# EDGAR Filing Document

**Accession Number:** 0002051630
**File Stem:** 0001752724-25-196770
**Filing Date:** 2025-8
**Character Count:** 91930
**Document Hash:** 4a04d7afe374876f45186551233078db
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-196770.hdr.sgml**: 20250821

**ACCESSION NUMBER**: 0001752724-25-196770

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250821

**DATE AS OF CHANGE**: 20250821

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Lazard Active ETF Trust
- **CENTRAL INDEX KEY:** 0002051630

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-24041
- **FILM NUMBER:** 251239718

**BUSINESS ADDRESS:**
- **STREET 1:** C/O LAZARD ASSET MANAGEMENT LLC
- **STREET 2:** 30 ROCKEFELLER PLAZA
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10112
- **BUSINESS PHONE:** (800) 823-6300

**MAIL ADDRESS:**
- **STREET 1:** C/O LAZARD ASSET MANAGEMENT LLC
- **STREET 2:** 30 ROCKEFELLER PLAZA
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10112

## Series and Classes Contracts Data

### Lazard International Dynamic Equity ETF (Series ID: S000091514)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000259182 | Lazard International Dynamic Equity ETF | IEQ             |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Lazard Active ETF Trust

- **b. Investment Company Act file number:** 811-24041

- **c. CIK number of Registrant:** 0002051630

- **d. LEI of Registrant:** 254900CR1PMVJV76SB71

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

  - **Street Address 1:** 30 ROCKEFELLER PLAZA

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10112

  - **Telephone number:** 212-632-6000

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

- **a. Name of Series:** Lazard International Dynamic Equity ETF

- **b. EDGAR series identifier (if any):** S000091514

- **c. LEI of Series:** 529900OKX1482ZKW6I30

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

- **a. Date of fiscal year-end:** 2025-12-31

- **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:** $39613117.87

**Total Liabilities:** $93142.06

**Net Assets:** $39519975.81

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000259182 | 2.75%                | 5.04%                | 3.58%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-165189.65              | $470869.65                                 |
| Month 2  | $183792.63               | $4470411.32                                |
| Month 3  | $821210.22               | $488789.23                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Betsson AB                                    | Betsson AB                                    | CUSIP: 000000000<br>LEI: 549300W61XW8OFGBG077 | Long             | EC               | CORP              | SE        |      6864 | NS      | $143972.30    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Vodacom Group Ltd                             | Vodacom Group Ltd                             | CUSIP: 000000000<br>LEI: 37890012A8DC24B8D663 | Long             | EC               | CORP              | ZA        |     15369 | NS      | $118221.41    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Ping An Insurance Group Co of China Ltd       | Ping An Insurance Group Co of China Ltd       | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |     31500 | NS      | $200035.03    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| BOC Hong Kong Holdings Ltd                    | BOC Hong Kong Holdings Ltd                    | CUSIP: 000000000<br>LEI: 254900JB98W77JDJMW15 | Long             | EC               | CORP              | HK        |     17000 | NS      | $73847.13     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| State Bank of India                           | State Bank of India                           | CUSIP: 856552203<br>LEI: 5493001JZ37UBBZF6L49 | Long             | EC               | CORP              | IN        |      5437 | NS      | $518146.10    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Imperial Brands PLC                           | Imperial Brands PLC                           | CUSIP: 000000000<br>LEI: 549300DFVPOB67JL3A42 | Long             | EC               | CORP              | GB        |      5344 | NS      | $210686.91    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Basic-Fit NV                                  | Basic-Fit NV                                  | CUSIP: 000000000<br>LEI: 724500HUXGTQC07CAZ61 | Long             | EC               | CORP              | NL        |      1502 | NS      | $45559.07     | 0.12%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Titan SA                                      | Titan SA                                      | CUSIP: 000000000<br>LEI: 213800H2CDP9I374WH83 | Long             | EC               | CORP              | BE        |       863 | NS      | $38900.43     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Xiaomi Corp                                   | Xiaomi Corp                                   | CUSIP: 000000000<br>LEI: 2549001ACVFAZRNMKL32 | Long             | EC               | CORP              | KY        |     24400 | NS      | $186341.40    | 0.47%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Nova Ltd                                      | Nova Ltd                                      | CUSIP: 000000000<br>LEI: 529900B2DSWE5V3SC292 | Long             | EC               | CORP              | IL        |       171 | NS      | $47059.20     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SoftBank Corp                                 | SoftBank Corp                                 | CUSIP: 000000000<br>LEI: 353800M1YCTS9JRBJ535 | Long             | EC               | CORP              | JP        |     58500 | NS      | $90314.65     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| L'Oreal SA                                    | L'Oreal SA                                    | CUSIP: 000000000<br>LEI: 529900JI1GG6F7RKVI53 | Long             | EC               | CORP              | FR        |       385 | NS      | $164096.52    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Telecom Italia SpA/Milano                     | Telecom Italia SpA/Milano                     | CUSIP: 000000000<br>LEI: 549300W384M3RI3VXU42 | Long             | EC               | CORP              | IT        |    176783 | NS      | $86866.46     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Colruyt Group N.V                             | Colruyt Group N.V                             | CUSIP: 000000000<br>LEI: 5493000O0NZ1BCXO8K39 | Long             | EC               | CORP              | BE        |       956 | NS      | $41207.19     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Boliden AB                                    | Boliden AB                                    | CUSIP: 000000000<br>LEI: 21380059QU7IM1ONDJ56 | Long             | EC               | CORP              | SE        |      5662 | NS      | $175318.58    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| MS&AD Insurance Group Holdings Inc            | MS&AD Insurance Group Holdings Inc            | CUSIP: 000000000<br>LEI: 529900CXROT5S2HMMP26 | Long             | EC               | CORP              | JP        |     12700 | NS      | $283990.45    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrick Mining Corp                           | Barrick Mining Corp                           | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |      1937 | NS      | $40244.74     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Chugai Pharmaceutical Co Ltd                  | Chugai Pharmaceutical Co Ltd                  | CUSIP: 000000000<br>LEI: 529900T9LAII161DCN95 | Long             | EC               | CORP              | JP        |      1200 | NS      | $62515.14     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Parex Resources Inc                           | Parex Resources Inc                           | CUSIP: 69946Q104<br>LEI: 549300U7LWRGTY6XWK67 | Long             | EC               | CORP              | CA        |      3556 | NS      | $36250.61     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Skanska AB                                    | Skanska AB                                    | CUSIP: 000000000<br>LEI: 549300UINV5RINHGMG07 | Long             | EC               | CORP              | SE        |      2707 | NS      | $62545.27     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| REA Group Ltd                                 | REA Group Ltd                                 | CUSIP: 000000000<br>LEI: 894500KA4UBDATOFPN36 | Long             | EC               | CORP              | AU        |      1185 | NS      | $186762.09    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Electrical Industries Co                      | Electrical Industries Co                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |     55437 | NS      | $124310.14    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Rolls-Royce Holdings PLC                      | Rolls-Royce Holdings PLC                      | CUSIP: 000000000<br>LEI: 213800EC7997ZBLZJH69 | Long             | EC               | CORP              | GB        |     18189 | NS      | $241177.02    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| H World Group Ltd                             | H World Group Ltd                             | CUSIP: 44332N106<br>LEI: 549300Y5ML31FVN83730 | Long             | EC               | CORP              | KY        |      2807 | NS      | $95213.44     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                               | ASML Holding NV                               | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |       452 | NS      | $359520.98    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Corp                               | Brookfield Corp                               | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |      1291 | NS      | $79740.18     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| PDD Holdings Inc                              | PDD Holdings Inc                              | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | KY        |       861 | NS      | $90112.26     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| IAMGOLD Corp                                  | IAMGOLD Corp                                  | CUSIP: 450913108<br>LEI: 254900E7II30XAB9LA72 | Long             | EC               | CORP              | CA        |      7465 | NS      | $54872.81     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bradesco SA                             | Banco Bradesco SA                             | CUSIP: 000000000<br>LEI: 549300CTUU1RFXHQJE44 | Long             | EP               | CORP              | BR        |     14756 | NS      | $45502.07     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaztransport Et Technigaz SA                  | Gaztransport Et Technigaz SA                  | CUSIP: 000000000<br>LEI: 969500BVOHVZUUFWDT54 | Long             | EC               | CORP              | FR        |       614 | NS      | $121229.07    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ARC Resources Ltd                             | ARC Resources Ltd                             | CUSIP: 00208D408<br>LEI: 5493000OCGNQZEVTDT08 | Long             | EC               | CORP              | CA        |      1820 | NS      | $38294.03     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                                        | SAP SE                                        | CUSIP: 000000000<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |       209 | NS      | $63333.11     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Akbank TAS                                    | Akbank TAS                                    | CUSIP: 000000000<br>LEI: 789000TUMN63Z28TJ497 | Long             | EC               | CORP              | TR        |     39587 | NS      | $67846.09     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Advantest Corp                                | Advantest Corp                                | CUSIP: 000000000<br>LEI: 353800EMK32PDKS9XR54 | Long             | EC               | CORP              | JP        |       900 | NS      | $66388.59     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglogold Ashanti Plc                         | Anglogold Ashanti Plc                         | CUSIP: 000000000<br>LEI: 2138005YDSA7A82RNU96 | Long             | EC               | CORP              | GB        |      1369 | NS      | $62385.33     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Holcim AG                                     | Holcim AG                                     | CUSIP: 000000000<br>LEI: 529900EHPFPYHV6IQO98 | Long             | EC               | CORP              | CH        |      1475 | NS      | $109142.59    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrefour SA                                  | Carrefour SA                                  | CUSIP: 000000000<br>LEI: 549300B8P6MUJ1YWTS08 | Long             | EC               | CORP              | FR        |      7162 | NS      | $100633.10    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Software Inc/Canada             | Constellation Software Inc/Canada             | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |        22 | NS      | $80505.97     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                                | BNP Paribas SA                                | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EC               | CORP              | FR        |      5565 | NS      | $498558.28    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp                               | Sony Group Corp                               | CUSIP: 000000000<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |      5200 | NS      | $134279.48    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbus SE                                     | Airbus SE                                     | CUSIP: 000000000<br>LEI: MINO79WLOO247M1IL051 | Long             | EC               | CORP              | NL        |       541 | NS      | $112569.42    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                                     | Shell PLC                                     | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |      4538 | NS      | $158793.09    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Covivio SA/France                             | Covivio SA/France                             | CUSIP: 000000000<br>LEI: 969500P8M3W2XX376054 | Long             | EC               |  | FR        |       943 | NS      | $59276.64     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Evolution Mining Ltd                          | Evolution Mining Ltd                          | CUSIP: 000000000<br>LEI: 254900BCFW5QO5LW8F27 | Long             | EC               | CORP              | AU        |     19682 | NS      | $100480.10    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| TAG Immobilien AG                             | TAG Immobilien AG                             | CUSIP: 000000000<br>LEI: 529900TAE68USJNXLR59 | Long             | EC               | CORP              | DE        |      2778 | NS      | $49207.79     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd                                       | Sea Ltd                                       | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |       833 | NS      | $133230.02    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenaga Nasional Bhd                           | Tenaga Nasional Bhd                           | CUSIP: 000000000<br>LEI: 549300FV8X6UID6I1413 | Long             | EC               | CORP              | MY        |     14800 | NS      | $50546.02     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd                    | Samsung Electronics Co Ltd                    | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |     11130 | NS      | $493163.90    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA                         | Spotify Technology SA                         | CUSIP: 000000000<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |       266 | NS      | $204112.44    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Iberdrola SA                                  | Iberdrola SA                                  | CUSIP: 000000000<br>LEI: 5QK37QC7NWOJ8D7WVQ45 | Long             | EC               | CORP              | ES        |      6119 | NS      | $117007.56    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Star Resources Ltd                   | Northern Star Resources Ltd                   | CUSIP: 000000000<br>LEI: 254900XFXCRYYZAX6M78 | Long             | EC               | CORP              | AU        |     10230 | NS      | $124363.49    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Vale SA                                       | Vale SA                                       | CUSIP: 000000000<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |      6005 | NS      | $57928.17     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| IRESS Ltd                                     | IRESS Ltd                                     | CUSIP: 000000000<br>LEI: 5493006KZJMJI8PQXA35 | Long             | EC               | CORP              | AU        |     14286 | NS      | $74898.65     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Pop Mart International Group Ltd              | Pop Mart International Group Ltd              | CUSIP: 000000000<br>LEI: 9845000A05E8F937E337 | Long             | EC               | CORP              | KY        |      2400 | NS      | $81508.28     | 0.21%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Qifu Technology Inc                           | Qifu Technology Inc                           | CUSIP: 88557W101<br>LEI: 836800R59NKEPDR6I240 | Long             | EC               | CORP              | KY        |      1247 | NS      | $54069.92     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Xero Ltd                                      | Xero Ltd                                      | CUSIP: 000000000<br>LEI: 254900UG5D8YST164N14 | Long             | EC               | CORP              | NZ        |       704 | NS      | $82953.69     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Buzzi SpA                                     | Buzzi SpA                                     | CUSIP: 000000000<br>LEI: 5299003DX5YLKSVJ6K59 | Long             | EC               | CORP              | IT        |      1629 | NS      | $89988.17     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Orange SA                                     | Orange SA                                     | CUSIP: 000000000<br>LEI: 969500MCOONR8990S771 | Long             | EC               | CORP              | FR        |      2691 | NS      | $40796.28     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroleo Brasileiro SA - Petrobras            | Petroleo Brasileiro SA - Petrobras            | CUSIP: 000000000<br>LEI: 5493000J801JZRCMFE49 | Long             | EP               | CORP              | BR        |     30075 | NS      | $172916.72    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| ABB Ltd                                       | ABB Ltd                                       | CUSIP: 000000000<br>LEI: 5493000LKVGOO9PELI61 | Long             | EC               | CORP              | CH        |      6471 | NS      | $384601.77    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Proximus SADP                                 | Proximus SADP                                 | CUSIP: 000000000<br>LEI: 549300CWRXC5EP004533 | Long             | EC               | CORP              | BE        |      6276 | NS      | $60852.07     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale SA                           | Societe Generale SA                           | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EC               | CORP              | FR        |      3639 | NS      | $207388.03    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Hitachi Ltd                                   | Hitachi Ltd                                   | CUSIP: 000000000<br>LEI: 549300T6IPOCDWLKC615 | Long             | EC               | CORP              | JP        |      1900 | NS      | $55311.71     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MDA Space Ltd                                 | MDA Space Ltd                                 | CUSIP: 55293N109<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      2166 | NS      | $55733.43     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Metro Inc/CN                                  | Metro Inc/CN                                  | CUSIP: 59162N109<br>LEI: 549300KQ7DCG4IXSNW78 | Long             | EC               | CORP              | CA        |      1426 | NS      | $111791.29    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Next PLC                                      | Next PLC                                      | CUSIP: 000000000<br>LEI: 213800WQD8ECPZP9PH98 | Long             | EC               | CORP              | GB        |       873 | NS      | $148821.57    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcadyan Technology Corp                      | Arcadyan Technology Corp                      | CUSIP: 000000000<br>LEI: 254900R5W61G3GO1Q067 | Long             | EC               | CORP              | TW        |     11000 | NS      | $75499.79     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| T&D Holdings Inc                              | T&D Holdings Inc                              | CUSIP: 000000000<br>LEI: 3538008ARJ1MACEWA242 | Long             | EC               | CORP              | JP        |      3800 | NS      | $83395.06     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Electron Ltd                            | Tokyo Electron Ltd                            | CUSIP: 000000000<br>LEI: 549300H5LSF8DP3RIJ34 | Long             | EC               | CORP              | JP        |      2400 | NS      | $459912.08    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Daito Trust Construction Co Ltd               | Daito Trust Construction Co Ltd               | CUSIP: 000000000<br>LEI: 353800QQ4DRI3KXS3038 | Long             | EC               | CORP              | JP        |       600 | NS      | $65111.29     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Tauron Polska Energia SA                      | Tauron Polska Energia SA                      | CUSIP: 000000000<br>LEI: 259400NAPDFBOTNCRL54 | Long             | EC               | CORP              | PL        |     23904 | NS      | $55643.15     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Dunelm Group PLC                              | Dunelm Group PLC                              | CUSIP: 000000000<br>LEI: 213800WCOWEI3T5DUV19 | Long             | EC               | CORP              | GB        |      5353 | NS      | $86925.43     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| OPAP SA                                       | OPAP SA                                       | CUSIP: 000000000<br>LEI: 213800M4NRGFJCI34834 | Long             | EC               | CORP              | GR        |      4185 | NS      | $94566.78     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                              | Roche Holding AG                              | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |      1733 | NS      | $562571.86    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd                     | Alibaba Group Holding Ltd                     | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |       776 | NS      | $88006.16     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| OTP Bank Nyrt                                 | OTP Bank Nyrt                                 | CUSIP: 000000000<br>LEI: 529900W3MOO00A18X956 | Long             | EC               | CORP              | HU        |      1045 | NS      | $83169.50     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION SOFTWARE INC                    | CONSTELLATION SOFTWARE INC                    | CUSIP: 000000000<br>LEI: 549300B6PYHMCTDWQV29 | N/A              | DE               |  | CA        |        26 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Nippon Telegraph & Telephone Corp             | Nippon Telegraph & Telephone Corp             | CUSIP: 000000000<br>LEI: 353800VHQU5VIXVUA841 | Long             | EC               | CORP              | JP        |     87500 | NS      | $93288.10     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Essity AB                                     | Essity AB                                     | CUSIP: 000000000<br>LEI: 549300G8E6YUVJ1DA153 | Long             | EC               | CORP              | SE        |      4979 | NS      | $136877.57    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollarama Inc                                 | Dollarama Inc                                 | CUSIP: 25675T107<br>LEI: 5493002GJ0NJP1HI0C79 | Long             | EC               | CORP              | CA        |      2658 | NS      | $373756.29    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Empire Co Ltd                                 | Empire Co Ltd                                 | CUSIP: 291843407<br>LEI: 549300TX0ZUSTEF7C719 | Long             | EC               | CORP              | CA        |      1810 | NS      | $74960.13     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                              | TotalEnergies SE                              | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |      5948 | NS      | $363765.15    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Unibail-Rodamco-Westfield                     | Unibail-Rodamco-Westfield                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | XX        |       625 | NS      | $59528.84     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| MediaTek Inc                                  | MediaTek Inc                                  | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |      9000 | NS      | $385115.71    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                              | Novo Nordisk A/S                              | CUSIP: 000000000<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |      3504 | NS      | $242354.76    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| NatWest Group PLC                             | NatWest Group PLC                             | CUSIP: 000000000<br>LEI: 2138005O9XJIJN4JPN90 | Long             | EC               | CORP              | GB        |     73507 | NS      | $515134.55    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiichi Sankyo Co Ltd                         | Daiichi Sankyo Co Ltd                         | CUSIP: 000000000<br>LEI: 353800XGIU2IHQGC9504 | Long             | EC               | CORP              | JP        |      3900 | NS      | $90854.65     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| RELX PLC                                      | RELX PLC                                      | CUSIP: 000000000<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |      2046 | NS      | $110383.03    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank of Greece SA                    | National Bank of Greece SA                    | CUSIP: 000000000<br>LEI: 5UMCZOEYKCVFAW8ZLO05 | Long             | EC               | CORP              | GR        |      8768 | NS      | $111465.74    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Centerra Gold Inc                             | Centerra Gold Inc                             | CUSIP: 152006102<br>LEI: 549300K0HXTMP5JJ0E62 | Long             | EC               | CORP              | CA        |     11314 | NS      | $81341.40     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Suncor Energy Inc                             | Suncor Energy Inc                             | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |      4300 | NS      | $160749.73    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Kanzhun Ltd                                   | Kanzhun Ltd                                   | CUSIP: 48553T106<br>LEI: 254900F4ZCBITP7L0251 | Long             | EC               | CORP              | KY        |      4535 | NS      | $80904.40     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Huaxia Bank Co Ltd                            | Huaxia Bank Co Ltd                            | CUSIP: 000000000<br>LEI: 300300AKNDEHIGVDZW37 | Long             | EC               | CORP              | CN        |     65700 | NS      | $72526.27     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Dai-ichi Life Holdings Inc                    | Dai-ichi Life Holdings Inc                    | CUSIP: 000000000<br>LEI: 549300ZUFXI7JXZVTZ25 | Long             | EC               | CORP              | JP        |      7200 | NS      | $54631.17     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Gold Fields Ltd                               | Gold Fields Ltd                               | CUSIP: 38059T106<br>LEI: 5299003KXIBJQYCBBD72 | Long             | EC               | CORP              | ZA        |      2376 | NS      | $56239.92     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Rheinmetall AG                                | Rheinmetall AG                                | CUSIP: 000000000<br>LEI: 5299001OU9CSE29O6S05 | Long             | EC               | CORP              | DE        |       114 | NS      | $240472.45    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiwa Securities Group Inc                    | Daiwa Securities Group Inc                    | CUSIP: 000000000<br>LEI: 353800WRC7Y23PWFJG38 | Long             | EC               | CORP              | JP        |      6800 | NS      | $48230.12     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Infosys Ltd                                   | Infosys Ltd                                   | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |      5305 | NS      | $98301.65     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of China Ltd                             | Bank of China Ltd                             | CUSIP: 000000000<br>LEI: 54930053HGCFWVHYZX42 | Long             | EC               | CORP              | CN        |    178000 | NS      | $103398.73    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK PLC                                       | GSK PLC                                       | CUSIP: 000000000<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |     25020 | NS      | $476577.31    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyakugo Bank Ltd/The                          | Hyakugo Bank Ltd/The                          | CUSIP: 000000000<br>LEI: 549300BYCCERC5EKUX15 | Long             | EC               | CORP              | JP        |      7100 | NS      | $33965.18     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Etihad Etisalat Co                            | Etihad Etisalat Co                            | CUSIP: 000000000<br>LEI: 2549007BA9ABDE3HVK79 | Long             | EC               | CORP              | SA        |      4965 | NS      | $78502.73     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Info Service PCL                     | Advanced Info Service PCL                     | CUSIP: 000000000<br>LEI: 529900DU2YW1NO5RMU78 | Long             | EC               | CORP              | TH        |      9000 | NS      | $76963.89     | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                               | AstraZeneca PLC                               | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |      6057 | NS      | $423263.16    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Smiths Group PLC                              | Smiths Group PLC                              | CUSIP: 000000000<br>LEI: 213800MJL6IPZS3ASA11 | Long             | EC               | CORP              | GB        |     12675 | NS      | $390111.70    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Telefonaktiebolaget LM Ericsson               | Telefonaktiebolaget LM Ericsson               | CUSIP: 294821608<br>LEI: 549300W9JLPW15XIFM52 | Long             | EC               | CORP              | SE        |      8238 | NS      | $69858.24     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyu Fudosan Holdings Corp                   | Tokyu Fudosan Holdings Corp                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      6800 | NS      | $48418.43     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Financial Group Inc                        | KB Financial Group Inc                        | CUSIP: 000000000<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |       809 | NS      | $66477.55     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Asia Vital Components Co Ltd                  | Asia Vital Components Co Ltd                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      2000 | NS      | $50869.51     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Shopify Inc                                   | Shopify Inc                                   | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |       527 | NS      | $60660.04     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| International Consolidated Airlines Group SA  | International Consolidated Airlines Group SA  | CUSIP: 000000000<br>LEI: 959800TZHQRUSH1ESL13 | Long             | EC               | CORP              | ES        |     39403 | NS      | $184365.22    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| New China Life Insurance Co Ltd               | New China Life Insurance Co Ltd               | CUSIP: 000000000<br>LEI: 300300F2001111000095 | Long             | EC               | CORP              | CN        |      9800 | NS      | $53369.43     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| NGK Insulators Ltd                            | NGK Insulators Ltd                            | CUSIP: 000000000<br>LEI: 353800701BNCL25VYY16 | Long             | EC               | CORP              | JP        |      3600 | NS      | $45172.90     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Japan Railway Co                      | Central Japan Railway Co                      | CUSIP: 000000000<br>LEI: 353800YAR3OVUITHTG64 | Long             | EC               | CORP              | JP        |      2200 | NS      | $49225.66     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Fujita Kanko Inc                              | Fujita Kanko Inc                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       700 | NS      | $53985.95     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Nice Ltd                                      | Nice Ltd                                      | CUSIP: 653656108<br>LEI: 254900YTY4EF5Z4W0A51 | Long             | EC               | CORP              | IL        |       778 | NS      | $131411.98    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Emera Inc                                     | Emera Inc                                     | CUSIP: 290876101<br>LEI: NQZVQT2P5IUF2PGA1Q48 | Long             | EC               | CORP              | CA        |      1728 | NS      | $78997.90     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle SA                                     | Nestle SA                                     | CUSIP: 000000000<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |      1922 | NS      | $190340.78    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Bank AG                              | Deutsche Bank AG                              | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | EC               | CORP              | DE        |     10675 | NS      | $315401.32    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Wolters Kluwer NV                             | Wolters Kluwer NV                             | CUSIP: 000000000<br>LEI: 724500TEM53I0U077B74 | Long             | EC               | CORP              | NL        |      3280 | NS      | $546539.61    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Charoen Pokphand Foods PCL                    | Charoen Pokphand Foods PCL                    | CUSIP: 000000000<br>LEI: 529900FJ3AI2GKGIWK15 | Long             | EC               | CORP              | TH        |     53400 | NS      | $37780.60     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BB Seguridade Participacoes SA                | BB Seguridade Participacoes SA                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     16084 | NS      | $105500.74    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| LG H&H Co Ltd                                 | LG H&H Co Ltd                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       178 | NS      | $42139.15     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CTS Eventim AG & Co KGaA                      | CTS Eventim AG & Co KGaA                      | CUSIP: 000000000<br>LEI: 529900FDHSN08UBJII80 | Long             | EC               | CORP              | DE        |       946 | NS      | $117042.65    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Hana Financial Group Inc                      | Hana Financial Group Inc                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      6945 | NS      | $444097.14    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NetEase Inc                                   | NetEase Inc                                   | CUSIP: 000000000<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | KY        |     10700 | NS      | $287605.10    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Marks & Spencer Group PLC                     | Marks & Spencer Group PLC                     | CUSIP: 000000000<br>LEI: 213800EJP14A79ZG1X44 | Long             | EC               | CORP              | GB        |     22062 | NS      | $107144.49    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Emaar Properties PJSC                         | Emaar Properties PJSC                         | CUSIP: 000000000<br>LEI: 254900YWYEXYXK1BMP81 | Long             | EC               | CORP              | AE        |     55284 | NS      | $204708.17    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Sage Group PLC/The                            | Sage Group PLC/The                            | CUSIP: 000000000<br>LEI: 2138005RN5XYLTF8G138 | Long             | EC               | CORP              | GB        |      4890 | NS      | $83796.10     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| China Life Insurance Co Ltd                   | China Life Insurance Co Ltd                   | CUSIP: 000000000<br>LEI: 549300J6TFLDXGH6S048 | Long             | EC               | CORP              | CN        |     28000 | NS      | $67200.00     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Games Workshop Group PLC                      | Games Workshop Group PLC                      | CUSIP: 000000000<br>LEI: 213800RP9QJQYGWHNT41 | Long             | EC               | CORP              | GB        |       336 | NS      | $74682.94     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Music Entertainment Group             | Tencent Music Entertainment Group             | CUSIP: 88034P109<br>LEI: 213800XTZK2GOHQTYK41 | Long             | EC               | CORP              | KY        |      2637 | NS      | $51395.13     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Larsen & Toubro Ltd                           | Larsen & Toubro Ltd                           | CUSIP: 000000000<br>LEI: 3358003FR3JIC5FRXA90 | Long             | EC               | CORP              | IN        |      1012 | NS      | $43313.60     | 0.11%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Intesa Sanpaolo SpA                           | Intesa Sanpaolo SpA                           | CUSIP: 000000000<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | EC               | CORP              | IT        |     33001 | NS      | $189487.93    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| East Japan Railway Co                         | East Japan Railway Co                         | CUSIP: 000000000<br>LEI: 353800SENYJ2DSM6PS44 | Long             | EC               | CORP              | JP        |      2400 | NS      | $51640.42     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Midea Group Co Ltd                            | Midea Group Co Ltd                            | CUSIP: 000000000<br>LEI: 3003003TRPHLHZD2IF61 | Long             | EC               | CORP              | CN        |      6500 | NS      | $61646.50     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ORIX Corp                                     | ORIX Corp                                     | CUSIP: 000000000<br>LEI: 35380016EMHNBOVYE123 | Long             | EC               | CORP              | JP        |      8200 | NS      | $185066.98    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Vista Energy SAB de CV                        | Vista Energy SAB de CV                        | CUSIP: 92837L109<br>LEI: 549300UDOHP7958KNS89 | Long             | EC               | CORP              | MX        |       891 | NS      | $42598.71     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Harmony Gold Mining Co Ltd                    | Harmony Gold Mining Co Ltd                    | CUSIP: 413216300<br>LEI: 378900986D05F0C29811 | Long             | EC               | CORP              | ZA        |      7867 | NS      | $109901.99    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| KGHM Polska Miedz SA                          | KGHM Polska Miedz SA                          | CUSIP: 000000000<br>LEI: G30CO71KTT9JDYJESN22 | Long             | EC               | CORP              | PL        |      3635 | NS      | $129657.97    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Ramelius Resources Ltd                        | Ramelius Resources Ltd                        | CUSIP: 000000000<br>LEI: 254900E44AIGW7KKNR98 | Long             | EC               | CORP              | AU        |     33290 | NS      | $54977.84     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia De Sanena Do Parana                       | Cia De Sanena Do Parana                       | CUSIP: 000000000<br>LEI: 254900SZW9X2D21A7X94 | Long             | EC               | CORP              | BR        |     20666 | NS      | $144226.74    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Kongsberg Gruppen ASA                         | Kongsberg Gruppen ASA                         | CUSIP: 000000000<br>LEI: 5967007LIEEXZXJ9HK73 | Long             | EC               | CORP              | NO        |      7545 | NS      | $291408.17    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Hachijuni Bank Ltd/The                        | Hachijuni Bank Ltd/The                        | CUSIP: 000000000<br>LEI: FE70I3MHDCWOZWK19W48 | Long             | EC               | CORP              | JP        |      6500 | NS      | $52694.80     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Post Holdings Co Ltd                    | Japan Post Holdings Co Ltd                    | CUSIP: 000000000<br>LEI: 5299003D9N4JBS256X18 | Long             | EC               | CORP              | JP        |     65000 | NS      | $600972.69    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Agricole SA                            | Credit Agricole SA                            | CUSIP: 000000000<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | EC               | CORP              | FR        |      4718 | NS      | $88971.53     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyota Motor Corp                             | Toyota Motor Corp                             | CUSIP: 000000000<br>LEI: 5493006W3QUS5LMH6R84 | Long             | EC               | CORP              | JP        |      2700 | NS      | $46599.74     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Indofood Sukses Makmur Tbk PT                 | Indofood Sukses Makmur Tbk PT                 | CUSIP: 000000000<br>LEI: 529900E61EV2GTYWZ485 | Long             | EC               | CORP              | ID        |    148500 | NS      | $74318.60     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyoto Financial Group Inc                     | Kyoto Financial Group Inc                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      7100 | NS      | $126914.74    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Volkswagen AG                                 | Volkswagen AG                                 | CUSIP: 000000000<br>LEI: 529900NNUPAGGOMPXZ31 | Long             | EP               | CORP              | DE        |       874 | NS      | $91945.14     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Inghams Group Ltd                             | Inghams Group Ltd                             | CUSIP: 000000000<br>LEI: 529900ZZ4VRHSGVBNE41 | Long             | EC               | CORP              | AU        |     23148 | NS      | $53853.66     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritz Financial Group Inc                    | Meritz Financial Group Inc                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1451 | NS      | $120952.50    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Anheuser-Busch InBev SA/NV                    | Anheuser-Busch InBev SA/NV                    | CUSIP: 000000000<br>LEI: 5493008H3828EMEXB082 | Long             | EC               | CORP              | BE        |       634 | NS      | $43343.40     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Perseus Mining Ltd                            | Perseus Mining Ltd                            | CUSIP: 000000000<br>LEI: 54930054ZDGKBCW3SM26 | Long             | EC               | CORP              | AU        |     16744 | NS      | $37308.82     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| GAIL India Ltd                                | GAIL India Ltd                                | CUSIP: 36268T206<br>LEI: 335800N82LJD42ZA5L32 | Long             | EC               | CORP              | IN        |      3764 | NS      | $50061.20     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Ahold Delhaize NV                 | Koninklijke Ahold Delhaize NV                 | CUSIP: 000000000<br>LEI: 724500C9GNBV20UYRX36 | Long             | EC               | CORP              | NL        |      6490 | NS      | $270449.04    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| JD.com Inc                                    | JD.com Inc                                    | CUSIP: 000000000<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | KY        |     13350 | NS      | $217511.46    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Bank Ltd                                 | Axis Bank Ltd                                 | CUSIP: 05462W109<br>LEI: 549300HVNWMJPOFVNI41 | Long             | EC               | CORP              | IN        |      1199 | NS      | $83210.60     | 0.21%             |  |  |  | Yes           |                  1 | On Loan: No      |
| J Sainsbury PLC                               | J Sainsbury PLC                               | CUSIP: 000000000<br>LEI: 213800VGZAAJIKJ9Y484 | Long             | EC               | CORP              | GB        |     22526 | NS      | $89456.88     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Wipro Ltd                                     | Wipro Ltd                                     | CUSIP: 97651M109<br>LEI: 335800IFS1IJHESG8362 | Long             | EC               | CORP              | IN        |     43942 | NS      | $132704.84    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| BASF SE                                       | BASF SE                                       | CUSIP: 000000000<br>LEI: 529900PM64WH8AF1E917 | Long             | EC               | CORP              | DE        |      3217 | NS      | $158074.82    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudbay Minerals Inc                           | Hudbay Minerals Inc                           | CUSIP: 443628102<br>LEI: 894500LX3TMESP27BE29 | Long             | EC               | CORP              | CA        |      7766 | NS      | $82241.63     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Osaka Cement Co Ltd                  | Sumitomo Osaka Cement Co Ltd                  | CUSIP: 000000000<br>LEI: 5299001WJ26J6HQN5D67 | Long             | EC               | CORP              | JP        |      3700 | NS      | $96902.63     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Saison Co Ltd                          | Credit Saison Co Ltd                          | CUSIP: 000000000<br>LEI: 529900SV58ZWTGRH3A66 | Long             | EC               | CORP              | JP        |      2200 | NS      | $59399.77     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CP ALL PCL                                    | CP ALL PCL                                    | CUSIP: 000000000<br>LEI: 894500LSBZLM09TY1A91 | Long             | EC               | CORP              | TH        |     30600 | NS      | $41416.54     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Leonardo SpA                                  | Leonardo SpA                                  | CUSIP: 000000000<br>LEI: 529900X4EEX1U9LN3U39 | Long             | EC               | CORP              | IT        |      3938 | NS      | $220868.74    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| PetroChina Co Ltd                             | PetroChina Co Ltd                             | CUSIP: 000000000<br>LEI: 529900RPY4YG47TRSV05 | Long             | EC               | CORP              | CN        |     66000 | NS      | $56751.59     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Natural Resources Ltd                | Canadian Natural Resources Ltd                | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |      9159 | NS      | $287288.53    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Adnoc Gas PLC                                 | Adnoc Gas PLC                                 | CUSIP: 000000000<br>LEI: 254900O5NS03BDOOM362 | Long             | EC               | CORP              | AE        |     60005 | NS      | $55874.08     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc           | Sumitomo Mitsui Financial Group Inc           | CUSIP: 000000000<br>LEI: 35380028MYWPB6AUO129 | Long             | EC               | CORP              | JP        |      7200 | NS      | $181140.23    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Kuaishou Technology                           | Kuaishou Technology                           | CUSIP: 000000000<br>LEI: 300300FCDZBE6UP9ED24 | Long             | EC               | CORP              | KY        |     12800 | NS      | $103215.29    | 0.26%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Delta Electronics Inc                         | Delta Electronics Inc                         | CUSIP: 000000000<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |     24000 | NS      | $339312.61    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| WH Group Ltd                                  | WH Group Ltd                                  | CUSIP: 000000000<br>LEI: 254900A4AYEDRWYSE928 | Long             | EC               | CORP              | KY        |    592000 | NS      | $569375.80    | 1.44%             |  |  |  | Yes           |                  1 | On Loan: No      |
| UniCredit SpA                                 | UniCredit SpA                                 | CUSIP: 000000000<br>LEI: 549300TRUWO2CD2G5692 | Long             | EC               | CORP              | IT        |      4510 | NS      | $301285.01    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Suzuki Motor Corp                             | Suzuki Motor Corp                             | CUSIP: 000000000<br>LEI: 353800D83H0V3ZV1SV24 | Long             | EC               | CORP              | JP        |      6000 | NS      | $72401.26     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PGE Polska Grupa Energetyczna SA              | PGE Polska Grupa Energetyczna SA              | CUSIP: 000000000<br>LEI: 259400MP9VXR0E69MJ89 | Long             | EC               | CORP              | PL        |     15328 | NS      | $48375.19     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Allianz SE                                    | Allianz SE                                    | CUSIP: 000000000<br>LEI: 529900K9B0N5BT694847 | Long             | EC               | CORP              | DE        |       263 | NS      | $106231.38    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| AerCap Holdings NV                            | AerCap Holdings NV                            | CUSIP: 000000000<br>LEI: 549300SZYINBBLJQU475 | Long             | EC               | CORP              | NL        |       338 | NS      | $39546.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Industries Ltd                       | Reliance Industries Ltd                       | CUSIP: 759470107<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |       943 | NS      | $65821.40     | 0.17%             |  |  |  | Yes           |                  1 | On Loan: No      |
| UBS Group AG                                  | UBS Group AG                                  | CUSIP: 000000000<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EC               | CORP              | CH        |      3255 | NS      | $109794.91    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| DigiPlus Interactive Corp                     | DigiPlus Interactive Corp                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | PH        |     81280 | NS      | $75032.13     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| TUI AG                                        | TUI AG                                        | CUSIP: 000000000<br>LEI: 529900SL2WSPV293B552 | Long             | EC               | CORP              | DE        |     14961 | NS      | $130274.63    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Chartered PLC                        | Standard Chartered PLC                        | CUSIP: 000000000<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | EC               | CORP              | GB        |     25060 | NS      | $414495.28    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Experian PLC                                  | Experian PLC                                  | CUSIP: 000000000<br>LEI: 635400RXXHHYT1JTSZ26 | Long             | EC               | CORP              | JE        |      1084 | NS      | $55734.40     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ADNOC Drilling Co PJSC                        | ADNOC Drilling Co PJSC                        | CUSIP: 000000000<br>LEI: 254900JPRSQL1PM0JV19 | Long             | EC               | CORP              | AE        |     27664 | NS      | $42932.55     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Fairfax Financial Holdings Ltd                | Fairfax Financial Holdings Ltd                | CUSIP: 303901102<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | EC               | CORP              | CA        |       250 | NS      | $450348.11    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Nissan Chemical Corp                          | Nissan Chemical Corp                          | CUSIP: 000000000<br>LEI: 3538002E4L1CUGJFFU25 | Long             | EC               | CORP              | JP        |      5100 | NS      | $155388.56    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Japfa Comfeed Indonesia Tbk PT                | Japfa Comfeed Indonesia Tbk PT                | CUSIP: 000000000<br>LEI: 549300VJMRP8O87R3147 | Long             | EC               | CORP              | ID        |    806400 | NS      | $75250.75     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferrari NV                                    | Ferrari NV                                    | CUSIP: 000000000<br>LEI: 549300RIVY5EX8RCON76 | Long             | EC               | CORP              | NL        |      1082 | NS      | $528490.73    | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Turkiye Garanti Bankasi AS                    | Turkiye Garanti Bankasi AS                    | CUSIP: 000000000<br>LEI: 5493002XSS7K7RHN1V37 | Long             | EC               | CORP              | TR        |     16081 | NS      | $54555.02     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| International Games System Co Ltd             | International Games System Co Ltd             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      2000 | NS      | $58742.98     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Amrize Ltd                                    | Amrize Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CH        |      1426 | NS      | $70905.88     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Sompo Holdings Inc                            | Sompo Holdings Inc                            | CUSIP: 000000000<br>LEI: 353800CWW4SRGEYEB512 | Long             | EC               | CORP              | JP        |      7600 | NS      | $228612.97    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinross Gold Corp                             | Kinross Gold Corp                             | CUSIP: 496902404<br>LEI: 549300UEBMAQDN0K0R06 | Long             | EC               | CORP              | CA        |      8538 | NS      | $133154.01    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| IONOS Group SE                                | IONOS Group SE                                | CUSIP: 000000000<br>LEI: 54930038KPLOYRDHV375 | Long             | EC               | CORP              | DE        |      1463 | NS      | $68521.94     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi SA                                     | Sanofi SA                                     | CUSIP: 000000000<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |       535 | NS      | $51628.66     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Electric Corp                      | Mitsubishi Electric Corp                      | CUSIP: 000000000<br>LEI: 549300TRXM9Y6561AX39 | Long             | EC               | CORP              | JP        |     28975 | NS      | $624052.23    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| AIB Group PLC                                 | AIB Group PLC                                 | CUSIP: 000000000<br>LEI: 635400AKJBGNS5WNQL34 | Long             | EC               | CORP              | IE        |      5966 | NS      | $48917.25     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ENEOS Holdings Inc                            | ENEOS Holdings Inc                            | CUSIP: 000000000<br>LEI: 3538001KQ5SAOZSQTT44 | Long             | EC               | CORP              | JP        |     20100 | NS      | $99508.53     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyushu Electric Power Co Inc                  | Kyushu Electric Power Co Inc                  | CUSIP: 000000000<br>LEI: 549300BYNZPLKQVQH430 | Long             | EC               | CORP              | JP        |      6800 | NS      | $60611.31     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Accton Technology Corp                        | Accton Technology Corp                        | CUSIP: 000000000<br>LEI: 529900M1YRZ0GWMDF920 | Long             | EC               | CORP              | TW        |      3000 | NS      | $74969.19     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| International Workplace Group PLC             | International Workplace Group PLC             | CUSIP: 000000000<br>LEI: 2138003LWDII27UTAG52 | Long             | EC               | CORP              | JE        |     14414 | NS      | $41242.62     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Vinci SA                                      | Vinci SA                                      | CUSIP: 000000000<br>LEI: 213800WFQ334R8UXUG83 | Long             | EC               | CORP              | FR        |      3541 | NS      | $519990.77    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays PLC                                  | Barclays PLC                                  | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EC               | CORP              | GB        |     45387 | NS      | $209787.24    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Tiger Brands Ltd                              | Tiger Brands Ltd                              | CUSIP: 000000000<br>LEI: 529900C57HAFZAHHBC90 | Long             | EC               | CORP              | ZA        |      4278 | NS      | $76762.67     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Singapore Technologies Engineering Ltd        | Singapore Technologies Engineering Ltd        | CUSIP: 000000000<br>LEI: 254900OEXGGWCR24DG90 | Long             | EC               | CORP              | SG        |     16100 | NS      | $98472.11     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Realtek Semiconductor Corp                    | Realtek Semiconductor Corp                    | CUSIP: 000000000<br>LEI: 5299002E7F36O00MYY75 | Long             | EC               | CORP              | TW        |      4000 | NS      | $77639.33     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Santander SA                            | Banco Santander SA                            | CUSIP: 000000000<br>LEI: 5493006QMFDDMYWIAM13 | Long             | EC               | CORP              | ES        |     52478 | NS      | $432872.14    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd                     | Alibaba Group Holding Ltd                     | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |     27000 | NS      | $377656.05    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| CGI Inc                                       | CGI Inc                                       | CUSIP: 12532H104<br>LEI: 549300WSRCZY73ZG3090 | Long             | EC               | CORP              | CA        |      1708 | NS      | $179011.42    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens AG                                    | Siemens AG                                    | CUSIP: 000000000<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |       189 | NS      | $48287.29     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NN Group NV                                   | NN Group NV                                   | CUSIP: 000000000<br>LEI: 724500OHYNDT9OY6Q215 | Long             | EC               | CORP              | NL        |      1468 | NS      | $97223.56     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Hynix Inc                                  | SK Hynix Inc                                  | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |      1190 | NS      | $257468.88    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| United Overseas Bank Ltd                      | United Overseas Bank Ltd                      | CUSIP: 000000000<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | EC               | CORP              | SG        |      9300 | NS      | $262866.56    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| China Tower Corp Ltd                          | China Tower Corp Ltd                          | CUSIP: 000000000<br>LEI: 300300T6BNNP0L7O7H91 | Long             | EC               | CORP              | CN        |     30500 | NS      | $43593.63     | 0.11%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Alpha Bank SA                                 | Alpha Bank SA                                 | CUSIP: 000000000<br>LEI: 213800DBQIB6VBNU5C64 | Long             | EC               | CORP              | GR        |     37645 | NS      | $132126.79    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Traton SE                                     | Traton SE                                     | CUSIP: 000000000<br>LEI: 529900UIMQRKPFN6SV80 | Long             | EC               | CORP              | DE        |      1932 | NS      | $62411.98     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Torex Gold Resources Inc                      | Torex Gold Resources Inc                      | CUSIP: 891054603<br>LEI: 549300QL07027186GQ85 | Long             | EC               | CORP              | CA        |      1694 | NS      | $55146.56     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Mahindra & Mahindra Ltd                       | Mahindra & Mahindra Ltd                       | CUSIP: 000000000<br>LEI: 3358003B573EV4KB4Z02 | Long             | EC               | CORP              | IN        |      1663 | NS      | $60865.80     | 0.15%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Mizuho Financial Group Inc                    | Mizuho Financial Group Inc                    | CUSIP: 000000000<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | EC               | CORP              | JP        |      9700 | NS      | $268144.28    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Cie de Saint-Gobain SA                        | Cie de Saint-Gobain SA                        | CUSIP: 000000000<br>LEI: NFONVGN05Z0FMN5PEC35 | Long             | EC               | CORP              | FR        |       917 | NS      | $107254.48    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Korea Electric Power Corp                     | Korea Electric Power Corp                     | CUSIP: 000000000<br>LEI: 988400QG33WS7JEIV602 | Long             | EC               | CORP              | KR        |     10035 | NS      | $292216.58    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd     | Taiwan Semiconductor Manufacturing Co Ltd     | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     30000 | NS      | $1088593.73   | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| KDDI Corp                                     | KDDI Corp                                     | CUSIP: 000000000<br>LEI: 5299003FU7V4I45FU310 | Long             | EC               | CORP              | JP        |     15600 | NS      | $267838.97    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| EXOR NV                                       | EXOR NV                                       | CUSIP: 000000000<br>LEI: 5493002ENHZ6NYET7405 | Long             | EC               | CORP              | NL        |      1698 | NS      | $170617.61    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Kunlun Energy Co Ltd                          | Kunlun Energy Co Ltd                          | CUSIP: 000000000<br>LEI: 5299007GRIKP15GM4927 | Long             | EC               | CORP              | BM        |     52000 | NS      | $50476.43     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Drax Group PLC                                | Drax Group PLC                                | CUSIP: 000000000<br>LEI: 549300YPSNTXR4ZHSR98 | Long             | EC               | CORP              | GB        |      5859 | NS      | $55640.11     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| China Pacific Insurance Group Co Ltd          | China Pacific Insurance Group Co Ltd          | CUSIP: 000000000<br>LEI: 529900BA5ILEL308WX03 | Long             | EC               | CORP              | CN        |     12200 | NS      | $41728.66     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Manulife Financial Corp                       | Manulife Financial Corp                       | CUSIP: 56501R106<br>LEI: 5493007GBX87QOZACS27 | Long             | EC               | CORP              | CA        |      5782 | NS      | $184498.56    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| China Merchants Bank Co Ltd                   | China Merchants Bank Co Ltd                   | CUSIP: 000000000<br>LEI: 549300MKO5B60FFIHF58 | Long             | EC               | CORP              | CN        |      9000 | NS      | $62885.35     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CyberPower Systems Inc                        | CyberPower Systems Inc                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      4000 | NS      | $35396.41     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential PLC                                | Prudential PLC                                | CUSIP: 000000000<br>LEI: 5493001Z3ZE83NGK8Y12 | Long             | EC               | CORP              | GB        |      9843 | NS      | $123094.66    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                                   | Novartis AG                                   | CUSIP: 000000000<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |      6747 | NS      | $815149.48    | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Dr Reddy's Laboratories Ltd                   | Dr Reddy's Laboratories Ltd                   | CUSIP: 256135203<br>LEI: 335800OVDPY3DVZR2798 | Long             | EC               | CORP              | IN        |     20773 | NS      | $312218.19    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd                          | Tencent Holdings Ltd                          | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |      8600 | NS      | $551057.32    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| KE Holdings Inc                               | KE Holdings Inc                               | CUSIP: 482497104<br>LEI: 254900RHVY072XPAZE03 | Long             | EC               | CORP              | KY        |      2861 | NS      | $50754.14     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Shikoku Electric Power Co Inc                 | Shikoku Electric Power Co Inc                 | CUSIP: 000000000<br>LEI: 353800KWK6U7ZCIWXS64 | Long             | EC               | CORP              | JP        |      5000 | NS      | $41797.92     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| International Container Terminal Services Inc | International Container Terminal Services Inc | CUSIP: 000000000<br>LEI: 254900FU1MWK0I0Q4J61 | Long             | EC               | CORP              | PH        |     20730 | NS      | $151252.09    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Glory Ltd                                     | Glory Ltd                                     | CUSIP: 000000000<br>LEI: 3538003FKID28TGG5U64 | Long             | EC               | CORP              | JP        |      3800 | NS      | $88472.43     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Brambles Ltd                                  | Brambles Ltd                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |     24816 | NS      | $380883.39    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokio Marine Holdings Inc                     | Tokio Marine Holdings Inc                     | CUSIP: 000000000<br>LEI: 5299009QN2NZ191KLS29 | Long             | EC               | CORP              | JP        |      2800 | NS      | $118458.93    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens Energy AG                             | Siemens Energy AG                             | CUSIP: 000000000<br>LEI: 5299005CHJZ14D4FDJ62 | Long             | EC               | CORP              | DE        |      1020 | NS      | $117409.83    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Wix.com Ltd                                   | Wix.com Ltd                                   | CUSIP: 000000000<br>LEI: 5493008P6N29Q1AG9464 | Long             | EC               | CORP              | IL        |       636 | NS      | $100780.56    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE                         | Schneider Electric SE                         | CUSIP: 000000000<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |       448 | NS      | $118744.73    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Meituan                                       | Meituan                                       | CUSIP: 000000000<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | KY        |     12400 | NS      | $197926.11    | 0.50%             |  |  |  | Yes           |                  1 | On Loan: No      |
| ORLEN SA                                      | ORLEN SA                                      | CUSIP: 000000000<br>LEI: 259400VVMM70CQREJT74 | Long             | EC               | CORP              | PL        |      3224 | NS      | $73245.35     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Denso Corp                                    | Denso Corp                                    | CUSIP: 000000000<br>LEI: 549300RYPA10CQM3QK38 | Long             | EC               | CORP              | JP        |      6700 | NS      | $90472.84     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Yuanta Financial Holding Co Ltd               | Yuanta Financial Holding Co Ltd               | CUSIP: 000000000<br>LEI: 21380045JG57LJEFFE13 | Long             | EC               | CORP              | TW        |     35000 | NS      | $40916.40     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Asustek Computer Inc                          | Asustek Computer Inc                          | CUSIP: 000000000<br>LEI: 254900B3WB4OGRB7HM13 | Long             | EC               | CORP              | TW        |      2000 | NS      | $44091.47     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercedes-Benz Group AG                        | Mercedes-Benz Group AG                        | CUSIP: 000000000<br>LEI: 529900R27DL06UVNT076 | Long             | EC               | CORP              | DE        |      1431 | NS      | $83468.20     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| BYD Co Ltd                                    | BYD Co Ltd                                    | CUSIP: 000000000<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |      6000 | NS      | $93630.57     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Qantas Airways Ltd                            | Qantas Airways Ltd                            | CUSIP: 000000000<br>LEI: YLXNW6TI6QSK1H8H0N82 | Long             | EC               | CORP              | AU        |     49497 | NS      | $348382.65    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| AGL Energy Ltd                                | AGL Energy Ltd                                | CUSIP: 000000000<br>LEI: 549300QAZ8A74DEDXO80 | Long             | EC               | CORP              | AU        |     20765 | NS      | $132409.19    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| MakeMyTrip Ltd                                | MakeMyTrip Ltd                                | CUSIP: 000000000<br>LEI: 529900DNT8HNJ7RYUO60 | Long             | EC               | CORP              | MU        |       456 | NS      | $44697.12     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Loblaw Cos Ltd                                | Loblaw Cos Ltd                                | CUSIP: 539481101<br>LEI: 5493008LN3O1DIDTSH67 | Long             | EC               | CORP              | CA        |      1454 | NS      | $240024.55    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA            | Banco Bilbao Vizcaya Argentaria SA            | CUSIP: 000000000<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EC               | CORP              | ES        |     13595 | NS      | $208338.01    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Femsa SAB de CV                     | Coca-Cola Femsa SAB de CV                     | CUSIP: 191241108<br>LEI: 5493008KEVFYPMGTXO33 | Long             | EC               | CORP              | MX        |       448 | NS      | $43335.04     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Haidilao International Holding Ltd            | Haidilao International Holding Ltd            | CUSIP: 000000000<br>LEI: 3003009Q8GV4VNKZWI24 | Long             | EC               | CORP              | KY        |     32000 | NS      | $60738.85     | 0.15%             |  |  |  | Yes           |                  1 | On Loan: No      |
| China Construction Bank Corp                  | China Construction Bank Corp                  | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | EC               | CORP              | CN        |     71000 | NS      | $71633.12     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Holdings PLC                             | HSBC Holdings PLC                             | CUSIP: 000000000<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | EC               | CORP              | GB        |     26605 | NS      | $321487.88    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-15

**Name of Applicant:** Lazard Active ETF Trust

**Signature:** Christina Kennedy

**Name of Signer:** Christina Kennedy

**Title:** Chief Financial Officer