# EDGAR Filing Document

**Accession Number:** 0000916620
**File Stem:** 0002066578-26-001908
**Filing Date:** 2026-5
**Character Count:** 173957
**Document Hash:** fd7c5efd949fd40e5f6a64a9471e1f8c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002066578-26-001908.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0002066578-26-001908

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHERN FUNDS
- **CENTRAL INDEX KEY:** 0000916620

**ORGANIZATION NAME:**
- **EIN:** 391777365
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08236
- **FILM NUMBER:** 261034952

**BUSINESS ADDRESS:**
- **STREET 1:** NORTHERN FUNDS
- **STREET 2:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603
- **BUSINESS PHONE:** 800-595-9111

**MAIL ADDRESS:**
- **STREET 1:** NORTHERN FUNDS
- **STREET 2:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603

## Series and Classes Contracts Data

### GLOBAL REAL ESTATE INDEX FUND (Series ID: S000012717)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000034255 | GLOBAL REAL ESTATE INDEX FUND | NGREX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Northern Funds

- **b. Investment Company Act file number:** 811-08236

- **c. CIK number of Registrant:** 0000916620

- **d. LEI of Registrant:** 5493004ZY1PEJR3C0A81

- **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:** 800-595-9111

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

- **a. Name of Series:** Global Real Estate Index Fund

- **b. EDGAR series identifier (if any):** S000012717

- **c. LEI of Series:** 549300IBNCW08MG2I792

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $686618149.42

**Total Liabilities:** $507744.74

**Net Assets:** $686110404.68

**Cash Not Reported:** $2352074.07

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000034255 | 3.85%                | 6.85%                | -8.73%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-979754.90              | $26821740.15                               |
| Month 2  | $536291.28               | $46705063.51                               |
| Month 3  | $-1103978.35             | $-68000650.22                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| LOGISTEA AB SER B NPV                         | LOGISTEA AB SER B NPV                         | CUSIP: W5S480156<br>LEI: 549300ZSB0ZCKM1SL747 | Long             | EC               | CORP              | SE        |    109685 | NS      | $152538.25    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ISRAS HLDGS. LTD                              | ISRAS HLDGS. LTD                              | CUSIP: M61448102<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      1262 | NS      | $122844.28    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ATRIUM LJUNGBERG AB                           | ATRIUM LJUNGBERG AB                           | CUSIP: W1R95C129<br>LEI: 5493001NNP6HM67OVU09 | Long             | EC               | CORP              | SE        |     90983 | NS      | $284060.45    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| GEMLIFE COMMUNITIES GROUP                     | GEMLIFE COMMUNITIES GROUP                     | CUSIP: Q3980C111<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     67034 | NS      | $206001.87    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| LXP INDL. TRUST                               | LXP INDL. TRUST                               | CUSIP: 529043408<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               | CORP              | US        |     19363 | NS      | $895732.38    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| AVALONBAY COMMUNITIES INC                     | AVALONBAY COMMUNITIES INC                     | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |     47320 | NS      | $7729722.00   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CAMDEN PROP. TRUST                            | CAMDEN PROP. TRUST                            | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |     35443 | NS      | $3461363.38   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIS RESIDENTIAL INC                         | VERIS RESIDENTIAL INC                         | CUSIP: 554489104<br>LEI: 254900KTVBRYJCQU2J23 | Long             | EC               | CORP              | US        |     27575 | NS      | $520340.25    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSEX PROP. TST. INC                          | ESSEX PROP. TST. INC                          | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |     21492 | NS      | $5201064.00   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITY RESIDENTIAL                            | EQUITY RESIDENTIAL                            | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |    120762 | NS      | $7143072.30   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST INDL. REALTY TST. I                     | FIRST INDL. REALTY TST. I                     | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44431 | NS      | $2570333.35   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| HIGHWOODS PROPS. INC                          | HIGHWOODS PROPS. INC                          | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               | CORP              | US        |     36768 | NS      | $787202.88    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| KIMCO REALTY CORP                             | KIMCO REALTY CORP                             | CUSIP: 49446R109<br>LEI: 254900ARY41P4V1JL861 | Long             | EC               | CORP              | US        |    227828 | NS      | $5119295.16   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| BRANDYWINE REALTY TRUST                       | BRANDYWINE REALTY TRUST                       | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |     55383 | NS      | $150087.93    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MACERICH CO/THE                               | MACERICH CO/THE                               | CUSIP: 554382101<br>LEI: 529900PSWCB5KI0JYU46 | Long             | EC               | CORP              | US        |     85334 | NS      | $1612812.60   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| MID-AMERICA APT. COMMUNIT                     | MID-AMERICA APT. COMMUNIT                     | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |     39065 | NS      | $4770617.80   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL HEALTH INVSTRS.                      | NATIONAL HEALTH INVSTRS.                      | CUSIP: 63633D104<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | EC               | CORP              | US        |     15758 | NS      | $1274191.88   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| HOWARD HUGHES HLDGS. INC                      | HOWARD HUGHES HLDGS. INC                      | CUSIP: 44267T102<br>LEI: 254900TY494BHXIU6M60 | Long             | EC               | CORP              | US        |     10672 | NS      | $675110.72    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| VITAL INFRA. PROP. TRUST                      | VITAL INFRA. PROP. TRUST                      | CUSIP: 92848P107<br>LEI: 254900P6YIXMWDQDD912 | Long             | EC               | CORP              | CA        |     39726 | NS      | $150782.32    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN HEALTHCARE REIT                      | AMERICAN HEALTHCARE REIT                      | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               | CORP              | US        |     59223 | NS      | $2792956.68   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERSHOP HLDG. AG                            | INTERSHOP HLDG. AG                            | CUSIP: H42507279<br>LEI: 506700CGX4K77JX3R725 | Long             | EC               | CORP              | CH        |      1936 | NS      | $407956.93    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| PUBLIC PROP. INVEST AS                        | PUBLIC PROP. INVEST AS                        | CUSIP: R7S512109<br>LEI: 254900QSCB9T0W2KE886 | Long             | EC               | CORP              | NO        |     77241 | NS      | $173051.96    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| SILA REALTY TRUST INC COM                     | SILA REALTY TRUST INC COM                     | CUSIP: 146280508<br>LEI: 549300HXH142HWKKSW59 | Long             | EC               | CORP              | US        |     19034 | NS      | $450725.12    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| GUANGDONG HONG KONG GREAT                     | GUANGDONG HONG KONG GREAT                     | CUSIP: G4181B119<br>LEI: 5493003V7UHKPVGKCE85 | Long             | EC               | CORP              | KY        |    106000 | NS      | $82974.70     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| AMRAM AVRAHAM CONSTRUCTIO                     | AMRAM AVRAHAM CONSTRUCTIO                     | CUSIP: M1R41K135<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      7842 | NS      | $96654.22     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| FASTPARTNER AB                                | FASTPARTNER AB                                | CUSIP: W2148D188<br>LEI: 549300BG6SL5QQ7LQW56 | Long             | EC               | CORP              | SE        |     11955 | NS      | $54478.63     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| SMARTSTOP SELF STORAGE RE                     | SMARTSTOP SELF STORAGE RE                     | CUSIP: 83192D402<br>LEI: 549300EC266625K12S42 | Long             | EC               | CORP              | US        |     19231 | NS      | $582314.68    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| CENTURION ACCOMMODATION R                     | CENTURION ACCOMMODATION R                     | CUSIP: Y1777V103<br>LEI: 254900NE2W0T2HDOXF24 | Long             | EC               | CORP              | SG        |    148100 | NS      | $127508.85    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPS. INC                     | HUDSON PACIFIC PROPS. INC                     | CUSIP: 444097406<br>LEI: 529900EURZA5HRSXQ389 | Long             | EC               | CORP              | US        |     17517 | NS      | $103525.47    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| VASTNED NV                                    | VASTNED NV                                    | CUSIP: B52491105<br>LEI: 54930068RSC6OT68NE51 | Long             | EC               | CORP              | BE        |      3050 | NS      | $102261.81    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ABACUS GROUP                                  | ABACUS GROUP                                  | CUSIP: Q0015N260<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    150237 | NS      | $105516.71    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| HAMMERSON PLC                                 | HAMMERSON PLC                                 | CUSIP: G4273Q206<br>LEI: 213800G1C9KKVVDN1A60 | Long             | EC               | CORP              | GB        |    180530 | NS      | $718176.97    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| TAIBA INVS. CO                                | TAIBA INVS. CO                                | CUSIP: M8T637106<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |     44221 | NS      | $435644.28    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXUS SELECT TRUST                            | NEXUS SELECT TRUST                            | CUSIP: Y6S6L6100<br>LEI: 3358005ZHLYHK1WZGL78 | Long             | EC               | CORP              | IN        |    281008 | NS      | $446754.29    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| SIGNATUREGLOBAL INDIA LTD                     | SIGNATUREGLOBAL INDIA LTD                     | CUSIP: Y7939W111<br>LEI: 335800W546JCVSM7EX05 | Long             | EC               | CORP              | IN        |     10712 | NS      | $81320.55     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CURBLINE PROPS. CORP                          | CURBLINE PROPS. CORP                          | CUSIP: 23128Q101<br>LEI: 529900PGR41LH0I81I15 | Long             | EC               | CORP              | US        |     31059 | NS      | $801011.61    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SVEAFASTIGHETER AB                            | SVEAFASTIGHETER AB                            | CUSIP: W8963L106<br>LEI: 636700W1VM86O2G2AA36 | Long             | EC               | CORP              | SE        |     19921 | NS      | $74085.70     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| FIBRA MTY SAPI DE CV                          | FIBRA MTY SAPI DE CV                          | CUSIP: P13549129<br>LEI: 4469000001BCNG57T785 | Long             | EC               | CORP              | MX        |    850360 | NS      | $720217.87    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| PEKER GAYRIMENKUL YATIRIM                     | PEKER GAYRIMENKUL YATIRIM                     | CUSIP: M78651102<br>LEI: 789000AYPWS1SMED9849 | Long             | EC               | CORP              | TR        |   1472181 | NS      | $478081.57    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| ALLOS SA                                      | ALLOS SA                                      | CUSIP: P0R6A1107<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    118959 | NS      | $695172.43    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| GRANITE REAL ESTATE INV.                      | GRANITE REAL ESTATE INV.                      | CUSIP: 387437205<br>LEI: 549300A6I7CLE0ZC0396 | Long             | EC               | CORP              | CA        |      9665 | NS      | $568325.07    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEA FASTIGHETER AB                          | INTEA FASTIGHETER AB                          | CUSIP: W4R62U163<br>LEI: 549300KD3XGX3754UW61 | Long             | EC               | CORP              | SE        |     40053 | NS      | $298194.23    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| CHINA MERCHANTS SHEKOU IN                     | CHINA MERCHANTS SHEKOU IN                     | CUSIP: Y14907102<br>LEI: 300300T3ACALX7NIPW13 | Long             | EC               | CORP              | CN        |    173600 | NS      | $214999.33    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| SIRIUS REAL ESTATE LTD OR                     | SIRIUS REAL ESTATE LTD OR                     | CUSIP: G8187C104<br>LEI: 213800NURUF5W8QSK566 | Long             | EC               | CORP              | GB        |    494119 | NS      | $606819.72    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| EQUITES PROP. LTD                             | EQUITES PROP. LTD                             | CUSIP: S2755Y108<br>LEI: 378900F47D60FBC7C419 | Long             | EC               | CORP              | ZA        |    275890 | NS      | $275679.15    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| EMAAR DEV. PJSC                               | EMAAR DEV. PJSC                               | CUSIP: M4100K102<br>LEI: N/A                  | Long             | EC               | CORP              | AE        |    337967 | NS      | $1258900.12   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| VORNADO REALTY TRUST                          | VORNADO REALTY TRUST                          | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55274 | NS      | $1436571.26   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMMIT REAL ESTATE HLDGS.                     | SUMMIT REAL ESTATE HLDGS.                     | CUSIP: M8705C134<br>LEI: 254900R2MAR4ZEW3DO03 | Long             | EC               | CORP              | IL        |     12045 | NS      | $206882.37    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| WHARF REAL ESTATE INV. CO                     | WHARF REAL ESTATE INV. CO                     | CUSIP: G9593A104<br>LEI: 529900QLPKS8U9QOPB59 | Long             | EC               | CORP              | HK        |    563317 | NS      | $1633164.21   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| AMERICOLD REALTY TST. INC                     | AMERICOLD REALTY TST. INC                     | CUSIP: 03064D108<br>LEI: 894500O3S3W62PQPO460 | Long             | EC               | CORP              | US        |     96066 | NS      | $1100916.36   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| LTC PROPS. INC                                | LTC PROPS. INC                                | CUSIP: 502175102<br>LEI: 549300NRZP8IJG2KY677 | Long             | EC               | CORP              | US        |     15918 | NS      | $591512.88    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| REALTY INC. CORP                              | REALTY INC. CORP                              | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |    308085 | NS      | $18848640.30  | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| REYSAS GAYRIMENKUL YATIRI                     | REYSAS GAYRIMENKUL YATIRI                     | CUSIP: M8215U103<br>LEI: 789000T4S7UQTKKLGO34 | Long             | EC               | CORP              | TR        |    201004 | NS      | $132984.29    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| AROUNDTOWN SA                                 | AROUNDTOWN SA                                 | CUSIP: L0269F109<br>LEI: 529900H4DWG3KWMBMQ39 | Long             | EC               | CORP              | DE        |    256797 | NS      | $677985.01    | 0.10%             |  |  |  | No            |                  2 | On Loan: —       |
| FABEGE AB                                     | FABEGE AB                                     | CUSIP: W7888D199<br>LEI: 549300JNPI46XNH0PM97 | Long             | EC               | CORP              | SE        |     66897 | NS      | $539943.22    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| CHINA VANKE CO LTD                            | CHINA VANKE CO LTD                            | CUSIP: Y77421116<br>LEI: 529900E66UJ2DWY7KW55 | Long             | EC               | CORP              | CN        |    163940 | NS      | $95299.90     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| INNOVATIVE INDL. PROPS. I                     | INNOVATIVE INDL. PROPS. I                     | CUSIP: 45781V101<br>LEI: 5493008BQ0545EZXRR30 | Long             | EC               | CORP              | US        |      9502 | NS      | $476620.32    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| GREAT PORTLAND ESTATES PL                     | GREAT PORTLAND ESTATES PL                     | CUSIP: G40712211<br>LEI: 213800JMEDD2Q4N1MC42 | Long             | EC               | CORP              | GB        |    110699 | NS      | $414524.82    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| NESCO LTD                                     | NESCO LTD                                     | CUSIP: Y6268M124<br>LEI: 98450089BC981FEO9C12 | Long             | EC               | CORP              | IN        |      7499 | NS      | $80922.07     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| FORTRESS REAL ESTATE INVS                     | FORTRESS REAL ESTATE INVS                     | CUSIP: S30253108<br>LEI: 378900FE98E30F24D975 | Long             | EC               | CORP              | ZA        |    417824 | NS      | $547597.01    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| SIME DARBY PROP. BHD                          | SIME DARBY PROP. BHD                          | CUSIP: Y7962J102<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |   1055400 | NS      | $329746.68    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| VUKILE PROP. LTD                              | VUKILE PROP. LTD                              | CUSIP: S9468N170<br>LEI: 549300BDQAETROOTKO37 | Long             | EC               | CORP              | ZA        |    467989 | NS      | $614770.69    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| APPLE HOSPITALITY REIT IN                     | APPLE HOSPITALITY REIT IN                     | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |     75568 | NS      | $869787.68    | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| NOMURA REAL ESTATE MASTER                     | NOMURA REAL ESTATE MASTER                     | CUSIP: J589D3119<br>LEI: 353800TNNZOQ1CPZE086 | Long             | EC               | CORP              | JP        |      1303 | NS      | $1289234.19   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| APARTMENT INV. AND MGT. C                     | APARTMENT INV. AND MGT. C                     | CUSIP: 03748R747<br>LEI: 549300O8FT5GJ4RU1D57 | Long             | EC               | CORP              | US        |     44220 | NS      | $179975.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUINIX INC                                   | EQUINIX INC                                   | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |     32926 | NS      | $32275382.24  | 4.70%             |  |  |  | No            |                  1 | On Loan: No      |
| PANDOX AB                                     | PANDOX AB                                     | CUSIP: W70174102<br>LEI: 549300K4HA8EBLSL3B97 | Long             | EC               | CORP              | SE        |     36381 | NS      | $695750.40    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| REIT 1 LTD                                    | REIT 1 LTD                                    | CUSIP: M8209Q100<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     65098 | NS      | $466596.40    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| HIAG IMMOBILIEN HLDG. AG                      | HIAG IMMOBILIEN HLDG. AG                      | CUSIP: H3634R100<br>LEI: 549300TU2XXQ3TU4KJ11 | Long             | EC               | CORP              | CH        |      1509 | NS      | $255020.49    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SEKISUI HOUSE REIT INC                        | SEKISUI HOUSE REIT INC                        | CUSIP: J91258103<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      1388 | NS      | $786212.32    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| XENIA HOTELS & RESORTS IN                     | XENIA HOTELS & RESORTS IN                     | CUSIP: 984017103<br>LEI: 54930075IWIPHF5IQL62 | Long             | EC               | CORP              | US        |     32451 | NS      | $481248.33    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PRIMARY HEALTH PROPS. PLC                     | PRIMARY HEALTH PROPS. PLC                     | CUSIP: G7240B186<br>LEI: 213800Y5CJHXOATK7X11 | Long             | EC               | CORP              | GB        |    858016 | NS      | $1039802.92   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| SLATE GROCERY REIT                            | SLATE GROCERY REIT                            | CUSIP: 831062203<br>LEI: 5493007WH5UCZ7KXH140 | Long             | EC               | CORP              | CA        |     10998 | NS      | $119854.56    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTERSPACE                                   | CENTERSPACE                                   | CUSIP: 15202L107<br>LEI: 5493002LG2SH9EEHT720 | Long             | EC               | CORP              | US        |      5819 | NS      | $334301.55    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| LODHA DEVELOPERS LIMITED                      | LODHA DEVELOPERS LIMITED                      | CUSIP: Y5311S112<br>LEI: 254900B5QCN52ETNU557 | Long             | EC               | CORP              | IN        |    100645 | NS      | $729783.83    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| ALLIED PROPS. REAL ESTATE                     | ALLIED PROPS. REAL ESTATE                     | CUSIP: 019456102<br>LEI: 549300AMZMPKVHA0MY77 | Long             | EC               | RF                | CA        |     27047 | NS      | $178485.70    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERRENT REAL ESTATE INV                     | INTERRENT REAL ESTATE INV                     | CUSIP: 46071W205<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     23211 | NS      | $221247.83    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DREAM INDL. REAL ESTATE I                     | DREAM INDL. REAL ESTATE I                     | CUSIP: 26153W109<br>LEI: 549300QOI0TM3CBYUH79 | Long             | EC               | CORP              | CA        |     48369 | NS      | $430108.93    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| IRON MOUNTAIN INC                             | IRON MOUNTAIN INC                             | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |     98835 | NS      | $10095006.90  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLTOWER INC                                 | WELLTOWER INC                                 | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |    230013 | NS      | $45475870.23  | 6.63%             |  |  |  | No            |                  1 | On Loan: No      |
| FOUR CORNERS PROP. TST. I                     | FOUR CORNERS PROP. TST. I                     | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               | CORP              | US        |     35006 | NS      | $827891.90    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MINDSPACE BUSINESS PARKS                      | MINDSPACE BUSINESS PARKS                      | CUSIP: Y60386102<br>LEI: 335800KNDFQZVN5X6W64 | Long             | EC               | CORP              | IN        |     75144 | NS      | $357031.28    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| BROADSTONE NET LEASE INC                      | BROADSTONE NET LEASE INC                      | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               | CORP              | US        |     62239 | NS      | $1137106.53   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CROMBIE REAL ESTATE INV.                      | CROMBIE REAL ESTATE INV.                      | CUSIP: 227107109<br>LEI: 549300OGQML2MCFAPT83 | Long             | EC               | CORP              | CA        |     18180 | NS      | $206225.58    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ECO WORLD DEV. GRP. BHD                       | ECO WORLD DEV. GRP. BHD                       | CUSIP: Y74998108<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    449400 | NS      | $225855.92    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| HOPSON DEV HOLD                               | HOPSON DEV HOLD                               | CUSIP: G4600H119<br>LEI: 549300HYMKPTC1DTZS42 | Long             | EC               | CORP              | BM        |    348773 | NS      | $119808.10    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ICHIGO INC                                    | ICHIGO INC                                    | CUSIP: J2382Y109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     67800 | NS      | $201110.00    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| STARHILL GBL. REIT                            | STARHILL GBL. REIT                            | CUSIP: Y7545N109<br>LEI: 549300GCJNC7HDN3YK51 | Long             | EC               | CORP              | SG        |    509290 | NS      | $212576.09    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| LINK REIT                                     | LINK REIT                                     | CUSIP: Y5281M111<br>LEI: 529900XUE70U36QX5M62 | Long             | EC               | CORP              | HK        |    874626 | NS      | $4049572.63   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| YUEXIU REAL ESTATE INV. T                     | YUEXIU REAL ESTATE INV. T                     | CUSIP: Y9865D109<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    779477 | NS      | $76807.53     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| DAIWA OFFICE INV. CORP                        | DAIWA OFFICE INV. CORP                        | CUSIP: J1250G109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       178 | NS      | $369753.86    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| AMATA CORP PCL                                | AMATA CORP PCL                                | CUSIP: Y0099Y126<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |    247035 | NS      | $145371.69    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| MULTIPLAN EMPREENDIMENTOS                     | MULTIPLAN EMPREENDIMENTOS                     | CUSIP: P69913187<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    113872 | NS      | $696002.30    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| STOCKLAND                                     | STOCKLAND                                     | CUSIP: Q8773B105<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    811020 | NS      | $2428787.89   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| SUMITOMO REALTY & DEV. CO                     | SUMITOMO REALTY & DEV. CO                     | CUSIP: J77841112<br>LEI: 353800SO2DCLOI3LNZ64 | Long             | EC               | CORP              | JP        |    204250 | NS      | $5742432.02   | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| SEGRO PLC                                     | SEGRO PLC                                     | CUSIP: G80277141<br>LEI: 213800XC35KGM9NFC641 | Long             | EC               | CORP              | GB        |    431650 | NS      | $3753771.56   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| INDEPENDENCE REALTY TST.                      | INDEPENDENCE REALTY TST.                      | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               | CORP              | US        |     78916 | NS      | $1175059.24   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL STORAGE AFFILIAT                     | NATIONAL STORAGE AFFILIAT                     | CUSIP: 637870106<br>LEI: 529900FS06O8GOYNR108 | Long             | EC               | CORP              | US        |     23836 | NS      | $899570.64    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SMARTCENTRES REAL ESTATE                      | SMARTCENTRES REAL ESTATE                      | CUSIP: 83179X108<br>LEI: 549300HKEP2IYWZ14H97 | Long             | EC               | CORP              | CA        |     23117 | NS      | $442697.78    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| COREM PROP. GRP. AB                           | COREM PROP. GRP. AB                           | CUSIP: W2R19Q152<br>LEI: 213800CHXQQD7TSS1T59 | Long             | EC               | CORP              | SE        |    180018 | NS      | $63757.55     | 0.01%             |  |  |  | No            |                  2 | On Loan: —       |
| LASALLE LOGIPORT REIT                         | LASALLE LOGIPORT REIT                         | CUSIP: J38684106<br>LEI: 353800II3DI1RPKBB314 | Long             | EC               | CORP              | JP        |       619 | NS      | $580851.75    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| ESR KENDALL SQUARE REIT C                     | ESR KENDALL SQUARE REIT C                     | CUSIP: Y2S0MS103<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     57998 | NS      | $164890.87    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| VICINITY LTD                                  | VICINITY LTD                                  | CUSIP: Q9395F102<br>LEI: 549300S7GOEVR0EGFN47 | Long             | EC               | CORP              | AU        |   1297516 | NS      | $2105111.59   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| RESILIENT REIT LTD                            | RESILIENT REIT LTD                            | CUSIP: S6990F105<br>LEI: 378900F37FF47D486C58 | Long             | EC               | CORP              | ZA        |     99195 | NS      | $466885.03    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| KILLAM APT. REAL ESTATE I                     | KILLAM APT. REAL ESTATE I                     | CUSIP: 49410M102<br>LEI: 2549001RZSL75H60JE41 | Long             | EC               | CORP              | CA        |     20637 | NS      | $236618.61    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| H&R REAL ESTATE INV. TRUS                     | H&R REAL ESTATE INV. TRUS                     | CUSIP: 403925407<br>LEI: 549300TGNP6B6GUVGW10 | Long             | EC               | CORP              | CA        |     42656 | NS      | $299582.43    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| RADIANCE HLDGS. GRP. CO L                     | RADIANCE HLDGS. GRP. CO L                     | CUSIP: G7339A107<br>LEI: 549300487COLIJOB7F68 | Long             | EC               | CORP              | KY        |    213000 | NS      | $36679.27     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| INGENIA COMMUNITIES GROUP                     | INGENIA COMMUNITIES GROUP                     | CUSIP: Q4912D185<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    143168 | NS      | $398159.89    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| STORAGEVAULT CANADA INC                       | STORAGEVAULT CANADA INC                       | CUSIP: 86212H105<br>LEI: 254900A6LDI0HRL1VD69 | Long             | EC               | CORP              | CA        |     76441 | NS      | $241780.17    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| LUMO KODIT OYJ                                | LUMO KODIT OYJ                                | CUSIP: X4543E117<br>LEI: 7437007YPUOQZ8OV1R42 | Long             | EC               | CORP              | FI        |     49194 | NS      | $453199.36    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| ALTAREA SCA                                   | ALTAREA SCA                                   | CUSIP: F0261X121<br>LEI: 969500ICGCY1PD6OT783 | Long             | EC               | CORP              | FR        |      1880 | NS      | $247604.34    | 0.04%             |  |  |  | No            |                  2 | On Loan: —       |
| CHARTER HALL RET. REIT                        | CHARTER HALL RET. REIT                        | CUSIP: Q2308D108<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    178189 | NS      | $470493.43    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| PRESTIGE ESTATES PROJECTS                     | PRESTIGE ESTATES PROJECTS                     | CUSIP: Y707AN101<br>LEI: 335800HHEBP52VZLTU94 | Long             | EC               | CORP              | IN        |     56835 | NS      | $682036.99    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| AIMS APAC REIT                                | AIMS APAC REIT                                | CUSIP: Y0029Z136<br>LEI: 549300MGNQOBQ3KVN734 | Long             | EC               | CORP              | SG        |    193982 | NS      | $216718.12    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| TANGER INC                                    | TANGER INC                                    | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |     38495 | NS      | $1308060.10   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| VENTAS INC                                    | VENTAS INC                                    | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |    157508 | NS      | $12881004.24  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| CORP INMOBILIARIA VESTA S                     | CORP INMOBILIARIA VESTA S                     | CUSIP: P9781N108<br>LEI: 4469000001BIRIFZJ959 | Long             | EC               | CORP              | MX        |    291200 | NS      | $971912.29    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| REXFORD INDL. REALTY INC                      | REXFORD INDL. REALTY INC                      | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |     77402 | NS      | $2533367.46   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| ARENA REIT                                    | ARENA REIT                                    | CUSIP: Q0457C152<br>LEI: 984500FEAC9A1C1FC967 | Long             | EC               | CORP              | AU        |    136105 | NS      | $308010.50    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| DEYAAR DEV. PJSC                              | DEYAAR DEV. PJSC                              | CUSIP: M28055115<br>LEI: N/A                  | Long             | EC               | CORP              | AE        |    386459 | NS      | $83995.93     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CENTURION CORP LTD                            | CENTURION CORP LTD                            | CUSIP: Y8068A128<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |     67500 | NS      | $78052.58     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BRIXMOR PROP. GRP. INC                        | BRIXMOR PROP. GRP. INC                        | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |    102806 | NS      | $2960812.80   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| NIPPON REIT INV. CORP                         | NIPPON REIT INV. CORP                         | CUSIP: J5530Q100<br>LEI: 3538004O49OJ90PEXX85 | Long             | EC               | CORP              | JP        |       603 | NS      | $338665.54    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| MERLIN PROPS. SOCIMI SA                       | MERLIN PROPS. SOCIMI SA                       | CUSIP: E7390Z100<br>LEI: 959800L8KD863DP30X04 | Long             | EC               | CORP              | ES        |    131883 | NS      | $2145425.14   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| KUWAIT REAL ESTATE CO KSC                     | KUWAIT REAL ESTATE CO KSC                     | CUSIP: M78904105<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |    314383 | NS      | $345269.56    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| REDEFINE PROPS. LTD                           | REDEFINE PROPS. LTD                           | CUSIP: S6815L196<br>LEI: 37890061EC026A7DA532 | Long             | EC               | CORP              | ZA        |   2295140 | NS      | $811032.32    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| SUNSTONE HOTEL INVSTRS. I                     | SUNSTONE HOTEL INVSTRS. I                     | CUSIP: 867892101<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EC               | CORP              | US        |     58954 | NS      | $531175.54    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MABANEE CO KPSC                               | MABANEE CO KPSC                               | CUSIP: M6782J113<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |    228218 | NS      | $668763.13    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| CIPUTRA DEV. TBK PT                           | CIPUTRA DEV. TBK PT                           | CUSIP: Y7121J134<br>LEI: 2549000JMJUYB9U5Y204 | Long             | EC               | CORP              | ID        |   3119536 | NS      | $130889.47    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| PAVILION REAL ESTATE INV.                     | PAVILION REAL ESTATE INV.                     | CUSIP: Y6754A105<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    626800 | NS      | $268888.79    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| IGB REAL ESTATE INV. TRUS                     | IGB REAL ESTATE INV. TRUS                     | CUSIP: Y3865M102<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    622500 | NS      | $424802.66    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| GLP J-REIT                                    | GLP J-REIT                                    | CUSIP: J17305103<br>LEI: 353800E27V9KA51K2I90 | Long             | EC               | CORP              | JP        |      1539 | NS      | $1261837.58   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| GROWTHPOINT PROPS. LTD                        | GROWTHPOINT PROPS. LTD                        | CUSIP: S3373C239<br>LEI: 37890019DD1E46632291 | Long             | EC               | CORP              | ZA        |   1157345 | NS      | $1112363.85   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| MATRIX CONCEPTS HLDGS. BH                     | MATRIX CONCEPTS HLDGS. BH                     | CUSIP: Y5840A103<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    390050 | NS      | $122672.63    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| IOI PROPS. GRP. BHD                           | IOI PROPS. GRP. BHD                           | CUSIP: Y417A6104<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    480900 | NS      | $397152.94    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| WERELDHAVE NV                                 | WERELDHAVE NV                                 | CUSIP: N95060120<br>LEI: 724500YRQCY3BD9RJZ92 | Long             | EC               | CORP              | NL        |     12815 | NS      | $318418.10    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| LAMDA DEV. SA                                 | LAMDA DEV. SA                                 | CUSIP: X4740Y122<br>LEI: 213800C7PQZVF38FYL54 | Long             | EC               | CORP              | GR        |     20444 | NS      | $142163.23    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| PSP SWISS PROP. AG                            | PSP SWISS PROP. AG                            | CUSIP: H64687124<br>LEI: 50670042Y437P8X44F56 | Long             | EC               | CORP              | CH        |     15363 | NS      | $3057772.39   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| AGREE REALTY CORP                             | AGREE REALTY CORP                             | CUSIP: 008492100<br>LEI: 98450090H010B37OEB68 | Long             | EC               | CORP              | US        |     38311 | NS      | $2887883.18   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAMONDROCK HOSPITALITY C                     | DIAMONDROCK HOSPITALITY C                     | CUSIP: 252784301<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EC               | CORP              | US        |     70314 | NS      | $658842.18    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ICADE                                         | ICADE                                         | CUSIP: F4931M119<br>LEI: 969500UDH342QLTE1M42 | Long             | EC               | CORP              | FR        |     10576 | NS      | $238737.40    | 0.03%             |  |  |  | No            |                  2 | On Loan: —       |
| REGENCY CENTERS CORP                          | REGENCY CENTERS CORP                          | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |     58524 | NS      | $4427925.84   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDICAL PROPS. TST. INC                       | MEDICAL PROPS. TST. INC                       | CUSIP: 58463J304<br>LEI: 254900U6E39J1MQCCY14 | Long             | EC               | CORP              | US        |    171295 | NS      | $793095.85    | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| GLADSTONE COMMER. CORP                        | GLADSTONE COMMER. CORP                        | CUSIP: 376536108<br>LEI: 529900EVVV534W8R0T32 | Long             | EC               | CORP              | US        |     14553 | NS      | $166340.79    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CT REAL ESTATE INV. TRUST                     | CT REAL ESTATE INV. TRUST                     | CUSIP: 126462100<br>LEI: 549300QXEHJXT6D53X16 | Long             | EC               | CORP              | CA        |     18261 | NS      | $217120.94    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| KITE REALTY GRP. TRUST                        | KITE REALTY GRP. TRUST                        | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     71655 | NS      | $1759130.25   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| MONTEA NV                                     | MONTEA NV                                     | CUSIP: B6214F103<br>LEI: 5493006K5LQDD0GK1T60 | Long             | EC               | CORP              | BE        |      6768 | NS      | $518902.16    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| GODREJ PROPS. LTD                             | GODREJ PROPS. LTD                             | CUSIP: Y2735G139<br>LEI: 335800KM3Y5NZWXOE183 | Long             | EC               | CORP              | IN        |     50456 | NS      | $790043.32    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| HYPROP INVS. LTD                              | HYPROP INVS. LTD                              | CUSIP: S3723H102<br>LEI: 3789003E3E1AD1E96166 | Long             | EC               | CORP              | ZA        |    136057 | NS      | $433609.18    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| JAPAN PRIME REALTY INV. C                     | JAPAN PRIME REALTY INV. C                     | CUSIP: J2741H102<br>LEI: 353800NJOQJAY1ODEX72 | Long             | EC               | CORP              | JP        |      1153 | NS      | $707583.42    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| CAPITALAND ASCENDAS REIT                      | CAPITALAND ASCENDAS REIT                      | CUSIP: Y0205X103<br>LEI: 549300ILIBAEMQZK3L20 | Long             | EC               | CORP              | SG        |   1311134 | NS      | $2533277.53   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| MAHINDRA LIFESPACE DEVELO                     | MAHINDRA LIFESPACE DEVELO                     | CUSIP: Y54162105<br>LEI: 335800C4GAEGPH1E9B03 | Long             | EC               | CORP              | IN        |     31813 | NS      | $99314.40     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GLOBAL ONE REAL ESTATE IN                     | GLOBAL ONE REAL ESTATE IN                     | CUSIP: J1727U103<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       335 | NS      | $255127.96    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| INVINCIBLE INV. CORP                          | INVINCIBLE INV. CORP                          | CUSIP: J2442V103<br>LEI: 353800JY6M2692VAV685 | Long             | EC               | CORP              | JP        |      2596 | NS      | $976545.74    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| TOSEI CORP                                    | TOSEI CORP                                    | CUSIP: J8963D109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     20000 | NS      | $199621.35    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| CHONG HONG CONSTRUCTION C                     | CHONG HONG CONSTRUCTION C                     | CUSIP: Y1582T103<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     61745 | NS      | $151478.18    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| YANLORD LAND GRP. LTD                         | YANLORD LAND GRP. LTD                         | CUSIP: Y9729A101<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |    168300 | NS      | $79990.98     | 0.01%             |  |  |  | No            |                  2 | On Loan: —       |
| GREENTOWN CHINA HLDGS. LT                     | GREENTOWN CHINA HLDGS. LT                     | CUSIP: G4100M105<br>LEI: 529900BLBC6YDNWS8530 | Long             | EC               | CORP              | HK        |    341500 | NS      | $383414.57    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| CDL HOSPITALITY TRUSTS                        | CDL HOSPITALITY TRUSTS                        | CUSIP: Y1233P104<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |    258652 | NS      | $166690.69    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| MITSUI FUDOSAN                                | MITSUI FUDOSAN                                | CUSIP: J52066107<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       824 | NS      | $697054.14    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| HUAKU DEV. CO LTD                             | HUAKU DEV. CO LTD                             | CUSIP: Y3742X107<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     96890 | NS      | $367439.61    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| HIGHWEALTH CONSTRUCTION C                     | HIGHWEALTH CONSTRUCTION C                     | CUSIP: Y31959102<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    455118 | NS      | $499221.87    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| MORI HILLS REIT INV. CORP                     | MORI HILLS REIT INV. CORP                     | CUSIP: J4665S106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       488 | NS      | $408188.31    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| CHINA O/SEAS. LAND & INV.                     | CHINA O/SEAS. LAND & INV.                     | CUSIP: Y15004107<br>LEI: 529900I6W35GYKRIZ151 | Long             | EC               | CORP              | HK        |   1271542 | NS      | $1889486.73   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| DAIWA HOUSE IND. CO LTD                       | DAIWA HOUSE IND. CO LTD                       | CUSIP: J11508124<br>LEI: 353800K9WXR9XRZJZI46 | Long             | EC               | CORP              | JP        |    187300 | NS      | $5854919.96   | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| HEIWA REAL ESTATE CO LTD                      | HEIWA REAL ESTATE CO LTD                      | CUSIP: J19278100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     13500 | NS      | $206541.84    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| HENDERSON LAND DEV. CO LT                     | HENDERSON LAND DEV. CO LT                     | CUSIP: Y31476107<br>LEI: 529900SYQB7IVR9QGN76 | Long             | EC               | CORP              | HK        |    487555 | NS      | $1808315.22   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| AL RAJHI REIT                                 | AL RAJHI REIT                                 | CUSIP: M0857X107<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |     88920 | NS      | $191954.86    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| COUSINS PROPS. INC                            | COUSINS PROPS. INC                            | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |     56768 | NS      | $1281253.76   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| HONGKONG LAND HLDGS. LTD                      | HONGKONG LAND HLDGS. LTD                      | CUSIP: G4587L109<br>LEI: 213800XCHYNRPAYGXW28 | Long             | EC               | CORP              | SG        |    363918 | NS      | $2846367.51   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| K WAH INTL. HLDGS. LTD                        | K WAH INTL. HLDGS. LTD                        | CUSIP: G5321P116<br>LEI: 529900ZOP51K5LHLPK04 | Long             | EC               | CORP              | HK        |    435000 | NS      | $123311.54    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SHANGHAI JINQIAO EXPORT P                     | SHANGHAI JINQIAO EXPORT P                     | CUSIP: Y4443D101<br>LEI: 300300145JZKQZO13H90 | Long             | EC               | CORP              | CN        |    108216 | NS      | $82244.94     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| SP SETIA BHD GROUP                            | SP SETIA BHD GROUP                            | CUSIP: Y8132G101<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    782069 | NS      | $168478.18    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| NTT DC REIT                                   | NTT DC REIT                                   | CUSIP: Y642JH104<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |    252400 | PA      | $231433.76    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| RTS. CAPITALAND ASCENDA                       | RTS. CAPITALAND ASCENDA                       | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | SG        |     36711 | NS      | $3426.40      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TOKYO TATEMONO CO LTD                         | TOKYO TATEMONO CO LTD                         | CUSIP: J88333133<br>LEI: 529900RQA4JTW1869J86 | Long             | EC               | CORP              | JP        |     63500 | NS      | $1457718.05   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| HOSHINO RESORTS REIT INC                      | HOSHINO RESORTS REIT INC                      | CUSIP: J2245U104<br>LEI: 353800DF2MUZWFL4IL56 | Long             | EC               | CORP              | JP        |       205 | NS      | $315206.75    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| TRITAX BIG BOX REIT PLC                       | TRITAX BIG BOX REIT PLC                       | CUSIP: G9101W101<br>LEI: 213800L6X88MIYPVR714 | Long             | EC               | CORP              | GB        |    743284 | NS      | $1401445.81   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| PROLOGIS PROP. MEXICO SA                      | PROLOGIS PROP. MEXICO SA                      | CUSIP: P4559M101<br>LEI: 4469000001BLWI4LQJ08 | Long             | EC               | CORP              | MX        |    360161 | NS      | $1572225.44   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SCENTRE GROUP                                 | SCENTRE GROUP                                 | CUSIP: Q8351E109<br>LEI: 529900TUCASM3W86E831 | Long             | EC               | CORP              | AU        |   1751454 | NS      | $4040842.35   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| ENTRA ASA                                     | ENTRA ASA                                     | CUSIP: R2R8A2105<br>LEI: 549300APU14LQKTYCH34 | Long             | EC               | CORP              | NO        |     15922 | NS      | $172492.48    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ARGAN SA                                      | ARGAN SA                                      | CUSIP: F0378V109<br>LEI: 529900FXM41XSCUSGH04 | Long             | EC               | CORP              | FR        |      4521 | NS      | $297536.58    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| AEON REIT INV. CORP                           | AEON REIT INV. CORP                           | CUSIP: J10006104<br>LEI: 353800P59F8MJB4FE788 | Long             | EC               | CORP              | JP        |       544 | NS      | $429803.33    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| GRAND CITY PROPS. SA                          | GRAND CITY PROPS. SA                          | CUSIP: L4459Y100<br>LEI: 5299002QLUYKK2WBMB18 | Long             | EC               | CORP              | DE        |     22509 | NS      | $234795.77    | 0.03%             |  |  |  | No            |                  2 | On Loan: —       |
| EMPIRE STATE REALTY TST.                      | EMPIRE STATE REALTY TST.                      | CUSIP: 292104106<br>LEI: 549300VOKY1DUEQSB456 | Long             | EC               | CORP              | US        |     47781 | NS      | $248461.20    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL STORAGE REIT                         | NATIONAL STORAGE REIT                         | CUSIP: Q6605D109<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    466166 | NS      | $892336.02    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| CARETRUST REIT INC                            | CARETRUST REIT INC                            | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |     74754 | NS      | $2739734.10   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| HULIC REIT INC                                | HULIC REIT INC                                | CUSIP: J2359T109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       449 | NS      | $457341.82    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| SUPERMARKET INC. REIT PLC                     | SUPERMARKET INC. REIT PLC                     | CUSIP: G8586X105<br>LEI: 2138007FOINJKAM7L537 | Long             | EC               | CORP              | GB        |    431451 | NS      | $453886.96    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| CRE LOGISTICS REIT INC                        | CRE LOGISTICS REIT INC                        | CUSIP: J7008E106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       191 | NS      | $192307.60    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| CHARTER HALL SOCIAL INFRA                     | CHARTER HALL SOCIAL INFRA                     | CUSIP: Q2308H109<br>LEI: 254900W31UGIMDQW3W98 | Long             | EC               | CORP              | AU        |    116719 | NS      | $208683.13    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ISRAEL CANADA T.R LTD                         | ISRAEL CANADA T.R LTD                         | CUSIP: M5897Z129<br>LEI: 984500FA8AEA2CE5RB18 | Long             | EC               | CORP              | IL        |     62818 | NS      | $351038.70    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| KEPPEL DC REIT                                | KEPPEL DC REIT                                | CUSIP: Y47230100<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |    686303 | NS      | $1167783.25   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| SAMTY RESIDENTIAL INV. CO                     | SAMTY RESIDENTIAL INV. CO                     | CUSIP: J6779Q108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       104 | NS      | $69201.10     | 0.01%             |  |  |  | No            |                  2 | On Loan: —       |
| LENDLEASE GBL. COMMER. RE                     | LENDLEASE GBL. COMMER. RE                     | CUSIP: Y5229U100<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |    756001 | NS      | $315534.90    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| NI US GOV T PORTFOLIO                         | NI US GOV T PORTFOLIO                         | CUSIP: 665278404<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |   5002243 | NS      | $5002242.65   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILLIPS EDISON INC                           | PHILLIPS EDISON INC                           | CUSIP: 71844V201<br>LEI: 549300JPN4YHYPXTJQ85 | Long             | EC               | CORP              | US        |     41769 | NS      | $1562995.98   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| DIOS FASTIGHETER AB                           | DIOS FASTIGHETER AB                           | CUSIP: W2592B100<br>LEI: 549300G3VF7LZQ9IW435 | Long             | EC               | CORP              | SE        |     36293 | NS      | $242523.97    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SAGAX AB                                      | SAGAX AB                                      | CUSIP: W7519A200<br>LEI: 549300LJX28T6OM8DT95 | Long             | EC               | CORP              | SE        |     74348 | NS      | $1385781.83   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| IRISH RESIDENTIAL PROPS.                      | IRISH RESIDENTIAL PROPS.                      | CUSIP: G49456109<br>LEI: 635400EOPACLULRENY18 | Long             | EC               | CORP              | IE        |    165553 | NS      | $194329.64    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| MEGA OR HLDGS. LTD                            | MEGA OR HLDGS. LTD                            | CUSIP: M6889L102<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      8071 | NS      | $1289487.75   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| C&D INTL. INV. GRP. LTD                       | C&D INTL. INV. GRP. LTD                       | CUSIP: G3165D109<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    309549 | NS      | $499351.80    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| PLAZA SA                                      | PLAZA SA                                      | CUSIP: P7898L106<br>LEI: 254900IOKBBI6NWAPK83 | Long             | EC               | CORP              | CL        |    255130 | NS      | $1085788.50   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| EAGLE HOSPITALITY TRUST                       | EAGLE HOSPITALITY TRUST                       | CUSIP: Y2188L106<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |    496400 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| YUEXIU PROP. CO LTD                           | YUEXIU PROP. CO LTD                           | CUSIP: Y9863Z128<br>LEI: 529900GASK6R1FD08W10 | Long             | EC               | CORP              | HK        |    509674 | NS      | $247185.39    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| DAR AL ARKAN REAL ESTATE                      | DAR AL ARKAN REAL ESTATE                      | CUSIP: M2723D109<br>LEI: 558600USX20EGH6LVQ89 | Long             | EC               | CORP              | SA        |    181153 | NS      | $878379.24    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| DA-LI DEV. CO LTD                             | DA-LI DEV. CO LTD                             | CUSIP: Y1975L105<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     85613 | NS      | $126843.60    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| CONCENTRADORA FIBRA DANHO                     | CONCENTRADORA FIBRA DANHO                     | CUSIP: P2825H138<br>LEI: 2SFFM4FUIE05S37WFU55 | Long             | EC               | CORP              | MX        |    104953 | NS      | $166889.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| KIWI PROP. GRP. LTD                           | KIWI PROP. GRP. LTD                           | CUSIP: Q5349C104<br>LEI: N/A                  | Long             | EC               | CORP              | NZ        |    557909 | NS      | $291942.22    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| URBAN EDGE PROPERTIES                         | URBAN EDGE PROPERTIES                         | CUSIP: 91704F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42783 | NS      | $854804.34    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MITSUI FUDOSAN LOGISTICS                      | MITSUI FUDOSAN LOGISTICS                      | CUSIP: J44788107<br>LEI: 353800DN63EIYS760S59 | Long             | EC               | CORP              | JP        |      1106 | NS      | $788666.88    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| CIBUS NORDIC REAL ESTATE                      | CIBUS NORDIC REAL ESTATE                      | CUSIP: W24214103<br>LEI: 549300PW36MFK96GCR23 | Long             | EC               | CORP              | SE        |     23706 | NS      | $357834.48    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| NYFOSA AB                                     | NYFOSA AB                                     | CUSIP: W6S88K102<br>LEI: 5493000YR2B83SILCJ50 | Long             | EC               | CORP              | SE        |     56436 | NS      | $392010.78    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| MIRARTH REAL ESTATE                           | MIRARTH REAL ESTATE                           | CUSIP: J80746100<br>LEI: 353800B55299YP0HS329 | Long             | EC               | CORP              | JP        |       322 | NS      | $176383.96    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| LOTTE REIT CO LTD                             | LOTTE REIT CO LTD                             | CUSIP: Y528AU105<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     48366 | NS      | $146816.29    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ISRAS INV. CO LTD                             | ISRAS INV. CO LTD                             | CUSIP: M61446106<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |       452 | NS      | $115881.59    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| RIMO INTL. LESTARI TBK PT                     | RIMO INTL. LESTARI TBK PT                     | CUSIP: Y71354107<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |  42545100 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CHAMPION REIT                                 | CHAMPION REIT                                 | CUSIP: Y1292D109<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    548000 | NS      | $158728.62    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SHANGHAI ZHANGJIANG HIGH-                     | SHANGHAI ZHANGJIANG HIGH-                     | CUSIP: Y7699D105<br>LEI: 300300QF9LB9KZ188A33 | Long             | EC               | CORP              | CN        |     31500 | NS      | $156276.39    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SAMHALLSBYGGNADSBOLAGET I                     | SAMHALLSBYGGNADSBOLAGET I                     | CUSIP: W2R93A131<br>LEI: 549300HX9MRFY47AH564 | Long             | EC               | CORP              | SE        |    350042 | NS      | $139358.76    | 0.02%             |  |  |  | No            |                  2 | On Loan: —       |
| UNIBAIL-RODAMCO-WESTFIELD                     | UNIBAIL-RODAMCO-WESTFIELD                     | CUSIP: F95094581<br>LEI: 969500SHQITWXSIS7N89 | Long             | EC               | CORP              | FR        |     40877 | NS      | $4568589.48   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| EMBASSY OFFICE PARKS REIT                     | EMBASSY OFFICE PARKS REIT                     | CUSIP: Y2R9YR104<br>LEI: 335800O555A557E43Z08 | Long             | EC               | CORP              | IN        |    283332 | NS      | $1258879.29   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| ARABIAN CENTRES CO LTD                        | ARABIAN CENTRES CO LTD                        | CUSIP: M0000Y101<br>LEI: 8945006MT4ZZ5EBVCI56 | Long             | EC               | CORP              | SA        |     73380 | NS      | $334298.71    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| CAPITALAND ASCOTT TRUST                       | CAPITALAND ASCOTT TRUST                       | CUSIP: Y0261Y177<br>LEI: 549300W6RTG7Y32IWY65 | Long             | EC               | CORP              | SG        |    918414 | NS      | $631144.27    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE TR                     | DIVERSIFIED HEALTHCARE TR                     | CUSIP: 25525P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59842 | NS      | $397350.88    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| WAREHOUSE DE PAUW NV NPV                      | WAREHOUSE DE PAUW NV NPV                      | CUSIP: B9T59Z100<br>LEI: 549300HWDYC5JXC85138 | Long             | EC               | CORP              | BE        |     66214 | NS      | $1721029.93   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| WAYPOINT REIT LTD                             | WAYPOINT REIT LTD                             | CUSIP: Q95666105<br>LEI: 5493003CS5K82RREKA54 | Long             | EC               | CORP              | AU        |    212142 | NS      | $345300.68    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| NETSTREIT CORP                                | NETSTREIT CORP                                | CUSIP: 64119V303<br>LEI: 254900CJL0EDMEQ25Q84 | Long             | EC               | CORP              | US        |     28907 | NS      | $544318.81    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| ARRIYADH DEV. CO                              | ARRIYADH DEV. CO                              | CUSIP: M1R03C105<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |     37737 | NS      | $189465.00    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| EMAAR ECONOMIC CITY                           | EMAAR ECONOMIC CITY                           | CUSIP: M4018S106<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |     58192 | NS      | $151237.01    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| AP (THAILAND) PUBLIC COMP                     | AP (THAILAND) PUBLIC COMP                     | CUSIP: Y0209X117<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |    441405 | NS      | $112425.77    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| PLATZER FASTIGHETER HLDG.                     | PLATZER FASTIGHETER HLDG.                     | CUSIP: W7S644112<br>LEI: 5493009KPII4BZE70820 | Long             | EC               | CORP              | SE        |     18394 | NS      | $132620.02    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| NP3 FASTIGHETER AB                            | NP3 FASTIGHETER AB                            | CUSIP: W5909X111<br>LEI: 549300MGVITW8GYJHZ50 | Long             | EC               | CORP              | SE        |     11763 | NS      | $307799.42    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SUNTECK REALTY LTD                            | SUNTECK REALTY LTD                            | CUSIP: Y8308R113<br>LEI: 335800TFT4V77I31F853 | Long             | EC               | CORP              | IN        |     19915 | NS      | $57938.77     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPS. INC                         | HEALTHPEAK PROPS. INC                         | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | EC               | CORP              | US        |    233898 | NS      | $3842944.14   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| SOSILA LOGISTICS REIT INC                     | SOSILA LOGISTICS REIT INC                     | CUSIP: J7645P100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       227 | NS      | $173742.07    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| FIRST CAP. REAL ESTATE IN                     | FIRST CAP. REAL ESTATE IN                     | CUSIP: 31890B103<br>LEI: 54930042UG2WCIIAQZ39 | Long             | EC               | CORP              | CA        |     36336 | NS      | $538601.34    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SEAZEN GRP. LTD                               | SEAZEN GRP. LTD                               | CUSIP: G7956A109<br>LEI: 5493006M8GRAQRCSCD67 | Long             | EC               | CORP              | KY        |    803904 | NS      | $215040.02    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| HOMECO DAILY NEEDS REIT                       | HOMECO DAILY NEEDS REIT                       | CUSIP: Q46596104<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    614200 | NS      | $502919.19    | 0.07%             |  |  |  | No            |                  2 | On Loan: —       |
| SK REITS CO LTD                               | SK REITS CO LTD                               | CUSIP: Y806SW102<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     53192 | NS      | $216517.33    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| DUBAI RESIDENTIAL REIT AE                     | DUBAI RESIDENTIAL REIT AE                     | CUSIP: M28898100<br>LEI: N/A                  | Long             | EC               | CORP              | AE        |    693338 | PA      | $209234.06    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| AFRICA ISRAEL RESIDENCES                      | AFRICA ISRAEL RESIDENCES                      | CUSIP: M0191T101<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      2162 | NS      | $164835.59    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| LOGAN GROUP CO LTD                            | LOGAN GROUP CO LTD                            | CUSIP: G55555109<br>LEI: 549300NJ0E6Q0S1VOG90 | Long             | EC               | CORP              | HK        |    351000 | NS      | $57361.76     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| STAR ASIA INV. CORP                           | STAR ASIA INV. CORP                           | CUSIP: J76639103<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       958 | NS      | $334637.79    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| YH DIMRI CONSTRUCTION & D                     | YH DIMRI CONSTRUCTION & D                     | CUSIP: M98848100<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      3391 | NS      | $458284.53    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| CPI EUROPE AG                                 | CPI EUROPE AG                                 | CUSIP: A27849339<br>LEI: 5299000DUMZ99SBBX121 | Long             | EC               | CORP              | AT        |     11740 | NS      | $212506.95    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| JBG SMITH PROPERTIES                          | JBG SMITH PROPERTIES                          | CUSIP: 46590V100<br>LEI: 549300HHIW6GDQCPEC54 | Long             | EC               | CORP              | US        |     18390 | NS      | $268677.90    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| INVITATION HOMES INC                          | INVITATION HOMES INC                          | CUSIP: 46187W107<br>LEI: 984500FE452E665C9F85 | Long             | EC               | CORP              | US        |    194300 | NS      | $4828355.00   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTURIA INDL. REIT                           | CENTURIA INDL. REIT                           | CUSIP: Q2227X102<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    186317 | NS      | $371231.93    | 0.05%             |  |  |  | No            |                  2 | On Loan: —       |
| MIRAI CORP                                    | MIRAI CORP                                    | CUSIP: J4309J108<br>LEI: 353800HQCYM7P10R9D93 | Long             | EC               | CORP              | JP        |       649 | NS      | $195840.74    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| GLOBAL NET LEASE INC                          | GLOBAL NET LEASE INC                          | CUSIP: 379378201<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EC               | CORP              | US        |     67940 | NS      | $635918.40    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| PARK HOTELS & RESORTS INC                     | PARK HOTELS & RESORTS INC                     | CUSIP: 700517105<br>LEI: 5493005UZ5TQN0H6HS73 | Long             | EC               | CORP              | US        |     64995 | NS      | $684397.35    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| CARMILA SA                                    | CARMILA SA                                    | CUSIP: F1387K266<br>LEI: 222100P6D3QKU33LZQ72 | Long             | EC               | CORP              | FR        |     21409 | NS      | $415080.18    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| MITSUBISHI ESTATE LOGISTI                     | MITSUBISHI ESTATE LOGISTI                     | CUSIP: J4S41D104<br>LEI: 353800YYSGZU31ICQK38 | Long             | EC               | CORP              | JP        |       475 | NS      | $374357.09    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| RETAIL ESTATES NV                             | RETAIL ESTATES NV                             | CUSIP: B7081U108<br>LEI: 5493007CO5W5OBFG7L21 | Long             | EC               | CORP              | BE        |      4154 | NS      | $318257.66    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXPOINT RESIDENTIAL TST.                     | NEXPOINT RESIDENTIAL TST.                     | CUSIP: 65341D102<br>LEI: 549300U2J6XVYBF87166 | Long             | EC               | CORP              | US        |      7498 | NS      | $187450.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARTER HALL LONG WALE RE                     | CHARTER HALL LONG WALE RE                     | CUSIP: Q2308E106<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    212403 | NS      | $492650.29    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERNATIONAL WORKPLACE                       | INTERNATIONAL WORKPLACE                       | CUSIP: G4969N103<br>LEI: 2138003LWDII27UTAG52 | Long             | EC               | CORP              | GB        |    242002 | NS      | $567123.14    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| BROOKFIELD INDIA REAL EST                     | BROOKFIELD INDIA REAL EST                     | CUSIP: Y0974Z107<br>LEI: 335800MCXUOZ6TVFEQ25 | Long             | EC               | CORP              | IN        |    155554 | NS      | $532414.01    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| HOME REIT PLC                                 | HOME REIT PLC                                 | CUSIP: G4579X103<br>LEI: 213800A53AOVH3FCGG44 | Long             | EC               | CORP              | GB        |    484349 | NS      | $121613.71    | 0.02%             |  |  |  | No            |                  3 | On Loan: No      |
| CBL & ASSOC. PROPS. INC                       | CBL & ASSOC. PROPS. INC                       | CUSIP: 124830878<br>LEI: 529900EIVFBRS4PUBZ13 | Long             | EC               | CORP              | US        |      5190 | NS      | $199451.70    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PRIMARIS REAL ESTATE INV.                     | PRIMARIS REAL ESTATE INV.                     | CUSIP: 74167K109<br>LEI: 549300WUM45OXSEVOT03 | Long             | EC               | CORP              | CA        |     19478 | NS      | $241532.24    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ANANT RAJ LTD                                 | ANANT RAJ LTD                                 | CUSIP: Y01272122<br>LEI: 335800J1QMHJ15K7PF47 | Long             | EC               | CORP              | IN        |     39586 | NS      | $176470.08    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| UEM SUNRISE BHD                               | UEM SUNRISE BHD                               | CUSIP: Y90347124<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    383600 | NS      | $43581.09     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| AMOT INVS. LTD                                | AMOT INVS. LTD                                | CUSIP: M1035R103<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     83424 | NS      | $511194.14    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| ELECTRA REAL ESTATE LTD                       | ELECTRA REAL ESTATE LTD                       | CUSIP: M3752K105<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     10718 | NS      | $178498.73    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| AZRIELI GRP. LTD                              | AZRIELI GRP. LTD                              | CUSIP: M1571Q105<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     14304 | NS      | $1915792.86   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| RLJ LODGING TRUST                             | RLJ LODGING TRUST                             | CUSIP: 74965L101<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | EC               | CORP              | US        |     45390 | NS      | $336793.80    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| RYMAN HOSPITALITY PROPS.                      | RYMAN HOSPITALITY PROPS.                      | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |     20124 | NS      | $1856841.48   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| MACQUARIE MEXICO REAL EST                     | MACQUARIE MEXICO REAL EST                     | CUSIP: P3515D155<br>LEI: 549300ALY1LDVQGKWL18 | Long             | EC               | CORP              | MX        |    274426 | NS      | $631747.85    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AREIT INC                                     | AREIT INC                                     | CUSIP: Y1001D101<br>LEI: N/A                  | Long             | EC               | CORP              | PH        |    386400 | NS      | $252161.56    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| INVENTRUST PROPS. CORP                        | INVENTRUST PROPS. CORP                        | CUSIP: 46124J201<br>LEI: 5493006BQYSOBYVUFA03 | Long             | EC               | CORP              | US        |     25439 | NS      | $774871.94    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| WALLENSTAM AB                                 | WALLENSTAM AB                                 | CUSIP: W9898B148<br>LEI: 21380081R2P9MKFQBD25 | Long             | EC               | CORP              | SE        |    131698 | NS      | $573661.21    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| CA IMMOBILIEN ANLAGEN AG                      | CA IMMOBILIEN ANLAGEN AG                      | CUSIP: A1144Q155<br>LEI: 5299003ICAPV07J0R180 | Long             | EC               | CORP              | AT        |     10049 | NS      | $284301.29    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| ALLREAL HOLDING AGCHF50                       | ALLREAL HOLDING AGCHF50                       | CUSIP: H0151D100<br>LEI: 5067006XH174LA44H658 | Long             | EC               | CORP              | CH        |      4961 | NS      | $1403791.15   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| SWISS PRIME SITE AG                           | SWISS PRIME SITE AG                           | CUSIP: H8403W107<br>LEI: 506700XI9H64OPR34158 | Long             | EC               | CORP              | CH        |     26938 | NS      | $4563988.84   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| CASTELLUM AB                                  | CASTELLUM AB                                  | CUSIP: W2084X107<br>LEI: 549300GU5OHTR1T5IY68 | Long             | EC               | CORP              | SE        |    122995 | NS      | $1428985.92   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXITY SA                                     | NEXITY SA                                     | CUSIP: F6527B126<br>LEI: 969500JJ71T2DIPDVV84 | Long             | EC               | CORP              | FR        |     11929 | NS      | $111383.79    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| MERCIALYS SA                                  | MERCIALYS SA                                  | CUSIP: F61573105<br>LEI: 969500081CGAXB7YS433 | Long             | EC               | CORP              | FR        |     32406 | NS      | $439430.45    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| MOBIMO HLDG. AG                               | MOBIMO HLDG. AG                               | CUSIP: H55058103<br>LEI: 50670018HN8O1GD3O385 | Long             | EC               | CORP              | CH        |      2531 | NS      | $1207668.00   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| TAG IMMOBILIEN AG                             | TAG IMMOBILIEN AG                             | CUSIP: D8283Q174<br>LEI: 529900TAE68USJNXLR59 | Long             | EC               | CORP              | DE        |     64251 | NS      | $1004869.45   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| UMH PROPS. INC                                | UMH PROPS. INC                                | CUSIP: 903002103<br>LEI: 529900OM5K3PJ11F0Q09 | Long             | EC               | CORP              | US        |     28491 | NS      | $411125.13    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NNN REIT INC                                  | NNN REIT INC                                  | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               | CORP              | US        |     63159 | NS      | $2654572.77   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| AEDIFICA SA                                   | AEDIFICA SA                                   | CUSIP: B0130A108<br>LEI: 529900DTKNXL0AXQFN28 | Long             | EC               | CORP              | BE        |     27968 | NS      | $2257862.94   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| NATIONAL REAL ESTATE CO K                     | NATIONAL REAL ESTATE CO K                     | CUSIP: M7244G101<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |    504647 | NS      | $113058.29    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| FIBRA UNO ADMINISTRACION                      | FIBRA UNO ADMINISTRACION                      | CUSIP: P3515D163<br>LEI: 4469000001BLWI4LQJ08 | Long             | EC               | CORP              | MX        |    949633 | NS      | $1551372.77   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA O/SEAS. GRAND OCEAN                     | CHINA O/SEAS. GRAND OCEAN                     | CUSIP: Y1505S117<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    600500 | NS      | $181790.59    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| BSR REAL ESTATE INV. TRUS                     | BSR REAL ESTATE INV. TRUS                     | CUSIP: 05585D103<br>LEI: 254900JO0IGNDM4G5Q74 | Long             | EC               | CORP              | CA        |      8913 | NS      | $98399.52     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| IGUATEMI SA                                   | IGUATEMI SA                                   | CUSIP: P5R52Z102<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     73600 | NS      | $395575.93    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| WIHLBORGS FASTIGHETER AB                      | WIHLBORGS FASTIGHETER AB                      | CUSIP: W9899F163<br>LEI: 549300RC1YDJPITF8X06 | Long             | EC               | CORP              | SE        |     90425 | NS      | $828880.35    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| SHENZHEN INV. LTD                             | SHENZHEN INV. LTD                             | CUSIP: Y7743P120<br>LEI: 529900QMH55P3EJRQC98 | Long             | EC               | CORP              | HK        |    871191 | NS      | $78274.10     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| KSL HLDGS BERHAD MYR0.50                      | KSL HLDGS BERHAD MYR0.50                      | CUSIP: Y48682101<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    102900 | NS      | $75979.21     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| KATITAS CO LTD                                | KATITAS CO LTD                                | CUSIP: J30978100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     17600 | NS      | $353558.82    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| MAPLETREE LOGISTICS TRUST                     | MAPLETREE LOGISTICS TRUST                     | CUSIP: Y5759Q107<br>LEI: 549300M9EBZIYH387075 | Long             | EC               | CORP              | SG        |   1174826 | NS      | $1053705.43   | 0.15%             |  |  |  | No            |                  2 | On Loan: —       |
| KERRY PROPS. LTD                              | KERRY PROPS. LTD                              | CUSIP: G52440107<br>LEI: 5299006T5ULIIRZ7LK49 | Long             | EC               | CORP              | HK        |    199599 | NS      | $559576.54    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| JHSF PARTICIPACOES SA                         | JHSF PARTICIPACOES SA                         | CUSIP: P6050T105<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     90900 | NS      | $163730.03    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MITSUI FUDOSAN CO LTD                         | MITSUI FUDOSAN CO LTD                         | CUSIP: J4509L101<br>LEI: 353800ND4ZKNZDYKMF33 | Long             | EC               | CORP              | JP        |    887286 | NS      | $9391531.97   | 1.37%             |  |  |  | No            |                  2 | On Loan: No      |
| DLF LTD                                       | DLF LTD                                       | CUSIP: Y2089H105<br>LEI: 335800PJLUEOB8914F48 | Long             | EC               | CORP              | IN        |    251198 | NS      | $1346699.20   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| UOL GRP. LTD                                  | UOL GRP. LTD                                  | CUSIP: Y9299W103<br>LEI: 254900O9PRCWTMR86R25 | Long             | EC               | CORP              | SG        |    158197 | NS      | $1205002.71   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| FORTUNE REAL ESTATE INV.                      | FORTUNE REAL ESTATE INV.                      | CUSIP: Y2616W104<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    500000 | NS      | $298556.13    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| AMERICAN ASSETS TST. INC                      | AMERICAN ASSETS TST. INC                      | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16452 | NS      | $302881.32    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| WHITESTONE REIT                               | WHITESTONE REIT                               | CUSIP: 966084204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16407 | NS      | $264973.05    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PAKUWON JATI TBK PT                           | PAKUWON JATI TBK PT                           | CUSIP: Y712CA107<br>LEI: 254900GUXQAQB065PM73 | Long             | EC               | CORP              | ID        |   4288140 | NS      | $86487.16     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| LIGHTHOUSE PROPERTIES PLC                     | LIGHTHOUSE PROPERTIES PLC                     | CUSIP: X4S03B108<br>LEI: 549300UG27SWRF0X2U62 | Long             | EC               | CORP              | MT        |    383702 | NS      | $169328.62    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| AURA INVS. LTD                                | AURA INVS. LTD                                | CUSIP: M15346105<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     54003 | NS      | $327467.94    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| EUROCOMMERCIAL PROPS. NV                      | EUROCOMMERCIAL PROPS. NV                      | CUSIP: N31068195<br>LEI: 724500SFK53FPNM68L95 | Long             | EC               | CORP              | NL        |     15247 | NS      | $464786.72    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| FASTIGHETS AB BALDER                          | FASTIGHETS AB BALDER                          | CUSIP: W2951M127<br>LEI: 549300GHKJCEZOAEUU82 | Long             | EC               | CORP              | SE        |    237381 | NS      | $1396099.89   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| GECINA SA                                     | GECINA SA                                     | CUSIP: F4268U171<br>LEI: 9695003E4MMA10IBTR26 | Long             | EC               | CORP              | FR        |     15563 | NS      | $1230600.19   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| KLEPIERRE SA                                  | KLEPIERRE SA                                  | CUSIP: F5396X102<br>LEI: 969500PB4U31KEFHZ621 | Long             | EC               | CORP              | FR        |     71998 | NS      | $2713680.25   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| INDUSTRIAL & INFRA. INV.                      | INDUSTRIAL & INFRA. INV.                      | CUSIP: J24393118<br>LEI: 353800WCHFY04YKYCI19 | Long             | EC               | CORP              | JP        |       790 | NS      | $706692.03    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| TALAAT MOUSTAFA GROUP                         | TALAAT MOUSTAFA GROUP                         | CUSIP: M8763H108<br>LEI: N/A                  | Long             | EC               | CORP              | EG        |    241029 | NS      | $329342.94    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| COVIVIO SA/FRANCE                             | COVIVIO SA/FRANCE                             | CUSIP: F2R22T119<br>LEI: 969500P8M3W2XX376054 | Long             | EC               | CORP              | FR        |     19017 | NS      | $1136969.00   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| PHOENIX MILLS LTD/THE                         | PHOENIX MILLS LTD/THE                         | CUSIP: Y6973B132<br>LEI: 33580037PCXCE5PNQU51 | Long             | EC               | CORP              | IN        |     65196 | NS      | $1068912.31   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| DEXUS                                         | DEXUS                                         | CUSIP: Q318A1104<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    357887 | NS      | $1472916.67   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| BRIGADE ENTS. LTD                             | BRIGADE ENTS. LTD                             | CUSIP: Y0970Q101<br>LEI: 335800QDUUQVHS6II245 | Long             | EC               | CORP              | IN        |     45708 | NS      | $316024.46    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| MELISRON LTD                                  | MELISRON LTD                                  | CUSIP: M5128G106<br>LEI: 213800B9SL62L9VLO604 | Long             | EC               | CORP              | IL        |      7956 | NS      | $1029904.15   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| ADVANCE RESIDENCE INV. CO                     | ADVANCE RESIDENCE INV. CO                     | CUSIP: J00184101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       973 | NS      | $996309.95    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| STAG INDL. INC                                | STAG INDL. INC                                | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |     62442 | NS      | $2251658.52   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| NIPPON PROLOGIS REIT INC                      | NIPPON PROLOGIS REIT INC                      | CUSIP: J5528H104<br>LEI: 353800PHBMSDLAFURY41 | Long             | EC               | CORP              | JP        |      2226 | NS      | $1198609.39   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| VONOVIA SE                                    | VONOVIA SE                                    | CUSIP: D9581T100<br>LEI: 5299005A2ZEP6AP7KM81 | Long             | EC               | CORP              | DE        |    255092 | NS      | $6352907.69   | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| DIGITAL CORE REIT MGT. PT                     | DIGITAL CORE REIT MGT. PT                     | CUSIP: Y2076L101<br>LEI: 254900RTT7SLEEJYGV92 | Long             | EC               | CORP              | SG        |    286600 | NS      | $139638.04    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| RL COMMER. REIT INC                           | RL COMMER. REIT INC                           | CUSIP: Y7319E103<br>LEI: N/A                  | Long             | EC               | CORP              | PH        |   2376400 | NS      | $259894.96    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SABRA HEALTH CARE REIT IN                     | SABRA HEALTH CARE REIT IN                     | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               | CORP              | US        |     84487 | NS      | $1624685.01   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| WP CAREY INC                                  | WP CAREY INC                                  | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |     73562 | NS      | $4999273.52   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| DEXUS INDUSTRIA REIT                          | DEXUS INDUSTRIA REIT                          | CUSIP: Q0R50L139<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     87871 | NS      | $140404.99    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL REALTY INV. TRUST                     | FEDERAL REALTY INV. TRUST                     | CUSIP: 313745101<br>LEI: 549300FHEI1SLVZ0RB48 | Long             | EC               | CORP              | US        |     27434 | NS      | $2913765.14   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIRAAT GAYRIMENKUL YATIRI                     | ZIRAAT GAYRIMENKUL YATIRI                     | CUSIP: M9892P102<br>LEI: 789000MO4TRW4909N793 | Long             | EC               | CORP              | TR        |    321743 | NS      | $166495.95    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| RETAL URBAN DEV. CO                           | RETAL URBAN DEV. CO                           | CUSIP: M8S0B0106<br>LEI: 5586009EAJUMBXKV7452 | Long             | EC               | CORP              | SA        |     78432 | NS      | $283355.85    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SHURGARD SELF STORAGE LTD                     | SHURGARD SELF STORAGE LTD                     | CUSIP: G81317102<br>LEI: 549300J0UEIKU81XO336 | Long             | EC               | CORP              | GG        |     12316 | NS      | $356704.39    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| TERRENO REALTY CORP                           | TERRENO REALTY CORP                           | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34676 | NS      | $2129799.92   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| MAPLETREE INDL. TRUST                         | MAPLETREE INDL. TRUST                         | CUSIP: Y5759S103<br>LEI: 549300R7WZFHXNKDJF41 | Long             | EC               | CORP              | SG        |    729555 | NS      | $1103386.89   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| MAPLETREE PAN ASIA COMMER                     | MAPLETREE PAN ASIA COMMER                     | CUSIP: Y5759T101<br>LEI: 549300BF18K4IC5LZ208 | Long             | EC               | CORP              | SG        |    803761 | NS      | $828309.86    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| RAK PROPS. PJSC                               | RAK PROPS. PJSC                               | CUSIP: M81868107<br>LEI: N/A                  | Long             | EC               | CORP              | AE        |    498238 | NS      | $128654.63    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| WHA CORP PCL                                  | WHA CORP PCL                                  | CUSIP: Y95310192<br>LEI: 254900E68VLEZZULQP27 | Long             | EC               | CORP              | TH        |   2700600 | NS      | $350185.69    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                         | AMERICAN HOMES 4 RENT                         | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |    111951 | NS      | $3125671.92   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| ALEXANDRIA REAL ESTATE EQ                     | ALEXANDRIA REAL ESTATE EQ                     | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |     51701 | NS      | $2399960.42   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| BXP INC                                       | BXP INC                                       | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |     50806 | NS      | $2636831.40   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| OMEGA HEALTHCARE INVSTRS.                     | OMEGA HEALTHCARE INVSTRS.                     | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               | CORP              | US        |     99152 | NS      | $4344840.64   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| EASTERLY GOV. PROPS. INC                      | EASTERLY GOV. PROPS. INC                      | CUSIP: 27616P301<br>LEI: 549300ERMCEFC6S8HL77 | Long             | EC               | CORP              | US        |     14275 | NS      | $305913.25    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ESR-REIT                                      | ESR-REIT                                      | CUSIP: Y2301D114<br>LEI: 5493008PFX3JN1RMMD48 | Long             | EC               | CORP              | SG        |    207367 | NS      | $364720.20    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| STONEWEG EUR. STAPLED TRU                     | STONEWEG EUR. STAPLED TRU                     | CUSIP: Y816FX103<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |    126771 | NS      | $215928.38    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| SAKURA DEV. CO LTD                            | SAKURA DEV. CO LTD                            | CUSIP: Y74567101<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    119153 | NS      | $180838.01    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| HEALTHCARE REALTY TST. IN                     | HEALTHCARE REALTY TST. IN                     | CUSIP: 42226K105<br>LEI: 549300L0I14L7I0VLX84 | Long             | EC               | CORP              | US        |    110675 | NS      | $1880368.25   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| SALHIA REAL ESTATE CO KSC                     | SALHIA REAL ESTATE CO KSC                     | CUSIP: M69626105<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |    147171 | NS      | $188022.42    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| MAKKAH COMPANY FOR REC &                      | MAKKAH COMPANY FOR REC &                      | CUSIP: M6S89F103<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |     33458 | NS      | $755423.30    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| NEPI ROCKCASTLE N.V.                          | NEPI ROCKCASTLE N.V.                          | CUSIP: N6S06Q108<br>LEI: 549300FMWM53K9ULYT15 | Long             | EC               | CORP              | NL        |    200456 | NS      | $1613229.21   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| REGION RE LTD                                 | REGION RE LTD                                 | CUSIP: Q8501V100<br>LEI: 549300MS6NZV0B7K7D28 | Long             | EC               | CORP              | AU        |    398717 | NS      | $625852.16    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| ABACUS STORAGE KING                           | ABACUS STORAGE KING                           | CUSIP: Q0R11R100<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    163252 | NS      | $156934.77    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITE GRP. PLC/THE                            | UNITE GRP. PLC/THE                            | CUSIP: G9283N101<br>LEI: 213800BBUUWVDH9YI827 | Long             | EC               | CORP              | GB        |    147078 | NS      | $887451.48    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| BIG YELLOW GRP. PLC                           | BIG YELLOW GRP. PLC                           | CUSIP: G1093E108<br>LEI: 213800W7Q4V2ZI8LIW31 | Long             | EC               | CORP              | GB        |     61464 | NS      | $694913.78    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| GRAINGER PLC                                  | GRAINGER PLC                                  | CUSIP: G40432117<br>LEI: 2138007CEIRKZMNI2979 | Long             | EC               | CORP              | GB        |    237991 | NS      | $512322.65    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| BRITISH LAND CO PLC/THE                       | BRITISH LAND CO PLC/THE                       | CUSIP: G15540118<br>LEI: RV5B68J2GV3QGMRPW209 | Long             | EC               | CORP              | GB        |    330976 | NS      | $1582485.17   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| DERWENT LONDON PLC                            | DERWENT LONDON PLC                            | CUSIP: G27300105<br>LEI: 213800BXKQ9KZNUR1M61 | Long             | EC               | CORP              | GB        |     35804 | NS      | $747256.94    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| SAFESTORE HLDGS. PLC                          | SAFESTORE HLDGS. PLC                          | CUSIP: G77733106<br>LEI: 213800WGA3YSJC1YOH73 | Long             | EC               | CORP              | GB        |     74300 | NS      | $626724.37    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| OBEROI REALTY LTD                             | OBEROI REALTY LTD                             | CUSIP: Y6424D109<br>LEI: 335800TCKG1XQXN51L44 | Long             | EC               | CORP              | IN        |     43972 | NS      | $663780.71    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED DEV. CO QSC                            | UNITED DEV. CO QSC                            | CUSIP: M9405E107<br>LEI: N/A                  | Long             | EC               | CORP              | QA        |    565258 | NS      | $136551.31    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| PEBBLEBROOK HOTEL TRUST                       | PEBBLEBROOK HOTEL TRUST                       | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               | CORP              | US        |     36249 | NS      | $457824.87    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| KILROY REALTY CORP                            | KILROY REALTY CORP                            | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               | CORP              | US        |     38362 | NS      | $1082192.02   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| HOST HOTELS & RESORTS INC                     | HOST HOTELS & RESORTS INC                     | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |    231551 | NS      | $4436517.16   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| GETTY REALTY CORP                             | GETTY REALTY CORP                             | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               | CORP              | US        |     18693 | NS      | $594437.40    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ST JOE CO/THE                                 | ST JOE CO/THE                                 | CUSIP: 790148100<br>LEI: 529900XVHOT3BF8PWG49 | Long             | EC               | CORP              | US        |     12670 | NS      | $795676.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SIMON PROP. GRP. INC                          | SIMON PROP. GRP. INC                          | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |    109508 | NS      | $20426527.24  | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| COPT DEFENSE PROPERTIES                       | COPT DEFENSE PROPERTIES                       | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               | CORP              | US        |     37588 | NS      | $1150192.80   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC STORAGE                                | PUBLIC STORAGE                                | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |     52840 | NS      | $14313299.20  | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN COMMUNITIES INC                           | SUN COMMUNITIES INC                           | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |     41265 | NS      | $5197739.40   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| PARQUE ARAUCO SA                              | PARQUE ARAUCO SA                              | CUSIP: P76328106<br>LEI: 2549001WW2PV1Y0UEU97 | Long             | EC               | CORP              | CL        |    227343 | NS      | $927770.32    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| KENNEDY-WILSON HLDGS. INC                     | KENNEDY-WILSON HLDGS. INC                     | CUSIP: 489398107<br>LEI: 549300MOI1T78144X610 | Long             | EC               | CORP              | US        |     35942 | NS      | $388892.44    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| LONDONMETRIC PROP. PLC                        | LONDONMETRIC PROP. PLC                        | CUSIP: G5689W109<br>LEI: 213800OCERWWPQDURL87 | Long             | EC               | CORP              | GB        |    738387 | NS      | $1777834.64   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| XIOR STUDENT HOUSING NV                       | XIOR STUDENT HOUSING NV                       | CUSIP: B9901Y104<br>LEI: 549300JK7HFOCP0U8K85 | Long             | EC               | CORP              | BE        |     13849 | NS      | $425537.68    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| CK ASSET HLDGS. LTD                           | CK ASSET HLDGS. LTD                           | CUSIP: G2177B101<br>LEI: 5299006GJZSGP78B8S35 | Long             | EC               | CORP              | HK        |    647500 | NS      | $3698628.55   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| CATENA AB                                     | CATENA AB                                     | CUSIP: W2356E100<br>LEI: 549300EMLM7AH5LDLY65 | Long             | EC               | CORP              | SE        |     14728 | NS      | $691392.45    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| HANKYU HANSHIN REIT INC                       | HANKYU HANSHIN REIT INC                       | CUSIP: J19573104<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       203 | NS      | $187160.83    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| LAND SECS. GRP. PLC                           | LAND SECS. GRP. PLC                           | CUSIP: G5375M142<br>LEI: 213800V8IAVKS37D6B88 | Long             | EC               | CORP              | GB        |    236271 | NS      | $1753190.91   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| CHOICE PROPS. REAL ESTATE                     | CHOICE PROPS. REAL ESTATE                     | CUSIP: 17039A106<br>LEI: 5493007MYGFSLOZGT937 | Long             | EC               | CORP              | CA        |     54369 | NS      | $600321.93    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| RIOCAN REAL ESTATE INV. T                     | RIOCAN REAL ESTATE INV. T                     | CUSIP: 766910103<br>LEI: 549300S8HVUSEU3JBY60 | Long             | EC               | CORP              | CA        |     49552 | NS      | $676437.70    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| EASTGROUP PROPS. INC                          | EASTGROUP PROPS. INC                          | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |     17873 | NS      | $3308113.57   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN APT. PROPS. REIT                     | CANADIAN APT. PROPS. REIT                     | CUSIP: 134921105<br>LEI: 549300B1MYVTQEB2DI90 | Long             | EC               | CORP              | CA        |     24455 | NS      | $624252.07    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| LEG IMMOBILIEN SE                             | LEG IMMOBILIEN SE                             | CUSIP: D4960A103<br>LEI: 391200SO40AKONBO0Z96 | Long             | EC               | CORP              | DE        |     25595 | NS      | $1666877.65   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| SAUL CENTERS INC                              | SAUL CENTERS INC                              | CUSIP: 804395101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5039 | NS      | $164170.62    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ACADIA REALTY TRUST                           | ACADIA REALTY TRUST                           | CUSIP: 004239109<br>LEI: 254900C5XLB1YYJQSH07 | Long             | EC               | CORP              | US        |     42788 | NS      | $818106.56    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ALEXANDER S INC                               | ALEXANDER S INC                               | CUSIP: 014752109<br>LEI: 549300TZM28P04U5R635 | Long             | EC               | CORP              | US        |       776 | NS      | $183291.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BOARDWALK REAL ESTATE INV                     | BOARDWALK REAL ESTATE INV                     | CUSIP: 096631106<br>LEI: 549300RMNRTTJRCOYW23 | Long             | EC               | CORP              | CA        |      8382 | NS      | $379301.92    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| EXTRA SPACE STORAGE INC                       | EXTRA SPACE STORAGE INC                       | CUSIP: 30225T102<br>LEI: 529900SDJHKRQWED6A16 | Long             | EC               | CORP              | US        |     70966 | NS      | $9305771.58   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGITAL REALTY TST. INC                       | DIGITAL REALTY TST. INC                       | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |    115060 | NS      | $20734962.60  | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITY LIFESTYLE PROPS. I                     | EQUITY LIFESTYLE PROPS. I                     | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |     61762 | NS      | $3855184.04   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| SHAFTESBURY CAPITAL PLC O                     | SHAFTESBURY CAPITAL PLC O                     | CUSIP: G19406100<br>LEI: 549300TTXXZ1SHUI0D54 | Long             | EC               | CORP              | GB        |    483001 | NS      | $819362.59    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| SUNWAY REAL ESTATE INV. T                     | SUNWAY REAL ESTATE INV. T                     | CUSIP: Y83099104<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    577900 | NS      | $330564.23    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| SUNAC CHINA HLDGS. LTD                        | SUNAC CHINA HLDGS. LTD                        | CUSIP: G8569A106<br>LEI: 549300OLARYHDXP3WK18 | Long             | EC               | CORP              | HK        |   3027000 | NS      | $411414.98    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| ALDAR PROPERTIES PJSC                         | ALDAR PROPERTIES PJSC                         | CUSIP: M0517N101<br>LEI: 98450048CD8AEF13B480 | Long             | EC               | CORP              | AE        |   1292049 | NS      | $2766410.97   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| WORKSPACE GRP. PLC                            | WORKSPACE GRP. PLC                            | CUSIP: G5595E136<br>LEI: 2138003GUZRFIN3UT430 | Long             | EC               | CORP              | GB        |     47659 | NS      | $217341.31    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| COMFORIA RESIDENTIAL REIT                     | COMFORIA RESIDENTIAL REIT                     | CUSIP: J0816Z106<br>LEI: 353800BJ2SV3UPG9JU05 | Long             | EC               | CORP              | JP        |       684 | NS      | $467618.75    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| COFINIMMO SA                                  | COFINIMMO SA                                  | CUSIP: B25654136<br>LEI: 549300TM914CSF6KI389 | Long             | EC               | CORP              | BE        |      2615 | NS      | $246894.90    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| HUFVUDSTADEN AB                               | HUFVUDSTADEN AB                               | CUSIP: W30061126<br>LEI: 213800UEV5ZAFFVQ4J85 | Long             | EC               | CORP              | SE        |     36121 | NS      | $458659.59    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| PROLOGIS INC                                  | PROLOGIS INC                                  | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |    311418 | NS      | $41163231.24  | 6.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CUBESMART                                     | CUBESMART                                     | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76602 | NS      | $2807463.30   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTRAL PATTANA PCL                           | CENTRAL PATTANA PCL                           | CUSIP: Y1242U276<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |    581626 | NS      | $1097823.48   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| SUPALAI PCL                                   | SUPALAI PCL                                   | CUSIP: Y8309K174<br>LEI: 9845000F0E39B2C16696 | Long             | EC               | CORP              | TH        |     78600 | NS      | $39188.57     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| SANSIRI PCL                                   | SANSIRI PCL                                   | CUSIP: Y7511B121<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |   4424866 | NS      | $184796.82    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| RUENTEX DEV. CO LTD                           | RUENTEX DEV. CO LTD                           | CUSIP: Y73659123<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    516955 | NS      | $405953.73    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| AP THAILAND PCL                               | AP THAILAND PCL                               | CUSIP: Y0209X125<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |    372504 | NS      | $95899.19     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| MORI TRUST                                    | MORI TRUST                                    | CUSIP: J4664Q101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       906 | NS      | $409055.22    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| FRONTIER REAL ESTATE INV.                     | FRONTIER REAL ESTATE INV.                     | CUSIP: J1516D106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       802 | NS      | $428156.35    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| JAPAN LOGISTICS INC                           | JAPAN LOGISTICS INC                           | CUSIP: J2785A104<br>LEI: 3538004KZWISCQO70151 | Long             | EC               | CORP              | JP        |       847 | NS      | $511471.43    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| KDX REALTY INV. CORP                          | KDX REALTY INV. CORP                          | CUSIP: J32922106<br>LEI: 353800FFT483NCIHFY42 | Long             | EC               | CORP              | JP        |      1363 | NS      | $1384771.17   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| SUN FRONTIER FUDOUSAN CO                      | SUN FRONTIER FUDOUSAN CO                      | CUSIP: J7808L102<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      9700 | NS      | $162777.36    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| HEIWA REAL ESTATE REIT IN                     | HEIWA REAL ESTATE REIT IN                     | CUSIP: J1927C101<br>LEI: 3538003GH25628YW4R98 | Long             | EC               | CORP              | JP        |       384 | NS      | $347390.95    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| ICHIGO OFFICE REIT INV. C                     | ICHIGO OFFICE REIT INV. C                     | CUSIP: J2382Z106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       324 | NS      | $188858.44    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| DAIWA HOUSE REIT INV. COR                     | DAIWA HOUSE REIT INV. COR                     | CUSIP: J1236F118<br>LEI: 3538001FWU534P8JMO05 | Long             | EC               | CORP              | JP        |      1445 | NS      | $1140611.46   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| FRASERS CENTREPOINT TRUST                     | FRASERS CENTREPOINT TRUST                     | CUSIP: Y2642S101<br>LEI: 5493002RGQ266FKERZ83 | Long             | EC               | CORP              | SG        |    432309 | NS      | $735525.57    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| JAPAN HOTEL REIT INV. COR                     | JAPAN HOTEL REIT INV. COR                     | CUSIP: J2761Q107<br>LEI: 353800L8KG849FP1JI68 | Long             | EC               | CORP              | JP        |      1978 | NS      | $935570.53    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| NOMURA REAL ESTATE HOLDIN                     | NOMURA REAL ESTATE HOLDIN                     | CUSIP: J5893B104<br>LEI: 353800UZ91CT24OL9P59 | Long             | EC               | CORP              | JP        |    187000 | NS      | $1203416.68   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| CAPITALAND CHINA TRUST                        | CAPITALAND CHINA TRUST                        | CUSIP: Y1092E109<br>LEI: 5493007T7JU82E186P49 | Long             | EC               | CORP              | SG        |    425827 | NS      | $212458.37    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| FARGLORY LAND DEV. CO LTD                     | FARGLORY LAND DEV. CO LTD                     | CUSIP: Y2642L106<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     85462 | NS      | $190261.26    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| GPT GROUP/THE                                 | GPT GROUP/THE                                 | CUSIP: Q4252X155<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    639960 | NS      | $2009300.95   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| MAINSTREET EQUITY COM NPV                     | MAINSTREET EQUITY COM NPV                     | CUSIP: 560915100<br>LEI: 984500FB1BA3F6U3DB35 | Long             | EC               | CORP              | CA        |      1543 | NS      | $194940.87    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR INC                                       | UDR INC                                       | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |    104611 | NS      | $3533759.58   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| KINDOM DEV. CO LTD                            | KINDOM DEV. CO LTD                            | CUSIP: Y4792R107<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    120190 | NS      | $120482.79    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SUNTEC REAL ESTATE INV. T                     | SUNTEC REAL ESTATE INV. T                     | CUSIP: Y82954101<br>LEI: 549300C46QFXSI2F4K13 | Long             | EC               | CORP              | SG        |    625491 | NS      | $713972.65    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| MITSUBISHI ESTATE CO LTD                      | MITSUBISHI ESTATE CO LTD                      | CUSIP: J43916113<br>LEI: 353800KOFMRGOXSJ5Z65 | Long             | EC               | CORP              | JP        |    356980 | NS      | $9878113.15   | 1.44%             |  |  |  | No            |                  2 | On Loan: No      |
| ROBINSONS LAND CORP                           | ROBINSONS LAND CORP                           | CUSIP: Y73196126<br>LEI: 254900BUUS5N9MUSIS52 | Long             | EC               | CORP              | PH        |    459896 | NS      | $132692.39    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| MAH SING GRP. BHD                             | MAH SING GRP. BHD                             | CUSIP: Y5418R108<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    411200 | NS      | $102833.92    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GOODMAN PROP. TRUST                           | GOODMAN PROP. TRUST                           | CUSIP: Q4232A119<br>LEI: N/A                  | Long             | EC               | CORP              | NZ        |    370657 | NS      | $403631.32    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| GROWTHPOINT PROPS. AUSTRA                     | GROWTHPOINT PROPS. AUSTRA                     | CUSIP: Q4359J133<br>LEI: 529900VCPJ9IEDF4TJ03 | Long             | EC               | CORP              | AU        |     79647 | NS      | $116285.96    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| GOODMAN GROUP                                 | GOODMAN GROUP                                 | CUSIP: Q4229W132<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    684157 | NS      | $12179323.69  | 1.78%             |  |  |  | No            |                  2 | On Loan: No      |
| HULIC CO LTD                                  | HULIC CO LTD                                  | CUSIP: J23594112<br>LEI: 3538002E12E7IHAKTB10 | Long             | EC               | CORP              | JP        |    153740 | NS      | $1789698.86   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| SINO LAND CO LTD                              | SINO LAND CO LTD                              | CUSIP: Y80267126<br>LEI: 529900G5P51053HJVZ92 | Long             | EC               | CORP              | HK        |   1238258 | NS      | $1845169.57   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| SM PRIME HLDGS. INC                           | SM PRIME HLDGS. INC                           | CUSIP: Y8076N112<br>LEI: 254900SZK83MIAB8CU32 | Long             | EC               | CORP              | PH        |   3318553 | NS      | $1121820.46   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| CAPITALAND INDIA                              | CAPITALAND INDIA                              | CUSIP: Y0259C104<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |    319055 | NS      | $253157.88    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SUN HUNG KAI PROPS. LTD                       | SUN HUNG KAI PROPS. LTD                       | CUSIP: Y82594121<br>LEI: 529900LUMD393RD3S874 | Long             | EC               | CORP              | HK        |    486425 | NS      | $8244372.19   | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| CHINA JINMAO HLDGS. GRP.                      | CHINA JINMAO HLDGS. GRP.                      | CUSIP: Y1500V107<br>LEI: 3003000CW9WBO3PJ7R66 | Long             | EC               | CORP              | HK        |   1826042 | NS      | $303784.89    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| PARKWAY LIFE REAL ESTATE                      | PARKWAY LIFE REAL ESTATE                      | CUSIP: Y67202104<br>LEI: 549300I4DKVD2OF5LW91 | Long             | EC               | CORP              | SG        |    156400 | NS      | $487875.55    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| LONGFOR GRP. HLDGS. LTD                       | LONGFOR GRP. HLDGS. LTD                       | CUSIP: G5635P109<br>LEI: 254900UJX27B2F1JYR13 | Long             | EC               | CORP              | HK        |    711071 | NS      | $701147.80    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| COMMERCIAL REAL ESTATE CO                     | COMMERCIAL REAL ESTATE CO                     | CUSIP: M25735115<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |    557646 | NS      | $325284.78    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| SL GREEN RLTY CORP COM PA                     | SL GREEN RLTY CORP COM PA                     | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               | CORP              | US        |     23905 | NS      | $883050.70    | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| POLY DEVS. AND HLDGS. GRP                     | POLY DEVS. AND HLDGS. GRP                     | CUSIP: Y7000Q100<br>LEI: 300300W9OF1ZRGUDVU96 | Long             | EC               | CORP              | CN        |    252000 | NS      | $213629.85    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| SELLA CAP. REAL ESTATE LT                     | SELLA CAP. REAL ESTATE LT                     | CUSIP: M8274U101<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     82780 | NS      | $266873.56    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| DOUGLAS EMMETT INC                            | DOUGLAS EMMETT INC                            | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     57636 | NS      | $542931.12    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PIEDMONT REALTY TRUST INC                     | PIEDMONT REALTY TRUST INC                     | CUSIP: 720190206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41571 | NS      | $273121.47    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TORUNLAR GAYRIMENKUL YATI                     | TORUNLAR GAYRIMENKUL YATI                     | CUSIP: M8820E106<br>LEI: 789000AZI3NB7PA5A670 | Long             | EC               | CORP              | TR        |     72904 | NS      | $141686.60    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| BLUE SQUARE REAL ESTATE L                     | BLUE SQUARE REAL ESTATE L                     | CUSIP: M20259103<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      1818 | NS      | $225285.52    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ACTIVIA PROPS. INC                            | ACTIVIA PROPS. INC                            | CUSIP: J00089102<br>LEI: 353800RPGYN3ML8CXV54 | Long             | EC               | CORP              | JP        |       694 | NS      | $614942.81    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| FAR EAST HOSPITALITY TRUS                     | FAR EAST HOSPITALITY TRUS                     | CUSIP: Y24258108<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |    338203 | NS      | $147968.80    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| FRASERS LOGISTICS & COMME                     | FRASERS LOGISTICS & COMME                     | CUSIP: Y26465107<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |    964346 | NS      | $673790.85    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| SASSEUR REAL ESTATE INV.                      | SASSEUR REAL ESTATE INV.                      | CUSIP: Y7541M105<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |    213400 | NS      | $105579.61    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDCREST CO LTD                              | GOLDCREST CO LTD                              | CUSIP: J17451105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      5600 | NS      | $118472.13    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| MIRVAC GROUP                                  | MIRVAC GROUP                                  | CUSIP: Q62377108<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |   1314853 | NS      | $1621019.37   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| BWP PROP. GRP. LTD                            | BWP PROP. GRP. LTD                            | CUSIP: Q1921Q132<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    201955 | NS      | $520094.63    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| HANG LUNG PROPERTIES (HLP                     | HANG LUNG PROPERTIES (HLP                     | CUSIP: Y30166105<br>LEI: 529900CIVTNMXQT59E61 | Long             | EC               | CORP              | HK        |    610674 | NS      | $686070.73    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| LEOPALACE21 CORP                              | LEOPALACE21 CORP                              | CUSIP: J38781100<br>LEI: 529900Z3BHJUW1DY6254 | Long             | EC               | CORP              | JP        |     70400 | NS      | $286389.25    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| NIPPON BLDG. INC                              | NIPPON BLDG. INC                              | CUSIP: J52088101<br>LEI: 52990053R8NL2MB32172 | Long             | EC               | CORP              | JP        |      2584 | NS      | $2168916.94   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| JAPAN REAL ESTATE INV. CO                     | JAPAN REAL ESTATE INV. CO                     | CUSIP: J27523109<br>LEI: 3538003YAIR3CBGJJ928 | Long             | EC               | CORP              | JP        |      2118 | NS      | $1560021.59   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| AYALA LAND INC                                | AYALA LAND INC                                | CUSIP: Y0488F100<br>LEI: 254900EWT10TQ6DKTV34 | Long             | EC               | CORP              | PH        |   2107181 | NS      | $562040.63    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| CAPITALAND INTEGRATED COM                     | CAPITALAND INTEGRATED COM                     | CUSIP: Y0259J109<br>LEI: 54930031292WUTXF0L29 | Long             | EC               | CORP              | SG        |   2041914 | NS      | $3667248.00   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| JAPAN METROPOLITAN INVEST                     | JAPAN METROPOLITAN INVEST                     | CUSIP: J27544105<br>LEI: 353800QDHNIP60E1LQ93 | Long             | EC               | CORP              | JP        |      2382 | NS      | $1676875.62   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| NTT UD REIT INV. CORP                         | NTT UD REIT INV. CORP                         | CUSIP: J7446X104<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       487 | NS      | $426266.80    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| LAND & HOUSES PCL                             | LAND & HOUSES PCL                             | CUSIP: Y5172C164<br>LEI: 529900O7AEACUWP7KS87 | Long             | EC               | CORP              | TH        |   2565100 | NS      | $295072.83    | 0.04%             |  |  |  | No            |                  2 | On Loan: —       |
| ORIX JREIT INC                                | ORIX JREIT INC                                | CUSIP: J8996L102<br>LEI: 353800WVNTBIU65TA247 | Long             | EC               | CORP              | JP        |      1736 | NS      | $1059756.08   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| TOKYU REIT INC                                | TOKYU REIT INC                                | CUSIP: J88914106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       274 | NS      | $341455.35    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| SUPALAI PCL                                   | SUPALAI PCL                                   | CUSIP: Y8309K190<br>LEI: 9845000F0E39B2C16696 | Long             | EC               | CORP              | TH        |    280445 | NS      | $138606.84    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED URBAN INV. CORP                        | UNITED URBAN INV. CORP                        | CUSIP: J9427E105<br>LEI: 353800GYZWBD7BDCN841 | Long             | EC               | CORP              | JP        |      1026 | NS      | $1107039.94   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| AXIS REAL ESTATE INV. TRU                     | AXIS REAL ESTATE INV. TRU                     | CUSIP: Y05193100<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    529362 | NS      | $251458.82    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| ADITYA BIRLA REAL EST LTD                     | ADITYA BIRLA REAL EST LTD                     | CUSIP: Y12504125<br>LEI: 3358002623R2H9GZNE81 | Long             | EC               | CORP              | IN        |     17630 | NS      | $210561.23    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| FUKUOKA REIT CORP                             | FUKUOKA REIT CORP                             | CUSIP: J17128109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       224 | NS      | $241179.41    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| KEPPEL REIT                                   | KEPPEL REIT                                   | CUSIP: Y4740G104<br>LEI: 549300ZD5HZLQCF55J25 | Long             | EC               | CORP              | SG        |   1092120 | NS      | $758440.01    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| MEGAWORLD CORP                                | MEGAWORLD CORP                                | CUSIP: Y59481112<br>LEI: 254900P57OOZ5AY5C521 | Long             | EC               | CORP              | PH        |   3048001 | NS      | $105437.59    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| DAIWA SECS. LIVING INVS.                      | DAIWA SECS. LIVING INVS.                      | CUSIP: J1R49P106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       698 | NS      | $469208.54    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| JAPAN EXCELLENT INC                           | JAPAN EXCELLENT INC                           | CUSIP: J2739K109<br>LEI: 35380015J62221TE0D86 | Long             | EC               | CORP              | JP        |       371 | NS      | $334393.96    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| CENTRAL PATTANA PCL                           | CENTRAL PATTANA PCL                           | CUSIP: Y1242U128<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |     84098 | NS      | $161522.85    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SHUI ON LAND LTD                              | SHUI ON LAND LTD                              | CUSIP: G81151113<br>LEI: 5299008W71Y7DHTU7753 | Long             | EC               | CORP              | HK        |   1178777 | NS      | $76884.58     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CHINA RES. LAND LTD                           | CHINA RES. LAND LTD                           | CUSIP: G2108Y105<br>LEI: 5299001HL0TU7X15HK51 | Long             | EC               | CORP              | HK        |   1080898 | NS      | $4044621.00   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| CITY DEVS. LTD                                | CITY DEVS. LTD                                | CUSIP: V23130111<br>LEI: 254900BPLPJS0RJ72373 | Long             | EC               | CORP              | SG        |    170000 | NS      | $1095400.33   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| POLY PROP. GRP. CO LTD                        | POLY PROP. GRP. CO LTD                        | CUSIP: Y7064G105<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    711000 | NS      | $158798.02    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| HANG LUNG GRP. LTD                            | HANG LUNG GRP. LTD                            | CUSIP: Y30148111<br>LEI: 529900V2T2EPOQYH0981 | Long             | EC               | CORP              | HK        |    277000 | NS      | $527560.98    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| MIVNE REAL ESTATE KD LTD                      | MIVNE REAL ESTATE KD LTD                      | CUSIP: M5514Q106<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |    193408 | NS      | $802402.53    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| HYSAN DEV. CO LTD                             | HYSAN DEV. CO LTD                             | CUSIP: Y38203124<br>LEI: 5299007BABFLKIH9HL03 | Long             | EC               | CORP              | HK        |    202045 | NS      | $491963.87    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| KEIHANSHIN BLDG. CO LTD                       | KEIHANSHIN BLDG. CO LTD                       | CUSIP: J31976103<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     11200 | NS      | $137824.52    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS. CO                      | COUNTRY GARDEN HLDGS. CO                      | CUSIP: G24524103<br>LEI: 549300MGHLPT1EFHGF84 | Long             | EC               | CORP              | HK        |   5547000 | NS      | $229316.96    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| JADWA REIT SAUDI FUND                         | JADWA REIT SAUDI FUND                         | CUSIP: M61444101<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |     61529 | NS      | $184205.75    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| INMOBILIARIA COLONIAL SOC                     | INMOBILIARIA COLONIAL SOC                     | CUSIP: E6451E105<br>LEI: 95980020140005007414 | Long             | EC               | CORP              | ES        |     91656 | NS      | $544054.07    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| PRASHKOVSKY INVS. AND CON                     | PRASHKOVSKY INVS. AND CON                     | CUSIP: M41416104<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      2607 | NS      | $121701.63    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| TARGET HEALTHCARE REIT PL                     | TARGET HEALTHCARE REIT PL                     | CUSIP: G8672Z105<br>LEI: 213800RXPY9WULUSBC04 | Long             | EC               | CORP              | GB        |    213683 | NS      | $284786.33    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - AUD                       | CURRENCY CONTRACT - AUD                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |   -164676 | NC      | $-4930.36     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - HKD                       | CURRENCY CONTRACT - HKD                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |   -617006 | NC      | $-1290.18     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - INR                       | CURRENCY CONTRACT - INR                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |   -237505 | NC      | $-4870.94     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - SEK                       | CURRENCY CONTRACT - SEK                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |    -27567 | NC      | $-517.45      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - SGD                       | CURRENCY CONTRACT - SGD                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |    -54423 | NC      | $-640.15      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - TWD                       | CURRENCY CONTRACT - TWD                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |    -64608 | NC      | $-480.24      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - USD                       | CURRENCY CONTRACT - USD                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |   -530000 | NC      | $1377.03      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - USD                       | CURRENCY CONTRACT - USD                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |  -1550000 | NC      | $426.92       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - USD                       | CURRENCY CONTRACT - USD                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        | -57020000 | NC      | $-38.46       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - USD                       | CURRENCY CONTRACT - USD                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |   -205000 | NC      | $-27.04       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - USD                       | CURRENCY CONTRACT - USD                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        | -13475000 | NC      | $173.09       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - USD                       | CURRENCY CONTRACT - USD                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |   -479477 | NC      | $13823.82     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - USD                       | CURRENCY CONTRACT - USD                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |   -614501 | NC      | $9448.55      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - USD                       | CURRENCY CONTRACT - USD                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |  -1561107 | NC      | $-71.85       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - USD                       | CURRENCY CONTRACT - USD                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        | -63083298 | NC      | $87.15        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - USD                       | CURRENCY CONTRACT - USD                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |   -860000 | NC      | $80.17        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - USD                       | CURRENCY CONTRACT - USD                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |   -360881 | NC      | $6049.01      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Northern Institutional Liquid Asset Portfolio | Northern Institutional Liquid Asset Portfolio | CUSIP: 665279105<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |   6686984 | NS      | $6686984.15   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE                                           | FUT. ICUS MSCI EAF JUN26                      | CUSIP: 02052FAB5<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |        38 | NC      | $5512090.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| IMM                                           | FUT. IMMEMINI MDCP JUN26                      | CUSIP: 02052FAB5<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |        13 | NC      | $4415450.00   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| MONTREAL                                      | FUT. ME S&P CAN JUN26                         | CUSIP: 02052FAB5<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |         7 | NC      | $1920005.75   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** Northern Funds

**Signature:** Randal E. Rein

**Name of Signer:** Randal E. Rein

**Title:** Treasurer and Principal Financial Officer