# EDGAR Filing Document

**Accession Number:** 0000933691
**File Stem:** 0001145549-23-013457
**Filing Date:** 2023-2
**Character Count:** 102848
**Document Hash:** 212e9b64e1482b45fbba38ed301f1691
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-013457.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001145549-23-013457

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JNL SERIES TRUST
- **CENTRAL INDEX KEY:** 0000933691
- **IRS NUMBER:** 381659835
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08894
- **FILM NUMBER:** 23683179

**BUSINESS ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951
- **BUSINESS PHONE:** (517) 367-4336

**MAIL ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951

## Series and Classes Contracts Data

### JNL Multi-Manager International Small Cap Fund (Series ID: S000062460)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000202637 | JNL Multi-Manager International Small Cap Fund (A) |  |
| C000202638 | JNL Multi-Manager International Small Cap Fund (I) |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** JNL Series Trust

- **b. Investment Company Act file number:** 811-8894

- **c. CIK number of Registrant:** 0000933691

- **d. LEI of Registrant:** 549300T5WIPN6IWM0D45

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

  - **Street Address 1:** 1 Corporate Way

  - **City:** Lansing

  - **State:** MI

  - **Foreign country:** US

  - **Zip / Postal Code:** 48951

  - **Telephone number:** 517-367-4336

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

- **a. Name of Series:** JNL Multi-Manager International Small Cap Fund

- **b. EDGAR series identifier (if any):** S000062460

- **c. LEI of Series:** 549300F7KV62SRFU6151

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $598073700.35

**Total Liabilities:** $7150695.26

**Net Assets:** $590923005.09

**Cash Not Reported:** $1084668.44

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000202637 | 4.07%                | 12.32%               | -2.32%               |
| Class ID C000202638 | 4.02%                | 12.39%               | -2.36%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-7794401.52             | $30267904.17                               |
| Month 2  | $-7114943.58             | $74599175.63                               |
| Month 3  | $-3804394.95             | $-11684355.56                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Jackson National Asset Management, LLC                   | JNL Securities Lending Collateral Fund                   | CUSIP: 46628D411<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   5506376 | NS      | $5506375.83   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown Brothers Harriman & Co.                            | UNITED STATES DOLLAR                                     | CUSIP: N/A<br>LEI: 5493006KMX1VFTPYPW14       | N/A              | DFE              | CORP              | US        |    107796 | PA      | $-303.91      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PT. Perusahaan Gas Negara Tbk                            | PT. Perusahaan Gas Negara Tbk                            | CUSIP: N/A<br>LEI: 549300OX1VFDX7ZPN240       | Long             | EC               | CORP              | ID        |   9799100 | NS      | $1111143.35   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| HUB24 Limited                                            | HUB24 Limited                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    202807 | NS      | $3662131.45   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Rakus Co., Ltd.                                          | Rakus Co., Ltd.                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    208900 | NS      | $2532975.23   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Thule Group AB                                           | Thule Group AB                                           | CUSIP: N/A<br>LEI: 549300XHHOGBOERKU333       | Long             | EC               | CORP              | SE        |     82555 | NS      | $1730340.95   | 0.29%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Lovisa Holdings Limited                                  | Lovisa Holdings Limited                                  | CUSIP: N/A<br>LEI: 549300R4Y8GURIO5MN11       | Long             | EC               | CORP              | AU        |    182268 | NS      | $2870441.41   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Macnica Fuji Electronics Holdings, Inc.                  | Macnica Fuji Electronics Holdings, Inc.                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     47400 | NS      | $1122378.61   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| JNL Government Money Market Fund                         | JNL Government Money Market Fund                         | CUSIP: 46628D437<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   6259469 | NS      | $6259469.06   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Supreme Electronics Co., Ltd.                            | Supreme Electronics Co., Ltd.                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    681000 | NS      | $794173.65    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Sankyo Co., Ltd.                                         | Sankyo Co., Ltd.                                         | CUSIP: N/A<br>LEI: 3538009H2R9ZBZAOAK48       | Long             | EC               | CORP              | JP        |     74700 | NS      | $3047480.35   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| SHIMAMURA Co., Ltd.                                      | SHIMAMURA Co., Ltd.                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     53300 | NS      | $5309660.35   | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Global Unichip Corp.                                     | Global Unichip Corp.                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    275000 | NS      | $5711979.87   | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Artis Real Estate Investment Trust                       | Artis Real Estate Investment Trust                       | CUSIP: 04315L105<br>LEI: 549300OG2O5VI2N1XS44 | Long             | EC               | CORP              | CA        |    227800 | NS      | $1515862.63   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| COLOPL, Inc.                                             | COLOPL, Inc.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    277000 | NS      | $1314456.02   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| JB Financial Group Co., Ltd.                             | JB Financial Group Co., Ltd.                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    151756 | NS      | $949377.87    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| KH Neochem Co., Ltd.                                     | KH Neochem Co., Ltd.                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     70900 | NS      | $1435629.67   | 0.24%             |  |  |  | No            |                  2 | On Loan: —       |
| CI&T Inc                                                 | CI&T Inc                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |    253240 | NS      | $1646060.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Crescent Point Energy Corp.                              | Crescent Point Energy Corp.                              | CUSIP: 22576C101<br>LEI: 549300FTKUHZK8OC7N74 | Long             | EC               | CORP              | CA        |    158973 | NS      | $1134179.60   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| OCI N.V.                                                 | OCI N.V.                                                 | CUSIP: N/A<br>LEI: 549300NCMRGIBJYUOE57       | Long             | EC               | CORP              | NL        |     95632 | NS      | $3427861.07   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| TechnoPro Holdings, Inc.                                 | TechnoPro Holdings, Inc.                                 | CUSIP: N/A<br>LEI: 3538001DJ8I5PJQNHU53       | Long             | EC               | CORP              | JP        |     90700 | NS      | $2403696.29   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Maytronics Ltd.                                          | Maytronics Ltd.                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |    415672 | NS      | $4139459.76   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Kobe Bussan Co., Ltd.                                    | Kobe Bussan Co., Ltd.                                    | CUSIP: N/A<br>LEI: 353800CJIFNHN2DXRD59       | Long             | EC               | CORP              | JP        |     95400 | NS      | $2751367.39   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| AP (Thailand) Public Company Limited                     | AP (Thailand) Public Company Limited                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TH        |   5257600 | NS      | $1763027.13   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| MPC Container Ships ASA                                  | MPC Container Ships ASA                                  | CUSIP: N/A<br>LEI: 213800MXS7CXYJ2Q1805       | Long             | EC               | CORP              | NO        |    963401 | NS      | $1606069.46   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Scout24 SE                                               | Scout24 SE                                               | CUSIP: N/A<br>LEI: 5493007EIKM2ENQS7U66       | Long             | EC               | CORP              | DE        |     55053 | NS      | $2774871.17   | 0.47%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Storytel AB (publ)                                       | Storytel AB (publ)                                       | CUSIP: N/A<br>LEI: 549300I1FSPPI9HHU419       | Long             | EC               | CORP              | SE        |     63413 | NS      | $269628.51    | 0.05%             |  |  |  | No            |                  2 | On Loan: —       |
| Tokyo Tatemono Co., Ltd.                                 | Tokyo Tatemono Co., Ltd.                                 | CUSIP: N/A<br>LEI: 529900RQA4JTW1869J86       | Long             | EC               | CORP              | JP        |    152500 | NS      | $1845110.27   | 0.31%             |  |  |  | No            |                  2 | On Loan: —       |
| Tokyo Steel Manufacturing Co., Ltd.                      | Tokyo Steel Manufacturing Co., Ltd.                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    162100 | NS      | $1465678.63   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| ALK-Abello A/S                                           | ALK-Abello A/S                                           | CUSIP: N/A<br>LEI: 529900SGCREUZCZ7P020       | Long             | EC               | CORP              | DK        |    295098 | NS      | $4085846.92   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Eurizon Opportunita                                      | Eurizon Opportunita                                      | CUSIP: N/A<br>LEI: 5967007LIEEXZXGA8G28       | Long             | EC               | CORP              | NO        |    152689 | NS      | $1072778.20   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| The Yokohama Rubber Co., Ltd.                            | The Yokohama Rubber Co., Ltd.                            | CUSIP: N/A<br>LEI: 52990036XNWY2FMYWB76       | Long             | EC               | CORP              | JP        |     54700 | NS      | $846432.04    | 0.14%             |  |  |  | No            |                  2 | On Loan: —       |
| Optex Group Co., Ltd.                                    | Optex Group Co., Ltd.                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    100200 | NS      | $1356853.15   | 0.23%             |  |  |  | No            |                  2 | On Loan: —       |
| New Hope Corporation Limited                             | New Hope Corporation Limited                             | CUSIP: N/A<br>LEI: 254900DHRUGXZSLSNZ83       | Long             | EC               | CORP              | AU        |    676685 | NS      | $2954310.31   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Flexium Interconnect, Inc.                               | Flexium Interconnect, Inc.                               | CUSIP: N/A<br>LEI: 213800WXE6VMVZICKA40       | Long             | EC               | CORP              | TW        |    506000 | NS      | $1614629.03   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Alfresa Holdings Corporation                             | Alfresa Holdings Corporation                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    172100 | NS      | $2186802.50   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Ariston Holding N.V.                                     | Ariston Holding N.V.                                     | CUSIP: N/A<br>LEI: 724500EC1Q5RGPQ64587       | Long             | EC               | CORP              | NL        |    289699 | NS      | $2993983.14   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Syngene International Ltd.                               | Syngene International Ltd.                               | CUSIP: N/A<br>LEI: 335800FFAWRC77Z2EY68       | Long             | EC               | CORP              | IN        |    287165 | NS      | $2033134.97   | 0.34%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Cellectis                                                | Cellectis                                                | CUSIP: 15117K103<br>LEI: 5493000KKX5VQ37Q2W83 | Long             | EC               | CORP              | FR        |     98900 | NS      | $207690.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Controladora Vuela Compania de Aviacion, S.A.B. de C.V.  | Controladora Vuela Compania de Aviacion, S.A.B. de C.V.  | CUSIP: 21240E105<br>LEI: 549300G8NLCMP9Z44X52 | Long             | EC               | CORP              | MX        |    355646 | NS      | $2973200.56   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Companhia Paranaense De Energia                          | Companhia Paranaense De Energia                          | CUSIP: N/A<br>LEI: 2549001AS1I9A71VG663       | Long             | EP               | CORP              | BR        |   2011740 | NS      | $3013942.59   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Endava PLC                                               | Endava PLC                                               | CUSIP: 29260V105<br>LEI: 213800JJ6CRPCWCQVZ25 | Long             | EC               | CORP              | GB        |     41869 | NS      | $3202978.50   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| FinVolution Group                                        | FinVolution Group                                        | CUSIP: 31810T101<br>LEI: 3003000RAVUT809U6P08 | Long             | EC               | CORP              | KY        |    810317 | NS      | $4019172.32   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Headhunter Group PLC                                     | Headhunter Group PLC                                     | CUSIP: 42207L106<br>LEI: 549300IMUCFEWXP6RU11 | Long             | EC               | CORP              | CY        |     43982 | NS      | $0.04         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Outokumpu Oyj                                            | Outokumpu Oyj                                            | CUSIP: N/A<br>LEI: 5493009YRUJJDCFF0R80       | Long             | EC               | CORP              | FI        |    402851 | NS      | $2049297.93   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Puma SE                                                  | Puma SE                                                  | CUSIP: N/A<br>LEI: 529900GRZ2BQY5ZM9N49       | Long             | EC               | CORP              | DE        |     86125 | NS      | $5254703.75   | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Golden Agri-Resources Ltd.                               | Golden Agri-Resources Ltd.                               | CUSIP: N/A<br>LEI: 529900GAK9LTNC3IFY40       | Long             | EC               | CORP              | SG        |   5758900 | NS      | $1076360.51   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Cian PLC                                                 | Cian PLC                                                 | CUSIP: 83418T108<br>LEI: 549300GFR1SDAPWD1E97 | Long             | EC               | CORP              | CY        |    266843 | NS      | $0.27         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Turk Hava Yollari A.O.                                   | Turk Hava Yollari A.O.                                   | CUSIP: N/A<br>LEI: 789000EV8M3BL7ZPFB03       | Long             | EC               | CORP              | TR        |    259047 | NS      | $1959379.69   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Turk Traktor                                             | Turk Traktor                                             | CUSIP: N/A<br>LEI: 7890002G98SY237S0Y70       | Long             | EC               | CORP              | TR        |     64405 | NS      | $2283831.11   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Eckert & Ziegler Strahlen- Und Medizintechnik Ag         | Eckert & Ziegler Strahlen- Und Medizintechnik Ag         | CUSIP: N/A<br>LEI: 391200EUDABLUKXCKG48       | Long             | EC               | CORP              | DE        |     60426 | NS      | $3012425.10   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Wustenrot & Wurttembergische AG                          | Wustenrot & Wurttembergische AG                          | CUSIP: N/A<br>LEI: 5299003H07ZT0Z5ZNN35       | Long             | EC               | CORP              | DE        |     52034 | NS      | $861162.87    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Motor Oil (Hellas) Corinth Refineries S.A.               | Motor Oil (Hellas) Corinth Refineries S.A.               | CUSIP: N/A<br>LEI: 213800U3Y9UL7Y4QVM11       | Long             | EC               | CORP              | GR        |     45856 | NS      | $1070430.83   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| GrainCorp Limited                                        | GrainCorp Limited                                        | CUSIP: N/A<br>LEI: 529900XVBL825SSW9081       | Long             | EC               | CORP              | AU        |    514124 | NS      | $2599436.81   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| MegaChips Corporation                                    | MegaChips Corporation                                    | CUSIP: N/A<br>LEI: 529900CHDZ5G02UMD829       | Long             | EC               | CORP              | JP        |    169300 | NS      | $3132058.49   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Gulliver International Co., Ltd.                         | Gulliver International Co., Ltd.                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    147000 | NS      | $736996.92    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Austal Limited                                           | Austal Limited                                           | CUSIP: N/A<br>LEI: 254900DJEFGICBICBU73       | Long             | EC               | CORP              | AU        |    443647 | NS      | $627668.05    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| National Aluminium Co Ltd                                | National Aluminium Co Ltd                                | CUSIP: N/A<br>LEI: 335800OM1V78CX7SSC72       | Long             | EC               | CORP              | IN        |   4209382 | NS      | $4101138.25   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Petroleum Exploration Co., Ltd.                    | Japan Petroleum Exploration Co., Ltd.                    | CUSIP: N/A<br>LEI: 549300WXUNBZ356DMN17       | Long             | EC               | CORP              | JP        |     60300 | NS      | $1776910.45   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| SSAB AB                                                  | SSAB AB                                                  | CUSIP: N/A<br>LEI: 529900329VS14ZIML164       | Long             | EC               | CORP              | SE        |    953262 | NS      | $4979191.49   | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Netwealth Group Limited                                  | Netwealth Group Limited                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    241102 | NS      | $1983399.29   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Perenti Limited                                          | Perenti Limited                                          | CUSIP: N/A<br>LEI: 25490044GUNE4S2E6K11       | Long             | EC               | CORP              | AU        |   1330096 | NS      | $1188760.53   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Vulcan Energy Resources Limited                          | Vulcan Energy Resources Limited                          | CUSIP: N/A<br>LEI: 8945006OYFHQ9HE4XE54       | Long             | EC               | CORP              | AU        |     86982 | NS      | $376148.74    | 0.06%             |  |  |  | No            |                  2 | On Loan: —       |
| AUTO1 Group SE                                           | AUTO1 Group SE                                           | CUSIP: N/A<br>LEI: 391200S2LPXG5ZD5G304       | Long             | EC               | CORP              | DE        |    130404 | NS      | $1091868.53   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Wistron NeWeb Corporation                                | Wistron NeWeb Corporation                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    234000 | NS      | $597930.29    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Vanguard FTSE All-World ex-US Small-Cap Index ETF        | Vanguard FTSE All-World ex-US Small-Cap Index ETF        | CUSIP: 922042718<br>LEI: 549300UR5XWDVDO7NP96 | Long             | EC               | RF                | US        |       398 | NS      | $40918.38     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| GungHo Online Entertainment, Inc.                        | GungHo Online Entertainment, Inc.                        | CUSIP: N/A<br>LEI: 529900TH7FB4RV6F5S47       | Long             | EC               | CORP              | JP        |     41900 | NS      | $674272.61    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Hypoport SE                                              | Hypoport SE                                              | CUSIP: N/A<br>LEI: 391200GNIFXXP6KRYQ46       | Long             | EC               | CORP              | DE        |     39583 | NS      | $4159803.68   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Unipol Gruppo S.p.A.                                     | Unipol Gruppo S.p.A.                                     | CUSIP: N/A<br>LEI: 8156005CE5E7340CCA86       | Long             | EC               | CORP              | IT        |    651346 | NS      | $3184217.07   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Kitanotatsujin Corporation                               | Kitanotatsujin Corporation                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    533100 | NS      | $1124781.05   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| VNV Global AB (publ)                                     | VNV Global AB (publ)                                     | CUSIP: N/A<br>LEI: 549300ONMNSTOBAU0S14       | Long             | EC               | CORP              | SE        |    279016 | NS      | $698683.89    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Bactiguard Holding AB                                    | Bactiguard Holding AB                                    | CUSIP: N/A<br>LEI: 549300PAEBW7IAMOSO21       | Long             | EC               | CORP              | SE        |     48627 | NS      | $515254.39    | 0.09%             |  |  |  | No            |                  2 | On Loan: —       |
| Banca Mediolanum SpA                                     | Banca Mediolanum SpA                                     | CUSIP: N/A<br>LEI: 7LVZJ6XRIE7VNZ4UBX81       | Long             | EC               | CORP              | IT        |    178589 | NS      | $1495851.85   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Reply S.p.A.                                             | Reply S.p.A.                                             | CUSIP: N/A<br>LEI: 815600DAEFB0388F3521       | Long             | EC               | CORP              | IT        |     37816 | NS      | $4351734.41   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Hello Group Inc.                                         | Hello Group Inc.                                         | CUSIP: 423403104<br>LEI: 549300YMGLID32W48529 | Long             | EC               | CORP              | KY        |    419900 | NS      | $3770702.00   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Siegfried Holding AG                                     | Siegfried Holding AG                                     | CUSIP: N/A<br>LEI: 506700J9QD6IF3937W06       | Long             | EC               | CORP              | CH        |      3413 | NS      | $2271310.87   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Keywords Studios PLC                                     | Keywords Studios PLC                                     | CUSIP: N/A<br>LEI: 2138007VR9ZYCWS7VE12       | Long             | EC               | CORP              | GB        |     82719 | NS      | $2715177.85   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Plus500 Ltd                                              | Plus500 Ltd                                              | CUSIP: N/A<br>LEI: 549300X8NGW9C5OJZU13       | Long             | EC               | CORP              | IL        |    111174 | NS      | $2418100.76   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Avanza Bank Holding AB                                   | Avanza Bank Holding AB                                   | CUSIP: N/A<br>LEI: 549300MBWR5H8SIJLE03       | Long             | EC               | CORP              | SE        |    453591 | NS      | $9735304.41   | 1.65%             |  |  |  | No            |                  2 | On Loan: —       |
| Scandinavian Tobacco Group A/S                           | Scandinavian Tobacco Group A/S                           | CUSIP: N/A<br>LEI: 5299003KG4JS99TRML67       | Long             | EC               | CORP              | DK        |     40498 | NS      | $712660.49    | 0.12%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Victoria P.L.C.                                          | Victoria P.L.C.                                          | CUSIP: N/A<br>LEI: 2138002K6ECECHVCQN25       | Long             | EC               | CORP              | GB        |    435246 | NS      | $2537818.24   | 0.43%             |  |  |  | No            |                  2 | On Loan: —       |
| Celestica Inc.                                           | Celestica Inc.                                           | CUSIP: 15101Q108<br>LEI: 549300J3CG5T6RZWLN53 | Long             | EC               | CORP              | CA        |    103005 | NS      | $1160898.30   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Chroma ATE Inc.                                          | Chroma ATE Inc.                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    631000 | NS      | $3719702.76   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Charter Hall Retail REIT                                 | Charter Hall Retail REIT                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    328862 | NS      | $858307.71    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiwabo Holdings Co., Ltd.                               | Daiwabo Holdings Co., Ltd.                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    147400 | NS      | $2163702.00   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Inter Action Corporation                                 | Inter Action Corporation                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     56000 | NS      | $651752.74    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Posco International Corporation                          | Posco International Corporation                          | CUSIP: N/A<br>LEI: 988400B6ECL5BWA8KC19       | Long             | EC               | CORP              | KR        |    284333 | NS      | $5128945.80   | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| SIBON Electronics Co., Ltd.                              | SIBON Electronics Co., Ltd.                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    248000 | NS      | $2216855.58   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| H.U. Group Holdings, Inc.                                | H.U. Group Holdings, Inc.                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     61800 | NS      | $1350219.09   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujikura Ltd.                                            | Fujikura Ltd.                                            | CUSIP: N/A<br>LEI: 353800PSDZ8VRCKVPL51       | Long             | EC               | CORP              | JP        |     97900 | NS      | $740450.16    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| HANWA Co., Ltd.                                          | HANWA Co., Ltd.                                          | CUSIP: N/A<br>LEI: 8EUP1TJYZFX3T1E5AJ33       | Long             | EC               | CORP              | JP        |     42200 | NS      | $1194224.04   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Simplo Technology Co., Ltd.                              | Simplo Technology Co., Ltd.                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    473365 | NS      | $4392783.23   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| DMG Mori Co., Ltd.                                       | DMG Mori Co., Ltd.                                       | CUSIP: N/A<br>LEI: 353800P4I3FIXTQV2E13       | Long             | EC               | CORP              | JP        |    165000 | NS      | $2178193.56   | 0.37%             |  |  |  | No            |                  2 | On Loan: —       |
| NHK SPRING Co.,Ltd.                                      | NHK SPRING Co.,Ltd.                                      | CUSIP: N/A<br>LEI: 35380033IJ3XRDV8VH57       | Long             | EC               | CORP              | JP        |    113500 | NS      | $723606.47    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Television Holdings Inc.                          | Nippon Television Holdings Inc.                          | CUSIP: N/A<br>LEI: 353800QI43C3H97E4W63       | Long             | EC               | CORP              | JP        |     90400 | NS      | $712768.46    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| transcosmos inc.                                         | transcosmos inc.                                         | CUSIP: N/A<br>LEI: 353800AAR1GYRFDRTV97       | Long             | EC               | CORP              | JP        |     47500 | NS      | $1166559.79   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Demae-Can Co., Ltd                                       | Demae-Can Co., Ltd                                       | CUSIP: N/A<br>LEI: 35380058ZGSGRV80PE35       | Long             | EC               | CORP              | JP        |    105500 | NS      | $345693.12    | 0.06%             |  |  |  | No            |                  2 | On Loan: —       |
| Qualitas Controladora, S.A.B. De C.V.                    | Qualitas Controladora, S.A.B. De C.V.                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |    480700 | NS      | $2126906.01   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| EDION Corporation                                        | EDION Corporation                                        | CUSIP: N/A<br>LEI: 353800697NBCW7EAHZ97       | Long             | EC               | CORP              | JP        |    187900 | NS      | $1835181.65   | 0.31%             |  |  |  | No            |                  2 | On Loan: —       |
| Radiant Opto-Electronics Corporation                     | Radiant Opto-Electronics Corporation                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |   1286000 | NS      | $4393181.31   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| LX International Corp.                                   | LX International Corp.                                   | CUSIP: N/A<br>LEI: 988400KZJVVPCZ6BC265       | Long             | EC               | CORP              | KR        |    111959 | NS      | $3026053.30   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Supalai Public Company Limited                           | Supalai Public Company Limited                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TH        |   2439200 | NS      | $1712553.41   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Makino Milling Machine Co., Ltd.                         | Makino Milling Machine Co., Ltd.                         | CUSIP: N/A<br>LEI: 353800JAOIGQ7V5T9078       | Long             | EC               | CORP              | JP        |     29000 | NS      | $948940.45    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Dno Asa                                                  | Dno Asa                                                  | CUSIP: N/A<br>LEI: 5967007LIEEXZXH3K072       | Long             | EC               | CORP              | NO        |    828385 | NS      | $1004517.35   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Vitec Software Group AB (publ)                           | Vitec Software Group AB (publ)                           | CUSIP: N/A<br>LEI: 5493005EB5RV1QHE6H94       | Long             | EC               | CORP              | SE        |     43395 | NS      | $1746084.14   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Creditaccess Grameen Limited                             | Creditaccess Grameen Limited                             | CUSIP: N/A<br>LEI: 335800YHFDVKKBDQMK23       | Long             | EC               | CORP              | IN        |    165800 | NS      | $1837938.66   | 0.31%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Global Blue Group Holding AG                             | Global Blue Group Holding AG                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CH        |    370184 | NS      | $1713951.92   | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Raksul, Inc.                                             | Raksul, Inc.                                             | CUSIP: N/A<br>LEI: 353800MJOUNWM4MY4B07       | Long             | EC               | CORP              | JP        |    178400 | NS      | $4460573.10   | 0.75%             |  |  |  | No            |                  2 | On Loan: —       |
| Birlasoft Solutions Ltda                                 | Birlasoft Solutions Ltda                                 | CUSIP: N/A<br>LEI: 3358009MOTWWU66WMV49       | Long             | EC               | CORP              | IN        |    512429 | NS      | $4379886.13   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Ga Technologies Co., Ltd.                                | Ga Technologies Co., Ltd.                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    149400 | NS      | $1506912.41   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Sok Marketler Ticaret A.S.                               | Sok Marketler Ticaret A.S.                               | CUSIP: N/A<br>LEI: 7890005KB5WP0KUURR88       | Long             | EC               | CORP              | TR        |   2208384 | NS      | $3317291.93   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Vamos Locacao De Caminhoes, Maquinas E Equipamentos S.A. | Vamos Locacao De Caminhoes, Maquinas E Equipamentos S.A. | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    824578 | NS      | $1974083.23   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Sansan, Inc.                                             | Sansan, Inc.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    130400 | NS      | $1268653.26   | 0.21%             |  |  |  | No            |                  2 | On Loan: —       |
| Gaztransport Et Technigaz                                | Gaztransport Et Technigaz                                | CUSIP: N/A<br>LEI: 969500BVOHVZUUFWDT54       | Long             | EC               | CORP              | FR        |     28378 | NS      | $3036333.06   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Docebo Canada Inc.                                       | Docebo Canada Inc.                                       | CUSIP: 25609L105<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     56913 | NS      | $1880566.93   | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| Nanoform Finland Oy                                      | Nanoform Finland Oy                                      | CUSIP: N/A<br>LEI: 743700JJO2NU8LBS1592       | Long             | EC               | CORP              | FI        |    237373 | NS      | $817025.00    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Wealthnavi Inc.                                          | Wealthnavi Inc.                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    147800 | NS      | $1490246.15   | 0.25%             |  |  |  | No            |                  2 | On Loan: —       |
| Paradox Interactive AB (publ)                            | Paradox Interactive AB (publ)                            | CUSIP: N/A<br>LEI: 529900QNSZUY53R5WW95       | Long             | EC               | CORP              | SE        |     98540 | NS      | $2004136.58   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Stevanato Group Societa' Per Azioni                      | Stevanato Group Societa' Per Azioni                      | CUSIP: N/A<br>LEI: 81560033F7E1CD477507       | Long             | EC               | CORP              | IT        |    120197 | NS      | $2159940.09   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Whitehaven Coal Limited                                  | Whitehaven Coal Limited                                  | CUSIP: N/A<br>LEI: 529900WCZ4I6ZO3RRP86       | Long             | EC               | CORP              | AU        |    589371 | NS      | $3810450.17   | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| P/F Bakkafrost Sales                                     | P/F Bakkafrost Sales                                     | CUSIP: N/A<br>LEI: 2138007LH7OP4V112978       | Long             | EC               | CORP              | FO        |     59597 | NS      | $3752908.01   | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Biocartis Group                                          | Biocartis Group                                          | CUSIP: N/A<br>LEI: 549300J4HOJL5KG8HY54       | Long             | EC               | CORP              | BE        |    187805 | NS      | $106872.42    | 0.02%             |  |  |  | Yes           |                  2 | On Loan: —       |
| Royal Unibrew A/S                                        | Royal Unibrew A/S                                        | CUSIP: N/A<br>LEI: 529900D69KFL8IAP8Q63       | Long             | EC               | CORP              | DK        |     55751 | NS      | $3966822.79   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| BayCurrent Consulting , Inc.                             | BayCurrent Consulting , Inc.                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    130300 | NS      | $4063591.32   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| The Descartes Systems Group Inc.                         | The Descartes Systems Group Inc.                         | CUSIP: 249906108<br>LEI: 875500NEPA7JI5EOMN45 | Long             | EC               | CORP              | CA        |     25932 | NS      | $1807770.66   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| u-blox Holding AG                                        | u-blox Holding AG                                        | CUSIP: N/A<br>LEI: 506700B2W2NUXS9X8479       | Long             | EC               | CORP              | CH        |     13397 | NS      | $1601311.80   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Koh Young Technology Inc.                                | Koh Young Technology Inc.                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    294970 | NS      | $2997344.48   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| FD Technologies Public Limited Company                   | FD Technologies Public Limited Company                   | CUSIP: N/A<br>LEI: 213800MKQAJ5R7WIU633       | Long             | EC               | CORP              | GB        |    103142 | NS      | $1693891.54   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Angle PLC                                                | Angle PLC                                                | CUSIP: N/A<br>LEI: 213800BY11K6W3NMS374       | Long             | EC               | CORP              | GB        |    844820 | NS      | $515612.85    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| TaiDoc Technology Corporation                            | TaiDoc Technology Corporation                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    152000 | NS      | $918111.53    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| BNK Financial Group Inc.                                 | BNK Financial Group Inc.                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    157827 | NS      | $813117.28    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Elders Limited                                           | Elders Limited                                           | CUSIP: N/A<br>LEI: 254900Y0SQG962QL6549       | Long             | EC               | CORP              | AU        |     97769 | NS      | $675282.69    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Hosiden Corporation.                                     | Hosiden Corporation.                                     | CUSIP: N/A<br>LEI: 353800IQGIGW1XT2JX97       | Long             | EC               | CORP              | JP        |     83500 | NS      | $993123.15    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Whitecap Resources Inc.                                  | Whitecap Resources Inc.                                  | CUSIP: 96467A200<br>LEI: 5493004AMPGZA0JO5Q37 | Long             | EC               | CORP              | CA        |    170044 | NS      | $1348798.05   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Japan Elevator Service Holdings Co., Ltd.                | Japan Elevator Service Holdings Co., Ltd.                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    174200 | NS      | $2157455.89   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| IRISO Electronics Co., Ltd.                              | IRISO Electronics Co., Ltd.                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     70500 | NS      | $2254538.58   | 0.38%             |  |  |  | No            |                  2 | On Loan: —       |
| JEOL Ltd.                                                | JEOL Ltd.                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     77900 | NS      | $2102746.43   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Alpha Group International PLC                            | Alpha Group International PLC                            | CUSIP: N/A<br>LEI: 213800RESM1FPUXY6K31       | Long             | EC               | CORP              | GB        |    104442 | NS      | $2327669.17   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Silergy Corp.                                            | Silergy Corp.                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |    152000 | NS      | $2157266.84   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Wizz Air Holdings PLC                                    | Wizz Air Holdings PLC                                    | CUSIP: N/A<br>LEI: 213800COXGZCORLJZA85       | Long             | EC               | CORP              | JE        |     82815 | NS      | $1936820.88   | 0.33%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Technoprobe S.p.A.                                       | Technoprobe S.p.A.                                       | CUSIP: N/A<br>LEI: 8156007154CD8334D053       | Long             | EC               | CORP              | IT        |    414990 | NS      | $2986670.67   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Investec PLC                                             | Investec PLC                                             | CUSIP: N/A<br>LEI: 2138007Z3U5GWDN3MY22       | Long             | EC               | CORP              | GB        |    482087 | NS      | $3005472.35   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Yanlord Land Group Limited                               | Yanlord Land Group Limited                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SG        |   1646000 | NS      | $1254783.13   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Kinaxis Inc.                                             | Kinaxis Inc.                                             | CUSIP: 49448Q109<br>LEI: 5299009VAZ14K7PFUQ15 | Long             | EC               | CORP              | CA        |     47950 | NS      | $5379678.36   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| JMDC Inc.                                                | JMDC Inc.                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     51900 | NS      | $1497118.00   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Freee K.K.                                               | Freee K.K.                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     36500 | NS      | $805146.64    | 0.14%             |  |  |  | No            |                  2 | On Loan: —       |
| Burford Capital Limited                                  | Burford Capital Limited                                  | CUSIP: N/A<br>LEI: 549300FUKUWFYJMT2277       | Long             | EC               | CORP              | GG        |    205711 | NS      | $1651529.08   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Trustpilot Group PLC                                     | Trustpilot Group PLC                                     | CUSIP: N/A<br>LEI: 2138002ILUNMGNPSGG46       | Long             | EC               | CORP              | GB        |    866613 | NS      | $1024455.11   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Swedbank AB                                              | Swedbank AB                                              | CUSIP: N/A<br>LEI: M312WZV08Y7LYUC71685       | Long             | EC               | CORP              | SE        |    452659 | NS      | $1337502.46   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| CESC Ltd                                                 | CESC Ltd                                                 | CUSIP: N/A<br>LEI: 3358009RW8LFOENISG12       | Long             | EC               | CORP              | IN        |    934516 | NS      | $864912.83    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| JB Hi-Fi Limited                                         | JB Hi-Fi Limited                                         | CUSIP: N/A<br>LEI: 529900TPC8H040Y3ZQ65       | Long             | EC               | CORP              | AU        |    168421 | NS      | $4808522.23   | 0.81%             |  |  |  | No            |                  2 | On Loan: —       |
| Shima Seiki Mfg., Ltd.                                   | Shima Seiki Mfg., Ltd.                                   | CUSIP: N/A<br>LEI: 3538003VF74W7607DA80       | Long             | EC               | CORP              | JP        |     87800 | NS      | $1225700.91   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Forestry Co., Ltd.                              | Sumitomo Forestry Co., Ltd.                              | CUSIP: N/A<br>LEI: 549300FIIRGO6D5FWR19       | Long             | EC               | CORP              | JP        |    162300 | NS      | $2863485.09   | 0.48%             |  |  |  | No            |                  2 | On Loan: —       |
| Suzuken Co., Ltd.                                        | Suzuken Co., Ltd.                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     61200 | NS      | $1656055.11   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Melexis                                                  | Melexis                                                  | CUSIP: N/A<br>LEI: 549300QRPSGOJRPUFO80       | Long             | EC               | CORP              | BE        |     20510 | NS      | $1786674.67   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| E Ink Holdings Inc.                                      | E Ink Holdings Inc.                                      | CUSIP: N/A<br>LEI: 529900UOR451FJJYL571       | Long             | EC               | CORP              | TW        |    393000 | NS      | $2060850.53   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Yamato Kogyo Co., Ltd.                                   | Yamato Kogyo Co., Ltd.                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     20400 | NS      | $696307.50    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Infomart Corporation                                     | Infomart Corporation                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    344300 | NS      | $936968.21    | 0.16%             |  |  |  | No            |                  2 | On Loan: —       |
| FPT Corporation                                          | FPT Corporation                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | VN        |    842114 | NS      | $2741230.81   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| eGuarantee, Inc.                                         | eGuarantee, Inc.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    144900 | NS      | $2673398.51   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Power Finance Corporation Limited                        | Power Finance Corporation Limited                        | CUSIP: N/A<br>LEI: 3358003Q6D9LIJJZ1614       | Long             | EC               | CORP              | IN        |   2550103 | NS      | $4361981.17   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| SKY Perfect JSAT Holdings Inc.                           | SKY Perfect JSAT Holdings Inc.                           | CUSIP: N/A<br>LEI: 5299009SAF34W9TVEF26       | Long             | EC               | CORP              | JP        |    253300 | NS      | $931654.98    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| JHS F PAR S/A                                            | JHS F PAR S/A                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    785000 | NS      | $740361.27    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Marfrig Global Foods S.A.                                | Marfrig Global Foods S.A.                                | CUSIP: N/A<br>LEI: 391200219USWMOBN3F92       | Long             | EC               | CORP              | BR        |   2237600 | NS      | $3618379.00   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Airtac International Group                               | Airtac International Group                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |    277773 | NS      | $8407958.02   | 1.42%             |  |  |  | No            |                  2 | On Loan: No      |
| PT Erajaya Swasembada Tbk                                | PT Erajaya Swasembada Tbk                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ID        |  33856300 | NS      | $850721.05    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Chularat Hospital Public Company Limited                 | Chularat Hospital Public Company Limited                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TH        |  18605900 | NS      | $1979016.67   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| SerComm Corporation                                      | SerComm Corporation                                      | CUSIP: N/A<br>LEI: 254900MJ2QQG3VODNZ25       | Long             | EC               | CORP              | TW        |    444000 | NS      | $1105187.77   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Canon Marketing Japan Inc.                               | Canon Marketing Japan Inc.                               | CUSIP: N/A<br>LEI: 529900WMTZBIIROD5K97       | Long             | EC               | CORP              | JP        |     38000 | NS      | $859139.99    | 0.15%             |  |  |  | No            |                  2 | On Loan: —       |
| Citizen Watch Co., Ltd.                                  | Citizen Watch Co., Ltd.                                  | CUSIP: N/A<br>LEI: 529900DUZBKERKGQ2628       | Long             | EC               | CORP              | JP        |    492200 | NS      | $2205754.89   | 0.37%             |  |  |  | No            |                  2 | On Loan: —       |
| Kawasaki Kisen Kaisha, Ltd.                              | Kawasaki Kisen Kaisha, Ltd.                              | CUSIP: N/A<br>LEI: 353800FL04R73DS5P870       | Long             | EC               | CORP              | JP        |    149100 | NS      | $3145657.63   | 0.53%             |  |  |  | No            |                  2 | On Loan: —       |
| Kerry Properties Limited                                 | Kerry Properties Limited                                 | CUSIP: N/A<br>LEI: 5299006T5ULIIRZ7LK49       | Long             | EC               | CORP              | BM        |    897935 | NS      | $1948028.59   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Kindom Construction Corp.                                | Kindom Construction Corp.                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    771000 | NS      | $732583.80    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Komeri Co., Ltd.                                         | Komeri Co., Ltd.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     47800 | NS      | $991091.32    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Regional Container Lines Public Co Ltd                   | Regional Container Lines Public Co Ltd                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TH        |   1596900 | NS      | $1419990.68   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Hanwha Corporation                                       | Hanwha Corporation                                       | CUSIP: N/A<br>LEI: 988400JE9FIHQS7TX614       | Long             | EC               | CORP              | KR        |     86981 | NS      | $1773254.59   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Duzon Bizon Co., Ltd.                                    | Duzon Bizon Co., Ltd.                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     88116 | NS      | $2576495.28   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Canfor Corporation                                       | Canfor Corporation                                       | CUSIP: 137576104<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    238160 | NS      | $3748293.65   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Drax Group PLC                                           | Drax Group PLC                                           | CUSIP: N/A<br>LEI: 549300YPSNTXR4ZHSR98       | Long             | EC               | CORP              | GB        |    168981 | NS      | $1435847.18   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Network International Holdings PLC                       | Network International Holdings PLC                       | CUSIP: N/A<br>LEI: 213800XVRNKWENNLKK60       | Long             | EC               | CORP              | GB        |    574588 | NS      | $2075786.01   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| New Work SE                                              | New Work SE                                              | CUSIP: N/A<br>LEI: 5299002VHN50DM9T9H37       | Long             | EC               | CORP              | DE        |     12195 | NS      | $1999550.63   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| PT Bukit Asam TBK                                        | PT Bukit Asam TBK                                        | CUSIP: N/A<br>LEI: 529900XX13TXG5L4CN33       | Long             | EC               | CORP              | ID        |   9221600 | NS      | $2190938.23   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Metcash Limited                                          | Metcash Limited                                          | CUSIP: N/A<br>LEI: 25490065W4SN3LZMX216       | Long             | EC               | CORP              | AU        |   1367888 | NS      | $3695871.41   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Veganz Group AG                                          | Veganz Group AG                                          | CUSIP: N/A<br>LEI: 391200WJ0J8QYRQNC671       | Long             | EC               | CORP              | DE        |      9884 | NS      | $136175.83    | 0.02%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Addtech AB                                               | Addtech AB                                               | CUSIP: N/A<br>LEI: 549300QZ5U2IDRHPWL60       | Long             | EC               | CORP              | SE        |    324144 | NS      | $4635351.99   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Sembcorp Industries Ltd                                  | Sembcorp Industries Ltd                                  | CUSIP: N/A<br>LEI: 254900J0FF14U6TPQM96       | Long             | EC               | CORP              | SG        |   1419500 | NS      | $3588226.60   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Dino Polska Spolka Akcyjna                               | Dino Polska Spolka Akcyjna                               | CUSIP: N/A<br>LEI: 259400H4L81SMPRTW956       | Long             | EC               | CORP              | PL        |     27451 | NS      | $2358595.87   | 0.40%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Bossard Holding AG                                       | Bossard Holding AG                                       | CUSIP: N/A<br>LEI: 5067001959OEPG6X8016       | Long             | EC               | CORP              | CH        |     12140 | NS      | $2632122.71   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Visional,Inc.                                            | Visional,Inc.                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     50500 | NS      | $3341041.92   | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Sdiptech AB (publ)                                       | Sdiptech AB (publ)                                       | CUSIP: N/A<br>LEI: 549300JBO7VTEGMRW310       | Long             | EC               | CORP              | SE        |     76491 | NS      | $1663478.99   | 0.28%             |  |  |  | No            |                  2 | On Loan: —       |
| Team17 Group PLC                                         | Team17 Group PLC                                         | CUSIP: N/A<br>LEI: 2138006EUUCCL4ZI5E51       | Long             | EC               | CORP              | GB        |    305201 | NS      | $1626220.59   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Nordnet AB                                               | Nordnet AB                                               | CUSIP: N/A<br>LEI: 549300D6WW5ZTWLZ4C08       | Long             | EC               | CORP              | SE        |    226470 | NS      | $3273751.06   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo SBF S/A                                            | Grupo SBF S/A                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    819900 | NS      | $1969716.21   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Johnson Electric Holdings Limited                        | Johnson Electric Holdings Limited                        | CUSIP: N/A<br>LEI: 529900EDYRQ6K25JEC80       | Long             | EC               | CORP              | BM        |   1203500 | NS      | $1518202.89   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Helia Group Limited                                      | Helia Group Limited                                      | CUSIP: N/A<br>LEI: 529900RUQ2G0JXJOF423       | Long             | EC               | CORP              | AU        |    365716 | NS      | $686921.41    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Diploma PLC                                              | Diploma PLC                                              | CUSIP: N/A<br>LEI: 2138008OGI7VYG8FGR19       | Long             | EC               | CORP              | GB        |     71504 | NS      | $2399692.32   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Keller Group PLC                                         | Keller Group PLC                                         | CUSIP: N/A<br>LEI: 549300QO4MBL43UHSN10       | Long             | EC               | CORP              | GB        |    114036 | NS      | $1105216.85   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Serco Group PLC                                          | Serco Group PLC                                          | CUSIP: N/A<br>LEI: 549300PT2CIHYN5GWJ21       | Long             | EC               | CORP              | GB        |    397551 | NS      | $749616.67    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| AGF Management Limited                                   | AGF Management Limited                                   | CUSIP: 001092105<br>LEI: 254900MZSQTEB6YEO028 | Long             | EC               | CORP              | CA        |    542610 | NS      | $2833273.78   | 0.48%             |  |  |  | No            |                  1 | On Loan: —       |
| ESI Group                                                | ESI Group                                                | CUSIP: N/A<br>LEI: 969500SJCEYK6O6RXV95       | Long             | EC               | CORP              | FR        |     17411 | NS      | $1378330.68   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Bper Banca Spa                                           | Bper Banca Spa                                           | CUSIP: N/A<br>LEI: N747OI7JINV7RUUH6190       | Long             | EC               | CORP              | IT        |   1377751 | NS      | $2840802.23   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| D'Ieteren Group                                          | D'Ieteren Group                                          | CUSIP: N/A<br>LEI: 549300DV5KJ23OKVTW34       | Long             | EC               | CORP              | BE        |     15383 | NS      | $2963419.41   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicony Electronics Co., Ltd                             | Chicony Electronics Co., Ltd                             | CUSIP: N/A<br>LEI: 254900JBP5GB5B1IHS51       | Long             | EC               | CORP              | TW        |    459000 | NS      | $1287571.32   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Al Hammadi Company For Development And Investment        | Al Hammadi Company For Development And Investment        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SA        |    308237 | NS      | $3293488.07   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Betsson AB                                               | Betsson AB                                               | CUSIP: N/A<br>LEI: 549300W61XW8OFGBG077       | Long             | EC               | CORP              | SE        |     87586 | NS      | $712208.17    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Russel Metals Inc.                                       | Russel Metals Inc.                                       | CUSIP: 781903604<br>LEI: 5493005F9VPHFO17OV54 | Long             | EC               | CORP              | CA        |    121500 | NS      | $2582548.01   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| CellaVision AB                                           | CellaVision AB                                           | CUSIP: N/A<br>LEI: 529900IUBZBZ0HXFJ114       | Long             | EC               | CORP              | SE        |     24154 | NS      | $530324.84    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Credit Saison Co.,Ltd                                    | Credit Saison Co.,Ltd                                    | CUSIP: N/A<br>LEI: 529900SV58ZWTGRH3A66       | Long             | EC               | CORP              | JP        |    244000 | NS      | $3143243.57   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Sojitz Corporation                                       | Sojitz Corporation                                       | CUSIP: N/A<br>LEI: 5493004SE33MRLPB1W98       | Long             | EC               | CORP              | JP        |    290400 | NS      | $5540124.79   | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui O.S.K. Lines, Ltd.                                | Mitsui O.S.K. Lines, Ltd.                                | CUSIP: N/A<br>LEI: 353800P8O843TMAZ6S09       | Long             | EC               | CORP              | JP        |     63800 | NS      | $1593974.10   | 0.27%             |  |  |  | No            |                  2 | On Loan: —       |
| WNS (Holdings) Limited                                   | WNS (Holdings) Limited                                   | CUSIP: 92932M101<br>LEI: 529900RM7QHUD3W9DM42 | Long             | EC               | CORP              | JE        |     23087 | NS      | $1846729.13   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Marine & Fire Insurance Co.,Ltd.                 | Hyundai Marine & Fire Insurance Co.,Ltd.                 | CUSIP: N/A<br>LEI: 988400SYR92543UITC37       | Long             | EC               | CORP              | KR        |     89472 | NS      | $2078270.50   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Naked Wines PLC                                          | Naked Wines PLC                                          | CUSIP: N/A<br>LEI: 213800IYPFIRRQQE9R62       | Long             | EC               | CORP              | GB        |    374331 | NS      | $574498.64    | 0.10%             |  |  |  | No            |                  2 | On Loan: —       |
| Electric Power Development Co., Ltd.                     | Electric Power Development Co., Ltd.                     | CUSIP: N/A<br>LEI: 549300KMHPUAQI8VEH90       | Long             | EC               | CORP              | JP        |    334200 | NS      | $5333413.10   | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Centrica PLC                                             | Centrica PLC                                             | CUSIP: N/A<br>LEI: E26EDV109X6EEPBKVH76       | Long             | EC               | CORP              | GB        |   4245513 | NS      | $4961261.07   | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco de Sabadell, S.A.                                  | Banco de Sabadell, S.A.                                  | CUSIP: N/A<br>LEI: SI5RG2M0WQQLZCXKRM20       | Long             | EC               | CORP              | ES        |   1038145 | NS      | $988810.75    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Volpara Health Technologies Limited                      | Volpara Health Technologies Limited                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | NZ        |   1949245 | NS      | $696876.53    | 0.12%             |  |  |  | No            |                  2 | On Loan: —       |
| Wistron Corporation                                      | Wistron Corporation                                      | CUSIP: N/A<br>LEI: 254900DIEONKUALBFM06       | Long             | EC               | CORP              | TW        |   2373000 | NS      | $2269821.77   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Tsugami Corporation                                      | Tsugami Corporation                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    328400 | NS      | $2864000.45   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Nihon M&A Center Holdings Inc.                           | Nihon M&A Center Holdings Inc.                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    199200 | NS      | $2465864.14   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Dotdigital Group PLC                                     | Dotdigital Group PLC                                     | CUSIP: N/A<br>LEI: 2138006LZ7HHQ6DWFD42       | Long             | EC               | CORP              | GB        |   1000769 | NS      | $1002912.90   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Redde Northgate PLC                                      | Redde Northgate PLC                                      | CUSIP: N/A<br>LEI: 213800B3ZUTDOZYVJB41       | Long             | EC               | CORP              | GB        |    413193 | NS      | $2042711.40   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Nayax Ltd                                                | Nayax Ltd                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |     57103 | NS      | $1085065.52   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Wanted Lab, Inc.                                         | Wanted Lab, Inc.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     15511 | NS      | $153944.68    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Hemnet AB                                                | Hemnet AB                                                | CUSIP: N/A<br>LEI: 5493008VIU67J3HUAR07       | Long             | EC               | CORP              | SE        |    182849 | NS      | $2201421.86   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Baltic Classifieds Group PLC                             | Baltic Classifieds Group PLC                             | CUSIP: N/A<br>LEI: 213800I1RPHCFSSQS969       | Long             | EC               | CORP              | GB        |   1386174 | NS      | $2367199.56   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Autostore Holdings Ltd                                   | Autostore Holdings Ltd                                   | CUSIP: N/A<br>LEI: 549300KYN3M0LSM5A413       | Long             | EC               | CORP              | BM        |   2096537 | NS      | $3858395.92   | 0.65%             |  |  |  | Yes           |                  2 | On Loan: —       |
| PolyPeptide Group AG                                     | PolyPeptide Group AG                                     | CUSIP: N/A<br>LEI: 5067007JCKTPOX4G9758       | Long             | EC               | CORP              | CH        |     62853 | NS      | $1727317.29   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Molten Ventures PLC                                      | Molten Ventures PLC                                      | CUSIP: N/A<br>LEI: 213800IPCR3SAYJWSW10       | Long             | EC               | CORP              | GB        |    211383 | NS      | $902867.03    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Kamakura Shinsho, Ltd.                                   | Kamakura Shinsho, Ltd.                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    287000 | NS      | $2201379.05   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Locondo, Inc.                                            | Locondo, Inc.                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    103200 | NS      | $841410.42    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Technogym S.p.A.                                         | Technogym S.p.A.                                         | CUSIP: N/A<br>LEI: 815600B9149F66E77F76       | Long             | EC               | CORP              | IT        |    293658 | NS      | $2256256.54   | 0.38%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Cafe24 Corp.                                             | Cafe24 Corp.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     58109 | NS      | $454589.40    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Globant S.A.                                             | Globant S.A.                                             | CUSIP: N/A<br>LEI: 2221008DCMSPYS42DS88       | Long             | EC               | CORP              | LU        |     17203 | NS      | $2892856.48   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| InMode Ltd                                               | InMode Ltd                                               | CUSIP: N/A<br>LEI: 984500DD95A35E9BD358       | Long             | EC               | CORP              | IL        |     30767 | NS      | $1098381.90   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Games Workshop Group PLC                                 | Games Workshop Group PLC                                 | CUSIP: N/A<br>LEI: 213800RP9QJQYGWHNT41       | Long             | EC               | CORP              | GB        |     53888 | NS      | $5586373.85   | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| GMO Payment Gateway, Inc.                                | GMO Payment Gateway, Inc.                                | CUSIP: N/A<br>LEI: 353800Q6U21E2PM83F86       | Long             | EC               | CORP              | JP        |     29600 | NS      | $2454028.87   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Iochpe Maxion S/A                                        | Iochpe Maxion S/A                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    351100 | NS      | $781675.25    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Raiffeisen Bank International AG                         | Raiffeisen Bank International AG                         | CUSIP: N/A<br>LEI: 9ZHRYM6F437SQJ6OUG95       | Long             | EC               | CORP              | AT        |    167763 | NS      | $2773784.67   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| TCI Co., Ltd.                                            | TCI Co., Ltd.                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    166000 | NS      | $925074.85    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| istyle Inc.                                              | istyle Inc.                                              | CUSIP: N/A<br>LEI: 529900SRRLS3Q7T1JY30       | Long             | EC               | CORP              | JP        |    204600 | NS      | $832016.71    | 0.14%             |  |  |  | No            |                  2 | On Loan: —       |
| ASPEED Technology Inc.                                   | ASPEED Technology Inc.                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     73600 | NS      | $4052600.21   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| KATITAS Co., Ltd.                                        | KATITAS Co., Ltd.                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    156100 | NS      | $3553751.02   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| tonies SE                                                | tonies SE                                                | CUSIP: N/A<br>LEI: 222100DAYRVSS1X9EB98       | Long             | EC               | CORP              | LU        |    294634 | NS      | $1897632.10   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Xvivo Perfusion Aktiebolag                               | Xvivo Perfusion Aktiebolag                               | CUSIP: N/A<br>LEI: 549300G2464FYLS14B41       | Long             | EC               | CORP              | SE        |     44895 | NS      | $788732.21    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Hypebeast Limited                                        | Hypebeast Limited                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |   6142500 | NS      | $312840.23    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Compania De Distribucion Integral Logista Holdings, S.A. | Compania De Distribucion Integral Logista Holdings, S.A. | CUSIP: N/A<br>LEI: 9598000ANNAL42UJ7X28       | Long             | EC               | CORP              | ES        |     52488 | NS      | $1327978.03   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Xiamen Faratronic Co., Ltd.                              | Xiamen Faratronic Co., Ltd.                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     89600 | NS      | $2056629.35   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| SHIFT, Inc.                                              | SHIFT, Inc.                                              | CUSIP: N/A<br>LEI: 353800HJXMOPLJ7BO262       | Long             | EC               | CORP              | JP        |     24500 | NS      | $4309961.65   | 0.73%             |  |  |  | No            |                  2 | On Loan: —       |
| Aumann AG                                                | Aumann AG                                                | CUSIP: N/A<br>LEI: 529900GLI93PGU71F690       | Long             | EC               | CORP              | DE        |     45486 | NS      | $562206.89    | 0.10%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Anicom Holdings, Inc.                                    | Anicom Holdings, Inc.                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    153100 | NS      | $668484.39    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Bengo4.com, Inc.                                         | Bengo4.com, Inc.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     92800 | NS      | $1824039.76   | 0.31%             |  |  |  | No            |                  2 | On Loan: —       |
| SOITEC                                                   | SOITEC                                                   | CUSIP: N/A<br>LEI: 969500ZR92SQCU9TST26       | Long             | EC               | CORP              | FR        |     23903 | NS      | $3937075.57   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Snow Peak, Inc.                                          | Snow Peak, Inc.                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    104700 | NS      | $1858353.34   | 0.31%             |  |  |  | No            |                  2 | On Loan: —       |
| Dampskibsselskabet NORDEN A/S                            | Dampskibsselskabet NORDEN A/S                            | CUSIP: N/A<br>LEI: 529900RGXD3CBR3BRU63       | Long             | EC               | CORP              | DK        |     12661 | NS      | $763102.47    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Pilbara Minerals Limited                                 | Pilbara Minerals Limited                                 | CUSIP: N/A<br>LEI: 5299000VV1CZVF5K9C16       | Long             | EC               | CORP              | AU        |   1416295 | NS      | $3635131.32   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| PT Indo Tambangraya Megah Tbk                            | PT Indo Tambangraya Megah Tbk                            | CUSIP: N/A<br>LEI: 52990056ZNHB217ZKL92       | Long             | EC               | CORP              | ID        |   1264200 | NS      | $3166802.17   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Wallenius Wilhelmsen ASA                                 | Wallenius Wilhelmsen ASA                                 | CUSIP: N/A<br>LEI: 549300NBN0URT3RA3Y54       | Long             | EC               | CORP              | NO        |     93082 | NS      | $924154.12    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Parex Resources Inc.                                     | Parex Resources Inc.                                     | CUSIP: 69946Q104<br>LEI: 549300U7LWRGTY6XWK67 | Long             | EC               | CORP              | CA        |    185614 | NS      | $2762276.29   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Youngone Corporation                                     | Youngone Corporation                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     34774 | NS      | $1306559.46   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Sensirion Holding AG                                     | Sensirion Holding AG                                     | CUSIP: N/A<br>LEI: 8945003M3YNIE0AWEM05       | Long             | EC               | CORP              | CH        |     45681 | NS      | $4856049.13   | 0.82%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Elkem ASA                                                | Elkem ASA                                                | CUSIP: N/A<br>LEI: 549300CVBE06T0SH6T76       | Long             | EC               | CORP              | NO        |    341588 | NS      | $1235207.32   | 0.21%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Coronado Global Resources Inc.                           | Coronado Global Resources Inc.                           | CUSIP: N/A<br>LEI: 549300IGUM6F25CYHK79       | Long             | EC               | CORP              | US        |    772248 | NS      | $1053022.53   | 0.18%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Cargojet Inc.                                            | Cargojet Inc.                                            | CUSIP: 14179V503<br>LEI: 549300C4GBBANCBT3K72 | Long             | EC               | CORP              | CA        |     25362 | NS      | $2179371.27   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| OSB Group PLC                                            | OSB Group PLC                                            | CUSIP: N/A<br>LEI: 213800ZBKL9BHSL2K459       | Long             | EC               | CORP              | GB        |    207390 | NS      | $1217472.65   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Bachem Holding AG                                        | Bachem Holding AG                                        | CUSIP: N/A<br>LEI: 506700S81111XI7TG884       | Long             | EC               | CORP              | CH        |     38024 | NS      | $3304007.00   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Sansiri Public Company Limited                           | Sansiri Public Company Limited                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TH        |  31014700 | NS      | $1578640.62   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Brunello Cucinelli S.p.A.                                | Brunello Cucinelli S.p.A.                                | CUSIP: N/A<br>LEI: 5493003CX2RZ0FOBH256       | Long             | EC               | CORP              | IT        |     72802 | NS      | $5415361.88   | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Cleanspace Holdings Limited                              | Cleanspace Holdings Limited                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    894739 | NS      | $302876.73    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| medmix AG                                                | medmix AG                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CH        |    160351 | NS      | $3061350.75   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Prairiesky Royalty Ltd.                                  | Prairiesky Royalty Ltd.                                  | CUSIP: 739721108<br>LEI: 529900AXG582AP7CV733 | Long             | EC               | CORP              | CA        |    225323 | NS      | $3611158.86   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| HMS Networks AB                                          | HMS Networks AB                                          | CUSIP: N/A<br>LEI: 549300MOY2FDUUDIQ179       | Long             | EC               | CORP              | SE        |     80343 | NS      | $2619816.04   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Outsourcing Inc.                                         | Outsourcing Inc.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    200300 | NS      | $1432586.94   | 0.24%             |  |  |  | No            |                  2 | On Loan: —       |
| Interfor Corporation                                     | Interfor Corporation                                     | CUSIP: 45868C109<br>LEI: 549300P4G5UZ3AMJE056 | Long             | EC               | CORP              | CA        |    199831 | NS      | $3099299.11   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-28

**Name of Applicant:** JNL Series Trust

**Signature:** Andrew Tedeschi

**Name of Signer:** Andrew Tedeschi

**Title:** Principal Financial Officer