL" value="6487072"/>
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        <balance>750400.0000000000</balance>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Keihan Holdings Co Ltd</name>
        <lei>353800ADZSZ9AD39RL13</lei>
        <title>Keihan Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3279400000"/>
          <ticker value="9045"/>
          <other otherDesc="SEDOL" value="6487232"/>
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        <balance>313600.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kenko Mayonnaise Co Ltd</name>
        <lei>N/A</lei>
        <title>Kenko Mayonnaise Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3281850002"/>
          <ticker value="2915"/>
          <other otherDesc="SEDOL" value="6489744"/>
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        <balance>18300.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Gecoss Corp</name>
        <lei>N/A</lei>
        <title>Gecoss Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3225500002"/>
          <ticker value="9991"/>
          <other otherDesc="SEDOL" value="6491794"/>
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        <balance>22100.0000000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kintetsu Group Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Kintetsu Group Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3260800002"/>
          <ticker value="9041"/>
          <other otherDesc="SEDOL" value="6492968"/>
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        <balance>500200.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kitz Corp</name>
        <lei>N/A</lei>
        <title>Kitz Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3240700009"/>
          <ticker value="6498"/>
          <other otherDesc="SEDOL" value="6494276"/>
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        <balance>874700.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>Kita-Nippon Bank Ltd/The</name>
        <lei>353800BEJYJ7JD023D06</lei>
        <title>Kita-Nippon Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3238200004"/>
          <ticker value="8551"/>
          <other otherDesc="SEDOL" value="6494287"/>
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        <balance>5300.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kiyo Bank Ltd/The</name>
        <lei>3538002347FGLMNPVY63</lei>
        <title>Kiyo Bank Ltd/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3248000006"/>
          <ticker value="8370"/>
          <other otherDesc="SEDOL" value="6494522"/>
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        <balance>624800.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>19812735.8700000000</valUSD>
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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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Koh Brothers Group Ltd</name>
        <lei>N/A</lei>
        <title>Koh Brothers Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1B06007705"/>
          <ticker value="KOH"/>
          <other otherDesc="SEDOL" value="6494878"/>
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        <balance>317900.0000000000</balance>
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        <currencyConditional curCd="SGD" exchangeRt="1.2711000000"/>
        <valUSD>58700.8300000000</valUSD>
        <pctVal>0.0002863460</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>Koa Corp</name>
        <lei>N/A</lei>
        <title>Koa Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3283400004"/>
          <ticker value="6999"/>
          <other otherDesc="SEDOL" value="6495860"/>
        </identifiers>
        <balance>636100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>9290209.2000000000</valUSD>
        <pctVal>0.0453181696</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>Kobe Steel Ltd</name>
        <lei>549300ZDCYYUPHEE5K87</lei>
        <title>Kobe Steel Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3289800009"/>
          <ticker value="5406"/>
          <other otherDesc="SEDOL" value="6496023"/>
        </identifiers>
        <balance>440200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>5547842.5600000000</valUSD>
        <pctVal>0.0270626920</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Komeri Co Ltd</name>
        <lei>N/A</lei>
        <title>Komeri Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3305600003"/>
          <ticker value="8218"/>
          <other otherDesc="SEDOL" value="6496250"/>
        </identifiers>
        <balance>564500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>13628458.2300000000</valUSD>
        <pctVal>0.0664803955</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>Konoshima Chemical Co Ltd</name>
        <lei>N/A</lei>
        <title>Konoshima Chemical Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3289000006"/>
          <ticker value="4026"/>
          <other otherDesc="SEDOL" value="6496625"/>
        </identifiers>
        <balance>53500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>555138.5500000000</valUSD>
        <pctVal>0.0027079975</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>Komori Corp</name>
        <lei>529900N2ORUZJBR1SB21</lei>
        <title>Komori Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3305800009"/>
          <ticker value="6349"/>
          <other otherDesc="SEDOL" value="6496658"/>
        </identifiers>
        <balance>301100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>3828967.3400000000</valUSD>
        <pctVal>0.0186779208</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>Konica Minolta Inc</name>
        <lei>549300SVK6KRUOL1A740</lei>
        <title>Konica Minolta Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3300600008"/>
          <ticker value="4902"/>
          <other otherDesc="SEDOL" value="6496700"/>
        </identifiers>
        <balance>5491300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>22771248.2500000000</valUSD>
        <pctVal>0.1110794460</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>JTEKT Corp</name>
        <lei>353800SK6NPOZVCBOI04</lei>
        <title>JTEKT Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3292200007"/>
          <ticker value="6473"/>
          <other otherDesc="SEDOL" value="6497082"/>
        </identifiers>
        <balance>5768900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>77119699.8500000000</valUSD>
        <pctVal>0.3761942885</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>Kumagai Gumi Co Ltd</name>
        <lei>529900M993KYZI2Q1Q47</lei>
        <title>Kumagai Gumi Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3266800006"/>
          <ticker value="1861"/>
          <other otherDesc="SEDOL" value="6497565"/>
        </identifiers>
        <balance>563600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4543141.0200000000</valUSD>
        <pctVal>0.0221617007</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>Kumiai Chemical Industry Co Ltd</name>
        <lei>N/A</lei>
        <title>Kumiai Chemical Industry Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3267600009"/>
          <ticker value="4996"/>
          <other otherDesc="SEDOL" value="6497606"/>
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        <balance>1191300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>5800586.2800000000</valUSD>
        <pctVal>0.0282955903</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>Kurabo Industries Ltd</name>
        <lei>N/A</lei>
        <title>Kurabo Industries Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3268800004"/>
          <ticker value="3106"/>
          <other otherDesc="SEDOL" value="6497651"/>
        </identifiers>
        <balance>60100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>4278568.8300000000</valUSD>
        <pctVal>0.0208711025</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>Kuraray Co Ltd</name>
        <lei>549300W9JPTOE739QZ31</lei>
        <title>Kuraray Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3269600007"/>
          <ticker value="3405"/>
          <other otherDesc="SEDOL" value="6497662"/>
        </identifiers>
        <balance>6181300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>71287983.8200000000</valUSD>
        <pctVal>0.3477468456</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>Kureha Corp</name>
        <lei>N/A</lei>
        <title>Kureha Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3271600003"/>
          <ticker value="4023"/>
          <other otherDesc="SEDOL" value="6497907"/>
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        <balance>292700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>8287465.5500000000</valUSD>
        <pctVal>0.0404267290</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>Kyodo Printing Co Ltd</name>
        <lei>3538003A42CQ4FMGD451</lei>
        <title>Kyodo Printing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3252800002"/>
          <ticker value="7914"/>
          <other otherDesc="SEDOL" value="6498308"/>
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        <balance>1200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>13256.8100000000</valUSD>
        <pctVal>0.0000646675</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>Kyosan Electric Manufacturing Co Ltd</name>
        <lei>353800N0IJGXBI3EVX08</lei>
        <title>Kyosan Electric Manufacturing Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3248800009"/>
          <ticker value="6742"/>
          <other otherDesc="SEDOL" value="6499163"/>
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        <balance>43500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>275681.9800000000</valUSD>
        <pctVal>0.0013447924</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>Tv Tokyo Holdings Corp</name>
        <lei>N/A</lei>
        <title>Tv Tokyo Holdings Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3547060008"/>
          <ticker value="9413"/>
          <other otherDesc="SEDOL" value="B63KM13"/>
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        <balance>7400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>160764.2200000000</valUSD>
        <pctVal>0.0007842170</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>Tera Probe Inc</name>
        <lei>N/A</lei>
        <title>Tera Probe Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3546550009"/>
          <ticker value="6627"/>
          <other otherDesc="SEDOL" value="B63R485"/>
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        <balance>88900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>6232334.9000000000</valUSD>
        <pctVal>0.0304016846</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>MIRAIT ONE corp</name>
        <lei>353800RI3EZVEIDAEL62</lei>
        <title>MIRAIT ONE corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3910620008"/>
          <ticker value="1417"/>
          <other otherDesc="SEDOL" value="B64KR62"/>
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        <balance>488200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>11037655.7400000000</valUSD>
        <pctVal>0.0538423134</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>Costain Group PLC</name>
        <lei>213800PKIJBZ2EDTKC88</lei>
        <title>Costain Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B64NSP76"/>
          <ticker value="COST"/>
          <other otherDesc="SEDOL" value="B64NSP7"/>
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        <balance>9414.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>28992.5000000000</valUSD>
        <pctVal>0.0001414271</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Central Asia Metals PLC</name>
        <lei>213800EYQBJZIT64NH43</lei>
        <title>Central Asia Metals PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B67KBV28"/>
          <ticker value="CAML"/>
          <other otherDesc="SEDOL" value="B67KBV2"/>
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        <balance>4720850.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>11234339.4300000000</valUSD>
        <pctVal>0.0548017476</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Secure Trust Bank PLC</name>
        <lei>213800CXIBLC2TMIGI76</lei>
        <title>Secure Trust Bank PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B6TKHP66"/>
          <ticker value="STB"/>
          <other otherDesc="SEDOL" value="B6TKHP6"/>
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        <balance>98103.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>1972889.2400000000</valUSD>
        <pctVal>0.0096238661</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DKSH Holding AG</name>
        <lei>549300HUUUNHO6FJUS42</lei>
        <title>DKSH Holding AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0126673539"/>
          <ticker value="DKSH"/>
          <other otherDesc="SEDOL" value="B71QPM2"/>
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        <balance>311783.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CHF" exchangeRt="0.8083500000"/>
        <valUSD>25399753.9600000000</valUSD>
        <pctVal>0.1239014466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>easyJet PLC</name>
        <lei>2138001S47XKWIB7TH90</lei>
        <title>easyJet PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B7KR2P84"/>
          <ticker value="EZJ"/>
          <other otherDesc="SEDOL" value="B7KR2P8"/>
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        <balance>5856039.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>52523886.7200000000</valUSD>
        <pctVal>0.2562145111</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Charm Care Corp KK</name>
        <lei>N/A</lei>
        <title>Charm Care Corp KK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3512740006"/>
          <ticker value="6062"/>
          <other otherDesc="SEDOL" value="B7S3P15"/>
        </identifiers>
        <balance>75200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>659661.5700000000</valUSD>
        <pctVal>0.0032178667</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>Tsubaki Nakashima Co Ltd</name>
        <lei>N/A</lei>
        <title>Tsubaki Nakashima Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3534410000"/>
          <ticker value="6464"/>
          <other otherDesc="SEDOL" value="B7T6PP7"/>
        </identifiers>
        <balance>3600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>7581.3600000000</valUSD>
        <pctVal>0.0000369823</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>Sanyo Trading Co Ltd</name>
        <lei>N/A</lei>
        <title>Sanyo Trading Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3342500000"/>
          <ticker value="3176"/>
          <other otherDesc="SEDOL" value="B7THKT9"/>
        </identifiers>
        <balance>68300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>513622.6500000000</valUSD>
        <pctVal>0.0025054805</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>North Pacific Bank Ltd</name>
        <lei>549300A1ZLTL4KX3DZ92</lei>
        <title>North Pacific Bank Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3843400007"/>
          <ticker value="8524"/>
          <other otherDesc="SEDOL" value="B7VKZP7"/>
        </identifiers>
        <balance>3470900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>28046660.0900000000</valUSD>
        <pctVal>0.1368132054</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>Vesuvius PLC</name>
        <lei>213800ORZ521W585SY02</lei>
        <title>Vesuvius PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B82YXW83"/>
          <ticker value="VSVS"/>
          <other otherDesc="SEDOL" value="B82YXW8"/>
        </identifiers>
        <balance>3103952.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7380070000"/>
        <valUSD>16257025.7200000000</valUSD>
        <pctVal>0.0793026974</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aurizon Holdings Ltd</name>
        <lei>5299005PC1O6NOWL3H48</lei>
        <title>Aurizon Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000AZJ1"/>
          <ticker value="AZJ"/>
          <other otherDesc="SEDOL" value="B87CVM3"/>
        </identifiers>
        <balance>13393217.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3954790000"/>
        <valUSD>35088769.9000000000</valUSD>
        <pctVal>0.1711650182</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Paper Industries Co Ltd</name>
        <lei>3538007UWR5N9X8B8S30</lei>
        <title>Nippon Paper Industries Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3721600009"/>
          <ticker value="3863"/>
          <other otherDesc="SEDOL" value="B8B8PJ2"/>
        </identifiers>
        <balance>3174000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.7500000000"/>
        <valUSD>28079926.5500000000</valUSD>
        <pctVal>0.1369754811</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>Prosegur Cia de Seguridad SA</name>
        <lei>549300N94L4D5NDBFG97</lei>
        <title>Prosegur Cia de Seguridad SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0175438003"/>
          <ticker value="PSG"/>
          <other otherDesc="SEDOL" value="B8CLHY9"/>
        </identifiers>
        <balance>10773.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>36067.6400000000</valUSD>
        <pctVal>0.0001759400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-10-29</ncom:dateSigned>
      <ncom:nameOfApplicant>American Century ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Amy R. Bitter</ncom:signature>
      <ncom:signerName>Amy R. Bitter</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
