# EDGAR Filing Document

**Accession Number:** 0001491978
**File Stem:** 0002071691-25-009635
**Filing Date:** 2025-12
**Character Count:** 94583
**Document Hash:** e10daf9bf567ed6adbf35e06b3e38433
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-009635.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0002071691-25-009635

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FLEXSHARES TRUST
- **CENTRAL INDEX KEY:** 0001491978

**ORGANIZATION NAME:**
- **EIN:** 272560399
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22555
- **FILM NUMBER:** 251596519

**BUSINESS ADDRESS:**
- **STREET 1:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603
- **BUSINESS PHONE:** (855) 353-9383

**MAIL ADDRESS:**
- **STREET 1:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FlexShares Trust
- **DATE OF NAME CHANGE:** 20110414

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NT ETF Trust
- **DATE OF NAME CHANGE:** 20100513

## Series and Classes Contracts Data

### FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (Series ID: S000073359)

| Class ID   | Class Name                                                       | Ticker Symbol   |
|:---|:---|:---|
| C000230178 | FlexShares ESG & Climate Developed Markets ex-US Core Index Fund | FEDM            |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** FlexShares Trust

- **b. Investment Company Act file number:** 811-22555

- **c. CIK number of Registrant:** 0001491978

- **d. LEI of Registrant:** 5493007FU2RQX77I4604

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 50 South LaSalle Street

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60603

  - **Telephone number:** 855-353-9383

**Item A.2. Information about the Series.**

- **a. Name of Series:** FlexShares ESG & Climate Developed Markets ex-US Core Index Fund

- **b. EDGAR series identifier (if any):** S000073359

- **c. LEI of Series:** 549300LOK66YFZJHGT52

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $71996656.64

**Total Liabilities:** $1362463.05

**Net Assets:** $70634193.59

**Cash Not Reported:** $146744.81

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000230178 | 3.52%                | 2.00%                | 1.03%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1169.48                | $1855526.48                                |
| Month 2  | $-218795.75              | $1313734.71                                |
| Month 3  | $276.35                  | $572669.85                                 |

### Schedule of Portfolio Investments

| Name                                          | Title                                                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SKF AB                                        | SKF AB, Class B                                                        | CUSIP: N/A<br>LEI: 549300B6HWYEE57O8J84       | Long             | EC               | CORP              | SE        |      5831 | NS      | $150497.23    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | Forward Foreign Currency Contract                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $596.69       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| National Bank of Canada                       | National Bank of Canada                                                | CUSIP: 633067103<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | EC               | CORP              | CA        |      2107 | NS      | $235639.94    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Mizuho Financial Group, Inc.                  | Mizuho Financial Group, Inc.                                           | CUSIP: N/A<br>LEI: 353800CI5L6DDAN5XZ33       | Long             | EC               | CORP              | JP        |      3900 | NS      | $130350.20    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | Forward Foreign Currency Contract                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $2591.17      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Norwegian Krone                               | Norwegian Krone                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | NO        |    228593 | OU      | $22595.04     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Novonesis Novozymes B                         | Novonesis Novozymes B                                                  | CUSIP: N/A<br>LEI: 529900T6WNZXD2R3JW38       | Long             | EC               | CORP              | DK        |      1617 | NS      | $96776.81     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Scentre Group                                 | Scentre Group                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |     84721 | NS      | $225732.79    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SoftBank Group Corp.                          | SoftBank Group Corp.                                                   | CUSIP: N/A<br>LEI: 5493003BZYYYCDIO0R13       | Long             | EC               | CORP              | JP        |      1800 | NS      | $316231.22    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Muenchener Rueckversicherungs-Gesellschaft AG | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen (Registered) | CUSIP: N/A<br>LEI: 529900MUF4C20K50JS49       | Long             | EC               | CORP              | DE        |       370 | NS      | $229071.77    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens Healthineers AG                       | Siemens Healthineers AG                                                | CUSIP: N/A<br>LEI: 529900QBVWXMWANH7H45       | Long             | EC               | CORP              | DE        |      4802 | NS      | $269197.69    | 0.38%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Rio Tinto Ltd.                                | Rio Tinto Ltd.                                                         | CUSIP: N/A<br>LEI: 529900X2VMAQT2PE0V24       | Long             | EC               | CORP              | AU        |       490 | NS      | $42621.84     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CF SECURED LLC                                | Treasury Repurchase Agreement                                          | CUSIP: N/A<br>LEI: 254900OXTV81I73FAT50       | Long             | RA               | CORP              | US        |   1342073 | PA      | $1342072.80   | 1.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiwa House Industry Co. Ltd.                 | Daiwa House Industry Co. Ltd.                                          | CUSIP: N/A<br>LEI: 353800K9WXR9XRZJZI46       | Long             | EC               | CORP              | JP        |      5500 | NS      | $186826.13    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT AB                                        | EQT AB                                                                 | CUSIP: N/A<br>LEI: 213800U7P9GOIRKCTB34       | Long             | EC               | CORP              | SE        |      6076 | NS      | $210971.78    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Advantest Corp.                               | Advantest Corp.                                                        | CUSIP: N/A<br>LEI: 353800EMK32PDKS9XR54       | Long             | EC               | CORP              | JP        |      4400 | NS      | $660764.01    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Ajinomoto Co., Inc.                           | Ajinomoto Co., Inc.                                                    | CUSIP: N/A<br>LEI: 353800UT0TLROREPIC92       | Long             | EC               | CORP              | JP        |      1500 | NS      | $42578.95     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| South African Rand                            | South African Rand                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | ZA        |    278162 | OU      | $16048.59     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Pembina Pipeline Corp.                        | Pembina Pipeline Corp.                                                 | CUSIP: 706327103<br>LEI: 5493002W3L9YICM6FU21 | Long             | EC               | CORP              | CA        |      5194 | NS      | $196691.03    | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Antofagasta plc                               | Antofagasta plc                                                        | CUSIP: N/A<br>LEI: 213800MY6QVH4FVLD628       | Long             | EC               | CORP              | GB        |       735 | NS      | $26942.47     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ING Groep NV                                  | ING Groep NV                                                           | CUSIP: N/A<br>LEI: 549300NYKK9MWM7GGW15       | Long             | EC               | CORP              | NL        |     30576 | NS      | $766516.59    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Symrise AG                                    | Symrise AG, Class A                                                    | CUSIP: N/A<br>LEI: 529900D82I6R9601CF26       | Long             | EC               | CORP              | DE        |      2156 | NS      | $178621.31    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ENEOS Holdings, Inc.                          | ENEOS Holdings, Inc.                                                   | CUSIP: N/A<br>LEI: 3538001KQ5SAOZSQTT44       | Long             | EC               | CORP              | JP        |     40000 | NS      | $252585.12    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Vestas Wind Systems A/S                       | Vestas Wind Systems A/S                                                | CUSIP: N/A<br>LEI: 549300DYMC8BGZZC8844       | Long             | EC               | CORP              | DK        |     16513 | NS      | $336791.64    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp.                              | Sony Group Corp.                                                       | CUSIP: N/A<br>LEI: 529900R5WX9N2OI2N910       | Long             | EC               | CORP              | JP        |     25700 | NS      | $722679.56    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CSL Ltd.                                      | CSL Ltd.                                                               | CUSIP: N/A<br>LEI: 529900ECSECK5ZDQTE14       | Long             | EC               | CORP              | AU        |      2666 | NS      | $311535.50    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Copco AB                                | Atlas Copco AB, Class A                                                | CUSIP: N/A<br>LEI: 213800T8PC8Q4FYJZR07       | Long             | EC               | CORP              | SE        |     12740 | NS      | $214939.27    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Toray Industries, Inc.                        | Toray Industries, Inc.                                                 | CUSIP: N/A<br>LEI: 35380099TCYR5FHT0A11       | Long             | EC               | CORP              | JP        |      2000 | NS      | $12282.63     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | Forward Foreign Currency Contract                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-2864.06     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Weir Group plc (The)                          | Weir Group plc (The)                                                   | CUSIP: N/A<br>LEI: 549300KDR56WHY9I3D10       | Long             | EC               | CORP              | GB        |      1568 | NS      | $60979.46     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Commonwealth Bank of Australia                | Commonwealth Bank of Australia                                         | CUSIP: N/A<br>LEI: MSFSBD3QN1GSN7Q6C537       | Long             | EC               | CORP              | AU        |     10045 | NS      | $1128697.65   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Amadeus IT Group SA                           | Amadeus IT Group SA                                                    | CUSIP: N/A<br>LEI: 9598004A3FTY3TEHHN09       | Long             | EC               | CORP              | ES        |      7448 | NS      | $570118.66    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Jeronimo Martins SGPS SA                      | Jeronimo Martins SGPS SA                                               | CUSIP: N/A<br>LEI: 259400A8SZP10GB5IB19       | Long             | EC               | CORP              | PT        |      4508 | NS      | $116238.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Kong & China Gas Co. Ltd.                | Hong Kong & China Gas Co. Ltd.                                         | CUSIP: N/A<br>LEI: 254900P7BETXGC7YU827       | Long             | EC               | CORP              | HK        |     98000 | NS      | $91163.38     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi SA                                     | Sanofi SA                                                              | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |      7693 | NS      | $777823.23    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Next plc                                      | Next plc                                                               | CUSIP: N/A<br>LEI: 213800WQD8ECPZP9PH98       | Long             | EC               | CORP              | GB        |      1911 | NS      | $359039.73    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortescue Ltd.                                | Fortescue Ltd.                                                         | CUSIP: N/A<br>LEI: 529900VEJFORCO6I4826       | Long             | EC               | CORP              | AU        |     14357 | NS      | $200100.67    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK plc                                       | GSK plc                                                                | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |     24304 | NS      | $568545.88    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Brambles Ltd.                                 | Brambles Ltd.                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |     15729 | NS      | $255983.17    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Philips NV                        | Koninklijke Philips NV                                                 | CUSIP: N/A<br>LEI: H1FJE8H61JGM1JSGM897       | Long             | EC               | CORP              | NL        |     13377 | NS      | $366539.27    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Recruit Holdings Co. Ltd.                     | Recruit Holdings Co. Ltd.                                              | CUSIP: N/A<br>LEI: 353800R2LRSMVVC4I806       | Long             | EC               | CORP              | JP        |      9800 | NS      | $490333.97    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Komatsu Ltd.                                  | Komatsu Ltd.                                                           | CUSIP: N/A<br>LEI: 5493004LQ0B4T7QPQV17       | Long             | EC               | CORP              | JP        |      7400 | NS      | $248147.74    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Budweiser Brewing Co. APAC Ltd.               | Budweiser Brewing Co. APAC Ltd.                                        | CUSIP: N/A<br>LEI: 549300YF1MR4GTF18132       | Long             | EC               | CORP              | KY        |      9800 | NS      | $9935.93      | 0.01%             |  |  |  | Yes           |                  1 | On Loan: —       |
| Sika AG                                       | Sika AG (Registered)                                                   | CUSIP: N/A<br>LEI: 549300R3N69ECGYPU434       | Long             | EC               | CORP              | CH        |      2499 | NS      | $489371.29    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Galaxy Entertainment Group Ltd.               | Galaxy Entertainment Group Ltd.                                        | CUSIP: N/A<br>LEI: 549300ZSEBV3HR826S10       | Long             | EC               | CORP              | HK        |     15000 | NS      | $74727.88     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Boerse AG                            | Deutsche Boerse AG                                                     | CUSIP: N/A<br>LEI: 529900G3SW56SHYNPR95       | Long             | EC               | CORP              | DE        |       490 | NS      | $124139.98    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Teva Pharmaceutical Industries Ltd.           | Teva Pharmaceutical Industries Ltd.                                    | CUSIP: N/A<br>LEI: 549300BAFGM4RC74ZJ94       | Long             | EC               | CORP              | IL        |     14161 | NS      | $286596.85    | 0.41%             |  |  |  | No            |                  1 | On Loan: —       |
| SBI Holdings, Inc.                            | SBI Holdings, Inc.                                                     | CUSIP: N/A<br>LEI: 353800L6LMHYIPSMRQ17       | Long             | EC               | CORP              | JP        |       700 | NS      | $31416.05     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Danish Krone                                  | Danish Krone                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | DK        |    155769 | OU      | $24077.24     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Nitto Denko Corp.                             | Nitto Denko Corp.                                                      | CUSIP: N/A<br>LEI: 3538009GX5P09USH2J25       | Long             | EC               | CORP              | JP        |     11500 | NS      | $287695.95    | 0.41%             |  |  |  | No            |                  1 | On Loan: —       |
| Vodafone Group plc                            | Vodafone Group plc                                                     | CUSIP: N/A<br>LEI: 213800TB53ELEUKM7Q61       | Long             | EC               | CORP              | GB        |    298851 | NS      | $361783.46    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| New Zealand Dollar                            | New Zealand Dollar                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | NZ        |     17323 | OU      | $9920.19      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercedes-Benz Group AG                        | Mercedes-Benz Group AG                                                 | CUSIP: N/A<br>LEI: 529900R27DL06UVNT076       | Long             | EC               | CORP              | DE        |      4998 | NS      | $324258.15    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Neste OYJ                                     | Neste OYJ                                                              | CUSIP: N/A<br>LEI: 5493009GY1X8GQ66AM14       | Long             | EC               | CORP              | FI        |      6664 | NS      | $138102.48    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Svenska Handelsbanken AB                      | Svenska Handelsbanken AB, Class A                                      | CUSIP: N/A<br>LEI: NHBDILHZTYCNBV5UYZ31       | Long             | EC               | CORP              | SE        |     24353 | NS      | $319917.74    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays plc                                  | Barclays plc                                                           | CUSIP: N/A<br>LEI: 213800LBQA1Y9L22JB70       | Long             | EC               | CORP              | GB        |     56546 | NS      | $302372.36    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenaris SA                                    | Tenaris SA                                                             | CUSIP: N/A<br>LEI: 549300Y7C05BKC4HZB40       | Long             | EC               | CORP              | LU        |      2107 | NS      | $42035.39     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Swedish Krona                                 | Swedish Krona                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | SE        |    203409 | OU      | $21428.35     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Akzo Nobel NV                                 | Akzo Nobel NV                                                          | CUSIP: N/A<br>LEI: 724500XYIJUGXAA5QD70       | Long             | EC               | CORP              | NL        |      2744 | NS      | $181919.65    | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| BNP Paribas SA                                | BNP Paribas SA                                                         | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | EC               | CORP              | FR        |      2058 | NS      | $159290.54    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonova Holding AG                             | Sonova Holding AG (Registered)                                         | CUSIP: N/A<br>LEI: 5299004A0QNX7FBNHS61       | Long             | EC               | CORP              | CH        |       853 | NS      | $232283.77    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Shopify, Inc.                                 | Shopify, Inc., Class A                                                 | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |       245 | NS      | $42640.47     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Yamaha Motor Co. Ltd.                         | Yamaha Motor Co. Ltd.                                                  | CUSIP: N/A<br>LEI: 3538004LR5NXILJDHY88       | Long             | EC               | CORP              | JP        |     14700 | NS      | $106393.82    | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Industria de Diseno Textil SA                 | Industria de Diseno Textil SA                                          | CUSIP: N/A<br>LEI: 549300TTCXZOGZM2EY83       | Long             | EC               | CORP              | ES        |     11368 | NS      | $628493.29    | 0.89%             |  |  |  | No            |                  1 | On Loan: —       |
| Cie de Saint-Gobain                           | Cie de Saint-Gobain SA                                                 | CUSIP: N/A<br>LEI: NFONVGN05Z0FMN5PEC35       | Long             | EC               | CORP              | FR        |      4116 | NS      | $399342.77    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOZO, Inc.                                    | ZOZO, Inc.                                                             | CUSIP: N/A<br>LEI: 549300GC7XPQMZA0OW13       | Long             | EC               | CORP              | JP        |      6500 | NS      | $56264.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Kering SA                                     | Kering SA                                                              | CUSIP: N/A<br>LEI: 549300VGEJKB7SVUZR78       | Long             | EC               | CORP              | FR        |      1225 | NS      | $433782.99    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Post AG                              | Deutsche Post AG                                                       | CUSIP: N/A<br>LEI: 8ER8GIG7CSMVD8VUFE78       | Long             | EC               | CORP              | DE        |     11907 | NS      | $546973.76    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Terna - Rete Elettrica Nazionale              | Terna - Rete Elettrica Nazionale                                       | CUSIP: N/A<br>LEI: 8156009E94ED54DE7C31       | Long             | EC               | CORP              | IT        |     22687 | NS      | $232682.89    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Shimano, Inc.                                 | Shimano, Inc.                                                          | CUSIP: N/A<br>LEI: 529900L32YT3P9DECR10       | Long             | EC               | CORP              | JP        |      1100 | NS      | $115708.68    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Honda Motor Co. Ltd.                          | Honda Motor Co. Ltd.                                                   | CUSIP: N/A<br>LEI: 549300P7ZYCQJ36CCS16       | Long             | EC               | CORP              | JP        |      8300 | NS      | $84047.90     | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Mitsubishi Estate Co. Ltd.                    | Mitsubishi Estate Co. Ltd.                                             | CUSIP: N/A<br>LEI: 353800KOFMRGOXSJ5Z65       | Long             | EC               | CORP              | JP        |      5300 | NS      | $112292.36    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Dai Nippon Printing Co. Ltd.                  | Dai Nippon Printing Co. Ltd.                                           | CUSIP: N/A<br>LEI: 529900S7NFNQ4FT6OP83       | Long             | EC               | CORP              | JP        |      4900 | NS      | $82045.70     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Aegon Ltd.                                    | Aegon Ltd.                                                             | CUSIP: N/A<br>LEI: O4QK7KMMK83ITNTHUG69       | Long             | EC               | CORP              | BM        |      8820 | NS      | $67249.37     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Severn Trent plc                              | Severn Trent plc                                                       | CUSIP: N/A<br>LEI: 213800RPBXRETY4A4C59       | Long             | EC               | CORP              | GB        |      4361 | NS      | $159342.95    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | Forward Foreign Currency Contract                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $1679.47      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Publicis Groupe SA                            | Publicis Groupe SA                                                     | CUSIP: N/A<br>LEI: 2138004KW8BV57III342       | Long             | EC               | CORP              | FR        |      2891 | NS      | $289633.56    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE           | LVMH Moet Hennessy Louis Vuitton SE                                    | CUSIP: N/A<br>LEI: IOG4E947OATN0KJYSD45       | Long             | EC               | CORP              | FR        |       637 | NS      | $450031.47    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Panasonic Holdings Corp.                      | Panasonic Holdings Corp.                                               | CUSIP: N/A<br>LEI: 254900GE1G59KGWPHX32       | Long             | EC               | CORP              | JP        |      6200 | NS      | $72381.29     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| RELX plc                                      | RELX plc                                                               | CUSIP: N/A<br>LEI: 549300WSX3VBUFFJOO66       | Long             | EC               | CORP              | GB        |     16758 | NS      | $739127.42    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Rakuten Group, Inc.                           | Rakuten Group, Inc.                                                    | CUSIP: N/A<br>LEI: 529900IMXUCQKUL1H943       | Long             | EC               | CORP              | JP        |     24500 | NS      | $160544.94    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| QBE Insurance Group Ltd.                      | QBE Insurance Group Ltd.                                               | CUSIP: N/A<br>LEI: 549300D2FBW76FPUSG65       | Long             | EC               | CORP              | AU        |     18228 | NS      | $236749.93    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiichi Sankyo Co. Ltd.                       | Daiichi Sankyo Co. Ltd.                                                | CUSIP: N/A<br>LEI: 353800XGIU2IHQGC9504       | Long             | EC               | CORP              | JP        |      9000 | NS      | $214345.53    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| AXA SA                                        | AXA SA                                                                 | CUSIP: N/A<br>LEI: F5WCUMTUM4RKZ1MAIE39       | Long             | EC               | CORP              | FR        |     15876 | NS      | $689535.10    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE                         | Schneider Electric SE                                                  | CUSIP: N/A<br>LEI: 969500A1YF1XUYYXS284       | Long             | EC               | CORP              | FR        |      3773 | NS      | $1071715.44   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Electron Ltd.                           | Tokyo Electron Ltd.                                                    | CUSIP: N/A<br>LEI: 549300H5LSF8DP3RIJ34       | Long             | EC               | CORP              | JP        |       600 | NS      | $133121.29    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Hermes International                          | Hermes International SCA                                               | CUSIP: N/A<br>LEI: 969500Y4IJGHJE2MTJ13       | Long             | EC               | CORP              | FR        |       127 | NS      | $315007.73    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Amundi SA                                     | Amundi SA                                                              | CUSIP: N/A<br>LEI: 96950010FL2T1TJKR531       | Long             | EC               | CORP              | FR        |       980 | NS      | $72730.76     | 0.10%             |  |  |  | Yes           |                  1 | On Loan: No      |
| BCE, Inc.                                     | BCE, Inc.                                                              | CUSIP: 05534B760<br>LEI: 5493001I9203PRB5KR45 | Long             | EC               | CORP              | CA        |      4001 | NS      | $91462.86     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Hitachi Ltd.                                  | Hitachi Ltd.                                                           | CUSIP: N/A<br>LEI: 549300T6IPOCDWLKC615       | Long             | EC               | CORP              | JP        |     32700 | NS      | $1128808.54   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Santander SA                            | Banco Santander SA                                                     | CUSIP: N/A<br>LEI: 5493006QMFDDMYWIAM13       | Long             | EC               | CORP              | ES        |     57281 | NS      | $583519.79    | 0.83%             |  |  |  | No            |                  1 | On Loan: —       |
| Enel SpA                                      | Enel SpA                                                               | CUSIP: N/A<br>LEI: WOCMU6HCI0OJWNPRZS33       | Long             | EC               | CORP              | IT        |     39151 | NS      | $396389.87    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi HC Capital, Inc.                   | Mitsubishi HC Capital, Inc.                                            | CUSIP: N/A<br>LEI: 353800MZ3QX9RLMH7B09       | Long             | EC               | CORP              | JP        |     14700 | NS      | $115077.08    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Westpac Banking Corp.                         | Westpac Banking Corp.                                                  | CUSIP: N/A<br>LEI: EN5TNI6CI43VEPAMHL14       | Long             | EC               | CORP              | AU        |      3332 | NS      | $84503.32     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                              | Novo Nordisk A/S, Class B                                              | CUSIP: N/A<br>LEI: 549300DAQ1CVT6CXN342       | Long             | EC               | CORP              | DK        |     14112 | NS      | $689180.30    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | Forward Foreign Currency Contract                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $872.03       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian National Railway Co.                 | Canadian National Railway Co.                                          | CUSIP: 136375102<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |      7252 | NS      | $696086.41    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiwa Securities Group, Inc.                  | Daiwa Securities Group, Inc.                                           | CUSIP: N/A<br>LEI: 353800WRC7Y23PWFJG38       | Long             | EC               | CORP              | JP        |     21600 | NS      | $166779.40    | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Brookfield Asset Management Ltd.              | Brookfield Asset Management Ltd., Class A                              | CUSIP: 113004105<br>LEI: 549300CZ84WPNJZKY093 | Long             | EC               | CORP              | CA        |      2793 | NS      | $151236.42    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Wolters Kluwer NV                             | Wolters Kluwer NV                                                      | CUSIP: N/A<br>LEI: 724500TEM53I0U077B74       | Long             | EC               | CORP              | NL        |      2813 | NS      | $344968.74    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Mediobanca Banca di Credito Finanziario SpA   | Mediobanca Banca di Credito Finanziario SpA                            | CUSIP: N/A<br>LEI: PSNL19R2RXX5U3QWHI44       | Long             | EC               | CORP              | IT        |      8036 | NS      | $153364.63    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| GEA Group AG                                  | GEA Group AG                                                           | CUSIP: N/A<br>LEI: 549300PHUU0ZZWO8EO07       | Long             | EC               | CORP              | DE        |      2352 | NS      | $168310.06    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Toho Co. Ltd.                                 | Toho Co. Ltd.                                                          | CUSIP: N/A<br>LEI: 529900IYHHYWU4O3H185       | Long             | EC               | CORP              | JP        |       400 | NS      | $23513.68     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesco plc                                     | Tesco plc                                                              | CUSIP: N/A<br>LEI: 2138002P5RNKC5W2JZ46       | Long             | EC               | CORP              | GB        |    108927 | NS      | $657464.52    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Iberdrola SA                                  | Iberdrola SA                                                           | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |     31213 | NS      | $632797.48    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Cie Financiere Richemont SA                   | Cie Financiere Richemont SA (Registered)                               | CUSIP: N/A<br>LEI: 549300YIPGJ6UX2QPS51       | Long             | EC               | CORP              | CH        |      1029 | NS      | $203428.59    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| 3i Group plc                                  | 3i Group plc                                                           | CUSIP: N/A<br>LEI: 35GDVHRBMFE7NWATNM84       | Long             | EC               | CORP              | GB        |     12495 | NS      | $722328.45    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fast Retailing Co. Ltd.                       | Fast Retailing Co. Ltd.                                                | CUSIP: N/A<br>LEI: 353800ZCXKHDPY0N5218       | Long             | EC               | CORP              | JP        |       500 | NS      | $183895.36    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Swiss Franc                                   | Swiss Franc                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CH        |      9132 | OU      | $11376.52     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Orkla ASA                                     | Orkla ASA                                                              | CUSIP: N/A<br>LEI: 549300PZS8G8RG6RVZ52       | Long             | EC               | CORP              | NO        |      3675 | NS      | $37305.96     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Singapore Telecommunications Ltd.             | Singapore Telecommunications Ltd.                                      | CUSIP: N/A<br>LEI: 2549003XJKIQO8YDYD89       | Long             | EC               | CORP              | SG        |     19600 | NS      | $64005.53     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Renault SA                                    | Renault SA                                                             | CUSIP: N/A<br>LEI: 969500F7JLTX36OUI695       | Long             | EC               | CORP              | FR        |       980 | NS      | $38118.61     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| EDP SA                                        | EDP SA                                                                 | CUSIP: N/A<br>LEI: 529900CLC3WDMGI9VH80       | Long             | EC               | CORP              | PT        |     50568 | NS      | $251555.67    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Legrand SA                                    | Legrand SA                                                             | CUSIP: N/A<br>LEI: 969500XXRPGD7HCAFA90       | Long             | EC               | CORP              | FR        |      1274 | NS      | $219832.39    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Computershare Ltd.                            | Computershare Ltd.                                                     | CUSIP: N/A<br>LEI: 21380085HOKTMGLV9G93       | Long             | EC               | CORP              | AU        |       931 | NS      | $22288.65     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BCE, Inc.                                     | BCE, Inc.                                                              | CUSIP: 05534B760<br>LEI: 5493001I9203PRB5KR45 | Long             | EC               | CORP              | CA        |       360 | NS      | $8229.60      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BioMerieux                                    | BioMerieux                                                             | CUSIP: N/A<br>LEI: 549300AK8Y0LBIQ4T071       | Long             | EC               | CORP              | FR        |       686 | NS      | $88362.78     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Japanese Yen                                  | Japanese Yen                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | JP        |   5665747 | OU      | $36777.43     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Gecina SA                                     | Gecina SA                                                              | CUSIP: N/A<br>LEI: 9695003E4MMA10IBTR26       | Long             | EC               | CORP              | FR        |       735 | NS      | $68333.55     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Dollar                               | Canadian Dollar                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CA        |     71494 | OU      | $51025.57     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale SA                           | Societe Generale SA                                                    | CUSIP: N/A<br>LEI: O2RNE8IBXP4R0TD8PU41       | Long             | EC               | CORP              | FR        |      5880 | NS      | $372318.14    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| London Stock Exchange Group plc               | London Stock Exchange Group plc                                        | CUSIP: N/A<br>LEI: 213800QAUUUP6I445N30       | Long             | EC               | CORP              | GB        |       196 | NS      | $24427.83     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Danske Bank A/S                               | Danske Bank A/S                                                        | CUSIP: N/A<br>LEI: MAES062Z21O4RZ2U7M96       | Long             | EC               | CORP              | DK        |      9114 | NS      | $407552.33    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Star Resources Ltd.                  | Northern Star Resources Ltd.                                           | CUSIP: N/A<br>LEI: 254900XFXCRYYZAX6M78       | Long             | EC               | CORP              | AU        |     21952 | NS      | $353667.28    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Kao Corp.                                     | Kao Corp.                                                              | CUSIP: N/A<br>LEI: 353800HM38HFCB8RGL63       | Long             | EC               | CORP              | JP        |      7600 | NS      | $321651.36    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| East Japan Railway Co.                        | East Japan Railway Co.                                                 | CUSIP: N/A<br>LEI: 353800SENYJ2DSM6PS44       | Long             | EC               | CORP              | JP        |      4100 | NS      | $99961.70     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Nokia OYJ                                     | Nokia OYJ                                                              | CUSIP: N/A<br>LEI: 549300A0JPRWG1KI7U06       | Long             | EC               | CORP              | FI        |     30674 | NS      | $207608.65    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Loblaw Cos. Ltd.                              | Loblaw Cos. Ltd.                                                       | CUSIP: 539481101<br>LEI: 5493008LN3O1DIDTSH67 | Long             | EC               | CORP              | CA        |      4389 | NS      | $174601.48    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| EDP Renovaveis SA                             | EDP Renovaveis SA                                                      | CUSIP: N/A<br>LEI: 529900MUFAH07Q1TAX06       | Long             | EC               | CORP              | ES        |      5635 | NS      | $82469.67     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Swisscom AG                                   | Swisscom AG (Registered)                                               | CUSIP: N/A<br>LEI: 5493005SL9HHOXS3B739       | Long             | EC               | CORP              | CH        |       441 | NS      | $323848.65    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Sekisui House Ltd.                            | Sekisui House Ltd.                                                     | CUSIP: N/A<br>LEI: 529900GMNDOYQSAJAE76       | Long             | EC               | CORP              | JP        |      6200 | NS      | $133252.41    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                               | ASML Holding NV                                                        | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |      1441 | NS      | $1526985.94   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Kubota Corp.                                  | Kubota Corp.                                                           | CUSIP: N/A<br>LEI: 549300CSY4INHEHQQT13       | Long             | EC               | CORP              | JP        |      4900 | NS      | $63629.55     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | Forward Foreign Currency Contract                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $1204.46      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Rentokil Initial plc                          | Rentokil Initial plc                                                   | CUSIP: N/A<br>LEI: 549300VN4WV7Z6T14K68       | Long             | EC               | CORP              | GB        |     40229 | NS      | $222888.99    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| DBS Group Holdings Ltd.                       | DBS Group Holdings Ltd.                                                | CUSIP: N/A<br>LEI: 5493007FKT78NKPM5V55       | Long             | EC               | CORP              | SG        |      1900 | NS      | $78732.95     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Reckitt Benckiser Group plc                   | Reckitt Benckiser Group plc                                            | CUSIP: N/A<br>LEI: 5493003JFSMOJG48V108       | Long             | EC               | CORP              | GB        |      5635 | NS      | $430590.16    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Canon, Inc.                                   | Canon, Inc.                                                            | CUSIP: N/A<br>LEI: 529900JH1GSC035SSP77       | Long             | EC               | CORP              | JP        |     13500 | NS      | $388468.40    | 0.55%             |  |  |  | No            |                  1 | On Loan: —       |
| ITOCHU Corp.                                  | ITOCHU Corp.                                                           | CUSIP: N/A<br>LEI: J48DJYXDTLHM30UMYI18       | Long             | EC               | CORP              | JP        |     13300 | NS      | $771038.27    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingspan Group plc                            | Kingspan Group plc                                                     | CUSIP: N/A<br>LEI: 635400HM7V74SUB9OG75       | Long             | EC               | CORP              | IE        |      2597 | NS      | $194534.99    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Intesa Sanpaolo SpA                           | Intesa Sanpaolo SpA                                                    | CUSIP: N/A<br>LEI: 2W8N8UU78PMDQKZENC08       | Long             | EC               | CORP              | IT        |     52969 | NS      | $340898.90    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| BHP Group Ltd.                                | BHP Group Ltd.                                                         | CUSIP: N/A<br>LEI: WZE1WSENV6JSZFK0JC28       | Long             | EC               | CORP              | AU        |       588 | NS      | $16725.39     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.         | Sumitomo Mitsui Financial Group, Inc.                                  | CUSIP: N/A<br>LEI: 35380028MYWPB6AUO129       | Long             | EC               | CORP              | JP        |     16500 | NS      | $445876.47    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Paint Holdings Co. Ltd.                | Nippon Paint Holdings Co. Ltd.                                         | CUSIP: N/A<br>LEI: 529900RYRJUN78A7PL87       | Long             | EC               | CORP              | JP        |      6900 | NS      | $44005.39     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Kong Exchanges & Clearing Ltd.           | Hong Kong Exchanges & Clearing Ltd.                                    | CUSIP: N/A<br>LEI: 213800YTVSXYQN17BW16       | Long             | EC               | CORP              | HK        |     12900 | NS      | $703075.06    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Nintendo Co. Ltd.                             | Nintendo Co. Ltd.                                                      | CUSIP: N/A<br>LEI: 353800FEEXU6I9M0ZF27       | Long             | EC               | CORP              | JP        |       100 | NS      | $8467.76      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                                        | SAP SE                                                                 | CUSIP: N/A<br>LEI: 529900D6BF99LW9R2E68       | Long             | EC               | CORP              | DE        |      5096 | NS      | $1320170.73   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo plc                                    | Diageo plc                                                             | CUSIP: N/A<br>LEI: 213800ZVIELEA55JMJ32       | Long             | EC               | CORP              | GB        |     22785 | NS      | $523881.26    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| TC Energy Corp.                               | TC Energy Corp.                                                        | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |      1323 | NS      | $66454.51     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Kong Dollar                              | Hong Kong Dollar                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | HK        |    318970 | OU      | $41039.89     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Israeli Shekel                                | Israeli Shekel                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | IL        |     57915 | OU      | $17796.98     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Olympus Corp.                                 | Olympus Corp.                                                          | CUSIP: N/A<br>LEI: 5299000Y52IFDI1I2A21       | Long             | EC               | CORP              | JP        |     14700 | NS      | $181251.18    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| WSP Global, Inc.                              | WSP Global, Inc.                                                       | CUSIP: 92938W202<br>LEI: 549300IQ87LU6X6ERQ78 | Long             | EC               | CORP              | CA        |       363 | NS      | $69467.81     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| LY Corp.                                      | LY Corp.                                                               | CUSIP: N/A<br>LEI: 52990078MD2OL792YM35       | Long             | EC               | CORP              | JP        |     44100 | NS      | $129676.41    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.          | Mitsubishi UFJ Financial Group, Inc.                                   | CUSIP: N/A<br>LEI: 353800V2V8PUY9TK3E06       | Long             | EC               | CORP              | JP        |     46400 | NS      | $701775.34    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada                          | Royal Bank of Canada                                                   | CUSIP: 780087102<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | EC               | CORP              | CA        |      7704 | NS      | $1129744.05   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomura Holdings, Inc.                         | Nomura Holdings, Inc.                                                  | CUSIP: N/A<br>LEI: 549300B3CEAHYG7K8164       | Long             | EC               | CORP              | JP        |     49000 | NS      | $350511.18    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Schroders plc                                 | Schroders plc                                                          | CUSIP: N/A<br>LEI: 2138001YYBULX5SZ2H24       | Long             | EC               | CORP              | GB        |     11760 | NS      | $58620.62     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Macquarie Group Ltd.                          | Macquarie Group Ltd.                                                   | CUSIP: N/A<br>LEI: ACMHD8HWFMFUIQQ8Y590       | Long             | EC               | CORP              | AU        |      2597 | NS      | $371579.55    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Unibail-Rodamco-Westfield                     | Unibail-Rodamco-Westfield                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | FR        |      1960 | NS      | $202786.48    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| National Grid plc                             | National Grid plc                                                      | CUSIP: N/A<br>LEI: 8R95QZMKZLJX5Q2XR704       | Long             | EC               | CORP              | GB        |     17395 | NS      | $260540.40    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                              | Roche Holding AG                                                       | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |       131 | NS      | $42249.64     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Allianz SE                                    | Allianz SE (Registered)                                                | CUSIP: N/A<br>LEI: 529900K9B0N5BT694847       | Long             | EC               | CORP              | DE        |      2401 | NS      | $964943.75    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Epiroc AB                                     | Epiroc AB, Class A                                                     | CUSIP: N/A<br>LEI: 5493004Q73OEYW1SPE91       | Long             | EC               | CORP              | SE        |      6125 | NS      | $129823.54    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Australian Dollar                             | Australian Dollar                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | AU        |     53110 | OU      | $34768.43     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell plc                                     | Shell plc                                                              | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |     27538 | NS      | $1030248.32   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | Forward Foreign Currency Contract                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $920.64       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura Research Institute Ltd.                | Nomura Research Institute Ltd.                                         | CUSIP: N/A<br>LEI: 5299005F1HCVF4M4QN79       | Long             | EC               | CORP              | JP        |      6100 | NS      | $238765.38    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| CGI, Inc.                                     | CGI, Inc.                                                              | CUSIP: 12532H104<br>LEI: 549300WSRCZY73ZG3090 | Long             | EC               | CORP              | CA        |      3234 | NS      | $281727.18    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ABN AMRO Bank NV                              | ABN AMRO Bank NV                                                       | CUSIP: N/A<br>LEI: BFXS5XCH7N0Y05NIXW11       | Long             | EC               | CORP              | NL        |      7007 | NS      | $209546.59    | 0.30%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA            | Banco Bilbao Vizcaya Argentaria SA                                     | CUSIP: N/A<br>LEI: K8MS7FD7N5Z2WQ51AZ71       | Long             | EC               | CORP              | ES        |      3381 | NS      | $68037.48     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Segro plc                                     | Segro plc                                                              | CUSIP: N/A<br>LEI: 213800XC35KGM9NFC641       | Long             | EC               | CORP              | GB        |     20580 | NS      | $188570.22    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokio Marine Holdings, Inc.                   | Tokio Marine Holdings, Inc.                                            | CUSIP: N/A<br>LEI: 5299009QN2NZ191KLS29       | Long             | EC               | CORP              | JP        |       700 | NS      | $26272.44     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyota Motor Corp.                            | Toyota Motor Corp.                                                     | CUSIP: N/A<br>LEI: 5493006W3QUS5LMH6R84       | Long             | EC               | CORP              | JP        |     12000 | NS      | $244432.18    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrefour SA                                  | Carrefour SA                                                           | CUSIP: N/A<br>LEI: 549300B8P6MUJ1YWTS08       | Long             | EC               | CORP              | FR        |     10045 | NS      | $151300.90    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Takeda Pharmaceutical Co. Ltd.                | Takeda Pharmaceutical Co. Ltd.                                         | CUSIP: N/A<br>LEI: 549300ZLMVP4X0OGR454       | Long             | EC               | CORP              | JP        |     16500 | NS      | $444805.43    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Wheaton Precious Metals Corp.                 | Wheaton Precious Metals Corp.                                          | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |      6909 | NS      | $667897.12    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Geberit AG                                    | Geberit AG (Registered)                                                | CUSIP: N/A<br>LEI: 52990093Z5OHD6T7BS47       | Long             | EC               | CORP              | CH        |       343 | NS      | $250814.08    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | MSCI EAFE E-Mini Index                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         6 | NC      | $7225.06      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Singapore Dollar                              | Singapore Dollar                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | SG        |     29672 | OU      | $22799.21     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Manulife Financial Corp.                      | Manulife Financial Corp.                                               | CUSIP: 56501R106<br>LEI: 5493007GBX87QOZACS27 | Long             | EC               | CORP              | CA        |     22393 | NS      | $725417.17    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurich Insurance Group AG                     | Zurich Insurance Group AG                                              | CUSIP: N/A<br>LEI: 529900QVNRBND50TXP03       | Long             | EC               | CORP              | CH        |      1176 | NS      | $818914.98    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Montreal                              | Bank of Montreal                                                       | CUSIP: 063671101<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | EC               | CORP              | CA        |       902 | NS      | $112161.77    | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Aena SME SA                                   | Aena SME SA                                                            | CUSIP: N/A<br>LEI: 959800R7QMXKF0NFMT29       | Long             | EC               | CORP              | ES        |      6370 | NS      | $173145.58    | 0.25%             |  |  |  | Yes           |                  1 | On Loan: No      |
| UniCredit SpA                                 | UniCredit SpA                                                          | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |       637 | NS      | $47076.48     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Chartered plc                        | Standard Chartered plc                                                 | CUSIP: N/A<br>LEI: U4LOSYZ7YG4W3S5F2G91       | Long             | EC               | CORP              | GB        |     18375 | NS      | $376494.40    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Secom Co. Ltd.                                | Secom Co. Ltd.                                                         | CUSIP: N/A<br>LEI: 529900TYCL9N3E9PGE47       | Long             | EC               | CORP              | JP        |      4300 | NS      | $145505.83    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollarama, Inc.                               | Dollarama, Inc.                                                        | CUSIP: 25675T107<br>LEI: 5493002GJ0NJP1HI0C79 | Long             | EC               | CORP              | CA        |      2646 | NS      | $344283.10    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Astellas Pharma, Inc.                         | Astellas Pharma, Inc.                                                  | CUSIP: N/A<br>LEI: 529900IB708DY2HBBB35       | Long             | EC               | CORP              | JP        |     14700 | NS      | $153960.92    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | Forward Foreign Currency Contract                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $657.25       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens AG                                    | Siemens AG (Registered)                                                | CUSIP: N/A<br>LEI: W38RGI023J3WT1HWRP32       | Long             | EC               | CORP              | DE        |      4067 | NS      | $1152643.97   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca plc                               | AstraZeneca plc                                                        | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |      6194 | NS      | $1014806.97   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Sands China Ltd.                              | Sands China Ltd.                                                       | CUSIP: N/A<br>LEI: 549300EVO6UZDGY05787       | Long             | EC               | CORP              | KY        |     39200 | NS      | $102082.81    | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Orsted A/S                                    | Orsted A/S                                                             | CUSIP: N/A<br>LEI: W9NG6WMZIYEU8VEDOG48       | Long             | EC               | CORP              | DK        |      8564 | NS      | $153289.05    | 0.22%             |  |  |  | Yes           |                  1 | On Loan: No      |
| N/A                                           | Forward Foreign Currency Contract                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $4087.55      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| SoftBank Corp.                                | SoftBank Corp.                                                         | CUSIP: N/A<br>LEI: 353800M1YCTS9JRBJ535       | Long             | EC               | CORP              | JP        |    411600 | NS      | $584316.77    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| NTT, Inc.                                     | NTT, Inc.                                                              | CUSIP: N/A<br>LEI: 353800VHQU5VIXVUA841       | Long             | EC               | CORP              | JP        |     19600 | NS      | $20152.80     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Volvo AB                                      | Volvo AB, Class B                                                      | CUSIP: 928856301<br>LEI: 549300HGV012CNC8JD22 | Long             | EC               | CORP              | SE        |      1588 | NS      | $43829.97     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | Forward Foreign Currency Contract                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $848.97       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MTR Corp. Ltd.                                | MTR Corp. Ltd.                                                         | CUSIP: N/A<br>LEI: 254900IH4U9NHH9AQM97       | Long             | EC               | CORP              | HK        |     24500 | NS      | $89839.43     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA Group Ltd.                                | AIA Group Ltd.                                                         | CUSIP: N/A<br>LEI: ZP5ILWVSYE4LJGMMVD57       | Long             | EC               | CORP              | HK        |     39200 | NS      | $380540.90    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                              | TotalEnergies SE                                                       | CUSIP: N/A<br>LEI: 529900S21EQ1BO4ESM68       | Long             | EC               | CORP              | FR        |      6615 | NS      | $411910.03    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Woolworths Group Ltd.                         | Woolworths Group Ltd.                                                  | CUSIP: N/A<br>LEI: QNWEWQBS7HP85QHXQL92       | Long             | EC               | CORP              | AU        |     18620 | NS      | $346306.05    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Kone OYJ                                      | Kone OYJ, Class B                                                      | CUSIP: N/A<br>LEI: 2138001CNF45JP5XZK38       | Long             | EC               | CORP              | FI        |      2597 | NS      | $173612.73    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Telefonica SA                                 | Telefonica SA                                                          | CUSIP: 879382109<br>LEI: 549300EEJH4FEPDBBR25 | Long             | EC               | CORP              | ES        |     21413 | NS      | $108424.20    | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Nestle SA                                     | Nestle SA (Registered)                                                 | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |      8673 | NS      | $830620.04    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Transurban Group                              | Transurban Group                                                       | CUSIP: N/A<br>LEI: 549300ZR71SUQ4VUTM79       | Long             | EC               | CORP              | AU        |     47138 | NS      | $446836.75    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | Forward Foreign Currency Contract                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-470.31      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| KBC Group NV                                  | KBC Group NV                                                           | CUSIP: N/A<br>LEI: 213800X3Q9LSAKRUWY91       | Long             | EC               | CORP              | BE        |      3744 | NS      | $450498.11    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge, Inc.                                | Enbridge, Inc.                                                         | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |     17689 | NS      | $825650.79    | 1.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Bunzl plc                                     | Bunzl plc                                                              | CUSIP: N/A<br>LEI: 213800Q1Q9DV4L78UM09       | Long             | EC               | CORP              | GB        |      5439 | NS      | $165216.22    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Oriental Land Co. Ltd.                        | Oriental Land Co. Ltd.                                                 | CUSIP: N/A<br>LEI: 353800PIFKBZ6KTU5994       | Long             | EC               | CORP              | JP        |      4900 | NS      | $99237.29     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Pearson plc                                   | Pearson plc                                                            | CUSIP: N/A<br>LEI: 2138004JBXWWJKIURC57       | Long             | EC               | CORP              | GB        |      9261 | NS      | $128976.19    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcon AG                                      | Alcon AG                                                               | CUSIP: N/A<br>LEI: 549300LDT5AP8S0NBM78       | Long             | EC               | CORP              | CH        |       196 | NS      | $14600.81     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Nissan Motor Co. Ltd.                         | Nissan Motor Co. Ltd.                                                  | CUSIP: N/A<br>LEI: 353800DRBDH1LUTNAY26       | Long             | EC               | CORP              | JP        |     36300 | NS      | $83295.25     | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Fujitsu Ltd.                                  | Fujitsu Ltd.                                                           | CUSIP: N/A<br>LEI: 3538000246DHJLRTUZ24       | Long             | EC               | CORP              | JP        |     27100 | NS      | $709098.05    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| National Australia Bank Ltd.                  | National Australia Bank Ltd.                                           | CUSIP: N/A<br>LEI: F8SB4JFBSYQFRQEH3Z21       | Long             | EC               | CORP              | AU        |      5586 | NS      | $159512.88    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Financial Group, Inc.                    | Sony Financial Group, Inc.                                             | CUSIP: N/A<br>LEI: 353800O7BDSU41WOZA60       | Long             | EC               | CORP              | JP        |     25600 | NS      | $25823.50     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Givaudan SA                                   | Givaudan SA (Registered)                                               | CUSIP: N/A<br>LEI: 213800SVRMQA1TD91D41       | Long             | EC               | CORP              | CH        |       151 | NS      | $620365.00    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Telekom AG                           | Deutsche Telekom AG (Registered)                                       | CUSIP: N/A<br>LEI: 549300V9QSIG4WX4GJ96       | Long             | EC               | CORP              | DE        |     16317 | NS      | $506421.56    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                                   | Novartis AG (Registered)                                               | CUSIP: N/A<br>LEI: 5493007HIVTX6SY6XD66       | Long             | EC               | CORP              | CH        |      7693 | NS      | $951334.92    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Sompo Holdings, Inc.                          | Sompo Holdings, Inc.                                                   | CUSIP: N/A<br>LEI: 353800CWW4SRGEYEB512       | Long             | EC               | CORP              | JP        |      4100 | NS      | $125298.11    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Pacific Kansas City Ltd.             | Canadian Pacific Kansas City Ltd.                                      | CUSIP: 13646K108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      1666 | NS      | $120008.12    | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Anglo American plc                            | Anglo American plc                                                     | CUSIP: N/A<br>LEI: 549300S9XF92D1X8ME43       | Long             | EC               | CORP              | GB        |      9604 | NS      | $362773.69    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| TELUS Corp.                                   | TELUS Corp.                                                            | CUSIP: 87971M103<br>LEI: 894500WE70KKZRQMBU11 | Long             | EC               | CORP              | CA        |      7987 | NS      | $116913.51    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens Energy AG                             | Siemens Energy AG                                                      | CUSIP: N/A<br>LEI: 5299005CHJZ14D4FDJ62       | Long             | EC               | CORP              | DE        |      5978 | NS      | $740349.36    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Asahi Group Holdings Ltd.                     | Asahi Group Holdings Ltd.                                              | CUSIP: N/A<br>LEI: 353800KAJ02XNHLCJW79       | Long             | EC               | CORP              | JP        |     24500 | NS      | $264155.66    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | Forward Foreign Currency Contract                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $1405.21      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| International Consolidated Airlines Group SA  | International Consolidated Airlines Group SA                           | CUSIP: N/A<br>LEI: 959800TZHQRUSH1ESL13       | Long             | EC               | CORP              | ES        |     37828 | NS      | $207697.63    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | Forward Foreign Currency Contract                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-4.99        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Capgemini SE                                  | Capgemini SE                                                           | CUSIP: N/A<br>LEI: 96950077L0TN7BAROX36       | Long             | EC               | CORP              | FR        |      2303 | NS      | $354859.37    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinross Gold Corp.                            | Kinross Gold Corp.                                                     | CUSIP: 496902404<br>LEI: 254900O9KHF2A1ZXPT47 | Long             | EC               | CORP              | CA        |     13377 | NS      | $311428.28    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Holdings plc                             | HSBC Holdings plc                                                      | CUSIP: N/A<br>LEI: MLU0ZO3ML4LN2LL2TL39       | Long             | EC               | CORP              | GB        |     46403 | NS      | $648318.63    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Shin-Etsu Chemical Co. Ltd.                   | Shin-Etsu Chemical Co. Ltd.                                            | CUSIP: N/A<br>LEI: 353800PX8Q64N86H5W41       | Long             | EC               | CORP              | JP        |       300 | NS      | $9064.94      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UCB SA                                        | UCB SA                                                                 | CUSIP: N/A<br>LEI: 2138008J191VLSGY5A09       | Long             | EC               | CORP              | BE        |      1960 | NS      | $503346.62    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| L'Oreal SA                                    | L'Oreal SA                                                             | CUSIP: N/A<br>LEI: 529900JI1GG6F7RKVI53       | Long             | EC               | CORP              | FR        |      1715 | NS      | $717848.63    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| EURO                                          | EURO                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |     41905 | OU      | $48366.44     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| British Pound                                 | British Pound                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | GB        |     40188 | OU      | $52800.90     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Repsol SA                                     | Repsol SA                                                              | CUSIP: N/A<br>LEI: BSYCX13Y0NOTV14V9N85       | Long             | EC               | CORP              | ES        |     17199 | NS      | $315135.99    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Swiss Re AG                                   | Swiss Re AG                                                            | CUSIP: N/A<br>LEI: 529900PS9YW3YY29F326       | Long             | EC               | CORP              | CH        |      1225 | NS      | $223712.24    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgestone Corp.                             | Bridgestone Corp.                                                      | CUSIP: N/A<br>LEI: 549300DHPOF90OYYD780       | Long             | EC               | CORP              | JP        |      9300 | NS      | $408329.49    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Electric Corp.                     | Mitsubishi Electric Corp.                                              | CUSIP: N/A<br>LEI: 549300TRXM9Y6561AX39       | Long             | EC               | CORP              | JP        |      5900 | NS      | $165332.51    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Xero Ltd.                                     | Xero Ltd.                                                              | CUSIP: N/A<br>LEI: 254900UG5D8YST164N14       | Long             | EC               | CORP              | NZ        |      1960 | NS      | $186051.53    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Imperial Bank of Commerce            | Canadian Imperial Bank of Commerce                                     | CUSIP: 136069101<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | EC               | CORP              | CA        |      9996 | NS      | $829058.39    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Murata Manufacturing Co. Ltd.                 | Murata Manufacturing Co. Ltd.                                          | CUSIP: N/A<br>LEI: 529900QZG6DL8ZRI7140       | Long             | EC               | CORP              | JP        |      7800 | NS      | $171741.26    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CapitaLand Integrated Commercial Trust        | CapitaLand Integrated Commercial Trust                                 | CUSIP: N/A<br>LEI: 54930031292WUTXF0L29       | Long             | EC               | CORP              | SG        |     83300 | NS      | $151693.11    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | Forward Foreign Currency Contract                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $1884.53      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Aviva plc                                     | Aviva plc                                                              | CUSIP: N/A<br>LEI: YF0Y5B0IB8SM0ZFG9G81       | Long             | EC               | CORP              | GB        |     50960 | NS      | $447653.08    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Henkel AG & Co. KGaA                          | Henkel AG & Co. KGaA (Preference)                                      | CUSIP: N/A<br>LEI: 549300VZCL1HTH4O4Y49       | Long             | EC               | CORP              | DE        |      2744 | NS      | $222522.19    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Celestica, Inc.                               | Celestica, Inc.                                                        | CUSIP: 15101Q207<br>LEI: 549300J3CG5T6RZWLN53 | Long             | EC               | CORP              | CA        |      1862 | NS      | $641690.00    | 0.91%             |  |  |  | No            |                  1 | On Loan: —       |

### Signature

**Date Signed:** 2025-12-01

**Name of Applicant:** FlexShares Trust

**Signature:** Randal Rein

**Name of Signer:** Randal Rein

**Title:** Treasurer and PFO