# EDGAR Filing Document

**Accession Number:** 0001227523
**File Stem:** 0001752724-25-207535
**Filing Date:** 2025-8
**Character Count:** 300914
**Document Hash:** 6f22bd433ec09d30c3ac27bcfaa71fd7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-207535.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001752724-25-207535

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** OPTIMUM FUND TRUST
- **CENTRAL INDEX KEY:** 0001227523

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21335
- **FILM NUMBER:** 251261587

**BUSINESS ADDRESS:**
- **STREET 1:** 100 INDEPENDENCE
- **STREET 2:** 610 MARKET STREET
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19106-2354
- **BUSINESS PHONE:** 800.914.0278

**MAIL ADDRESS:**
- **STREET 1:** 100 INDEPENDENCE
- **STREET 2:** 610 MARKET STREET
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19106-2354

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BOB TRUST
- **DATE OF NAME CHANGE:** 20030415

## Series and Classes Contracts Data

### OPTIMUM INTERNATIONAL FUND (Series ID: S000002421)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000006447 | OPTIMUM INTERNATIONAL FUND CLASS A             | OAIEX           |
| C000006449 | OPTIMUM INTERNATIONAL FUND CLASS C             | OCIEX           |
| C000006450 | OPTIMUM INTERNATIONAL FUND INSTITUTIONAL CLASS | OIIEX           |

## Nport-Ex

## Schedule of investments
Optimum International Fund

June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | **Value (US $)** |
| &nbsp;&nbsp;**Common Stocks — 98.93%Δ** | &nbsp;&nbsp;**Common Stocks — 98.93%Δ** | &nbsp;&nbsp;**Common Stocks — 98.93%Δ** |
| &nbsp;&nbsp;Australia — 3.02% | &nbsp;&nbsp;Australia — 3.02% | &nbsp;&nbsp;Australia — 3.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aristocrat Leisure | &nbsp;&nbsp;&nbsp;&nbsp;145650 | $6247167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BlueScope Steel | &nbsp;&nbsp;&nbsp;&nbsp;102172 | &nbsp;&nbsp; 1554020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brambles | &nbsp;&nbsp;&nbsp;&nbsp;182954 | &nbsp;&nbsp; 2820030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coles Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12365 | &nbsp;&nbsp; 169596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Computershare | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43403 | &nbsp;&nbsp; 1139485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EBOS Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47 | &nbsp;&nbsp; 1102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enero Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384 | &nbsp;&nbsp; 173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Evolution Mining | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95077 | &nbsp;&nbsp; 487459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northern Star Resources | &nbsp;&nbsp;&nbsp;&nbsp;175443 | &nbsp;&nbsp; 2141928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OceanaGold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71233 | &nbsp;&nbsp; 1005400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pro Medicus | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22715 | &nbsp;&nbsp; 4261911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Qantas Airways | &nbsp;&nbsp;&nbsp;&nbsp;242759 | &nbsp;&nbsp; 1715949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;REA Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3964 | &nbsp;&nbsp; 627416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regis Resources † | &nbsp;&nbsp;&nbsp;&nbsp;160991 | &nbsp;&nbsp; 465148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rio Tinto | &nbsp;&nbsp;&nbsp;&nbsp;121189 | &nbsp;&nbsp; 7061561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wagners Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18860 | &nbsp;&nbsp; 28425 |
|  |  | &nbsp;&nbsp; 29726770 |
| &nbsp;&nbsp;Austria — 0.25% | &nbsp;&nbsp;Austria — 0.25% | &nbsp;&nbsp;Austria — 0.25% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Erste Group Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28918 | &nbsp;&nbsp; 2462824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Raiffeisen Bank International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;646 | &nbsp;&nbsp; 19694 |
|  |  | &nbsp;&nbsp; 2482518 |
| &nbsp;&nbsp;Brazil — 2.38% | &nbsp;&nbsp;Brazil — 2.38% | &nbsp;&nbsp;Brazil — 2.38% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B3 - Brasil Bolsa Balcao | &nbsp;&nbsp;&nbsp;&nbsp;418400 | &nbsp;&nbsp; 1119717 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cia De Sanena Do Parana | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10300 | &nbsp;&nbsp; 72400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MercadoLibre † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7680 | &nbsp;&nbsp; 20072678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pagseguro Digital Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76123 | &nbsp;&nbsp; 733826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTVS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48300 | &nbsp;&nbsp; 376134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ultrapar Participacoes | &nbsp;&nbsp;&nbsp;&nbsp;301600 | &nbsp;&nbsp; 974784 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VTEX Class A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16885 | &nbsp;&nbsp;&nbsp; 111441 |
|  |  | &nbsp;&nbsp; 23460980 |
| &nbsp;&nbsp;Canada — 4.79% | &nbsp;&nbsp;Canada — 4.79% | &nbsp;&nbsp;Canada — 4.79% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aecon Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7100 | &nbsp;&nbsp; 107250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of Nova Scotia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4700 | &nbsp;&nbsp; 259894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bird Construction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2700 | &nbsp;&nbsp; 57083 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cascades | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23600 | &nbsp;&nbsp; 154416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Centerra Gold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28100 | &nbsp;&nbsp; 202431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CES Energy Solutions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22773 | &nbsp;&nbsp; 110876 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cogeco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3100 | &nbsp;&nbsp; 153048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Constellation Software | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1966 | &nbsp;&nbsp; 7208835 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dollarama | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16900 | &nbsp;&nbsp; 2381203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DRI Healthcare Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp; 53879 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dundee Precious Metals | &nbsp;&nbsp;&nbsp;&nbsp;118600 | &nbsp;&nbsp; 1905613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Empire Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68700 | &nbsp;&nbsp; 2850918 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enghouse Systems | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9713 | &nbsp;&nbsp; 166692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ensign Energy Services † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15700 | &nbsp;&nbsp; 25941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Extendicare | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8400 | &nbsp;&nbsp; 87223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FirstService | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1600 | &nbsp;&nbsp; 279205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortuna Mining † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5300 | &nbsp;&nbsp; 34678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;George Weston | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3900 | &nbsp;&nbsp; 782177 |

---

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | **Value (US $)** |
| &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** |
| &nbsp;&nbsp;Canada (continued) | &nbsp;&nbsp;Canada (continued) | &nbsp;&nbsp;Canada (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hemisphere Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20900 | $28240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;High Liner Foods | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp; 13299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iA Financial | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41480 | &nbsp;&nbsp; 4547493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intact Financial | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp; 418557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jaguar Mining † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6238 | &nbsp;&nbsp; 15575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jamieson Wellness | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1900 | &nbsp;&nbsp; 49560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinaxis † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2195 | &nbsp;&nbsp; 326441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loblaw | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3800 | &nbsp;&nbsp; 628566 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lumine Group † | &nbsp;&nbsp;&nbsp;&nbsp;150025 | &nbsp;&nbsp; 5269466 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Martinrea International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25979 | &nbsp;&nbsp; 161779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6300 | &nbsp;&nbsp; 494886 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mullen Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7400 | &nbsp;&nbsp;&nbsp; 77111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neo Performance Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2852 | &nbsp;&nbsp; 30473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North West | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp; 60260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PHX Energy Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16900 | &nbsp;&nbsp; 99905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quebecor Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22100 | &nbsp;&nbsp; 672697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shopify Class A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44830 | &nbsp;&nbsp; 5171140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SSR Mining † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23912 | &nbsp;&nbsp; 304639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stella-Jones | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44977 | &nbsp;&nbsp; 2592432 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy | &nbsp;&nbsp;&nbsp;&nbsp;123800 | &nbsp;&nbsp; 4637443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TFI International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28250 | &nbsp;&nbsp; 2535913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TMX Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32740 | &nbsp;&nbsp; 1387738 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Torex Gold Resources † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20173 | &nbsp;&nbsp; 658039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toronto-Dominion Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2700 | &nbsp;&nbsp; 198592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Energy Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7700 | &nbsp;&nbsp; 61068 |
|  |  | &nbsp;&nbsp; 47262674 |
| &nbsp;&nbsp;Chile — 0.02% | &nbsp;&nbsp;Chile — 0.02% | &nbsp;&nbsp;Chile — 0.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cia Cervecerias Unidas ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18470 | &nbsp;&nbsp; 238632 |
|  |  | &nbsp;&nbsp; 238632 |
| &nbsp;&nbsp;China — 12.49% | &nbsp;&nbsp;China — 12.49% | &nbsp;&nbsp;China — 12.49% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37 Interactive Entertainment Network Technology Group Class A | &nbsp;&nbsp;&nbsp;&nbsp;483300 | &nbsp;&nbsp; 1166179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Agricultural Bank of China Class H | 7680000 | &nbsp;&nbsp; 5478761 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AIA Group | &nbsp;&nbsp;&nbsp;&nbsp;758800 | &nbsp;&nbsp; 6805078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ATRenew ADR † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11140 | &nbsp;&nbsp; 36873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Autohome ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35867 | &nbsp;&nbsp; 925010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baidu Class A † | &nbsp;&nbsp;&nbsp;&nbsp;226750 | &nbsp;&nbsp; 2410498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baoxiniao Holding Class A | &nbsp;&nbsp;&nbsp;&nbsp;469900 | &nbsp;&nbsp; 246574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beijing Fourth Paradigm Technology † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22500 | &nbsp;&nbsp; 147326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bilibili Class Z † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78360 | &nbsp;&nbsp; 1674020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BOE Technology Group Class A | 2554900 | &nbsp;&nbsp; 1422657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Build King Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73424 | &nbsp;&nbsp; 10663 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canny Elevator Class A | &nbsp;&nbsp;&nbsp;&nbsp;464600 | &nbsp;&nbsp; 455814 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Changhong Meiling Class A | &nbsp;&nbsp;&nbsp;&nbsp;150400 | &nbsp;&nbsp; 145667 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Changjiang & Jinggong Steel Building Group Class A | &nbsp;&nbsp;&nbsp;&nbsp;349100 | &nbsp;&nbsp; 155903 |

---

NQ- OPTIE [0625] 0825 (4730784) 1

------

Optimum International Fund

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | **Value (US $)** |
| &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** |
| &nbsp;&nbsp;China (continued) | &nbsp;&nbsp;China (continued) | &nbsp;&nbsp;China (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chengdu Kanghong Pharmaceutical Group Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6600 | $26684 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Construction Bank Class H | 5784000 | &nbsp;&nbsp; 5835614 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Display Optoelectronics Technology Holdings † | &nbsp;&nbsp;&nbsp;&nbsp;218831 | &nbsp;&nbsp; 6021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Minsheng Banking Class H | 1736000 | &nbsp;&nbsp; 984108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Taiping Insurance Holdings | &nbsp;&nbsp;&nbsp;&nbsp;124800 | &nbsp;&nbsp; 243242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chongqing Rural Commercial Bank Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60502 | &nbsp;&nbsp; 51099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CITIC Press Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58800 | &nbsp;&nbsp; 263248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dah Sing Financial Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp; 113695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eastern Air Logistics Class A | &nbsp;&nbsp;&nbsp;&nbsp;140400 | &nbsp;&nbsp; 256484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Focus Technology Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46300 | &nbsp;&nbsp; 295227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G-bits Network Technology Xiamen Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62700 | &nbsp;&nbsp; 2642141 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Guangdong Vanward New Electric Class A | &nbsp;&nbsp;&nbsp;&nbsp;231200 | &nbsp;&nbsp; 358472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hefei Meiya Optoelectronic Technology Class A | &nbsp;&nbsp;&nbsp;&nbsp;113000 | &nbsp;&nbsp; 266040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hisense Visual Technology Class A | &nbsp;&nbsp;&nbsp;&nbsp;174200 | &nbsp;&nbsp; 559638 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrial and Commercial Bank of China Class H | &nbsp;&nbsp;&nbsp;&nbsp;249000 | &nbsp;&nbsp; 197298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jacobson Pharma | &nbsp;&nbsp;&nbsp;&nbsp;208796 | &nbsp;&nbsp; 43355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JD.com Class A | &nbsp;&nbsp;&nbsp;&nbsp;109700 | &nbsp;&nbsp; 1787353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jianmin Pharmaceutical Group Class A | &nbsp;&nbsp;&nbsp;&nbsp;136900 | &nbsp;&nbsp; 749124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jilin OLED Material Tech Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51147 | &nbsp;&nbsp; 120273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JOYY ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17282 | &nbsp;&nbsp; 879827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kanzhun ADR † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22759 | &nbsp;&nbsp; 406021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kingnet Network Class A | &nbsp;&nbsp;&nbsp;&nbsp;602100 | &nbsp;&nbsp; 1622574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kingsoft | &nbsp;&nbsp;&nbsp;&nbsp;183200 | &nbsp;&nbsp; 954513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kuaishou Technology † | &nbsp;&nbsp;&nbsp;&nbsp;657600 | &nbsp;&nbsp; 5302719 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kweichow Moutai Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14200 | &nbsp;&nbsp; 2793271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lenovo Group | 2026000 | &nbsp;&nbsp; 2431215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Linklogis Class B | &nbsp;&nbsp;&nbsp;&nbsp;312500 | &nbsp;&nbsp; 75239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Luolai Lifestyle Technology Class A | &nbsp;&nbsp;&nbsp;&nbsp;467821 | &nbsp;&nbsp; 570617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Meituan Class B † | &nbsp;&nbsp;&nbsp;&nbsp;234890 | &nbsp;&nbsp; 3749287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Midea Group Class A | &nbsp;&nbsp;&nbsp;&nbsp;674700 | &nbsp;&nbsp; 6798317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Natural Food International Holding | &nbsp;&nbsp;&nbsp;&nbsp;344000 | &nbsp;&nbsp; 34619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NetEase | &nbsp;&nbsp;&nbsp;&nbsp;232100 | &nbsp;&nbsp; 6238651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Newborn Town † | &nbsp;&nbsp;&nbsp;&nbsp;382000 | &nbsp;&nbsp; 478355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nexteer Automotive Group | &nbsp;&nbsp;&nbsp;&nbsp;257762 | &nbsp;&nbsp; 187166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NSFOCUS Technologies Group Class A † | &nbsp;&nbsp;&nbsp;&nbsp;158500 | &nbsp;&nbsp; 171871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Opple Lighting Class A | &nbsp;&nbsp;&nbsp;&nbsp;124199 | &nbsp;&nbsp; 311819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PAX Global Technology | &nbsp;&nbsp;&nbsp;&nbsp;104968 | &nbsp;&nbsp; 80899 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PDD Holdings ADR † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19537 | &nbsp;&nbsp; 2044742 |

---

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | **Value (US $)** |
| &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** |
| &nbsp;&nbsp;China (continued) | &nbsp;&nbsp;China (continued) | &nbsp;&nbsp;China (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Perfect World Class A | &nbsp;&nbsp;&nbsp;&nbsp;637900 | $1350491 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ping An Insurance Group Co. of China Class H | &nbsp;&nbsp;&nbsp;&nbsp;464500 | &nbsp;&nbsp; 2949742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pop Mart International Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67000 | &nbsp;&nbsp; 2275454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Porton Pharma Solutions Class A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53400 | &nbsp;&nbsp; 127287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Postal Savings Bank of China Class H | 2409000 | &nbsp;&nbsp; 1681707 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Proya Cosmetics Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14800 | &nbsp;&nbsp; 170999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SAIC Motor Class A | &nbsp;&nbsp;&nbsp;&nbsp;171100 | &nbsp;&nbsp; 383247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Silergy | &nbsp;&nbsp;&nbsp;&nbsp;193000 | &nbsp;&nbsp; 2348744 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SITC International Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp; 176211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sumec Class A | &nbsp;&nbsp;&nbsp;&nbsp;148500 | &nbsp;&nbsp; 199161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suzhou Gold Mantis Construction Decoration Class A | &nbsp;&nbsp;&nbsp;&nbsp;314300 | &nbsp;&nbsp; 150450 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tencent Holdings | &nbsp;&nbsp;&nbsp;&nbsp;349900 | &nbsp;&nbsp; 22420487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tencent Music Entertainment Group ADR | &nbsp;&nbsp;&nbsp;&nbsp;466871 | &nbsp;&nbsp; 9099316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Time Publishing and Media Class A | &nbsp;&nbsp;&nbsp;&nbsp;115760 | &nbsp;&nbsp; 144104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Topsports International Holdings | &nbsp;&nbsp;&nbsp;&nbsp;409000 | &nbsp;&nbsp; 159433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Universal Scientific Industrial Shanghai Class A | &nbsp;&nbsp;&nbsp;&nbsp;159200 | &nbsp;&nbsp; 325043 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vatti Class A | &nbsp;&nbsp;&nbsp;&nbsp;130300 | &nbsp;&nbsp; 114380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vipshop Holdings ADR | &nbsp;&nbsp;&nbsp;&nbsp;217713 | &nbsp;&nbsp; 3276581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wasu Media Holding Class A | &nbsp;&nbsp;&nbsp;&nbsp;410500 | &nbsp;&nbsp; 454870 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Xiamen Jihong Technology Class A | &nbsp;&nbsp;&nbsp;&nbsp;203300 | &nbsp;&nbsp; 404586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yangzijiang Shipbuilding Holdings | &nbsp;&nbsp;&nbsp;&nbsp;510800 | &nbsp;&nbsp; 891841 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yixintang Pharmaceutical Group Class A | &nbsp;&nbsp;&nbsp;&nbsp;279600 | &nbsp;&nbsp; 637592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yue Yuen Industrial Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21000 | &nbsp;&nbsp; 32156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Hangmin Class A | &nbsp;&nbsp;&nbsp;&nbsp;602400 | &nbsp;&nbsp; 594371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Qianjiang Motorcycle Class A | &nbsp;&nbsp;&nbsp;&nbsp;181200 | &nbsp;&nbsp; 379318 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Semir Garment Class A | 1354878 | &nbsp;&nbsp; 994579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Tianyu Pharmaceutical Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64600 | &nbsp;&nbsp; 209699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zhihu ADR † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5037 | &nbsp;&nbsp; 20047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zhiou Home Furnishing Technology Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45500 | &nbsp;&nbsp; 115885 |
|  |  | &nbsp;&nbsp;123099642 |
| &nbsp;&nbsp;Côte d'Ivoire — 0.12% | &nbsp;&nbsp;Côte d'Ivoire — 0.12% | &nbsp;&nbsp;Côte d'Ivoire — 0.12% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Endeavour Mining | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38485 | &nbsp;&nbsp; 1176973 |
|  |  | &nbsp;&nbsp; 1176973 |
| &nbsp;&nbsp;Czech Republic — 0.03% | &nbsp;&nbsp;Czech Republic — 0.03% | &nbsp;&nbsp;Czech Republic — 0.03% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Komercni Banka | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5365 | &nbsp;&nbsp; 259428 |
|  |  | &nbsp;&nbsp; 259428 |

---

2 NQ- OPTIE [0625] 0825 (4730784)

------

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | **Value (US $)** |
| &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** |
| &nbsp;&nbsp;Denmark — 3.23% | &nbsp;&nbsp;Denmark — 3.23% | &nbsp;&nbsp;Denmark — 3.23% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AP Moller - Maersk Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1649 | $3065637 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Demant † | &nbsp;&nbsp;&nbsp;&nbsp;117756 | &nbsp;&nbsp; 4911961 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DSV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46547 | &nbsp;&nbsp; 11185243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Genmab † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4740 | &nbsp;&nbsp; 984109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Novo Nordisk Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47323 | &nbsp;&nbsp; 3284498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Novonesis Novozymes Class B | &nbsp;&nbsp;&nbsp;&nbsp;110820 | &nbsp;&nbsp; 7945271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pandora | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1089 | &nbsp;&nbsp; 191193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ROCKWOOL Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5930 | &nbsp;&nbsp; 277506 |
|  |  | &nbsp;&nbsp; 31845418 |
| &nbsp;&nbsp;Finland — 0.70% | &nbsp;&nbsp;Finland — 0.70% | &nbsp;&nbsp;Finland — 0.70% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hiab Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2701 | &nbsp;&nbsp; 163536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kone Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65926 | &nbsp;&nbsp; 4339503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orion Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1135 | &nbsp;&nbsp; 84630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orion Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15521 | &nbsp;&nbsp; 1167367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wartsila | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47574 | &nbsp;&nbsp; 1123038 |
|  |  | &nbsp;&nbsp; 6878074 |
| &nbsp;&nbsp;France — 5.36% | &nbsp;&nbsp;France — 5.36% | &nbsp;&nbsp;France — 5.36% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;&nbsp;&nbsp;106427 | &nbsp;&nbsp; 9567909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Danone | &nbsp;&nbsp;&nbsp;&nbsp;112666 | &nbsp;&nbsp; 9205106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dassault Aviation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5825 | &nbsp;&nbsp; 2059840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dassault Systemes | &nbsp;&nbsp;&nbsp;&nbsp;142230 | &nbsp;&nbsp; 5148499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Edenred | &nbsp;&nbsp;&nbsp;&nbsp;191524 | &nbsp;&nbsp; 5931174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Engie | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37987 | &nbsp;&nbsp; 891580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ipsen | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3264 | &nbsp;&nbsp; 388712 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Klepierre | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55271 | &nbsp;&nbsp; 2177161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LVMH Moet Hennessy Louis Vuitton | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7229 | &nbsp;&nbsp; 3785947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nexans | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22939 | &nbsp;&nbsp; 2996628 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sartorius Stedim Biotech | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11334 | &nbsp;&nbsp; 2707560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;&nbsp;&nbsp;139742 | &nbsp;&nbsp; 7991771 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VIEL & Cie | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2063 | &nbsp;&nbsp; 37181 |
|  |  | &nbsp;&nbsp; 52889068 |
| &nbsp;&nbsp;Germany — 7.12% | &nbsp;&nbsp;Germany — 7.12% | &nbsp;&nbsp;Germany — 7.12% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;adidas | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13849 | &nbsp;&nbsp; 3229243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BioNTech ADR † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20727 | &nbsp;&nbsp; 2206804 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Continental | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24790 | &nbsp;&nbsp; 2163822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CTS Eventim AG & Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2856 | &nbsp;&nbsp; 354589 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deutsche Bank | &nbsp;&nbsp;&nbsp;&nbsp;108912 | &nbsp;&nbsp; 3229132 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deutsche Boerse | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67470 | &nbsp;&nbsp; 22006984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deutsche Lufthansa | &nbsp;&nbsp;&nbsp;&nbsp;119609 | &nbsp;&nbsp; 1011615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DWS Group & Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6697 | &nbsp;&nbsp; 396014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HOCHTIEF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1038 | &nbsp;&nbsp; 204560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Knorr-Bremse | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18422 | &nbsp;&nbsp; 1780501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nemetschek | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2836 | &nbsp;&nbsp; 410902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rational | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4809 | &nbsp;&nbsp; 4033310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SAP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45454 | &nbsp;&nbsp; 13822006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scout24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91710 | &nbsp;&nbsp; 12650289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Talanx | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12594 | &nbsp;&nbsp; 1630378 |

---

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | **Value (US $)** |
| &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** |
| &nbsp;&nbsp;Germany (continued) | &nbsp;&nbsp;Germany (continued) | &nbsp;&nbsp;Germany (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trivago ADR † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3049 | $11495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westwing Group † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp; 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zalando † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31532 | &nbsp;&nbsp; 1038150 |
|  |  | &nbsp;&nbsp; 70179813 |
| &nbsp;&nbsp;Greece — 0.01% | &nbsp;&nbsp;Greece — 0.01% | &nbsp;&nbsp;Greece — 0.01% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ElvalHalcor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15723 | &nbsp;&nbsp; 46024 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Thrace Plastics Holding and Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12866 | &nbsp;&nbsp; 57364 |
|  |  | &nbsp;&nbsp; 103388 |
| &nbsp;&nbsp;Hungary — 0.47% | &nbsp;&nbsp;Hungary — 0.47% | &nbsp;&nbsp;Hungary — 0.47% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MOL Hungarian Oil & Gas | &nbsp;&nbsp;&nbsp;&nbsp;157107 | &nbsp;&nbsp; 1367981 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OTP Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38678 | &nbsp;&nbsp; 3089637 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Richter Gedeon | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4713 | &nbsp;&nbsp; 138922 |
|  |  | &nbsp;&nbsp; 4596540 |
| &nbsp;&nbsp;India — 4.28% | &nbsp;&nbsp;India — 4.28% | &nbsp;&nbsp;India — 4.28% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acevector Limited =, †, π | &nbsp;&nbsp;&nbsp;&nbsp;227200 | &nbsp;&nbsp; 73305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acevector Limited Series G =, †, π | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75200 | &nbsp;&nbsp; 24263 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Birlasoft | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67943 | &nbsp;&nbsp; 343439 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canara Bank | &nbsp;&nbsp;&nbsp;&nbsp;407472 | &nbsp;&nbsp; 542599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coal India | &nbsp;&nbsp;&nbsp;&nbsp;658178 | &nbsp;&nbsp; 3008079 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HCL Technologies | &nbsp;&nbsp;&nbsp;&nbsp;210125 | &nbsp;&nbsp; 4235332 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HDFC Bank | &nbsp;&nbsp;&nbsp;&nbsp;377855 | &nbsp;&nbsp; 8818526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ICICI Lombard General Insurance | &nbsp;&nbsp;&nbsp;&nbsp;205680 | &nbsp;&nbsp; 4893054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indian Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23639 | &nbsp;&nbsp; 177361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indus Towers † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65457 | &nbsp;&nbsp; 321408 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Infosys | &nbsp;&nbsp;&nbsp;&nbsp;307117 | &nbsp;&nbsp; 5736241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Infosys ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4522 | &nbsp;&nbsp; 83793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intellect Design Arena | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35930 | &nbsp;&nbsp; 481343 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kirloskar Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1307 | &nbsp;&nbsp; 65329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LTIMindtree | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9156 | &nbsp;&nbsp; 567659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mphasis | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21339 | &nbsp;&nbsp; 707999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nucleus Software Exports | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2228 | &nbsp;&nbsp; 30980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oracle Financial Services Software | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340 | &nbsp;&nbsp; 35625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Power Finance | &nbsp;&nbsp;&nbsp;&nbsp;147642 | &nbsp;&nbsp; 735800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;REC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68397 | &nbsp;&nbsp; 320930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reliance Industries | &nbsp;&nbsp;&nbsp;&nbsp;299435 | &nbsp;&nbsp; 5239414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rupa & Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325 | &nbsp;&nbsp; 837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tata Communications | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5555 | &nbsp;&nbsp; 109507 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tata Consultancy Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29970 | &nbsp;&nbsp; 1209843 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tata Elxsi | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16140 | &nbsp;&nbsp; 1187540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tech Mahindra | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23096 | &nbsp;&nbsp; 454325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wipro | &nbsp;&nbsp;&nbsp;&nbsp;598241 | &nbsp;&nbsp; 1855412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zee Entertainment Enterprises | &nbsp;&nbsp;&nbsp;&nbsp;547795 | &nbsp;&nbsp; 934177 |
|  |  | &nbsp;&nbsp; 42194120 |
| &nbsp;&nbsp;Indonesia — 0.26% | &nbsp;&nbsp;Indonesia — 0.26% | &nbsp;&nbsp;Indonesia — 0.26% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Akasha Wira International † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37900 | &nbsp;&nbsp; 25270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alamtri Resources Indonesia | 12846998 | &nbsp;&nbsp; 1448106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asuransi Tugu Pratama Indonesia | &nbsp;&nbsp;&nbsp;&nbsp;107400 | &nbsp;&nbsp; 6318 |

---

NQ- OPTIE [0625] 0825 (4730784) 3

------

Optimum International Fund

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | **Value (US $)** |
| &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** |
| &nbsp;&nbsp;Indonesia (continued) | &nbsp;&nbsp;Indonesia (continued) | &nbsp;&nbsp;Indonesia (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank OCBC Nisp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83751 | $6938 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blue Bird | &nbsp;&nbsp;&nbsp;&nbsp;479300 | &nbsp;&nbsp; 56979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24300 | &nbsp;&nbsp; 28094 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indo Tambangraya Megah | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16519 | &nbsp;&nbsp; 22385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indo-Rama Synthetics † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28097 | &nbsp;&nbsp; 3582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Perusahaan Gas Negara | 2926720 | &nbsp;&nbsp; 291140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Samudera Indonesia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42480 | &nbsp;&nbsp; 816 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Tractors | &nbsp;&nbsp;&nbsp;&nbsp;482700 | &nbsp;&nbsp; 637753 |
|  |  | &nbsp;&nbsp; 2527381 |
| &nbsp;&nbsp;Ireland — 4.32% | &nbsp;&nbsp;Ireland — 4.32% | &nbsp;&nbsp;Ireland — 4.32% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CRH | &nbsp;&nbsp;&nbsp;&nbsp;113907 | &nbsp;&nbsp; 10494510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Experian | &nbsp;&nbsp;&nbsp;&nbsp;231740 | &nbsp;&nbsp; 11935034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kingspan Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96890 | &nbsp;&nbsp; 8240300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ryanair Holdings ADR | &nbsp;&nbsp;&nbsp;&nbsp;207340 | &nbsp;&nbsp; 11957298 |
|  |  | &nbsp;&nbsp; 42627142 |
| &nbsp;&nbsp;Israel — 1.25% | &nbsp;&nbsp;Israel — 1.25% | &nbsp;&nbsp;Israel — 1.25% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank Hapoalim | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62497 | &nbsp;&nbsp; 1198990 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Check Point Software Technologies † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29365 | &nbsp;&nbsp; 6497006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cognyte Software † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;780 | &nbsp;&nbsp; 7207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nice ADR † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4465 | &nbsp;&nbsp; 754183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oddity Tech Class A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1604 | &nbsp;&nbsp; 121054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wix.com † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23744 | &nbsp;&nbsp; 3762474 |
|  |  | &nbsp;&nbsp; 12340914 |
| &nbsp;&nbsp;Italy — 1.77% | &nbsp;&nbsp;Italy — 1.77% | &nbsp;&nbsp;Italy — 1.77% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A2A | &nbsp;&nbsp;&nbsp;&nbsp;212563 | &nbsp;&nbsp; 572138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banca Mediolanum | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64936 | &nbsp;&nbsp; 1118304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FinecoBank Banca Fineco | &nbsp;&nbsp;&nbsp;&nbsp;408741 | &nbsp;&nbsp; 9068609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Leonardo | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76358 | &nbsp;&nbsp; 4297615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Technoprobe † | &nbsp;&nbsp;&nbsp;&nbsp;263826 | &nbsp;&nbsp; 2305942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unipol Assicurazioni | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6658 | &nbsp;&nbsp; 131955 |
|  |  | &nbsp;&nbsp; 17494563 |
| &nbsp;&nbsp;Japan — 10.37% | &nbsp;&nbsp;Japan — 10.37% | &nbsp;&nbsp;Japan — 10.37% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A&D HOLON Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp; 26287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Achilles | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155 | &nbsp;&nbsp; 1191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Akatsuki | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2700 | &nbsp;&nbsp; 56717 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AlphaPolis | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp; 46967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anest Iwata | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7200 | &nbsp;&nbsp; 68998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avant Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp; 21360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Axell | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1200 | &nbsp;&nbsp; 7883 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Base | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp; 33540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BIPROGY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6700 | &nbsp;&nbsp; 280367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BML | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10600 | &nbsp;&nbsp; 243644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brother Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7600 | &nbsp;&nbsp; 131465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buffalo | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp; 27046 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Business Brain Showa-Ota | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp; 32049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Business Engineering | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1100 | &nbsp;&nbsp; 42929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capcom | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29300 | &nbsp;&nbsp; 1003694 |

---

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | **Value (US $)** |
| &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** |
| &nbsp;&nbsp;Japan (continued) | &nbsp;&nbsp;Japan (continued) | &nbsp;&nbsp;Japan (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Computer Engineering & Consulting | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4100 | $62409 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Daihatsu Infinearth Mfg | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;998 | &nbsp;&nbsp; 15863 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dai-ichi Life Holdings | &nbsp;&nbsp;&nbsp;&nbsp;102800 | &nbsp;&nbsp; 782395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Daiwa Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4700 | &nbsp;&nbsp; 54179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Densan System Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp; 27468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digital Hearts Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp; 24329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Doshisha | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3300 | &nbsp;&nbsp; 56786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Double Standard | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2300 | &nbsp;&nbsp; 24964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eisai | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60200 | &nbsp;&nbsp; 1734034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Elecom | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23100 | &nbsp;&nbsp; 290344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;en Japan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24100 | &nbsp;&nbsp; 278814 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fabrica Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp; 34131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FANUC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92800 | &nbsp;&nbsp; 2539023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fibergate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp; 17499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forum Engineering | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7400 | &nbsp;&nbsp; 62487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fujitsu | &nbsp;&nbsp;&nbsp;&nbsp;167010 | &nbsp;&nbsp; 4076526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gakujo | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2600 | &nbsp;&nbsp; 31867 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Galilei | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2200 | &nbsp;&nbsp; 46596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Glory | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4600 | &nbsp;&nbsp; 107425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hisamitsu Pharmaceutical | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4900 | &nbsp;&nbsp; 139645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hokko Chemical Industry | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3100 | &nbsp;&nbsp; 29707 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ichiken | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3100 | &nbsp;&nbsp; 67380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ichikoh Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9200 | &nbsp;&nbsp; 23127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ID Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp; 49415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Itfor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8900 | &nbsp;&nbsp; 92705 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JAC Recruitment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21439 | &nbsp;&nbsp; 150812 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Japan Exchange Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54000 | &nbsp;&nbsp; 547668 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Japan Medical Dynamic Marketing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14400 | &nbsp;&nbsp; 56898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Japan Post Holdings | &nbsp;&nbsp;&nbsp;&nbsp;104500 | &nbsp;&nbsp; 969131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Japan Post Insurance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13500 | &nbsp;&nbsp; 305708 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Japan System Techniques | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19600 | &nbsp;&nbsp; 263230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JGC Holdings Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp; 60737 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JK Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3600 | &nbsp;&nbsp; 29699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kanamoto | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3900 | &nbsp;&nbsp; 87747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Keyence | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8900 | &nbsp;&nbsp; 3574709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kitz | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp; 65887 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNT-CT Holdings † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5100 | &nbsp;&nbsp; 35345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kyowa Kirin | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11600 | &nbsp;&nbsp; 198603 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lasertec | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22900 | &nbsp;&nbsp; 3086622 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LIFULL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13500 | &nbsp;&nbsp; 17999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marvelous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp; 31811 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maxell | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9300 | &nbsp;&nbsp; 122769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mazda Motor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69000 | &nbsp;&nbsp; 416573 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Miroku Jyoho Service | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14900 | &nbsp;&nbsp; 185623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mitani Sangyo | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10400 | &nbsp;&nbsp; 25205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Research Institute | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6400 | &nbsp;&nbsp; 203548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MIXI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19200 | &nbsp;&nbsp; 463984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Money Forward † | &nbsp;&nbsp;&nbsp;&nbsp;108600 | &nbsp;&nbsp; 3699059 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MonotaRO | &nbsp;&nbsp;&nbsp;&nbsp;275600 | &nbsp;&nbsp; 5444825 |

---

4 NQ- OPTIE [0625] 0825 (4730784)

------

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | **Value (US $)** |
| &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** |
| &nbsp;&nbsp;Japan (continued) | &nbsp;&nbsp;Japan (continued) | &nbsp;&nbsp;Japan (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Moriroku | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | $72404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NEC | &nbsp;&nbsp;&nbsp;&nbsp;136500 | &nbsp;&nbsp; 3999122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NEOJAPAN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp; 44478 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nexon | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34400 | &nbsp;&nbsp; 695143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nihon M&A Center Holdings | &nbsp;&nbsp;&nbsp;&nbsp;875500 | &nbsp;&nbsp; 4446656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nintendo | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67800 | &nbsp;&nbsp; 6534940 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nippon Shinyaku | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp; 117971 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nisso Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14500 | &nbsp;&nbsp; 65248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Obic | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26600 | &nbsp;&nbsp; 1036440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OBIC Business Consultants | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp; 35570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Okinawa Financial Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp; 78365 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Olympus | &nbsp;&nbsp;&nbsp;&nbsp;255300 | &nbsp;&nbsp; 3040446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ono Pharmaceutical | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13200 | &nbsp;&nbsp; 142903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Optim † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3900 | &nbsp;&nbsp; 14679 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1600 | &nbsp;&nbsp; 33143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Osaki Electric | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12200 | &nbsp;&nbsp; 81246 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Otsuka | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72800 | &nbsp;&nbsp; 1484512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PR Times | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2200 | &nbsp;&nbsp; 35749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Recruit Holdings | &nbsp;&nbsp;&nbsp;&nbsp;181100 | &nbsp;&nbsp; 10733575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rheon Automatic Machinery | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp; 38811 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ricoh | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46300 | &nbsp;&nbsp; 439031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sansan † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp; 66748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Santen Pharmaceutical | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13200 | &nbsp;&nbsp; 151520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SCREEN Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10900 | &nbsp;&nbsp; 890136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seiko Epson | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp; 73063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sekisui Kasei | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7100 | &nbsp;&nbsp; 16221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shikoku Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp; 34718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shimano | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41500 | &nbsp;&nbsp; 6024496 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shindengen Electric Manufacturing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp; 21388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shinnihonseiyaku | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp; 40433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SMC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9100 | &nbsp;&nbsp; 3288525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SMK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp; 20339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SMS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9100 | &nbsp;&nbsp; 93746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sodick | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12100 | &nbsp;&nbsp; 83017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SoftBank Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15200 | &nbsp;&nbsp; 1109878 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Softcreate Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2100 | &nbsp;&nbsp; 32068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sony Group | &nbsp;&nbsp;&nbsp;&nbsp;370200 | &nbsp;&nbsp; 9588875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SRA Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3400 | &nbsp;&nbsp; 107545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Star Micronics | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7200 | &nbsp;&nbsp; 84297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subaru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22100 | &nbsp;&nbsp; 386046 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Mitsui Financial Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81300 | &nbsp;&nbsp; 2051625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;System Research | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4200 | &nbsp;&nbsp; 57135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;T&D Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4800 | &nbsp;&nbsp; 105663 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tamura | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8100 | &nbsp;&nbsp; 26943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33600 | &nbsp;&nbsp; 1128827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tochigi Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15400 | &nbsp;&nbsp; 43204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tokio Marine Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12000 | &nbsp;&nbsp; 509232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tokyo Electron | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14600 | &nbsp;&nbsp; 2806347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toli | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12100 | &nbsp;&nbsp; 41760 |

---

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | **Value (US $)** |
| &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** |
| &nbsp;&nbsp;Japan (continued) | &nbsp;&nbsp;Japan (continued) | &nbsp;&nbsp;Japan (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Topy Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | $47186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toyo Engineering | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6200 | &nbsp;&nbsp; 33539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toyo Kanetsu | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2900 | &nbsp;&nbsp; 79747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trend Micro | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34500 | &nbsp;&nbsp; 2390240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tsubakimoto Chain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13800 | &nbsp;&nbsp; 172206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ubicom Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4200 | &nbsp;&nbsp; 27824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unicharm | &nbsp;&nbsp;&nbsp;&nbsp;591500 | &nbsp;&nbsp; 4273850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;User Local | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2200 | &nbsp;&nbsp; 28981 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ValueCommerce | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2400 | &nbsp;&nbsp; 12983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vector | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7200 | &nbsp;&nbsp; 54548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wowow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;888 | &nbsp;&nbsp; 6228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Xebio Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp; 28211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yamaichi Electronics | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp; 74247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yushin | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6700 | &nbsp;&nbsp; 27543 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zacros | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp; 33943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zenrin | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14400 | &nbsp;&nbsp; 102696 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ZIGExN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29300 | &nbsp;&nbsp; 98681 |
|  |  | &nbsp;&nbsp;102284327 |
| &nbsp;&nbsp;Kazakhstan — 0.40% | &nbsp;&nbsp;Kazakhstan — 0.40% | &nbsp;&nbsp;Kazakhstan — 0.40% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kaspi.KZ JSC ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46648 | &nbsp;&nbsp; 3959949 |
|  |  | &nbsp;&nbsp; 3959949 |
| &nbsp;&nbsp;Malaysia — 0.08% | &nbsp;&nbsp;Malaysia — 0.08% | &nbsp;&nbsp;Malaysia — 0.08% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hap Seng Plantations Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6900 | &nbsp;&nbsp; 2950 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Heineken Malaysia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10400 | &nbsp;&nbsp; 62244 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hong Leong Bank | &nbsp;&nbsp;&nbsp;&nbsp;128300 | &nbsp;&nbsp; 597240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lingkaran Trans Kota Holdings =, † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42600 | &nbsp;&nbsp; 37 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magni-Tech Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32900 | &nbsp;&nbsp; 16956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petronas Dagangan † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5600 | &nbsp;&nbsp; 28622 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RHB Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34300 | &nbsp;&nbsp; 51322 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ta Ann Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49000 | &nbsp;&nbsp; 43408 |
|  |  | &nbsp;&nbsp; 802779 |
| &nbsp;&nbsp;Mexico — 0.12% | &nbsp;&nbsp;Mexico — 0.12% | &nbsp;&nbsp;Mexico — 0.12% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fresnillo | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60094 | &nbsp;&nbsp; 1187828 |
|  |  | &nbsp;&nbsp; 1187828 |
| &nbsp;&nbsp;Monaco — 0.02% | &nbsp;&nbsp;Monaco — 0.02% | &nbsp;&nbsp;Monaco — 0.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Costamare | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20632 | &nbsp;&nbsp; 187958 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Costamare Bulkers Holdings † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1820 | &nbsp;&nbsp; 15779 |
|  |  | &nbsp;&nbsp; 203737 |
| &nbsp;&nbsp;Netherlands — 6.07% | &nbsp;&nbsp;Netherlands — 6.07% | &nbsp;&nbsp;Netherlands — 6.07% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ABN AMRO Bank CVA | &nbsp;&nbsp;&nbsp;&nbsp;140004 | &nbsp;&nbsp; 3832687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adyen † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4602 | &nbsp;&nbsp; 8447971 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aegon | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56870 | &nbsp;&nbsp; 411739 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ASML Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12299 | &nbsp;&nbsp; 9830511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Euronext | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22054 | &nbsp;&nbsp; 3769482 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EXOR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43850 | &nbsp;&nbsp; 4421506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Heineken Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6866 | &nbsp;&nbsp; 511554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IMCD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38397 | &nbsp;&nbsp; 5158452 |

---

NQ- OPTIE [0625] 0825 (4730784) 5

------

Optimum International Fund

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | **Value (US $)** |
| &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** |
| &nbsp;&nbsp;Netherlands (continued) | &nbsp;&nbsp;Netherlands (continued) | &nbsp;&nbsp;Netherlands (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ING Groep | &nbsp;&nbsp;&nbsp;&nbsp;135360 | $2969865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Koninklijke Ahold Delhaize | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14117 | &nbsp;&nbsp; 590334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NN Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32313 | &nbsp;&nbsp; 2147520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Topicus.com † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57059 | &nbsp;&nbsp; 7148769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wolters Kluwer | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63646 | &nbsp;&nbsp; 10642248 |
|  |  | &nbsp;&nbsp; 59882638 |
| &nbsp;&nbsp;Norway — 0.18% | &nbsp;&nbsp;Norway — 0.18% | &nbsp;&nbsp;Norway — 0.18% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DNB Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60564 | &nbsp;&nbsp; 1674021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Norconsult Norge | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12574 | &nbsp;&nbsp; 56761 |
|  |  | &nbsp;&nbsp; 1730782 |
| &nbsp;&nbsp;Panama — 0.33% | &nbsp;&nbsp;Panama — 0.33% | &nbsp;&nbsp;Panama — 0.33% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Copa Holdings Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30006 | &nbsp;&nbsp; 3299760 |
|  |  | &nbsp;&nbsp; 3299760 |
| &nbsp;&nbsp;Peru — 0.14% | &nbsp;&nbsp;Peru — 0.14% | &nbsp;&nbsp;Peru — 0.14% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credicorp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5169 | &nbsp;&nbsp; 1155375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intercorp Financial Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5386 | &nbsp;&nbsp; 205368 |
|  |  | &nbsp;&nbsp; 1360743 |
| &nbsp;&nbsp;Philippines — 0.02% | &nbsp;&nbsp;Philippines — 0.02% | &nbsp;&nbsp;Philippines — 0.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ginebra San Miguel | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31190 | &nbsp;&nbsp; 160574 |
|  |  | &nbsp;&nbsp; 160574 |
| &nbsp;&nbsp;Poland — 1.39% | &nbsp;&nbsp;Poland — 1.39% | &nbsp;&nbsp;Poland — 1.39% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11 bit studios † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;913 | &nbsp;&nbsp; 53549 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allegro.eu † | &nbsp;&nbsp;&nbsp;&nbsp;107738 | &nbsp;&nbsp; 1033933 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank Millennium † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1256 | &nbsp;&nbsp; 4983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank Polska Kasa Opieki | &nbsp;&nbsp;&nbsp;&nbsp;108024 | &nbsp;&nbsp; 5544534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CD Projekt | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14946 | &nbsp;&nbsp; 1164381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dino Polska † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10737 | &nbsp;&nbsp; 1566902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inter Cars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;753 | &nbsp;&nbsp; 117201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ORLEN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74073 | &nbsp;&nbsp; 1687237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Powszechny Zaklad Ubezpieczen | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88044 | &nbsp;&nbsp; 1538910 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tauron Polska Energia † | &nbsp;&nbsp;&nbsp;&nbsp;109198 | &nbsp;&nbsp; 254851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unimot | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246 | &nbsp;&nbsp; 9719 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wirtualna Polska Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1074 | &nbsp;&nbsp; 23778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XTB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31993 | &nbsp;&nbsp; 723057 |
|  |  | &nbsp;&nbsp; 13723035 |
| &nbsp;&nbsp;Russia — 0.00% | &nbsp;&nbsp;Russia — 0.00% | &nbsp;&nbsp;Russia — 0.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GMK Norilskiy Nickel =, † | 1009500 | &nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MMC Norilsk Nickel PJSC ADR =, † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 | &nbsp;&nbsp; 0 |
|  |  | &nbsp;&nbsp; 0 |
| &nbsp;&nbsp;Singapore — 1.96% | &nbsp;&nbsp;Singapore — 1.96% | &nbsp;&nbsp;Singapore — 1.96% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CNMC Goldmine Holdings | &nbsp;&nbsp;&nbsp;&nbsp;174700 | &nbsp;&nbsp; 57707 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hafnia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18900 | &nbsp;&nbsp; 94955 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Samudera Shipping Line | &nbsp;&nbsp;&nbsp;&nbsp;237400 | &nbsp;&nbsp; 155902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sea ADR † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90692 | &nbsp;&nbsp; 14505278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Singapore Exchange | &nbsp;&nbsp;&nbsp;&nbsp;162097 | &nbsp;&nbsp; 1896975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Singapore Telecommunications | &nbsp;&nbsp;&nbsp;&nbsp;848900 | &nbsp;&nbsp; 2550372 |

---

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | **Value (US $)** |
| &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** |
| &nbsp;&nbsp;Singapore (continued) | &nbsp;&nbsp;Singapore (continued) | &nbsp;&nbsp;Singapore (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STMicroelectronics | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1005 | $30562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UOB-Kay Hian Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26500 | &nbsp;&nbsp; 43559 |
|  |  | &nbsp;&nbsp; 19335310 |
| &nbsp;&nbsp;South Africa — 0.71% | &nbsp;&nbsp;South Africa — 0.71% | &nbsp;&nbsp;South Africa — 0.71% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Discovery | &nbsp;&nbsp;&nbsp;&nbsp;569095 | &nbsp;&nbsp; 6904843 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Thungela Resources | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16468 | &nbsp;&nbsp; 78871 |
|  |  | &nbsp;&nbsp; 6983714 |
| &nbsp;&nbsp;South Korea — 3.16% | &nbsp;&nbsp;South Korea — 3.16% | &nbsp;&nbsp;South Korea — 3.16% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BNK Financial Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55107 | &nbsp;&nbsp; 508360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coupang † | &nbsp;&nbsp;&nbsp;&nbsp;197791 | &nbsp;&nbsp; 5925818 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crown Confectionery | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1504 | &nbsp;&nbsp; 9807 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eugene Technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3281 | &nbsp;&nbsp; 95056 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exem † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20232 | &nbsp;&nbsp; 32980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hana Financial Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56438 | &nbsp;&nbsp; 3608921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HyVision System | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3049 | &nbsp;&nbsp; 33097 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Innox Advanced Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5522 | &nbsp;&nbsp; 92674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JB Financial Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22329 | &nbsp;&nbsp; 339998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jin Air † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8976 | &nbsp;&nbsp; 61387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KB Financial Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18646 | &nbsp;&nbsp; 1532188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Korean Reinsurance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1886 | &nbsp;&nbsp; 14310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14694 | &nbsp;&nbsp; 606443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LG Electronics | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22703 | &nbsp;&nbsp; 1241465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LG Innotek | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2118 | &nbsp;&nbsp; 231323 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LOT Vacuum † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3978 | &nbsp;&nbsp; 27943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NAVER | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19145 | &nbsp;&nbsp; 3723742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCSoft | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1283 | &nbsp;&nbsp; 196310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PSK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24845 | &nbsp;&nbsp; 356585 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sambo Corrugated Board | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;807 | &nbsp;&nbsp; 5956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Samsung Electronics | &nbsp;&nbsp;&nbsp;&nbsp;215137 | &nbsp;&nbsp; 9532597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SeAH Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268 | &nbsp;&nbsp; 24683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shinhan Financial Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21646 | &nbsp;&nbsp; 984784 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SK Hynix | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1371 | &nbsp;&nbsp; 296630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Systems Technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6018 | &nbsp;&nbsp; 85080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3012 | &nbsp;&nbsp; 56575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Union Semiconductor Equipment & Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11300 | &nbsp;&nbsp; 51242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Woori Financial Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82927 | &nbsp;&nbsp; 1379454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zeus | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13585 | &nbsp;&nbsp; 129146 |
|  |  | &nbsp;&nbsp; 31184554 |
| &nbsp;&nbsp;Spain — 1.70% | &nbsp;&nbsp;Spain — 1.70% | &nbsp;&nbsp;Spain — 1.70% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amadeus IT Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93133 | &nbsp;&nbsp; 7841786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Bilbao Vizcaya Argentaria | &nbsp;&nbsp;&nbsp;&nbsp;346599 | &nbsp;&nbsp; 5330047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Santander | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74259 | &nbsp;&nbsp; 614676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CaixaBank | &nbsp;&nbsp;&nbsp;&nbsp;318685 | &nbsp;&nbsp; 2760655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Logista Integral | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5763 | &nbsp;&nbsp; 188721 |
|  |  | &nbsp;&nbsp; 16735885 |
| &nbsp;&nbsp;Sweden — 1.66% | &nbsp;&nbsp;Sweden — 1.66% | &nbsp;&nbsp;Sweden — 1.66% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Atlas Copco Class B | &nbsp;&nbsp;&nbsp;&nbsp;539536 | &nbsp;&nbsp; 7667412 |

---

6 NQ- OPTIE [0625] 0825 (4730784)

------

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | **Value (US $)** |
| &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** |
| &nbsp;&nbsp;Sweden (continued) | &nbsp;&nbsp;Sweden (continued) | &nbsp;&nbsp;Sweden (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Careium † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;276 | $904 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Instalco | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115 | &nbsp;&nbsp; 295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MIPS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41887 | &nbsp;&nbsp; 1962215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Paradox Interactive | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 | &nbsp;&nbsp; 80 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SSAB Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48058 | &nbsp;&nbsp; 283851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telefonaktiebolaget LM Ericsson ADR | &nbsp;&nbsp;&nbsp;&nbsp;759912 | &nbsp;&nbsp; 6444054 |
|  |  | &nbsp;&nbsp; 16358811 |
| &nbsp;&nbsp;Switzerland — 5.47% | &nbsp;&nbsp;Switzerland — 5.47% | &nbsp;&nbsp;Switzerland — 5.47% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ABB | &nbsp;&nbsp;&nbsp;&nbsp;134424 | &nbsp;&nbsp; 8015123 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cie Financiere Richemont Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27106 | &nbsp;&nbsp; 5105541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Logitech International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70957 | &nbsp;&nbsp; 6388768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Novartis | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33150 | &nbsp;&nbsp; 4017941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Roche Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62404 | &nbsp;&nbsp; 20322886 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sandoz Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93225 | &nbsp;&nbsp; 5101556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Schindler Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11254 | &nbsp;&nbsp; 4184171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zehnder Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9183 | &nbsp;&nbsp; 775425 |
|  |  | &nbsp;&nbsp; 53911411 |
| &nbsp;&nbsp;Taiwan — 6.45% | &nbsp;&nbsp;Taiwan — 6.45% | &nbsp;&nbsp;Taiwan — 6.45% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anpec Electronics | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19000 | &nbsp;&nbsp; 116425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arcadyan Technology | &nbsp;&nbsp;&nbsp;&nbsp;224000 | &nbsp;&nbsp; 1537450 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asustek Computer | &nbsp;&nbsp;&nbsp;&nbsp;298000 | &nbsp;&nbsp; 6569629 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Azurewave Technologies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16000 | &nbsp;&nbsp; 32316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Airlines | &nbsp;&nbsp;&nbsp;&nbsp;562000 | &nbsp;&nbsp; 415555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ChipMOS Technologies | 1161000 | &nbsp;&nbsp; 1071099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Compal Electronics | &nbsp;&nbsp;&nbsp;&nbsp;235000 | &nbsp;&nbsp; 233295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Elan Microelectronics | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46000 | &nbsp;&nbsp; 191326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ennoconn | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47000 | &nbsp;&nbsp; 463371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Evergreen Marine Taiwan | &nbsp;&nbsp;&nbsp;&nbsp;458000 | &nbsp;&nbsp; 3120019 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Everlight Electronics | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59000 | &nbsp;&nbsp; 141784 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Genesys Logic | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51000 | &nbsp;&nbsp; 260133 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Games System | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63000 | &nbsp;&nbsp; 1850404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ITE Technology | &nbsp;&nbsp;&nbsp;&nbsp;136000 | &nbsp;&nbsp; 656443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MediaTek | &nbsp;&nbsp;&nbsp;&nbsp;174000 | &nbsp;&nbsp; 7445570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Novatek Microelectronics | &nbsp;&nbsp;&nbsp;&nbsp;177000 | &nbsp;&nbsp; 3302239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nuvoton Technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28000 | &nbsp;&nbsp; 69300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pegatron | &nbsp;&nbsp;&nbsp;&nbsp;263000 | &nbsp;&nbsp; 691442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phison Electronics | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp; 688758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pixart Imaging | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26000 | &nbsp;&nbsp; 204265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pou Chen | &nbsp;&nbsp;&nbsp;&nbsp;327000 | &nbsp;&nbsp; 346455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Radiant Opto-Electronics | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11000 | &nbsp;&nbsp; 50647 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Realtek Semiconductor | &nbsp;&nbsp;&nbsp;&nbsp;184000 | &nbsp;&nbsp; 3571409 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Silicon Motion Technology ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2181 | &nbsp;&nbsp; 163946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sitronix Technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp; 138642 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sonix Technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp; 22662 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taiwan Puritic | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4770 | &nbsp;&nbsp; 64254 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing | &nbsp;&nbsp;&nbsp;&nbsp;789000 | &nbsp;&nbsp; 28630015 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ventec International Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36000 | &nbsp;&nbsp; 88114 |

---

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | **Value (US $)** |
| &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** |
| &nbsp;&nbsp;Taiwan (continued) | &nbsp;&nbsp;Taiwan (continued) | &nbsp;&nbsp;Taiwan (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wan Hai Lines | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23000 | $70074 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Weblink International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp; 50236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Winbond Electronics † | 1235000 | &nbsp;&nbsp; 851885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yang Ming Marine Transport | &nbsp;&nbsp;&nbsp;&nbsp;199000 | &nbsp;&nbsp; 484352 |
|  |  | &nbsp;&nbsp; 63593514 |
| &nbsp;&nbsp;Thailand — 0.78% | &nbsp;&nbsp;Thailand — 0.78% | &nbsp;&nbsp;Thailand — 0.78% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bangkok Bank NVDR | &nbsp;&nbsp;&nbsp;&nbsp;887100 | &nbsp;&nbsp; 3793037 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charoen Pokphand Foods NVDR | &nbsp;&nbsp;&nbsp;&nbsp;149900 | &nbsp;&nbsp; 106055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kasikornbank NVDR | &nbsp;&nbsp;&nbsp;&nbsp;141247 | &nbsp;&nbsp; 666941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PETCHSRIVICHAI ENTERPRISE NVDR | &nbsp;&nbsp;&nbsp;&nbsp;404000 | &nbsp;&nbsp; 33057 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PTT Exploration & Production NVDR | &nbsp;&nbsp;&nbsp;&nbsp;905000 | &nbsp;&nbsp; 3048333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Susco NVDR | &nbsp;&nbsp;&nbsp;&nbsp;219300 | &nbsp;&nbsp; 17269 |
|  |  | &nbsp;&nbsp; 7664692 |
| &nbsp;&nbsp;Türkiye — 0.02% | &nbsp;&nbsp;Türkiye — 0.02% | &nbsp;&nbsp;Türkiye — 0.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sok Marketler Ticaret | &nbsp;&nbsp;&nbsp;&nbsp;130250 | &nbsp;&nbsp; 113836 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Teknosa Ic Ve Dis Ticaret † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94724 | &nbsp;&nbsp; 51861 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TSKB Gayrimenkul Yatirim Ortakligi † | &nbsp;&nbsp;&nbsp;&nbsp;189904 | &nbsp;&nbsp; 31096 |
|  |  | &nbsp;&nbsp; 196793 |
| &nbsp;&nbsp;United Arab Emirates — 1.57% | &nbsp;&nbsp;United Arab Emirates — 1.57% | &nbsp;&nbsp;United Arab Emirates — 1.57% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Abu Dhabi Commercial Bank PJSC | &nbsp;&nbsp;&nbsp;&nbsp;502384 | &nbsp;&nbsp; 1843962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ADNOC Drilling PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19024 | &nbsp;&nbsp; 29526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aldar Properties PJSC | &nbsp;&nbsp;&nbsp;&nbsp;372801 | &nbsp;&nbsp; 905458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dubai Islamic Bank PJSC | &nbsp;&nbsp;&nbsp;&nbsp;395091 | &nbsp;&nbsp; 975733 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emaar Properties PJSC | 1850414 | &nbsp;&nbsp; 6852265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emirates NBD Bank PJSC | &nbsp;&nbsp;&nbsp;&nbsp;344711 | &nbsp;&nbsp; 2140013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emirates Telecommunications Group PJSC | &nbsp;&nbsp;&nbsp;&nbsp;162480 | &nbsp;&nbsp; 778644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Abu Dhabi Bank PJSC | &nbsp;&nbsp;&nbsp;&nbsp;366903 | &nbsp;&nbsp; 1658386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orascom Construction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1344 | &nbsp;&nbsp; 8969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Salik PJSC | &nbsp;&nbsp;&nbsp;&nbsp;162208 | &nbsp;&nbsp; 267211 |
|  |  | &nbsp;&nbsp; 15460167 |
| &nbsp;&nbsp;United Kingdom — 2.61% | &nbsp;&nbsp;United Kingdom — 2.61% | &nbsp;&nbsp;United Kingdom — 2.61% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AJ Bell | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5283 | &nbsp;&nbsp; 37056 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AO World † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43489 | &nbsp;&nbsp; 57785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AstraZeneca ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3060 | &nbsp;&nbsp; 213833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B&M European Value Retail | &nbsp;&nbsp;&nbsp;&nbsp;587297 | &nbsp;&nbsp; 2187900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barclays ADR | &nbsp;&nbsp;&nbsp;&nbsp;229334 | &nbsp;&nbsp; 4263319 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Centrica | &nbsp;&nbsp;&nbsp;&nbsp;955870 | &nbsp;&nbsp; 2119657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Costain Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9855 | &nbsp;&nbsp; 20048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gamma Communications | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14726 | &nbsp;&nbsp; 230031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gem Diamonds † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5047 | &nbsp;&nbsp; 443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greggs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19 | &nbsp;&nbsp; 501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Consolidated Airlines Group | &nbsp;&nbsp;&nbsp;&nbsp;608177 | &nbsp;&nbsp; 2848386 |

---

NQ- OPTIE [0625] 0825 (4730784) 7

------

Optimum International Fund

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | **Value (US $)** |
| &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** | &nbsp;&nbsp;**Common StocksΔ (continued)** |
| &nbsp;&nbsp;United Kingdom (continued) | &nbsp;&nbsp;United Kingdom (continued) | &nbsp;&nbsp;United Kingdom (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investec | &nbsp;&nbsp;&nbsp;&nbsp;289188 | $2158976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NatWest Group | &nbsp;&nbsp;&nbsp;&nbsp;426077 | &nbsp;&nbsp; 2990946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sage Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69010 | &nbsp;&nbsp; 1184556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Standard Chartered | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57911 | &nbsp;&nbsp; 959463 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unilever | &nbsp;&nbsp;&nbsp;&nbsp;105777 | &nbsp;&nbsp; 6424870 |
|  |  | &nbsp;&nbsp; 25697770 |
| &nbsp;&nbsp;United States — 1.85% | &nbsp;&nbsp;United States — 1.85% | &nbsp;&nbsp;United States — 1.85% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Atlassian Class A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2832 | &nbsp;&nbsp; 575151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GSK ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20760 | &nbsp;&nbsp; 797184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JBS BDR † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85650 | &nbsp;&nbsp; 1247601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Monday.com † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8679 | &nbsp;&nbsp; 2729372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spotify Technology † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16828 | &nbsp;&nbsp; 12912797 |
|  |  | &nbsp;&nbsp; 18262105 |
| &nbsp;&nbsp;&nbsp;**Total Common Stocks<br> (cost $793,889,361)** | &nbsp;&nbsp;&nbsp;**Total Common Stocks<br> (cost $793,889,361)** | &nbsp;&nbsp;**975364916** |
| &nbsp;&nbsp;**Exchange-Traded Funds — 0.19%** | &nbsp;&nbsp;**Exchange-Traded Funds — 0.19%** | &nbsp;&nbsp;**Exchange-Traded Funds — 0.19%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iShares MSCI Canada ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3307 | &nbsp;&nbsp; 152783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iShares MSCI EAFE ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10430 | &nbsp;&nbsp; 932338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iShares MSCI Emerging Markets ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16391 | &nbsp;&nbsp; 790702 |
| &nbsp;&nbsp;&nbsp;**Total Exchange-Traded Funds<br> (cost $1,753,713)** | &nbsp;&nbsp;&nbsp;**Total Exchange-Traded Funds<br> (cost $1,753,713)** | &nbsp;&nbsp; **1875823** |
| &nbsp;&nbsp;**Rights — 0.01%Δ** | &nbsp;&nbsp;**Rights — 0.01%Δ** | &nbsp;&nbsp;**Rights — 0.01%Δ** |
| &nbsp;&nbsp;Malaysia — 0.01% | &nbsp;&nbsp;Malaysia — 0.01% | &nbsp;&nbsp;Malaysia — 0.01% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;YTL † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48900 | &nbsp;&nbsp; 9523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;YTL Power International † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52326 | &nbsp;&nbsp; 19014 |
| &nbsp;&nbsp;&nbsp;**Total Rights<br> (cost $0)** | &nbsp;&nbsp;&nbsp;**Total Rights<br> (cost $0)** | &nbsp;&nbsp; **28537** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Warrants — 0.00%Δ** | &nbsp;&nbsp;**Warrants — 0.00%Δ** | &nbsp;&nbsp;**Warrants — 0.00%Δ** |
| &nbsp;&nbsp;Canada — 0.00% | &nbsp;&nbsp;Canada — 0.00% | &nbsp;&nbsp;Canada — 0.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Constellation Software =, † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;&nbsp;**Total Warrants<br> (cost $0)** | &nbsp;&nbsp;&nbsp;**Total Warrants<br> (cost $0)** | **0** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Short-Term Investments — 0.45%** | &nbsp;&nbsp;**Short-Term Investments — 0.45%** | &nbsp;&nbsp;**Short-Term Investments — 0.45%** |
| &nbsp;&nbsp;Money Market Mutual Funds — 0.45% | &nbsp;&nbsp;Money Market Mutual Funds — 0.45% | &nbsp;&nbsp;Money Market Mutual Funds — 0.45% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BlackRock Liquidity FedFund – Institutional Shares (seven-day effective yield 4.22%) | 1117099 | &nbsp;&nbsp;&nbsp;&nbsp;1117100 |

---

---

| | | |
|:---|:---|:---|
|  | **Number ofshares** | **Value (US $)** |
| &nbsp;&nbsp;**Short-Term Investments (continued)** | &nbsp;&nbsp;**Short-Term Investments (continued)** | &nbsp;&nbsp;**Short-Term Investments (continued)** |
| &nbsp;&nbsp;Money Market Mutual Funds (continued) | &nbsp;&nbsp;Money Market Mutual Funds (continued) | &nbsp;&nbsp;Money Market Mutual Funds (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 4.23%) | 1117100 | $1117100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Financial Square Government Fund – Institutional Shares (seven-day effective yield 4.30%) | 1117100 | &nbsp;&nbsp; 1117100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Institutional Liquidity Funds Government Portfolio – Institutional Class (seven-day effective yield 4.23%) | 1117100 | &nbsp;&nbsp; 1117100 |
| &nbsp;&nbsp;&nbsp;**Total Short-Term Investments<br> (cost $4,468,400)** | &nbsp;&nbsp;&nbsp;**Total Short-Term Investments<br> (cost $4,468,400)** | &nbsp;&nbsp; **4468400** |
| &nbsp;&nbsp;&nbsp;**Total Value of Securities—99.58%<br> (cost $800,111,474)** |  | &nbsp;&nbsp;**981737676** |
| &nbsp;&nbsp;&nbsp;**Receivables and Other Assets Net of Liabilities — 0.42%** |  | &nbsp;&nbsp; **4174733** |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;**Net Assets Applicable to 65,590,250 Shares Outstanding — 100.00%** | **$985912409** |

---

---

| |
|:---|
| Securities have been classified by country of risk. |
| Non-income producing security. |
| The value of this security was determined using significant unobservable inputs and is reported as a Level 3 security. |
| Restricted security. These investments are in securities not registered under the Securities Act of 1933, as amended, and have certain restrictions on resale which may limit their liquidity. At June 30, 2025, the aggregate value of restricted securities was $97,568, which represented 0.01%% of the Fund's net assets. See table table below for additional details on restricted securities. |

---

---

| | | | |
|:---|:---|:---|:---|
| **Restricted Securities** |  |  |  |
| Investments | Date of Acquisition | Cost | Value |
| Acevector Limited | &nbsp;&nbsp;&nbsp;5/7/14 | &nbsp;&nbsp;&nbsp;$999482 | $73305 |
| Acevector Limited Series G | 8/13/14 | &nbsp;&nbsp;&nbsp;&nbsp;396443 | &nbsp;&nbsp;&nbsp;24263 |
| Total |  | $1395925 | $97568 |

---

---

| |
|:---|
| **Summary of abbreviations:** |
| ADR – American Depositary Receipt |
| AG – Aktiengesellschaft |
| BDR – Brazilian Depositary Receipt |
| CVA – Certified Dutch Certificate |

---

8 NQ- OPTIE [0625] 0825 (4730784)

------

---

| |
|:---|
| **Summary of abbreviations: (continued)** |
| EAFE – Europe, Australasia, and Far East |
| ETF – Exchange-Traded Fund |
| JSC – Joint Stock Company |

---

---

| |
|:---|
| **Summary of abbreviations: (continued)** |
| MSCI – Morgan Stanley Capital International |
| NVDR – Non-Voting Depositary Receipt |
| PJSC – Private Joint Stock Company |

---

NQ- OPTIE [0625] 0825 (4730784) 9

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Optimum Fund Trust

- **b. Investment Company Act file number:** 811-21335

- **c. CIK number of Registrant:** 0001227523

- **d. LEI of Registrant:** 54930035OPW530FG2N40

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

  - **Street Address 1:** 100 Independence

  - **City:** Philadelphia

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19106

  - **Telephone number:** 215-255-1200

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

- **a. Name of Series:** Optimum International Fund

- **b. EDGAR series identifier (if any):** S000002421

- **c. LEI of Series:** YX18FBJ0G1XPG3JCXN26

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

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

- **b. Date as of which information is reported:** 2025-06-30

**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:** $989385606.09

**Total Liabilities:** $3003535.56

**Net Assets:** $986382070.53

**Cash Not Reported:** $1740327.62

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000006450 | 4.09%                | 5.83%                | 3.44%                |
| Class ID C000006447 | 4.14%                | 5.74%                | 3.48%                |
| Class ID C000006449 | 4.00%                | 5.70%                | 3.43%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4225386.75              | $27779946.54                               |
| Month 2  | $670752.97               | $47060357.54                               |
| Month 3  | $4239948.88              | $27360091.88                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Newborn Town Inc                               | Newborn Town Inc                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    382000 | NS      | $478354.64    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Agricultural Bank of China Ltd                 | Agricultural Bank of China Ltd                               | CUSIP: 000000000<br>LEI: 549300E7TSGLCOVSY746 | Long             | EC               | CORP              | CN        |   7680000 | NS      | $5478761.01   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Tochigi Bank Ltd/The                           | Tochigi Bank Ltd/The                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     15400 | NS      | $43204.06     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Doshisha Co Ltd                                | Doshisha Co Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3300 | NS      | $56785.53     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ta Ann Holdings Bhd                            | Ta Ann Holdings Bhd                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     49000 | NS      | $43408.15     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Loblaw Cos Ltd                                 | Loblaw Cos Ltd                                               | CUSIP: 539481101<br>LEI: 5493008LN3O1DIDTSH67 | Long             | EC               | CORP              | CA        |      3800 | NS      | $628566.18    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PETCHSRIVICHAI ENTERPRISE PCL                  | PETCHSRIVICHAI ENTERPRISE PCL                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |    404000 | NS      | $33056.95     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TSKB Gayrimenkul Yatirim Ortak                 | TSKB Gayrimenkul Yatirim Ortakligi AS                        | CUSIP: 000000000<br>LEI: 789000PX0QPTYTPZOI49 | Long             | EC               | CORP              | TR        |    189904 | NS      | $31096.03     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Industries Ltd                        | Reliance Industries Ltd                                      | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |    299435 | NS      | $5239414.19   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Shikoku Bank Ltd/The                           | Shikoku Bank Ltd/The                                         | CUSIP: 000000000<br>LEI: 353800WDXTE9PTGKDW46 | Long             | EC               | CORP              | JP        |      4500 | NS      | $34717.54     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Logista Integral SA                            | Logista Integral SA                                          | CUSIP: 000000000<br>LEI: 9598000ANNAL42UJ7X28 | Long             | EC               | CORP              | ES        |      5763 | NS      | $188721.02    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BML Inc                                        | BML Inc                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     10600 | NS      | $243644.32    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Electron Ltd                             | Tokyo Electron Ltd                                           | CUSIP: 000000000<br>LEI: 549300H5LSF8DP3RIJ34 | Long             | EC               | CORP              | JP        |     14600 | NS      | $2806347.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryanair Holdings PLC                           | Ryanair Holdings PLC                                         | CUSIP: 783513203<br>LEI: 635400BR2ROC1FVEBQ56 | Long             | EC               | CORP              | IE        |    207340 | NS      | $11957297.80  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Cascades Inc                                   | Cascades Inc                                                 | CUSIP: 146900105<br>LEI: FPD41G4F3GH7OJ38TS94 | Long             | EC               | CORP              | CA        |     23600 | NS      | $154416.01    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hana Financial Group Inc                       | Hana Financial Group Inc                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     56438 | NS      | $3608920.72   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| System Research Co Ltd                         | System Research Co Ltd                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      4200 | NS      | $57135.52     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Unipol Assicurazioni SpA                       | Unipol Assicurazioni SpA                                     | CUSIP: 000000000<br>LEI: 8156005CE5E7340CCA86 | Long             | EC               | CORP              | IT        |      6658 | NS      | $131954.96    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zacros Corp                                    | Zacros Corp                                                  | CUSIP: 000000000<br>LEI: 353800YWT7BBFCB5RN10 | Long             | EC               | CORP              | JP        |      1300 | NS      | $33943.27     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Heineken Holding NV                            | Heineken Holding NV                                          | CUSIP: 000000000<br>LEI: 724500M1WJLFM9TYBS04 | Long             | EC               | CORP              | NL        |      6866 | NS      | $511553.65    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| KHPG                                           | Chengdu Kanghong Pharmaceutical Group Co Ltd                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      6600 | NS      | $26683.69     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Jamieson Wellness Inc                          | Jamieson Wellness Inc                                        | CUSIP: 470748104<br>LEI: 254900EIXJ4NHQFFRO95 | Long             | EC               | CORP              | CA        |      1900 | NS      | $49559.76     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SMC Corp                                       | SMC Corp                                                     | CUSIP: 000000000<br>LEI: 353800O40V08DOZ70X62 | Long             | EC               | CORP              | JP        |      9100 | NS      | $3288524.70   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| JASPER INFOTECH PRIVATE LTD.                   | PROJECT STAR - SERIES G                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IN        |     75200 | NS      | $24262.87     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Pixart Imaging Inc                             | Pixart Imaging Inc                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     26000 | NS      | $204265.37    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Gamma Communications PLC                       | Gamma Communications PLC                                     | CUSIP: 000000000<br>LEI: 213800LAQZXPRIZUEH50 | Long             | EC               | CORP              | GB        |     14726 | NS      | $230031.27    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| KNT-CT Holdings Co Ltd                         | KNT-CT Holdings Co Ltd                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      5100 | NS      | $35344.61     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| YIXINTANG                                      | Yixintang Pharmaceutical Group Co Ltd                        | CUSIP: 000000000<br>LEI: 300300NE1YJT00E9JD69 | Long             | EC               | CORP              | CN        |    279600 | NS      | $637591.79    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Demant A/S                                     | Demant A/S                                                   | CUSIP: 000000000<br>LEI: 213800RM6L9LN78BVA56 | Long             | EC               | CORP              | DK        |    117756 | NS      | $4911961.35   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Base Co Ltd                                    | Base Co Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      1400 | NS      | $33540.50     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| George Weston Ltd                              | George Weston Ltd                                            | CUSIP: 961148509<br>LEI: 549300FAHC3L1QKNT280 | Long             | EC               | CORP              | CA        |      3900 | NS      | $782176.61    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexteer Automotive Group Ltd                   | Nexteer Automotive Group Ltd                                 | CUSIP: 000000000<br>LEI: 529900O9GGNBKMJ9UO48 | Long             | EC               | CORP              | US        |    257762 | NS      | $187165.96    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Zee Entertainment Enterprises                  | Zee Entertainment Enterprises Ltd                            | CUSIP: 000000000<br>LEI: 254900EQIYPXZEO10B94 | Long             | EC               | CORP              | IN        |    547795 | NS      | $934176.99    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Dassault Systemes SE                           | Dassault Systemes SE                                         | CUSIP: 000000000<br>LEI: 96950065LBWY0APQIM86 | Long             | EC               | CORP              | FR        |    142230 | NS      | $5148498.93   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Inter Cars SA                                  | Inter Cars SA                                                | CUSIP: 000000000<br>LEI: 2594008ZF17JSW0OV865 | Long             | EC               | CORP              | PL        |       753 | NS      | $117200.88    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NN Group NV                                    | NN Group NV                                                  | CUSIP: 000000000<br>LEI: 724500OHYNDT9OY6Q215 | Long             | EC               | CORP              | NL        |     32313 | NS      | $2147520.01   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Kasikornbank PCL                               | Kasikornbank PCL                                             | CUSIP: 000000000<br>LEI: 5493004COSQ54937AW41 | Long             | EC               | CORP              | TH        |    141247 | NS      | $666940.89    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| 11 bit studios SA                              | 11 bit studios SA                                            | CUSIP: 000000000<br>LEI: 259400KHTY4904KMKT70 | Long             | EC               | CORP              | PL        |       913 | NS      | $53548.68     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Aldar Properties PJSC                          | Aldar Properties PJSC                                        | CUSIP: 000000000<br>LEI: 98450048CD8AEF13B480 | Long             | EC               | CORP              | AE        |    372801 | NS      | $905457.96    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Hafnia Ltd                                     | Hafnia Ltd                                                   | CUSIP: 000000000<br>LEI: 5493001KCFT0SCGJ2647 | Long             | EC               | CORP              | SG        |     18900 | NS      | $94955.65     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ChipMOS Technologies Inc                       | ChipMOS Technologies Inc                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |   1161000 | NS      | $1071099.21   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Kone Oyj                                       | Kone Oyj                                                     | CUSIP: 000000000<br>LEI: 2138001CNF45JP5XZK38 | Long             | EC               | CORP              | FI        |     65926 | NS      | $4339502.87   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Extendicare Inc                                | Extendicare Inc                                              | CUSIP: 30224T863<br>LEI: 5493001DQ0G74DE4CY39 | Long             | EC               | CORP              | CA        |      8400 | NS      | $87223.06     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiwa Industries Ltd                           | Daiwa Industries Ltd                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      4700 | NS      | $54178.67     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Elan Microelectronics Corp                     | Elan Microelectronics Corp                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     46000 | NS      | $191325.48    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Check Point Software Technolog                 | Check Point Software Technologies Ltd                        | CUSIP: 000000000<br>LEI: 2549003ZVBH73EPNS513 | Long             | EC               | CORP              | IL        |     29365 | NS      | $6497006.25   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexans SA                                      | Nexans SA                                                    | CUSIP: 000000000<br>LEI: 96950015FU78G84UIV14 | Long             | EC               | CORP              | FR        |     22939 | NS      | $2996628.35   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Santen Pharmaceutical Co Ltd                   | Santen Pharmaceutical Co Ltd                                 | CUSIP: 000000000<br>LEI: 529900TPT3I7C17MIM03 | Long             | EC               | CORP              | JP        |     13200 | NS      | $151519.74    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhejiang Hangmin Co Ltd                        | Zhejiang Hangmin Co Ltd                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    602400 | NS      | $594371.36    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| FANUC Corp                                     | FANUC Corp                                                   | CUSIP: 000000000<br>LEI: 529900QTSW745LOKW705 | Long             | EC               | CORP              | JP        |     92800 | NS      | $2539022.95   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Jaguar Mining Inc                              | Jaguar Mining Inc                                            | CUSIP: 47009M889<br>LEI: 549300IRKN0GXIRGS617 | Long             | EC               | CORP              | CA        |      6238 | NS      | $15574.96     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Rupa & Co Ltd                                  | Rupa & Co Ltd                                                | CUSIP: 000000000<br>LEI: 3358004HHMERQJZSS122 | Long             | EC               | CORP              | IN        |       325 | NS      | $836.56       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ADNOC Drilling Co PJSC                         | ADNOC Drilling Co PJSC                                       | CUSIP: 000000000<br>LEI: 254900JPRSQL1PM0JV19 | Long             | EC               | CORP              | AE        |     19024 | NS      | $29525.89     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitani Sangyo Co Ltd                           | Mitani Sangyo Co Ltd                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     10400 | NS      | $25204.68     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Yamaichi Electronics Co Ltd                    | Yamaichi Electronics Co Ltd                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      4000 | NS      | $74247.42     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Confectionery Co Ltd                     | Crown Confectionery Co Ltd                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1504 | NS      | $9806.76      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Novatek Microelectronics Corp                  | Novatek Microelectronics Corp                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    177000 | NS      | $3302238.81   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Everlight Electronics Co Ltd                   | Everlight Electronics Co Ltd                                 | CUSIP: 000000000<br>LEI: 2549005XKYNKN91J5J47 | Long             | EC               | CORP              | TW        |     59000 | NS      | $141784.20    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SCREEN Holdings Co Ltd                         | SCREEN Holdings Co Ltd                                       | CUSIP: 000000000<br>LEI: 353800ND89FTQ9XQ0R07 | Long             | EC               | CORP              | JP        |     10900 | NS      | $890135.76    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Okinawa Financial Group Inc                    | Okinawa Financial Group Inc                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3700 | NS      | $78365.33     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Canara Bank                                    | Canara Bank                                                  | CUSIP: 000000000<br>LEI: 335800E4RH82Z8XC3C30 | Long             | EC               | CORP              | IN        |    407472 | NS      | $542599.14    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| JHGF                                           | Xiamen Jihong Technology Co Ltd                              | CUSIP: 000000000<br>LEI: 836800P5PFS75J138506 | Long             | EC               | CORP              | CN        |    203300 | NS      | $404585.58    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Wagners Holding Co Ltd                         | Wagners Holding Co Ltd                                       | CUSIP: 000000000<br>LEI: 549300870JR461HY2844 | Long             | EC               | CORP              | AU        |     18860 | NS      | $28425.10     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sartorius Stedim Biotech                       | Sartorius Stedim Biotech                                     | CUSIP: 000000000<br>LEI: 52990006IVXY7GCSSR39 | Long             | EC               | CORP              | FR        |     11334 | NS      | $2707559.54   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Ubicom Holdings Inc                            | Ubicom Holdings Inc                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      4200 | NS      | $27824.03     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cie Financiere Richemont SA                    | Cie Financiere Richemont SA                                  | CUSIP: 000000000<br>LEI: 549300YIPGJ6UX2QPS51 | Long             | EC               | CORP              | CH        |     27106 | NS      | $5105541.24   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| China Airlines Ltd                             | China Airlines Ltd                                           | CUSIP: 000000000<br>LEI: 25490032B2A0G6D0JP27 | Long             | EC               | CORP              | TW        |    562000 | NS      | $415555.25    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcadyan Technology Corp                       | Arcadyan Technology Corp                                     | CUSIP: 000000000<br>LEI: 254900R5W61G3GO1Q067 | Long             | EC               | CORP              | TW        |    224000 | NS      | $1537450.36   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Maxell Ltd                                     | Maxell Ltd                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      9300 | NS      | $122768.65    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Topsports International Holdin                 | Topsports International Holdings Ltd                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    409000 | NS      | $159432.86    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Olympus Corp                                   | Olympus Corp                                                 | CUSIP: 000000000<br>LEI: 5299000Y52IFDI1I2A21 | Long             | EC               | CORP              | JP        |    255300 | NS      | $3040446.51   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Oro Co Ltd                                     | Oro Co Ltd                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      1600 | NS      | $33143.29     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MSILF Government Portfolio                     | MSILF Government Portfolio                                   | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |   1117100 | NS      | $1117099.89   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Capcom Co Ltd                                  | Capcom Co Ltd                                                | CUSIP: 000000000<br>LEI: 529900JJWQKXS3TC8744 | Long             | EC               | CORP              | JP        |     29300 | NS      | $1003693.62   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| EBOS Group Ltd                                 | EBOS Group Ltd                                               | CUSIP: 000000000<br>LEI: 254900KJ40C7HBYTWC21 | Long             | EC               | CORP              | AU        |        47 | NS      | $1101.55      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Semiconductor Equipment                  | Union Semiconductor Equipment & Materials Co Ltd             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     11300 | NS      | $51241.85     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Susco PCL                                      | Susco PCL                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |    219300 | NS      | $17269.44     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Enghouse Systems Ltd                           | Enghouse Systems Ltd                                         | CUSIP: 292949104<br>LEI: 549300LKRHABBMOTY018 | Long             | EC               | CORP              | CA        |      9713 | NS      | $166691.98    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhiou Home Furnishing Technolo                 | Zhiou Home Furnishing Technology Co Ltd                      | CUSIP: 000000000<br>LEI: 836800A6QO90CMA3Z174 | Long             | EC               | CORP              | CN        |     45500 | NS      | $115885.14    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kanamoto Co Ltd                                | Kanamoto Co Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3900 | NS      | $87746.95     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| First Abu Dhabi Bank PJSC                      | First Abu Dhabi Bank PJSC                                    | CUSIP: 000000000<br>LEI: 2138002Y3WMK6RZS8H90 | Long             | EC               | CORP              | AE        |    366903 | NS      | $1658386.37   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| T&D Holdings Inc                               | T&D Holdings Inc                                             | CUSIP: 000000000<br>LEI: 3538008ARJ1MACEWA242 | Long             | EC               | CORP              | JP        |      4800 | NS      | $105663.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Meituan                                        | Meituan                                                      | CUSIP: 000000000<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | CN        |    234890 | NS      | $3749287.19   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Recruit Holdings Co Ltd                        | Recruit Holdings Co Ltd                                      | CUSIP: 000000000<br>LEI: 353800R2LRSMVVC4I806 | Long             | EC               | CORP              | JP        |    181100 | NS      | $10733575.22  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Glory Ltd                                      | Glory Ltd                                                    | CUSIP: 000000000<br>LEI: 3538003FKID28TGG5U64 | Long             | EC               | CORP              | JP        |      4600 | NS      | $107425.44    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Emirates Telecommunications Gr                 | Emirates Telecommunications Group Co PJSC                    | CUSIP: 000000000<br>LEI: 529900XDPQPWEQ9BGB80 | Long             | EC               | CORP              | AE        |    162480 | NS      | $778644.01    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhihu Inc                                      | Zhihu Inc                                                    | CUSIP: 98955N207<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      5037 | NS      | $20047.26     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Dundee Precious Metals Inc                     | Dundee Precious Metals Inc                                   | CUSIP: 265269209<br>LEI: 549300LATVTU0EIUMD45 | Long             | EC               | CORP              | CA        |    118600 | NS      | $1905612.63   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Bank AG                               | Deutsche Bank AG                                             | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | EC               | CORP              | DE        |    108912 | NS      | $3229132.05   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Itfor Inc                                      | Itfor Inc                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      8900 | NS      | $92705.11     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sekisui Kasei Co Ltd                           | Sekisui Kasei Co Ltd                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      7100 | NS      | $16220.96     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BNK Financial Group Inc                        | BNK Financial Group Inc                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     55107 | NS      | $508359.63    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumine Group Inc                               | Lumine Group Inc                                             | CUSIP: 55027C106<br>LEI: 984500E3C44B9D44M738 | Long             | EC               | CORP              | CA        |    150025 | NS      | $5269466.31   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Anest Iwata Corp                               | Anest Iwata Corp                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      7200 | NS      | $68997.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| North West Co Inc/The                          | North West Co Inc/The                                        | CUSIP: 663278208<br>LEI: 254900VT1HQAZR3IVM76 | Long             | EC               | CORP              | CA        |      1700 | NS      | $60259.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollarama Inc                                  | Dollarama Inc                                                | CUSIP: 25675T107<br>LEI: 5493002GJ0NJP1HI0C79 | Long             | EC               | CORP              | CA        |     16900 | NS      | $2381202.86   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Exchange Group Inc                       | Japan Exchange Group Inc                                     | CUSIP: 000000000<br>LEI: 353800578ADEGIJTVW07 | Long             | EC               | CORP              | JP        |     54000 | NS      | $547668.48    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Wowow Inc                                      | Wowow Inc                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       888 | NS      | $6228.12      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MIPS AB                                        | MIPS AB                                                      | CUSIP: 000000000<br>LEI: 549300LZSA4S0L54VQ25 | Long             | EC               | CORP              | SE        |     41887 | NS      | $1962214.84   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Ericsson                                       | Telefonaktiebolaget LM Ericsson                              | CUSIP: 294821608<br>LEI: 549300W9JLPW15XIFM52 | Long             | EC               | CORP              | SE        |    759912 | NS      | $6444053.76   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Leonardo SpA                                   | Leonardo SpA                                                 | CUSIP: 000000000<br>LEI: 529900X4EEX1U9LN3U39 | Long             | EC               | CORP              | IT        |     76358 | NS      | $4297615.39   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| PDD Holdings Inc                               | PDD Holdings Inc                                             | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | IE        |     19537 | NS      | $2044742.42   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Suncor Energy Inc                              | Suncor Energy Inc                                            | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |    123800 | NS      | $4637443.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Yushin Co                                      | Yushin Co                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      6700 | NS      | $27543.49     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichikoh Industries Ltd                         | Ichikoh Industries Ltd                                       | CUSIP: 000000000<br>LEI: 353800KP9IZ3RU1GNE32 | Long             | EC               | CORP              | JP        |      9200 | NS      | $23126.97     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MIXI Inc                                       | MIXI Inc                                                     | CUSIP: 000000000<br>LEI: 529900IL3THMH0SFYQ49 | Long             | EC               | CORP              | JP        |     19200 | NS      | $463983.89    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Paradox Interactive AB                         | Paradox Interactive AB                                       | CUSIP: 000000000<br>LEI: 529900QNSZUY53R5WW95 | Long             | EC               | CORP              | SE        |         4 | NS      | $80.33        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichiken Co Ltd                                 | Ichiken Co Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3100 | NS      | $67379.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Mullen Group Ltd                               | Mullen Group Ltd                                             | CUSIP: 625284104<br>LEI: 549300KLU7H5NA3I5P62 | Long             | EC               | CORP              | CA        |      7400 | NS      | $77111.07     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Toli Corp                                      | Toli Corp                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     12100 | NS      | $41760.36     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Total Energy Services Inc                      | Total Energy Services Inc                                    | CUSIP: 89154B102<br>LEI: 549300R3W0R3EV800D58 | Long             | EC               | CORP              | CA        |      7700 | NS      | $61068.48     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hokko Chemical Industry Co Ltd                 | Hokko Chemical Industry Co Ltd                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3100 | NS      | $29707.30     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Radiant Opto-Electronics Corp                  | Radiant Opto-Electronics Corp                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     11000 | NS      | $50646.99     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucleus Software Exports Ltd                   | Nucleus Software Exports Ltd                                 | CUSIP: 000000000<br>LEI: 335800N8NQ6E17EJOI96 | Long             | EC               | CORP              | IN        |      2228 | NS      | $30980.53     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Baoxiniao Holding Co Ltd                       | Baoxiniao Holding Co Ltd                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    469900 | NS      | $246573.72    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp                                 | Atlassian Corp                                               | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | AU        |      2832 | NS      | $575150.88    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                                  | HDFC Bank Ltd                                                | CUSIP: 000000000<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |    377855 | NS      | $8818525.92   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| PHX Energy Services Corp                       | PHX Energy Services Corp                                     | CUSIP: 69338U101<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     16900 | NS      | $99904.53     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Midea Group Co Ltd                             | Midea Group Co Ltd                                           | CUSIP: 000000000<br>LEI: 3003003TRPHLHZD2IF61 | Long             | EC               | CORP              | CN        |    674700 | NS      | $6798316.94   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                                | AstraZeneca PLC                                              | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |      3060 | NS      | $213832.80    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| en Japan Inc                                   | en Japan Inc                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     24100 | NS      | $278813.93    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronext NV                                    | Euronext NV                                                  | CUSIP: 000000000<br>LEI: 724500QJ4QSZ3H9QU415 | Long             | EC               | CORP              | NL        |     22054 | NS      | $3769481.70   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| KT Corp                                        | KT Corp                                                      | CUSIP: 000000000<br>LEI: 9884005ACF8449EANY26 | Long             | EC               | CORP              | KR        |     14694 | NS      | $606443.24    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Richter Gedeon Nyrt                            | Richter Gedeon Nyrt                                          | CUSIP: 000000000<br>LEI: 549300J6ZJW5IH4WEE46 | Long             | EC               | CORP              | HU        |      4713 | NS      | $138922.17    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Proya Cosmetics Co Ltd                         | Proya Cosmetics Co Ltd                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     14800 | NS      | $170998.81    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Autohome Inc                                   | Autohome Inc                                                 | CUSIP: 05278C107<br>LEI: 529900NYB6ZGZN3MVT56 | Long             | EC               | CORP              | CN        |     35867 | NS      | $925009.93    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BBVA                                           | Banco Bilbao Vizcaya Argentaria SA                           | CUSIP: 000000000<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EC               | CORP              | ES        |    346599 | NS      | $5330046.99   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| NSFOCUS                                        | NSFOCUS Technologies Group Co Ltd                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    158500 | NS      | $171871.47    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Yangzijiang Shipbuilding Holdi                 | Yangzijiang Shipbuilding Holdings Ltd                        | CUSIP: 000000000<br>LEI: 254900Z3JEM14YIGLM66 | Long             | EC               | CORP              | CN        |    510800 | NS      | $891841.13    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Nihon M&A Center Holdings Inc                  | Nihon M&A Center Holdings Inc                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    875500 | NS      | $4446656.02   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Scout24 SE                                     | Scout24 SE                                                   | CUSIP: 000000000<br>LEI: 5493007EIKM2ENQS7U66 | Long             | EC               | CORP              | DE        |     94453 | NS      | $13028652.72  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonix Technology Co Ltd                        | Sonix Technology Co Ltd                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     20000 | NS      | $22661.92     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Tsubakimoto Chain Co                           | Tsubakimoto Chain Co                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     13800 | NS      | $172206.52    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tamura Corp                                    | Tamura Corp                                                  | CUSIP: 000000000<br>LEI: 353800W98D8AI066OC02 | Long             | EC               | CORP              | JP        |      8100 | NS      | $26942.81     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ABB Ltd                                        | ABB Ltd                                                      | CUSIP: 000000000<br>LEI: 5493000LKVGOO9PELI61 | Long             | EC               | CORP              | CH        |    134424 | NS      | $8015123.12   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Pegatron Corp                                  | Pegatron Corp                                                | CUSIP: 000000000<br>LEI: 529900M87JQS8TUO0L66 | Long             | EC               | CORP              | TW        |    263000 | NS      | $691441.87    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Nemetschek SE                                  | Nemetschek SE                                                | CUSIP: 000000000<br>LEI: 529900R0S2IX1S358J38 | Long             | EC               | CORP              | DE        |      2836 | NS      | $410901.94    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA Group Ltd                                  | AIA Group Ltd                                                | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |    758800 | NS      | $6805077.74   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Rheon Automatic Machinery Co L                 | Rheon Automatic Machinery Co Ltd                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      4500 | NS      | $38811.15     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Mitsui Financial Grou                 | Sumitomo Mitsui Financial Group Inc                          | CUSIP: 000000000<br>LEI: 35380028MYWPB6AUO129 | Long             | EC               | CORP              | JP        |     81300 | NS      | $2051624.60   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd                     | Samsung Electronics Co Ltd                                   | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |    215137 | NS      | $9532596.77   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| NetEase Inc                                    | NetEase Inc                                                  | CUSIP: 000000000<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | CN        |    232100 | NS      | $6238651.20   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Softcreate Holdings Corp                       | Softcreate Holdings Corp                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2100 | NS      | $32067.64     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastern Air Logistics Co Ltd                   | Eastern Air Logistics Co Ltd                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    140400 | NS      | $256483.99    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Polska Kasa Opieki SA                     | Bank Polska Kasa Opieki SA                                   | CUSIP: 000000000<br>LEI: 5493000LKS7B3UTF7H35 | Long             | EC               | CORP              | PL        |    108024 | NS      | $5544533.69   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Vipshop Holdings Ltd                           | Vipshop Holdings Ltd                                         | CUSIP: 92763W103<br>LEI: 549300I9F52K06HPZX60 | Long             | EC               | CORP              | CN        |    217713 | NS      | $3276580.65   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Bird Construction Inc                          | Bird Construction Inc                                        | CUSIP: 09076P104<br>LEI: 549300P1WGG3QPKID017 | Long             | EC               | CORP              | CA        |      2700 | NS      | $57083.17     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tauron Polska Energia SA                       | Tauron Polska Energia SA                                     | CUSIP: 000000000<br>LEI: 259400NAPDFBOTNCRL54 | Long             | EC               | CORP              | PL        |    109198 | NS      | $254851.38    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Enero Group Ltd                                | Enero Group Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |       384 | NS      | $173.12       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sitronix Technology Corp                       | Sitronix Technology Corp                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     20000 | NS      | $138641.65    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Financial Group Inc                         | KB Financial Group Inc                                       | CUSIP: 000000000<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |     18646 | NS      | $1532188.35   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Indus Towers Ltd                               | Indus Towers Ltd                                             | CUSIP: 000000000<br>LEI: 335800L6DI4VHODGDK41 | Long             | EC               | CORP              | IN        |     65457 | NS      | $321407.91    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BioNTech SE                                    | BioNTech SE                                                  | CUSIP: 09075V102<br>LEI: 894500UZJ5LG1F8J1U58 | Long             | EC               | CORP              | DE        |     20727 | NS      | $2206803.69   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Keyence Corp                                   | Keyence Corp                                                 | CUSIP: 000000000<br>LEI: 529900M7PQBS7A89DZ11 | Long             | EC               | CORP              | JP        |      8900 | NS      | $3574709.21   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Shinyaku Co Ltd                         | Nippon Shinyaku Co Ltd                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      5400 | NS      | $117970.90    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ginebra San Miguel Inc                         | Ginebra San Miguel Inc                                       | CUSIP: 000000000<br>LEI: 549300FYQJAVLTUPRN13 | Long             | EC               | CORP              | PH        |     31190 | NS      | $160573.41    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Experian PLC                                   | Experian PLC                                                 | CUSIP: 000000000<br>LEI: 635400RXXHHYT1JTSZ26 | Long             | EC               | CORP              | IE        |    231740 | NS      | $11935033.62  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CD Projekt SA                                  | CD Projekt SA                                                | CUSIP: 000000000<br>LEI: 259400TYO5Q8SH8TL437 | Long             | EC               | CORP              | PL        |     14946 | NS      | $1164381.04   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Nisso Holdings Co Ltd                          | Nisso Holdings Co Ltd                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     14500 | NS      | $65247.73     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Raiffeisen Bank International                  | Raiffeisen Bank International AG                             | CUSIP: 000000000<br>LEI: 9ZHRYM6F437SQJ6OUG95 | Long             | EC               | CORP              | AT        |       646 | NS      | $19693.53     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sansan Inc                                     | Sansan Inc                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      4500 | NS      | $66747.68     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MYGD                                           | Hefei Meiya Optoelectronic Technology Inc                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    113000 | NS      | $266040.05    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Mazda Motor Corp                               | Mazda Motor Corp                                             | CUSIP: 000000000<br>LEI: 52990044YZJLICDQKK92 | Long             | EC               | CORP              | JP        |     69000 | NS      | $416573.04    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CH DISPLAY OPT                                 | China Display Optoelectronics Technology Holdings Ltd        | CUSIP: 000000000<br>LEI: 52990074AY91GZW8I321 | Long             | EC               | CORP              | HK        |    218831 | NS      | $6021.38      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandoz Group AG                                | Sandoz Group AG                                              | CUSIP: 000000000<br>LEI: 5493000JWK6XWFEUD320 | Long             | EC               | CORP              | CH        |     93225 | NS      | $5101555.86   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Coles Group Ltd                                | Coles Group Ltd                                              | CUSIP: 000000000<br>LEI: 549300OHQRG2HN8LZ793 | Long             | EC               | CORP              | AU        |     12365 | NS      | $169596.44    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SITC International Holdings Co                 | SITC International Holdings Co Ltd                           | CUSIP: 000000000<br>LEI: 529900JUV4MOM9CE3V12 | Long             | EC               | CORP              | HK        |     55000 | NS      | $176211.31    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexon Co Ltd                                   | Nexon Co Ltd                                                 | CUSIP: 000000000<br>LEI: 5299005SFO0GAJFLKN43 | Long             | EC               | CORP              | JP        |     34400 | NS      | $695142.53    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Build King Holdings Ltd                        | Build King Holdings Ltd                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |     73424 | NS      | $10662.92     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Forum Engineering Inc                          | Forum Engineering Inc                                        | CUSIP: 000000000<br>LEI: 353800V3GFJQCWL5FB79 | Long             | EC               | CORP              | JP        |      7400 | NS      | $62486.72     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Intact Financial Corp                          | Intact Financial Corp                                        | CUSIP: 45823T106<br>LEI: 5493009LXGE7Y4U9OY43 | Long             | EC               | CORP              | CA        |      1800 | NS      | $418557.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| cjjg                                           | Changjiang & Jinggong Steel Building Group Co Ltd            | CUSIP: 000000000<br>LEI: 300300OK2IKL9E903S46 | Long             | EC               | CORP              | CN        |    349100 | NS      | $155902.59    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Woori Financial Group Inc                      | Woori Financial Group Inc                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     82927 | NS      | $1379454.02   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Knorr-Bremse AG                                | Knorr-Bremse AG                                              | CUSIP: 000000000<br>LEI: 5299001GRRO0Z25YZT52 | Long             | EC               | CORP              | DE        |     18422 | NS      | $1780500.99   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| TIS Inc                                        | TIS Inc                                                      | CUSIP: 000000000<br>LEI: 35380064HYEZXBQHDF07 | Long             | EC               | CORP              | JP        |     33600 | NS      | $1128827.47   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Danone SA                                      | Danone SA                                                    | CUSIP: 000000000<br>LEI: 969500KMUQ2B6CBAF162 | Long             | EC               | CORP              | FR        |    112666 | NS      | $9205106.48   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Thrace Plastics Holding and Co                 | Thrace Plastics Holding and Co                               | CUSIP: 000000000<br>LEI: 213800J1QD8BIB2ICW19 | Long             | EC               | CORP              | GR        |     12866 | NS      | $57363.59     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumec Corp Ltd                                 | Sumec Corp Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    148500 | NS      | $199160.56    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Star Micronics Co Ltd                          | Star Micronics Co Ltd                                        | CUSIP: 000000000<br>LEI: 353800YVVMLCGEV0Q544 | Long             | EC               | CORP              | JP        |      7200 | NS      | $84297.07     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION SOFTWARE INC                     | Constellation Software Inc/Canada                            | CUSIP: 21037X134<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |      2870 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CQRC BANK                                      | Chongqing Rural Commercial Bank Co Ltd                       | CUSIP: 000000000<br>LEI: 300300C1126750000027 | Long             | EC               | CORP              | CN        |     60502 | NS      | $51099.47     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Intellect Design Arena Ltd                     | Intellect Design Arena Ltd                                   | CUSIP: 000000000<br>LEI: 3358004QZC2VU3T3ZI04 | Long             | EC               | CORP              | IN        |     35930 | NS      | $481343.02    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Xebio Holdings Co Ltd                          | Xebio Holdings Co Ltd                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3700 | NS      | $28211.52     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Infosys Ltd                                    | Infosys Ltd                                                  | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |      4522 | NS      | $83792.66     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Novonesis Novozymes B                          | Novonesis Novozymes B                                        | CUSIP: 000000000<br>LEI: 529900T6WNZXD2R3JW38 | Long             | EC               | CORP              | DK        |    110820 | NS      | $7945271.28   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Linklogis Inc                                  | Linklogis Inc                                                | CUSIP: 000000000<br>LEI: 254900PYFTBGPA68BN15 | Long             | EC               | CORP              | CN        |    312500 | NS      | $75239.33     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokio Marine Holdings Inc                      | Tokio Marine Holdings Inc                                    | CUSIP: 000000000<br>LEI: 5299009QN2NZ191KLS29 | Long             | EC               | CORP              | JP        |     12000 | NS      | $509232.32    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Greggs PLC                                     | Greggs PLC                                                   | CUSIP: 000000000<br>LEI: 213800I71QMUFJ64IW20 | Long             | EC               | CORP              | GB        |        19 | NS      | $500.48       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Engie SA                                       | Engie SA                                                     | CUSIP: 000000000<br>LEI: LAXUQCHT4FH58LRZDY46 | Long             | EC               | CORP              | FR        |     37987 | NS      | $891579.72    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NCSoft Corp                                    | NCSoft Corp                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1283 | NS      | $196309.65    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirloskar Industries Ltd                       | Kirloskar Industries Ltd                                     | CUSIP: 000000000<br>LEI: 335800HG2N7DQPMGJ436 | Long             | EC               | CORP              | IN        |      1307 | NS      | $65328.66     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Emaar Properties PJSC                          | Emaar Properties PJSC                                        | CUSIP: 000000000<br>LEI: 254900YWYEXYXK1BMP81 | Long             | EC               | CORP              | AE        |   1850414 | NS      | $6852265.53   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| TMX Group Ltd                                  | TMX Group Ltd                                                | CUSIP: 87262K105<br>LEI: 549300N65GFVKSHGJW59 | Long             | EC               | CORP              | CA        |     32740 | NS      | $1387738.42   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| RHB Bank Bhd                                   | RHB Bank Bhd                                                 | CUSIP: 000000000<br>LEI: 549300ZHRPSV7QIUJT80 | Long             | EC               | CORP              | MY        |     34300 | NS      | $51321.70     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuvoton Technology Corp                        | Nuvoton Technology Corp                                      | CUSIP: 000000000<br>LEI: 25490081WZAX02O6MB63 | Long             | EC               | CORP              | TW        |     28000 | NS      | $69300.29     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvelous Inc                                  | Marvelous Inc                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      9000 | NS      | $31811.40     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Ensign Energy Services Inc                     | Ensign Energy Services Inc                                   | CUSIP: 293570107<br>LEI: 984500EN54370LB9D232 | Long             | EC               | CORP              | CA        |     15700 | NS      | $25940.88     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| LUOLAI                                         | Luolai Lifestyle Technology Co Ltd                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    467821 | NS      | $570616.92    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| G-BITS NETWORK TECHNOLOGY XIAM                 | G-bits Network Technology Xiamen Co Ltd                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     62700 | NS      | $2642141.51   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Eisai Co Ltd                                   | Eisai Co Ltd                                                 | CUSIP: 000000000<br>LEI: 353800HDEE0ZYEX4QV91 | Long             | EC               | CORP              | JP        |     60200 | NS      | $1734034.23   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CaixaBank SA                                   | CaixaBank SA                                                 | CUSIP: 000000000<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | EC               | CORP              | ES        |    318685 | NS      | $2760654.80   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| A2A SpA                                        | A2A SpA                                                      | CUSIP: 000000000<br>LEI: 81560076E3944316DB24 | Long             | EC               | CORP              | IT        |    212563 | NS      | $572137.92    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Bangkok Bank PCL                               | Bangkok Bank PCL                                             | CUSIP: 000000000<br>LEI: 549300CCL2BKJGMYXV60 | Long             | EC               | CORP              | TH        |    887100 | NS      | $3793037.26   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergreen Marine Corp Taiwan L                 | Evergreen Marine Corp Taiwan Ltd                             | CUSIP: 000000000<br>LEI: 254900EIJA0A39C5SO15 | Long             | EC               | CORP              | TW        |    458000 | NS      | $3120019.17   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SSR Mining Inc                                 | SSR Mining Inc                                               | CUSIP: 784730103<br>LEI: 549300JD2KR7AB9DYJ38 | Long             | EC               | CORP              | US        |     23912 | NS      | $304638.88    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Galilei Co Ltd                                 | Galilei Co Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2200 | NS      | $46595.60     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Torex Gold Resources Inc                       | Torex Gold Resources Inc                                     | CUSIP: 891054603<br>LEI: 549300QL07027186GQ85 | Long             | EC               | CORP              | CA        |     20173 | NS      | $658039.04    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Teknosa Ic Ve Dis Ticaret AS                   | Teknosa Ic Ve Dis Ticaret AS                                 | CUSIP: 000000000<br>LEI: 7890007RM4JNJIRDVR22 | Long             | EC               | CORP              | TR        |     94724 | NS      | $51860.87     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Emirates NBD Bank PJSC                         | Emirates NBD Bank PJSC                                       | CUSIP: 000000000<br>LEI: 54930029BCN8HF3B1286 | Long             | EC               | CORP              | AE        |    344711 | NS      | $2140012.74   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Heineken Malaysia Bhd                          | Heineken Malaysia Bhd                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     10400 | NS      | $62244.39     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gakujo Co Ltd                                  | Gakujo Co Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2600 | NS      | $31866.95     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Ono Pharmaceutical Co Ltd                      | Ono Pharmaceutical Co Ltd                                    | CUSIP: 000000000<br>LEI: 529900G26L4NG4GFJZ86 | Long             | EC               | CORP              | JP        |     13200 | NS      | $142903.37    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| VENTEC                                         | Ventec International Group Co Ltd                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     36000 | NS      | $88114.47     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TOTVS SA                                       | TOTVS SA                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     48300 | NS      | $376133.88    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Canada ETF                        | iShares MSCI Canada ETF                                      | CUSIP: 464286509<br>LEI: 549300DXCD53F4JK3H45 | Long             | EC               | RF                | US        |      3307 | NS      | $152783.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ORLEN SA                                       | ORLEN SA                                                     | CUSIP: 000000000<br>LEI: 259400VVMM70CQREJT74 | Long             | EC               | CORP              | PL        |     74073 | NS      | $1687237.17   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Orion Oyj                                      | Orion Oyj                                                    | CUSIP: 000000000<br>LEI: 74370029VAHCXDR7B745 | Long             | EC               | CORP              | FI        |     15521 | NS      | $1167367.12   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ICBC                                           | Industrial & Commercial Bank of China Ltd                    | CUSIP: 000000000<br>LEI: 5493002ERZU2K9PZDL40 | Long             | EC               | CORP              | CN        |    249000 | NS      | $197298.07    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Aegon Ltd                                      | Aegon Ltd                                                    | CUSIP: 0076CA104<br>LEI: O4QK7KMMK83ITNTHUG69 | Long             | EC               | CORP              | NL        |     56870 | NS      | $411738.80    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Fibergate Inc/Japan                            | Fibergate Inc/Japan                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3500 | NS      | $17499.39     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Wasu Media Holding Co Ltd                      | Wasu Media Holding Co Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    410500 | NS      | $454869.86    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamtri Resources Indonesia Tb                 | Alamtri Resources Indonesia Tbk PT                           | CUSIP: 000000000<br>LEI: 529900P2WAH7XA87OI24 | Long             | EC               | CORP              | ID        |  12846998 | NS      | $1448106.33   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK PLC                                        | GSK PLC                                                      | CUSIP: 37733W204<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |     20760 | NS      | $797184.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| YUE YUEN IND                                   | Yue Yuen Industrial Holdings Ltd                             | CUSIP: 3140QBR67<br>LEI: 254900YUFIBANZ1XU687 | Long             | EC               | CORP              | US        |     21000 | NS      | $32155.62     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Zalando SE                                     | Zalando SE                                                   | CUSIP: 000000000<br>LEI: 529900YRFFGH5AXU4S86 | Long             | EC               | CORP              | DE        |     31532 | NS      | $1038150.19   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Toronto-Dominion Bank/The                      | Toronto-Dominion Bank/The                                    | CUSIP: 891160509<br>LEI: PT3QB789TSUIDF371261 | Long             | EC               | CORP              | CA        |      2700 | NS      | $198591.52    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fujitsu Ltd                                    | Fujitsu Ltd                                                  | CUSIP: 000000000<br>LEI: 3538000246DHJLRTUZ24 | Long             | EC               | CORP              | JP        |    167010 | NS      | $4076526.16   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Jin Air Co Ltd                                 | Jin Air Co Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      8976 | NS      | $61387.43     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LOT Vacuum Co Ltd                              | LOT Vacuum Co Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      3978 | NS      | $27942.68     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Dino Polska SA                                 | Dino Polska SA                                               | CUSIP: 000000000<br>LEI: 259400H4L81SMPRTW956 | Long             | EC               | CORP              | PL        |     10737 | NS      | $1566901.66   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Santander SA                             | Banco Santander SA                                           | CUSIP: 000000000<br>LEI: 5493006QMFDDMYWIAM13 | Long             | EC               | CORP              | ES        |     74259 | NS      | $614675.50    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Wan Hai Lines Ltd                              | Wan Hai Lines Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     23000 | NS      | $70073.94     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Changhong Meiling Co Ltd                       | Changhong Meiling Co Ltd                                     | CUSIP: 000000000<br>LEI: 300300QBGXR1II3SZZ74 | Long             | EC               | CORP              | CN        |    150400 | NS      | $145666.88    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Trivago NV                                     | Trivago NV                                                   | CUSIP: 89686D303<br>LEI: 391200MJ56OU7D3JM080 | Long             | EC               | CORP              | DE        |      3049 | NS      | $11494.73     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| YTL POWER INTERNATIONAL BHD                    | YTL POWER INTERNATIONAL BHD                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     52326 | NS      | $19014.08     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Hap Seng Plantations Holdings                  | Hap Seng Plantations Holdings Bhd                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |      6900 | NS      | $2949.77      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Talanx AG                                      | Talanx AG                                                    | CUSIP: 000000000<br>LEI: 5299006ZIILJ6VJVSJ32 | Long             | EC               | CORP              | DE        |     12594 | NS      | $1630377.74   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| First Resources Ltd                            | First Resources Ltd                                          | CUSIP: 000000000<br>LEI: 5493007RRD817HUP4O49 | Long             | EC               | CORP              | SG        |     24300 | NS      | $28093.59     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JBS NV                                         | JBS NV                                                       | CUSIP: 000000000<br>LEI: 254900JSFON4WL81TW77 | Long             | EC               | CORP              | BR        |     85650 | NS      | $1247601.00   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Kuaishou Technology                            | Kuaishou Technology                                          | CUSIP: 000000000<br>LEI: 300300FCDZBE6UP9ED24 | Long             | EC               | CORP              | CN        |    657600 | NS      | $5302719.13   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| PING AN                                        | Ping An Insurance Group Co of China Ltd                      | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |    464500 | NS      | $2949741.72   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Jianmin Group                                  | Jianmin Pharmaceutical Group Co Ltd                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    136900 | NS      | $749124.14    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Coupang Inc                                    | Coupang Inc                                                  | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | US        |    197791 | NS      | $5925818.36   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Investec PLC                                   | Investec PLC                                                 | CUSIP: 000000000<br>LEI: 2138007Z3U5GWDN3MY22 | Long             | EC               | CORP              | ZA        |    289188 | NS      | $2158976.37   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Petronas Dagangan Bhd                          | Petronas Dagangan Bhd                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |      5600 | NS      | $28621.78     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Tata Communications Ltd                        | Tata Communications Ltd                                      | CUSIP: 000000000<br>LEI: 3358004PBWAYF65RLI81 | Long             | EC               | CORP              | IN        |      5555 | NS      | $109506.56    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Monday.com Ltd                                 | Monday.com Ltd                                               | CUSIP: 000000000<br>LEI: 984500MDAFVD86E3B328 | Long             | EC               | CORP              | IL        |      8679 | NS      | $2729371.92   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Brambles Ltd                                   | Brambles Ltd                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    182954 | NS      | $2820029.72   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank OCBC Nisp Tbk PT                          | Bank OCBC Nisp Tbk PT                                        | CUSIP: 000000000<br>LEI: 549300RBYAFM3PQZB872 | Long             | EC               | CORP              | ID        |     83751 | NS      | $6938.41      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstService Corp                              | FirstService Corp                                            | CUSIP: 33767E202<br>LEI: 5493000XUDIV75BCF118 | Long             | EC               | CORP              | CA        |      1600 | NS      | $279205.43    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| High Liner Foods Inc                           | High Liner Foods Inc                                         | CUSIP: 429695109<br>LEI: 5493003THCPUJ8LV6J59 | Long             | EC               | CORP              | CA        |      1000 | NS      | $13299.06     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Discovery Ltd                                  | Discovery Ltd                                                | CUSIP: 000000000<br>LEI: 378900245A26169C8132 | Long             | EC               | CORP              | ZA        |    569095 | NS      | $6904842.53   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Kanzhun Ltd                                    | Kanzhun Ltd                                                  | CUSIP: 48553T106<br>LEI: 254900F4ZCBITP7L0251 | Long             | EC               | CORP              | CN        |     22759 | NS      | $406020.56    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Salik Co PJSC                                  | Salik Co PJSC                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AE        |    162208 | NS      | $267210.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Baidu Inc                                      | Baidu Inc                                                    | CUSIP: 000000000<br>LEI: 254900AL64IANZYI1E02 | Long             | EC               | CORP              | CN        |    226750 | NS      | $2410497.84   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| FinecoBank Banca Fineco SpA                    | FinecoBank Banca Fineco SpA                                  | CUSIP: 000000000<br>LEI: 549300L7YCATGO57ZE10 | Long             | EC               | CORP              | IT        |    408741 | NS      | $9068609.14   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Unimot SA                                      | Unimot SA                                                    | CUSIP: 000000000<br>LEI: 259400QHBII9NV5JQT83 | Long             | EC               | CORP              | PL        |       246 | NS      | $9718.92      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingspan Group PLC                             | Kingspan Group PLC                                           | CUSIP: 000000000<br>LEI: 635400HM7V74SUB9OG75 | Long             | EC               | CORP              | IE        |     96890 | NS      | $8240299.75   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| TFI International Inc                          | TFI International Inc                                        | CUSIP: 87241L109<br>LEI: 5493007R9W7KO7SJN678 | Long             | EC               | CORP              | CA        |     28250 | NS      | $2535913.35   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Sambo Corrugated Board Co Ltd                  | Sambo Corrugated Board Co Ltd                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       807 | NS      | $5955.63      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto PLC                                  | Rio Tinto PLC                                                | CUSIP: 000000000<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |    121189 | NS      | $7061560.93   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Business Brain Showa-Ota Inc                   | Business Brain Showa-Ota Inc                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      1800 | NS      | $32048.89     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Metro Inc/CN                                   | Metro Inc/CN                                                 | CUSIP: 59162N109<br>LEI: 549300KQ7DCG4IXSNW78 | Long             | EC               | CORP              | CA        |      6300 | NS      | $494885.99    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Seiko Epson Corp                               | Seiko Epson Corp                                             | CUSIP: 000000000<br>LEI: 549300NIOFQDR749W206 | Long             | EC               | CORP              | JP        |      5500 | NS      | $73063.44     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI Lombard General Insuranc                 | ICICI Lombard General Insurance Co Ltd                       | CUSIP: 000000000<br>LEI: 335800ZZITZ7ZZZ2ZX87 | Long             | EC               | CORP              | IN        |    205680 | NS      | $4893054.29   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIC Press Corp                               | CITIC Press Corp                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     58800 | NS      | $263248.06    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BIPROGY Inc                                    | BIPROGY Inc                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      6700 | NS      | $280366.65    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| VANWARD ELECTRIC                               | Guangdong Vanward New Electric Co Ltd                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    231200 | NS      | $358472.12    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Porton Pharma Solutions Ltd                    | Porton Pharma Solutions Ltd                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     53400 | NS      | $127286.58    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JGC Holdings Corp                              | JGC Holdings Corp                                            | CUSIP: 000000000<br>LEI: 5493003WMGG79YLARU68 | Long             | EC               | CORP              | JP        |      7000 | NS      | $60737.47     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shinhan Financial Group Co Ltd                 | Shinhan Financial Group Co Ltd                               | CUSIP: 000000000<br>LEI: 988400EB8A6G49E5KO54 | Long             | EC               | CORP              | KR        |     21646 | NS      | $984783.94    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Boerse AG                             | Deutsche Boerse AG                                           | CUSIP: 000000000<br>LEI: 529900G3SW56SHYNPR95 | Long             | EC               | CORP              | DE        |     67470 | NS      | $22006983.73  | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyo Engineering Corp                          | Toyo Engineering Corp                                        | CUSIP: 000000000<br>LEI: 353800SPB3B3BM0FO630 | Long             | EC               | CORP              | JP        |      6200 | NS      | $33539.11     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AJ Bell PLC                                    | AJ Bell PLC                                                  | CUSIP: 000000000<br>LEI: 213800VNKA7DPWXWJJ36 | Long             | EC               | CORP              | GB        |      5283 | NS      | $37056.24     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GMK Norilskiy Nickel PAO                       | GMK Norilskiy Nickel PAO                                     | CUSIP: 000000000<br>LEI: 253400JPTEEW143W3E47 | Long             | EC               | CORP              | RU        |   1009500 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Azurewave Technologies Inc                     | Azurewave Technologies Inc                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     16000 | NS      | $32315.49     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Abu Dhabi Commercial Bank PJSC                 | Abu Dhabi Commercial Bank PJSC                               | CUSIP: 000000000<br>LEI: 213800RWVKKIRX1AUH58 | Long             | EC               | CORP              | AE        |    502384 | NS      | $1843962.40   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Vector Inc                                     | Vector Inc                                                   | CUSIP: 000000000<br>LEI: 3538004PSULH92CK5D85 | Long             | EC               | CORP              | JP        |      7200 | NS      | $54548.11     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Silicon Motion Technology Corp                 | Silicon Motion Technology Corp                               | CUSIP: 82706C108<br>LEI: 5299005RBVBZQJTYFC89 | Long             | EC               | CORP              | TW        |      2181 | NS      | $163945.77    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Computershare Ltd                              | Computershare Ltd                                            | CUSIP: 000000000<br>LEI: 21380085HOKTMGLV9G93 | Long             | EC               | CORP              | AU        |     43403 | NS      | $1139485.15   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SingTel                                        | Singapore Telecommunications Ltd                             | CUSIP: 000000000<br>LEI: 2549003XJKIQO8YDYD89 | Long             | EC               | CORP              | SG        |    848900 | NS      | $2550372.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Avant Group Corp                               | Avant Group Corp                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2000 | NS      | $21360.37     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Winbond Electronics Corp                       | Winbond Electronics Corp                                     | CUSIP: 000000000<br>LEI: 254900STBMBTLA91J410 | Long             | EC               | CORP              | TW        |   1235000 | NS      | $851884.50    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortuna Mining Corp                            | Fortuna Mining Corp                                          | CUSIP: 349942102<br>LEI: 5493003Q88RVK7CW4735 | Long             | EC               | CORP              | CA        |      5300 | NS      | $34678.17     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| User Local inc                                 | User Local inc                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2200 | NS      | $28980.94     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp                                | Sony Group Corp                                              | CUSIP: 000000000<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |    370200 | NS      | $9588875.39   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| SRA Holdings                                   | SRA Holdings                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3400 | NS      | $107544.88    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| QJMT                                           | Zhejiang Qianjiang Motorcycle Co Ltd                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    181200 | NS      | $379317.56    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Zehnder Group AG                               | Zehnder Group AG                                             | CUSIP: 000000000<br>LEI: 8945000LUWFSSFRPU761 | Long             | EC               | CORP              | CH        |      9183 | NS      | $775425.04    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Indo Tambangraya Megah Tbk PT                  | Indo Tambangraya Megah Tbk PT                                | CUSIP: 000000000<br>LEI: 52990056ZNHB217ZKL92 | Long             | EC               | CORP              | ID        |     16519 | NS      | $22384.85     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyo Kanetsu KK                                | Toyo Kanetsu KK                                              | CUSIP: 000000000<br>LEI: 353800EG0O6LMB2WP165 | Long             | EC               | CORP              | JP        |      2900 | NS      | $79747.23     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Copa Holdings SA                               | Copa Holdings SA                                             | CUSIP: 000000000<br>LEI: 529900BB9UQJV6QQHA59 | Long             | EC               | CORP              | PA        |     30006 | NS      | $3299759.82   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Sage Group PLC/The                             | Sage Group PLC/The                                           | CUSIP: 000000000<br>LEI: 2138005RN5XYLTF8G138 | Long             | EC               | CORP              | GB        |     69010 | NS      | $1184555.84   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Obic Co Ltd                                    | Obic Co Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     26600 | NS      | $1036440.40   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Oddity Tech Ltd                                | Oddity Tech Ltd                                              | CUSIP: 000000000<br>LEI: 254900QH12XZS53G0V57 | Long             | EC               | CORP              | IL        |      1604 | NS      | $121053.88    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LG Innotek Co Ltd                              | LG Innotek Co Ltd                                            | CUSIP: 000000000<br>LEI: 988400KTHH2LMUX7EB48 | Long             | EC               | CORP              | KR        |      2118 | NS      | $231322.76    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| DWS Group GmbH & Co KGaA                       | DWS Group GmbH & Co KGaA                                     | CUSIP: 000000000<br>LEI: 529900VM3464806ERS69 | Long             | EC               | CORP              | DE        |      6697 | NS      | $396014.30    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| UOB-Kay Hian Holdings Ltd                      | UOB-Kay Hian Holdings Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |     26500 | NS      | $43558.79     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                                | ASML Holding NV                                              | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |      4269 | NS      | $3421133.91   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Indo-Rama Synthetics Tbk PT                    | Indo-Rama Synthetics Tbk PT                                  | CUSIP: 000000000<br>LEI: 25490008PE85CK9CUC92 | Long             | EC               | CORP              | ID        |     28097 | NS      | $3582.43      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Indian Bank                                    | Indian Bank                                                  | CUSIP: 000000000<br>LEI: 5493008JR8FCVQ6FJL94 | Long             | EC               | CORP              | IN        |     23639 | NS      | $177361.41    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tech Mahindra Ltd                              | Tech Mahindra Ltd                                            | CUSIP: 000000000<br>LEI: 3358005FZUZ1I25XQH69 | Long             | EC               | CORP              | IN        |     23096 | NS      | $454325.47    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Costain Group PLC                              | Costain Group PLC                                            | CUSIP: 000000000<br>LEI: 213800PKIJBZ2EDTKC88 | Long             | EC               | CORP              | GB        |      9855 | NS      | $20047.70     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Post Holdings Co Ltd                     | Japan Post Holdings Co Ltd                                   | CUSIP: 000000000<br>LEI: 5299003D9N4JBS256X18 | Long             | EC               | CORP              | JP        |    104500 | NS      | $969131.28    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Money Forward Inc                              | Money Forward Inc                                            | CUSIP: 000000000<br>LEI: 35380017JS3GIGP6WN95 | Long             | EC               | CORP              | JP        |    108600 | NS      | $3699059.06   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Tata Consultancy Services Ltd                  | Tata Consultancy Services Ltd                                | CUSIP: 000000000<br>LEI: 335800ZJKU9GPQRE2U66 | Long             | EC               | CORP              | IN        |     29970 | NS      | $1209843.05   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SANQI HUYU                                     | 37 Interactive Entertainment Network Technology Group Co Ltd | CUSIP: 000000000<br>LEI: 300300BE4IFCPHCUMI94 | Long             | EC               | CORP              | CN        |    483300 | NS      | $1166179.19   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingsoft Corp Ltd                              | Kingsoft Corp Ltd                                            | CUSIP: 000000000<br>LEI: 529900UVT35D3Q7YQY41 | Long             | EC               | CORP              | CN        |    183200 | NS      | $954513.09    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Unicharm Corp                                  | Unicharm Corp                                                | CUSIP: 000000000<br>LEI: 353800UQ4BZIJTAQEG85 | Long             | EC               | CORP              | JP        |    591500 | NS      | $4273849.87   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Wix.com Ltd                                    | Wix.com Ltd                                                  | CUSIP: 000000000<br>LEI: 5493008P6N29Q1AG9464 | Long             | EC               | CORP              | IL        |     23744 | NS      | $3762474.24   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Ennoconn Corp                                  | Ennoconn Corp                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     47000 | NS      | $463371.22    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| iA Financial Corp Inc                          | iA Financial Corp Inc                                        | CUSIP: 45075E104<br>LEI: 549300ZXLJVHQAIXV215 | Long             | EC               | CORP              | CA        |     41480 | NS      | $4547493.45   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Optim Corp                                     | Optim Corp                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3900 | NS      | $14678.66     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| LIFULL Co Ltd                                  | LIFULL Co Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     13500 | NS      | $17999.38     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobson Pharma Corp Ltd                       | Jacobson Pharma Corp Ltd                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    208796 | NS      | $43355.37     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitt                 | LVMH Moet Hennessy Louis Vuitton SE                          | CUSIP: 000000000<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |      7229 | NS      | $3785947.08   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia Cervecerias Unidas SA                      | Cia Cervecerias Unidas SA                                    | CUSIP: 204429104<br>LEI: 529900BJW9B0O6LI2R39 | Long             | EC               | CORP              | CL        |     18470 | NS      | $238632.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sodick Co Ltd                                  | Sodick Co Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     12100 | NS      | $83016.56     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shimano Inc                                    | Shimano Inc                                                  | CUSIP: 000000000<br>LEI: 529900L32YT3P9DECR10 | Long             | EC               | CORP              | JP        |     41500 | NS      | $6024495.68   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| IMCD NV                                        | IMCD NV                                                      | CUSIP: 000000000<br>LEI: 724500NSJPNFJPDAUP02 | Long             | EC               | CORP              | NL        |     38397 | NS      | $5158452.55   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| MOL Hungarian Oil & Gas PLC                    | MOL Hungarian Oil & Gas PLC                                  | CUSIP: 000000000<br>LEI: 213800R83KX5FQFGXS67 | Long             | EC               | CORP              | HU        |    157107 | NS      | $1367981.28   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Densan System Holdings Co Ltd                  | Densan System Holdings Co Ltd                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      1500 | NS      | $27467.80     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Focus Technology Co Ltd                        | Focus Technology Co Ltd                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     46300 | NS      | $295226.71    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresnillo PLC                                  | Fresnillo PLC                                                | CUSIP: 000000000<br>LEI: 549300JXWH1UV5J0XV81 | Long             | EC               | CORP              | MX        |     60094 | NS      | $1187827.62   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Pro Medicus Ltd                                | Pro Medicus Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     22715 | NS      | $4261911.01   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| AlphaPolis Co Ltd                              | AlphaPolis Co Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      4500 | NS      | $46967.12     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Ricoh Co Ltd                                   | Ricoh Co Ltd                                                 | CUSIP: 000000000<br>LEI: 549300HFIB2GRUMDID72 | Long             | EC               | CORP              | JP        |     46300 | NS      | $439030.94    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Emerging Markets ETF              | iShares MSCI Emerging Markets ETF                            | CUSIP: 464287234<br>LEI: 549300BPYHDEDI59G670 | Long             | EC               | RF                | US        |     16391 | NS      | $790701.84    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| VIEL & Cie SA                                  | VIEL & Cie SA                                                | CUSIP: 000000000<br>LEI: 9695004FALTKA67E3T78 | Long             | EC               | CORP              | FR        |      2063 | NS      | $37180.70     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| B&M European Value Retail SA                   | B&M European Value Retail SA                                 | CUSIP: 000000000<br>LEI: 213800UK7ZRLY2K1X530 | Long             | EC               | CORP              | GB        |    587297 | NS      | $2187899.86   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| XTB SA                                         | XTB SA                                                       | CUSIP: 000000000<br>LEI: 259400AVUPSABLEXNT19 | Long             | EC               | CORP              | PL        |     31993 | NS      | $723056.80    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Qantas Airways Ltd                             | Qantas Airways Ltd                                           | CUSIP: 000000000<br>LEI: YLXNW6TI6QSK1H8H0N82 | Long             | EC               | CORP              | AU        |    242759 | NS      | $1715949.52   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| TIANYU PHARMA                                  | Zhejiang Tianyu Pharmaceutical Co Ltd                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     64600 | NS      | $209698.70    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Orion Oyj                                      | Orion Oyj                                                    | CUSIP: 000000000<br>LEI: 74370029VAHCXDR7B745 | Long             | EC               | CORP              | FI        |      1135 | NS      | $84630.41     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Stella-Jones Inc                               | Stella-Jones Inc                                             | CUSIP: 85853F105<br>LEI: 5493007LOVNNLYJ6KZ35 | Long             | EC               | CORP              | CA        |     44977 | NS      | $2592432.33   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Akatsuki Inc                                   | Akatsuki Inc                                                 | CUSIP: 000000000<br>LEI: 353800EZN28NUOR4N912 | Long             | EC               | CORP              | JP        |      2700 | NS      | $56716.78     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Centerra Gold Inc                              | Centerra Gold Inc                                            | CUSIP: 152006102<br>LEI: 549300K0HXTMP5JJ0E62 | Long             | EC               | CORP              | CA        |     28100 | NS      | $202431.43    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultrapar Participacoes SA                      | Ultrapar Participacoes SA                                    | CUSIP: 000000000<br>LEI: 529900FU4XBXGQMLRE72 | Long             | EC               | CORP              | BR        |    301600 | NS      | $974783.46    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Pandora A/S                                    | Pandora A/S                                                  | CUSIP: 000000000<br>LEI: 5299007OWYZ6I1E46843 | Long             | EC               | CORP              | DK        |      1089 | NS      | $191192.90    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Copco AB                                 | Atlas Copco AB                                               | CUSIP: 000000000<br>LEI: 213800T8PC8Q4FYJZR07 | Long             | EC               | CORP              | SE        |    539536 | NS      | $7667411.68   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Schindler Holding AG                           | Schindler Holding AG                                         | CUSIP: 000000000<br>LEI: 5299007DRLI319H7Q933 | Long             | EC               | CORP              | CH        |     11254 | NS      | $4184170.40   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Beijing Fourth Paradigm Techno                 | Beijing Fourth Paradigm Technology Co Ltd                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     22500 | NS      | $147325.78    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SeAH Holdings Corp                             | SeAH Holdings Corp                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       268 | NS      | $24683.17     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI EAFE ETF                          | iShares MSCI EAFE ETF                                        | CUSIP: 464287465<br>LEI: 549300O0XO3KDQV68404 | Long             | EC               | RF                | US        |     10430 | NS      | $932337.70    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Asustek Computer Inc                           | Asustek Computer Inc                                         | CUSIP: 000000000<br>LEI: 254900B3WB4OGRB7HM13 | Long             | EC               | CORP              | TW        |    298000 | NS      | $6569628.92   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Nintendo Co Ltd                                | Nintendo Co Ltd                                              | CUSIP: 000000000<br>LEI: 353800FEEXU6I9M0ZF27 | Long             | EC               | CORP              | JP        |     67800 | NS      | $6534939.75   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                               | Novo Nordisk A/S                                             | CUSIP: 000000000<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |     47323 | NS      | $3284498.25   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                                        | CRH PLC                                                      | CUSIP: 000000000<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | US        |    113907 | NS      | $10494510.25  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Computer Engineering & Consult                 | Computer Engineering & Consulting Ltd                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      4100 | NS      | $62408.94     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Elecom Co Ltd                                  | Elecom Co Ltd                                                | CUSIP: 000000000<br>LEI: 353800BXFUVR7EPC0G35 | Long             | EC               | CORP              | JP        |     23100 | NS      | $290344.09    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MonotaRO Co Ltd                                | MonotaRO Co Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    275600 | NS      | $5444824.83   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Eugene Technology Co Ltd                       | Eugene Technology Co Ltd                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      3281 | NS      | $95055.65     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Buffalo Inc /Japan                             | Buffalo Inc /Japan                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      1700 | NS      | $27045.59     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognyte Software Ltd                           | Cognyte Software Ltd                                         | CUSIP: 000000000<br>LEI: 2549006L803IRJC67B33 | Long             | EC               | CORP              | IL        |       780 | NS      | $7207.20      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Opple Lighting Co Ltd                          | Opple Lighting Co Ltd                                        | CUSIP: 000000000<br>LEI: 8368000JEBQ057H9J754 | Long             | EC               | CORP              | CN        |    124199 | NS      | $311819.13    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Erste Group Bank AG                            | Erste Group Bank AG                                          | CUSIP: 000000000<br>LEI: PQOH26KWDF7CG10L6792 | Long             | EC               | CORP              | AT        |     28918 | NS      | $2462824.17   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Dai-ichi Life Holdings Inc                     | Dai-ichi Life Holdings Inc                                   | CUSIP: 000000000<br>LEI: 549300ZUFXI7JXZVTZ25 | Long             | EC               | CORP              | JP        |    102800 | NS      | $782395.06    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SoftBank Group Corp                            | SoftBank Group Corp                                          | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | EC               | CORP              | JP        |     15200 | NS      | $1109878.13   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| JASPER INFOTECH PRIVATE LTD.                   | PROJECT STAR                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IN        |    227200 | NS      | $73304.85     | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| NatWest Group PLC                              | NatWest Group PLC                                            | CUSIP: 000000000<br>LEI: 2138005O9XJIJN4JPN90 | Long             | EC               | CORP              | GB        |    426077 | NS      | $2990946.39   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Realtek Semiconductor Corp                     | Realtek Semiconductor Corp                                   | CUSIP: 000000000<br>LEI: 5299002E7F36O00MYY75 | Long             | EC               | CORP              | TW        |    184000 | NS      | $3571409.01   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLD MANTIS                                    | Suzhou Gold Mantis Construction Decoration Co Ltd            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    314300 | NS      | $150449.93    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Samudera Shipping Line Ltd                     | Samudera Shipping Line Ltd                                   | CUSIP: 000000000<br>LEI: 254900YRA2OBY5SUJW72 | Long             | EC               | CORP              | SG        |    237400 | NS      | $155901.69    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Mphasis Ltd                                    | Mphasis Ltd                                                  | CUSIP: 000000000<br>LEI: 335800NSYTIQLQKUYP62 | Long             | EC               | CORP              | IN        |     21339 | NS      | $707998.96    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Kitz Corp                                      | Kitz Corp                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      8000 | NS      | $65886.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Evolution Mining Ltd                           | Evolution Mining Ltd                                         | CUSIP: 000000000<br>LEI: 254900BCFW5QO5LW8F27 | Long             | EC               | CORP              | AU        |     95077 | NS      | $487458.69    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NEC Corp                                       | NEC Corp                                                     | CUSIP: 000000000<br>LEI: 5493000QYMPFRTEY4K28 | Long             | EC               | CORP              | JP        |    136500 | NS      | $3999121.56   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| OBIC Bus Consult                               | OBIC Business Consultants Co Ltd                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       600 | NS      | $35569.60     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ABN AMRO Bank NV                               | ABN AMRO Bank NV                                             | CUSIP: 000000000<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | EC               | CORP              | NL        |    140004 | NS      | $3832687.62   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| AP Moller - Maersk A/S                         | AP Moller - Maersk A/S                                       | CUSIP: 000000000<br>LEI: 549300D2K6PKKKXVNN73 | Long             | EC               | CORP              | DK        |      1649 | NS      | $3065636.47   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Medical Dynamic Marketin                 | Japan Medical Dynamic Marketing Inc                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     14400 | NS      | $56898.02     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Miroku Jyoho Service Co Ltd                    | Miroku Jyoho Service Co Ltd                                  | CUSIP: 000000000<br>LEI: 3538009FEB7DY7VJDQ12 | Long             | EC               | CORP              | JP        |     14900 | NS      | $185622.72    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Careium AB                                     | Careium AB                                                   | CUSIP: 000000000<br>LEI: 6367001JL5KLOOP2CW41 | Long             | EC               | CORP              | SE        |       276 | NS      | $904.35       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Research Institute                  | Mitsubishi Research Institute Inc                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      6400 | NS      | $203548.49    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Coal India Ltd                                 | Coal India Ltd                                               | CUSIP: 000000000<br>LEI: 335800NLJQZNHM9LBB31 | Long             | EC               | CORP              | IN        |    658178 | NS      | $3008079.14   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Systems Technology Inc/South K                 | Systems Technology Inc/South Korea                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      6018 | NS      | $85079.61     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hisamitsu Pharmaceutical Co In                 | Hisamitsu Pharmaceutical Co Inc                              | CUSIP: 000000000<br>LEI: 5299006QL3IBQ4CN7E12 | Long             | EC               | CORP              | JP        |      4900 | NS      | $139645.15    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Banca Mediolanum SpA                           | Banca Mediolanum SpA                                         | CUSIP: 000000000<br>LEI: 7LVZJ6XRIE7VNZ4UBX81 | Long             | EC               | CORP              | IT        |     64936 | NS      | $1118303.70   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Music Entertainment Gr                 | Tencent Music Entertainment Group                            | CUSIP: 88034P109<br>LEI: 213800XTZK2GOHQTYK41 | Long             | EC               | CORP              | CN        |    466871 | NS      | $9099315.79   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Pou Chen Corp                                  | Pou Chen Corp                                                | CUSIP: 000000000<br>LEI: 25490027LIXQ7W4PBH18 | Long             | EC               | CORP              | TW        |    327000 | NS      | $346455.22    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| DRI Healthcare Trust                           | DRI Healthcare Trust                                         | CUSIP: 23344H109<br>LEI: 54930026XW2PX1DRPQ05 | Long             | EC               | CORP              | CA        |      5500 | NS      | $53879.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shindengen Electric Manufactur                 | Shindengen Electric Manufacturing Co Ltd                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      1400 | NS      | $21388.15     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Double Standard Inc                            | Double Standard Inc                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2300 | NS      | $24963.72     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Birlasoft Ltd                                  | Birlasoft Ltd                                                | CUSIP: 000000000<br>LEI: 335800287UMX47DWBF82 | Long             | EC               | CORP              | IN        |     67943 | NS      | $343438.56    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| REC Ltd                                        | REC Ltd                                                      | CUSIP: 000000000<br>LEI: 335800B4YRYWAMIJZ374 | Long             | EC               | CORP              | IN        |     68397 | NS      | $320929.95    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                                | ASML Holding NV                                              | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |      8030 | NS      | $6409376.73   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia De Sanena Do Parana                        | Cia De Sanena Do Parana                                      | CUSIP: 000000000<br>LEI: 254900SZW9X2D21A7X94 | Long             | EC               | CORP              | BR        |     10300 | NS      | $72400.10     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Daihatsu Infinearth Mfg Co Ltd                 | Daihatsu Infinearth Mfg Co Ltd                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       998 | NS      | $15863.49     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Yang Ming Marine Transport Cor                 | Yang Ming Marine Transport Corp                              | CUSIP: 000000000<br>LEI: 254900WG2ACWNVSP6E13 | Long             | EC               | CORP              | TW        |    199000 | NS      | $484352.32    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Continental AG                                 | Continental AG                                               | CUSIP: 000000000<br>LEI: 529900A7YD9C0LLXM621 | Long             | EC               | CORP              | DE        |     24790 | NS      | $2163822.30   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Innox Advanced Materials Co Lt                 | Innox Advanced Materials Co Ltd                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      5522 | NS      | $92674.35     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Post Insurance Co Ltd                    | Japan Post Insurance Co Ltd                                  | CUSIP: 000000000<br>LEI: 54930042SK2Z708BA841 | Long             | EC               | CORP              | JP        |     13500 | NS      | $305708.14    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKWOOL A/S                                   | ROCKWOOL A/S                                                 | CUSIP: 000000000<br>LEI: 213800QRC7LNX935OZ09 | Long             | EC               | CORP              | DK        |      5930 | NS      | $277505.74    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Chartered PLC                         | Standard Chartered PLC                                       | CUSIP: 000000000<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | EC               | CORP              | GB        |     57911 | NS      | $959462.82    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd                           | Tencent Holdings Ltd                                         | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |    349900 | NS      | $22420486.75  | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Millennium SA                             | Bank Millennium SA                                           | CUSIP: 000000000<br>LEI: 259400OFDZ9KPZEO8K78 | Long             | EC               | CORP              | PL        |      1256 | NS      | $4983.09      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Financial Services Soft                 | Oracle Financial Services Software Ltd                       | CUSIP: 34074MUF6<br>LEI: 3358008SYNPKSPNMTJ57 | Long             | EC               | CORP              | US        |       340 | NS      | $35625.47     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVER Corp                                     | NAVER Corp                                                   | CUSIP: 000000000<br>LEI: 988400ULUQYDB2HQYJ61 | Long             | EC               | CORP              | KR        |     19145 | NS      | $3723742.22   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| DAH SING                                       | Dah Sing Financial Holdings Ltd                              | CUSIP: 000000000<br>LEI: 529900J55QMXMR5KMH32 | Long             | EC               | CORP              | HK        |     30000 | NS      | $113694.99    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Finance Corp Ltd                         | Power Finance Corp Ltd                                       | CUSIP: 000000000<br>LEI: 3358003Q6D9LIJJZ1614 | Long             | EC               | CORP              | IN        |    147642 | NS      | $735799.80    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhejiang Semir Garment Co Ltd                  | Zhejiang Semir Garment Co Ltd                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |   1354878 | NS      | $994579.34    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Pop Mart International Group L                 | Pop Mart International Group Ltd                             | CUSIP: 000000000<br>LEI: 9845000A05E8F937E337 | Long             | EC               | CORP              | CN        |     67000 | NS      | $2275453.98   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                                    | Novartis AG                                                  | CUSIP: 000000000<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |     33150 | NS      | $4017941.27   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Phison Electronics Corp                        | Phison Electronics Corp                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     40000 | NS      | $688758.04    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Empire Co Ltd                                  | Empire Co Ltd                                                | CUSIP: 291843407<br>LEI: 549300TX0ZUSTEF7C719 | Long             | EC               | CORP              | CA        |     68700 | NS      | $2850917.57   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| JB Financial Group Co Ltd                      | JB Financial Group Co Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     22329 | NS      | $339997.74    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinaxis Inc                                    | Kinaxis Inc                                                  | CUSIP: 49448Q109<br>LEI: 5299009VAZ14K7PFUQ15 | Long             | EC               | CORP              | CA        |      2195 | NS      | $326441.27    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrica Holdings Co Ltd                        | Fabrica Holdings Co Ltd                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2500 | NS      | $34130.76     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Magni-Tech Industries Bhd                      | Magni-Tech Industries Bhd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     32900 | NS      | $16955.94     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| HXDQ                                           | Hisense Visual Technology Co Ltd                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    174200 | NS      | $559637.71    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| International Games System Co                  | International Games System Co Ltd                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     63000 | NS      | $1850403.94   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Hemisphere Energy Corp                         | Hemisphere Energy Corp                                       | CUSIP: 423630102<br>LEI: 549300CG6PCKBXM8GM11 | Long             | EC               | CORP              | CA        |     20900 | NS      | $28240.13     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PSBC                                           | Postal Savings Bank of China Co Ltd                          | CUSIP: 000000000<br>LEI: 300300C1040311005298 | Long             | EC               | CORP              | CN        |   2409000 | NS      | $1681707.53   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ING Groep NV                                   | ING Groep NV                                                 | CUSIP: 000000000<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EC               | CORP              | NL        |    135360 | NS      | $2969865.63   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| REA Group Ltd                                  | REA Group Ltd                                                | CUSIP: 000000000<br>LEI: 894500KA4UBDATOFPN36 | Long             | EC               | CORP              | AU        |      3964 | NS      | $627415.95    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BOE Technology Group Co Ltd                    | BOE Technology Group Co Ltd                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |   2554900 | NS      | $1422657.32   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc                               | MercadoLibre Inc                                             | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |      7680 | NS      | $20072678.40  | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Neo Performance Materials Inc                  | Neo Performance Materials Inc                                | CUSIP: 64046G106<br>LEI: 984500E2A5I396CB6D96 | Long             | EC               | CORP              | CA        |      2852 | NS      | $30472.99     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PAX Global Technology Ltd                      | PAX Global Technology Ltd                                    | CUSIP: 000000000<br>LEI: 5299008CRGPD1WZXCD36 | Long             | EC               | CORP              | HK        |    104968 | NS      | $80899.42     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hiab Oyj                                       | Hiab Oyj                                                     | CUSIP: 000000000<br>LEI: 5493002B0GOVF42KWX33 | Long             | EC               | CORP              | FI        |      2701 | NS      | $163536.45    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PR Times Corp                                  | PR Times Corp                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2200 | NS      | $35748.76     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever PLC                                   | Unilever PLC                                                 | CUSIP: 000000000<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |    105777 | NS      | $6424869.86   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Genesys Logic Inc                              | Genesys Logic Inc                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     51000 | NS      | $260132.82    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Anpec Electronics Corp                         | Anpec Electronics Corp                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     19000 | NS      | $116424.76    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| OCEANAGOLD CORP                                | OCEANAGOLD CORP                                              | CUSIP: 675222400<br>LEI: 549300CBMSE8I9N3E232 | Long             | EC               | CORP              | CA        |     71233 | NS      | $1005399.89   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Infosys Ltd                                    | Infosys Ltd                                                  | CUSIP: 000000000<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |    307117 | NS      | $5736240.80   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| MMC Norilsk Nickel PJSC                        | MMC Norilsk Nickel PJSC                                      | CUSIP: 55315J102<br>LEI: 253400JPTEEW143W3E47 | Long             | EC               | CORP              | RU        |         4 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Bank of Nova Scotia/The                        | Bank of Nova Scotia/The                                      | CUSIP: 064149107<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | EC               | CORP              | CA        |      4700 | NS      | $259893.52    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Genmab A/S                                     | Genmab A/S                                                   | CUSIP: 000000000<br>LEI: 529900MTJPDPE4MHJ122 | Long             | EC               | CORP              | DK        |      4740 | NS      | $984108.94    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Business Engineering Corp                      | Business Engineering Corp                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      1100 | NS      | $42929.06     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Korean Reinsurance Co                          | Korean Reinsurance Co                                        | CUSIP: 000000000<br>LEI: 988400GFST66YNV5UF89 | Long             | EC               | CORP              | KR        |      1886 | NS      | $14309.90     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sok Marketler Ticaret AS                       | Sok Marketler Ticaret AS                                     | CUSIP: 000000000<br>LEI: 7890005KB5WP0KUURR88 | Long             | EC               | CORP              | TR        |    130250 | NS      | $113836.17    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DSV A/S                                        | DSV A/S                                                      | CUSIP: 000000000<br>LEI: 529900X41C0BSLK67H70 | Long             | EC               | CORP              | DK        |     46547 | NS      | $11185243.18  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Leong Bank Bhd                            | Hong Leong Bank Bhd                                          | CUSIP: 000000000<br>LEI: 549300BUPYUQGB5BFX94 | Long             | EC               | CORP              | MY        |    128300 | NS      | $597240.23    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Jilin OLED Material Tech Co Lt                 | Jilin OLED Material Tech Co Ltd                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     51146 | NS      | $120273.09    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| YTL CORP BHD                                   | YTL CORP BHD                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     48900 | NS      | $9523.33      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Topy Industries Ltd                            | Topy Industries Ltd                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3000 | NS      | $47185.86     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AO World PLC                                   | AO World PLC                                                 | CUSIP: 000000000<br>LEI: 2138005FFOAJIUZY4375 | Long             | EC               | CORP              | GB        |     43489 | NS      | $57784.93     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Axell Corp                                     | Axell Corp                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      1200 | NS      | $7883.06      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Amadeus IT Group SA                            | Amadeus IT Group SA                                          | CUSIP: 000000000<br>LEI: 9598004A3FTY3TEHHN09 | Long             | EC               | CORP              | ES        |     93133 | NS      | $7841786.12   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Lasertec Corp                                  | Lasertec Corp                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     22900 | NS      | $3086621.99   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Wartsila OYJ Abp                               | Wartsila OYJ Abp                                             | CUSIP: 000000000<br>LEI: 743700G7A9J1PHM3X223 | Long             | EC               | CORP              | FI        |     47574 | NS      | $1123037.46   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Lenovo Group Ltd                               | Lenovo Group Ltd                                             | CUSIP: 000000000<br>LEI: 254900VUZRGD5U73RE46 | Long             | EC               | CORP              | CN        |   2026000 | NS      | $2431215.49   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| LG Electronics Inc                             | LG Electronics Inc                                           | CUSIP: 000000000<br>LEI: 988400RMQFTGZIOG0609 | Long             | EC               | CORP              | KR        |     22703 | NS      | $1241465.17   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Shinnihonseiyaku Co Ltd                        | Shinnihonseiyaku Co Ltd                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2500 | NS      | $40432.62     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Financial Square Government Fund | Goldman Sachs Financial Square Government Fund               | CUSIP: 38141W273<br>LEI: 549300BRJMXN4GUWZ402 | Long             | STIV             | RF                | US        |   1117100 | NS      | $1117099.89   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| China Construction Bank Corp                   | China Construction Bank Corp                                 | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | EC               | CORP              | CN        |   5784000 | NS      | $5835614.24   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Zenrin Co Ltd                                  | Zenrin Co Ltd                                                | CUSIP: 000000000<br>LEI: 353800AOWZ4V1DJ17N16 | Long             | EC               | CORP              | JP        |     14400 | NS      | $102696.43    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Otsuka Corp                                    | Otsuka Corp                                                  | CUSIP: 000000000<br>LEI: 529900RG9DJ58J3UIE72 | Long             | EC               | CORP              | JP        |     72800 | NS      | $1484512.34   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Pagseguro Digital Ltd                          | Pagseguro Digital Ltd                                        | CUSIP: 000000000<br>LEI: 391200VY4YW47I4HGH62 | Long             | EC               | CORP              | BR        |     76123 | NS      | $733825.72    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Akasha Wira International Tbk                  | Akasha Wira International Tbk PT                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |     37900 | NS      | $25270.56     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Aecon Group Inc                                | Aecon Group Inc                                              | CUSIP: 00762V109<br>LEI: 549300VROCXVWXFR8B83 | Long             | EC               | CORP              | CA        |      7100 | NS      | $107249.50    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Singapore Exchange Ltd                         | Singapore Exchange Ltd                                       | CUSIP: 000000000<br>LEI: 549300IQ650PPXM76X03 | Long             | EC               | CORP              | SG        |    162097 | NS      | $1896974.72   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Ipsen SA                                       | Ipsen SA                                                     | CUSIP: 000000000<br>LEI: 549300M6SGDPB4Z94P11 | Long             | EC               | CORP              | FR        |      3264 | NS      | $388712.19    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| China Minsheng Banking Corp Lt                 | China Minsheng Banking Corp Ltd                              | CUSIP: 000000000<br>LEI: 549300HBUGSQD1VCXG94 | Long             | EC               | CORP              | CN        |   1736000 | NS      | $984108.18    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Software Inc/Can                 | Constellation Software Inc/Canada                            | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |      1966 | NS      | $7208835.10   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Perusahaan Gas Negara Tbk PT                   | Perusahaan Gas Negara Tbk PT                                 | CUSIP: 000000000<br>LEI: 549300OX1VFDX7ZPN240 | Long             | EC               | CORP              | ID        |   2926720 | NS      | $291139.69    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| adidas AG                                      | adidas AG                                                    | CUSIP: 000000000<br>LEI: 549300JSX0Z4CW0V5023 | Long             | EC               | CORP              | DE        |     13849 | NS      | $3229243.38   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaspi.KZ JSC                                   | Kaspi.KZ JSC                                                 | CUSIP: 48581R205<br>LEI: 2549003YU6FARG8OAZ13 | Long             | EC               | CORP              | KZ        |     46648 | NS      | $3959948.72   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| JK Holdings Co Ltd                             | JK Holdings Co Ltd                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3600 | NS      | $29698.97     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Weblink International Inc                      | Weblink International Inc                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     25000 | NS      | $50236.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| VTEX                                           | VTEX                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |     16885 | NS      | $111441.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shopify Inc                                    | Shopify Inc                                                  | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |     44830 | NS      | $5171140.50   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd                                        | Sea Ltd                                                      | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | SG        |     90692 | NS      | $14505278.48  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| SMK Corp                                       | SMK Corp                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      1300 | NS      | $20338.88     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Hearts Holdings Co Ltd                 | Digital Hearts Holdings Co Ltd                               | CUSIP: 000000000<br>LEI: 353800YFGI3U64VW0H08 | Long             | EC               | CORP              | JP        |      3500 | NS      | $24329.02     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Charoen Pokphand Foods PCL                     | Charoen Pokphand Foods PCL                                   | CUSIP: 000000000<br>LEI: 529900FJ3AI2GKGIWK15 | Long             | EC               | CORP              | TH        |    149900 | NS      | $106054.52    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Topicus.com Inc                                | Topicus.com Inc                                              | CUSIP: 89072T102<br>LEI: N/A                  | Long             | EC               | CORP              | NL        |     57059 | NS      | $7148768.86   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Norconsult Norge AS                            | Norconsult Norge AS                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | NO        |     12574 | NS      | $56761.02     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Puritic Corp                            | Taiwan Puritic Corp                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      4770 | NS      | $64254.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HCL Technologies Ltd                           | HCL Technologies Ltd                                         | CUSIP: 000000000<br>LEI: 549300C1F8OLYSOQYB65 | Long             | EC               | CORP              | IN        |    210125 | NS      | $4235332.03   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| EXOR NV                                        | EXOR NV                                                      | CUSIP: 000000000<br>LEI: 5493002ENHZ6NYET7405 | Long             | EC               | CORP              | NL        |     43850 | NS      | $4421506.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Lufthansa AG                          | Deutsche Lufthansa AG                                        | CUSIP: 000000000<br>LEI: 529900PH63HYJ86ASW55 | Long             | EC               | CORP              | DE        |    119609 | NS      | $1011614.77   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Nice Ltd                                       | Nice Ltd                                                     | CUSIP: 653656108<br>LEI: 254900YTY4EF5Z4W0A51 | Long             | EC               | CORP              | IL        |      4465 | NS      | $754183.15    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Kweichow Moutai Co Ltd                         | Kweichow Moutai Co Ltd                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     14200 | NS      | $2793271.09   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| JAC Recruitment Co Ltd                         | JAC Recruitment Co Ltd                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     21439 | NS      | $150812.17    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                                           | Taiwan Semiconductor Manufacturing Co Ltd                    | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    789000 | NS      | $28630015.06  | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Compal Electronics Inc                         | Compal Electronics Inc                                       | CUSIP: 000000000<br>LEI: 529900ZPKWFDL21LW166 | Long             | EC               | CORP              | TW        |    235000 | NS      | $233294.54    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Vatti Corp Ltd                                 | Vatti Corp Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    130300 | NS      | $114379.60    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Thungela Resources Ltd                         | Thungela Resources Ltd                                       | CUSIP: 000000000<br>LEI: 213800EGYK3BN3SRIF27 | Long             | EC               | CORP              | ZA        |     16468 | NS      | $78871.52     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Klepierre SA                                   | Klepierre SA                                                 | CUSIP: 000000000<br>LEI: 969500PB4U31KEFHZ621 | Long             | EC               | CORP              | FR        |     55271 | NS      | $2177160.51   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Natural Food International Hol                 | Natural Food International Holding Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    344000 | NS      | $34619.33     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| A&D HOLON Holdings Co Ltd                      | A&D HOLON Holdings Co Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      1800 | NS      | $26286.59     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Tata Elxsi Ltd                                 | Tata Elxsi Ltd                                               | CUSIP: 000000000<br>LEI: 335800OWLDKWXSI48N33 | Long             | EC               | CORP              | IN        |     16140 | NS      | $1187539.65   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIGExN Co Ltd                                  | ZIGExN Co Ltd                                                | CUSIP: 000000000<br>LEI: 353800CPG4PKAGE5BY88 | Long             | EC               | CORP              | JP        |     29300 | NS      | $98680.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Government Portfolio                  | Fidelity Government Portfolio                                | CUSIP: 316175108<br>LEI: 549300FQDFZGLUOCWN51 | Long             | STIV             | RF                | US        |   1117100 | NS      | $1117099.89   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PTT Exploration & Production P                 | PTT Exploration & Production PCL                             | CUSIP: 000000000<br>LEI: 2549001O8YYGP5N7Q076 | Long             | EC               | CORP              | TH        |    905000 | NS      | $3048333.14   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays PLC                                   | Barclays PLC                                                 | CUSIP: 06738E204<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EC               | CORP              | GB        |    229334 | NS      | $4263319.06   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Bird Tbk PT                               | Blue Bird Tbk PT                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |    479300 | NS      | $56978.69     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Martinrea International Inc                    | Martinrea International Inc                                  | CUSIP: 573459104<br>LEI: 5493004U3PUN21MLJG41 | Long             | EC               | CORP              | CA        |     25979 | NS      | $161778.53    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Perfect World Co Ltd/China                     | Perfect World Co Ltd/China                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    637900 | NS      | $1350490.96   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| TES Co Ltd/Korea                               | TES Co Ltd/Korea                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      3012 | NS      | $56575.43     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HyVision System Inc                            | HyVision System Inc                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      3049 | NS      | $33097.10     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Rational AG                                    | Rational AG                                                  | CUSIP: 000000000<br>LEI: 529900K139N6UFJ1A758 | Long             | EC               | CORP              | DE        |      4809 | NS      | $4033310.22   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Time Publishing                                | Time Publishing and Media Co Ltd                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    115760 | NS      | $144104.28    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SSAB AB                                        | SSAB AB                                                      | CUSIP: 000000000<br>LEI: 529900329VS14ZIML164 | Long             | EC               | CORP              | SE        |     48058 | NS      | $283850.48    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Canny Elevator Co Ltd                          | Canny Elevator Co Ltd                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    464600 | NS      | $455814.39    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Wolters Kluwer NV                              | Wolters Kluwer NV                                            | CUSIP: 000000000<br>LEI: 724500TEM53I0U077B74 | Long             | EC               | CORP              | NL        |     63646 | NS      | $10642247.82  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Costamare Bulkers Holdings Ltd                 | Costamare Bulkers Holdings Ltd                               | CUSIP: 000000000<br>LEI: 529900XOR3ESNE5WKB78 | Long             | EC               | CORP              | MC        |      1820 | NS      | $15779.40     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Hynix Inc                                   | SK Hynix Inc                                                 | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |      1371 | NS      | $296630.11    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA TAIPING                                  | China Taiping Insurance Holdings Co Ltd                      | CUSIP: 000000000<br>LEI: 529900C2G37NOIADYW07 | Long             | EC               | CORP              | HK        |    124800 | NS      | $243242.31    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ID Holdings Corp                               | ID Holdings Corp                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3000 | NS      | $49414.95     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                                         | SAP SE                                                       | CUSIP: 000000000<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |     45454 | NS      | $13822006.52  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| BlueScope Steel Ltd                            | BlueScope Steel Ltd                                          | CUSIP: 000000000<br>LEI: 529900H6UQI16XACWC95 | Long             | EC               | CORP              | AU        |    102172 | NS      | $1554020.44   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Brother Industries Ltd                         | Brother Industries Ltd                                       | CUSIP: 114813108<br>LEI: 549300O5FACQ67KI6R92 | Long             | EC               | CORP              | JP        |      7600 | NS      | $131464.88    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Hapoalim BM                               | Bank Hapoalim BM                                             | CUSIP: 000000000<br>LEI: B6ARUI4946ST4S7WOU88 | Long             | EC               | CORP              | IL        |     62497 | NS      | $1198989.44   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ElvalHalcor SA                                 | ElvalHalcor SA                                               | CUSIP: 000000000<br>LEI: 213800EYWS2GY56AWP42 | Long             | EC               | CORP              | GR        |     15723 | NS      | $46024.46     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PSK Inc                                        | PSK Inc                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     24845 | NS      | $356585.40    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Centrica PLC                                   | Centrica PLC                                                 | CUSIP: 000000000<br>LEI: E26EDV109X6EEPBKVH76 | Long             | EC               | CORP              | GB        |    955870 | NS      | $2119657.09   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Osaki Electric Co Ltd                          | Osaki Electric Co Ltd                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     12200 | NS      | $81245.79     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Silergy Corp                                   | Silergy Corp                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    193000 | NS      | $2348743.67   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Exem Co Ltd                                    | Exem Co Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     20232 | NS      | $32980.44     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Ahold Delhaize NV                  | Koninklijke Ahold Delhaize NV                                | CUSIP: 000000000<br>LEI: 724500C9GNBV20UYRX36 | Long             | EC               | CORP              | NL        |     14117 | NS      | $590333.77    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Credicorp Ltd                                  | Credicorp Ltd                                                | CUSIP: 000000000<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | EC               | CORP              | PE        |      5169 | NS      | $1155374.88   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercorp Financial Services I                 | Intercorp Financial Services Inc                             | CUSIP: 000000000<br>LEI: 5299004181WFTEWB1398 | Long             | EC               | CORP              | PE        |      5386 | NS      | $205368.18    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| B3 SA - Brasil Bolsa Balcao                    | B3 SA - Brasil Bolsa Balcao                                  | CUSIP: 000000000<br>LEI: 4GTK5S46E6H318LMDS44 | Long             | EC               | CORP              | BR        |    284900 | NS      | $762446.12    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CES Energy Solutions Corp                      | CES Energy Solutions Corp                                    | CUSIP: 15713J104<br>LEI: 984500NF54914EB1B646 | Long             | EC               | CORP              | CA        |     22773 | NS      | $110875.70    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PZU                                            | Powszechny Zaklad Ubezpieczen SA                             | CUSIP: 000000000<br>LEI: QLPCKOOKVX32FUELX240 | Long             | EC               | CORP              | PL        |     88044 | NS      | $1538910.48   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Technoprobe SpA                                | Technoprobe SpA                                              | CUSIP: 000000000<br>LEI: 8156007154CD8334D053 | Long             | EC               | CORP              | IT        |    263826 | NS      | $2305941.87   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Adyen NV                                       | Adyen NV                                                     | CUSIP: 000000000<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |      4602 | NS      | $8447970.92   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Moriroku Co Ltd                                | Moriroku Co Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      4500 | NS      | $72403.74     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Orascom Construction PLC                       | Orascom Construction PLC                                     | CUSIP: 000000000<br>LEI: 254900ZIYKZ3Y4EANH33 | Long             | EC               | CORP              | AE        |      1344 | NS      | $8969.03      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NEOJAPAN Inc                                   | NEOJAPAN Inc                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3500 | NS      | $44477.62     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Aristocrat Leisure Ltd                         | Aristocrat Leisure Ltd                                       | CUSIP: 000000000<br>LEI: 529900TE2HO3OZKYKC27 | Long             | EC               | CORP              | AU        |    145650 | NS      | $6247166.71   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Dassault Aviation SA                           | Dassault Aviation SA                                         | CUSIP: 000000000<br>LEI: 969500CVFTUT88V8QN95 | Long             | EC               | CORP              | FR        |      5825 | NS      | $2059839.94   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Wirtualna Polska Holding SA                    | Wirtualna Polska Holding SA                                  | CUSIP: 000000000<br>LEI: 259400CSG9BYRIFPJ169 | Long             | EC               | CORP              | PL        |      1074 | NS      | $23778.27     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Subaru Corp                                    | Subaru Corp                                                  | CUSIP: 000000000<br>LEI: 549300N244BVAEE6HH86 | Long             | EC               | CORP              | JP        |     22100 | NS      | $386045.97    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Instalco AB                                    | Instalco AB                                                  | CUSIP: 000000000<br>LEI: 549300DZ9ONT2AXY4029 | Long             | EC               | CORP              | SE        |       115 | NS      | $295.37       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Bilibili Inc                                   | Bilibili Inc                                                 | CUSIP: 000000000<br>LEI: 5493008V60M52L3PIS45 | Long             | EC               | CORP              | CN        |     78360 | NS      | $1674019.83   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SAIC Motor Corp Ltd                            | SAIC Motor Corp Ltd                                          | CUSIP: 000000000<br>LEI: 30030001QBC7EXJJGT71 | Long             | EC               | CORP              | CN        |    171100 | NS      | $383246.81    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| HOCHTIEF AG                                    | HOCHTIEF AG                                                  | CUSIP: 000000000<br>LEI: 529900Y25S8NZIYTT924 | Long             | EC               | CORP              | DE        |      1038 | NS      | $204559.73    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| DNB Bank ASA                                   | DNB Bank ASA                                                 | CUSIP: 000000000<br>LEI: 549300GKFG0RYRRQ1414 | Long             | EC               | CORP              | NO        |     60564 | NS      | $1674021.31   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingnet Network Co Ltd                         | Kingnet Network Co Ltd                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    602100 | NS      | $1622573.58   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Komercni Banka AS                              | Komercni Banka AS                                            | CUSIP: 000000000<br>LEI: IYKCAVNFR8QGF00HV840 | Long             | EC               | CORP              | CZ        |      5365 | NS      | $259428.16    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale SA                            | Societe Generale SA                                          | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EC               | CORP              | FR        |    139742 | NS      | $7991771.27   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Cogeco Inc                                     | Cogeco Inc                                                   | CUSIP: 19238T100<br>LEI: 5493000KSZQCX0QM2V25 | Long             | EC               | CORP              | CA        |      3100 | NS      | $153047.92    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegro.eu SA                                  | Allegro.eu SA                                                | CUSIP: 000000000<br>LEI: 222100VRLXV3FPMG4982 | Long             | EC               | CORP              | PL        |    107738 | NS      | $1033933.28   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ValueCommerce Co Ltd                           | ValueCommerce Co Ltd                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2400 | NS      | $12982.88     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Achilles Corp                                  | Achilles Corp                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       155 | NS      | $1191.52      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                                 | BNP Paribas SA                                               | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EC               | CORP              | FR        |    106427 | NS      | $9567909.05   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA                          | Spotify Technology SA                                        | CUSIP: 000000000<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | SE        |     16828 | NS      | $12912797.52  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan System Techniques Co Ltd                 | Japan System Techniques Co Ltd                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     19600 | NS      | $263229.75    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| International Consolidated Air                 | International Consolidated Airlines Group SA                 | CUSIP: 000000000<br>LEI: 959800TZHQRUSH1ESL13 | Long             | EC               | CORP              | GB        |    608177 | NS      | $2848385.91   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Endeavour Mining PLC                           | Endeavour Mining PLC                                         | CUSIP: 000000000<br>LEI: 529900NI5MXQ91GHXR07 | Long             | EC               | CORP              | GB        |     38485 | NS      | $1176972.98   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Gem Diamonds Ltd                               | Gem Diamonds Ltd                                             | CUSIP: 000000000<br>LEI: 213800RC2PGGMZQG8L67 | Long             | EC               | CORP              | GB        |      5047 | NS      | $443.38       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Quebecor Inc                                   | Quebecor Inc                                                 | CUSIP: 748193208<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     22100 | NS      | $672696.90    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MediaTek Inc                                   | MediaTek Inc                                                 | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |    174000 | NS      | $7445570.31   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Trend Micro Inc/Japan                          | Trend Micro Inc/Japan                                        | CUSIP: 000000000<br>LEI: 3538005O5UJ5RNAGVE16 | Long             | EC               | CORP              | JP        |     34500 | NS      | $2390239.92   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| JD.com Inc                                     | JD.com Inc                                                   | CUSIP: 000000000<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | CN        |    109700 | NS      | $1787352.79   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Regis Resources Ltd                            | Regis Resources Ltd                                          | CUSIP: 000000000<br>LEI: 213800XH9YUXBLYBD749 | Long             | EC               | CORP              | AU        |    160991 | NS      | $465147.83    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity FedFund                    | BlackRock Liquidity FedFund                                  | CUSIP: 09248U700<br>LEI: 549300T8K043VZEOVK74 | Long             | STIV             | RF                | US        |   1117100 | NS      | $1117099.84   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Wipro Ltd                                      | Wipro Ltd                                                    | CUSIP: 000000000<br>LEI: 335800IFS1IJHESG8362 | Long             | EC               | CORP              | IN        |    598241 | NS      | $1855412.09   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyowa Kirin Co Ltd                             | Kyowa Kirin Co Ltd                                           | CUSIP: 000000000<br>LEI: 529900TBXKVTQGYA3582 | Long             | EC               | CORP              | JP        |     11600 | NS      | $198602.83    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Zeus Co Ltd                                    | Zeus Co Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     13585 | NS      | $129146.08    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dubai Islamic Bank PJSC                        | Dubai Islamic Bank PJSC                                      | CUSIP: 000000000<br>LEI: 5493003E7YRAQY3JGW88 | Long             | EC               | CORP              | AE        |    395091 | NS      | $975732.55    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| USISH                                          | Universal Scientific Industrial Shanghai Co Ltd              | CUSIP: 000000000<br>LEI: 655600ZQ6P2GFIBK8C07 | Long             | EC               | CORP              | CN        |    159200 | NS      | $325043.05    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Asuransi Tugu Pratama Indonesi                 | Asuransi Tugu Pratama Indonesia Tbk PT                       | CUSIP: 000000000<br>LEI: 254900B7G41QVRP9Y389 | Long             | EC               | CORP              | ID        |    107400 | NS      | $6317.65      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ITE Technology Inc                             | ITE Technology Inc                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    136000 | NS      | $656442.56    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Samudera Indonesia Tbk PT                      | Samudera Indonesia Tbk PT                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |     42480 | NS      | $816.37       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Litrak                                         | Lingkaran Trans Kota Holdings Bhd                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     42600 | NS      | $37.43        | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| LTIMindtree Ltd                                | LTIMindtree Ltd                                              | CUSIP: 000000000<br>LEI: 335800DY1I1WFHVV6T22 | Long             | EC               | CORP              | IN        |      9156 | NS      | $567659.19    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                               | Roche Holding AG                                             | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |     62404 | NS      | $20322885.63  | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SMS Co Ltd                                     | SMS Co Ltd                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      9100 | NS      | $93745.70     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| STMicroelectronics NV                          | STMicroelectronics NV                                        | CUSIP: 861012102<br>LEI: 213800Z8NOHIKRI42W10 | Long             | EC               | CORP              | CH        |      1005 | NS      | $30562.05     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CNMC Goldmine Holdings Ltd                     | CNMC Goldmine Holdings Ltd                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |    174700 | NS      | $57706.65     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Costamare Inc                                  | Costamare Inc                                                | CUSIP: 000000000<br>LEI: 5299003L6NPTZ25LN818 | Long             | EC               | CORP              | MC        |     20632 | NS      | $187957.52    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Westwing Group SE                              | Westwing Group SE                                            | CUSIP: 000000000<br>LEI: 529900BN8B4KAHILIX84 | Long             | EC               | CORP              | DE        |         2 | NS      | $18.75        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Star Resources Ltd                    | Northern Star Resources Ltd                                  | CUSIP: 000000000<br>LEI: 254900XFXCRYYZAX6M78 | Long             | EC               | CORP              | AU        |    175443 | NS      | $2141927.88   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| United Tractors Tbk PT                         | United Tractors Tbk PT                                       | CUSIP: 000000000<br>LEI: 529900N9ELYOWQV4FW14 | Long             | EC               | CORP              | ID        |    482700 | NS      | $637752.69    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ATRenew Inc                                    | ATRenew Inc                                                  | CUSIP: 00138L108<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     11140 | NS      | $36873.40     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CTS Eventim AG & Co KGaA                       | CTS Eventim AG & Co KGaA                                     | CUSIP: 000000000<br>LEI: 529900FDHSN08UBJII80 | Long             | EC               | CORP              | DE        |      2856 | NS      | $354589.34    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| JOYY Inc                                       | JOYY Inc                                                     | CUSIP: 46591M109<br>LEI: 549300N6CHVU5CQZPW24 | Long             | EC               | CORP              | SG        |     17282 | NS      | $879826.62    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Edenred SE                                     | Edenred SE                                                   | CUSIP: 000000000<br>LEI: 9695006LOD5B2D7Y0N70 | Long             | EC               | CORP              | FR        |    191524 | NS      | $5931173.74   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| OTP Bank Nyrt                                  | OTP Bank Nyrt                                                | CUSIP: 000000000<br>LEI: 529900W3MOO00A18X956 | Long             | EC               | CORP              | HU        |     38678 | NS      | $3089636.78   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Logitech International SA                      | Logitech International SA                                    | CUSIP: 000000000<br>LEI: 549300SN6PRK6IJJC215 | Long             | EC               | CORP              | CH        |     70957 | NS      | $6388768.14   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

**Name of Applicant:** Optimum Fund Trust

**Signature:** Dan Geatens

**Name of Signer:** Dan Geatens

**Title:** Division Director - Head of US Fund Administration